Wow that's a steal for a 94 with low miles.
That 1994 looked a very nice car, don't think you could find as late a production car even in the US.
Looks a little dirty, and due for a service, but she should clean up nice, I think. It's funny, the standards we hold these cars to. Any random person off the street would call that white one "excellent" and would call mine "perfect." By the standards of collectors, though, they're both ****.
Cars are judged on the curve. When the market place has so many perfect and near perfect cars it lowers the rating of all the others. The white one is good but does not rise to excellent, not by quite a bit and I am no collector. . For 20,000 miles its been rode pretty hard. It has fewer miles than ours and looks beat in comparison. I spend very little time working on it, I just take care of it and don't treat it like a rental car. When a car, any car has that little care taken of it I have to assume it extends beyond the cosmetics, kind of like the 5 year old oil filter. My Ford pick up looked a whole bunch better when I bought it with about 18,000 miles. My pick up.
How so? I'm not arguing with you. You obviously see something I'm missing. Maybe I can learn something.
Just like right now, Ferrari dealers I don't think are allowed to add additional markup to the MSRP of the cars they sell. Just like now, if someone was able to purchase the car at MSRP at the dealer, they could turn around and sell it for a pretty hefty profit. The bubble of 1988 had almost fully collapsed by 1990. Rifledriver, maybe your car did sell for 300K but I would think that was a sale from someone who was lucky enough to buy it at list price. I KNOW the 1991 Testarossa I purchased last year was sold for MSRP in 1991, as I have the canceled check. We're kind of in the same situation right now, where new Ferraris with an MSRP of 410K are being resold for 550K or more. The Testarossa was an incredibly sought after car, right in the middle of the bubble in 1988, but that bubble crashed and crashed pretty quickly. The Ferrari Daytona Spider prices escalated 100k per month, until they peaked and crashed. The Testarossa had the enviable position of being produced right in the middle of the most frothy bubble the Ferrari market had up to that date.
Seats have been redyed, the leather panel above the glovebox door has non matching leather and was incorrectly installed, the carpet on the speaker boxes is wrinkled and does not really fit, the fit of the right end of the glove box door and the end piece of the dash is a very poor fit. Looks like Stevie Wonder reinstalled the dash. The NLA door seals are in bad condition, someone drilled 4 holes in the right side of the console, the radio door is a poor fit and looks like its damaged along the right side, It looks like the ash top is non matching leather but not a single good picture of the one piece everyone knows is a problem area. That also explains why the dash has been removed. Leather vertical panel behind seats has more wrinkles than a Shar Pei. Same with carpet above it on luggage shelf. Over spray in horn area behind bumper, broken rain collector panel on underside of front hood. Front under panels were damaged, not well repaired especially at front edge then they and the front suspension were all shot with undercoating in areas the factory never did. Rear suspension and subframe shot with undercoating including ares not under coated by factory. Undercoating is used to hide things and it was poorly done. And like I already said, the oil filter is 5 years old. Looks like a 10 year old work truck, not a Ferrari someone gave a crap about. Our Testarossa has more miles and has none of this. Like I said, I don't spend much time on it, I just don't treat it like a rental car. My dash looks like the day Ferrari installed it. Its not hard to do.
What color combo was it? I have said a few times I can't remember if it was $300k or $330k the highest I saw one sell for and it was right around 1990, possibly your car? I thought it was red/black
Nice dream. We have the original paperwork. First buyer paid $300 K just like many others. We bought from him. Factory cannot tell a franchise what to charge. Lots of brief cases change hands as well. Prices did not crash in 88. I was working in a very large volume dealer at the time. Your information is quite faulty. 90 was still the wild West.
Prices moved FAST in those days, one year later I bought my 1700-1800 mile '89 for $125,000, the owner was mad, he turned down $100K more the year before. He wanted to move the TR, he had a new 348 inbound and wanted to be rid of the TR he didn't drive. Never understood that one, wanted a smaller V8 over the boxer 12.
Hardly a dream. I didn't say prices crashed in 1988- that was the start of the serious bubble. They certainly had crashed by 1991. I knew a lot of buyers were buried in their cars. In 1989 at times I had over two million dollars worth of cars in my independent shop. These days, probably closer to 20 million. I can't say exactly what MONTH in 1990 the market crashed, but crash it did. Maybe you should do a little research. If someone paid 300K from the dealer for your car, they were LATE to the party and ended up losing their shirt. The NON- enthusiasts that invaded the car market to make a quick profit, were certainly left holding the bag. The run-up was quick, the downturn was relatively instant. I purchased my first Ferrari in 1982 so I'm not new to this. I was at my local Ferrari dealer yesterday looking at a NEW car on their showroom floor, that the sticker was 410K. Fifty feet away was another "used" car selling for 550K. I discussed this with the manager who I KNOW, and he said they can't sell their new cars for the inflated prices. The laws of supply and demand haven't changed much in thirty years. So although they have the car with the invoice in the window- it's really NOT for sale. Kind of reminiscent of the Ferrari market in late 1989. But the bubble in the late 80's was a manufactured one, NOW what's the case- people wanting their money in real things rather than stocks, inflation worries?
That car is for sale. You can have it today. All you need is a check for the Monrony price and a brief case of dead presidents. You have not been doing this long have you?
Man, I was right … I learned a lot from that! Thank you!! Many of those things I saw. Some, like the incorrect panel over the glovebox, I would have seen if I’d looked closer. Many, like the incorrect undercoating and the overspray behind the bumper, I’d have never seen, but you have taught me to look more closely. How can you tell the seats were dyed? Can you see that, or are you inferring it? Again, not arguing, just asking to learn.
The thread disappears because it is the same color as the leather now, It is cracking on the surface. The original does not do that. With the leather that rumpled up there would be areas there was wear in the dye. On the drivers seat there is space between the headrest and seat back. The trim piece where the rod goes into the seat back it should be black and the rods should be chrome. Very bush league dye job. The more I look at the pictures the worse that thing looks.
Maybe the color on that trim piece varied through the years or interior color? This 2k car should be correct. https://bringatrailer.com/wp-content/uploads/2021/08/1989_ferrari_testarossa_1628815993dc88852a4a08-09-2021-FERARRI-TESTAROSSA-BAT-116.jpg?fit=2048%2C1152 https://bringatrailer.com/listing/1989-ferrari-testarossa-16/
