Heroshot

2005 Ferrari 575M Superamerica

Base Convertible
$52.6M at Mecum Monterey 2022
Thursday, 18 August - Saturday, 20 August
$250,000
Not sold at a high bid of
$300,000 - $350,000
Est. Range
Yes
Reserve
S12
Lot Number
#3
Unrestored original
Mecum Auctions
Auction House
Chassis number ZFFGT61AX50143109. Rosso Corsa over Beige leather. 5748/540hp, paddle shift 6-speed, red calipers, Bridgestone Potenza tires, Daytona-style seats, Scuderia shields.

Evaluation: One of 559 built, represented with $40,000 in options and recent service at F40 Motorsports. A nice-looking car showing 303 miles, but the “‘Total Loss Vehicle’ due to right front fender and wheel replacement” raises an immediate red flag.

Bottom line: This is a tough one. Pretty much the whole point of buying this car with its low-production and three-digit odometer reading is collectability. Indeed, these 575-based Superamericas can be worth about twice as much as a normal 575M. But the salvage title is a scarlet letter that will follow the Ferrari forever, and that seriously limits the appeal. All things considered, the reported high bid was a perfectly realistic balance and it should have sold if there was real money close to it.

by Andrew Newton
29 August 2022
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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.