Ferrari 550 1998, good buy (if you have the bottle) or not?

Ferrari 550 1998, good buy (if you have the bottle) or not?

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dvb247

Original Poster:

270 posts

198 months

Saturday 10th January 2015
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http://www.ebay.co.uk/itm/FERRARI-550-MARANELLO-NO...

With prices increasing this may be worth a punt if you fancy a project?

Has full service history, new clutch, wheels and brakes, engine fine

IMHO it needs major service, all error code from crash resolving, front end and rear quarter redoing bodywork before full paint job, interior later seats need colonising, total for this work is really hard to estimate?


dvb247

Original Poster:

270 posts

198 months

Saturday 10th January 2015
quotequote all
You're all confirming my thoughts, it is CAT C and yes it does look like a total botch job with copy parts and panels, I had a figure of £20k to repair but who knows, nice colour combo!!

dvb247

Original Poster:

270 posts

198 months

Sunday 11th January 2015
quotequote all
I'm not going to bid but I'm really interested to see what price it reaches!!

dvb247

Original Poster:

270 posts

198 months

Thursday 26th March 2015
quotequote all
It's still for sale then!! I first saw this car back in Sept/Oct 2014, I spoke to the seller also and didn't get a could feeling about it, his add has gone through a few generations now, he has clearly dropped all the Novitec blah blah stuff now.
At some point it will be worth a punt, right colour combo and manual, my issue is the same as everyone else, its been very poorly repaired, the rear quarter that is not in this new add is in really bad shape, the passenger side lights don't sit right, front and rear bumpers are copies, the wings are copies, needs a full respray, one of the pillars looks damaged, possibly why it's CAT C, the engine needs full service with all fluids, all dash light faults seeing to, will need full corner weighing and alignment, poss new tires as been stud for ages.
Really depressing as after all that I did make him a pretty good offer IMHO but he's holding out for £30k plus at least.

The silver Ferrari 612 CAT D engine fire seems much more straight forward and is a nice spec v12 car!!