That is a shame about the verde car - it is clearly a very desirable example
The DK Barchetta has been on the market for a very long time (previously at an Aston specialist) - it looks like a wonderful example, and has a great history but I guess the Barchetta is an acquired taste and has limited purpose in the U.K.!
Really frustrating actually. They have another car in storage for a client that has three 550's. He might sell but it looks like he wants a 2015 price in 2020. Just too much for me. I'll keep looking.
That is interesting- my local specialist also has a client with multiple 550s in storage and who had no interest in selling any of them to me last year!
That's hard,my wife says that for people of my generation there is no other substitute for the seeker of a 550,hope you won't get fooled again.
Sorry to hear it. I guess a lot of these collectors don't need to sell hence holding out on the pricing. As macabre as it sounds, often its the estate sales that throw up the best opportunities. Thought about putting in a cheeky £30something offer in for the Justin Banks one?
I bought a spare steering wheel so had MAcarbon do this one for me. Had the spokes done in CF, too, since they were kind of beat up. Still have the original in charcoal leather plus the airbag and cover in charcoal. Image Unavailable, Please Login
I bought my Testarossa at a very good price from an estate sale. Alan, still, a car is like a girl, you can't let the first snub make your mind up. If you really like the Verde car, and it is special, put in a higher bid. Take it for £85k, all being well with the PPI. You'll have a unique 550 in this beautiful weather, and forever. I don't see how you could be interested in the intergalactic mileage car if you want this one, though. One is a super special 550 in the prime of its life, the other is a solid bargain basement for someone with a budget less than half of yours.
I like that. While Maranellos aren't old man cars, they are too racy for that, they are cars you want to grow old with. I think lots of us wouldn't think of selling our cars, regardless of the economy. And here's the crux, there's nothing to trade on or up to. 599/F12 is a different type of car completely. Maybe a contemporary Aston Superleggera, but it's not a Ferrari.
It wasn't about the money Darius, after he'd slept on it he just couldn't part with the car. I get that, it just would have saved some messing about if he'd figured that out a couple of days sooner. After seeing the verde car - I'm just not interested in the 100k mile one. Even at £30K I would probably spend the same again making it how I wanted it and then I'd own a £60K 100k mile car. I may as just buy a good one to start with. There was a suggestion another one might be for sale, but as ever, the owner is absolutely loaded, owns three of them and just isn't bothered if he sells it or not unless the number is huge. In fact he bought the car a year ago and it's never even left KHPC since he bought it. For some people these cars are just things they collect in the way some people buy wine that sits in a bonded warehouse, they never see it, they never drink it, it just sits there and they own it. The verde car wasn't meant to be, another will come along when the time is right. Such is life.
Right, Darius. They're racy alright... Image Unavailable, Please Login Image Unavailable, Please Login I'm not thinking of selling it. Instead, I'm growing old with my F355 Challenge which replaced my 550 for track duty in 2012... Image Unavailable, Please Login Image Unavailable, Please Login The 550 is now my standby should I need to sideline my Challenge car at an event. Oh, and I'm staying on topic because I'm talking about my Maranello which has disappeared from the track.
Price point 8th May 2020 2002 575M F1 43,000 miles Sold for £54,000 + fees (£57,240) https://collectingcars.com/for-sale/2002-ferrari-575m-maranello High Bidder was "Justin Banks" vendor (unless he has a namesake) of the 102,000 550 mentioned earlier in the thread. It'll be interesting to see if this pops up for sale on his site.
The 550 is a surprisingly capable track car. I brought mine along with my 675 to a McLaren track day. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Hey Barry, can you give us a bit of insight into the difference between the 2 on the track ? Cheers Marce
Hi Marcel, Obviously they're quite different. The F355 Challenge is set up as a race car and can handle road courses very well. The 550 very much wanted to be a sports car, true to its identity crisis of not knowing if it's a GT car or sports car. It did well on the super speedway tracks like Daytona and Pocono out on the NASCAR ovals with all its torque and speed but its weight slowed it down on the road course turns. I tracked the 550 in its stock configuration. Changes in its suspension and tires would have improved its ability on road courses but the Challenge car came along and I retired the 550 from track duty. But I can tell you that the 550 was very stable at ~165 mph in the picture I posted of it on the Daytona high-banking. It got to that speed very quickly and easily. It could have gone faster but I was on street tires and I didn't want to put too much load on the tires. The right rear tires on all cars at Daytona have to be closely monitored and run at slightly higher inflation pressures as they're prone to failure. The Challenge car has less hp and torque and the force vector perpendicular to the track surface on the banking doesn't allow for quick acceleration until the track flattens out and then, suddenly, it's time to brake and turn into the road course. Barry
Estimate: $225,000–$275,000 HPG #2 (Excellent) value: $248,000 ($123K + $125K premium for manual) Delivered new to Canada and one of only 246 to leave the factory with North American specifications, this first-year 575 Maranello packs a 485-hp, 5.5-liter V-12 and is fitted with the highly desirable Fiorano Handling Package and six-speed manual transmission. Resplendent in Giallo Modena paint, the Maranello currently displays less than 15,000 kilometers. (If older Ferraris are more your speed, a 1964 Ferrari 330 GT 2+2 Series I by Pininfarina is also available.) 2002 Ferrari 575 Maranello Image Unavailable, Please Login Bidding in RM Sotheby’s Driving into Summer event is scheduled to begin on May 21 at 1 p.m. ET, with staggered closures on lots now extended to two days—starting May 28 at 11 a.m. ET and continuing May 29—due to “significant consignor interest.” Hagerty auction editor Andrew Newton says collectors obviously haven’t lost their enthusiasm during the worldwide COVID-19 pandemic and are ready to return to some semblance of normalcy. In the meantime … “Given recent activity on established online auction platforms, like Bring a Trailer and Hemmings, as well as the successful pivot to online sales from traditional auction houses, it’s clear that people are still interested in buying and selling collector cars, even if they have to do so in a modified form,”
+1 I acquired my 575M in 2009 when I was 78. I've put about 7500 miles on her, fewer than 700 miles a year, not much but understandable considering I've also had a 412, an F355 berlinetta, a Maserati Spyder, a Cadillac STS-V and my daily driver, a Cadillac CTS. All of which also necessitated some time at their wheels. And of which I still have the Maranello, the 412 and the two Cadillacs. The Maranello is indeed not an old man car, though I appear to have grown old with her; approaching age 90 - next January. I have written elsewhere that this design is flawless; walk around a Maranello, from every point of view every line of the design is perfect.
I think that this is cool. And it raises an interesting - I think - question. How old is a “typical” Maranello driver? I’m 45. I don’t think of the Maranello as an old man’s car. I do think of it though as the “team owner’s car” rather than the “up and coming racing driver’s car”....
Close to 40 here. 550’s were coming out of Maranello when my generation was 18 so this was THE dream car for many of us. I believe that, as it has happened in the past with other vintage exotics, prices will shoot up as my age group can start to afford them. I wanted to be first in line . Loving it. Sent from my iPhone using FerrariChat.com mobile app
I was in my 40s when I got my 550 and gated 575. I intend to be like Seth if I can and keep a Maranello for as long as I can. They were my dream cars when they came out also, when I was in my 20s. Wasn't interested in Lambos, too flashy. Now there is more choice of course.
Christopher, I'm not sure I agree; racing drivers love their race cars but I rather believe that for everyday street driving they would take a Maranello over a 488 or a P1