Seeking 550 Barchetta - Ferrari Life
 
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post #1 of 20 Old 07-11-2014, 06:04 PM Thread Starter
 
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Seeking 550 Barchetta

All cash principal seeking a 550 Barchetta for sale in the US. Preference for FHP option. Will be used as a regular DD so a higher mileage example if fine for me. Open on colors. Kindly PM me if you know of any available. Thank you.
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post #2 of 20 Old 07-12-2014, 05:59 AM
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post #3 of 20 Old 07-12-2014, 08:18 PM
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Monterey

2001 Ferrari 550 Barchetta offered for auction | Hemmings Motor News

http://www.rmauctions.com/lots/lot.c..._campaign=MO14




Nice one. No connection or affiliation.

I do not understand the import duty line.


Scott

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post #4 of 20 Old 07-13-2014, 06:23 AM
 
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If you look at the "location" on the Hemming's page it says Monterrey CA, Canada. The car is a Canadian car. If it's taken back to Canada, no duty. If it's titled in the US, then US duty
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post #5 of 20 Old 07-13-2014, 07:24 AM
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Didn't make sense to me the Canada after California. Thank you.

Canadian car should not need any DOT conversion/ correct-same spec as US?

Hard to know what it will bring.

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I have regretted often, but repented never. Is this a good thing? -Enzo Ferrari
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post #6 of 20 Old 07-14-2014, 05:43 AM Thread Starter
 
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I don't want to do an auction. To much headache for me. Only interested in a US model with FHP option. I'm totally flexible on mileage, colors and other options. I'd actually prefer a higher mileage example that has been well maintained (with receipts to prove it) and is properly sorted. Will use as one of my DD's in Long Island, NY. I think when winter hits us some nice examples will hit the marketplace.
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post #7 of 20 Old 07-14-2014, 11:59 AM
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Presumably you've chatted with Miller MC FoLI and FONE. They usually know where they are and who might be willing to sell?

Just curious- not interested in SuperAmerica?

GL

pictures when you execute please.

Scott

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post #8 of 20 Old 07-14-2014, 03:28 PM
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There was a blk blk 5k mile SA for 145k.

It has a minor accident years ago in a parking lot - original owner car.
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post #9 of 20 Old 07-18-2014, 04:15 PM Thread Starter
 
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I've checked around locally and nationally for a nice driver level but clean 550B. Nothing available at this particular second. Not interested in auction so I will wait. If something comes up on a 550B I'll be a ready to pounce. Not interested in 575SA due to roof issues. I think the 575SA will be chased by the roof problems which sucks because it really is a beautiful an awesome machine. The 575SA prices may be held down by the roof issues. I like the 550B as it really is a true spider with the roof almost as an after thought (ala Porsche speedster). My fear is that at some point the 550B will pop as there are so few of them and eventually collectors will wake up to them. In 20+ years a $200K 550B will seem like a crazy bargain. Mark my words.

I really wanted a 365BB but that ship has sailed and like an idiot I failed to pull the trigger on multiple opportunities due to ultimately insignificant things. 2 years ago a super nice 365BB could have been had for $250K, a year ago around $300K, now prices seemed to have popped to $400K+ Its good to have your heart set on a specific F car, but these days with prices of the real classics going nuts we all need to re-evaluate or pay the piper.

Anyway, maybe this winter there will be more 550B's for sale.
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post #10 of 20 Old 07-18-2014, 06:16 PM
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Ferrari's are not red hot but white hot.

Been saying for some time prices will increase - open tops and racers even more so. I despise the folding mechanical hard tops turbo's and the new gear boxes

Agree the 550B can double with one good auction price - V12 Ferrari's are going to be desirable.

I know you aren't looking but may want to consider the 16M.
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post #11 of 20 Old 07-19-2014, 01:37 AM
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Regarding the debate between the 575 SA and 550 Barchetta I was told by a friend at Ferrari that the former was significantly stiffer and handled much better.
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post #12 of 20 Old 07-19-2014, 04:55 AM Thread Starter
 
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I thought about a 16M but I'm going for a 15 spider as it has the DC tranny, hardtop convertible other modern amenities. Ordering this AM at F of LI. Will give back my 13 Italia (with 9500 miles on her and go "naked" for 6 months (sans F car).

Regarding 575SA vs. 550B debate I have no doubt that, from a performance standpoint alone, the 575SA will run circles around the 550B. That being said, the roof issue is just a deal breaker for me. Its not just the $30K+ repair cost, but the fact that at some point you won't be able to get a roof replacement. Speculation ? Possibly, but is the 575SA worth it ? If you own one yes. If your like me looking at a myriad of choices you might think "no" (look elsewhere).

I think the 15 458 spider will be the last year (possibly they will do a 16 in a non -turbo) of the NA beast so always a safe bet. Still want that 550B and pine over any super rare sighting of a 365BB . Anyway, not to beat a dead horse, if anybody is looking to tender their 550B to the next caretaker, please consider me.
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post #13 of 20 Old 07-19-2014, 06:06 AM
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550B on cars.com 210k.
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post #14 of 20 Old 07-19-2014, 02:07 PM
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There is one 550 SA, F1 w/ 8k km, red/black for sale in Tokyo, but the asking price is 23.5m JP yen. Have no idea of the market myself.

Over a year ago, there was a 550 B on sale too and if I recall correctly, the asking price was 9.5m JP yen. That was the car below.

Meanwhile, there are multiple 550s and 575s available in the range of 6m to 9m yen range.

w/ smiles
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post #15 of 20 Old 07-21-2014, 05:37 AM Thread Starter
 
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Other than the 550B being sold at auction (I think RM) there are no current 550B's that are "publicly" for sale in the US. My guess is that when Winter hits us something will hit the market. Only issue is a price pop which does occasionally occur. As an example a 365BB recently sold for a record price in Europe (about $500K USD). Will that mean that prices on other 365BB pop ? Heck yes its just a matter of time. Same deal for the 550B. If the 550B going to auction at RM sells for a record price (to me that would mean anything approaching $300K USD) then the 550B will have received its "pop" and so on and so on. Great if you already own your 550B but crappy for me who is still looking. Conversely, the auction car might sell poorly (ie. say 200K USD or so) and then it is better for guys like me. Other issue is that I really can't contemplate anything but a US based car as its just not worth the hassle to go through an importation misery (with a car under 25 years old). I believe they are trying to do that with 599 GTO's (completely different league of supercar) as it will be worthwhile. So I must stick to a US model.
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post #16 of 20 Old 07-21-2014, 09:57 AM
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the barchettas are pretty rare. i remember a local show several years ago when three showed up. I remember a buddy of mine had one there and I was thinking, jeezus this is a tough crowd for a local show. normally if you rolled in with one you were walking out with a trophy. Good luck, nice cars.



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post #17 of 20 Old 07-21-2014, 10:24 AM
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Quote:
Originally Posted by Jimmy Chen Shiba DDS View Post
There is one 550 SA, F1 w/ 8k km, red/black for sale in Tokyo, but the asking price is 23.5m JP yen. Have no idea of the market myself.

Over a year ago, there was a 550 B on sale too and if I recall correctly, the asking price was 9.5m JP yen. That was the car below.

Meanwhile, there are multiple 550s and 575s available in the range of 6m to 9m yen range.

w/ smiles
Jimmy

Jimmy

Is my math off?
9 M yen is approximately 90,000 USD-
23.5 m yen is approximately 227,000USD.

Sounds like a bargain - LHD?

Import to US!

Scott

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post #18 of 20 Old 07-21-2014, 05:48 PM
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Quote:
Originally Posted by scotts View Post
Jimmy

Is my math off?
9 M yen is approximately 90,000 USD-
23.5 m yen is approximately 227,000USD.

Sounds like a bargain - LHD?

Import to US!

Scott
Scott, your math is correct. Japan is a strange market. V12 cars' value drop like a brick for they are not as popular, probably due to excessive power (?). Even the 550 Maranello and the likes can be had for 7m yen range. In contrast, V8 models are more popular overall. For example, 355 still go for high 9m range.

Yes, they are LF drivers, but importing to the US, you have to deal with the taxes there, which is a lot of hassle, I hear. Models over 25 years is another story.

w/ smiles
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post #19 of 20 Old 07-28-2014, 05:36 AM
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In the words of Alex Haley

Kunte Kinte I have found you


2001 Ferrari 550 Barchetta Pininfarina, $210,000 - Cars.com

Interest?


Scott

I have regretted often, but repented never. Is this a good thing? -Enzo Ferrari
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post #20 of 20 Old 07-28-2014, 06:15 AM Thread Starter
 
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I would have been interested in it for less $$$ a week and a half ago. Timing is everything. Personally I think if it was from an authorized dealer you'd have a better shot at getting that $210K. I have never seen a 550B with that many miles on her, not that its a bad thing as I think a well sorted driver with full maintenance records is preferable to a garage queen. What the real number on that 550B ? Assuming a PPI checked out and there are no accidents and full records would $150K be a great # ? $175K a good number. Hard to value the Barchetta with so many miles as I know of no comp. Anyway $210K seems pretty aggressive to me. If it had under 10000 miles on her it would sell pretty quickly.

What say you ? To many miles on her ? Can't believe i wrote that.
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