550 Advice

Author
Discussion

P D

322 posts

227 months

Friday 24th February 2006
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There is a report on the 550/F512M/Daytona in Octane magazine this month. Love the 550 and the 575 fantastic cars and go like stink.

sjw ferrari

218 posts

219 months

Friday 24th February 2006
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jdh1 said:
I've never bought a Ferrari from a main dealer before (which is an option on this) though bought several Porches. What sort of room for negotiation is there likely to be? 3k-4k on a 60k car is my Porsche experience. Are Ferrari any better/worse?


I would say about the same, i have bought a couple of ferrari's from main dealers, they all start off by saying they can only knock a few hundred off but give it a week or so and haggle hard you should get decent chunk off, if you do buy private, get it inspected and get a power warrenty, might seem dear at 2k but if something goes bang it could be expensive and you have the peace of mind knowing its covered!!

joelk

175 posts

257 months

Saturday 25th February 2006
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I managed to hanggle £5k off the £60k price tag at a main dealer last year. First registered interest in Oct, & went in low and let them stew on it. It was still there in Jan when I re-offered - and they wanted to shift it. Slowly slowly, catchie monkey...

Power warantees are good to have, especially for peace of mind on your first Ferrari, but not essential as a- they don't cover everything and b- 550's are usually pretty reliable.

PS- mine is argento silver, with red/burgendy leather interior.

What I would say is essential is a Tubi Style exhaust. Makes a massive difference, primarily to the grin level on my face when driving it. Would recommend you try one with and one without to see if the difference is important for you.

Enjoy.

JK

gt2man-2

1,042 posts

256 months

Saturday 25th February 2006
quotequote all
joelk said:
I managed to hanggle £5k off the £60k price tag at a main dealer last year. First registered interest in Oct, & went in low and let them stew on it. It was still there in Jan when I re-offered - and they wanted to shift it. Slowly slowly, catchie monkey...


Is that haggling £5K off, or was it a case of the car becoming a year older and depreciating between first offer and purchase ?

When buying from a dealer find out if the car is SOR or not. If so, there's a greater chance that the price is more flexible

jdh1

Original Poster:

1,015 posts

240 months

Saturday 25th February 2006
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This is getting more complicated!

Went to see a car today...'97 550 with 12k miles in excellent condition but with half a rugby team of previous owners. Can be had for around £56k. Alongside it is 2002 575M with 7k miles, sports exhaust, handling pack and one owner. Can be had for around £77k.

Both are excellent colour combos.

So...which would be better buy given that value for money is more important than purchase price? That is, I want to get best car for money and one that will cost/lose least over next couple of years.

£21k seems a pretty small gap to cover the 5 year and 6 owner difference between the cars...or does it?

gt2man-2

1,042 posts

256 months

Saturday 25th February 2006
quotequote all
Ignore the number of previous owners, it's not uncommon for a Ferrari to have as many as half a dozen owners in it's first year, particularly if it's an early car.

I would go for the 575, it's supposed to be a better car, and "just" 21K cheaper for a car 5yrs younger seems good value.

sjw ferrari

218 posts

219 months

Sunday 26th February 2006
quotequote all
jdh1 said:
This is getting more complicated!

Went to see a car today...'97 550 with 12k miles in excellent condition but with half a rugby team of previous owners. Can be had for around £56k. Alongside it is 2002 575M with 7k miles, sports exhaust, handling pack and one owner. Can be had for around £77k.

Both are excellent colour combos.

So...which would be better buy given that value for money is more important than purchase price? That is, I want to get best car for money and one that will cost/lose least over next couple of years.

£21k seems a pretty small gap to cover the 5 year and 6 owner difference between the cars...or does it?
The number of owners is not quite as important as the history, Were these cars in main dealers?? the 575 sounds a good price, think i would go for that as GT2 said better car long term, altough if you are looking at not losing too much money the 550 will always be worth mid 40's if a good 1 where as the 575 could drop a bit more % wise, good luck!!

jdh1

Original Poster:

1,015 posts

240 months

Sunday 26th February 2006
quotequote all
sjw ferrari said:
jdh1 said:
This is getting more complicated!

Went to see a car today...'97 550 with 12k miles in excellent condition but with half a rugby team of previous owners. Can be had for around £56k. Alongside it is 2002 575M with 7k miles, sports exhaust, handling pack and one owner. Can be had for around £77k.

Both are excellent colour combos.

So...which would be better buy given that value for money is more important than purchase price? That is, I want to get best car for money and one that will cost/lose least over next couple of years.

£21k seems a pretty small gap to cover the 5 year and 6 owner difference between the cars...or does it?
The number of owners is not quite as important as the history, Were these cars in main dealers?? the 575 sounds a good price, think i would go for that as GT2 said better car long term, altough if you are looking at not losing too much money the 550 will always be worth mid 40's if a good 1 where as the 575 could drop a bit more % wise, good luck!!


Yes, both at main dealers. Your comments mirror my thoughts exactly...575 seems a good deal/better car but will lose more money...unless the older car goes wrong and needs more spending on it. Just don't know.

sir mp

1,288 posts

260 months

Monday 27th February 2006
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This vehicle was also advertised in the autotrader
http://tinyurl.com/7j4dg

Mp

F355GTS

3,723 posts

256 months

Monday 27th February 2006
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John

have sent you an e-mail

f328nvl

507 posts

219 months

Monday 27th February 2006
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Bought mine in November from Maranello: Silver/Burgundy (to save my blushes spelling). Got 6k movement in p/ex cash to change. I still have a spreadsheet with all the cars in the UK for sale on it if anyone wants a copy. Look on Fcars.net for the full story (if that's allowed to be mentioned here)

jdh1

Original Poster:

1,015 posts

240 months

Saturday 4th March 2006
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Many thanks for all the help and advice. Placed a deposit on a low mileage 2002 Pozzi blue 575M with sports seats, handling pack and sports exhaust today. Picking up next week.

F355GTS

3,723 posts

256 months

Saturday 4th March 2006
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John

Nice one!, I traded up to a 575 too, pick it up on 20th

Post some pics up

>> Edited by F355GTS on Saturday 4th March 22:02

jdh1

Original Poster:

1,015 posts

240 months

Sunday 5th March 2006
quotequote all
F355GTS said:
John

Nice one!, I traded up to a 575 too, pick it up on 20th

Post some pics up

>> Edited by F355GTS on Saturday 4th March 22:02


Should have mine next weekend. Slightly different blue to yours and manual. Haven't got a clue how to post photo's!

annsxman

295 posts

243 months

Monday 6th March 2006
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550s look just as good in Rosso Corsa as any other colour.

As for interior trim I would avoid Crema leather as it's a pig to keep clean. Mine has tan leather which is a better compromise.

3200gt

2,727 posts

225 months

Monday 6th March 2006
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annsxman said:
550s look just as good in Rosso Corsa as any other colour.

As for interior trim I would avoid Crema leather as it's a pig to keep clean.


1) Currently considering a 550 but only in red! I'll wait for the right car to find me.
2) Have cream interior on the 3200gt and eventually got fed up with the hassle and put black front seats in it for ease of use! Keeping the cream ones for when its sale time.