Ferrari - 550 (2002)

Discover the allure of the iconic 2002 Ferrari 550 Maranello: an unrivaled blend of heritage and performance, and a benchmark for discerning collectors. Whether you’re researching the classic Ferrari 550 price range or curious about the current use‑market, this guide provides the essential data and insights you need to make an informed decision.

Ferrari’s 550 Maranello series captured the hearts of high‑performance enthusiasts worldwide. With a twin‑turbocharged 4.7 L V8, the 2002 model delivered an exhilarating 380 hp and 395 lb‑ft of torque. In the used‑car arena, the market remains vibrant, with the Ferrari 550 price reflecting factors such as provenance, maintenance, and overall condition. If you’re wondering what is a 2002 Ferrari 550 worth, it pays to understand both the vehicle’s engineering pedigree and the economics of its depreciation.

Key Specs — A Snapshot of Performance and Design

• Model Year: 2002
  Note: The 2002 Ferrari 550 Maranello is often used as a benchmark when evaluating older Marcanelo variants.
• Engine: 4.7 L twin‑turbo V8
  Power: 380 hp (282 kW) at 6,950 rpm
• Transmission: 6‑speed manual
  Club‑style shifting for the purist driving experience.
• Fuel Type: Premium gasoline
  Roles in sustaining high‑octane performance.
• Dimensions: 4,488 mm (length) / 1,976 mm (width) / 1,224 mm (height)
  Wheelbase: 2,560 mm, striking a balance between stability and agility.
• Weight: 1,380 kg (dry)
  Lightweight construction underpins sharp handling.
• Top Speed: 330 km/h (205 mph)
  Acceleration: 0–100 km/h (0–62 mph) in ~4.8 seconds.
• Suspension: Double‑shock, double‑sine, with active adaptive dampers (optional)
• Brakes: 380 mm front and 300 mm rear carbon‑ceramic discs (optionally upgraded)
• Seats: 2‑seater with Alcantara and leather upholstery
• Extras: Analog twin‑tachometer, integrated aftermarket infotainment in some trims

These specifications underscore the 2002 Ferrari 550’s premium status and directly influence its collected value.

Depreciation Insight — Understanding the Ferrari 550 Depreciation Curve

When you evaluate the Ferrari 550 depreciation, the statistical trend is relatively predictable, though it can vary greatly based on mileage, maintenance history, and provenance. Here’s a realistic snapshot:

• First year: A typical 2002 Ferrari 550 Maranello loses about 15–20% of its original asking market value, largely due to the initial indexing of the used‑car market.
• Years 2–3: Depreciation slows, averaging 5–10% per year, as the vehicle increasingly becomes a recognized collectible rather than a generic leisure car.
• Years 4–6: A further decline of 3–6% annually is expected as mileage rises or as newer benchmark models (e.g., 612 Scaglietti) enter the market.
• Beyond 6 years: Long‑term depreciation can stabilize, with the vehicle’s value often tied to its condition relative to other era‑contemporary Ferraris.

For illustration: an 2002 Ferrari 550 that was originally listed at $325,000 might retain a value between $185,000 to $215,000 after five years—assuming full maintenance records and limited mileage—therefore reflecting the manageable depreciation curve and the vehicle’s enduring appeal.

Understanding that “used Ferrari 550 price” can fluctuate based on regional demand, you can expect that well‑maintained examples with full service histories will hold premium status in the resale market.

Comparison Context — How Does the 2002 Ferrari 550 Stack Up?

When comparing the 2002 Ferrari 550 price to contemporaries, it’s important to examine both performance characteristics and market position