Testarossa Price Trends

But u got free girls with it though )


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That was the Lamborghinis!

Shamile

Freeze....Miami Vice!

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someone shld buy the 92 512tr on BAT...

 

Add to that a shrinking pool of younger buyers who don't care about gated manuals, classics, or even owning cars for that matter. No sense of nostalgia with the Instagram generation.

 

Won’t meet reserve...the last one from
Cnc bid to like 140k, didn’t meet reserve and now McLaren of Scottsdale as it and they can’t like 225k for it lol


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I actually don’t believe In this. Markets are efficient over time. Dinos wld be 50k if this were the issue

 

Thanks to this thread!!

 

No ****. You’re in the market, you’re not, or you’re a blowhard.

 

I don't know, Dinos are much lower production and have also seen a sig. fall...the Tesla/electric car effect it having a tectonic shift in the market.

 

3,569 Dinos were built and there were only 2261 of the 512 TRs. Of that, only 408 512 TRs were delivered to North America.

 

Maybe. McLaren Scottsdale say they are carrying a full major+new tires since it was last on BAT. Still disconnect seems real between the 140 bid from
Various ppl
On BAT and the now 225k ask. Hopefully they get a buyer at that price.
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exactly. And it took time even for the Dino. People wrote them off as not a real ferrari, only to appreciate it later. There’s no way to know the future but a Dino is a great example of how markets can change over time.

The only risk to the TR long term is the electric car industry and any regulation that goes along with it. But this risk exists for all vintage cars. We will see what happens.

 

This isn't about predicting the future whatsoever. The market sets the price today and in the future. There are more 1984-1991 Ferrari Testarossas currently on the market than there are buyers. Poor cars sell cheap, and the best cars don't come to the market at all. "Cheaper to keep her" applies. Ferrari made too many 1984-1991 Testarossas, and they will most likely never be collectible with very few exceptions. Collectible cars of all marques usually don't hit their value stride until they are 40-50 years old. Standard production cars under 40 years old from most marques are just "used cars" for the most part and should be evaluated and priced with that in mind. People are buying a driver, not a time-capsule at the prices being discussed in this thread.

The concept of EVs or regulations that would affect the values of collector cars is inconvincible to me, and I am an EV advocate.

You quoted my post regarding 512 TR production. It has nothing to do with the present or future prices of 1984-1991 Ferrari Testarossas. Ferrari 512 TRs are genuinely a separate market, IMHO. As far as predicting the next market in flat 12 Ferraris, my opinion is that the 512BB and the 512 TR are currently sweet spots and are positioned and priced to appreciate over time. If they don't increase in value, a smart owner will have a great time owning and driving them at a low cost of ownership. A carburated and injected Ferrari flat-12 fits well in any collection.

Please read Brian's post below. All you need to know about the valuation of these cars are in his post.

 

You said free girls


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A lot of guys growing up in 80’s just now hitting stride in earning years and they will still be able to push a clutch pedal for the next twenty years. I’m biased but the 512TR is positioned. It’s only slightly better than a Dino


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a dino is not a ferrari - a dino is better

 

I agree with Shamile and Boke on their assessment. On another note there is nothing wrong with loving your TR and being excited about
owning it and actually quite the contrary, there is everything right about it. But being paranoid everyday to the point you have to
discuss its value or collect-ability is kinda sad. Don't worry about it. Chances are that if you bought your car after the jump you are heavily
upside down if you resale expecting to get what you paid. Probably a good chance a handful of owners bought when they were low and if you are
one of those you missed your window on making some good money on a resale by now. Everyone has an opinion and that is what feeds a car forum.
They are fun cars for sure but in no way an investment car for the reasons Shamile and Boke mentioned. Its funny watching members trying to reassure
themselves that they did well on their purchase and build a case for the "smart investment move" they made. If you plan on keeping and showcasing
your TR, then there is no way you paid too much so relax. If you bought it to enjoy and plan on flipping it then probably not the best investment vs return move. My philosophy is buy your car and enjoy it. If you lose some money on the resale then chalk it up to the price of enjoying it while you had it. Not many of us are great car salesmen or dealers and have to make a living on the profit of such. Think about it as if you rented it. Now that we covered this, the Thread can be shut down.... Lol

 

BTW, for anyone that thinks I was serious about suggesting shutting the thread down, relax and don't take life too seriously. I was only kidding. This thread will never end.

 

512 TR on BaT with 16K miles just sold for $150,000+$5,000 commission. Seemed like a pretty nice example.

A screaming deal or the new market? I think it is the new market.

 

It’s a good deal for that car given it’s mileage and what I can make out from the pictures. I would just want to verify the condition in person. The main problem is finding sellers of the 512 willing to get down into that range. Now that the car is gone there are none listed any where near that price point. And you can’t get any of them down to that point either. It’s definitely a point towards where the market is at today.

 

Yep kicking myself on that one! My budget was right around
That and I thought it would not meet reserve! 150k
For such low mileage it’s pretty good... I don’t
See how those dealers will ever sell those other overpriced examples at least currently


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Yes, and you already know the answer they will just sit there as they have been. They are not even within range to make an offer.

 

If that was your budget why didn’t you bid.

 

I thought it wasn’t meeting reserve and kicking myself for it!


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That sucks no one here bought it. Is it a clean car? No stories?