That train has indeed left the station. Although it should drop a tad when the market cools off. My price limit on any car, no matter how much money I have to my name would be 300k. I am as big of a gear-head as anybody else but there are just too many other things you can do with that kind of money. Helicopter anyone? If the Countach never comes back south of 300, then I'll never own one, oh well
LOL I'm licensed to fly helo with instrument rating but it'd take $400-$450,000 to loosen my grip on my beloved TR. Sent from my iPhone using Tapatalk
So long as there are enough folks around anticipating a market decline, then there will be enough folks ready to swoop in and gobble up the "deals" which practically keeps the market buoyant a little longer and longer and longer until capitulation. And that's when the slaughtering begins.
In my youth during the 1980's most people would say the two premier exotics were the Testarossa and the Countach. When you look at what the Countach has done the Testarossa can't stay as far behind as it currently is. Look at this for example Click on this link: Fastest car of 2014?for price increases
I actually have friends from northern Italy who told me that "countach!!" was a local slang expression to say "holy sh#t!!" and it was pronounced "koontatch!!" with a "t" before the "ch"
cristophe, when I first have seen the countach I also told myself "holy sh#t", what kind of car is this
Yeah that`s so true! A few years on from 250`s at Ford prices - but in the 90`s it was awesome looking through classic car mags and seeing that you could buy Merak`s, Pantera`s and 308`s for the price of a used family saloon - and even yesterday`s flag ship supercars (ie. Testarossa and Countach) for the price of a new top spec., everyday car! Anyone who had a bit of money to buy them, run around in them for a year or so and try all the different ones out, could have had a load of fun. I guess the upside with the higher prices is that people will spend money on maintaining and restoring them if neccessary now though - where as back then they would get scraped just from a major mechanical failure. Now they will restore them from basket cases! From the point of view of buying a Testarossa now though, I think the higher production numbers makes the market more secure. I reckon there`s too many for speculators to buy them all up - but too few to satisfy the demand from the hundreds of thousands of 80`s kids who always wanted one and are getting to the point where they can buy one. Maybe that will make it hold up far better than the more speculative cars if the market comes down too. One thing`s for sure - at the minute you`re getting amazing value for money as it`s the only mid engined 12 cylinder classic left that you can buy under about 1/4 million! Dom
Ah yeah - hadn`t forgotten about them, I just still think of them as a bit modern - but actually many of them are 20 years plus now so just about classic - time flies! Do love the earlier ones best b4 they got rid of the pop up lights - retro Italian supercars have to have pop up lights! Have a good holiday everyone! Dom.
A very special holiday wish for all the current, and future, TR owners. Enjoy the holidays! Sent via itty bitty electrons
Please look at sales registered in Europe by Bonhams and others as described in The Ferrari Market Letter a few weeks ago.
I did notice this in a recent issue of Motor Sport and UK owners have been telling me the market has gone up significantly over there. Image Unavailable, Please Login
I absolutely love almost everything Ferrari has produced. Of my top 5 model picks, the testerossa is a very close 6th ;-)! I remember 4 years ago taking my boys to a car show and the testerossa was lonely with no visitors. I however I think the TR among the most beautiful and most likely to bring BIG BIG MONEY in the not too distant future. In fact, with probably under 175,000 cars of Ferrari models total available from the Enzo to Luca eras I would say ANY cars built before the 2016 model year will be worth a ton of money in the future.
This one too ? I don't ... .... just joking .... Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Just returned from a perfect 20 mile drive in the TR. The sound is intoxicating! I LOVE this car....I do believe values will continue to climb. There is nothing like the sound of a flat twelve and the clink clink sound of the gated shifter.. Sent from my iPhone using Tapatalk
Well, they did produce that model in that outfit... I would take that for a spin. I'd even let her keep the boots on. In fact, she would need the helmut also.
It amazes me....the number of "What's a Testarossa worth" threads. Are you selling yours? If so, put up a price and be done with it....all else is a circle j#@k.
I believe this will address your post Classic And Vintage Ferrari's Top The Investment List | Live Trading News
The Haggarty December 2014 values were just posted: Contidtion 1: $99,500 Condition 2: $82,700 Forgot to look at condition 3 and 4 but the graph is a strong 45 degree angle up across the board. The only other car that gets my blood pumping is a 599. That would be a tough auto to resist if I could do an even swap in a few months as they appear to be going down in value. There are a couple 2007/8's in the low 140's floating around. Im already saving my pennies for an 'older' 911 (2005-2009) as they have dipped over the last year. It would be my new every day sport car that I dont worry about going to the grocery store. The TR would still be the weekend destination ride.