575M Mileage - Ferrari Life
 
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post #1 of 11 Old 03-24-2015, 03:40 PM Thread Starter
 
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575M Mileage

Hi guys,

My second post here in the hope of finding my first Ferrari...

I have been looking at a 575 which looks to have nearly 100000km / 60000 miles on the clock.

From your experience should this level of mileage be of concern to me? Is the value of the car substantially diminished, or is it more a case of the level of servicing that is important.

Furthermore, is there anything I should really be giving thought to in respect of maintenance with such mileage - i.e. parts that are likely to be at the end of their lifespan?

My sincere thanks in advance for any help that you can provide.

Kind regards,

Tim
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post #2 of 11 Old 03-24-2015, 07:40 PM
 
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Are all the service records available? What year is it? How many owners? Used in a car club(i.e. people share a car).
Look at cars with low miles < 20,000 and see what they are going for. High mileage cars are harder to sell. From there you could get an idea. Better yet hire a Ferrari expert/tech to guide you through the process.
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post #3 of 11 Old 03-24-2015, 08:40 PM
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Tim- Welcome to Ferrari Life. In general, any late model Ferrari like a 575M with high mileage will be worth less and have a smaller market than one with lower mileage, obviously. For a smart buyer, though, that could mean getting a bargain on a Ferrari that is really tough if well maintained. About the only big problems on 575Ms are shrinking leather and clutches that do not last long with owners who do not drive F1 well. The engine and drive train tend to be very tough with good maintenance. Power steering low pressure hoses have also been a problem on all the Maranellos.

Taz
Terry Phillips

Present: 575M 135171
Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.
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post #4 of 11 Old 03-25-2015, 12:40 AM Thread Starter
 
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Thanks guys,

This one has a full service history and a recent cambelt change and oil service inc new rotors and pads.

It has had 4 owners and is a 2003. Seems that most of the miles were added over a 3 year period of ownership starting around 2008.

The car would cost around $72,000 USD / 48000 GBP. This seems reasonable to me compared to others, but I'm still concerned over the high mileage.
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post #5 of 11 Old 03-25-2015, 01:36 AM
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Quote:
Originally Posted by CerberaNZ View Post
From your experience should this level of mileage be of concern to me?

Is the value of the car substantially diminished, or is it more a case of the level of servicing that is important.

Furthermore, is there anything I should really be giving thought to in respect of maintenance with such mileage - i.e. parts that are likely to be at the end of their lifespan?
In that order:

No, if it has been properly serviced by an expert, i.e. Ferrari main agent or reputable specialist.

Yes, but that is the way with Ferraris: the market values low mileage cars over nicely run in ones.

Ask Terry - he knows more about 575s than Jeremy Clarkson knows about upsetting people.

If you want to drive the car, buy it. If you want to polish it, buy a low mileage example. Either way, enjoy yourself: owning a Maranello has been one of the high points of my life.

Best wishes, John
Ferrari: 550 Maranello S/N 110995, Dino 246 GT S/N 6934
Other: 1990 Bentley Turbo R, 1989 Porsche 911 C2, 2004 Mercedes 500CLK, 2011 Mercedes E350 CDI, 1972 VW T2 Camper, 2014 Fiat 500C, 1963 Jaguar E-type 3.8 FHC, 2015 Maserati Granturismo Sport
Website: http://bluebottleonline.com/
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post #6 of 11 Old 03-25-2015, 02:01 AM
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Quote:
Originally Posted by Bluebottle View Post
In that order:

If you want to drive the car, buy it. If you want to polish it, buy a low mileage example. Either way, enjoy yourself: owning a Maranello has been one of the high points of my life.

John,

1000% agree with you!

Fabio

PRESENT: 575 F1 HGTC ROSSO CORSA 2004' - MB CLS 350 CGI 2007'
PAST: 550 ROSSO CORSA 1998' - MB CLK 240 2002'
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post #7 of 11 Old 03-25-2015, 07:26 AM
 
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Quote:
Originally Posted by Bluebottle View Post
In that order:


Ask Terry - he knows more about 575s than Jeremy Clarkson knows about upsetting people.

.
Well you haven't put Terry in a situation where a steak dinner is involved, who know what Terry will do.

On a slightly more serious note, I am shocked that over a million people wanted Jeremy back after he physically attacked the producer. I guess the question should have been "Would you want to work with Jeremy after he gave you a bloody thrashing" .
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post #8 of 11 Old 03-25-2015, 01:12 PM
 
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Quote:
Originally Posted by tazandjan View Post
Tim- Welcome to Ferrari Life. In general, any late model Ferrari like a 575M with high mileage will be worth less and have a smaller market than one with lower mileage, obviously. For a smart buyer, though, that could mean getting a bargain on a Ferrari that is really tough if well maintained. About the only big problems on 575Ms are shrinking leather and clutches that do not last long with owners who do not drive F1 well. The engine and drive train tend to be very tough with good maintenance. Power steering low pressure hoses have also been a problem on all the Maranellos.
Good advice Mr.Terry.
Thanks
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post #9 of 11 Old 03-29-2015, 06:44 PM
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i bought my '04 575 with a little over 20k miles few years ago….just crossed 60k miles.

been a fantastic and very reliable car.
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post #10 of 11 Old 03-30-2015, 08:55 AM
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Affirmative, there were several things done to the 575M different from the 550 that have enhanced longevity. Sintered steel valve guides, steel connecting rods, Mannesmann-Sachs shocks and actuators, coil on plug ignition (no high voltage through spark plug wires), improved cooling system (same radiator, better shroud and pump internals/pulley), etc. have all contributed to longer life of the drivetrain components.

Taz
Terry Phillips

Present: 575M 135171
Past: Dino 246 GT 02984, 365 GTB/4 14009, 308 GTS 25125

Every day I look around, and if nobody is shooting at me, it is a pretty good day.
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post #11 of 11 Old 03-30-2015, 10:32 AM
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Quote:
Originally Posted by tazandjan View Post
Affirmative, there were several things done to the 575M different from the 550 that have enhanced longevity. Sintered steel valve guides, steel connecting rods, Mannesmann-Sachs shocks and actuators, coil on plug ignition (no high voltage through spark plug wires), improved cooling system (same radiator, better shroud and pump internals/pulley), etc. have all contributed to longer life of the drivetrain components.
+1

Fabio

PRESENT: 575 F1 HGTC ROSSO CORSA 2004' - MB CLS 350 CGI 2007'
PAST: 550 ROSSO CORSA 1998' - MB CLK 240 2002'
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