Ferrari 550, 1 owner, only 109,000 miles FSH.Well would you?

Ferrari 550, 1 owner, only 109,000 miles FSH.Well would you?

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Discussion

Johnboy Mac

2,666 posts

178 months

Friday 25th May 2012
quotequote all
I think I'd be much happier paying an extra 10k for this, even if I'm not gone on the colour.


http://www.pistonheads.com/sales/3923415.htm



andy43

9,722 posts

254 months

Friday 25th May 2012
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Take 8k off the price and it might be worth considering.
Be hard work to sell on though.

rallycross

12,794 posts

237 months

Friday 25th May 2012
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anyone who spends £15k on a respray on a 100k mile car is crackers.

obob

4,193 posts

194 months

Friday 25th May 2012
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rallycross said:
anyone who spends £15k on a respray on a 100k mile car is crackers.
15k on a 38k car. bks!

Anyway it was 15000k so even more crackers

The Wookie

13,948 posts

228 months

Friday 25th May 2012
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bakerstreet said:
I wonder what brought the respray on?
Probably flaking paint I would imagine

kentmotorcompany

2,471 posts

210 months

Friday 25th May 2012
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Lovely car. Fantastic colour combo. Good ad. Very rare kind of owner.

However still over priced, but there isn't another one like it so who knows.

Also I'd like to have a good look at the interior. Ferrari's tend to show interior wear, and the few older 550's I've seen don't hide their age well on the inside.

Chrisw666

22,655 posts

199 months

Friday 25th May 2012
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rallycross said:
anyone who spends £15k on a respray on a 100k mile car is crackers.
Even when the car in question is a Ferrari 550 that will in time appreciate regardless of miles. A well used and cared for 550 will be better than some low mileage one that's been bought by a half wit with his £40k inheritance on one as a weekend toy but hasn't got the funds nor sense to look after it properly.

Podie

46,630 posts

275 months

Friday 25th May 2012
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billybob69 said:
''Maintained to aircraft standards and always warmed up properly, it has only ever been driven smoothly by myself, a Police trained Class 1 advanced driver''


really? aircraft standards... bs

''a Police trained Class 1 advanced driver'' what relevance does this have to the price of rice in china?
The aircraft standards bit made me laugh. Curious to know what that actually means...

rubystone

11,254 posts

259 months

Friday 25th May 2012
quotequote all
Chrisw666 said:
Even when the car in question is a Ferrari 550 that will in time appreciate regardless of miles. A well used and cared for 550 will be better than some low mileage one that's been bought by a half wit with his £40k inheritance on one as a weekend toy but hasn't got the funds nor sense to look after it properly.
Quite simply. He is taking the piss. I turned down a 67k mile Grigio/Burgundy car 2 years ago at £30k because it needed £5k of work to put it right and was then expensive. Allowing for the fact that the market has been (trying to) talk these cars up, that car might now be a £35k car, this 109k mile 550 has to be priced at £20-£25k for it to be taken seriously.

And anyone buying it has to be prepared to own it forever or sell it on for £10-£15k.

I can't believe the trade would make an offer for it about £10k

Chrisw666

22,655 posts

199 months

Friday 25th May 2012
quotequote all
I'm sure you know a tad more about the Ferrari market than me, I was responding to the why spend £15k on a respray for a leggy car comment over it being value at £38k.

I'd still take a well used car (maybe not that well used) over a garage queen that had been passed around just before bill time.

Podie

46,630 posts

275 months

Friday 25th May 2012
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For £10k I'd have punt. Even at £15 you'd think it's worth a shout... but the asking price does seem steep for the mileage - regardless of condition.

Vixpy1

42,624 posts

264 months

Friday 25th May 2012
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I'd take a punt at 20 to 25K

longblackcoat

5,047 posts

183 months

Friday 25th May 2012
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Too expensive, but fastidiously maintained. If you owned it for three years you'd probably have to spend nothing other than routine servicing, which might make up for part of the OTT pricing (in line with others, I reckon it's £10k too high).

Aircraft standard maintenance - certain checks carried out every time the plane is to be used, and rectified before flight. Others based on time - parts to be replaced regardless of condition, based purely on hours served. The plane doesn't ever exceed these, and will never fly if the checks aren't carried out. A D-class aircraft check will see the plane pretty much disassembled and rebuilt, whether or not it shows sign of wear You get the idea.If this is what this guy has really done, then it'll be at least as good as when it came out of Maranello.

Whilst, I think this is massively impressive, the problem is that no-one else will see the value, and you'll drop £10k the minute you buy it.

Podie

46,630 posts

275 months

Friday 25th May 2012
quotequote all
longblackcoat said:
Aircraft standard maintenance - certain checks carried out every time the plane is to be used, and rectified before flight. Others based on time - parts to be replaced regardless of condition, based purely on hours served. The plane doesn't ever exceed these, and will never fly if the checks aren't carried out. A D-class aircraft check will see the plane pretty much disassembled and rebuilt, whether or not it shows sign of wear You get the idea.If this is what this guy has really done, then it'll be at least as good as when it came out of Maranello.
I understand what the term means, but to maintain to that standard AND hit over 100k..? Blimey.

CDP

7,459 posts

254 months

Friday 25th May 2012
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tim-b said:
advert said:
Just completed 15,000 k concours re-spray by Panel Craft Elite
I always wonder why people would do something like this just before selling a car. Surely you won't get £15k more for it after the respray, than you would with original paint (unless it was in a really bad state)? scratchchin
I was thinking exactly the same thing, it would make far more sense to put it up for 25K. This would only make sense to somebody who was intending to keep the car for another 100K.

longblackcoat

5,047 posts

183 months

Friday 25th May 2012
quotequote all
Podie said:
I understand what the term means, but to maintain to that standard AND hit over 100k..? Blimey.
To be honest, you'd get any car to any mileage you like on that basis. The costs would be truly phenomenal, however, and must mean a lot of time off the road.

k-ink

9,070 posts

179 months

Friday 25th May 2012
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Podie said:
The aircraft standards bit made me laugh. Curious to know what that actually means...
Prior to flight: checking the wings are still attached, ensuring the rudder and ailerons move freely, that instruments work correctly, fuel is brimmed. Then not taking off as it's a fking car.

Podie

46,630 posts

275 months

Friday 25th May 2012
quotequote all
k-ink said:
Podie said:
The aircraft standards bit made me laugh. Curious to know what that actually means...
Prior to flight: checking the wings are still attached, ensuring the rudder and ailerons move freely, that instruments work correctly, fuel is brimmed. Then not taking off as it's a fking car.
hehe

crispyshark

1,262 posts

145 months

Friday 25th May 2012
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£22k and i'd deal. £35k is a mug's price!

raptor600

1,356 posts

146 months

Friday 25th May 2012
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k-ink said:
Advert waffle said:
Handed over to me in 2000 personally by Ferrari president Montezemolo at Silverstone as a result of my UK press articles concerning the reliability of Ferraris as high mileage everyday cars.
So the guy is given a free Ferrari for claiming they are fine for high milage. That is quite some bribe.
It doesn't say it was free...