Thoughts on this TR?

https://classics.autotrader.com/classic-cars/1990/ferrari/testarossa/101659184

The thing has 65k miles on it, and I'm inclined to do services on it myself. Is $130k reasonable for 65k miles? Thanks!

 

If I were to sell my ‘90 with less than 20k miles, I’d likely ask in the 130 range. Is it perfect? No…. but damn near!

 

Did you check values on hagerty.com?

 

I know of an 87 that just sold here in Canada, super clean, good records, fresh service of water pump, tensioner bearings, belts, valve adjustments and new gaskets, negotiated a new set of tires $119k usd and the car has 41k km or 25k miles. There are good cars out there, I think $130k usd for a 65k mile car is a bit on the high side.

 

It should not even be 90k


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Either my monitor is screwed up or that entire interior was redyed the wrong color.
Non stock wheels
Non stock engine cover piece
Non stock exhaust
No mention of stock parts being included

I would need to want one pretty bad.

One of the reasons it makes any sense to keep a pile of money in one of these cars is because of the percentage of it you get back when resold. These have gotten to the age where the originality of the car gets more and more important to its value. Modifying one is up to the owner but the ability to return it to stock form has a very real value and there seems to be a barrier to that built into this car.

 

I really cannot stress how much I appreciate everyone's knowledge and insight on this - thank you all so much. I called the seller about it yesterday (prior to reading these responses), and said that although it's for sale, wouldn't allow the car off site-for a 3rd party inspection, nor does he want the engine started due to the belts not being serviced in a while.

I feel like that's a bullet dodged.

 

I guess you are supposed to take it on faith the motor really does run. He would be money ahead to have the service done. Doing it that way he really should not expect offers higher than salvage value.

 

Agreed!


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The ad stated the car had a recent service. It also stated the car was rosa red, the only color to have, and the car is a race car. WOW. Sometimes dealers reputations as being shysters are deserved. The rosa red is THEIR spelling not my fumble fingers typing.

I purchased a 3000 mile car one year ago for 165K. Pretty much top of the market at the time. Their price at 35k less than an almost perfect low miles car is totally bonkers.

 

WAAAAY overpriced at $130k

 

Heeeyyy sounds familiar….[emoji854]


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Amen


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Oddly the alarm light in the console and the amp up front scare me the most. That means the wiring has been tapped into for the alarm and the electrical box may be 'customized' for a booming stereo. For 130 they didn't even re-tuck the carpeting in around the battery kill switch when they 'serviced' it.... Poor car, deserves better than its had, for sure. I'm sure it'll find a home, just not at that price in today's market. FWIW, when I was looking in 2019, this was an 85-90 car (not this exact vin, but this level of custom and maintenance gaps).

 

I usually don’t comment on these things because of the whole “it’s worth what someone is willing to pay for it” thing. But the entire used car market is completely out of hand. People asking 1.4 million for Porsche 3.6 turbos and 130 grand for air cooled 911s that have well over a hundred k miles. It’s a stupid time to buy a car. Let them flush their money and wait for the market to readjust.

 

And u also dress very well!


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LOL !!!

Thanks Nat, I try

 

{comment redacted}

Back to the TR tired of this senseless bs please


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Gents,

Let's please keep the discussion on the car in question. If we want to have an political economic debate, let's please take it to P&R.

All the best,
Andrew.