Current Testarossa Values

It's interesting about the Testarossa. Most people who don't know what a Testarossa is, actually think it's a NEW Ferrari. At least from my experience. If they ask what it is and I tell them an 1987 Ferrari Testarossa, I get the "oh, a classic car like a Camaro or Mustang" reaction. If I just tell them it's a Ferrari Testarossa, I've noticed people perk up and are more amazed like they're standing next to a La Ferrari or something (ok, maybe not that extreme but still). Try it sometime!

 

You don't get out much do you?

 

Better still........just point to the badge with the little horsey on it. They know what it is!!! I have never seen so many people fall over themselves (particularly women) when they know it is a Ferrari. They go from total stranger to wanting to be your best friend when they see that little plaque with the prancing horse. Drives me nuts sometimes. The one I get the most comes from the angry person who asks" Who are you trying to impress with that thing?" My answer usually deflates their ego. I simply reply...."me". Good or bad, it draws people like a magnet.

 

Wayne, I'm afraid there are hundreds of millions of people in China alone who don't know what a Testarossa is. And I don't mean monks in Tibet. Luxury consumers who were living under old communism when the car became a legend. I had dinner last week with a wealthy gentleman in Shanghai of around 55 who has a 2013 California. I showed him pictures of my cars and he had never heard of a Testarossa, let alone a 512M. Ferrari is a powerful brand in China and people are learning very quickly - that heritage is coming - but for the moment it doesn't have that resonance. "Isn't it old and slow? Does it rattle? It must be uncomfortable! No power steering??" are typical comments when I'm in that part of the world.
I don't mean to be denigratory: China is the second biggest market for Ferrari so they plainly have taste. But they were shut from the world when the Testa was out. Big debate now is whether the classic time will come in China, and Testas with it; and when. Some people I know are betting big on it being soon.

 

Unfortunately for me, you may be right, but Joe put the bug in my head and it won't go away


Sent via itty bitty electrons

 

No, don't do it. Anyone can run into a dealership and buy a supercar (which they all staring to look the same) Once you sell, try to find another TR in a condition which you can live with....not so easy

 

Anyone?...What if I bring three chickens and a bag of green beans... Can I buy a 458

 

Many 18 to 30 something year olds have never seen a Testarossa in real life. And that is in Orange County. It is an icon anyway you slice it.

 

Add a goat and 2 slop hogs and we can talk. Toss in a good plow horse and........I will talk to the general manager!!

 

It's really funny to se their faces when you tell them it's 30 years old...

About your comment on the La Ferrari i had that experience last year...The Swedish dealer organized a Italian meeting and there was hundreds of F-cars and Maseratis.It was always
crowded around the 2 La Ferraris and my 512TR..Real fun to see when i was drewling over Scuds and Speciales.

 

The "Testarossa value" thread has disintegrated, please take the supercar discussion in the "off topic" or "pub chat" forum.
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So... 45 pages of rehashing the same nonsense on the direction of the Testarossa market wasn't enough?

Personally, I welcome the distraction. Talking about our love for these cars, our experiences with them and comparing them to other cars is more in line with what an enthusiast board should be about.

Treating cars as commodities is the very thing that almost destroyed the hobby for many in the 1980s.

Here is my last comment on Testarossa values....if you want to buy a TR, the best time is now... A piano could fall on your head tomorrow... If you are thinking of selling your TR, forget the market...just make sure you have enjoyed her to the fullest before you decide to surrender the keys... Otherwise, the money in your pocket will be cold comfort as you see her driving away...

 

Good advice.

 

Agree. You buy them for one reason......Love. If you didn't...then your missing a big part of it.

 

+100

 

+1000...

 

I was recounting in good faith something that happened last week. And offering an insight into the classic market in China. It's an interesting time there now. I am a journalist. I edit a number of luxury magazines, including one in China/HK. And several of interest to Ferrari owners at Conde Nast.

I don't see how my comment might have been construed as sarcastic. The fact that people there can revere the Ferrari brand while having little or no knowledge about its heritage is interesting. Most Western brands establish their value through their heritage. This thread commented on the prominence of the Testarossa brand. Most Westerners have heard of Testarossas. Many Chinese have not. Yet it doesn't harm Ferrari's brand equity there.

That's my observation.

Darius

 

Not now but when Ferrari comes out with the next mid engine 8 cylinder car, that should about cover it

 

Just an update on the Artcurial auction in France.

LHD 1986 Flying mirror, met grey/red, just under 32,000 miles went for 155k euros hammer which with the 16% commision is about 180k euro / £130k GBP / $205k US.

Automobiles sur les Champs 8 - Sale N° 2769 - Lot N° 49 | Artcurial | Briest - Poulain - F. Tajan


LHD 1990 red/black, just under 70,000 miles and red lower sills etc. was no sale - bid to 80k euros.

Automobiles sur les Champs 8 - Sale N° 2769 - Lot N° 68 | Artcurial | Briest - Poulain - F. Tajan

Results page not up yet.

Dom.

 

And another one in France, Aguttes Lyon (Vente aux encheres - AUTOMOBILES DE PRESTIGE & DE COLLECTION - AUTOMOB - Aguttes) Lot 243, 92 512 TR Yellow, LHD, 78K kilometres, sold Saturday at Euro 153,660, not sure about the premium but looks in line with the 86 TR Flying Mirror mentioned by Dom.

Ciao.

 

Ah cool, cheers didn't know about that other one.

Dom.

 

Sh*t just got real!

Apparently the TR fever is now an outbreak!

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