Hi Folks, I'm a Ferrari virgin and have spent the last few weeks raping your archives and trying to leech as much information as possible. I'm thinking seriously about going for a 550M and, based on my lack of knowledge with all things Ferrari, I've decided to buy from a main dealer - I hope that isn't frowned upon here? I'll load up the questions as I go along, the archives have answered most of my questions anyway. Meanwhile, can someone tell me the relative value of this car: http://www.ferrari.co.uk/frameworks/locator/details.asp?VehicleID=1947 It appears to be on the high end of 550's, but it's a late model, 2001 and the bodywork appears to be in good condition with a FFSH. I'm normally the kind of person who has a high turnaround of cars, changing them every 6-9 months. I've normally bought with my head so I've not been burnt yet. But this is a Ferrari! Can anyone project a value of this car now and also in, say, 6 months time. You should consider the 575 and also the forthcoming 600. Cheers! Cem
Hi Cem, wonder what Sean will think That's got someway to go in terms of depreciation, why not buy an earlier one with all the depreciation taken out of it @ £60k. www.verdiferrari.biz have a couple, and they are held in very high regard here. They've had the black one for months, so I suspect they would take low to mid £50s for it...
Expect to lose at least £15-20k in 6-9 months on that car, from a main dealer, mainly because of their margin. I speak with some authority having bought a 355 from MSL and know what the trade-in value is now, less than 1 yr later. I agree with Noony- buy an older one for around £60-65k, ideally privately. Nice car, that one though... Robert.
