Used 2001 Ferrari 550

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2001 Ferrari 550
List price range
2001 Ferrari 550
Used

Pros

  • Legendary V12 engine design, luxurious interior, stunning looks.

Cons

  • Heavy for a performance car, 360 Modena offers superior performance for less money.

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Edmunds' Expert Review

A glorious return to Ferrari's two-seater with a front-mounted V12 school of sports car design.

vehicle overview

Introduced to the U.S. market in 1997, the 550 Maranello was an instant hit with both the Ferrari faithful and the general American public, due in no small part to its striking appearance. As a replacement for the outgoing 512M, itself an evolution of the '80s icon, mid-engine Testarossa model, the 550 signaled a return to Ferrari's legendary V12/front-engine/two-seat design philosophy that had endeared earlier models, such as the 365 Daytona and 275 GT, to fans of the prancing horse.

This time around, Ferrari had lofty goals in mind for their highest-performing GT car. Specifically, they wanted a car that could meet the driving needs of their most demanding customers while simultaneously providing a level of comfort and convenience previously unavailable in a Ferrari.

Named after the town from which all Ferraris originate, the 550 Maranello combines high-tech luxury features with a powerful 485-horsepower V12 engine to create the ultimate Gran Turismo automobile. The Bosch Motronic fuel injection system feeds into four-valve-per-cylinder heads while other engine components, like titanium connecting rods and forged aluminum pistons, contribute to light weight and durability. Power travels to the rear wheels via a six-speed transmission that is operated by a classic Ferrari gated shifter topped by an aluminum knob. This transmission is incorporated into the rear differential for improved weight distribution.

Riding on a high tensile steel tube frame, the 550 sports such performance aids as speed-sensitive steering, adjustable suspension (with normal and sport modes), Brembo four-piston brakes with four-channel ABS, stability control, and lightweight, five-spoke 18-inch wheels with Z-rated tires.

But, as stated earlier, performance is only part of the 550 equation. Creating an environment of pure bliss, even when lap times aren't a primary concern, meant addressing luxury and comfort issues as well. The Maranello answers with eight-way adjustable seats (five of which are even power!), a tilt/telescoping steering wheel, bright analog gauge displays, and automatic climate control with sun radiation sensors for improved accuracy. Behind the seats is a large shelf with room for golf bags and even leather straps to keep them from scuffing the interior panels during high G turns. A trunk-mounted CD changer is standard, as are automatically sealing windows for an airtight cabin at triple-digit speeds.

Yes, the 550 Maranello offers performance to impress the yacht club guys and convenience to keep the better half happy. But if the performance aspects of a Ferrari interest you more than luxury accoutrements, keep in mind that a 360 Modena stickers for over $50,000 less than the Maranello while offering superior performance.

2001 Highlights

The 550 Maranello carries over unchanged for the 2001 model year.

Consumer reviews

Read what other owners think about the 2001 Ferrari 550.

Overall Consumer Rating

Most helpful consumer reviews

Performance and luxury
teachdna,06/07/2003
I consider this a fortunate choice. I shopped around for along time and got extensive seat time in a number of exotics. But nothing compared to the 550. It has not disappointed! Superb build quality, wonder performance and, unlike the Edmunds experience, I have had no real glitches.
look at this before you buy
ted,03/02/2002
it is like a dream
Why I'm selling my 550
Alexander Schilling,02/11/2004
The engine mounts in my 550 failed at 15,000 requiring a $1,500 repair. Ferrari's customer service rep explained that this is normal for the 550. I have owned many cars and have never had to replace engine mounts before. The customer service rep. told me that at 15,000 miles I have put more miles on my 550 than most owners. In fact he said, "let's face it 90% of our cars are driven less than 2,000 miles per year - and then only to the country club". If you drive your car this much I can't tell you what else will go wrong".
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Features & Specs

MPG
8 city / 12 hwy
Seats 2
6-speed manual
Gas
485 hp @ 7000 rpm
See all Used 2001 Ferrari 550 features & specs
More about the 2001 Ferrari 550
Used 2001 Ferrari 550 Overview

The Used 2001 Ferrari 550 is offered in the following submodels: 550 Coupe, 550 Convertible. Available styles include Maranello 2dr Coupe (5.5L 12cyl 6M), and Barchetta 2dr Convertible (5.5L 12cyl 6M).

What's a good price on a Used 2001 Ferrari 550?

Shop with Edmunds for perks and special offers on used cars, trucks, and SUVs near Ashburn, VA. Doing so could save you hundreds or thousands of dollars. Edmunds also provides consumer-driven dealership sales and service reviews to help you make informed decisions about what cars to buy and where to buy them.

Which used 2001 Ferrari 550s are available in my area?

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap new, used, or certified pre-owned (CPO) 2001 Ferrari 550 for sale near. Simply research the type of car you're interested in and then select a used car from our massive database to find cheap prew-owned vehicles for sale near you. Once you have identified a used vehicle you're interested in, check the Carfax and Autocheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 2001 Ferrari 550.

Can't find a used 2001 Ferrari 550s you want in your area? Consider a broader search.

Find a used Ferrari 550 for sale - 6 great deals out of 6 listings starting at $7,450.

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Find a used certified pre-owned Ferrari 550 for sale - 7 great deals out of 12 listings starting at $18,749.

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Should I lease or buy a 2001 Ferrari 550?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

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