What's it worth, 575M Cat D?

[Plainview23]

Folks,
What would you pay for a 02 plate 575M, Cat D with pictures showing pretty small rear end damage, repaired by Ferrari; 15,000mls, no Fiorano pack in Rosso?
Obviously it gets a hefty discount but I'm not sure how hefty? 20%, more?

Any input appreciated.

P.

[POORCARDEALER]

25-30% I would have thought.

Just buy it cheap, sell it cheap .

[johnnyreggae]

How could it have been repaired by Ferrari ? Do they own any dealers and/or bodyshops anywhere in the world ? My understanding is even at the factory its all sub-contracted locally so who actually did the repair ?

Edited by johnnyreggae on Tuesday 23 August 09:08

[POORCARDEALER]

Yes Ferrari dealers do carry out crash repairs.

[bertie]

No ones having a go so I will.

I reckon £30k - £35k

[johnnyreggae]

That yellow one sold for nearly seventy recently so downspec a little plus discount can't be below forty maybe forty five

[burriana]

Rule of thumb is about 20% off market value for Cat D.

[Plainview23]

Thanks very much for the input, 25% or so and expect the same hit if/when you decide to off load it.

[crostonian]

CAP Clean for an 02 02 Manual with 15K is £39100 so I'd say around £25k to £30k for a CAT D in the trade, retail around £35k to £40K?

Edited by crostonian on Tuesday 23 August 13:54

[bertie]

johnnyreggae said:

That yellow one sold for nearly seventy recently so downspec a little plus discount can't be below forty maybe forty five

£70k you must jest surely!

[johnnyreggae]

There have been several sales recently in the £ 65-70 area plus a couple above I believe

This one after commissions etc was about £ 68 http://www.silverstoneauctions.com/2003--03-ferrar...

Edited by johnnyreggae on Tuesday 23 August 16:06

[bertie]

johnnyreggae said:

There have been several sales recently in the £ 65-70 area plus a couple above I believe

This one after commissions etc was about £ 68 http://www.silverstoneauctions.com/2003--03-ferrar...

Edited by johnnyreggae on Tuesday 23 August 16:06

Doesn't that say £60,500?

Anyway, that's overpriced, someones got carried away, and that's one big banana!

[BountyHunter]

burriana said:

Rule of thumb is about 20% off market value for Cat D.

more like 30 - 40% for Cat D (and same for Cat C too)

[burriana]

BountyHunter said:

burriana said:

Rule of thumb is about 20% off market value for Cat D.

more like 30 - 40% for Cat D (and same for Cat C too)

Well, things have changed a lot since I bought a Cat D then. Put it this way, I would consider a Cat D, but not a Cat C and, I am surprised if the discount for both is the same.

[Obiwonkeyblokey]

on the basis of what I sold my 2001 silver no FP car for ( and some fo the offers) I would say circa 30k

[f1ten]

its got to be less than a clean 550 surely

[Ti22]

Bear in mind there will be a lot less demand for it if/ when you come to sell, even at a 30% reduced price. (I know, I had a cat D once!)