What is with the 550 ? -Please Read- | FerrariChat
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What is with the 550 ? -Please Read-

Discussion in '456/550/575' started by Jsuit, Jul 29, 2005.

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  1. Jsuit

    Jsuit Formula 3

    Jul 12, 2005
    1,178
    East Coast
    Full Name:
    John
    #1 Jsuit, Jul 29, 2005
    I am in the market for a 99 or older 550 (4.2 sec 0-60, vice 4.7)
    Due to the pre-cat exhaust restriction imposed in 2000.

    What is with the 550 that it gets no repect?

    Much more exclusive than the 360.

    It is a beautiful design (ok, it smiles)

    It is very well built.

    It is extreamly fast

    Whats the deal?

    Why can I buy a 99 550M for 120-130k, the same for a 360?

    John
     
  2. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
    40,647
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    Carbon McCoy
    #2 134282, Jul 29, 2005
    For the same reason you can buy a pristine Testarossa for around the same price as a higher mileage 246 GT (which has half the cylinders)... That's just the way the cookie crumbles...

    As a side note, i think this is the first time i've seen someone gripe about how cost effective a Ferrari is... :)
     
  3. goldyF355

    goldyF355 Formula 3

    May 30, 2004
    1,408
    Toronto
    Full Name:
    Steve G.
    #3 goldyF355, Jul 29, 2005
    Thats the market....dont complain about it. Its just a function of supply and demand. Mostly, I think it is based on the image of the 550 being an "old mans Ferrari"...not as hip as a 360, lets say. This is the most common sentiment I have heard regarding the difference between the desirability of the two.

    Just take advantage of this situation and laugh all the way to the bank!!

    I firmly believe the 550 is one hell of a bargain, although Im definately a little biased ;)
     
  4. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
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    In front of you
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    BCHC
    #4 darth550, Jul 29, 2005
    You're obviously talking to morons.
     
  5. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
    26,000
    Las Vegas, NV
    Full Name:
    Ryan Alexander
    #5 ryalex, Jul 29, 2005
    You can get 97's for closer to $100k.
     
  6. bobleb

    bobleb Formula 3

    Mar 9, 2004
    1,258
    Las Vegas, NV
    Full Name:
    Bob Lebenson
    #6 bobleb, Jul 29, 2005
    But I'm sure if you WANT to pay more for a 550 than a 360, you can find someone to make the deal.

    Hell, I'll sell you my 2000 model for more than a new 430, if you wish. :)
     
  7. Jsuit

    Jsuit Formula 3

    Jul 12, 2005
    1,178
    East Coast
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    John
    #7 Jsuit, Jul 29, 2005
    The price comparison of the 550 and 360 is interesting only in that it may predict future collect ability and declining value of the 550. This whole statement is purely academic since I am going to buy a 550 regardless of these factors and am very happy that I can pick one up $130k.

    Being 33 years old, I will be proud to be the owner of an “old man’s Ferrari”!

    John
     
  8. garysp7

    garysp7 Formula Junior

    Mar 28, 2004
    436
    Florida
    Full Name:
    Gary
    #8 garysp7, Jul 29, 2005
    Just enjoy the price variance between 550's and 360's.
    I would think that at some point you would see a 550/575 price firm up and eventually escalate when the 360 prices would continue to decline. I am basing this purely on production numbers and really extrapolating out a long time. It may not happen though. Anyway, I love my 550 and am biased. Anyway, I don't think any of us buy these things based on future values.
     

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