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Fuel type Petrol
Engine size 5.4
Engine size 5.5
Marking a return to a front-engined layout for flagship sporting Ferraris, the 550 Maranello sparked a revival of more usable Ferrari models. With a layout harking back to the Daytona of the Seventies, the 550 backed up its position by carrying a stick the size of a giant redwood. With 485bhp to call upon, it was at least two seconds quicker around the Fiorano test track than the Ferrari F355 - itself no slouch. With used models now starting to appear, can a 550 Maranello justify itself on any rational basis? Find out here.
How on earth can a car that averages 12.3mpg, is fitted with a 5.5-litre V12 engine and which can run at nigh-on 200mph be recommended as a sound used buy? Depreciating at a steady £4,000 per year, and with spares and servicing costs at least this, Ferrari 550 ownership is a serious proposition. Judged objectively, it doesn't make a whole lot of sense, the Maranello doing little beyond the capabilities of, for example, a BMW M5. Nonetheless, in this bracket the money you pay is less about what you get and more to do with what your possessions say about you. And what does the 550 Maranello say about its owner? Beauty being in the eye of the beholder, we'll leave that to you.
Borrowing £7,500 on a Hire Purchase agreement over 48 months, a representative APR of 18.5% and a deposit of £0.00,
the amount repayable would be £216.89 a month, with a total cost of credit of £2,910.72 and a total amount
payable of £10,410.72.
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