550 market check -00 with 29k miles | FerrariChat

550 market check -00 with 29k miles

Discussion in '456/550/575' started by henryr, Aug 10, 2004.

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  1. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    21,677
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    #1 henryr, Aug 10, 2004
    getting shown a 00 550 w/ 29k miles from my auto broker. fully serviced, nart blue/tan, shields, red calipers, daytona seats, shelf. good shape. he hasn't yet come back with a price (owner getting a carrera gt) but what would be FMV???? thx.
     
  2. Texas Forever

    Texas Forever Seven Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    75,941
    Texas!
    #2 Texas Forever, Aug 10, 2004
    Henry, according to my database, a 2000 550, with the 30k service should retail for between $130k and $140k. The average mileage is around 9k. But again, mileage doesn't count as much as condition, condition, condition.

    See me a PM with an email address if you would like to have a copy of the database.

    DrTax
     
  3. 911Fan

    911Fan Formula 3

    Apr 15, 2004
    1,294
    Southern California
    #3 911Fan, Aug 10, 2004
    Been hearing of a lot more newish Ferraris with miles lately.

    Trend or quirk?
     
  4. sherpa23

    sherpa23 F1 Veteran
    Owner Rossa Subscribed

    May 28, 2003
    9,992
    Rocky Mountains
    Full Name:
    Bastuna
    #4 sherpa23, Aug 10, 2004
    I think that FMV should be about $110-115 or so. It depends on the condition and when the service was completed, though.
     
  5. Doody

    Doody F1 Veteran

    Nov 16, 2001
    6,099
    MA USA
    Full Name:
    Mr. Doody
    #5 Doody, Aug 10, 2004
    i think that's too low, sherpa23. what do you base that on? i know of a 2000 with 10K miles that sold for around the good doctor's numbers only a couple weeks ago.

    doody.
     
  6. garysp7

    garysp7 Formula Junior

    Mar 28, 2004
    436
    Florida
    Full Name:
    Gary
    #6 garysp7, Aug 10, 2004
    I think a car with low miles (under 10K) in excellent condition would fetch between 130K to 145K. A dealer may pay 125 to 130K as a trade in value. There are many cars listed for sale by dealers for around 140 to 150K. I think if you can find a perfect car with low miles and pay arounf 130K, you have gotten a good deal.
    Dr. Tax is pretty close with his numbers. The hard part is finding a dealer willing to sell the car close to wholesale.
    Gary
     
  7. 550

    550 Rookie

    Sep 19, 2003
    46
    #7 550, Aug 11, 2004
    My 2000' 550 nart blue with 11,800 mi. all the extras. 30,000mi ser. done. mint cond. for sale $129,000. See FerrariAds.com and auto week.
     

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