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

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

Author
Discussion

haroonok

70 posts

214 months

Sunday 6th March 2016
quotequote all
presumably the attrition rate for a 550 would be even higher though?

Mogul

2,934 posts

224 months

Sunday 6th March 2016
quotequote all
There would have been a time, when F40s were trading at c.£150k, when a serious crash or fire damage would have lead to a write-off, but for most of these cars lives, the values were such that very few would have actually vanished never to return... The Maranello on the otherhand... It would have been quite easy to write these off I would have thought as the values fell down towards 25% or less of their initial purchase price and sat there for a while before the recent price renaissance. I've seen more damaged Maranellos being broken for spares than F40s over the years... Eurospares usually have a few in.

Edited by Mogul on Sunday 6th March 18:16

Mogul

2,934 posts

224 months

Sunday 6th March 2016
quotequote all
There would have been a time, when F40s were trading at c.£150k, when a serious crash or fire damage would have lead to a write-off, but for most of these cars lives, the values were such that very few would have actually vanished never to return... The Maranello on the otherhand... It would have been quite easy to write these off I would have thought as the values fell down towards 25% or less of their initial purchase price and sat there for a while before the recent price renaissance. I've seen more damaged Maranellos being broken for spares than F40s over the years... Eurospares usually have a few in.

Edited by Mogul on Sunday 6th March 18:35

cgt2

7,103 posts

189 months

Sunday 6th March 2016
quotequote all
Mogul said:
There would have been a time, when F40s were trading at c.£150k, when a serious crash or fire damage would have lead to a write-off, but for most of these cars lives, the values were such that very few would have actually vanished never to return... The Maranello on the otherhand... It would have been quite easy to write these off I would have thought as the values fell down towards 25% or less of their initial purchase price and sat there for a while before the recent price renaissance. I've seen more damaged Maranellos being broken for spares than F40s over the years... Eurospares usually have a few in.

Edited by Mogul on Sunday 6th March 18:35
I was offered an F40 at £90k once. God I wish I had a time machine.

Bluebottle911

811 posts

196 months

Wednesday 9th March 2016
quotequote all
cgt2 said:
I was offered an F40 at £90k once. God I wish I had a time machine.
If you had a time machine you wouldn't buy an F40 for £90K. You would buy a 250GTO for £10K. Or a blower Bentley for £500. Or . . .

rubystone

11,254 posts

260 months

Wednesday 9th March 2016
quotequote all
Bluebottle911 said:
cgt2 said:
I was offered an F40 at £90k once. God I wish I had a time machine.
If you had a time machine you wouldn't buy an F40 for £90K. You would buy a 250GTO for £10K. Or a blower Bentley for £500. Or . . .
Or just go back 3 weeks or so, enter the lottery and share the £33m with that other couple? Then buy an F40 with the loose change? getmecoat

bertie

8,550 posts

285 months

Saturday 12th March 2016
quotequote all

roygarth

Original Poster:

2,674 posts

249 months

Sunday 13th March 2016
quotequote all
bertie said:
Is that inc. commissions?

bertie

8,550 posts

285 months

Sunday 13th March 2016
quotequote all
roygarth said:
Is that inc. commissions?
Not sure

bertie

8,550 posts

285 months

roygarth

Original Poster:

2,674 posts

249 months

Monday 14th March 2016
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SL550M

593 posts

111 months

Monday 14th March 2016
quotequote all
Serious money, but a seriously beautiful car.

phib

4,464 posts

260 months

Monday 14th March 2016
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roygarth said:
£330K! Wow!!!
Blimey !!! £330k for a "Normal" i.e. not special edition 575 !!

The whole 550 / 575 thing is going mental !!

Phib

roygarth

Original Poster:

2,674 posts

249 months

Monday 14th March 2016
quotequote all
phib said:
roygarth said:
£330K! Wow!!!
Blimey !!! £330k for a "Normal" i.e. not special edition 575 !!

The whole 550 / 575 thing is going mental !!

Phib
To be fair it is a very rare Manual. I think 95%+ were flappy's.

mon the fish

1,421 posts

149 months

Monday 14th March 2016
quotequote all
roygarth said:
To be fair it is a very rare Manual. I think 95%+ were flappy's.
True, but that doesn't explain why you'd pay double for that compared to a 550 in the same colours...

Madness.

phib

4,464 posts

260 months

Monday 14th March 2016
quotequote all
mon the fish said:
True, but that doesn't explain why you'd pay double for that compared to a 550 in the same colours...

Madness.
You can have my 550 for £150k !! oh hang on ... actually you cant ;-)
Phib

diametric123

134 posts

113 months

Monday 14th March 2016
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What do people think of the impact of rising prices on the F1 575?

As the proud owner of a low mileage 550 I share the disincentive that rising prices create on me driving it. Latest mad man maths was buying a 575 in addition that I'm more likely to use / is less likely to go stratospheric price wise

Compared to the 550 I feel that the 575 feels a little undervalued in comparison...

Thoughts?

ferrisbueller

29,347 posts

228 months

Monday 14th March 2016
quotequote all
mon the fish said:
roygarth said:
To be fair it is a very rare Manual. I think 95%+ were flappy's.
True, but that doesn't explain why you'd pay double for that compared to a 550 in the same colours...

Madness.
Last manual V12 GT (not counting the uber rare [6?] 599 manuals discussed elsewhere). Always going to be sought after as a consequence.

See also manual derivatives of 360, 430 and 612.

NRS

22,229 posts

202 months

Monday 14th March 2016
quotequote all
ferrisbueller said:
mon the fish said:
roygarth said:
To be fair it is a very rare Manual. I think 95%+ were flappy's.
True, but that doesn't explain why you'd pay double for that compared to a 550 in the same colours...

Madness.
Last manual V12 GT (not counting the uber rare [6?] 599 manuals discussed elsewhere). Always going to be sought after as a consequence.

See also manual derivatives of 360, 430 and 612.
Not sure if it's changed, but certainly quite recently the 360/430 value thread on here showed the manuals weren't going for more than the paddle shift cars for those models. It's just enthusiasts seem to talk about it but not put their money into it. I guess it will change over time as the cars become "classics".

cgt2

7,103 posts

189 months

Tuesday 15th March 2016
quotequote all
NRS said:
Not sure if it's changed, but certainly quite recently the 360/430 value thread on here showed the manuals weren't going for more than the paddle shift cars for those models. It's just enthusiasts seem to talk about it but not put their money into it. I guess it will change over time as the cars become "classics".
.....cue a dozen apopleptic posts from people who own manual cars smilesmilesmilesmilesmile