Current Testarossa Values | Page 53 | FerrariChat

Current Testarossa Values

Discussion in 'Boxers/TR/M' started by UAS, Nov 20, 2014.

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  1. chabch

    chabch Formula 3

    Aug 15, 2010
    1,075
    France
    Full Name:
    Christophe
    A Chris Harris video on the September 7th auction. Very nice video.

    The testarossa section is at 2:35.

    http://youtu.be/x2BqT6S29Oo
     
  2. NSXER

    NSXER Formula 3

    Jan 4, 2004
    1,307
    Kansas
    #1302 NSXER, Aug 26, 2015
    Last edited: Aug 26, 2015
    Shamile,

    Never took it as an insult...you know what you are talking about and enjoy reading your posts. I totally agreed with you that the interior certainly needs work which is what the new owner intends to do. I suspect he will put about $12-15K into the car but in the end will have a fantastic car for $90K+...but of course with a few miles which in my opinion is a good thing. I was always amazed at how well the car drove with 66K miles compared to my considerably lower mile 86.

    Brian
     
  3. Shamile

    Shamile F1 Veteran

    Dec 31, 2002
    6,712
    Lakeland FL
    Full Name:
    Shamile
    Ah....cool :)

    I'm glad you took my post as intended. I so agree with you about the miles. I have 61k miles on my 91 and it just runs smooth. Well, I wouldn't remember because I was always driving my Diablo VT Roadster.....which I put 72k miles on lol ;)



    Shamile

    Freeze. ....Miami Vice!

    Sent from my SAMSUNG-SM-G900A using Tapatalk
     
  4. Total Recall

    Total Recall Formula Junior

    Aug 21, 2014
    324
    East Yorkshire, UK.
    Full Name:
    Dominic Bradley
    Sweet, thanks for the link!

    Even with all those amazing cars there - even an EB110, the Testarossa is the one that I just get hypnotised by.

    Although there is a Countch S in the auction, not shown on the vid which would be the one car on the planet I would rather take home !


    Dom.
     
  5. Blackfin

    Blackfin Karting
    Silver Subscribed

    Aug 12, 2014
    141
    Southern California
    Looking at a 1985 Monospeccio with 45k miles. Has had recent engine out service but miles worry me. Is $95k too much?
     
  6. 88Testarossa

    88Testarossa Formula 3

    Sep 25, 2012
    2,450
    Annapolis and Daytona Beach
    Full Name:
    Al
    Miles = probably a well-sorted car, not unusually high for 30 years. Better than one that's been a garage queen, IMHO.


    Sent via itty bitty electrons
     
  7. Blackfin

    Blackfin Karting
    Silver Subscribed

    Aug 12, 2014
    141
    Southern California
    Agree regarding that point. Car drives great. I tend to keep my cars for 20-24 months then turn over for something different.
    I know values of these are supposed to be rising but not buying for that reason, just think it's a super cool car. However, I don't want to get caught in this bubble and end up at a loss in a couple years because seller's are asking for an extra premium right now.
     
  8. meantestarossa

    meantestarossa Karting

    Jul 15, 2004
    222
    Northern CA
    Full Name:
    Ron McDaniel
    Your profile shows that you have a 1995 F512M. What is the interest in purchasing a testarossa to have for 24 months if it is not for the money? Confusing...
     
  9. Total Recall

    Total Recall Formula Junior

    Aug 21, 2014
    324
    East Yorkshire, UK.
    Full Name:
    Dominic Bradley
    #1309 Total Recall, Aug 29, 2015
    Last edited: Aug 29, 2015
    I honestly think in a couple of year's time ppl will look back at posts like this and wish they had bought 5 of them!

    If prices did crash though then u wuld probably loose more buying a low miles car at $200k than a higher miles car at $100k.....for the same reason as if they go up u will probably make more on a low miles $200k car than a higher miles $100k one.

    As others say from a point of view of using it, the higher miles should mean it is more sorted.

    Realistically though if you want an early flying mirror I don't think you will find one much cheaper!


    I can only say what I think though, so it's best to use your own judgment as it's your money :)


    You are in a different position to me if you already have a 512m - but when I bought my 86, I didn't even think about the miles (high 50's), I was so excited that I could get a Testarossa.

    I'm sure there's thousands of other ppl like me just waiting to get an affordable one too when they get the chance, regardless of what they think the market might do - life's too short!


    Dom.
     
  10. 88Testarossa

    88Testarossa Formula 3

    Sep 25, 2012
    2,450
    Annapolis and Daytona Beach
    Full Name:
    Al
    Well said, Dom. Life is indeed too short to not have owned and driven a TR. Also, high miles (3,000+ per year) on these cars can be a good thing to sort out any issues.


    Sent via itty bitty electrons
     
  11. sparta49

    sparta49 F1 Veteran
    Owner

    Mar 3, 2001
    7,804
    LA
    Full Name:
    Frank
    If the car is well maintained both mechanically and cosmetically I wouldn't worry about the miles.
     
  12. MS250

    MS250 Two Time F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    26,676
    Full Name:
    Avvocato



    +1
     
  13. Shamile

    Shamile F1 Veteran

    Dec 31, 2002
    6,712
    Lakeland FL
    Full Name:
    Shamile
    You've had some good responses to your inquiry. I would also add, there's nothing wrong in saying you're buying it for an investment...to make money on it. The Testarossa's time has come and it's been deemed a collectable. It may have it's ebbs and flows but it will always be on the rise.
    I still remember a a quote from a mechanic that worked on the 250 gto in the 60's. " It was just an old race car that no one wanted.....we couldn't give them away"

    Yep!

    Shamile

    Freeze....Miami Vice!

    Sent from my SAMSUNG-SM-G900A using Tapatalk
     
  14. Turbopanzer

    Turbopanzer F1 World Champ

    Oct 2, 2011
    11,120
    Under a bonnet
    Full Name:
    Panzer
    Yea......now you can't buy em unless you own half of the country! ;)
     
  15. Themaven

    Themaven F1 Rookie

    Nov 2, 2014
    4,385
    Eastdown
    Full Name:
    Darius
    Looks like it has been really well cared for by a proper enthusiast who understands the cars. In the UK, it would be maybe twice that price, even with its history of US/Germany/US.
     
  16. archibald drinkwater

    Aug 31, 2009
    146
    portland
    Full Name:
    patrick f.
    Awesome. Thanks for the Chris Harris / Max Girardo vid ! Luv those guys.
     
  17. Yenko

    Yenko Karting

    Jan 23, 2014
    114
    Florida, USA
    Full Name:
    Keith
    FYI everyone, Here we are on 9/1 and Hagerty has updated the values. I am not sure what this means, but for now it looks like TR values have stopped the rise and held their value.
     
  18. Prova85

    Prova85 Formula 3

    Nov 13, 2003
    1,996
    So. Shore MA.
    Full Name:
    Kenny K
    Huh? I see a price rise for all 4 condition levels. At least for my '85 anyways. :)
     
  19. bpu699

    bpu699 F1 World Champ
    Owner Silver Subscribed

    Dec 9, 2003
    17,929
    wisconsin/chicago
    Full Name:
    bo
    1987 is flat... Average selling price listed as "$89,000."

    $140k for a level 1
    $115k for a level 2

    Makes you wonder what the real values are...

    Lower than I would have thought based on all the speculation I see on here...
     
  20. 88Testarossa

    88Testarossa Formula 3

    Sep 25, 2012
    2,450
    Annapolis and Daytona Beach
    Full Name:
    Al
    I looked and noticed that the current sale listings shown are from e-Bay. If the data compilation is from a single source, like e-Bay, I wouldn't put much credence into the valuation.

    I tried to view the insured value link, but there is nothing.

    INHO, It's still a better 3-5-10 year investment than anything else that will give you joy when peeking in your garage or taking it for a drive to blow out the cobwebs. Mine will pay my nursing home expenses someday (not soon, I hope).


    Sent from my iPod touch using Tapatalk
     
  21. Prova85

    Prova85 Formula 3

    Nov 13, 2003
    1,996
    So. Shore MA.
    Full Name:
    Kenny K
    After checking all the years only the 2 monospecchio years have risen since May. It will be interesting to see if that trend continues.
     
  22. archibald drinkwater

    Aug 31, 2009
    146
    portland
    Full Name:
    patrick f.
    level 1 cars of all years should be at approx $180k. Hagerty has not done a good job of keeping abreast of the Testarossa market this quarter.
     
  23. Yenko

    Yenko Karting

    Jan 23, 2014
    114
    Florida, USA
    Full Name:
    Keith
    I am curious, what are your sources?
     
  24. ozziindaus

    ozziindaus F1 Veteran

    Aug 16, 2012
    9,799
    Detroit
    Full Name:
    Sam
    #1325 ozziindaus, Sep 3, 2015
    Last edited by a moderator: Sep 7, 2017
    Yep, a little stall but I see this as confirmation that the recent high was not inflated
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