Would you buy a Salvage title 550M with 41k miles?

yes thats less than 50% market

if you dont want it pm me the details

thank you

 

For $50k or less I don't think you can lose. In 10 years I can see it appreciating much more. Just get a good PPI.

 

a ppi for a 50K salvage car???? seriously???? its a salvage
use your common sense when checking out the car its just a car..... that your buying for parts price if it runs your lucky

 

While many Ferrari racing cars have been repaired and raced after serious shunts, and there appears to be no consequence for a proper repair, there is always the issue of the scar on the history. It may never be a good collector car, or sell for full market price, but it doesn't mean its a "bad" car.

 

Johnny,

You have a sickness equal to the guy who sold you the silver rocket. The lame thing is that guy is 3000miles away.

 

excellent buy!

 

How about a 2nd home in BC or Montana? That way you would never be without a 550.

 

wanna sell it ?

 

If it was in my neighborhood, I'd jump on this one too without batting an eye lash. Recently bought my 550 at near parts prices without a ppi and didn't think twice about it. But for some people $50k is not chump change especially if it needs more work.

 

well damn some of us just never have all the right luck.

 

Hi Johnny,

....may we see some pics of the car?


Saluti,

Jürgen

 

TDF blue is my favorite color. People also need to understand why these cars get a salvage title. It is super easy for a very repairable situation to exceed 50% of the cars value then the insurance co totals it. A cat converter is $10k, front hood $11k and latch is 600, fender liner 1500, front bumper $7k, $6k fender. So if you just had a parking lot front right corner crash it would cost $24k before labor and paint! That is how you total a 550. Basically, what I am trying to say is that a lot of salvaged cars are really good cars with soiled title. It is up to the buyer to figure out which. In high dollar classic 60's ferrariworld they rebuild those cars from a VIN plate and nobody cares about the past history.

 

....not an expert in "salvage title", but it sounds, like this could make a good opportunity to buy a nice car at a relativly low price. Why to break her up and not to enjoy this beautiful car, if it's a keeper, the title will not be that important imho.

During their livespan I think most of the Daytona's, 275 GTB's und SWB's would have got the salvage title in case they were involved in an even small accident. Not to mention the racing car's - most of them had quiet serious accidents during their most active racing lives. Happy, that they were no "written offs"....


Saluti,

Jürgen

 

.....fatbillybob, you were first, but we had the same ideas regarding the title.....


Saluti,

Jürgen

 

I'm interested in buying the car.

 

Maybe Carbon can give you some info??

 

PM sent

 

Your options are listed as below:

CALR RED BRAKE CALIPERS
DAY1 DAYTONA STYLE SEAT 364014208 BEIGE 4208
DSH1 COLOURED DASHBOARD 364013282 BLU SCURO 3282 (DARK BLUE)
DSH2 COLOURED PILLARS AND ROOF 364013282 BLU SCURO 3282 (DARK BLUE)
LOGO 'SCUDERIA FERRARI' SHIELDS
PIP1 COLOUR UPON REQUEST FOR PIPING 364013282 BLU SCURO 3282 (DARK BLUE)
SHF1 LEATHER REAR SHELF 364014208 BEIGE 4208
STW1 COLOURED STEERING WHEEL 364013282 BLU SCURO 3282 (DARK BLUE)

Doesn't say anything about FHP.

Scott