550 Maranello article - they'll be £200k before you know it!
Discussion
21ATS said:
The Rosso Car at KHPC is clean, I had a look at it earlier this year when it was still priced at £95K. I don't like red on these cars I think they suit more subtle colours. If red floats your boat it was certainly tidy.
The LHD argento car at KHPC is an import from Japan with sketchy history. Information I got second hand - so not gospel but worth checking.
I've had my eye on the Forza288 car for a while - the photography isn't that great but I have feeling that car is Grigio Alloy which I quite like.
It's a buyers market, these cars should be high £50's to low £60's now. I'm glad I waited. I offered £90k on a £100K 575m 18 months ago. The same car is still for sale in the £70's now and not sold, with a different dealer this time. My offer at the time was flatly refused, no potential for negotiation. That's Meridien for you.
I'm out until the political nonsense has been sorted out, my business (which imports in US$) is really hurting now, so right now isn't the time to be buying a third car as a toy.
Later this month there's a Ferrari auction at Silverstone - see here:- https://www.silverstoneauctions.com/events/2019-au...
As I type there are 6 Maranellos listed, three 550's and three 575's of varying degrees of condition, mileage and driving position. It's got to be worth watching those go through and see what the results are.
would quite like the 550 Pozzi car at that price levelThe LHD argento car at KHPC is an import from Japan with sketchy history. Information I got second hand - so not gospel but worth checking.
I've had my eye on the Forza288 car for a while - the photography isn't that great but I have feeling that car is Grigio Alloy which I quite like.
It's a buyers market, these cars should be high £50's to low £60's now. I'm glad I waited. I offered £90k on a £100K 575m 18 months ago. The same car is still for sale in the £70's now and not sold, with a different dealer this time. My offer at the time was flatly refused, no potential for negotiation. That's Meridien for you.
I'm out until the political nonsense has been sorted out, my business (which imports in US$) is really hurting now, so right now isn't the time to be buying a third car as a toy.
Later this month there's a Ferrari auction at Silverstone - see here:- https://www.silverstoneauctions.com/events/2019-au...
As I type there are 6 Maranellos listed, three 550's and three 575's of varying degrees of condition, mileage and driving position. It's got to be worth watching those go through and see what the results are.
What is wrong with the 512M or are they very conservative on the estimate (don't seem to be on the other cars)?
21ATS said:
The LHD Pozzi 550 looks nice - it failed to sell at another auction recently with a high bid of £48K (plus commission) It's a Japan import again with sketchy history. The tail tale is the floormats with "CORNES" logo - that's the Japanese Ferrari Dealer.
I saw that, wouldn't mind it though - not too fussed about history on cars as long as they are straight and have had a recent service.Not in the market to buy one right now (although I sometime get the urge to buy something, so that might change in an instant), I think they will come back to close to pre-2014 levels eventually - at 50-60k ish Euros a 550 looks like a great car.
Looks like the investment craze is over and cars are slowly coming back to reality - will be interesting to see the auction results
Got close to buying a Pozzi 550 once.
An ex-Japan car may have a non-Europe friendly radio and the info stickers on the engine bay will presumably be in local lingo.
The main external visual clue is the rectangular side repeaters. Not sure if you can fit European round ones if you wanted to.
What’s that object on the dash (passenger side)?
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An ex-Japan car may have a non-Europe friendly radio and the info stickers on the engine bay will presumably be in local lingo.
The main external visual clue is the rectangular side repeaters. Not sure if you can fit European round ones if you wanted to.
What’s that object on the dash (passenger side)?
I noticed that object on the screen also. I have no idea what it is.
The idea of LHD 550 is actually quite appealing. I fancy using it to drive the historic racing events on the continent and I could see it spending more time abroad than in the UK.
Like you I'm not entirely bothered by a less than perfect example as I'd actually like to drive and enjoy it rather than look at it under a dust sheet appreciating/depreciating in storage. At the appropriate price though.
A lot a scabby monsters came out of the woodwork over the last few years of silliness trying to sell for £100K.
I've been looking now for two years watching the prices slowly adjust back to realistic numbers. I started off wanting a 575, but then I drove one with the F1 box and I didn't like it. I drove a second one with an F1 box that had a new clutch and it was like a different car altogether. Then I drove a high mile manual 575 - and it was just nicer in almost every respect.
The premium for manual 575's used to be +£10k to £15K over the equal F1 car before the bubble. It then hit a 100% premium which is just daft. So at that point I started looking at 550's and I've begun to like the more pure uncluttered design of the 550.
That said I'd take a manual 575 over a 550 if all things were equal.
Visually they really got it right first time. Mechanically it's surprising how much more competent the 575 is over the 550.
The idea of LHD 550 is actually quite appealing. I fancy using it to drive the historic racing events on the continent and I could see it spending more time abroad than in the UK.
Like you I'm not entirely bothered by a less than perfect example as I'd actually like to drive and enjoy it rather than look at it under a dust sheet appreciating/depreciating in storage. At the appropriate price though.
A lot a scabby monsters came out of the woodwork over the last few years of silliness trying to sell for £100K.
I've been looking now for two years watching the prices slowly adjust back to realistic numbers. I started off wanting a 575, but then I drove one with the F1 box and I didn't like it. I drove a second one with an F1 box that had a new clutch and it was like a different car altogether. Then I drove a high mile manual 575 - and it was just nicer in almost every respect.
The premium for manual 575's used to be +£10k to £15K over the equal F1 car before the bubble. It then hit a 100% premium which is just daft. So at that point I started looking at 550's and I've begun to like the more pure uncluttered design of the 550.
That said I'd take a manual 575 over a 550 if all things were equal.
Visually they really got it right first time. Mechanically it's surprising how much more competent the 575 is over the 550.
Edited by 21ATS on Wednesday 4th September 21:31
There was no premium for a manual 575, when I bought mine in 2009 it was £15k less than the equivalent F1 and a number of people on CS said I was buying the wrong one and should spend a bit more for an F1!!!
I've had the aforementioned 575 Manual and several 550's and in my view the 550 is a better car as it feels a bit more raw. I also prefer the instrument dials and more classic interior.
I've had the aforementioned 575 Manual and several 550's and in my view the 550 is a better car as it feels a bit more raw. I also prefer the instrument dials and more classic interior.
21ATS said:
I've gradually come to a similar conclusion about the appearance of the 550 internally and out.
I'm also an absolute sucker for diamond stitched parcel shelves and headliners.
The rear shelf was an expensive option via the Carozzeria Scaglietti program, but can be done by any good trimmer. My 575 had it too.I'm also an absolute sucker for diamond stitched parcel shelves and headliners.
21ATS said:
The LHD argento car at KHPC is an import from Japan with sketchy history. Information I got second hand - so not gospel but worth checking.
Seems surprising as KHPC told me it’s been imported from Europe (Italy and Germany) and yes the history is dodgy but they have followed this car for 5 years and sold it twice. I trust KHPC reputation and would do a thorough PPI anyway. I am going to see it this car and see what comes out. I would certainly not offer £60k for it if I was to make an offer.
It is def agree it’s a buyer’s market, and I quite like the idea of buying a classic in LHD configuration - which should play in my favour given the political and economic environment .
I am also curious to see what the Silverstone auction brings.
21ATS said:
...The KHPC one is the one that's still French registered right?...
No. But keep guessing! It has been in the UK and UK-registered since 2014. It was in Germany before that and was exhibited at Techno Classica in Essen in 2014 by Classic Car Pool.Edited by jtremlett on Saturday 7th September 18:52
Edited by jtremlett on Saturday 7th September 18:53
So I saw the car today - the history isn’t great pre-2014, although acceptable at least back to 2009... pretty inexistant before that as they lost the service book. Never a good omen on Ferrari’s.
Since 2014, the car seems to have been thrown cash at to make up for the earlier european years.
The car is mechanically very good, but cosmetically although well sorted (inc no sticky button) it’s no concours super model. But new clutch and plenty of new stuff on it.
I put an offer in, KHPC will submit it to the owner on Monday and will get back to me. Fingers crossed.
I now need to sell my E93 M3 to clear the space in the garage next to the 430.
Since 2014, the car seems to have been thrown cash at to make up for the earlier european years.
The car is mechanically very good, but cosmetically although well sorted (inc no sticky button) it’s no concours super model. But new clutch and plenty of new stuff on it.
I put an offer in, KHPC will submit it to the owner on Monday and will get back to me. Fingers crossed.
I now need to sell my E93 M3 to clear the space in the garage next to the 430.
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