550 Maranello article - they'll be £200k before you know it!

550 Maranello article - they'll be £200k before you know it!

Author
Discussion

Cheib

23,315 posts

176 months

Monday 30th November 2015
quotequote all
2000 mile TDF 550 with Bordeaux interior....

http://www.speedmastercars.com/cars-for-sale/

Surely that'll break the £200k barrier!



Pork

9,453 posts

235 months

Monday 30th November 2015
quotequote all
That's stunning, shames it's destined to be mothballed frown

Camlet

1,132 posts

150 months

Monday 30th November 2015
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"1 of 475 UK RHD cars" rofl

roygarth

Original Poster:

2,674 posts

249 months

Monday 30th November 2015
quotequote all
Cheib said:
2000 mile TDF 550 with Bordeaux interior....

http://www.speedmastercars.com/cars-for-sale/

Surely that'll break the £200k barrier!


Was £225k ask 6 weeks ago. Could be more now.

mon the fish

1,424 posts

149 months

Tuesday 1st December 2015
quotequote all
That's been for sale for over a year now has it not? With the price going up continually

roygarth

Original Poster:

2,674 posts

249 months

Tuesday 1st December 2015
quotequote all
mon the fish said:
That's been for sale for over a year now has it not? With the price going up continually
No, Furlonger sold it for £150K+ a while back. Speedmaster have had it more recently.

roygarth

Original Poster:

2,674 posts

249 months

Tuesday 1st December 2015
quotequote all
Nest issue of Octane has a big puff piece on the 575M.

This follows GQ's recent 'buy now!' article. http://www.gq-magazine.co.uk/entertainment/article...

Definitely flavour of the month.



Edited by roygarth on Tuesday 1st December 09:12

TKH

395 posts

190 months

Wednesday 6th January 2016
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Good article in this months EVO 'Market Watch'

550 Maranello the modern-day Daytona - have to agree but yes very biased

50'000 mile cars 'at least' £ 125k
low miles RHD can command £ 200k

a good read

550M

1,104 posts

216 months

Wednesday 6th January 2016
quotequote all
Thanks for the pointer! Oh how I laughed at the title of this thread....!

roygarth

Original Poster:

2,674 posts

249 months

Wednesday 6th January 2016
quotequote all
550M said:
Thanks for the pointer! Oh how I laughed at the title of this thread....!
Didn't we all...I titled the thread in jest as a nod to a Challenge Stradale thread where somebody predicting CS's at £200k was widely ridiculed...and they are up to £300k now!

I think the modern classics have got further to run in 2016. So sell fast!!!

harrykul

2,770 posts

227 months

Friday 8th January 2016
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So how many guys on here are getting jittery about using theirs, given the value increase? Mine gets limited use as I'm in another country to it, but when I do use it, I am more aware of the value situation. It's not what I bought it for, but I does make me a bit more anxious about using it. Am I alone in this?

bertie

8,550 posts

285 months

Friday 8th January 2016
quotequote all
I still use mine just the same, as I do with any of the others.

Cars are meant to be used, it's the little used garage queens that give trouble IMHO

roygarth

Original Poster:

2,674 posts

249 months

Saturday 9th January 2016
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My daily commute is along 5 miles of muddy Norfolk lanes. So I use my Renault 5! The decent stuff gets rolled out at the weekends and summer evenings. So difficult to put took many miles on anything really. But agree its important to keep the juices flowing on these cars.

The 550's don't seem to be too mileage sensitive though above 20,000 miles.

mon the fish

1,424 posts

149 months

Saturday 9th January 2016
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I bought mine to use it, and have done 10k in 2 years. It was the car on the poster on my wall, so the value of it in regards to not driving it is irrelevant to me.

That said, the value does make me think about what else I could do with the cash - pay off the mortgage? Swap for different cars? I don't currently have space for any more cars, however I did make a list of what I could buy if I sold it:

997 C2
Bentley Turbo R
Caterham/Morgan 3-wheeler
C63/E63 AMG
XJS

And that does make you think a bit - as much as it is my dream car in my perfect spec, that's a lot of other cars I could have instead of just this one...

In short, I wouldn't/don't use it less because of the value, or not think about adding miles. But I now have a six-figure car sitting in the garage, that I didn't two years ago.

harrykul

2,770 posts

227 months

Saturday 9th January 2016
quotequote all
mon the fish said:
That said, the value does make me think about what else I could do with the cash - pay off the mortgage?

But I now have a six-figure car sitting in the garage, that I didn't two years ago.
This is very much what is going through my mind at the moment when I have my sensible cap on.... I definitely plan to hold on to it for the medium to long term though: it was THE car for me since I was a teenager and I want to go on some trans-continental trips to use it as it was intended. Sod the mileage.

phib

4,464 posts

260 months

Saturday 9th January 2016
quotequote all
harrykul said:
mon the fish said:
That said, the value does make me think about what else I could do with the cash - pay off the mortgage?

But I now have a six-figure car sitting in the garage, that I didn't two years ago.
I am in exactly the same boat, I have been thinking about selling mine and either buying another investment property or buying something else. I have a few others anyway.

But the only things I really like are 458, DBS volante and any 250.

Given the 250 is out due to cost and the 458 will depreciate heavily (I don't do depreciation !)this left me with the DBS, which I drove but it left me totally cold so I suspect I will end up keeping the 550 for now whilst its appreciating ( not that it was bought as an investment)

Phib

mon the fish

1,424 posts

149 months

Sunday 10th January 2016
quotequote all
harrykul said:
This is very much what is going through my mind at the moment when I have my sensible cap on.... I definitely plan to hold on to it for the medium to long term though: it was THE car for me since I was a teenager and I want to go on some trans-continental trips to use it as it was intended. Sod the mileage.
Same here - I've lusted after the 550 half my life, and it's everything I hoped it would be.

I had only had mine for 6 months when I drove from Aberdeenshire to the Italian lakes - do it, it's absolutely brilliant at euro trips

550M

1,104 posts

216 months

Thursday 3rd March 2016
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roygarth said:
Cheib said:
2000 mile TDF 550 with Bordeaux interior....

http://www.speedmastercars.com/cars-for-sale/

Surely that'll break the £200k barrier!


Was £225k ask 6 weeks ago. Could be more now.

Now £250k

Pork

9,453 posts

235 months

Thursday 3rd March 2016
quotequote all
550M said:

Now £250k
Any why not?

"Boss, were struggling to shift that 550, what do you think, shall I put it up £25k?"

cgt2

7,108 posts

189 months

Thursday 3rd March 2016
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I've had three 550s and a manual 575, dearly loved them all but anyone willing to pay this kind of money for one is truly mad. smile