vandevanterSH and ctml, good on you. You guys rock! Ferrari55whoa you & me both, brother. And I'm retired, so what's my excuse?!
Hi Darius. Several countries in Europe used Carfax. Spain and Sweden are two if them. Norway is not using it.
Well done! I have done 95.000 kms. of these. 100.000 kms. on the same clutch and it is still very good. Have no idea how much is left, but might work a few tenthoussands more. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
I replaced the clutch at ~100,000 miles (~160,000 kms), wasn't slipping but was at maximum adjustment and combined that service with belts, trans. mounts, etc.
Hi Stephen. When you say "at max adjustment", what do you actually mean by that? Where do you adjust and how? Thanks Erik
"Tazandjan" can give a better answer but on my 575 manual, there is no user clutch adjustment but clutch wear can be evaluated by direct inspection through inspection "ports"...
I can't get over how under-valued these cars are: https://collectingcars.com/for-sale/2000-ferrari-550-maranello-8 Less than 19,000 miles, just sold for £85,000 Image Unavailable, Please Login Image Unavailable, Please Login
I'd love Bluebottle's perspective here, but considering that car is RHD, it's relegated to UK. Despite the smaller population of RHD cars, there is some substantial uncertainly in UK Consumer sentiment, which is a record lows. Most consumer debt, including mortgages, is held in 2-5yr loans, the FTSE is enjoying a moderate bounce from a drastic slide since August, and the steep slide in GBP has challenged/will challenge earnings and containing prices considering the UK is a massive net importer. All this to say, I'd venture a guess the a combination of economic circumstances and the "any given Sunday" effect of an online auction could have resulted in a price that we consider low. But "low" is relative and the lens through which many of us in the US look through may be quite different from the actual eligible buying population for a RHD car in the UK in October 2022.
Auctions are, of course, a bit of a lottery and for all I know, it could have had some issues, but on the face of it, it is a very well spec'ed car in highly desirable colours and what I would regard as very low mileage. Yes, the economic situation here in the UK is a trifle uncertain just now, but the sort of person who would buy a car of this nature is not likely to be on the breadline: if it's the car they want, then they are likely to go for it, as they don't exactly come up every day of the week. Also do bear in mind that RHD cars are not confined to the UK. Both my 550 and my 246 went to Australia (and neither buyer had the opportunity to see the car before they had paid up and it arrived in Aus., so not much different from buying sight unseen at auction).
Yep. UK market is very different from US, and even RoW, making sale price comparisons almost impossible.
The real value of these cars are not the price, but the extra value your own life gets when you actually use them like they were intended and build for in the first place. They seem to take ALOT of miles and kilometers... That is my opinion. I have no idea when I am going to sell mine, but it is likely that it can happen in a very very long time. And fresh people who drive fast cars and boat sustain their young mindset and live a very long time too...
"The Perfect Ferrari 550 Maranello Life" ... Erik Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
^^ couldn't agree more. The status of our cars is slowly moving from being "used exotics" to "modern classics". Like everyone I wanted a low mileage garage queen for cheap when I was searching for mine, but after inspecting up close about a dozen I ended up buying the one with the highest mileage as it was clearly the cleanest of all I had seen and driven, suggesting to me it had been loved enough throughout its life to be kept in as much a good condition as possible for a regularly-used example, certainly meaning its previous caretakers could actually afford to run it and maintain it accordingly. To me this represents a non-negligible part of its actual value, as I think I can keep driving it without the stress that adding many more miles will devaluate it beyond an affordable point to me. This type of car may appeal more to enthusiasts who want to enjoy their Ferrari for what it is, understand and accept the costs associated, whilst (pretended) low mileage garage queens will probably appeal more to folks who should perhaps invest (even more) in the stock market and/or risk-safe assets. We just can't have our cake and eat it. I have found it is not always easy to make out the good cars from the bad ones, as many if not most have a general appearance which just does not make sense with what their advertised mileage pretends and/or their service history or lack thereof. Perhaps it's just me but as a hands-on, technical-minded enthusiast whenever I see a super low mileage example, and that is whether the adverstised low mileage is genuine or bogus, I struggle to not consider how much money will need to be spent to make it as reliable as another example which has been driven more, properly run-in (broken in) and ironed out over the long term as even if they were a technological leap forward compared with their predecessors they are still low production volume exotic cars. These are heavy cars and my experience is, contrary to light cars, I think they need to be driven to bed in/to settle/to get themselves together, if that makes sense.
Amen to that Sir. When I bought my car at 71.500 kms., I regarded that as quite low milage, although it was a bit more than my 456 with only 50-60k kms., and the 550 was not very delicate and had several small issues and repainted bumpers and scratches here and there after being used in the Italian heat and traffic. Now 100.000kms. later, the car is MUCH nicer and better looking, better running and gives a better overall feel. A guy looking at a 170.000 kms. Maranello would probably not wven come and see the car because of its milage. But the truth is that the car is in a lot better condition than when I bought it! What I have done to the engine is oil and filters, spark plugs, new AC compressor, new coolant and done the fans/shroud/wiring. Aldo have done belts and pulley bearings and waterpump (at 76.000 kms.) + one new oil pressure sensor. But except from that, the engine is not worked on at all!
I am no apologist for the economic and political mess the UK has gotten itself into. But, the UK RHD market for classic cars is traditionally very strong. The UK is by most measures the second or third biggest classic car market in the world. Exchange rate fluctuations make it hard to measure, and make Bluebottle's reference car look super cheap for the US market right now. And Brexit has affected the country's position as a clearing house. However, for the 30 or so years I have been observing and occasionally participating in the classic car market, I have more often noted that an equivalent classic is cheaper in continental Europe or the US than it is in the UK as a RHD. There are also the curious economic demographics of Britain, which is essentially one city filled with the worlds super rich surrounded by a largely poor rest of country. London is the third or fourth richest city in the world by number of millionaires and billionaires, with more than Paris, Geneva and Zurich combined, for example. Many of these people are not British but they are more likely to buy a classic car than the average Brit and will buy UK RHD. Back to the 550 in question, I think this is within 10 to 15 percent of the retail price, which is normal for auction, and I also agree that last weekend wasn't exactly a ride of consumer optimism given our Prime Minister roulette. Though that didn't stop some other cars in the same auction selling very well..
Maybe it's been discussed but any thoughts on this one? https://www.sanfranciscosportscars.com/used-vehicle-2000-ferrari-550-maranello-c-1342/ I've been thinking of trading my 993 c4s against it but on the fence.
I definitely remember that interior….. can’t remember if we covered it here or I saw it on the Hemings ad. For those miles (50k) and $160k that seems like “full retail”. I know MANY love Grigio Titanio but that and RC were low on my “desired color” list. Didn’t see the description mention of last belt service date?
