550 just sold for only $95k on BaT! | FerrariChat
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550 just sold for only $95k on BaT!

Discussion in '456/550/575' started by 550orm5, May 10, 2017.

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  1. 550orm5

    550orm5 Rookie

    May 15, 2005
    45
    Denver
    Full Name:
    Peter
    #1 550orm5, May 10, 2017
    This auction site really pushes sellers to lower their reserves on cars (so they can earn their commission if a car sells, they get nothing if it doesn't meet reserve). This was very true on this auction that ended today. Buyer won for sure.

    2000 Ferrari 550 Maranello | Bring a Trailer
     
  2. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,256
    #2 ttforcefed, May 10, 2017
    how was a 2000 model year imported into the USA in the year 2000? not kosher right?
     
  3. 550orm5

    550orm5 Rookie

    May 15, 2005
    45
    Denver
    Full Name:
    Peter
    #3 550orm5, May 10, 2017
    Ttforcefed - I still don't understand how 550/575 European cars like this stack up against USA Ferraris of the same model.

    Sent from my SM-G935V using Tapatalk
     
  4. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    19,256
    #4 ttforcefed, May 10, 2017
    in the USA the EU cars trade at a discount for sure - my question remains - how did someone bring in a 2000 MY car in 2000. Doest make sense.
     
  5. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    #5 Texas Forever, May 10, 2017
    Back in the day, a euro car traded for $10k to $20k less. Today, if the car has been federalized, who cares?
     
  6. fatbillybob

    fatbillybob Two Time F1 World Champ
    Consultant Owner

    Aug 10, 2002
    28,992
    socal
    #6 fatbillybob, May 10, 2017
    I owned one that was also argento. They get federalized by one of the few shops that do it. That's all. They sell at a discount because of the 1980's gray market stigma that just won't die. IMO the non-usa cars are better! I owned 2 gray Ferraris and they are bettr than the 4 other USA Ferraris I have owned. I owned a gray and USA 550 at the same time and still own the USA 550. The graymarket one was better.
     
  7. 550orm5

    550orm5 Rookie

    May 15, 2005
    45
    Denver
    Full Name:
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    #7 550orm5, May 10, 2017
    Nice fatbillybob! And I agree texasforever.

    My Porsche is for sale on there...this wasn't going to be an ad for it, because the auction ends in a few hours. But here she is, check out the most beautiful paint job you have ever seen!!!! http://bringatrailer.com/listing/1980-porsche-911sc-3/

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  8. dsd

    dsd F1 Rookie
    Owner Silver Subscribed

    Nov 19, 2006
    4,271
    Northern Virginia
    #8 dsd, May 11, 2017
    They were fedarealized. There was even a big lawsuit brought by Ferrari against one of the companies doing the conversion (Amerispec(?)). Amerispec won. It had a huge impact on all imports.

    Basically, in 2000, not only was a 550 cheaper in Europe, they were available. You could buy a new 550,import, and federalize it, for less than a market value 550.
     

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