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CarMonitor

Transport Canada + NRCan

1997 Ferrari 550

Everything Canada’s open data holds on this vehicle: what has been recalled, what it costs to run, and how efficient it is compared with everything else on the road.

Recalls

3

3 current

Combined

Fuel, a year

Not rated by NRCan

Recalls

Good news: Recall repairs cost you nothing. Book with any manufacturer dealer and quote the recall number — no time limit, however many owners the vehicle has had.

Steering

Transport Canada recall 2003239 · manufacturer campaign 166

3 October 2003

Transport Canada lists: 550 1997–1998

What is wrong

On certain vehicles, the steering may become stiff due to overheating of the power steering fluid causing damage to the hydraulic seals in the steering box and pump.

What the dealer will do

Dealer will replace the power steering cooling coil, oil tank, oil line, pump and box.

3 vehicles affected in CanadaCarRecalls Audit

Fuel System

Transport Canada recall 2003238 · manufacturer campaign 165

3 October 2003

Transport Canada lists: 550 1997–1999

What is wrong

On certain vehicles, the fuel supply and return lines may leak where the ferrule of the union meets the flexible pipe. Should such a condition occur, the result would be leakage of fuel from the fractured line, in which case, the risk of fire would exist.

What the dealer will do

Dealer will install updated fuel lines.

8 vehicles affected in CanadaCarRecalls Audit

Wheels

Transport Canada recall 2003214 · manufacturer campaign 32

4 September 2003

Transport Canada lists: 550 1997–1999

What is wrong

On certain vehicles, the wheel bolt inserts fitted in the magnesium wheel may show signs of cracking resulting in a reduction of torque applied to the wheel. If this problem occurs, handling may be affected, however the wheel should not separate from the vehicle.

What the dealer will do

Dealer will replace all four magnesium wheel with aluminum wheels.

15 vehicles affected in CanadaCarRecalls Audit

Watch this vehicle

Recall letters go to whoever owns the car on paper, which may not be you. Save your 1997 Ferrari 550 and we will email you the day Transport Canada issues a new recall for it.

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Common questions

Does the 1997 Ferrari 550 have any recalls?
Transport Canada has 3 recalls on record for the 1997 Ferrari 550. Recall repairs are free at any manufacturer dealer.

Source: Transport Canada — Vehicle Recalls Database; NRCan — Fuel consumption ratings. Data current as of 30 July 2026. Running cost uses Ontario average prices (155 ¢/L, 14.5 ¢/kWh), which are hand-maintained estimates. 30,784 rated vehicles on file.