Market Prices 575 Manual vs 575 F1 (conversion costs) vs 550? | Page 88 | FerrariChat
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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. henryr

    henryr Two Time F1 World Champ
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    #2176 henryr, Feb 24, 2025
    ^^ that is true

    some of these BAT dealers are buying cars right out of the manheim auction in flipping them to BAT for some nice $$$$$
     
    vraa and Ferrari55whoa like this.
  2. Chupacabra

    Chupacabra F1 Rookie
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    #2177 Chupacabra, Feb 24, 2025
    Ok, your car has me rethinking my dislike of the Modulars. They look good against the black
     
  3. Chupacabra

    Chupacabra F1 Rookie
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    #2178 Chupacabra, Feb 24, 2025
    I would call it immoral, but this is the car business after all. It’s like people actually enjoy paying more on BAT.
     
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  4. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #2179 Ferrari55whoa, Feb 24, 2025
    Bragging rights ;-)
     
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  5. Chupacabra

    Chupacabra F1 Rookie
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    #2180 Chupacabra, Feb 24, 2025
    Some things I just could not brag about…
     
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  6. Big Swole

    Big Swole Karting

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    #2181 Big Swole, Feb 24, 2025
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  7. henryr

    henryr Two Time F1 World Champ
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    #2182 henryr, Feb 25, 2025
    there was one dealer i followed before i got kicked off manheim. he sells modern luxury stuff. i could find the cars pretty easily on the sales history. mercedes wagons and range rovers .... huge spreads
     
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  8. lince

    lince Karting

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    #2183 lince, Feb 25, 2025
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  9. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #2184 Ferrari55whoa, Feb 25, 2025
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  10. F456M

    F456M F1 Rookie

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    #2185 F456M, Feb 25, 2025
    Agree 100%
     
  11. Chupacabra

    Chupacabra F1 Rookie
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    #2186 Chupacabra, Feb 25, 2025
    No lie, that thing needs an Italian tuneup…after a thorough going-through of course.

    Factory stick, late build, FHP, modulars…sheesh
     
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  12. dhalperin13

    dhalperin13 Karting

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    #2187 dhalperin13, Feb 25, 2025
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  13. Auraraptor

    Auraraptor F1 World Champ
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    #2188 Auraraptor, Feb 25, 2025
    Black is my favorite color after blue and maybe white on the 575. I just really wanted a blue but beggers can't be choosers!
     
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  14. Aerosurfer

    Aerosurfer Formula 3
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    #2189 Aerosurfer, Feb 26, 2025
    Good luck today, @Big Swole that 575 looks nice
     
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  15. Ffre92

    Ffre92 Formula Junior

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    #2190 Ffre92, Feb 26, 2025
    It’s perfect, has everything! That quilted roof is amazing
     
  16. Big Swole

    Big Swole Karting

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    #2191 Big Swole, Feb 26, 2025

    Going off now.... I decided for a driver, it was too few miles... losing money to drive it.

    I need to find a 20-40k mile car I think.... Hate losing this one though....So nice!!


    Wow....Sold for $111K


    Man it hurts to let that one go....
     
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  17. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #2192 Ferrari55whoa, Feb 26, 2025
    MANY of us have been talking here and on BaT about this car that just hammered shortly ago at $111k.

    https://bringatrailer.com/listing/2004-ferrari-575m-maranello-22/

    SOLD 2004 575 F1 WITH ONLY 4,116 miles SOLD for $111,000
    ZFFBV55A340137854 Argento over nero sold out of Cumming GA on a GA title
    +) @Big Swole went and saw the car in person. Same family owned since 2011.
    +) FHP, Modular 19's, red contrasting stitching, leather rear shelf, "tunnel glove compartment", small spare wheel kit
    +) No daytona's but the sport seats with contrasting red stitching looked nice
    +) Tubi-style exhaust & K40 radar detector
    +) 2024 service included timing belts, fuel pumps & rollover valves & rebuilding the water pump. Seller in 2024 also flushed brake fluid and replaced tires.
    +) 2024 additional service included instrument cluster voltage regulator, and shift paddles replaced.
    +) What's not to like?....no red fob....maybe the post applied shields? Unusual wear on the interior driver door open/pull. I guess the AC was in need of diagnostic work?
    +) posting noted rock chips on front bumper and and rear wheel arches.

    I said it here and at the auction I thought this would bring $120k+ based on options and the very low miles. Market is clearly soft......

    Hope everyone enjoyed watching that one....not a great time to sell.....
     
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  18. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #2193 Ferrari55whoa, Feb 26, 2025
    Terry @tazandjan and others that have more closely watched the historical 575 market....back in 2011 when the family that just sold this car....acquired it back in 2011.....back then I was not watching 575 values, only 550 values.....is it possible an investment grade car like this way back then was in the "sub $70" area?

    So few 2004 575's.......
     
  19. Jeremy

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    #2194 Jeremy, Feb 26, 2025
    I am still a bit surprised that it brought $195k. The trip to Canada for a major and associated vague documentation doesn't really add up for me personally but I wish the seller the best on the second attempt.
     
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  20. Chupacabra

    Chupacabra F1 Rookie
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    #2195 Chupacabra, Feb 26, 2025
    It is a _terrible_ result. I wouldn’t have let it go.

    I guess we could dissect it, but I think you’re right - it’s just the market. Meanwhile:

    https://bringatrailer.com/listing/1996-porsche-911-carrera-coupe-67/
     
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  21. tazandjan

    tazandjan Three Time F1 World Champ
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    #2196 tazandjan, Feb 26, 2025
    Somebody got a good deal.
     
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  22. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #2197 Ferrari55whoa, Feb 27, 2025
    It would be interesting to see the next few weeks and for certain high end cars how “soft” results are as a direct result of people having upsetting discussions with their income tax prep accountant.

    I just had mine and I need to lie down for a few minutes. 8-(

    My current anger level regarding the amount I’m going to pay would have definitely had me not bidding on that lovely 2004 575 (until at least the sting wears off).
     
  23. henryr

    henryr Two Time F1 World Champ
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    #2198 henryr, Feb 27, 2025
    i sold my 7k mile 2003. basically same car and in GA for $97.500. 550's could be had 65-75k ish but not 575s as i recall.
     
  24. Ferrari55whoa

    Ferrari55whoa F1 Rookie
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    #2199 Ferrari55whoa, Feb 27, 2025
    I had totally forgot that back then it was a price inversion with the 575's trading higher than 550's.

    I'm very serious when I say I really do think about @dhalperin13 weekly and what an amazing deal he scored on his 575. #winning
     
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  25. henryr

    henryr Two Time F1 World Champ
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    #2200 henryr, Feb 27, 2025
    the nicer more option cars with diff colors were pulling more money but you could buy a red, silver 550 there pretty easily
     
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