Value on this good?

who is the seller ? sullivan bros ?

 

It is probably fairly valued. It is cheap because the miles are high. Then you got a black interior over rosso instead of tan. That is ok but less desirable. Then you got service when was that done and by who and to what extent. Some turd polishers call a belt swap a major service. Some doing a major send out your fuel injectors to be balanced and cleaned. Those are 2 very different "majors." Then what about PINs and FOB's. Being inccomplete there is a couple 1000. Then there are lack of options that cost 1000's like quilted deck. Then one pick shows pulling of the leather dash. And is that a sagging passenger seatbelt of just a trapped one? Then is that a euro car? It has the sidelight on the gills like a euro car. Then the lip spoiler is painted rosso. It is supposed to be black matte. What is the rest of the paint like in person? I think best of breed are $150k cars. Some are worth much much much less.

 

- Stick on shields (not factory)

- not great front bumper respray (I think lower edge is supposed to be satin black?) license plate hoes poorly filled

- not great sticky refinishing

Aside from that, looks like a decent car for high milage.

 

Wouldn’t a euro car have speedo in Km/h? Also looks the coolant temp is too hot. Maybe that’s why the info display is lit up red.

 

I have 80,000 miles on my 98 the car runs perfectly, but I also have Service records since new... Has always been dealer serviced !
If you can run down all the service records I wouldn't worry about them miles.
if it has been properly serviced you'll have a great running car.
Not sure but if the dash has to be redone I think it's about $2400.

Hope it all works out they are wonderful cars

 

The ignition is on but the engine isn’t running according to the tach. The oil temp gauge in another photo is also pointing at the midpoint. Maybe the engine was running just before they took the photos? It could be something simple like the temp sensors are bad and so the fans aren’t turning on, or the relays for the fans are bad. Need to check out the cooling situation. Miles don’t bother me if everything is working properly.

 

Multiple possible issues. I'd pass and get a US car. Plus the aftermarket shields are tacky.

 

Mickey Mouse, judging by the wording of the advert.

 

First thing my eyes went to was that bad front bumper respray. That doesn't look close to color matched.

 

If that's all the $$ you have to spend and you really want a 550, then go for it - with a reputable PPI. I would try to buy it for less (of course!). What is a good deal for the car is subjective - but the majority of the market is higher. The front bumper is correctable and the shields are a matter of taste. You want it to run well and have no stories - other than it has been used. If you can spend over $100K, then there are probably more desirable cars available...

 

If it has 74,000 miles on it, was that from 2000 when the speedometer was converted? How about the 3 years of kilometers before that in Europe? The dash toggle switches don't seem to be lined up either and the quilted shelf would be a definite plus to have.

 

Personally, I think it's overpriced for the miles and the year. I wouldn't give more than $75K (which is probably what they have in it). Having access to Mannheim sale results, some of the prices I see would make you guys freak at how low these cars sometimes change hands for. I know they sometimes drop my jaw!!!


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ya but the older ones that go through manheim auctions are the bottom tier of ferraris. The new ones are fine. The older cars they're usually not serviced/cared for properly and it shows. Believe it or not lots of rich people really do not follow the proper guidelines servicing their car. I know a guy with a diablo 6.0 that realistically hasn't been serviced in years bc he thinks since he doesn't drive it that services dont need to be done.

I just logged in my dads manheim, he's a car dealer, not ferraris but just normal cars and I looked through the MMR on manheim, I didn't see any 550 maranellos at all, are you talking about recently or just ferraris in general? Even 575 I dont see any in the MMR, the common ones like 458s I see a ton in there but none of really the rarer ones.

Not many 2017's I see just 1 488 and a couple california T's

12/14/17 $155,000* 12,556 4.1 8GT/A Red Regular Southeast Palm Beach
12/14/17 $170,000* 1,973 - - 8GT/A Black Lease West Coast Riverside
12/14/17 $164,000* 9,914 - - - -/- - Blue Regular West Coast Riverside
9/7/17 $183,000* 1,515 4.8 8GT/A White Regular Southeast Palm Beach

but very rarely will you see any stradale/scuderia/speciale or something like a 550/575 pass through believe me Im always in there looking.

 

I agree about the servicing. I fix Maseratis and Ferraris for a paycheck and the number of people who don't keep up on these cars properly is staggering.

As for Mannheim, there's a '99 550M listed on OVE with 32K miles for under $90K and I would reckon the selling dealer is looking for at least a $5-10K lick on that car.



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The miles and year have no real bearing on some of the comments of 'value' of this car. My 67,000 mile example which I sold last year showed better than many 20,000 mile examples out there. It's all about condition, likely why most of the 'dog' Ferraris get sold at places like Manheim. Owners are not stupid, if they have a car on their hand which requires thousands and thousands of dollars and many hours to repair, money which they will likely never recoup, they'll unload them at these lower end auctions in hopes that someone will think they're picking up a 'steal'.

 

Indeed that is very true. One can certainly keep a "high miler" in way better nick than many of the garage queens and in fact, many are. It always surprises me how fast most Ferrari would-be owners and even current owners are terrified of anything above 15K miles. To the contrary, the best 308 I owned out of the five or so that passed through my hands was an '82 GTSi that I bought with 71K on the clock and sold four years later with 102K on it to a guy in CA who's still driving it to this day.

As for that red 550 in question, I still maintain that it's overpriced at $90K. Not that I'd be afraid of owning one with 74K, obviously, but I guess for most folks the miles throw many other elements into the equation, generally cosmetic, and therefore those cars generally struggle to command top dollar, which of course is a good thing if you want one to drive and enjoy (which is what one should do with any production Ferrari IMHO). But I used the Mannheim example purely as a data point as a car with 32K priced lower than this 74K mile example, either of which could be a very rough (or perhaps surprisingly decent) specimen.


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Scowman, I think you can do better than this example, too many unanswered stories. There are the pricey garage queens, there are the cars to steer clear of, and then the good cars in the middle, of which there are plenty right now.