550 Maranello article - they'll be £200k before you know it!
Discussion
It's very hard to work out what will happen next. Of course there is the downturn, but we're also seeing huge amounts of money being printed. That has to end up somewhere, and it's likely going to go to assets at some point given the continual QE meaning money keeps being devalued over time.
ferrisbueller said:
I recognise it. Was it owned by someone who has posted on these forums?
Mine was identical with same wheels and spec and has been posted on here, but its not the same car. Mine still for sale on eBay for £90k I think. Someone might get a bargain with the auction one today!phib said:
This will be interesting to watch !
https://collectingcars.com/for-sale/2000-ferrari-5...
£54,500https://collectingcars.com/for-sale/2000-ferrari-5...
FezSpider said:
Wow does anyone know if thats a good car? So £61k landed at front door? What a super buy if she's a nice one. Looks lovely in red really suits the car.Video of it here, looks like it was owned by Kent high performance cars.
https://youtu.be/DRbV-eEVJaw
https://youtu.be/DRbV-eEVJaw
There is another coming soon if you don't mind silver.
https://collectingcars.com/for-sale/2002-ferrari-5...
https://collectingcars.com/for-sale/2002-ferrari-5...
cayman-black said:
There is another coming soon if you don't mind silver.
https://collectingcars.com/for-sale/2002-ferrari-5...
That doesn't look like the same kind of level as previous one. https://collectingcars.com/for-sale/2002-ferrari-5...
Jonny TVR said:
cayman-black said:
There is another coming soon if you don't mind silver.
https://collectingcars.com/for-sale/2002-ferrari-5...
That doesn't look like the same kind of level as previous one. https://collectingcars.com/for-sale/2002-ferrari-5...
The red 575 was a dealer "trade" sale - bought from KHPC. No real difference from buying from their forecourt with the same backup.
The Silver 575 is a private sale - very different status and will be interesting to see what the price differential will be and if bidders fundamentally understand the ramifications of the different status on this platform.
I've been looking for a 575 for a while, then drove a manual and realised it's actually a 550 I wanted.
The prices we're seeing now are what these cars have realistically been "worth" for some time. Advertised asking prices and what these have been changing hands for are two very different things.
Worth bearing in mind even now we're only back down to circa 2015 values.
IMO they have further to fall but it's going to take some time - next year I think when what's happening now has had time to really bite.
The Silver 575 is a private sale - very different status and will be interesting to see what the price differential will be and if bidders fundamentally understand the ramifications of the different status on this platform.
I've been looking for a 575 for a while, then drove a manual and realised it's actually a 550 I wanted.
The prices we're seeing now are what these cars have realistically been "worth" for some time. Advertised asking prices and what these have been changing hands for are two very different things.
Worth bearing in mind even now we're only back down to circa 2015 values.
IMO they have further to fall but it's going to take some time - next year I think when what's happening now has had time to really bite.
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