What's my TR worth?

I don't know what it's worth, but one thing is for sure, I'm sure your electrical system is top notch!

 

100k?
I have never bought or sold a 1991 for the sake of full transparency

 

Agree. I would shoot for $100k

R

 

if you like/love the car and if you don´t need the money I would not sell, and if then only if you will get much money. so if someone will offer you 150k $ I would not sell then. too less money for such a car with this all done. but if you need the money for an other project then give it away for 100k.
only my personal meaning and has nothing to do with economy

 

Bravo on your car having 78K! But on the other side of the coin, it is 78K(higher mileage). Plus needing a major - I would venture to say around 80-85K.

Good luck with your decision.

 

Your Rep here has got be worth at least another $100K on top! But in the real world $85k-ish needing a major and the miles.

 

Based on this remaining unsold at $97K , I would say $80K range , given the miles and service.

http://www.ferrarichat.com/forum/ferraris/522740-1990-ferrari-testarossa-rosso-corsa-%2499k-price.html

 

I did read your post when there was not a single answer but I was shy to say $80K before anyone would do it. That is also my feeling of what it's worth now in this condition. I had in mind 75K. They've cool down since last year.

 

Here's your challenge Steve , everyone here saying it's worth 'x' not one of them would give you that money they quoted you - regardless of how much they would scream and yell that if they had the money and were in the market they would. They would NOT.
You need to decide what you need in order to be willing to let it go. Once you cross that bridge it's just a matter of this buyer stepping up.
Personally, I hope you get over 100 - reality, these are garbage cars, so pick your number.
If this buyer is serious and a decent number and he passes or you pass give me a PM , my 86 is the same colo combo as yours with 44,000 miles and I have a fresh service and all records to prove, my a/c works, and original muffler and borla with the car. All books and records and warranty card. He can buy mine.
Good luck !

 

I think this is a very personal decision and that's hard to pin down.

So your target audience is probably willing to pay 65-85 for the car.
your mileage is in the 95th percentile, so keep that in mind.
Mileage isn't too much of an issue for a person that knows they are going to put miles on it and knows its not going to depreciate as the miles rack up.

Your car is a TR that is reachable to somebody that wants to fulfill their dream of owning a TR. Possibly somebody willing to do their own work too.

But there's also your willingness to sell it. If some guy wanted to buy mine (more miles and in rougher shape than yours) I would not sell it under 100k, but I just got it and its been my dream car for a while. But if I ever needed money or was tired of it, i think 65kish would be reasonable.

 

What are the leakdown numbers?

Im rebuilding one right now because the liners are worn out plus it was leaking significantly past all 24 exhaust valves. At that mileage the first thing I think of as a buyer is Ill be rebuilding the engine at some point in my ownership if I were to buy it. Odds are higher vs one that has 22K miles on it. The car lands in an unknown territory for me knowing what can go wrong, higher risk unfortunately and I can fix it myself. If I paid $100K, put a diff in it and rebuilt the engine with cast iron liners I would be upside down before the engine was back in the car.

If you love the car and have no reason to sell it then keep it.

 

good guess James
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Steve, I can't give you a number because I have no interest. Hence why I said 100. Anything over, and the buyer will say too much ....even at a 100 they will say too much ( it's a sickness for people to always say too much no matter what the number). At a 100 you will at least see how serious the buyer is with a counter. If they counter with a real number. If they are that serious have them give you a number first.I'm sure your engine runs like new , the TR engine is bullet proof as is the gearbox.
Good luck !

 

It's only worth what somebody is willing to pay. Advertise the car for 100k and see what offers you get. Average them out, it will give you a good idea of what the true market value is. Obviously weed out the dealers.

In my eyes 100k is a fair number for a good clean well sorted car with current service.

 

+100

 

Problem is my number means nothing because Im not a buyer. If I say $80K and someone gives you 90 then Im a dummy for saying whats its worth. If the buyer just wants a testarossa and at the time they were looking yours fit their budget then you get the 90k. Too many variables and an emotional purchase can defy logic. Your description of having a few bonks, needs a service and has some battle scars means statistically (to the educated level headed buyer) its at the lower end of whatever the actual typical sales are of driver quality cars. Asking prices mean nothing as you know and theres no shortage of cars for sale.

 

From someone who is looking to purchase, from my perspective I will highly disagree with people saying give it away at 100k.

Why would anyone want to pay 100k, for a car that from the description not only needs a major, but has many other issues as well that are listed, plus those not listed. Even once you spend a ton of money, you are still left with an 80k mile car, when you could of simply purchased something like this:

Ferrari Testarossa TR | eBay


I think many people have seen a few extreme TR examples and wishfully think they are all worth as much. Price inmo would be in the 50-60k range. Like it or not, the market has certainly cooled off, and there are plenty of cars on the market, with many sitting for long periods of time.

 

Cooled off yes, levelled off and corrected maybe? The bottom didn't fall out and you need a pile of desperate sellers dumping cars to get fire sale prices. You're a buyer so of course you want a deal.

 

You are correct, a few years ago cars in similar shape were in the 40k range, so inmo the value is still elevated. There are plenty of relatively low mileage , serviced cars with asking prices in the low 120's sitting unsold.

Ferrari Testarossa Coupe | eBay

 

True. In the Dinos case to be fair, it is a good bit older than a TR, and its production #s are 1/2 of the TR. Ive also been looking at 308/328's, and to be fair, those cars are for the most part sitting unsold as well.

Just an honest opinion, as its not a car I myself am interested in, simply gave an honest # that might make me give it a second look as a buyer.