Testarossa costs of purchase and ownership

Values in the UK have shot up recently I'm afraid. Right now there are a dozen or so for sale from GBP120,000 to GBP224,500 for mono/mono. So I would say some where in the middle of that range for what you're after. But remember - nothing is quite as expensive as a cheap Ferrari. Please take someone who knows these cars specifically - there are lots of things to look out for, but get a good one, stick a Capristo on it and OMG!
I'm pretty sure I'll never willingly sell mine.

 

A good answer to this question depends a lot on the overall mileage. My concept of a "good driver's car" is a car that has been frequently driven and carefully maintained. I would dismiss low-mileage garage queens from consideration immediately, and would look for a higher-mileage example. My answer to you is this:

Mileage = 40-50k (or higher...)
Reasonable Price = $125 - $135k

Set aside maybe $3k for fresh tires, A/C recharge, change of every fluid, and to fix the "bunch" of little things that you will want to fix...stuff that comes with any used car that has been regularly driven.

 

$125-140k

I'd say 5k/yr upkeep and "while you're in there".

I got mine for $100k and it was running well but needed a major. Wheels, tires, tint, paint refresh, 3 month major with a handful of "while we're in there" and proactive things, and I'm probably around $135k all in now.

 

Jeff B
you are a member here not so long. so it would be great if you could fill out your profile more and also introduce yourself a little that we could know how good your technical and mechanical knowledge is.
I´m sure that will help you to get more answers

regarding your question here: from what car you are talking? there are several testarossa
- first series with 1 outside mirror and central lock wheels ( I think Mark - 66MK means this one with the mono/mono ? )
- 2nd series with 2 outside mirrors and central lock wheels
- 3rd series with 2 outside mirros and 5 bolt wheels
- then there are the 512 TR and the 512 M what looks equal to a testarossa but are the modified ones and not official called as testarossa.

very important between the not so expensive fuse box it the diff. as I often have written here it is not a question of "if the diff will break" it is the question only "when the diff will break". and when you are just "in there" you replace all bearings and also may be some gears ( 1st and 2nd ) because of pitting at the gears. and this all has nothing to do with when the last major has been done when you not know what all has been done. sure you can replace the diff without dismantling the gearbox, but then you still not know what about the gears

 

Since I got mine some 5 or 6 years ago:

• Changed all the suspension bushings and powder coated everything.
• Changed the Diff. for one of Newmans
• Changed the main PCB for one from Jenni Helms
• Sorted some vacuum issues
• Changed belts and tensioners
• Capristo stage 3
• Had new wheels made so I can use imperial tyres
• Reworked the throttle cable
• Full detail and ceramic
• Replaced the frunk struts
• Driven it a lot!!

Costs? Not sure really, maybe GBP25K - GBP30k

 

I'm lucky enough to have both - a 308 is quite simply a joy to drive! The Testarossa is a bit more of an 'event', but believe me, which ever you get - you'll love it!

 

TR speedos are easy to disconnect, so be wary of so called low mileage drama queens. Not all Ferrari dealers are honest!

 

I just had a major done. I would consider the shop that did it an expert in older Ferraris and Lamborghini. He told me one should expect around $15k. Mine was more because we did some other items like exhaust and some very expensive fuel components that he happened to have NOS. I will do the major every 5-6 years with yearly oil service.

Although the TR is on the more expensive side to maintain, the car seems solid, simple and reliable. I think they are very under valued for the driving experience you get. I’ve had a 355, 430 Scuderia, 458, and currently have a California as well as the TR. The TR is my favorite Ferrari so far.