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

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

Author
Discussion

paul0843

1,499 posts

152 months

Monday 11th August 2014
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harry kular said:
In discussions with the dealer today, I discovered that the car had a new front axle at 28000kms!

This seems strange to me, even the dealer wasn't aware of any issue with them- any ideas?
I think you will find quite a few 550s suffered from this..
Paul

phib

3,970 posts

204 months

Sunday 17th August 2014
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[quote=roygarth]

I've imported Ferraris from Germany and Holland with no problems at all. Not sure I'd do so from other Euro countries.....

These two look worth further investigation....


Is it as easy to import from france ? is there any colour to avoid or buy ?

Is there a price premium in colours like there is with 355's ? like the black or grey ones are they good bad or indifferent ?

Lastly are the 575 better or worse ?

Sorry for all the questions !!!!

Thanks for any info

Phib

johnnyreggae

2,334 posts

105 months

Sunday 17th August 2014
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Read the ph 550 buyers guide http://www.pistonheads.com/doc.asp?c=52&i=2659... , look for mario149's threads about his 550 and then if you fancy F1 look for all the 575 threads

roygarth

Original Poster:

2,657 posts

193 months

Sunday 17th August 2014
quotequote all
Hi Phib, importing from all EU countries is the same from a paperwork etc point of view. Personally I just find the Germans and Dutch very straight people to deal with. I've found Belgians and French a bit dodge and the Italians, er, they don't even seem to know when they are lying!

My rule is to buy from Ferrari Main Dealers only - perhaps you pay slightly more, but I felt more comfortable transferring large sums of Euro to them as opposed to an unknown dealer or private individual.


harry kular

2,371 posts

171 months

Monday 18th August 2014
quotequote all
roygarth said:
Hi Phib, importing from all EU countries is the same from a paperwork etc point of view. Personally I just find the Germans and Dutch very straight people to deal with. I've found Belgians and French a bit dodge and the Italians, er, they don't even seem to know when they are lying!

My rule is to buy from Ferrari Main Dealers only - perhaps you pay slightly more, but I felt more comfortable transferring large sums of Euro to them as opposed to an unknown dealer or private individual.
On the tax front, what will be liable to hmrc before registration? The car I imported from Germany was originally a UK car, so nothing to pay. Will UK VAT be due when bringing in an original NL car then?

roygarth

Original Poster:

2,657 posts

193 months

Monday 18th August 2014
quotequote all
No import duty. No VAT assuming VAT has been paid before in Europe - usually when car originally sold.

harry kular

2,371 posts

171 months

Friday 22nd August 2014
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roygarth said:
No import duty. No VAT assuming VAT has been paid before in Europe - usually when car originally sold.
Thanks for the clarification re VAT.

So I've heard back from the dealer regarding the NL car- "the air conditioning needs fixed, and it needs a 50000km service"

Further investigation into the history reveals that it hasn't had an oil change (but has had other items) in 7 years and 16000km!

This has set the alarm bells ringing for me- should I walk at this point?

phib

3,970 posts

204 months

Friday 22nd August 2014
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Walk …. I think run would be a better option unless its really cheap ?

Air can can be a re gas for £50 or £5,000 on condensers, pipe work etc etc

Re servicing whilst the do not service ferraris as much on the continent I would expect a bit more that one service in 7 years

Phib

harry kular

2,371 posts

171 months

Friday 22nd August 2014
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You're right. It's beyond me how they could run such a car (or any car) for that long without doing it. Of for the dealership who has looked after it for the duration not to pick up on it. Plus, knowing my luck the air-con will be a nightmare...

I'm oot.

The search continues....

Cool Hand Luke

73 posts

97 months

Monday 25th August 2014
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Just been through the same thought process. Settled for a LHD 550, which I'm picking up this week. Seems to be a big spread on this model between RHD UK cars vs LHD Euro cars.

Having spoken to many dealers in Germany, it's the 550 that has the following over there as well. It's not just the manual box, but collectors prefer the simpler more retro interior as well.


roygarth

Original Poster:

2,657 posts

193 months

Monday 25th August 2014
quotequote all
Cool Hand Luke said:
Just been through the same thought process. Settled for a LHD 550, which I'm picking up this week. Seems to be a big spread on this model between RHD UK cars vs LHD Euro cars.

Having spoken to many dealers in Germany, it's the 550 that has the following over there as well. It's not just the manual box, but collectors prefer the simpler more retro interior as well.
550 & 575 are essentially the same car. In the long term the Manual 550 will be the car of choice versus the Auto 575. Its basically the last manual boxed Ferrari GT. Look at the madness over in the Porsche world with prices of the last (admittedly rarer) manual boxed GT3RS. Enthusiasts and collectors prefer manual and they will determine future values.


harry kular

2,371 posts

171 months

Monday 25th August 2014
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Congratulations on your purchase, any pictures? it wasn't in Nuremberg, was it?

ETA: because I want it!!!

Edited by harry kular on Monday 25th August 21:11

phib

3,970 posts

204 months

Monday 25th August 2014
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Congrats... Can't wait to see pics.

Hope your driving it back ?

Phib

Fezzaman

453 posts

138 months

Monday 25th August 2014
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550 has always been one for the dream garage for me along with a F355 GTS, but has anyone looked at the classifieds recently?! Not that long ago when a 90k+ miler would have been mid-high 30s. Even a very short while ago 90k+ miler was mid 40s. Now there are 2 90k+ cars at 55k! Thread title might not be far off at this rate. I'd be better off aiming for a used F12 than a 550 over the next few years!!

Cool Hand Luke

73 posts

97 months

Tuesday 26th August 2014
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Congratulations on your purchase, any pictures? it wasn't in Nuremberg, was it?

ETA: because I want it!!!


It isn't, but very nearly was. It was a toss up between that one, and the one I'm going for in Frieberg. I initially fell for the bordeaux interior, but eventually went conservative with a black / grey interior. I have a contact in Germany who has looked over all the paper work for the Nuremberg car. PM if interested. It's looks like a good car.

This is the one I'm going for http://suchen.mobile.de/auto-inserat/ferrari-550-f...


harry kular

2,371 posts

171 months

Tuesday 26th August 2014
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Congrats Luke, The Freiburg one was on my shortlist too. Look forward to hearing about it on the thread in due course.

I'll PM you now...

MDahmen

3,738 posts

122 months

Tuesday 26th August 2014
quotequote all
harry kular said:
Congratulations on your purchase, any pictures? it wasn't in Nuremberg, was it?

ETA: because I want it!!!

Edited by harry kular on Monday 25th August 21:11
Just as an fyi, I am pretty sure a grey/bordeaux car in Nuernberg (1996) was listed at 49.x (<50k) until about 3-4 weeks ago (and was listed at that price for quite a while) and then the seller increased the price to mid-fifties. So if it is the same car and you decide to make an offer, there should be some room in the price.

harry kular

2,371 posts

171 months

Tuesday 26th August 2014
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Yes, I had noticed that when I made my first enquiry about 2 weeks ago- this increase led me to the NL car that I've now discarded from the search. I will certainly be using that as a reference point in negotiations.

AdvocatusD

2,268 posts

176 months

Tuesday 26th August 2014
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roygarth said:
The £200k is just a reference to a famous Challenge Stradale thread from last year...
Didn't realise my thread was famous... wink

smartypants

41,088 posts

114 months

Tuesday 2nd September 2014
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Picked her up yesterday, overnight stop in Strasbourg and a great drive back home today. What a car.. the ultimate GT car? What else can seemingly cruise at 140mph and still urge you to go faster?



(on behalf of Cool Hand Luke)