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CarMonitor

Transport Canada + NRCan

2001 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.

Seats And Restraints

Transport Canada recall 2004173 · manufacturer campaign 39

21 May 2004

Transport Canada lists: 550 2001

What is wrong

On certain vehicles, as a result of improper welding of the seat rail assemblies, one side of the seat may not fully lock into the set position. Under extreme acceleration or deceleration conditions, this could cause a rocking motion of the seat. If the seat started a rocking motion while the customer was driving, it could pose a safety risk to the driver as well as other vehicles and could result in damage to the vehicle or property, increasing the risk of a crash.

What the dealer will do

Dealers will replace the entire seat rail assemblies on both seats.

2 vehicles affected in CanadaCarRecalls Audit

Other

Transport Canada recall 2003240 · manufacturer campaign 38

3 October 2003

Transport Canada lists: 456 2001–2002 · 550 2001

What is wrong

On certain vehicles, improper crimping of the metal fitting connectors on the transmission oil cooler lines could allow the lines to become disconnected from the cooler and leak. If the lines leak oil, insufficient lubrication to the transmission could result. If this condition was to exist, the vehicle's transmission could become inoperative, which could pose a potential safety risk to the driver as well as other vehicles and potentially result in damage to the vehicle or property.

What the dealer will do

Dealer will replace both transmission oil cooler lines.

13 vehicles affected in CanadaCarRecalls Audit

Brakes

Transport Canada recall 2003215 · manufacturer campaign 33

5 September 2003

Transport Canada lists: 456 2001 · 550 2001

What is wrong

On certain vehicles, the handbrake ratchet mechanism did not receive proper hardness treatment which may cause the ratchet teeth to become damaged. If this happens, the handbrake may fail to operate as expected.

What the dealer will do

Dealer will replace the handbrake ratchet mechanism.

3 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 2001 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 2001 Ferrari 550 have any recalls?
Transport Canada has 3 recalls on record for the 2001 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.