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Ferrari 575M: Buying guide and review (2002-2006)

Ferrari 575M: Buying guide and review (2002-2006) Classic and Performance Car
Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M
When the 550 Maranello was released in 1996, the 456 was already on sale. That left Ferrari with two front-engined V12 monsters on its books, but there was far less overlap than you’d think; the 456 is a 2+2 grand tourer while the 550M is an out and out supercar – despite its layout. The 550 marked a return to a front-engined configuration after more than two decades of mid-engined two-seater flagships; first the Boxer, then the Testarossa/512TR/F512M.
With a bonnet that goes on forever and those gorgeous Coke bottle curves, the 550M and 575M are cars that you ache to own because of their lines alone. But they’re not just pretty faces; they’re tantalising to drive, with their balance, power and delicious steering. The all-alloy V12 just keeps revving, while variable-volume intake and exhaust systems ensure there’s no shortage of torque. So with gorgeous looks, fabulous build quality and stratospheric performance these are cars that satisfy on every level. No wonder values are on the rise.
Which one to buy?
The usual rule applies at this end of the market; only buy a car that comes with a full service history, with the work done by a recognised specialist. Also make sure there’s plenty of evidence of cash having been lavished on any potential purchase; these cars cost plenty to maintain, so anything run on a shoestring will be a liability. Analyse the service book carefully; check that the chassis number in the book is the same as the one on the car and that the details of the supplying dealer are presented on the first page.
In terms of which car to go for, don’t assume the 575M is a better bet than the 550M. The earlier car is better to drive thanks to unwelcome suspension adjustments Ferrari made which is why if you’re buying one of the later cars you must home in on one fitted with the optional Fiorano handling pack – at least if you’re aiming to drive your 575M with any gusto. This pack stiffens the suspension and has a thicker anti-roll bar, sharpening up the handling significantly.
Performance and specs
Ferrari 575M
Engine 5748cc, 12-cylinder
Power 508bhp @ 7250rpm
Torque 434lb ft @ 5250rpm
Top speed 202mph
0-62mph 4.2 seconds
Fuel consumption 15mpg
Gearbox Six-speed manual/semi-auto
Insurance group 20
Dimensions and weight
Wheelbase 2500mm
Length 4550mm
Width 1935mm
Height 1277
Kerb weight 1690kg
Common problems

• Corrosion shouldn’t be an issue on any 550 or 575 but crash damage may well be. This is why an expert inspection is worthwhile, although just analysing the tightness and evenness of the panel gaps is a good start. Also check for any rippling in the boot floor and inner wings.

• The V12 that powers all 550s and 575s is a tremendous unit but it needs plenty of maintenance and is far from infallible. The cam belts need to be replaced every three years, although this can be stretched for cars that don’t do many miles. It’s not an expensive job though, so a car that’s had them done every three years or so regardless is likely to have been cherished.

• Oil leaks are common and they need swift attention. The most common issue is with the cam cover gaskets which leak oil, while the coolant hoses in the middle of the V tend to perish from the heat, then they split. More durable silicone replacements are available and a replacement set isn’t too costly, but replacing them all can easily take a day because of poor access.

• The radiator neck can crack through constant heating and cooling, and if not caught in time it’ll lead to the engine overheating. Radiators corrode then leak, once again leading to overheating; a replacement radiator costs plenty. Predictably, the cost of fixing a cooked engine is extremely high.

• Any vibration at idle which disappears when the engine is revved is likely to be worn engine mountings. This is more likely on a 550 as 575 mounts are stronger, so fit these as a matter of course.

• If there’s any sign of misfiring it’s probably because the HT leads are on their way out. Don’t dismiss this too lightly; a fresh set costs a lot more than you might think – not least of all because there are 12 cylinders.

• The manual gearbox is strong but some early (pre-1998) cars can suffer from tricky engagement of first, third and fifth. It’s because of iffy baulk rings so you really need to ensure a rebuild isn’t due because – predictably – these don’t come cheap.

• Clutches harden with age, while release bearings can seize up through a lack of use, leading to a very heavy pedal. A new three-piece clutch kit is expensive to fit...

• Steering racks are leak-prone; fail to fix it in time and you could be landed with a hefty bill. The power steering reservoir also tends to leak onto the top and bottom inner wishbone bushes, causing them to perish. Watch for broken springs too, leading to the car sitting low on one corner.

• The adjustable dampers are very expensive so check for leaks; also ensure they work properly. They tend to get left in the same mode all of the time, then when this is altered something fails.

• Watch out for windscreen cracks; a new screen is expensive and it takes at least six hours to fit. Also check the door and window seals for perishing as new ones are costly.
Model history
1996: The 550 Maranello replaces the Testarossa-derived F512M.
2000: A 550 Barchetta is introduced; 448 are made, of which 45 are right-hand drive.
2002: The 575M supersedes the 550M. There’s now a 5.7-litre V12, and adaptive dampers for better body control without sacrificing the ride. The interior is refreshed and Ferrari’s F1 semi-automatic transmission is now available; the first time with a road-going V12 model.
2005: The open-topped Superamerica appears (just 559 are made) and there’s now a Fiorano handling pack available for the 575M, which can be fitted retrospectively.
Owners clubs, forums and websites
Summary and prices
Ferrari 575 prices have been rising particularly quickly over the recent years. You can pick up early example in good shape from around £75,000, with prices rising towards £100,000 for later cars with lower miles. If you’re looking for one of the really desirable models, a manual car with the HGTE package, you will have to shell out upwards of £200,000 today, due to soaring demand. 
Words: Richard Dredge // Images: evo Magazine
Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M Ferrari 575M
Last updated: 13th Jan 2016
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Ferrari 575 cars for sale

13 Search results
Ferrari 575
148500 380000 GBP
  • Ferrari 575 Maranello GTC


    Ferrari 575M GTC chassis #2220 has been meticulously maintained throughout its life and, since retiring from competition, only been used on sporadic occasions for privately organised track days. With a price tag today that's a fraction of its original cost, the car represents a fabulous opportunity to acquire a genuine Factory sanctioned Competition V12.

    For sale
    DK Engineering
    01923 287 687 VIEW CONTACT NUMBER

    $148,500(£114,241.05) $148,500(£114,241.05)

    --Grigio Titanium Met. with Bordeaux leather interior and Bordeaux carpeting, 8,000 miles from new, F1 style six-speed close ratio manual transmission controlled through twin paddles mounted on the steering column, Recent major service by Authorized Ferrari dealer. Options include: Daytona seats and Scuderia Shileds. The 550 Maranello was already one of the fastest cars in the world. To upgrade this thoroughbred two-seater sports coupe supercar, Ferrari has increased the capacity of the V12 engine by 274cc to 5,748cc. With other small changes the result is a significant step up in power to 508bhp. Top speed is now officially over 200mph. This 575 F1 Maranello is offered for sale with complete books, tools, extra keys and remotes and original window sticker.

    • Year: 2002
    • Mileage: 8000 mi
    For sale

    $380,000(£292,334) $380,000(£292,334)

    --Rosso Corsa with Beige leather interior and Beige carpeting, 3,000 miles from new, F1 style six-speed close ratio manual transmission controlled through twin paddles mounted on the steering column, Recent major service by Authorized Ferrari dealer. The is one of only 550 limited production Ferrari 575 Superamerica models built for the world market, with even fewer imported to the North American market, it is stunning a rare! With entire production reserved for special Ferrari "VIP" clients, and the entire production run was sold-out long before the first car was built. The Superamerica is based on the 575M Maranello model, with a much more powerful 540bhp engine, and the innovative "Revocromico" roof, constructed of carbon-fiber. This lightweight roof design is elegant, convenient, and offers the driver the ability to "dial in" the amount of light entering the cockpit through the roof. Additionally, it does not intrude on valuable trunk space, insuring enough space to tour in grand style. This Ferrari can be converted from coupe to convertible in ten seconds! This particular Superamerica was sold new by Wide World of Cars Ferrari, Spring Valley, New York. It is absolutely excelle

    • Year: 2005
    • Mileage: 3000 mi
    For sale
  • 2005 Ferrari 575 Superamerica

    $249,500(£191,940.35) $249,500(£191,940.35)

    2005 Ferrari 575 Superamerica: 1 of just 559 produced This 2005 Ferrari 575 Superamerica F1 is a stunning example and one of just 559 produced. Gorgeous black with black interior and 38k miles. It's a two owner car from new with a clean carfax. It comes accompanied by its books, tools, service records, and window sticker. This car was delivered to the first owner by Ferrari of Seattle with over $26,000 in factory options including GTC package with the Modular 19 wheels, Scuderia Ferrari shields, and the high power HIFI + 6 CD changer. Records from day one of fastidious care are included with the car, The last major belt service was done just 4891 miles ago in 2013, so still well within the service window. During the initial ownership the glass top was replaced under warranty. The second owner was in California and further service was done on the car by Patrick Ottis Company in Berkeley, Calif. The second owner had the nose and rear bumper touched up, and a clear bra installed. He purchased a new windshield which accompanies the car in a crate, as he was told the factory only had one left. He also had the gauge pod leather redone. This magnificent automobile currently has 38,830 mil

    • Year: 2005
    • Mileage: 4891 mi
    For sale
  • Ferrari 575M Maranello


    Mayfair 020 7125 1400 | Maldon 01621 879579 2002 Ferrari 575M Maranello RHD Launched in 2002 the 575M Maranello is a front engine rear wheel drive two seat grand tourer built by Ferrari as a replacement for the 550 Maranello. While superficially similar to its predecessor, the 575 included minor styling changes penned by Pininfarina as well as some more substantial technical improvements and a revised interior. The more significant changes included larger disc brakes, an enlarged and more powerful engine (delivering a top speed of 202 mph), improved weight distribution and adaptive suspension technology. The 575 also included a choice of two six speed transmissions including a conventional manual gearbox and, for the first time on a Ferrari V12, Magneti Marelli's semi-automatic 'F1' gearbox. This particular example is a UK delivered Right Hand Drive car that was fitted with the F1 gearbox from new and has the added benefit of having been upgraded by Maranello Sales Ltd in 2004 with the highly desirable Fiorano handling package and subsequently a Tubi exhaust system. Delivered to its first customer in Twickenham in July of 2002 it was finished in the very rare colour scheme of Verde

    • Year: 2002
    For sale
  • 2003 Ferrari 575 Maranello

    $267,500(£205,787.75) $267,500(£205,787.75)

    2003 Ferrari 575 Maranello with 6-Speed Manual Gearbox: 1 of just 209 This 2003 Ferrari 575 Maranello ​ ​ is ​ ​ 1 ​ of about 209 factory 6-speed equipped ​ ​ cars delivered new to the US marketplace . ​ ​ With ​ ​ only 28k ​ ​ miles, this specta ​​ cular car comes f inished in r ed with tan Daytona seats with red ​ ​ inserts. Full timing belt service up to date with records. This absolutely beautiful example also comes accompanied by its books, tools, and clean carfax report. While most 575Ms were fitted with the F1 gearbox, a small group of buyers ordered the six-speed manual. These cars are increasingly sought after and collectible. The 575M Maranello is highly regarded as a wonderful modern classic Ferrari and the rare 6-speed models are the most desirable and fastest ​ ​ appreciating. -6-Spd Manual Gate Shift -Modular Wheels -Shields -Hi-Fi Sound -Red Calipers -Daytona Seats w/ Inserts -Red Stitching Price: $267,500

    • Year: 2003
    For sale
  • Ferrari 575 Superamerica F1 "Fiorano" Handling Package - RHD.

    £355,000 £355,000

    The Ferrari 575M Maranello was introduced in 2002 as the replacement for the hugely successful 550. The 575 was produced in much smaller numbers than the 550 and was the first Ferrari V12 to offer Magneti Marelli's semi-automatic (Electrohydraulic manual) 'F1' gearbox a technology that Ferrari had developed in Formula 1. Updates from the 550 included a renewed interior, but with substantial improvements mechanically, including bigger brake discs, a larger and more powerful 5,748cc engine which produced 515bhp. In 2004 Ferrari released a limited run of 559 examples of the striking and innovative convertible, the Superamerica. Drawing its name form the iconic Pininfarina designed Lampredi V12-powered GT cars of the 1950s and 60s, the 199mph 575M Superamerica retained the coupe’s mechanicals together with its general design while featuring the a unique pivoting photo-chromic roof. The work of Pininfarina chief stylist Leonardo Fioravanti, creator of the legendary 365 GTB/4 “Daytona”, it was the first roof of its kind ever fitted to a production car, and was built using a carbon fibre frame integrated with electro-chromatic glass. The transparency of the glass could be adjusted from wi

    For sale
  • 2002 Ferrari 575M Maranello

    $339,500(£261,177.35) $339,500(£261,177.35)

    ​Extremely Rare 2002 Ferrari 575M Maranello with 6-Speed Manual Gearbox This 2002 Ferrari 575M Maranello is 1 of just 246 produced with a 6-speed manual gearbox. With only 21k miles, this spectacular car comes finished in beautiful Pozzi-Blue with saddle leather interior. It's in absolutely stunning condition and comes accompanied by it's books and tools. The 575M Maranello had a 5.5-litre V12 producing 515hp and a top speed of 202 mph. While most 575Ms were fitted with the optional F1 semi-automatic transmission, a small group of buyers ordered the six-speed manual gearbox. These rare cars are increasingly sought after and collectible. The 575M Maranello is already highly regarded as a wonderful modern classic Ferrari combining beautiful styling and superb performance, and the 6-speed models are the most desirable and fastest appreciating. Price: $339,500

    • Year: 2002
    For sale
  • Ferrari 575 M F1


    Features : Car delivered new in Francorchamps , Belgium. Last service done in Ferrari point service. Comment : Real mint condition for the 575 running perfectly well.

    • Year: 2009
    • Mileage: 29211 mi
    For sale
  • 2003 FERRARI 575 GTC Competizione


    This Ferrari 575 GTC is the only one that won a race ever in FIA GT Championship, and one of only twelve Ferrari 575 GTCs built by Ferrari Factory for Le Mans 24H, the FIA GT Championship and American Le Mans Series  The Ferrari 575 GTC chassis 2208’s first and sole owner purchased the car in 2003 directly from Jean Todt who was then President of Ferrari  605bhp and 1,150 kg Certified by Ferrari - FIA Technical Passport  Racing History: 1st FIA GT ESTORIL in 2003 with Philipp Peter / Fabio Babini 4th FIA GT MONZA in 2003 with Philipp Peter / Fabio Babini

    For sale
  • Ferrari 575 Superamerica HGTC


    Rosso Corsa with Nero interior and red stitching, featuring the HGTC handling pack including 19 inch wheels, carbon ceramic brakes, sports exhaust and suspension. 11,000 miles, full Ferrari main dealer history (last service April 2015). Actual car pictured. Call us before it’s gone!

    • Year: 2005
    • Mileage: 11000 mi
    For sale
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