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Where to find 550's for sale?

Discussion in '456/550/575' started by stardoc, May 17, 2015.

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  1. stardoc

    stardoc Formula Junior

    May 5, 2005
    669
    The big oven
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    K RA
    #1 stardoc, May 17, 2015
    Coming off buying a T.R. a few months ago, I've realized that I would like to own a Ferrari that I can just drive. I love the T.R. but I can't think of any car other than the 550 that has a manual V12 and is comfortable around town. That said, does anyone know of any other sites other than the usual ebay/ auto trader /Hemmings where 550's are available for sale?
     
  2. absent

    absent F1 Veteran
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    #2 absent, May 17, 2015
    I think LFSC has a low miles '98 Red/Beige.
     
  3. bikerbob100

    bikerbob100 Formula Junior

    Jul 30, 2007
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    #3 bikerbob100, May 17, 2015
    $144,900
     
  4. stardoc

    stardoc Formula Junior

    May 5, 2005
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    The big oven
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    #4 stardoc, May 17, 2015
    Is that what they will be asking? I talked to the salesman on Friday and he didn't know.
     
  5. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
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    Jun 22, 2004
    79,649
    Danger Close at Moot Pointe, Gulf of America
    #5 Jack-the-lad, May 17, 2015
    What is LFSC? Thanks.
     
  6. bikerbob100

    bikerbob100 Formula Junior

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    #6 bikerbob100, May 17, 2015
    Lake Forest Sports Cars in Chicago, Ill.
     
  7. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
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    Jun 22, 2004
    79,649
    Danger Close at Moot Pointe, Gulf of America
    #7 Jack-the-lad, May 17, 2015
    D'oh!

    (Thanks.)
     
  8. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
    Owner Silver Subscribed

    Jun 22, 2004
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    Danger Close at Moot Pointe, Gulf of America
    #8 Jack-the-lad, May 17, 2015
    Last edited: May 17, 2015
    Pretty stout price.....
     
  9. 550Maranello

    550Maranello Karting
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    #9 550Maranello, May 18, 2015
    Just spoke to salesman. Reportedly car is in excellent condition. Asking 149K.
     
  10. stardoc

    stardoc Formula Junior

    May 5, 2005
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    #10 stardoc, May 18, 2015
    That is stratospheric. It was sold in Jan. in the $90k territory.
     
  11. 550Maranello

    550Maranello Karting
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    #11 550Maranello, May 18, 2015
    I think that is the market currently. Up 50% over last 6 months. I think low mileage cars will also carry a huge premium.
     
  12. dmundy

    dmundy Formula 3
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    #12 dmundy, May 18, 2015
    Wow. That is stout.
     
  13. ferraridriver

    ferraridriver F1 Rookie

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    #13 ferraridriver, May 18, 2015
    I was talking to a dealer a few weeks ago mentioning that my 550 was not for sale, then I laughingly said "unless someone offered me $125,000"

    His response was "That's low"

    Funny market conditions.
     
  14. gsjohnson

    gsjohnson Formula 3

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    #14 gsjohnson, May 18, 2015
    That was January :)
     
  15. dmundy

    dmundy Formula 3
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    #15 dmundy, May 18, 2015
    😳 how many miles?
     
  16. stardoc

    stardoc Formula Junior

    May 5, 2005
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    #16 stardoc, May 18, 2015
    There was one sold on craigslist O.C. for $85k with 8k miles 2 weeks ago so I know the prices have not gone up in a parabolic way, and the ones on ebay asking >$120k are currently still for sale.
     
  17. galileo

    galileo Formula Junior

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    #17 galileo, May 18, 2015
    The one on CL sold in 20 minutes.
     
  18. absent

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    #18 absent, May 18, 2015
    Just because someone gave it away does not make the market.
     
  19. 550Maranello

    550Maranello Karting
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    #19 550Maranello, May 18, 2015
    It seems the market caught up to the importance, unique character and collectibility of the 550. Similar to what just happened to the market for air-cooled 911s.
     
  20. alexkam

    alexkam Formula 3

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    #20 alexkam, May 18, 2015
    Current market: 100k for a clean 20-30k mile car, 125k for teen mile examples, 140+ for single digit mile cars. This is what I currently see.. Will be interesting to see where this goes 6 to 12 months from now.
     
  21. MoeD

    MoeD Formula 3

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    #21 MoeD, May 18, 2015
    Are youi sure about that single digit price? Sounds awfully aggressive
     
  22. alexkam

    alexkam Formula 3

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    #22 alexkam, May 19, 2015
    Relative to the 575 manual that just sold for 225k I think a very low milage 550 in the mid 100 range is a very reasonable figure. I'm referring to a pristine car.

    In comparison Testarossa's are well over 100k and not very nice ones at that. They made a ton of those 10,000 or so and I persoanlly think the 550 is 100x better looking and a much better driving car which only leads me to believe the 550 has a very bright future.
     
  23. galileo

    galileo Formula Junior

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    #23 galileo, May 19, 2015
    I agree
     
  24. Themaven

    Themaven F1 Rookie

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    #24 Themaven, May 19, 2015
    7177 Testas (excluding 512TR and 512M) and 3083 550s.
     
  25. LARRYH

    LARRYH F1 Veteran
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    #25 LARRYH, May 19, 2015
    to me the 550 is a tremendous value (in the Ferrari world) . It is a true front engine 12cyl GT
    with manual transmission with a design that is holding its age very well .. The last of the true analog Ferraris.... I cannot imagine why a 575 manual should be worth double an equivalent 550 and do not believe they will be for long..
     
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