Market Prices 575 Manual vs 575 F1 (conversion costs) vs 550? | Page 87 | FerrariChat

Market Prices 575 Manual vs 575 F1 (conversion costs) vs 550?

Discussion in '456/550/575' started by Ferrari55whoa, Oct 2, 2020.

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  1. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Dec 21, 2005
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    Since the miles are so low…. I can’t imagine it will go under $120 if it does then anything under is a strong buy from my perspective.

    I’d rather have a 25k mile car for under $100k

    that car should go to somebody that’s just gonna put it in their garage and look at it and keep it under 5000 miles for investment purposes

    given the options and and super low miles skies the limit for that car
     
  2. Big Swole

    Big Swole Karting

    Jun 20, 2020
    232
    Metro Atlanta Area
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    David

    That's what I'm afraid of really. Since I'll want to put miles on it and not let it just be a garage queen, the 25k miles car would make better since.

    However, being close by so no shipping cost, my favorite color of Silver, recent work done, and F1 I am hoping maybe it'll still be a decent shot.

    We'll see. I'll keep my eyes open for another "driver" to come up too though.
     
  3. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Dec 21, 2005
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    If you are in the greater Atlanta area or in Georgia rather and it’s a private sale to a private person do you also avoid sales tax?
     
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  4. mrp_e

    mrp_e Formula Junior

    Dec 19, 2003
    988
    Coasts
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    Bill
    I'd at least go look since you're close.
     
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  5. Big Swole

    Big Swole Karting

    Jun 20, 2020
    232
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    David
    I hope so. That's what happened with my 308. I think the State charged me $1.60 tax... lol
    Of course this one is only 21 years old, so I can't remember if it was 20 years and older or 25.
    The state still collects tax on private sales of vehicles, but how old they are matter too. They also don't charge for special models. Like if I were to buy a C5 ZO6, they just charge for a basic value of a C5 Vette. Older classics don't have much tax at all I don't think.

    Definitely going to see it tmrw.
     
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  6. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Fingers crossed for you — but if feels like there are nearly no “deals” on BaT.
     
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  7. wrgray68

    wrgray68 Karting
    Rossa Subscribed

    Sep 5, 2014
    193
    Kansas
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    Walker Gray
    The FHP and modulars are the big pull on this one. Those should command a premium on their own. And then you have the low miles. Mine is the same color. Absolutely beautiful to look at in all lights.
     
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  8. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
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    Looks lovely. Has subjectively important FHP and modular wheel options with post-steering position sensor VIN. I would lose the Tubi but otherwise great car.
     
  9. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,054
    Clarksville, Tennessee
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    Terry H Phillips
    Looks very nice and FHP is rare on US 575Ms, especially late ones like this.
     

    Attached Files:

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  10. Chupacabra

    Chupacabra F1 Rookie
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    Sep 30, 2005
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    Yep, nice looking car. The miles scare the $#%@ outta me, for ALL the reasons…BUT - if you want a nice one, want to keep it nice but use it, don’t care about depreciation and the service is all there, heck…go for it. I’d make sure the ball joints, motor/trans mounts are good, IIRC the recent service included rollover valves, and that’s a very good thing if so.

    Honestly, a 25,000 mile car is probably a better choice as far as mission is concerned, but this one checks a lot of boxes
     
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  11. Big Swole

    Big Swole Karting

    Jun 20, 2020
    232
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    David
    Thanks for all the help / advice folks! Let's see how it ends up.
    Like said, might be too high for a driver's car but I do love the color / spec for sure.
     
  12. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    I was hunting hard for the one single white 575 SA with HGTC and @Qksilver found it for me and it also has basically no miles and the dealer wants a fortune.

    It can be frustrating when the fully spec’d cars are garage queens
     
  13. Auraraptor

    Auraraptor F1 World Champ
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    Sep 25, 2002
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    When I was looking I prioritized upkeep/maintenance and options that are not easily retrofitted. Tragic as would have loved a different color than black but glad I did.
     
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  14. Big Swole

    Big Swole Karting

    Jun 20, 2020
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    The car was Very nice and looked as nice as presented. Seller seems to be a Ferrari guy and has / had others.

    Let’s see what happens.
     
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  15. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Physically how did the fit feel?
     
  16. Chupacabra

    Chupacabra F1 Rookie
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    There is nothing tragic about a black Maranello. Scientifically proven to be the meanest yet classiest shade. Tough feat, that.
     
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  17. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    @Qksilver and @dhalperin13 have "it" figured out with manual black 575's! Perhaps the black 575 w Fabio set up is the "cool kids" club!
     
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  18. Mirek

    Mirek Formula 3
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    I would agree with that 100%
     
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  19. Big Swole

    Big Swole Karting

    Jun 20, 2020
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    He had many appointments for today and in a day or two. PPI.
    I didn't get to drive it unfortunately. I understand because if he lets everyone, miles will go up quick.
    He did take me around his neighborhood in it. Sounds great, felt tight, clutch action seems nice.

    I did take a little bit of video. I can put it together on YT later or in the AM. Came home and have been feeling
    like crap all day progressively. 100.7 Temp. and horrible pain on in my throat on right side lymph node.

    Hope it's not a "Sign".
     
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  20. Chupacabra

    Chupacabra F1 Rookie
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    If you guys were in the car together for any appreciable amount of time with the windows up, my prediction is you will have some company for your misery soon.

    (Maybe that will prevent any additional appointments :)
     
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  21. Auraraptor

    Auraraptor F1 World Champ
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    Ugh GLWS
     
  22. Chupacabra

    Chupacabra F1 Rookie
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  23. Qksilver

    Qksilver F1 Rookie
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    Feb 11, 2005
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  24. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    A few of us had been texting this weekend about how not uncommon it is to see a car bounce between the auction sites.

    As an example….this Porsche Turbo
    https://carsandbids.com/auctions/KYjyladw/2001-porsche-911-turbo-coupe

    This car was
    1/8/25 BaT at $60k
    Then
    1/14 Pcar at $56k
    Then
    2/21 C&B at $48k

    What could the seller possibly be thinking the outcome would be.

    Here is a FERRARI 550 (getting to the point) that @henryr and I had messaged about earlier today….

    last week it was RNM at $195k on C&B
    https://carsandbids.com/search/ferrari/550?ss_id=c2b6fcd3-e066-4346-b0f0-e4dfdcbb45cb

    You would have thought seller would take that….but has now gone to pcar

    https://www.pcarmarket.com/auction/2000-ferrari-550-maranello-1/

    Once the current Auction ends I’ll do a quick summary of the car and the 2nd result….

    ps I purposefully left the vin out of this so as to not show up on a search before the current auction ends….this is just for us peanut gallery guys….
     
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  25. Chupacabra

    Chupacabra F1 Rookie
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    Sheesh…not taking $195 is nuts. Everyone should know by now that a BAT result typically represents all the money.

    Also, being a 996 turbo owner…people are weird about appearance mods, deep dish wheels, etc. and rightly so; the lower price point exposes them to a much larger pool of buyers, some of whom are not wonderful caretakers. Plus, it’s silver so THE most common color I believe. $63k with fees is a good result for that all things considered.
     
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