Has anyone bought a 550 in the last year? | FerrariChat

Has anyone bought a 550 in the last year?

Discussion in '456/550/575' started by 1taliantrash, Feb 26, 2018.

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  1. 1taliantrash

    1taliantrash Karting
    BANNED

    Dec 30, 2017
    90
    It seems like sellers are slightly delusional. I see cars listed for $120k+ just sitting. The dashes are peeling up, the cars have been maintained, but nobody is buying these cars. What did you pay if you bought in the last year, wheres the market at? I see these trading hands below $80k in world markets, why are US sellers so high priced?
     
  2. kscarguy

    kscarguy Rookie

    Jul 27, 2009
    1
    I would like to get my hands on one but your right the prices for these right now seem high ( but than again i'm a rookie when it comes to 550 pricing)
     
  3. Canuck550

    Canuck550 Formula Junior

    Sep 8, 2015
    462
    Incognito
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    RJA
    I would like to see one trading below $80 USD in world markets....
     
    Natkingcolebasket69 likes this.
  4. scowman

    scowman F1 Rookie

    Mar 25, 2014
    2,510
    Scottsdale AZ
    Full Name:
    Stu Boogie
    Wouldn't we all....
     
  5. 1taliantrash

    1taliantrash Karting
    BANNED

    Dec 30, 2017
    90
    Easy to find online. Good thing for you since you're in Canada, you could import one and be all in under $90k USD. I'll help ya if you want. Know of a TDF blue on tan and a dark blue on that dark tan everyone loves both under 80.
     
  6. 1taliantrash

    1taliantrash Karting
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    Dec 30, 2017
    90
    Bas and F456M like this.
  7. Canuck550

    Canuck550 Formula Junior

    Sep 8, 2015
    462
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    RJA
    Do you have a link, showing a few at $80K?
     
  8. 1taliantrash

    1taliantrash Karting
    BANNED

    Dec 30, 2017
    90
    I do, but am not really interested in providing them to the general Fchat public here in case I want to buy them myself or for someone I know soon.
     
  9. Canuck550

    Canuck550 Formula Junior

    Sep 8, 2015
    462
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    Thought So.... And BTW the TDF you posted was a Eurospec car..
    Keep on trolling
     
  10. 1taliantrash

    1taliantrash Karting
    BANNED

    Dec 30, 2017
    90
    Did ya miss that one?
     
  11. bergxu

    bergxu Formula 3

    Aug 16, 2005
    1,305
    OnTheSerpentMound
    Full Name:
    Aaron
    The only 550 that I have seen under $80,000 in the past year was a salvage title car which was priced at $65,000. Granted, that particular car had been very well sorted out by its owner and was perfectly usable but I was a bit gun-shy at dropping that kind of coin on a car with a branded title


    Sent from my iPhone using FerrariChat.com mobile app
     
  12. F355 Fan 82

    F355 Fan 82 F1 Veteran

    Jul 22, 2006
    9,063
    Well a 575, a nice Red one, F1 system, nice wheels is on BAT right now already up to $110k + $5000 to BAT with 1 day to go. So $120k 550 sounds like a deal. The car is 20 years old, most guys who want a 550/575 already have one, the ones you're seeing now obviously aren't going to be flying off the shelves there just aren't tons of buyers. BAT tried a gray one and a silver 575 and bids ended at $84k and $86. The red one now is $110K with a day to go. So I think color and condition matter more than anything else. When you look around, very few red 550 cars are for sale. The red ones seem to sell faster in both maranello styles.
     
  13. JayEff

    JayEff Karting

    Aug 8, 2017
    212
    Michigan
    Full Name:
    John
    There was a nice 550 on e bay recently that didn't make reserve at 64k, and the seller has lowered the reserve, but not to 64.So it will most likely go up again. Also there is a 599 for sale on long island for an asking price of 119, so whatever.
     
  14. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,093
    Menlo Park, CA
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    Paul Chua
    Just like anything else, just a function of supply and demand. It is true you can get cars much cheaper worldwide. like this 575 for only 75K USD but getting a proper inspection and then getting it shipped here promptly is not the easiest thing to do, but I'm sure you already know it can be done, especially if you have the right contacts.
     
  15. Canuck550

    Canuck550 Formula Junior

    Sep 8, 2015
    462
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    RJA
    There is a 25 year rule in the usa as it will need to federalize, $$$, really like to Ferrari hood decal and its $85K usd, with fx and fees, in the UAE no less...good luck with that!
    Give em a call and lets see if it been hit, sunburn or sand infested due to the environment.
     
    paulchua likes this.
  16. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
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    Exactly, it's not the easiest thing to do. I've heard many horror stories of import worse, heck a whole movie was based on it. '1italiantrash' ' however seems to have extensive experience in this area. He might be gracious enough to share his knowledge. But as he said, it will lower his profit potential, so the OP may have just been an exercise in onaism.
     
    Canuck550 likes this.
  17. Canuck550

    Canuck550 Formula Junior

    Sep 8, 2015
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    Yeah I knew he was a troll as soon as he mentioned I was lucky located in Canada and can import one for $90 USD....
    Has zero knowledge of fx factors and the significantly devalued Canuck buck vs global currencies
     
    tres55 and paulchua like this.
  18. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
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    A troll on fchat? No way.
     
    JayEff likes this.
  19. BarryK

    BarryK Formula 3

    Dec 17, 2016
    1,160
    Europe
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    Barry K
    FWIW, I bought a mostly clean 25k mile 550 in the UK last summer for just over £100k. Now there are a couple of similar cars advertised around £90-95k.

    $90k USD would be amazing for a properly sorted 550, but I am guessing an element of wishful thinking involved here.
     
    paulchua likes this.
  20. tres55

    tres55 F1 Rookie
    Rossa Subscribed

    Sep 18, 2012
    3,496
    Canada
    As a Canadian who searched the world for his 550, I'd love to see you find and execute the purchase of one for under $120k CAD landed, after forex conversion, taxes, duties, shipping (local and international), brokerage, inspections, licensing, etc.
     
    Canuck550 and paulchua like this.
  21. crete 08 430 00 550

    Oct 8, 2016
    46
    Los Angeles
    Full Name:
    Charles
    i bought in nov 2016 , found a red , black , shields and unmolested for 160 K . needed a few 550 known items . I have a blast everytime i take it out around the back side of the hill. I found what i wanted . These cars in good cond. should be getting window sticker IMO . Good luck bargain hunters. :)
     
  22. JayEff

    JayEff Karting

    Aug 8, 2017
    212
    Michigan
    Full Name:
    John
    There is the occasional true bargain, but mostly it's buyer beware and if you are lucky enough to be in the right place a the right time, good for you.
     
  23. 1taliantrash

    1taliantrash Karting
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    Dec 30, 2017
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    Having imported over dozens of cars to both US and Canada, I'm actually well aware of everything involved. Including the worthlessness of the loonie. But that doesn't jive well with your troll thesis so maybe best we just carry along like I'm not an expert at importing cars. And tres55, it's possible and if you look at Canadian Ferrari dealerships you'll see an awful lot of euro spec stock. You think they were imported because they were the same price as local cars? You do know why a dealership is in business right?
    I know you're only Ferrari owners but act a little smarter or at least be open to learning something. Doesn't bode well for your life to be ignorant.
     
  24. 19633500GT

    19633500GT F1 World Champ
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    Nov 9, 2010
    12,019
    Blueberry
    Full Name:
    Muffin-Tops
    What's your website?
     

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