To all those saying the Testarossa won't appreciate much because there were 7k made..

Good thing you don't have ANY new Ferrari!!!

 

Once in a while on F-chat you start a fire storm without knowing. And instead of killing it people poor more fuel on it.

 

The word is not circulating about the TR as yet. Idea - everyone get in their cars on the next sunny weekend day and go for a full day's drive. Get the car visible and heard. Advertising is a proven method. This type is actually fun too. If you've got your TR cocooned in the garaged, you are guilty of this blame going around that prices are not rising, or not rising fast enough. Did everyone buy their car to make money? I thought it was about the CAR...

 

I drive mine all the time! People LOVE seeing the car driving down the road and point

 

This is the funniest thing I have read on here all year. IF you believe that there is no correlation between the Countach and the Testarossa, then you need to have your head examined.

 

Right on. Advertisement on wheels. Here's mine spotted a few months ago.

Ferrari Testarossa spotted in Detroit, Michigan on 08/13/2014

I also took it out today for a final spin. It attracts all ages especially those born after the car was made. Don't think many cars can draw that much attention.
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I actually did this today with the extra hour of sleep from day light savings.

It's going to snow soon, today was a perfect day to fill up the car,and pump some extra air in the tires.

Had one guy complimenting the car, he said it was his dream car , I told him to join fchat and check out the Testarossa section. I also told him to grab a line of credit off his house and look for one that had all the upgrades with a service and all the other goodies and not spend more than 40k US.

When I told him they made 7,700 cars and his chances were high that he could find a great car for that money. I told him not to be discouraged. Regardless of asking price offer no more than 40 grand and he would eventfully find a car in quick order.

Hopefully he joins soon to join us ..... Seemed like a nice guy.

 

Brad, why are you the expert on this alleged 'correlation', and in fact, all matters of pricing, Dino's ,etc? A correlation to my understanding is a relationship between, in this case, 2 items, the TR and the C. If the C triples and the TR does not, how is there a correlation? They should move together, right? Well, they aren't. The fact that they were manufactured at about the same time isn't enough for me. What about a mid 80's 911 turbo? Was that not on bedroom walls as well? Maybe the prices were the same in the mid-90's as you say, but that has well and truly broken down, wouldn't you agree? TR and C buyers are the same? Well, for me, no. I wouldn't have a Countach no matter the price. There are likely others in the same boat, or the other way around. And how is the buyer who can scrape together 50-60k for a TR the same buyer for a C worth 10-20x as much? You can bang on as long as you like that they should be the same price, but you may be waiting for a long time for that to happen, if it does at all. In the meantime, telling people to get their head examined because they don't agree with your expert opinion, tiresome...

 

The market says otherwise, you are just lashing out over your frustration......I forgive you!

 

Rick, that is not cool. This poor guy is going to chase a car in a market everybody is asking too much and will become frustrated. He will be pissed off and say all those TR owners are crazy. He will buy a Countach at $450K and be happy. Or maybe a Diablo at $150K.

Lucky you were to drive her today, mine is stored for winter but I came very close to get her out. But instead I went flying with my cousin.
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Since I'm a noob on this forum, I can't tell if you're being serious or sarcastic?

 

Not serious.....except for the guy fawning over his car.

 

I'm not frustrated I just think it is funny that there is more than one person on here that thinks there is no correlation. It is already noted that the price is not in direct correlation DUE TO PRODUCTION NUMBER. Everybody knows this. And as far as "the market speaking otherwise" wrong again. If so, then why are 512tr and 512ms flying into the 2-300k range? And why are the Testarossas rising as well? Coincidence? I never even argued that they should be the same price, I know and understand why they aren't, not sure where that assumption came from. Was I frustrated when the TR got left behind on the mega-appreciation? Of course, but am I on here trying to say that they should be the same at this very moment? NO. Should I post the ads of the cars showing equal value in the past? LOL The hits keep coming. If there were only 2k testarossas made, then they would be right up there next to the Countach, FACT. Other than that, these cars are attached at the hip in the eyes of the world that is old enough to have seen them in their heydey. You could write a small novel on these cars, not to mention the popular culture that continues to surround them. They are the kings of the era of supercar flamboyance and the most well-known. I'm not saying that they are one in the same car, and I have heard that they are quite different to drive, as I have not yet driven a countach. Have either of you guys Shark01, or Ace355 driven a countach? Please enlighten us if so. Please back up your claims, I have backed up mine. Fact remains that they are both the wildest, craziest cars that the two brands have created in recent memory. Both are rear engine 12 cylinders, very primitive. I could go on all night but it isn't worth the time. I guess there was no relation between Magic Johnson and Larry Bird either. Because let's face it, they both had very different styles of play. LOL

Oh and since I'm so quick to spew untrue things. Go back through some threads or ask Chairman about how I called the TR/Countach rise due to the wolf of wall street. And I called it 6 MONTHS before the movie came out, which would have been back in June 2013 when I bought my Testarossa. You know, back when Countaches were still on craigslist with 100k asking prices. Yeah that happened, DEAL WITH IT. Because I did, Fact. Called it before the bubble even began. So while you may not agree with my claims and evidence, "The market has spoken differently" as you like to say. I can't be that far of base, sorry. Why would I be frustrated when I predicted such a market change and then watched it come true?

 

I always watch the Mecum auctions on cable and the price of muscle cars is way down over the past 5 years.

 

I watch the Mecham auctions also. IMHO one of the reasons muscle cars are down over the last 5 years is because in the there are many choices, Camaros, Mustangs, GTO's, Challengers, Cobras, Chargers etc. Parts are plentiful and the tech is low, thus the market was flooded with muscle cars. In fact any person could buy a clunker for a few grand and build one from readily available parts. Caveat.....a builder can go cheap or full body off restro. Mid 2000's there were 'zero mile' 60' Camaros in the $25k range all day long on Ebay.

Point being, every shop and their brother was pumping out muscle cars. Same thing with the custom Harley scene. Late 90's it was cool to have a custom chopper then everyone had one.

When the stock market crashed in 2008, lots of people had to sell their toys. TR's suffered the same fate. BUT the only competition to the TR is the Countach and possibly the Diablo........but their limited numbers give them a leg up in this comparison.

With that said, I really wonder how many TR's are roadworthy? 5,000?

 

Less than that. Even if there are 4500-5000 left, only a small percentage are actually up to date on service and ready to rock and roll. I guess it all depends on what your definition of roadworthy is.

 

Brad, I'm really happy you 'called the market' and bought in when prices were lower. Why do you feel the need to keep telling everyone? I bought mine around the same time but I don't think anyone cares to hear me tell them I nailed it.

"Yeah that happened, DEAL WITH IT. Because I did, Fact."

Are you 31 or 13? I think we are all adults here.

Was there a correlation with TWOWS? I'm sure it didn't hurt, but to say that was the entire reason...not sure regarding Testas. Fact is that all Ferrari's have gone up in the time you speak of (from 2013). Even the lowly 400 is on the rise, maybe even by a bigger percentage gain than the Testas. If Testa prices trippled, I would have an easier time believing the movie really set the market on fire. Maybe it did work for the Countach, but I'm not going to connect those dots like you do. Its like saying I was standing outside a bank that had just been robbed, with a fist full of cash, so I must have robbed the bank. Have you spoken to any recent buyers of Countach's that have expressed this connection to the movie? As I said, I'm sure the movie didn't hurt, but when the whole market has gone up over the same time period, to claim that you called it, I suspect most of that gain was going to happen anyway.

You have 2 cool cars and I have seen you post some good comments about them. Its just this ego thing you have about being the Ferrari Prophet that gets annoying. How long have you been 'short' the Dino market? "Markets can remain irrational longer than you can remain solvent." You're not a fortune teller any more than I am. You just seem to have this chip on your shoulder that since your boat went up with everyone else's, you're the expert. Be careful with that.

 

1. All of the cars have been going up, but how many have actually tripled or quintupled? Clearly another factor beside the bubble influencing price, otherwise the price would have rose somewhat close to what the others have.

2. The Countach quadrupled in value in late December, SAME month as the movie was released. You can literally watch it on the value graph go from ever so steady to bat-sh*t crazy as the month comes to an end. And again, have you driven the Countach so you can back that claim up made earlier?

3. The 512m and 512TR cars have almost tripled.

4. Buying the car was lifelong dream of mine, nothing to do with the prediction I made. The only effect that the movie had was to make me get out there and get the car before the movie came out and the inevitable happened, leaving me paying more money for the car that I knew I was going to buy anyway.

5. I don't have a chip on my shoulder. The deal with it comment was just sarcasm that I was borrowing from big red, nothing more. The Countach has no correlation to the Testarossa comment was what left me astonished and annoyed. Probably the most naive comment I have ever read on here, no offense. Legions of Tifosi and gear-heads would agree.

6. I'm 7 years old

7. Many people who are Ferrari owners are still scratching their heads and wondering why in god's name anybody would pay a half of a million dollars for a Dino. It isn't just me. I've been short on the Dino market ever since they hit the 300k mark. I promise I won't gloat when they belly up and go back to 200 where they belong. I'm confident in my predictions, what can I say. That doesn't make me an ego-maniac.
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"The Countach has no correlation to the Testarossa comment was what left me astonished and annoyed."


Let's get to the bottom of this. I'll speak for myself, but I think Shark01 was along the same idea...you are saying there IS a relationship, a correlation in pricing at present. My view is that there isn't. You gave one datapoint from the mid 90's, I believe when their prices were the same. I will give you that perhaps their prices since have moved up and down together percentage wise, or stayed steady. What I am saying is that the relationship has now changed. Instead, one is moving many multiples of the other. That is no longer a correlation. It is a game changer. The markets are now independent. This happens in financial markets all the time, and you trade at your peril if you are commit money to a relationship that does not exist. If you think they will go back to the old relationship, sure, that's possible, but at the moment, the market has chosen (and not my favorite) that the Countach is the best investment. And really, that's what this dollar bracket is now - investment/speculation.

 

Okay, I'm not going to post about it any more as you're clearly not reading the posts in their entirety. I was not referring to price only

 

I believe the Testarossa is about to enter a bubble......at least mine
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Its for the best, its hard to see someone go into full melt-down over stuff that doesn't exist. The TR will rise or not based on its own merits.

 

I tend to agree, I've been following this car for the last 15-18 yrs , 20% of these cars are gone. I think the ones that were used the most and destroyed was the 84-87 ones. When the market was climbing and the waiting list was a solid 2yrs many of the later cars were not driven and saved.