575M and Superamerica Technical Thread - Page 44 - Ferrari Life
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post #861 of 885 Old 04-10-2017, 05:55 PM
 
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Quote:
Originally Posted by tazandjan View Post
Steve- Just buy the California outright. Not that expensive compared to a Superamerica and those continue to appreciate. Good used Californias are affordable right now. So are FFs, but the tops do not come down.
Hello Steve,

For your reference there are three 575 SuperAmericas for sale at Miller MotorCars in the US, as follows.

1. 1,500 miles, F1: $439,900
2. 6,200 miles, F1: $419,900
3. 11,800 miles, 6-speed manual: $769,900

Quality Pre-Owned Ferrari sales near Greenwich, CT | CT Ferrari Dealer

So if by any chance yours is a 6-speed manual, then you hit the jackpot and can buy any California of your wife's choice

The 6-speed manual price is an 83% premium over the 6,200 mile car and it has double the mileage! So the 6-speed manual gearbox trumps all other options and car condition. Amazing!

I started my Ferrari search 4 years ago by looking at the 575 SuperAmerica model, but just missed it's pre-vertical price jump by only a few months to the unaffordable prices of today (for me)...but I'm happy for you.

Regards,
Gianni

1999 Ferrari 550 Maranello FHP; 1999 Ferrari 456M GT; 1996 Buick Riviera; 2008 Bentley GT; 2010 Lotus Evora; 1969 Alfa Romeo 1750 GTV;
Past cars: 1965 Corvette Stingray Roadster; 1974 Corvette Stingray.
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post #862 of 885 Old 04-11-2017, 05:40 AM
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Gianni, given your numbers, I cannot keep up with the market trend.

w/ smiles
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post #863 of 885 Old 04-11-2017, 08:56 PM
 
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Ferrari has nothing to do with logical economics...

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Originally Posted by Italian Lover View Post
Gianni, given your numbers, I cannot keep up with the market trend.

w/ smiles
Jimmy
Hello Jimmy,

I can't keep up with the market trend either, but you'll have to ask Miller MotorCar about how they come up with their numbers. But I do recall that a year ago, 575 SuperAmercas (with F1 gearbox) were selling for $500,000+, so they have come down in price about 10%-15%. Maybe this is the start of another trend?

But just because one individual at an auction decides to pay some silly price for a 575 SuperAmerica with manual gearbox, does that mean it's now the market price?

I guess it does if someone else is willing to pay that same silly price, but it may be a very long time before the next person pays $750,000+ for a 575 SuperAmerica with a manual gearbox.

The higher the price, the smaller the market, the lower ROI as time passes without making a sale...the economics just don't work! But then buying a Ferrari has nothing to do with logical economics.

Regards,
Gianni

1999 Ferrari 550 Maranello FHP; 1999 Ferrari 456M GT; 1996 Buick Riviera; 2008 Bentley GT; 2010 Lotus Evora; 1969 Alfa Romeo 1750 GTV;
Past cars: 1965 Corvette Stingray Roadster; 1974 Corvette Stingray.
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post #864 of 885 Old 04-12-2017, 04:49 AM
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Gianni, I concur with your last assessment that buying F cars is not a logical decision.

w/ smiles
Jimmy

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post #865 of 885 Old 04-13-2017, 08:25 AM Thread Starter
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We have to remember there were only 39 Superamericas with 3 pedals, 6 of which were for the RHD UK market. Pretty rare.
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post #866 of 885 Old 04-14-2017, 06:43 AM
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Quote:
Originally Posted by Gianni View Post
Hello Jimmy..............just because one individual at an auction decides to pay some silly price for a 575 SuperAmerica with manual gearbox, does that mean it's now the market price?............................

Regards,
Gianni
Gianni, when this Easter Sunday, a buyer and a seller agree on the price for a piece of property, any piece of property, and conclude the purchase/sale, that is the very definition of 'the market'. For that particular piece of property and those two people - on Easter Sunday 2017. Your question illustrates my pointy exactly. At that auction on that day the market for that manual transmission 575 SuperAmerica was that 'silly' price. Except for those two 'market' participants, it wasn't silly, it was the market. And because it was an auction, on that day there was at least one other buyer for whom the market was his last unsuccessful bid.

P.S. the current Ferrari Market Letter lists 18 550's for sale, a few around and just above $100K and a few a little under $200K (one over) and 9 575M's most around mid-$150's except for three pedals that are above $200K

Yes, there is such a thing as a 'general market' - the notion that for many people interested generally in a certain type of property there is a sense of what the market ought to be for an undefined specimen. Eight to ten months ago you couldn't find a 550 Maranello offered for sale, except in one of the high-end auctions and then for crazy-high estimates. A very few sold at auction at high numbers, well above $200K. The dealers thought that there were lots of buyers lusting for three-pedal Maranellos and were quietly buying more and holding the cars they had off the market.

Right now eBay alone has ten 550s on offer, not a single one asking $200K or more. The asking prices range from $199,899 down to $108,500 for a '97 giallo modena/nero with 45,606 miles. Why are those 550s not selling? The 'market' of 18 months ago is not the 'market' today. You want a three-pedal Maranello? Now is the time to buy. Go see one of those dealers. I'll bet you can negotiate a VERY attractive price.

Seth
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past: 330/365GTC speciale, F355b, 412GT, 400iA, 308GT4 2+2, 330GT 2+2, Porsche 356b Super 90, BMW 1800ti

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Last edited by intrepid; 04-15-2017 at 11:34 AM.
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post #867 of 885 Old 04-16-2017, 02:23 AM
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So just to let you know that my SA is still going well after all these years now and in great shape. Roof intact although with some trepidation I participated in the 70th Anniversary celebrations here in HK, which turned out to be a very wet weekend and therefore the first time I have driven the car so much with to top closed....but kept the sport settings "off" so there was not too much bumping and twisting of the chassis to put pressure on the roof. The car performed well and I think I may have blown a few cobwebs out as it is performing better than ever (touch wood).
And still looks great!
Have a look at the official Ferrari FOCHK Video....

Cheers
PAUL
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575 Superamerica Rosso Corsa/Nero F1 HGTC RHD #145108

Last edited by Sir Paul; 04-16-2017 at 02:24 AM. Reason: Wrong video link. Corrected/.
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post #868 of 885 Old 04-16-2017, 03:39 AM
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Paul, very nice event despite the weather. Glad to hear that your SA is in fine condition.

Not related to this thread but that 288 GTO could be the one I owned...if she is still in HK.

Thanx for that wonderful video.

w/ smiles

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post #869 of 885 Old 04-16-2017, 03:41 AM
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Still in HK as part of a collection along with the F40 you can see too. Paul

575 Superamerica Rosso Corsa/Nero F1 HGTC RHD #145108
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post #870 of 885 Old 04-16-2017, 03:55 AM
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Still in HK as part of a collection along with the F40 you can see too. Paul
That's good. No doubt she is taken care well.

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post #871 of 885 Old 04-16-2017, 10:38 AM Thread Starter
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Paul- She looks great and obviously the cameraman for the video liked her, too. Wish I had the extra 25 hp she has over my 575M, but the hot rod modifications they did to the SA engine are too extensive and difficult to duplicate. I need a set of Fabio's headers.

Taz
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post #872 of 885 Old 04-16-2017, 06:32 PM
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Thanks Terry.
Yes, we got more of our fair share of appearances in the video!
I think I was the only registered unique model during the run. There was an F40 and 288GTO plus of course the new La Ferrari Aperta on show, but all the other cars had lots of examples. Mainly 599s, 430s, Californias and 458s.

If you say the hot rod mods for the extra 25 Hp are too difficult to replicate, then by George they must be !
Regards
PAUL

575 Superamerica Rosso Corsa/Nero F1 HGTC RHD #145108
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post #873 of 885 Old 04-16-2017, 06:34 PM
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Jimmy
Very well cared for. I will post a couple of pictures in the Supercar 288 section of the Forum.
PAUL

575 Superamerica Rosso Corsa/Nero F1 HGTC RHD #145108
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post #874 of 885 Old 04-17-2017, 04:44 AM
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Jimmy
Very well cared for. I will post a couple of pictures in the Supercar 288 section of the Forum.
PAUL
Paul, appreciate your thoughts and have seen your uploads showing her in excellent care and use.

Saying that, I repeat, it is mixed emotions for me. Flashbacks ?

Oh well, what was that phrase (?),...onwards and upwards ?

Thanx again.

w/ smiles
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Last edited by Italian Lover; 04-17-2017 at 07:18 PM. Reason: spell
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post #875 of 885 Old 04-19-2017, 08:13 AM
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Quote:
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So just to let you know that my SA is still going well after all these years now and in great shape. Roof intact although with some trepidation I participated in the 70th Anniversary celebrations here in HK, which turned out to be a very wet weekend and therefore the first time I have driven the car so much with to top closed....but kept the sport settings "off" so there was not too much bumping and twisting of the chassis to put pressure on the roof. The car performed well and I think I may have blown a few cobwebs out as it is performing better than ever (touch wood).
And still looks great!
Have a look at the official Ferrari FOCHK Video....
https://www.youtube.com/watch?v=TPNcfILrL2Q

Cheers
PAUL
Ciao PAUL,

I watched the video, great event, unfortunately it rain ... but wonderful !!!
your SA is simply lovely ..... compliments!

Best Regards

Fabio

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post #876 of 885 Old 04-20-2017, 04:38 AM
 
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SuperAmerica in Hong Hong 70th Celebration

Quote:
Originally Posted by Sir Paul View Post
So just to let you know that my SA is still going well after all these years now and in great shape. Roof intact although with some trepidation I participated in the 70th Anniversary celebrations here in HK, which turned out to be a very wet weekend and therefore the first time I have driven the car so much with to top closed....but kept the sport settings "off" so there was not too much bumping and twisting of the chassis to put pressure on the roof. The car performed well and I think I may have blown a few cobwebs out as it is performing better than ever (touch wood).
And still looks great!
Have a look at the official Ferrari FOCHK Video....
https://www.youtube.com/watch?v=TPNcfILrL2Q

Cheers
PAUL
Hello Paul,

Many thanks for the photos and video...great to see your gorgeous SA shine through the spring rain. Do you have any interior and engine photos to share?

Glad you enjoyed the 70th celebration and happy that this SA is in good hands.

Regards,
Gianni

1999 Ferrari 550 Maranello FHP; 1999 Ferrari 456M GT; 1996 Buick Riviera; 2008 Bentley GT; 2010 Lotus Evora; 1969 Alfa Romeo 1750 GTV;
Past cars: 1965 Corvette Stingray Roadster; 1974 Corvette Stingray.
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post #877 of 885 Old 04-20-2017, 04:42 AM
 
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only 39 Superamericas with 3 pedals

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Originally Posted by tazandjan View Post
We have to remember there were only 39 Superamericas with 3 pedals, 6 of which were for the RHD UK market. Pretty rare.
Hello Terry,

Many thanks for the SA statistics, I'll add it to my list...and you are right as usual...at only 39 575M SuperAmericas, it is truly a rare edition...but sadly, it's value if far beyond my budget...but I get it now.

Best regards,
Gianni

1999 Ferrari 550 Maranello FHP; 1999 Ferrari 456M GT; 1996 Buick Riviera; 2008 Bentley GT; 2010 Lotus Evora; 1969 Alfa Romeo 1750 GTV;
Past cars: 1965 Corvette Stingray Roadster; 1974 Corvette Stingray.
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post #878 of 885 Old 04-20-2017, 04:49 AM
 
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Jimmy
Very well cared for. I will post a couple of pictures in the Supercar 288 section of the Forum.
PAUL
Hello Jimmy,

Could not find your 288 photos, can you please direct me to them? Looking forward to seeing them!

Thanks,
Gianni

1999 Ferrari 550 Maranello FHP; 1999 Ferrari 456M GT; 1996 Buick Riviera; 2008 Bentley GT; 2010 Lotus Evora; 1969 Alfa Romeo 1750 GTV;
Past cars: 1965 Corvette Stingray Roadster; 1974 Corvette Stingray.
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post #879 of 885 Old 04-20-2017, 06:11 AM
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Jimmy and I posted those photos in the Supercar 288.... section

http://www.ferrarilife.com/forums/su...rari-70th.html

Enjoy
PAUL

575 Superamerica Rosso Corsa/Nero F1 HGTC RHD #145108
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post #880 of 885 Old 04-20-2017, 12:17 PM
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Hello Jimmy,

Could not find your 288 photos, can you please direct me to them? Looking forward to seeing them!

Thanks,
Gianni
Hello Gianni,

You can find them under the SuperCar heading, titled as 288GTO Search Completed with over 148 pages and hundreds of photos of my GTO...as OP of Italian Lover.

w/ smiles
Jimmy
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