2002 575 F1 Red/Tan with daytona inserts(red) 22k tubi and xpipe major done nov 2017 $15,000 in various stuff I've fixed last 15 months, car needs nothiing(new tpms,power steering leak,washer fluid tank,annual services,etc) I was planning on keeping it, but my long trusted tech passed away in mid july and we have kids on the way here in 6-7 weeks and I just don't feel like dealing with it anymore, just shipped the car to a good friend of mine who is a dealer with lots of other vintage car inventory. Im not really interested in waiting 12 months to sell it to get an extra $10-15K. notice most 575 sit around forever and im not interested in that. What is a fair price to have him ask for a quick sale? Im thinking its in the $90-100k range or is it lower?
Why not put it on BAT with a reserve and if it hits just blow it out. IMO the market is what someone will pay right now so I would not be worried what the number is. If you are ready to move on you move on.
Honestly I've sold cars on BAT, their process takes too long, it took 3 weeks AFTER I had pics taken to start the listing, then 7 days. Then after the no reserve auction finished, the buyer said he needed to get financing and the deal fell apart bc he couldn't get it for an older car and I messaged BAT and they told me I could re-list it but only a few months later once the car was "forgotten". So I wasted 5 weeks for nothing last time, left a bad taste in my mouth. My friend has a specialty car dealer in miami, people go to him for cars like that, its just a matter of whats the number to move it quickly, I've seen some of his ferraris sit for a long time, but he's asking top dollar ie $250k for a 1k mile testarossa.
That's too bad. Others seem to like BAT. Anyway the MIA dealer should be a pro and know his market. Like a realtor he should be able to tell you what price sells immediately, what price sells in a month, and what price sells in a year.
You can sell your car in 1 day by making friends with a car dealer who regularly goes to the action. Auction reports that show actual sale prices are readily available to dealers so it can give you a pretty good idea of what the real wholesale value is.
I’m not sure wholesale value is a thing with a car that less than 500 came to the us. How many 575 have run through Mannheim recently? My guess is 1 or 2 but more likely none.
ask $70k...accept $60K people dont want fcars w mileage...makes zero sense...my 04 575 w 83K miles runs/drives better than when I bought it 10 years ago
Didn’t see this posted yet. This past weekend, 2004 575 red over black & red interior, 11,700 miles. Still needs a belt service. Sold at $121k, don’t know if fees included in that number. Bill FL 2004 Ferrari 575M Maranello | S133 | Harrisburg 2019
Funny thing is people just do not understand the whole sale vs retail car pricing and the real value of cars. Owners always think their cars are worth more than they are. I just bought a new 2019 Mustang GT to convert into my next racecar and dealers are discounting like crazy like huge percentage off with multiple incentives and 0% financing for 72mos!! A guy had a 2018 used with 7000miles and had a loan out on it. He wanted the new buyer to buy retail and take the hit for his problem of a bad deal bad loan or whatever... He wants top dollar for his 2018 and I can buy a new 2019 zero miles for less money. I get stuck with tax but I'm supposed to pay that anyway on a used car buy...many just cheat on taxes. So take a used exotic with very narrow appeal that is 10 years old and just about any modern car drives better and values really just are not there. $80k might not even get an instant sale.
the market has definitely softened for everything the list of canned excuses for RNM on BaT are getting old
Well OP could sell his on there.... I know in the Testarossa market sales have been terribly low. Sent from my iPhone using Tapatalk
The OP was looking for a quick sale 2 months ago. I think he's either already sold the car or has given up on a quick sale. Would be awesome to hear what he did end up selling it for though.