Ferrari 575M Review (2002 to 2005)

Quick Summary

The Ferrari 575M Maranello needs the GTC Handling Pack and an F1 gearbox if it's to make decent money and thus equipped it feels like the sports car it always should have been. Without the pack, it has to be said that a low mileage 550 Maranello is a more satisfying thing. Take care and don't be put off by multiple owner cars.

Overall:

Models Covered:: (2 dr coupe, 2dr convertible 5.7 litre petrol[GTC Handling Pack, Superamerica])

GAP THEORY

Slotting chronologically between the hallowed 550 Maranello and the similarly lauded 599GTB is the Ferrari that history will probably gloss over. The 575M is at its best with GTC handling pack and F1 gearshift but this is a good but not great Ferrari. It doesn't do a whole lot that a BMW M6 can't better for less.The 550 Maranello was a sparkling return to form for Ferrari, reviving the days of the big, brutish front-engined sportster. Introduced in 1996, it was beginning to look a little tired by 2002 but the replacement was an evolutionary model that softened the 550's edge and which never captured the public's imagination. What's more, the 575M lasted just over three years before it was phased out, eventually 'replaced' by the hugely impressive 599GTB. If you liked the 550 but hanker after a newer car, the 575M is certainly not without its appeal, especially when fitted with the GTC handling pack. Here's how to find a decent used example.
Used Ferrari 575M for sale

History of the 575M

In many ways, January 2002 was something of a nadir for the flagship Ferrari sports car. The 550 had just competed in a European speed trial against the Porsche 911GT2, the Aston Martin Vanquish, the Mercedes SL55 AMG and the Lamborghini Murcielago. In terms of both acceleration and top speed, the Ferrari was leathered. It finished last on just about every objective criterion you could turn a stopwatch to measuring. Ferrari weren't accustomed to being the whipping boys of the supercar class. Fortunately, plans were well under way for the 550's successor, the 575M Maranello. Six years is a long time in the rarefied atmosphere of supercardom, and the 550 was getting, if not long in the tooth, then at least a little arthritic in ultimate terms.The 575M responded with an extra 29bhp and a whole raft of evolutionary improvements. The exterior changes were subtle in the extreme. Those who denigrated the 550's styling as being inelegant for a classic front-engined Ferrari were correspondingly unimpressed by the 575M but the shape has worn quite well and still looks cohesive. The 575M arrived in UK dealerships in summer 2002 and received a mixed review from a press rather unimpressed that Ferrari had softened the car's edge, despite giving it more power. Recompense came in summer 2004 with the launch of the 575M with GTC Handling Pack. An interim measure had been attempted to sharpen up the 575M's handling with a £2,215 Fiorano handling pack to the standard car but the latter GTC pack was fully £16,450 worth of extras and changed the car's personality quite markedly. Here at last was the sharpened model that many original owners demanded. A limited run Superamerica convertible model was introduced in 2005, shortly before the 575M was axed to make way for the 599 GTB.
Used Ferrari 575M for sale

Ferrari 575M Road Test

Most owners opted for the F1 gearchange and it's not bad as these systems go. You'll get lightning quick upshifts and peachy throttle-blipping downchanges, all marshalled by some clever software that prevents the driver from selecting a potentially inadvisable gear. Like the Cambiocorsa system fitted to the Maserati Coupe, you're occasionally treated to the smell of lightly flambéed clutch during low speed manoeuvring and inelegantly timed downshifts can castigate the driver with an embarrassing clonk. There's also a similar choice of 'automatic', sport and winter modes. The Ferrari shift is even quicker than the Cambiocorsa system and the artificial automatic mode is smoother. The software that controls the clutch action is also said to be that little bit more intelligent.Of course, some will prefer the tactility of the excellent manual gearbox, but given that the F1 sequential 'box can swap cogs in a mere .22 of a second – around half the time of a Ferrari test driver armed with a manual stick – Ferrari quote two separate 0-60 times for the 575M, 4.0 seconds for the F1 and 4.25 seconds for the manual car. You'll have to pay for the privilege of shaving off that quarter of a second, but to those who want their Ferrari to have the edge in one upmanship, it'll be a price worth paying. Both versions have an identical top speed, the 575M now joining the true heavy hitters of the 200mph+ club, the 202mph quoted top speed now well on par with established rivals.The 575M still can't set the hairs on the back of your neck on end in quite the same way as its hardcore junior stablemate, but a set of exhaust butterflies neatly bypasses EU drive-by noise regulations and gives the car more of a throaty roar in the upper part of the rev range. It's still not that vocal compared with the best in class. With 509bhp at your disposal and a wet test track to play upon, you may well feel thankful for the 575M's standard ASR traction control. Switching the 575M into Sport mode raises the ASR threshold and allows a little tail-out fun. Kill the ASR completely and you'll find the Ferrari is a little flabbier and trickier than before. Choose the optional GTC Handling Pack and its sporting focus is restored.
Used Ferrari 575M for sale

Buying a Ferrari 575M

The 575M Maranello is a surprisingly uncomplicated beast. The V12 engine feels unburstable, and hasn't given any major problems, but check for a weeping cam cover. Minor electrical problems have been reported, with spurious warning lights being an area of note. Check that the car has had its 18,750 miles or 3 year service. When the engine is warm, leave it running and open the bonnet. Listen for a loud metallic tap/slapping noise at the top of the engine. This sound indicates that the tappets need adjusting. They should have been adjusted as part of the 3 year service but is a £2000 job so negotiate accordingly.The 575M is, like many big Ferraris, one of those cars that seems to rack up a high turnover of owners with small overall mileages on the clocks, used, in effect, as a high days and holidays sort of toy. Look for a full main-dealer service history, check for accident damage and make sure the car is HPI clear. When you're spending these sums of money, it pays dividends to take a look at a few cars and take an expert with you.
Used Ferrari 575M for sale

Ferrari 575M Typical Pricing

Prices are now starting to look very reasonable indeed, helped in part by the fact that the 599 GTB has been so rapturously received. The 575M Maranello can be found from £65,000 for a 2002 02-plated car with a manual gearbox, while the desirable F1 sequential manual shift tacks around £2,000 onto that price. Given that this is mid-spec Porsche 911 money, the Ferrari suddenly looks interesting, especially as many will have covered very small mileages. Superamerica models are still very hard to track down. Insurance? You'd be disappointed if it were anything other than Group 20…
Used Ferrari 575M for sale

Ferrari 575M Parts

(approx based on a 2005 575M Maranello) It shouldn't come as a blinding revelation to discover that spares for the Maranello cost a fair bit. A pair of front brake pads retail at £270, whilst rear pads are also £270 and a new alternator is, bizarrely, £270. Pay £270 for a new clutch assembly and your friendly Ferrari dealer will block your exit demanding another £80. A starter motor retails at around £170. If you need a new exhaust, prepare to part with nearly £5,000, including catalysts but excluding manifolds.
Used Ferrari 575M for sale