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550 Maranello current price

Discussion in '456/550/575' started by J. Blake, Jun 20, 2020.

  1. J. Blake

    J. Blake Rookie

    Jan 21, 2012
    2
    I was offered $125,000 from a dealer for my 550 Maranello that has all records, 17,000 miles and has been well maintained. It has the Ferrari 3 piece wheels, Tubi exhaust, diamond leather, All books keys and covers.
    I am the second owner. I don’t want the trouble of selling it myself. Is this a good price for a consignment deal? It’s silver with black leather Interior and is in Southern California. They will list it in the mid 130’s.
     
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  2. flat_plane_eddie

    flat_plane_eddie F1 Rookie
    Silver Subscribed Owner

    Mar 30, 2013
    2,696
    Los Angeles
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    Eddie
    I haven’t followed the market that closely lately but that sounds like a pretty good offer from a dealer.

    Why not list it on BaT?
     
  3. NE550

    NE550 Karting
    Rossa Subscribed

    Mar 23, 2017
    184
    Omaha, NE
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    Dave
    #3 NE550, Jun 20, 2020
    Last edited: Jun 20, 2020
    Given today's market that sound darned reasonable, especially coming from a dealer. You could go through the hassle of a private sale and probably not do much better, if that.

    Sometimes dealers will surprise you. I sold my '13 Mustang Boss 302 last summer to Carvana. Their offer was within $500-700 of what I figured I'd ask for the car selling it myself. Easy decision.
     
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  4. J. Blake

    J. Blake Rookie

    Jan 21, 2012
    2
    Thanks, it sounded like a good no hassle deal. I have a busy schedule and really don’t have the time or patience to try to sell it on my own.
    They said they would send a transport truck to my house to pick it up. The dealership is named CNC, they are in Upland CA, they have a solid reputation.
     
    Texas Forever likes this.
  5. ag512bbi

    ag512bbi F1 Veteran
    Rossa Subscribed Owner

    Nov 8, 2003
    6,474
    So. Cal
    Full Name:
    Armen
    What year
     
  6. Robb

    Robb Moderator
    Moderator Owner Lifetime Rossa

    Feb 28, 2004
    11,926
    Mesa, Arizona
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    Robb Williamson
    That sounds like a very good number for you.

    Robb
     
  7. cgt000

    cgt000 Formula Junior
    Silver Subscribed

    May 2, 2014
    431
    NY
    Can you post a picture?
     
  8. ralfabco

    ralfabco Two Time F1 World Champ
    Lifetime Rossa

    Mar 1, 2002
    20,882
    Dixieland
    Full Name:
    Israel Beiteinu
    Some dealers offer a nice consignment package and will avoid mentioning your car to buyers. I remember a dealer who had a consignment car listed (not a 550) who clearly directed me away from the vehicle. Most likely the idea was the seller would eventually become fatigued with the car sitting around and would eventually take a below wholesale cash offer. Probably a good idea to give the dealer a fixed schedule to list the car by consignment.
     
  9. henryr

    henryr F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    17,294
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    list it here
     
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  10. Bas Jaski

    Bas Jaski Two Time F1 World Champ

    Mar 24, 2008
    29,626
    South Pacific
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    Bas
    higher than I expected.
     
  11. root

    root Karting
    Silver Subscribed

    Nov 28, 2012
    171
    Bay Area, Ca
    Hagerty shows good pick up in prices over the last 12 months.
     
  12. Themaven

    Themaven F1 Rookie
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    Nov 2, 2014
    3,168
    London
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    Darius
    It looks like a solid price. Bear in mind though that a consignment deal isn't a deal until there's a buyer. Until then, it's just a Ferrari for sale..and there are lots of those. And while they have it in their showroom, you won't be able to drive it.

    Many of us will know the feeling of having a car up for sale on consignment, sometimes for more than a year, with no sale. A Ferrari dealer here asked to put my gated 430 Spider up for a price I couldn't refuse. A year later it was still there so I took it back and drove it.
     
  13. tazandjan

    tazandjan Three Time F1 World Champ
    Owner Lifetime Rossa

    Jul 19, 2008
    31,810
    Clarksville, Tennessee
    Full Name:
    Terry H Phillips
    Affirmative, saying you were offered $125K for your 550 is a bit disingenuous. Like Darius said, you were actually offered an opportunity to have the dealer sell your 550 and if he gets a high enough price.....
     
  14. stardoc

    stardoc Formula Junior

    May 5, 2005
    646
    The big oven
    Full Name:
    K RA
    Just wondering on the wisdom of revealing dealer offer on the interwebs especially when the dealer and potential buyers are actively on this forum.
     
  15. root

    root Karting
    Silver Subscribed

    Nov 28, 2012
    171
    Bay Area, Ca
    #15 root, Jun 26, 2020
    Last edited: Jun 26, 2020
    Ferrari of San Francisco has a 2001 red/tan, 15k miles, Barchetta modulars. Asking $124k.
     
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  16. F11

    F11 Karting

    Aug 2, 2005
    173
    That one at Ferrari SF seems aggressively priced (for a dealer ask) relative to the “meh” examples that have been sitting on the market for the last 2 years at $125-135k.
     
  17. LARRYH

    LARRYH F1 Veteran
    Rossa Subscribed Owner

    Jun 3, 2011
    6,667
    virginia usa
    if it is a consignment forget it you would be better off selling it here .. I have sold several cars on Ferrarichat over the years and have found if the price is fair and the car is very nice.. it will sell sometimes extremely quick .....
     
  18. tres55

    tres55 Formula 3
    Rossa Subscribed

    Sep 18, 2012
    2,228
    Canada
    +1 on if they're buying it, goodbye 550.

    If consigning...don't waste your time IMO. List it here.
     
  19. Jda550911

    Jda550911 Rookie

    Jul 1, 2020
    3
    Florida
    Full Name:
    James Adams
    +1 or however many on this.

    I am by no means an expert but just picked up a 550 and have done a ton of research over the last month.

    With your miles, I think $130k it's possible for sure if the car is in above average condition. If it were me and the $125k is an outright sale to the dealer, I'd take that to avoid the hassle.
     
  20. stan996turbo

    stan996turbo Formula Junior

    Jun 11, 2004
    463
    Philadelphia
    Full Name:
    Stan
    #20 stan996turbo, Jul 1, 2020
    Last edited: Jul 1, 2020
    I think really clean, well serviced cars are scarce and will continue to be. Anyone looking for a 550 at this point is probably a true enthusiast and is looking for a long term keeper. I’ve had mine for 16 years and will never sell it, I just added other cars to compliment it. You may regret selling it and it sounds like it would be very difficult to replace. I added a 430 spider and a 675LT spider and I’m still drawn to the 550.
     
  21. stan996turbo

    stan996turbo Formula Junior

    Jun 11, 2004
    463
    Philadelphia
    Full Name:
    Stan
    If you decide to sell it I wouldn’t take less than $135k.
     

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