Why are Testarossas so cheap? | FerrariChat

Why are Testarossas so cheap?

Discussion in 'Boxers/TR/M' started by Bluebottle, Jul 5, 2017.

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  1. Bluebottle

    Bluebottle F1 Veteran
    Silver Subscribed

    Oct 15, 2012
    7,718
    Newbury, Berkshire, England
    Full Name:
    John
    Take a look at lots 131 and 133 in this list of auction results:

    Blenheim Palace | Coys of Kensington | Page 2 | Page 2

    I do not understand why the TR sells for the same as a 328 - both about the same age, both LHD, both red. Both liable to VAT. The TR has only 12,000 mmiles on the c;lock, but the 328's mileage is not stated (which suggests it is not very low).

    PS see also lot 138 - 512 TR similar.
     
  2. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    Maintenance cost would be one.


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  3. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    Also the TR you showing here is a left hand drive in a right hand drive market and I can already tell u that the logo in the back is not original and the steering wheel. These things matter.
    This is an old auction too.


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  4. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
    Lifetime Rossa

    Jan 11, 2001
    25,149
    30°30'40" N 97°35'41" W (Texas)
    Full Name:
    Steve Magnusson
    Gads, I hate it when an auction house doesn't describe the actual car for sale, and just rehashes the manufacturer's initial introduction material. And, for the 328, "...afforded the driver and their fortunate passenger unbridled access to the unmistakable sound of the dry-sump Ferrari V8" has to rate right up there with the most inaccurate thing ever said.

    The TR having 415mm wheels and the 328 having 16" wheels would be a ~$5K swing for me.
     
  5. barabba

    barabba Formula Junior

    Jun 7, 2007
    683
    Ticino / Zurich
    If you think they are cheap, you should have looked at their prices just a couple of years ago...
     
  6. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    I think he said cheap;)


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  7. barabba

    barabba Formula Junior

    Jun 7, 2007
    683
    Ticino / Zurich
    Yes that's what I said :)
     
  8. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,117
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
    Q: Why are Testarossas so cheap?

    A: They are not cheap, and soon prices will come down a lot ... as is happening in Europe right now already.
     
  9. JG333SP

    JG333SP Formula 3

    Mar 24, 2010
    1,871
    N Shore, MA
    Full Name:
    Jim G
    Maybe it's the 'abnormal design and performance' they talk about in the description.

    Although this could technically apply to any Fcar I don't think I'd word it like that if you want to seek top $$s
     
  10. rpissm

    rpissm Formula 3

    Aug 11, 2013
    1,620
    Salt Lake City, UT
    Full Name:
    Joe
    Wow a 512TR for ~$90k? Sweeeeeet.
     
  11. lear60man

    lear60man Formula 3

    May 29, 2004
    1,829
    Los Angeles
    Full Name:
    Christian
    With exchange rate and VAT?......No exactly prices are falling. There is a second TR with 66,000 kilometers on it for 80k pounds.
     
  12. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    Back in 2016 the exchange rate was 1,50 that's before brexit so that TR was roughly 108k at auction .... normal prices if you ask me!


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  13. Texas Forever

    Texas Forever Seven Time F1 World Champ
    Rossa Subscribed

    Apr 28, 2003
    76,211
    Texas!
    No such thing as a cheap Ferrari, particularly a T-Rex. The purchase price is just the down payment.
     
  14. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,246
    houston/geneva
    Full Name:
    Ross
    massive bargain if it is in good shape
     
  15. TODDZTR

    TODDZTR Karting

    Aug 26, 2004
    143
    near toronto
    Full Name:
    TODD
    Definitely not cheap in Canada compared to overseas market, $200k CDN for a 512 here, one is even $200k+ USD! Waaaay overpriced for present market conditions.

    Just my two circular pieces of copper!
     
  16. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    Agree...they sit and don't sell though. Just follow on autotrader and you will see;)


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  17. mike32

    mike32 F1 Veteran

    May 13, 2016
    5,835
    Isle of man- uk
    I believe some of the body parts are very hard to find, so a bump could leave you will an expensive wreck
     
  18. dontilgon

    dontilgon Formula Junior

    May 30, 2011
    328
    NY/PA
    Full Name:
    Joseph
    To simply answer the question 7200 units were built. Dime a dozen.
     
  19. Lotaz

    Lotaz Formula 3

    Nov 18, 2016
    1,537
    Las Vegas
    Full Name:
    Scott
    I saw one a couple years back for 65k, the guys selling it talked me out of it telling me the stories about maintaining it. My wife agreed telling me I would buy it and it would sit in the garage because either I wouldn't be able to afford to keep it maintained or I wouldn't drive it worrying about the next "major". One day I will find the right Ferrari for me.
     
  20. Newman

    Newman F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 26, 2001
    14,159
    Canada
    Full Name:
    Newman
    Cheap because they're problematic, fragile and expensive to fix. To buy one means constantly repairing it whether its losing a bank, a gearbox problem, slow windows or needing to be under 5'7" to fit in it properly.
     
  21. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    Im 6"1 and I fit perfectly


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  22. jgmblair

    jgmblair Formula Junior
    Silver Subscribed

    May 27, 2010
    720
    Winnipeg, MB Canada
    Full Name:
    Jeff Blair
    C'mon Paul! I'm 6'1", fixed my windows one weekend for a few hundred bucks, if a bank goes down you just start a thread here and it's usually check this or check that, YOU fixed the gearbox problem and I don't consider my car fragile. I will give you the expensive to fix part ;)
     
  23. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ



    Well said! I'm 6"1 200pounds and fit with ease;)


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  24. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    36,246
    houston/geneva
    Full Name:
    Ross
    there were 500 512M, and 2200 512tr's and the rest were just tr's.

    for all practical purposes the M and the 512tr are the same car, and it is leagues better than the plain tr.

    i think the 5000+ units of the tr do weigh on the 512tr and the M, but to those who know, the last 2 generations are epic cars. anybody buying a 328 at the same price that he could buy a 512tr is simply a fool, and they made 16000 of those !
     
  25. Newman

    Newman F1 World Champ
    Consultant Owner Professional Ferrari Technician

    Dec 26, 2001
    14,159
    Canada
    Full Name:
    Newman
    Then you either have stubby legs and a long body or you dont mind your legs looking like the letter Z. Im 6'2" and I owned an 89. I fit well in my BB and its the lack of technology that makes it a better car with less things to break (not to mention its quicker ;))
     
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