550 in Sioux Falls, SD - PPI?

Pretty car and a great color combo

 

I am not trying to pooh-pooh on your parade, but.....

1) That car is in South Dakota
2) It is substantially over-priced
3) It is being offered for sale as a used car at a Subaru dealership

Those would be 3 red flags for me. There is no shortage of other 550s for sale in the market today, so I would look for another one --- just my opinion.

 

You might try contacting Premier Auto Restoration. Healey Werks. Ferrari Maserati Austin Healey Restoration Aston Martin Jaguar. HealeyWerks.com to see if they would have anyone that could do a PPI for you. They are about 1 1/2 hrs from Sioux Falls, SD and is about the only place close that I can think of that may be able to assist you. They are primarily a restoration business but have serviced modern ferraris as well.

 

Too many variables to quote a firm number but I would suggest something a bit south of the asking price in Denver.

 

+1 !!! The guys at Healey are legit. I know a couple in the Midwest who have purchased and had their Ferrari taken care of by them and were very pleased.

 

Or, FoD took it on a trade, determined it was a basket case, did not want to damage their excellent reputation by putting a "lesser" car up for sale in their retail inventory, so they dumped it on the wholesale market to anyone with a Dealer license ??

What does the CarFax say on this car ??? Might be worth checking that out. If it shows a recent point-to-point transaction from one Dealer inventory to another Dealer inventory, I would run away from this one.

 

I sold the car is question to the current seller...I was astonished to hear he put it up for sale as I thought this was going to be his fun summer car this year (I've sold him several cars over the years)

I can attest to you that it's a 100% legit car...two-owner Colorado car sold new by FoD and serviced here exclusively.

I've been itching to buy a 550 for quite some time and I was eager to buy this car when I took it in trade...that was until my Dealer Principal saw how nice the car was and he wouldn't let me buy it

 

Derek,

Thank you for your candor. I am sure the OP, who is considering buying the car, appreciates it as well.

Maybe you would be willing to suggest what you feel is a fair price for this 550 then, so the next buyer, who may well be an F-Chatter, does not get taken advantage of ??

If the most recent buyer of this car is directly connected with the Suby dealership, he likely bought it as a dealer-to-dealer transaction, which means the price was quite likely even less than $81,966 you folks had it advertised for ---- is that a fair supposition ??

To the OP ---

If you like this car and it checks out, I would try offering something in the neighborhood of $75-78K (CASH), and see what happens .

 

I spoke to the guys over there and yes in fact this car is a summer driver. I am in Sioux Falls and have been here on Fchat for a few years, I could go have a look for any of you. The guys over there are good guys!

 

It's baaaaackkkkk!!!!! Ferrari 550 Maranello - Ferrari, Maserati, Bentley, Lotus of Denver - Ferrari, Maserati, Bentley, Lotus of Denver

He decided he wanted a convertible for the summer so we made the swap for a
California over the weekend. It's got about 400 more miles so it's at 17k plus he tinted the windows and added a new Pioneer head unit. I don't particularly like the new stereo because it looks out of place but the good news is that I have the oem head unit and window tint is easy to remove

 

So, I guess the 550 is not only holding its value in today's market, but it is actually appreciating ?

A few months later and an additional 400 miles on the OD, and it is worth $1,000 more......from $81,966 to $82,944......sounds like a good investment opportunity .

 

Somebody needs to buy this! It gets more expensive every time it trades hands.

 

Or you could consider it a bargain!...Schulte had it advertised in the upper $90s!