512tr depreciation

Very hard to predict. A lot will depend on if the design is judged to be a "classic" in the long term. Most Ferraris go through 3 stages (new 1-5 yrs, recent used 5-10 yrs, out of fashion/no mans land 10-20yrs, classic 20+) before achieving classic status. Suggest you look at Boxer (365 GTB/4 & 512 BB's) price trends as a benchmark.

 

I love my 512TR but I doubt that the large numbers made of 512's & TR's will ever allow them to rise to serious collector status. The ultra expensive cost of maintenance works against them as well.

 

No way, not ever. It has nothing going for it that hal a dozen other models and makes also have in their favor. Drive it to the max. - the car will last longer and give less trouble that way.

Now if either of the Johns were to win a purple heart on a CA freeway...a horse of a different color I believe.

 

I love my 512TR but I doubt that the large numbers made of 512's & TR's will ever allow them to rise to serious collector status. The ultra expensive cost of maintenance works against them as well.

 

Cars typically are poor investments, exotics should be valued for the enjoyment they bring you. Drive it, have fun with it but don't plan on it feeding you when you are old.

 

I think most of the price is dropping right now so its a very good time to buy. You can find a 512TR for $85k now, I cant imagine them getting under $70k as thats where 328s are.

Labor is expensive, but its 1 of the msot beautiful cars of all time & she loves to run

 

Well put, Stuart.

My 330's on the other end of the spectrum. It completely lacks the visual impact of a TR, but it's also much more rare, and comparatively simple to work on.

 

Who is getting $70K for a 328?

 

I was offered a nice 92 512 for $67k last year and passed on it. The guy did sell it a week later though.

 

I thought 100k for a really low mi. 512 and maybe 85k for one with more miles.

 

Boston Sportscar has for sale a freshly serviced 1989 Red/Black 328GTS w/ 1069 original miles for around $73,000. Check out www.BostonSportsCar.com for details. The car is pictured below.....

* They recently sold a 1989 Green/Tan 328GTB w/ similar miles for the same price. Both cars belonged to the same owner since new. This car can be seen on their website as well.


Alex
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You can still get very nice 328's in Europe for a little more than half that. THe very low mileage would also make me nervous. Ferrari's need to be driven.

 

I watch the prices and deals on these cars and I think your bottom range is high. High mileage, in need of service, etc cars are out there South of $85K. Later 512's low mileage, service and perfect might bring $100K or slightly more. The 512M is a whole notch higher.

 

Alex,
Those aren't cars, those are "museum peices" that get trailered from show to show...

 

If Ferrar continues to make "GTs" that look like ordinary cars, as opposed to ultra exotics like the mid-engined flat 12s, I believe the long term investment op on a 512TR/M is good. It is a stunning car. It was big by sports car standards in its day but is now eclipsed by many other sports cars. What else can you buy today that is mid-engined and has a flat 12 that was developed for Le Mans? Nothing. How about a mid-engined V12? Pagani, Enzo, Murcielago? All of which cost $$$. It's a classic representative of a particular era. Here in LA it gets more looks than a Maranello or 360. While it will never be a seven figure car, I suspect the 512TR/M will settle at a level comparable to Daytonas. Of course, Testarossas will be somewhat cheaper as they don't have the kick in the but the TR/M has.

 

I have never seen a 512TR even close to 85K.

Even 1992 models are still selling at 100K.

In my opinion, the 512TR will never get below 80K. At that point, the value will increae--either because of inflation or because of appreciation of the car (pun intended ).

 

Exactly, just like everyone here on the forum said, they are going to be total crap, so act quickly and sell your car to me for $10.00 USD..... come to think of it, you should just give it to me and claim it as a tax deduction.

 

Me laughing in 2021 when prices are crazy and rocketing to popular collectibles

Ps. Im looking to buy a red 512tr

 

If the NWO gets their way, we won’t have fuel in just 9 more years. Your tr will be nothing more than a museum decoration. Read the light hearted, seemingly innocuous text here:

https://sdgs.un.org/2030agenda

The devil is in the details.... literally.

Biden is already shutting down pipelines in the US. Shutting down fracking. Shutting down drilling. Fortunately, though, he is helping Russia build pipelines to make the EU fully dependent on them. When they cross the border, everybody will already be shivering. Americans won’t be there to bail the EU out.... we’ll be busy in Asia.

The world is nuts. Enjoy your tr while you can.

 

It was under my understanding that all new production cars will have to be electric but you can still drive and buy used gas cars?

I wonder how that will effect the pricing though.

Im on the hunt for a red 512!

 

https://qz.com/1341155/nine-countries-say-they-will-ban-internal-combustion-engines-none-have-a-law-to-do-so/


How much is a used wagon these days?

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a little less than a TR512

 

Banning IC is going to be hard to do!

 

Only if you live in a free society.

‘Free’ is not in their plan.