Heroshot

2002 Ferrari 575M

Maranello
Barrett-Jackson's first ever auction in Houston, TX
Thursday, 16 September - Saturday, 18 September 2021
$113,300
Sale Price
No
Reserve
18 September 2021
Sold Date
685.1
Lot Number
#3+
Original
Barrett-Jackson
Auction House
Chassis no. ZFFBV55A220126972. Grigio Titanio over black leather. 5748/515hp, paddle shifters, Scuderia shields, tinted glass, Daytona-style seats, clear bra on the nose.

Evaluation: CARFAX reports mild damage in 2006. New clutch. Could stand a detailing but for the most part the condition matches the age and mileage.

Bottom Line: A Mecum veteran, this 575 sold at Mecum Houston 2017 for $99,000, then was an $85,000 no-sale at Mecum Monterey a few months later, then hammered not sold again in Dallas the same year at a $90,000 high bid. In 2018, it was an $80,000 no-sale in Kissimmee and an $85,000 no-sale at Mecum Glendale before the seller finally decided to give up the chase and dropped the reserve for an $83,600 final price at Mecum Houston 2019. Here it is again in Houston, bid to a frankly very surprising result given the car’s frequent auction appearances and especially its real, if minor, accident history. One probably wouldn’t have a hard time finding a better paddle-shift 575 for the money.

by Andrew Newton
23 September 2021
Hagerty
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.