I guess the bigger question is why do you need 550HP? Generally speaking, the more HP you have the more cooling, braking, traction, and handling you're going to need. You're going to need a high-end rear end, a new torque converter, disk brakes with bigger rotors and better calipers, better ignition, bigger torsion bars, better tires, better radiator, etc., to capitalize on it. This is no big deal if you're going to be taking your car to the track every weekend and running it in competition, but if you're just driving the car on the streets and want 550 HP just so you cay you have 550 HP then it's a total waste of money.