Its offical I am a 550 owner

Discussion in '456/550/575' started by Hunters360, Oct 4, 2006.

  1. Hunters360

    Hunters360 Formula Junior

    Nov 18, 2004
    Full Name:
    James Wardwell
    Its Official New 550 owner here....beautiful 2000 TDF Blue Cuio w/ blue piping. Tubi....All test are excellant.....Next question the dealer offered me a 1 year power warranty for $3500..what are your the way pics to come when I take delivery next wed.( slow down light comes on..some sort of resistor so they are fixing it along with some releathering from shrinkage) My only thoughts at this point is why are there so many out there with 3-5k on them this is a drivers car. drive it!!!!
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  3. Jdahlstrom

    Jdahlstrom Formula 3
    Silver Subscribed

    Feb 28, 2005
    Miami, Fl
    Full Name:
    Josh Dahlstrom
    Congrats on the buy.
  4. Zegna

    Zegna Formula Junior

    Apr 14, 2006
    North America
    Full Name:
    Fantastic. Congratulations on the purchase. TdF Blue on the 550 must be gorgeous.

    Btw, let's keep it that way (people keeping them in 3-5K miles), until I have one myself. Hahaha.

    But in all respect, I agree with you. These cars should be driven as much as possible. Especially GT models like the 550.
  5. Modificata

    Modificata F1 Rookie
    Silver Subscribed

    Apr 27, 2003
    Hampton, England
    Full Name:
    Andy Rasool
    COngrats mate. My advice is take the warrenty. Things do go wrong with these cars!
  6. teachdna

    teachdna Formula Junior

    Sep 1, 2001
    Full Name:
    Jeffrey Robbins
    Welcome to the 550 club and congrats. Read the fine print of the extended warrantee VERY carefully. If it covers things like the drivetrain, engine, electrical, etc., then go for it. But look at the excluded items. Many of these things are not worth the paper they're written on. Also check out the financial health of the company offering the warrantee- some are fly-by-night operations and go belly up. These things are very large profit items fro the dealer and you might do better looking on the market yourself for a policy.

    Have fun!
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  8. Hunters360

    Hunters360 Formula Junior

    Nov 18, 2004
    Full Name:
    James Wardwell
    This is a ferrari policy...offered at the Ferrari dealership It is directly through FNA (Ferrari North America)
  9. vandevanterSH

    vandevanterSH Formula Junior

    Jan 27, 2005
    Full Name:
    Stephen Van Devanter
    Take the warranty..if you don't do it now, the dealer will need to do another inspection ~800-900$. I have a 575 with extended warranty and have used it without problems. A 2000 car will be a power train plus which covers engine and trans. to me $3500 is cheap for the peace of mind, especially if you know how much an engine or tranny problem would cost. The power train plus warranty can be continued out to 2012 for your car.
  10. Texas Forever

    Texas Forever Four Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    Major congratulations! A 550 has got to be one of the best deals on the market today. Your license might suffer, but you'll dig it.


    PS Get the extended warranty. I did.
  11. nerd

    nerd F1 Rookie

    Oct 12, 2003
    Southwest Airlines
    Full Name:
    Congratulations on the 550!

    The warranty will buy peace of mind and now is the time do it (after the dealer has done the major and the inspection), but the great news is that 550's don't typically see failures which demand the coverage. I too had irrational fears about cracked heads, transmission failures, etc leading to $25K bills.........but they simply don't occur with any frequency.
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  13. GCalo

    GCalo F1 Veteran

    Sep 15, 2004
    Northern California
    Full Name:
    Greg Calo

    1) congradulations-sounds like a beautiful car
    2) post pictures
    3) save the $3,500.00
  14. jungathart

    jungathart Guest

    Jun 11, 2004
    NoVA, AmeriKa
    Full Name:
    Komrade Jung

    My guess is that if FNA is offering the warranty...then you don't need it. Spend the 3.5K on lots of premium fuel instead. That you'll need.;)
  15. Bart

    Bart Formula 3

    Nov 1, 2003
    Orange County, Calif
    Full Name:
    Heck, I have 64,000 miles on my 550. I have had no problems with the power train. The throttle cable just broke and cost me $300 to fix. The track has not seen the Maranello but I do sometimes drive it about 75% to its limit.

    My only problem right now is the right window does not like to go up. It requires a little help from me.

    Congratulations on a wise choice of a car. Drive it with great pleasure.


    12 cylinders or walk

    FERRARI NOS 1 Rookie

    Oct 3, 2006
    Congratulations seems to be a nice example also!
  17. SamBoler

    SamBoler Karting

    Jul 28, 2005
    Congrats on the car

    Did you get the car from Ferrari New England?
  18. Cielo

    Cielo Karting

    Feb 3, 2005
    Austin, Texas
    Full Name:
    other than the cost of repairs, the 550s are really the exotic car value in the market right now. But all of the out of warranty exotics are expensive to keep running. Part of the fun (I keep telling myself). But think about all the depreciation you didn't have to suffer!!!!

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