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

Danny- The Daytona seat cushions actually have a different configuration from the standard seats if you do a little research.

 

you’re absolutely right I didn’t do my research before commenting. I clearly didn’t see the difference in configuration you mentioned but didn’t detail. It’s not just an added strip of leather down the center of the inserts, some two tone design and some perforations. There’s a lot more I clearly didn’t see.
Wait, what’d I miss exactly? Image Unavailable, Please Login Image Unavailable, Please Login

 

Pretty easy to see the differences, but maybe only for older owners.

 

Yea my eyes must be shot from staring at screens all these years.

 

@Ferrari55whoa Hard to pinpoint specific reasons for price result vicissitudes between individual auctions spaced within a short timeframe. Different day, different car, slightly different bidder dynamics, stock market up or down, moon phase or whatever...who the heck knows for sure?

But, yes, pretty strong result on this one for what appeared to be a very nice mid-teen mile, well kept example. Strong overall market (still) + RC/black/decent spec + reasonable (enough) miles + excellent maintenance history/documentation + great presentation (BaT!) + several motivated bidders = great result.

 

Hagerty's July valuation for 2000 Maranello in no. 1 Concours condition is $250k, and $219k for no. 2 condition. Based on what an FCA judge who examined my car during the auction, my car would easily score Gold but if a handful of relatively minor cosmetic issues were addressed the car could attain Platinum level. Based on that I'd say my car's sale price of $230k (including auction fee) was in line with Hagety's valuation for a car in 1.5 condition. The $236k sale price of the 1997 Maranello that sold in May was $28k over Hagerty's May valuation for '97 Maranello in no.1 Concours condition. It is still $20k over the July no. 1 valuation for 1997 Maranello. I believe that's the vicissitude that could affect auction outcomes that @NE550 alluded to in his post above. Only valuation adjustment Hagerty has is significant deductions for lack of verifiable owner and service history.

 

I may be putting mine up for sale. Not 100% sure if I'll do it, but I wouldn't take any less than $110 or so. Too nice of a car. I think we should all stand our ground a bit on nice examples, similar to how Boxer owners just said, "No, I'm not selling my car for $80k!!" about a decade or so ago.

 

Is it? Hmm, I'll have to look at that.

2003
Black/Black
Shields Daytonas Leather shelf
19,xxx
F1
Major last October with new tires, no stickies though the steering column surround could use a refin. Leather is good but I'm going to have the very back near the brake light fixed because it has become a bit wavy

A few typical but in no way bad rock chips. If I hang onto it I'm going to do paint correction/detail/ceramic.

PS - rollover valves were done in '18

 

It's really gorgeous, I must say. Shields and Daytonas are a must for me, and I have a history of buying black cars. I LOVE black. I'm not one who looks for ultra low mileage cars because I want to drive and enjoy them and I really don't trust basement mileage 20 year old cars to be honest.

I'm toying with the idea of consolidating to a 993 (a really, really nice one) and having a little space in the garage which frankly I could use. Tired of storing cars offsite, too (out of sight, out of mind).

I also thought about only brooming my 997S and converting the 575 to manual, in which case I would likely NEVER sell it and could probably die at a ripe old age without ever buying another fun car, haha! Seems that's a pretty huge undertaking though, and I don't really want to send it out of state, wait months and months, etc.

 

Don’t wait if you want to convert. Genuine Parts are getting harder and harder to get. Otherwise you’ll be subject to sketchy facsimile.


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I had my shop check into it and apparently the ship has pretty much sailed already. Just not enough parts cars out there.

Predictably, the ECUs are a pretty big sticking point. I Think there is one more place my mech is going to try but he's not hopeful.

I guess if I sell everything I'm getting pretty close to a manual 575, but I wouldn't just go for any color or combo simply because of the tranny, it would have to right. For what it's worth, I have enjoyed the F1 MUCH more than I thought I would!

 

You’re right about the parts. The ECUs can be flashed.


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Do tell! After talking to the mechanic he seemed to think that was the biggest stumbling block. I had anticipated that so his opinion reinforced my negativity there.

Who's Trev? Not ECU Doctors by chance?

 

Wil DeGroot at Exoticars has a guy in England that does all the ICUs for him. 599s included.


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Yup ecus have always been the main issue with all conversions (360, 430, 575, 612 & 599) and @360trev is the genius who has solved it. Literally every shop doing conversions is using his solution. The most hilarious was the EAG video on YouTube about how they could not get Scuderia mannetino to work post conversion but with persistence and grit they solved it . In reality it was trev who solved it and EAG just used his solution as plug and play.

 

Also all the brouhaha over original parts not being available so no more conversion possible is much ado about nothing. Its manual transmission for crying out loud not a jet engine for a rocket. With CAD, CNC and 3-D printing there are thousands of shops around the world that can produce these parts and probably 10x better than the originals. I believe @brogenville has already created CAD models of most of the parts needed. Also regarding original from factory vs improved later debate, here is an interesting one for all you factory is always the final authority folks. The 599 manual shifting ECU came with faulty programming from the factory (read all the treads here on FChat regarding shifting in original manual 599s), which @360trev has identified and fixed. Which one will you have, the factory faulty one or the one that has been fixed by trev? Similarly, wanna keep buying the 550 plenum hose or the 550 original shocks or 550 engine mounts? Of course, I am not talking about ricing out a Ferrari but if someone comes up with a better shifting mechanism that sits inside a closed box which no-one except the mechanic sees then it makes sense to me to go for it, especially on a non-limited Ferrari.

 

I've actually been thinking the same thing - surely someone can fab this $&^t.

I'm not opposed to better than stock, EVER. Perhaps brogenville can chime in?