Thanks for the links Mel! Michael, do you mean the 512 m at gooding? (result at the bottom). These were the approximate results from Monterey - just the Russo and Steele 512 tr missing. RM: Black 95 512 m $440k - I think inc. fees not sure. Blue 89 Testarossa $220k inc. Rick Cole: White 89 Testarossa $335k inc. Mecum: White 86 Miami Vice N/S (600k) Yellow 95 512 tr $270k inc. Yellow 92 512 tr N/S (440k) Rosso 89 Testarossa $132k Gooding: Gun Metal 512 m $599k (not sure if inc.) Dom.
I don't want to be rude but who is the 👽💀 that didn't sell his 86 TR for 600000$ ? Just asking...awww...no...I don't want to know.😕 It would have been the property of The King of Earth, 600k$ is a h👻ll of a deal, no?
Just returned from my 1600 mile round trip to Monterey, in my now 14,000 mile 328GTB. Who says we don't DRIVE our cars. Specifically signed up to look at and bid on the White 1989- 318 mile Testarossa at the Rick Cole auction. Looked at the car on Friday night, and again after looking at countless MUCH higher mileage cars at Concorso Italiano. Many of the 30 -40,000 mile cars looked as GOOD or better than this garage queen car. I just didn't understand how the decals in the engine compartment could be almost illegible, the black metal parts looked like someone rattle canned them. My 15,000 mile TR has totally new looking decals, Scrapes in the undercoating on the rear valance or muffler shield makes it LOOK like it probably was dented in and repaired. This car just plain looked suspicious. Very nice interior with no dash shrinkage and not much signs of wear on the driver's seat, but obviously showed that people had been getting in and out of the car for years. It WASN'T what you expect for 300 miles. I expected concours quality and frankly this car SHOWED like a 20,000 mile car in some areas. 330K is ALL the money for this car. Some dealer may pimp it out, but something was rotten in Denmark the way it looked. The engine compartment was no where CLOSE to looking like a new car. If they spent 24K servicing the car like the ad stated, they didn't spend a minute detailing the engine.
Shamile, just out of curiosity, what do you have in mind to replace the TR? And don't say a McLaren! Everybody seems to be selling their TR for a McLaren these days
It was a joke, Al. I just noticed recently many of us talking about McLarens as possible TR replacements, I find that funny.
We keep talking about a "bubble." $200,000 testarossa's and $100,000 328's aren't a "bubble." Some cars are selling for twice that... THOSE cars may be the flukes... When a DINO shell, thats rusted out, sells for $300,000... thats high When a daytona sells for a million... thats high When a gto sells for $38 million... thats high... A testarossa/328 selling for what they retailed for new in the 1980's isn't a bubble. These things are selling for LESS than a new ferrari... When the prices exceed the costs of the new models... thats when we will have finally reached "collectible status." Keep in mind, chevy's and fords were selling for 100-500x their new retail price years ago (MSRP $3400, selling for $500,000+). When a testaorssa sells for 100x retail, THATS a bubble. Lets see... that should be about $18,000,000...
Notwithstanding the fact that you need to PV 1980s dollars, the TRs are significantly selling below original MSRP. And that takes into account that in 88-89, most were selling at a premium over sticker. I think you're spot on. Sent via itty bitty electrons
We are in a world economy right now... Russia, India, China... they all aspired to 1980's greed just like we did... As the world markets open up, 8000 testarossas world wide will seem like a miniscule amount. What makes a baseball card worth millions? A fabrege egg? A Monet (He made HUNDREDS of paintings... its not like there is just the "one.")? As we slowly evolve into electric cars, the cars from the 70's and 80's will be seen as the pinnacle cars... The millenials don't seem to care much about cars. But the teens growing up in the 1980's are just hitting their 40's now. Peak earning years are in your 50's. Dream cars are bought in your 60's... Ever looked at who is buying the ferrari's for 2-10 million? Its not the 40 year olds... Its usualy some guy in his 60's... The testarossa may still go up, and then down in value. It will hem and haw. But the 20 year trajectory is straight up... Bo
I can only think of "1" Super Car from the 1980/90s that can be purchased for LESS than the original MSRP. That Super Car being the Testarossa. Please give any other examples if you can!
Do I really look like the kinda guy that would drive a conservative McLaren? L A M B O R G H I N I BABY! Depending what happens with my Diablo VT Roadster, I would buy a Murcielago LP640 Roadster, sell the Ferrari and then go on to an Aventador. Gawd, I love the Aventador, the lines are so harsh and edgy. It's like modern art on wheels. Shamile Freeze....Miami Vice! Image Unavailable, Please Login
Just an update, the russo and steele white 92 512 tr with 35k miles went for 192k (all in I think). Yeah what everyone says I think too. 7000 is nothing compared to the millions of ppl growing up who dreamt (and still dream!) about getting a Testarossa - and they are just starting to get to an age where they can. The Countach and Testarossa are king & queen of the 80's. Which brings me round to my next question......Shamile.... Once ur Diablo roadster is sorted/sold and beloved Testarossa gone too, wouldn't u be able to get a Countach? I mean even if it's "just" an anniversary? Just wondering that's all. I won't shout at u if u say u don't like them.... but I will send the guys with the meds round Dom.
Hey Dom! I did have an opportunity to buy a white on white Countach for $83k years ago. That same car sold for 350k a couple of years ago. I don't regret missing it at all. I drove it and while I loved it, it just wasn't strong or reliable enough for a daily driver. I really prefer the lines of the Diablo. Add in a huge increase in power, better brakes and more reliable running gear, I never looked back. I'm really not a fan of the rounded lines of the murcilago as I really prefer the harsh angles of the Aventador. The Aventador, while great, is headed for a huge drop soon. There's just too many of them and too many on the used market. 9 Diablos for sale 52 Murcilagos for sale 95 Aventadors for sale! 11 Testarossas for sale. You can see where this is going. So, I'll just suffer with a LP 640 Roadster for now. Shamile Freeze. ..Miami Vice! Sent from my SAMSUNG-SGH-I747 using Tapatalk
Shamile, I think you're right about Lambo v McLaren when you look at price versus depreciation. The McLarens prices seem to drop precipitously, which is why I'll wait a couple of years to buy a previously owned 570S and sell the TR. the Lambos are sweet though, but I see more of them around than McLarens (I wonder why, chuckle). Sent via itty bitty electrons
Haha...I have a little test. When you say......"strippers and blow" , what car comes to mind? ....it's not a Ferrari or McLaren is it lol I like the current brand image which is the outgoing fun guy that has a drink in one hand and an insanely tall thin blonde in the other. Yes...yes, we know Lamborghini is trying to change that.....good luck with that. Shamile Freeze. ..Miami Vice! Sent from my SAMSUNG-SGH-I747 using Tapatalk
And that's why penicillin is a popular option with every Lamborghini car sale 😷 Sent from my iPad using Tapatalk
Talking about Ferraris and McLarens and whatever. Today I drove my 512M (first pic) to the McLaren factory in Woking (second pic) to pick up the 650S Roadster I am reviewing for the next week (third pic). Please, lust over the second pic. I'm just trying to work out whether I enjoyed the drive there, or the drive back, more. Anyway there are worse ways to spend a Wednesday I guess. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
