Testarossa depreciation | FerrariChat

Testarossa depreciation

Discussion in 'Boxers/TR/M' started by judge4re, May 2, 2005.

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  1. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    I searched, didn't find what I was looking for.

    Have TR's fully depreciated, or is there still room for them to go down? I'm not talking regarding one needing a lot of work due to age or a high milage example, but a solid driving car.
     
  2. Texas Forever

    Texas Forever Seven Time F1 World Champ
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    Apr 28, 2003
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    Texas!
    Now, yo finally be pimping. I knew that you had it in ya!

    Dr "Funny, how weak minds think alike" Who

    ps What was MSRP on the Gen 1 TRs? My rule of thumb for newer cars is that 35% to 40% of MSRP is the bottom.
     
  3. judge4re

    judge4re F1 World Champ

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    1987 MSRP was $134,000 according to NADA.
     
  4. judge4re

    judge4re F1 World Champ

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    But I trust these numbers more.

    Testarossa 1986 $90,170 Factory Gerald Roush
    Testarossa 1986 $94,970 Factory Gerald Roush
    Testarossa 1986 $103,470 Factory Gerald Roush
    Testarossa 1987 $110,700 Factory Gerald Roush
    Testarossa 1987 $93,600 Factory Gerald Roush
    Testarossa 1987 $94,970 Factory Gerald Roush
    Testarossa 1987 $121,700 Factory Gerald Roush
    Testarossa 1988 $127,650 Factory Gerald Roush
    Testarossa 1988 $122,700 Factory Gerald Roush
    Testarossa 1988 $129,900 Factory Gerald Roush
    Testarossa 1988 $135,050 Factory Gerald Roush
    Testarossa 1989 $141,780 Factory Gerald Roush
    Testarossa 1989 $122,700 Factory Gerald Roush
     
  5. Texas Forever

    Texas Forever Seven Time F1 World Champ
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    Apr 28, 2003
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    Texas!
    Shawn Speer, I forget his name here on F-Chat, but he is one of the Dino key fobs nutjobs :), has a nice 87 TR in the FML. The service was done by Ferda here in Houston. It is supposed to be a nice car, although I haven't seen it. I understand that he is motivated.

    BTW, don't ask why I'm even slightly interested in this car, but I did post a thread awhile back about driving with my son to Monterey...

    Dale




     
  6. Steve Magnusson

    Steve Magnusson Two Time F1 World Champ
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    #6 Steve Magnusson, May 2, 2005
    Last edited by a moderator: Sep 7, 2017
  7. Simon

    Simon Moderator
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    Aug 29, 2003
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    Just my little ol' 0.02c opinion, but surely they can't go lower.
    This lunchtime scouring the ususal on line car sites here in CH i 've seen the first Testas at top end 308 money. That surely has to be the end.

    One was parked close by yesterday, that rear 3/4 view is something else.
     
  8. judge4re

    judge4re F1 World Champ

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    Add in the market adjustment on top of that too.

    Those were the days...
     
  9. PerryJ

    PerryJ Formula 3

    Jun 5, 2003
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    I told you that you NEEDED a TR next :D

    that might be where I'm headed too ;)
     
  10. judge4re

    judge4re F1 World Champ

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    I don't need anything next. :)

    I'm just feeling out the market. If the right deal on a Mongo cab or a 308 GTB or a 348/355 Challenge jumps out, all bets are off...
     
  11. PerryJ

    PerryJ Formula 3

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    it's against the italian law of ferrari ownership for someone to own FOUR ferraris and NOT have a v-12 !!!!! so the next one has to be a 12 !
     
  12. judge4re

    judge4re F1 World Champ

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    #12 judge4re, May 2, 2005
    Last edited by a moderator: Sep 7, 2017
    The 365 is a 12...
    Image Unavailable, Please Login
     
  13. Chiaro_Slag

    Chiaro_Slag F1 Veteran

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    The TR isn't a V12. :)
     
  14. PerryJ

    PerryJ Formula 3

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    I thought you had a 308gt4 sorry,


    and well a FLAT 12 ;)
     
  15. Eric308gtsiqv

    Eric308gtsiqv Formula 3

    Nov 26, 2001
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    IMHO, the TR values are on the rise...and will continue to do so -- just like the 308 values are as well.
     
  16. Birdman

    Birdman F1 Veteran

    Jun 20, 2003
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    Judge,
    I thought I was bad. You are a very sick man! With a very good woman. You haven't even taken delivery of the new 308 yet and you are oggling others to buy! Right on!

    When the second one landed in the garage, my wife said that if I bought another I would be sleeping in the garage with the cars. Just gotta build a nice loft in there I guess....

    Birdman
     
  17. Birdman

    Birdman F1 Veteran

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    Steve,
    That delivery paperwork is hilarious. They are kind enough to include as standard equipment on the car things like the fuel injection system. I guess they were looking for things to list so it would seem like the buyer was getting a lot of "standard options" like mirrors, a clock, etc. I'm surprised they didn't list doors, engine, bumpers, etc!!!

    Birdman
     
  18. LightGuy

    LightGuy Three Time F1 World Champ
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    Oct 4, 2004
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    The biggest problem with the TRs is that the maintenance costs are the same for an engine out belt change as a BBi which has much less production. I believe the market will continue to slide for both with the TR going to the 30s.( Not 512 TRs )
     
  19. jimangle

    jimangle F1 Rookie

    Nov 5, 2003
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    If Testarossa's dropped into the 30's I'd buy one in a second.
     
  20. FarmerDave

    FarmerDave F1 World Champ
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    Hello, God? It's me, FarmerDave.

    We don't talk much, but I need a favor.

    Please let LightGuy's prediction become truth, and guide the Testarossa market into the 30's within the next few years.

    Amen.
     
  21. parkerfe

    parkerfe F1 World Champ

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    The TR IS a V12...it is an 180 degree V12.
     
  22. Chiaro_Slag

    Chiaro_Slag F1 Veteran

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    Keep praying.... lol
     
  23. Eric308gtsiqv

    Eric308gtsiqv Formula 3

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    Isn't THAT the truth :D

    Glad I traded the TR in when I did...as the dealer gave me a whole lot more than $30k -- otherwise, I would have simply kept the car rather than let it go at that price level.

    Maintenance costs aside, I would've found it hard to part with the TR for anything less than $45k ('85 model).
     
  24. FarmerDave

    FarmerDave F1 World Champ
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    A guy can dream, right? :)
     
  25. Chiaro_Slag

    Chiaro_Slag F1 Veteran

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    Sure. :)

    I just found the prediction kind of funny.
     

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