575 manual conversion enhance or detract from value?

I wouldn’t hesitate to buy an F1 575M but I wouldn’t touch a manual conversion…even if done by professionals, but that’s just me. Too many ways a conversion can go wrong.

If you want a stick-shift car just buy one, don’t make one.

Alan
N.J.

 

I think a very large number of potential buyers will feel the same.

 

On a mint low miles car like that its not an economical sensible thing to do, manuals are drivers cars, better off if that's what you want is to sell this and buy a high miler to convert and put some miles on instead.

The market will soon become saturated with converted cars.

 

Can you please explain why manual cars are drivers' cars? Aren't 575M with F1 drivers' cars? For me they are equally good. Just different from each other. If I was a successful business man in 2003 and could afford a 575M Maranello and use it daily like it was intended for, I would certainly have an F1 because of comfort and not need to shift all the time. If you sit in stop and go traffic for an houre, the 550 manual clutch is not exactly comfortable. But during normal speeds and driving, it is a joy and works perfect.

 

I doubt it, depending on your definition of saturated. It ain’t exactly cheap, OEM parts are hard to come by, and the shops doing conversions with their own parts aren’t really churning them out from what I can tell.

 

Really not a good idea

 

It's called a 550 - google it!

 

Owners are converting them in order to appreciate the feel of a manual, not just so they can stay in the garage and simply be polished as this one seems to have, they do not spend $30k plus just to look at the gated shifter

 

Soon there will be more extra gated 575s on the road than have existed in the last 20 years! and that number will just keep growing.

 

This is absolutely true. I am enjoying mine waaaaay more since I converted it.

The other thing to note is this: keep the old parts and spend the $ for extra ECUs. If you or someone else wants to go back to F1, the option is there. It’s really not major surgery. I personally doubt the F1 will ever be so desirable that it overtakes the value of a well-done conversion.

It’s most likely a question of the right buyer in the future. I have no doubt there will be some people who aren’t spooked and seek them out. A middle ground between F1 and a factory manual…and no, mine is not for sale

 

My guess it is 50/50. To some, it will devalue the car because it is non-original. To others it will add value, because it is an enhancement. Just depenmds who is in the market for it when you want to sell (if you ever do).

It is most unlikely to add value equal to the cost of conversion, let alone put it on a par with an original manual 575 (unless you are a good forger).

Play it safe: use the money to exchange it for a 550.

 

That all depends on who you’re working with and how well you can manage the cost of the project

Edit: the first part, not the second. Haha!

 

There were a few converted cars for sale at Ferrari stores not long ago; no idea what they sold for but I know the asks were up there.

Didn’t a YouTuber just sell his EAG- converted car recently? I think he was asking $180k, but again, not sure about final agreed price.

 

What do you base that opinion on?

 

Simple maths! more and more are hitting the streets every day unlike the very few originals. It is only a matter of time, there are no restrictions on supply of conversion kits or F1 cars to convert.

 

There are most certainly restrictions.

 

Such as?

 

No restrictions assuming EAG stays in business. They have a LOT of equipment and R&D to pay for so it’s in their best interest to sell as many kits as they can.

 

Well…

availability of OEM parts is not getting any better and will not get any better. Especially now that the original manual cars are becoming more valuable, ergo less likely to be involved in an accident. It will still happen, but the severity of any incursions will be highly variable. So many will simply be rebuilt.

Ferrari owners are a cantankerous but (mostly) friendly bunch. So you’re bound to have a lot of folks like me who are obsessive about it and will only go OEM in an effort to achieve as close to the genuine article as possible. I’ve said before - I do not mean to disparage other methods, but it’s not for me. After looking into it, if aftermarket had been my only play, I’d have stuck with F1. I can’t do cables in a car that should be a linkage, for instance.

Again, not to disparage, but after seeing some of the issues and wait times associated with aftermarket, I think there’s a pretty big limitation there.

The cost I’ve seen for some of these conversions are pretty ghastly as well.

That’s what comes to mind.

 

There are what seem to be many challenges with the aftermarket (agreed). Texas is doing shaft not cable for 575 (as I understand it - at least super car Dan and our fchat friend @dhalperin13 both have/had shaft not cable).

Only makes sense to convert a personal car for a long term hold or a driver quality car as a collector won’t want anything other than a low mile original.

 

I agree. A good conversion will be worth what it’s worth to the right enthusiast, not to a collector. I personally don’t get collecting and don’t care what collectors think. Driving? Yes. Oh, yes.

 

Detracts from value, very simple

 

So you think a properly converted manual will sell for less than an F1?

Doubtful.