How much is a 1999 Ferrari 550 Maranello?
Typically, you can expect to pay around $178,000 for a 1999 ferrari 550 maranello in good condition with average spec. In 2002 the 550 was replaced by the 575m maranello, which was an all-around improved version (modificata in ferrari parlance) of the car, rather than an all-new construction.Today this car is kept by a private owner in Italy, and is a completely original example of the model. Between the 1996 and 2001 model years, Ferrari produced 3,083 examples of the 550 Maranello (and 448 roofless ‘550 Barchetta’ variants), which was a substantial run rate for the manufacturer.
How much is a 1997 Ferrari 550 Maranello?
Typically, you can expect to pay around $164,000 for a 1997 Ferrari 550 Maranello in good condition with average spec. What is the highest selling price of a 1997 Ferrari 550 Maranello? The highest selling price of a 1997 Ferrari 550 Maranello at auction over the last three years was $309,636. Classic Ferraris in decent condition will generally keep their value – their resale values are currently very strong, and the market is booming. Industry experts rate Ferrari models from the 1980’s and 1990’s to be among the best investments to be made in terms of pure growth of assets.As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years.Benefits of Buying Used In addition to being well-maintained, used Ferraris in Italy generally sell for much less than they would here, and there are also no import costs. If buyers act smart, they can get a new Ferrari for 10-20% lower prices than those that are running in the US or UK.As a result, the Ferrari 250 GTO remains one of Ferrari’s most valuable models, with some variants selling for more than $70 million, making it the most sought-after and expensive car in the brand’s history.
How much is insurance on a Ferrari?
The average cost to insure a Ferrari is $448 per month, making it more than two and a half times more expensive than the average cost of car insurance in the U. S. Maserati Quattroporte. The Maserati Quattroporte is a luxury sedan that typically costs over $2,500 per six-month policy period to insure, making this car the most expensive vehicle to purchase auto insurance for in 2021.