good price for a 2003 575 f1 | FerrariChat
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good price for a 2003 575 f1

Discussion in '456/550/575' started by scycle2020, May 25, 2005.

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  1. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac
    #1 scycle2020, May 25, 2005
    my cousin has found a 2003 575 with f1, upgraded wheels, sport seats, and 10k miles, silver, for 164,000$$$ with a dealer one year warranty thrown in...is this a good price?? the car has a clean ppi....any issues with late model 575s??? this will be used as an everyday car....thanks for your help
     
  2. VicG

    VicG Karting

    Feb 5, 2005
    115
    Fairfax County, VA
    Full Name:
    Vic
    #2 VicG, May 26, 2005
    Sounds like a very good price, although you didn't mention whether it has had a recent major. Since you mention the warranty, I assume that the deal is through an authorized Ferrari dealer. Would you mind sharing which one?
     
  3. Neal K.

    Neal K. Karting

    May 9, 2005
    161
    Clarence, N.Y.
    Full Name:
    Neal
    #3 Neal K., May 26, 2005
    An excellent price! Making me wonder,
    however, if there are any issues with this
    575M Maranello not mentioned in your thread.
     
  4. gougoul

    gougoul Formula 3

    Nov 25, 2004
    1,305
    Geneva, Switzerland
    #4 gougoul, May 26, 2005
    Anyway, i could never get used to the F1 tranny....

    Maybe i'm -already- too old ?
     
  5. Carnut

    Carnut F1 Rookie

    Nov 3, 2003
    3,797
    Gladwyne PA
    Full Name:
    Morrie
    #5 Carnut, May 26, 2005
    I'd say that's sounds to good to be true thats below that dealers a buying these cars for, plus the warranty costs them between 2 and 3K. Sounds a bit off to me.
     
  6. Neal K.

    Neal K. Karting

    May 9, 2005
    161
    Clarence, N.Y.
    Full Name:
    Neal
    #6 Neal K., May 26, 2005
    I am agreeing with everyone this morning.
    Must be the nice weather here in the Northeast
    U.S.
    1.) Sounds too good to be true (the price of
    this 575M).

    2.) I am a manual-shifter, truly, and would be
    prone to miss it if behind the wheel of an F1 paddle,
    methinks.
     
  7. Carnut

    Carnut F1 Rookie

    Nov 3, 2003
    3,797
    Gladwyne PA
    Full Name:
    Morrie
    #7 Carnut, May 26, 2005
    Neal, you want to send some of that good weather down here, we have not had any this week. I gear shift man myself, but I a like the F1 in my 575, but then I do still have a gear shift at home.
     
  8. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac
    #8 scycle2020, May 26, 2005
    he told me the car is perfect,no issues....this is an authorized ferrari dealership out west....he was told the dealership was selling him the car for 5k over what they paid in trade in.....he has bought cars from them in the past and serviced his 512tr there....i will check with him to give the name fo dealership after the deal is finalized , possibly today...he wanted the f1 for something different from his 512tr and the car may get 8-10k miles a year as a daily driver....i know the 360 and 355 market well but not the 550 575 so i wasnt aware that this is good price..thanks for theimput
     
  9. PCH

    PCH F1 Rookie

    Apr 7, 2004
    3,007
    #9 PCH, May 26, 2005
    Agree. At 164K that's about what dealers are paying for an '02 575 w/4K miles. I believe a '03 w/10K would fetch at least 175+ from a dealer.
     
  10. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
    3,477
    potomac
    #10 scycle2020, May 26, 2005
    wow, are you sure drew....if thats the case, then he got a hell of a deal....he told me the car was listed at 185k on the window....he also said that his sale person, who he has dealt with for over 10 years showed in buy and sell invoices from recent 550 and 575s and that the dealer usually only made 5k on each transaction...this seems very low to me....i would think a large f car dealership would like to make at least 10k per car if not a little more...i know that some car broker will find a car for you for 5k but they dont haave any overhead....
     

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