550 advice
Author
Discussion

Obiwonkeyblokey

Original Poster:

5,400 posts

270 months

Wednesday 21st May 2008
quotequote all
I have recently sold an E60 M5 and am looking to replace with with something more fun. On the list are a DB9 and a 550.

Ive been offered a 2001 550 in blue with 50k. for 49,995. Its demo +1 and had a cam belt change 18 months ago. fell ferrari main dealer history.

Does this sseem like the right price? and are there any particular things I should look out for?

Thanks in advance.

Owen

dazren

22,612 posts

291 months

Wednesday 21st May 2008
quotequote all
Just had a look through the classifieds. Isn't £50k for a 50k miler a bit pricey? How easy is it going to be to sell in the future.

http://www.pistonheads.com/sales/list.asp?s=219&am...

Obiwonkeyblokey

Original Poster:

5,400 posts

270 months

Wednesday 21st May 2008
quotequote all
HI Daz


Thats what I was thinking, Its Doms car and we have been chatting about ti since he sold my M5 for me. It does seem a little pricety when compared to some of the others on there, but I would only do low mileage in it anyway over a year or so.....Im thinking there should be room in the price, but should I look at a lower mileage but older car instead?

Edited by Obiwonkeyblokey on Wednesday 21st May 13:49

Burba

1,870 posts

287 months

Wednesday 21st May 2008
quotequote all
shameless plug - but buy my blue one!!!! less miles, lower price and just recently serviced!
it's with Elms as that's where i purchased it - selling to fund a wedding rolleyes
..but i'll be back in one shapre or form!

DS6912

5 posts

244 months

Saturday 24th May 2008
quotequote all
Apologies to divert thread slightly, but regarding the car at Elms (just saw it this am) - would they do a good deal, as looking to change my 355GTS and a 550 experience could be just what I need?

Obiwonkeyblokey

Original Poster:

5,400 posts

270 months

Tuesday 27th May 2008
quotequote all
im trying to weigh up the following

for example a 1998 with 15k for the same price as a 2001 with 50k. assuming both had 2-3 owners and full ferrari history and were in good condition. which one would you go for? the older one with lower mileage or the newer one with more miles but potentially more difficult to sell later.

thanks

O

graeme36s

7,227 posts

247 months

Tuesday 27th May 2008
quotequote all
out of interest did the 550 come with the F1 gearbox or was this option only with the 575, sorry for thread hijack

jonny5

3,526 posts

304 months

Tuesday 27th May 2008
quotequote all
graeme36s said:
out of interest did the 550 come with the F1 gearbox or was this option only with the 575, sorry for thread hijack
only the 575 afaik

BillyWhiz

255 posts

249 months

Tuesday 27th May 2008
quotequote all
It seems a bit pricey. I paid £47k for a 2000 car with 34k miles on it. Mint condition too.

Having said that, since I bought it in December I've spent a few quid - 4 new tyres, major service, repair to aircon, new discs/pads all round, sports exhaust, car cover, winter under body treatment. I've probably spent £7k, but could have avoided a few grand of it e.g. needn't have put exhaust on it and could have delayed brakes and tyres etc, but the car is now spot on and how I like it smile

Chances are that any car you buy will need something doing to it.

Dean


F355GTS

3,873 posts

285 months

Tuesday 27th May 2008
quotequote all
jonny5 said:
graeme36s said:
out of interest did the 550 come with the F1 gearbox or was this option only with the 575, sorry for thread hijack
only the 575 afaik
thumbup


F355GTS

3,873 posts

285 months

Tuesday 27th May 2008
quotequote all
Obiwonkeyblokey said:
im trying to weigh up the following

for example a 1998 with 15k for the same price as a 2001 with 50k. assuming both had 2-3 owners and full ferrari history and were in good condition. which one would you go for? the older one with lower mileage or the newer one with more miles but potentially more difficult to sell later.

thanks

O
Age on these cars is not as important as condition/ mileage, I'd go with the lower mileage one

paul0843

2,006 posts

237 months

Tuesday 27th May 2008
quotequote all
the 550s a fantastic car but i would stretch a bit and buy a 575...even main dealers have them in the early 60s...

Jonty355

4,423 posts

243 months

Wednesday 28th May 2008
quotequote all
paul0843 said:
the 550s a fantastic car but i would stretch a bit and buy a 575...even main dealers have them in the early 60s...
Ive heard the handling wasn't as good on the 575 unless you get the GTC sports pack on it. The 550 was sorted from the start apparently.

BillyWhiz

255 posts

249 months

Wednesday 28th May 2008
quotequote all
The 575's are becoming bloody good value, but you do need the handling pack. Also, most of them for sale appear to be with F1 'boxes, which doesn't interest me in the slightest.

A low mileage 550 in good condition for £50k or less is a lot of car for the money.

I was up in Swaledale a couple of weeks ago (top end of N Yorks) and the drive back early Sunday via Hawes, Grassington etc was out of this world. I never had that much fun in my 911. The sports bikes on those twisty roads were getting in the way. Bloody great cars.....

Obiwonkeyblokey

Original Poster:

5,400 posts

270 months

Wednesday 28th May 2008
quotequote all
Thanks Guys for the advice.

MogulBoy

3,066 posts

253 months

Wednesday 28th May 2008
quotequote all
Here's a nice 5k miles car for £50k (at the current FX rate re Switzerland).

Is this one Pozzi blue?

http://www.autoscout24.ch/AS24Web/Detail.aspx?lng=...


Kickstart

1,120 posts

267 months

Wednesday 28th May 2008
quotequote all
With a bit of looking good 550's start at about £40k - I think there is a lot of sense buying a pre 2001 car as the road tax rates for pre 2001 cars are capped to very low levels but the 2001 on cars are likely to face much bigger bills.
Now before anyone says anything - it is relatively small beer compared to running a 550 but I hate paying out unnecessary cash to that Scottish git.