our old 512M is for sale again.... | FerrariChat

our old 512M is for sale again....

Discussion in 'Boxers/TR/M' started by m3j0n, Jan 26, 2005.

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  1. m3j0n

    m3j0n Karting

    Oct 4, 2004
    74
  2. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    26,785
    30°30'40" N 97°35'41" W (Texas)
    Full Name:
    Steve Magnusson
    Please give us some background -- when you sold it, mileage at your sale, $?
     
  3. m3j0n

    m3j0n Karting

    Oct 4, 2004
    74
    Sold it about a year ago with similar mileage. HAd the major service done jus tfor the sale. ANd sold it for around 120 ish......****ing car depreciated so badly, luckily, we got a good deal when we bought it used.

    -jon
     
  4. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    26,785
    30°30'40" N 97°35'41" W (Texas)
    Full Name:
    Steve Magnusson
    Thanks for the feedback -- I think we all eventually learn that it's the buy where you've got some leverage ;) (especially on 6-figure used cars).

    Nothing wrong with a 512M, but I'd say that not-first-year 550s are starting to put pressure on the 512M prices back towards the $100K barrier (and IME there are problems that start to appear on 10 year old cars regardless of mileage).

    I still don't understand this quick-flipping stuff -- much better to use and enjoy the car IMO.
     

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