512 TR values - Another leg up | Page 6 | FerrariChat

512 TR values - Another leg up

Discussion in 'Boxers/TR/M' started by ASK328, May 3, 2015.

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  1. 1997spider

    1997spider Karting

    Nov 18, 2014
    52
    Washington DC
    Full Name:
    Alex
    It is def a 1994
     
  2. DanielG

    DanielG Formula Junior

    Jul 12, 2005
    358
    Veradale
    Full Name:
    Daniel
    I have a picture they sent to me of the dash lit up, NO ABS. Not sure, but I think it is a very early, if not a very early 93 sold in 94. It's serial number confirms how early it is. It's still a beautiful car that needs a little fix in the big picture.
     
  3. dontilgon

    dontilgon Formula Junior

    May 30, 2011
    336
    NY/PA
    Full Name:
    Joseph
    I personally wouldn't spend that on an early 94 but for late 94 absolutely
     
  4. 1997spider

    1997spider Karting

    Nov 18, 2014
    52
    Washington DC
    Full Name:
    Alex
    ABS not standard on all 1994s? Here is the VIN:
    ZFFLG40A2R0096902

    Not sure if anyone know anything about this car?
     
  5. adamssss

    adamssss Karting

    Apr 21, 2007
    57
    My 94 has abs and the upgraded differential with a very close serial number of 96982 (Canadian spec. if that makes a difference).
     
  6. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,280
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
    Have a look in our TR bible :)
     
  7. ross

    ross Three Time F1 World Champ
    Owner Silver Subscribed

    Mar 25, 2002
    38,154
    houston/geneva
    Full Name:
    Ross
    do you want somebody local to go have a look?
     
  8. 1997spider

    1997spider Karting

    Nov 18, 2014
    52
    Washington DC
    Full Name:
    Alex
    Just confirmed through the original build sheet that it has ABS. Having a PPI done Wednesday....stay tuned. Thanks!
     
  9. DanielG

    DanielG Formula Junior

    Jul 12, 2005
    358
    Veradale
    Full Name:
    Daniel
    #134 DanielG, Nov 9, 2015
    Last edited by a moderator: Sep 7, 2017
    How come with the dash lit up there is no ABS light? Mine does have a light.

    He checked the key in all positions cranking not cranking and so on.
    Image Unavailable, Please Login
     
  10. 1997spider

    1997spider Karting

    Nov 18, 2014
    52
    Washington DC
    Full Name:
    Alex
    #135 1997spider, Nov 9, 2015
    Last edited by a moderator: Sep 7, 2017
    ABS light is on the right side of the dash, to the right of the tach...see pic....item #14...this is from the '94 owner's manual. Looks like the pic you have is only the lights above the gauges, so you would never have seen an ABS light regardless.
    Image Unavailable, Please Login
     
  11. fcort7

    fcort7 Rookie

    Oct 6, 2015
    7
    Does anyone know of any engine issues with this car. I know someone had a ppi done on the car.
    Any input would be appreciated
     
  12. fcort7

    fcort7 Rookie

    Oct 6, 2015
    7
    Can you share you ppi
     
  13. fcort7

    fcort7 Rookie

    Oct 6, 2015
    7
    Does anyone know of any engine issues with this car. I know someone had a ppi done on the car.
    Any input would be appreciated
     
  14. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
    9,589
    southwest Germany, France ( Alsace ) and Thailand
    Full Name:
    romano schwabel
    fcort7

    would be great if you could introduce yourself a little and fill out your profile
    thanks
     
  15. azmurciev12

    azmurciev12 Karting

    Dec 7, 2004
    80
    is that what a 1994 cost now? that sound good to me. i have a black/black.
     
  16. MoeD

    MoeD Formula 3

    Aug 1, 2007
    1,278
    USA
    Full Name:
    Moe D
    There's a '94 at Beverly Hills- Black/Black with 16k on the clock asking 429k

    but then there are a couple of straggler 512TR's on the general market asking low 200's

    I wish these guys would get it together because the vast stretch in price range leaves an undefined market value for all 512TR's.

    Personally, I thought a Good '94 would fetch 500k by year's end, but I see the market has been stifled on this model because of the large price variations and lack of agreement on pricing

    Looking for input--
    Do you agree and what do you think about 512TR values overall?
     
  17. Themaven

    Themaven F1 Rookie

    Nov 2, 2014
    4,376
    Eastdown
    Full Name:
    Darius
    I dunno if you can get an agreement on pricing? This isn't OPEC, it's various people..if the 200k sellers don't sell, then 200k is too high. All asking prices, offers not bids.

    sometimes higher priced cars sell more easily than lower ones in this world..

    I think great TRs will sell at great prices, and average ones for a lot less - big delta on condition/miles.
     
  18. fcars

    fcars Karting

    May 10, 2014
    205
    So Cal
    All great points. The more expensive the car the bigger the delta will be for condition and miles. Also it seems that the more rare and expensive a car is the more volatile the pricing will be. Used Ferrari prices have a lot more ups and downs than the price of a used Honda Accord...
     
  19. -CD-

    -CD- F1 Rookie
    Silver Subscribed

    Jun 7, 2005
    3,839
    near the Nürburgring
    Full Name:
    Christian
    #144 -CD-, Nov 28, 2015
    Last edited: Nov 28, 2015
    ...
     
  20. MoeD

    MoeD Formula 3

    Aug 1, 2007
    1,278
    USA
    Full Name:
    Moe D
    Agreed about the delta concept, but 512TR values have an uncharacteristically huge delta.

    Most cars have a given value and then there is compensation up/down for condition, mileage, color etc.

    The delta on 512TR's is so huge, the values are all over the place. Sorry but on this one I believe values are not very clearly established for even a plain jane reasonable 512TR.

    Sure these cars started to move up with many of the F car models these last few years, but I feel like, unlike other models, the market on these cars never fully evolved, and then as price growth pace slowed, prices on this model were left in disarray.

    I hate to say this, but it's my feeling. I'd love to see the market move just a little bit more so that 512TR pricing could finish it's morphing and find a more clearly defined stable positioning.

    Does anyone agree to any degree?
     
  21. Schulz308

    Schulz308 Formula 3
    Rossa Subscribed

    May 21, 2014
    1,512
    STL USA
    agree
    It was a speculator/dealer driven market for a year or so but now I see the same cars still for sale and no buyers at these prices, they have gone too far too soon. Normal human response like a gold rush. There will always be a Marshall Goldman IAG or you name them, asking too much trying to find the people that have more money than most. I cannot fault them for trying this approach first, its just business of course. They will sell the same car at a reasonable price at some point if no big fish takes the bait.but it creates a large gap in pricing.

    Then a realistic minded seller that really does want to sell and not play games accepts a much lower sale price based on condition miles, etc that reflects what most of us would pay at that time.

    Maybe we can post our own KBB equivalent on Chat to bring a more stable price point for all TR's, but isn't that what this thread and http://www.ferrarichat.com/forum/boxers-tr-m/468347-current-testarossa-values.html is essentially doing?
     
  22. AOE

    AOE Rookie

    Oct 11, 2015
    42
    Bay Area, CA
    #147 AOE, Dec 2, 2015
    Last edited: Dec 2, 2015
    Since I've been an active buyer for the last several months I've had a few direct experiences with several of these, had a few PPI's conducted, and now close to finalizing a deal on one. The ones in the sub-200k/low 200's that I've come across have some issues that ultimately prevented me from moving forward. i.e. mechanical issues, poor maintenance, paintwork, etc. Even some of the higher priced ones were lacking in service history and maintenance and clearly a dealer testing the upper limits of the market. As an example, I believe the first time I saw the black one at LoH it was priced at $275k with "drivetrain issues". I was contacted by the salesperson recently that he was given the green light by his management to "wholesale it at $190k". I gave him my feedback that a car that's been sitting for several years with an unaddressed blown differential (and whatever other drivetrain issues he mentioned previously) and had been caught up in litigation with the dealership's previous owners is going to have a hard time selling at any price to an informed buyer, let alone at around $200k when perfectly functioning cars are sitting on the market offered for less. He appreciated the feedback and was going to take the feedback back to his management.

    Net/net I agree with the above post that rational buyers seem to be holding their ground at the $200k mark for very solid cars and a bit higher for '94's.
     
  23. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,280
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
    Go and get one in EUROPE !
     
  24. msdesignltd

    msdesignltd Two Time F1 World Champ
    Rossa Subscribed

    Nov 17, 2003
    20,564
    NYC. / E. Hampton
    Full Name:
    Michael
  25. Schulz308

    Schulz308 Formula 3
    Rossa Subscribed

    May 21, 2014
    1,512
    STL USA
    You all know the old saying, These cars are worth what someone is willing to pay at the moment. Lots of no sale relisted moments out there currently. I would like to hear about confirmed sale prices but that's not bragging territory too often. IMO 512TR's are going up in value just at a more realistic rate now vs 6 months ago.
     

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