Market Prices 575 Manual vs 575 F1 (conversion costs) vs 550? | Page 19 | FerrariChat

Market Prices 575 Manual vs 575 F1 (conversion costs) vs 550?

Discussion in '456/550/575' started by Ferrari55whoa, Oct 2, 2020.

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  1. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    Eric
    #451 Ferrari55whoa, Nov 1, 2021
    @ajyiii nice to see you picked up this yellow 550....I'm definitely partial to the color. Hope that info I shared in the production 550 thread was helpful.
     
  2. ajyiii

    ajyiii Formula Junior
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    Andrew Y
    #452 ajyiii, Nov 2, 2021
    @Ferrari55whoa yes thank you for the info. Was never a yellow car guy but this one was worth it. REALLY nice car, great ownership and maintenance records and you can tell it was taken care of. The yellow in person does this car justice. I like it so much that this will be the first Fcar I do the Classiche process on.
     
  3. root

    root Formula Junior
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    #453 root, Nov 4, 2021
    I think you got a beautiful well maintained car at a discount. Congratulations.
     
  4. LorenzoOO

    LorenzoOO Formula Junior

    Sep 21, 2017
    787
    Italia, US NE
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    Lorenzo LaMattina
    #454 LorenzoOO, Nov 9, 2021
  5. LorenzoOO

    LorenzoOO Formula Junior

    Sep 21, 2017
    787
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    Lorenzo LaMattina
    #455 LorenzoOO, Nov 9, 2021
  6. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #456 Ferrari55whoa, Nov 9, 2021
    F456M likes this.
  7. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #457 Ferrari55whoa, Nov 9, 2021
    If there are not additional bids then it will be fascinating to see if it meets reserve at the $175k…..and if not then it would be even more interesting to know where the reserve is….;-)
     
  8. henryr

    henryr Two Time F1 World Champ
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    #458 henryr, Nov 9, 2021
    $45k premium for have it now?
     
  9. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #459 Ferrari55whoa, Nov 9, 2021
    I guess we will find out in a bit.

    someone just bid higher which is good.
     
    dhalperin13 likes this.
  10. dhalperin13

    dhalperin13 Karting

    Mar 26, 2021
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    #460 dhalperin13, Nov 9, 2021
    IMHO, current bid is still a bargain. Knowing what I have into my project (both $$,$$$ and time), I wouldn't be surprised if this trades at a similar level as a factory manual spec for a driver.
     
  11. dhalperin13

    dhalperin13 Karting

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    #461 dhalperin13, Nov 9, 2021
    I blame Comcast for the hammer not dropping at a $200k sale price.
     
  12. henryr

    henryr Two Time F1 World Champ
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    #462 henryr, Nov 9, 2021
    i recall that car being RNM at a mecum auction $117k or so.

    i wish i could list everything i own on BaT
     
    ShineKen and Ferrari55whoa like this.
  13. LorenzoOO

    LorenzoOO Formula Junior

    Sep 21, 2017
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    Lorenzo LaMattina
    #463 LorenzoOO, Nov 9, 2021
    It sold at $181,000. It had a lot of aftermarket parts on it and the dashboard color was changed from original to blue.


    Sent from my iPhone using FerrariChat
     
  14. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
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    Terry H Phillips
    #464 tazandjan, Nov 9, 2021
    Spend $30K on a 3 pedal 575M conversion and increase the value of an early 575M by around $80K. Not too bad.
     
    Ferrari55whoa and SteveVT like this.
  15. Joel Delman

    Joel Delman Karting

    May 4, 2021
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    #465 Joel Delman, Nov 9, 2021
    I believe this was the first 575 conversion on BAT? Definitely shows the value, this car without the conversion work would have sold for less than the conversion cost (~$45,000 from what I understand) IMO. Of course can't put a price on the time and hassle involved though.
     
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  16. dhalperin13

    dhalperin13 Karting

    Mar 26, 2021
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    Dan
    #466 dhalperin13, Nov 9, 2021
    Check out the driving video starting at around 20 seconds in...watch the shifter bounce around in 4th & 3rd gear...My understanding is that this a common issue with OEM V12 (456, 550, 575, 599) due to the linkage. EAG is developing a solution to resolve.

     
    Ferrari55whoa likes this.
  17. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #467 Ferrari55whoa, Nov 9, 2021
    I'll put a typical "recap here" and then perhaps more guys will comment in addition to those above.

    Do we know if the seller or buyer are F-chatters?

    I really liked this car but i'd be disingenuous if I said this wasn't higher than I thought it would go. I definitely think Dan's is even more desirable.

    SOLD for $181,000 on 11/9/21
    2002 575M CONVERTED F1 to 6MT ZFFBV55A220129483
    +) 23,383 miles and recent belt service and brand new Michelin pilot sport 4s.
    +) Argento Nurburgring over two tone natural and blue (not original to the car); two tone daytona style seats looked sharp -- aftermarket wheels and shields.
    +) FHP, Novitec-KW coilovers; Tubi-exhaust; leather covered roll bar; Alpine stereo; 10 owners
    +) Conversion by GTO Engineering of LA in 2017
    +) transaxle rebuilt in June 2020
    +) No stickies and the dash was redone in 2015
    +) I don't recall seeing notes on the clutch freshness - assume replaced with transaxle work in 2020?
    +) I actually like the color combo
    +) 129483
    +) Many places this has been discussed including https://www.ferrarichat.com/forum/threads/shes-back.573739/

    In an unrelated to this auction but in other BaT news, our friend @white out absolutely rang the register on the sale of his twin turbo Delorean build. Such a cool car and wow did it bring a trailer full of cash. https://bringatrailer.com/listing/1981-delorean-dmc-12-64/
     
    dhalperin13 likes this.
  18. LorenzoOO

    LorenzoOO Formula Junior

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    #468 LorenzoOO, Nov 9, 2021
    Wil DeGroot at Exoticar in NJ just finished manual conversions on a Superamerica and Two 599’s.


    Sent from my iPhone using FerrariChat
     
    SteveVT likes this.
  19. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #469 Ferrari55whoa, Nov 9, 2021
    Maybe we can get at least one of the guys here to talk about the 599 conversion (I am not joking when I say I bet it’s the cats a$$)

    p.s. you know who you are….share! ;-)
     
  20. SteveVT

    SteveVT Karting

    Nov 30, 2019
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    #470 SteveVT, Nov 9, 2021
    Lorenzo - this is interesting. We've all been following the EAG work, but wasn't aware of anyone on the East Coast doing conversions. Any additional info or insights you can share in terms of cost, timeline etc?
     
  21. Qksilver

    Qksilver F1 Rookie
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    #471 Qksilver, Nov 9, 2021
    T-17 hours. :)
     
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  22. Ffre92

    Ffre92 Formula Junior

    May 26, 2014
    606
    NY
    #472 Ffre92, Nov 9, 2021
    I never noticed such a pronounced bounce in mine, but there is a movement leading to a high frequency buzz in 3d and 4th. I just had motor and transmission mounts replaced with vast improvement, but hints of it still there. I hope EAG is successful with a fix!
     
  23. root

    root Formula Junior
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    #473 root, Nov 10, 2021
    Don't have anything like that in my 550, and didn't notice it in any of the 550s I test drove before buying mine.
     
    Graz likes this.
  24. NE550

    NE550 Formula Junior

    Mar 23, 2017
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    #474 NE550, Nov 10, 2021
    Shifter in my 550 is rock solid in all gears.
     
    Il Tifoso likes this.
  25. Skippr1999

    Skippr1999 F1 Rookie
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    #475 Skippr1999, Nov 11, 2021
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