Ferrari 550 (1999)

Estimated running costs and MOT pass rates from 116 MOT tests in 2024.

Annual Cost

£2,588

£216/month

MOT Pass Rate

98%

Excellent

Road Tax

£375

Estimated/year

Est. Insurance

Grp 35-50

5474cc Petrol

Great Choice

98% pass rate, £2,588/year to run. 16 points above average.

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Petrol5474cc27 years old116 tests30k miles avg

Annual Running Costs

Fuel (Petrol, 5474cc)

~30 mpg

£1,958

Road Tax

Pre-2001 engine size rate

£375

MOT Test

£55

Predicted Repairs

Low estimate due to excellent reliability

£200

Total per year£2,588

Per month£216/mo

Per week£50/wk

Estimates based on 7,400 miles/year (UK average), petrol at 174.57p a litre (GOV.UK weekly average, week of 19 October 2026), GOV.UK road tax rates and repair likelihood from MOT data. Insurance not included.

Reliability Verdict

98% MOT pass rate(Excellent)

0%All-model avg: 82%100%

Excellent reliability. Very few MOT failures. That's 16 points above the average of 82% across all models in our data.

98% of MOT tests on Ferrari 550s from 1999 ended in a pass in 2024, when they were about 25 years old. That's based on 116 tests across the UK, retests included. The average mileage recorded at those tests was 29,844 miles.

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How Does It Compare?

Rank among 1999 models5th of 361(top 2%)

Rank among Ferrari models63rd of 146(top half)

vs average of all models+16%(82% avg)

vs 1999 models average+23%(75% avg)

vs Ferrari average+2%(96% avg)

Mileage Analysis

29,844

Average miles

185,000

Expected for age

The average 1999 Ferrari 550 had 29,844 miles on the clock at its 2024 MOT, which is significantly below the expected 185,000 miles for a 25-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

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Ferrari 550 by Year

Year	Pass Rate	Tests	Avg Mileage
2001	94%	82	21,530 mi
2000	94%	71	33,844 mi
1999	98%	116	29,844 mi
1998	90%	162	38,015 mi
1997	91%	100	47,967 mi

Similar Cars to Consider

Mercedes CLK

2000 · 5439cc Petrol

£2,738/year

81%

-17%

Aston Martin DB7

2001 · 5935cc Petrol

£3,153/year

89%

-9%

BMW M5

2001 · 5000cc Petrol

£3,003/year

90%

-8%

Rolls-Royce Silver Seraph

1998 · 5379cc Petrol

£2,588/year

93%

-5%

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About the 1999 Ferrari 550

The 1999 Ferrari 550 is a luxury car. Our records list a 5474cc petrol engine, though engines vary between versions. 116 MOT tests were recorded on this model in 2024, making it a rare model on UK roads. It ranks in the top 2% of all 1999 models for MOT pass rate.

With an average of 29,844 miles recorded at its 2024 MOT tests, Ferrari 550 owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.

1999 Ferrari 550 Fuel Costs

The 5474cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,958 per year with petrol at 174.57p per litre (GOV.UK weekly average, week of 19 October 2026; based on 7,400 miles per year).

What does it cost to own a 1999 Ferrari 550?

Total estimated annual running cost is £2,588 (£216/month), broken down as £1,958 fuel, £375 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 98% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.

Ferrari 550 Reliability Trend

The Ferrari 550 has maintained consistent MOT pass rates across model years, varying by only 3 percentage points.

Buying a Used 1999 Ferrari 550

At 27 years old, the Ferrari 550 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age.

Common Issues to Watch For

These are typical issues for cars of this age, fuel type and engine size, not faults recorded on this model's MOT tests. Use them as a checklist when you view one.

Timing Chain / Belt

Watch out

At 27 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.

Oil Consumption

Medium risk

Larger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.

Rust and Corrosion

Watch out

At 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.

Suspension Bushings

Watch out

Rubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.

Service History

Low risk

Always request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.

Running Costs Compared

How the 1999 Ferrari 550 stacks up against similar cars for estimated annual running costs, insurance group, and tax.

Car	Pass Rate	Fuel/yr	Tax/yr	Est. Ins. Group	Total/yr
Ferrari 550(1999)	98%	£1,958	£375	Grp 35-50	£2,588
Mercedes CLK(2000)	81%	£1,958	£375	Grp 35-50	£2,738+£150
Aston Martin DB7(2001)	89%	£1,958	£790	Grp 35-50	£3,153+£565
BMW M5(2001)	90%	£1,958	£790	Grp 35-50	£3,003+£415
Rolls-Royce Silver Seraph(1998)	93%	£1,958	£375	Grp 35-50	£2,588same

Estimates based on 7,400 miles/year, GOV.UK average pump prices for the week of 19 October 2026, GOV.UK road tax rates and MOT data. Insurance groups are our rough estimate from engine size, not official groups. Actual costs vary by driver, location, and usage.

Questions about the 1999 Ferrari 550

Is the 1999 Ferrari 550 reliable?

Excellent reliability. Very few MOT failures. 98% of MOT tests on 1999 Ferrari 550s ended in a pass, from 116 tests (DVSA MOT data for tests in 2024, retests included). That's 16 points above the average of 82% across all models in the same data.

How much does a 1999 Ferrari 550 cost to run?

Our estimate is £2,588 a year (£216 a month): £1,958 fuel, £375 road tax, £55 MOT and £200 predicted repairs, based on 7,400 miles a year. Insurance is not included.

What is the MOT pass rate for a 1999 Ferrari 550?

98% of 116 MOT tests on the 1999 Ferrari 550 ended in a pass (DVSA MOT data for tests in 2024, retests included). That ranks it 5th of 361 models first registered in 1999 (top 2%).

Which year Ferrari 550 has the best MOT pass rate?

Of the years with at least 100 tests, the 1999 Ferrari 550 has the highest MOT pass rate at 98% and the 1998 the lowest at 90%. Newer cars usually pass more often simply because they are younger and have done fewer miles.

What is the average mileage for a 1999 Ferrari 550?

The average mileage recorded at MOT tests on the 1999 Ferrari 550 is 29,844 miles, which is significantly below the expected 185,000 miles for a 25-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.