Current Testarossa Values | Page 72 | FerrariChat

Current Testarossa Values

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

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  1. lear60man

    lear60man Formula 3

    May 29, 2004
    1,829
    Los Angeles
    Full Name:
    Christian
    I knew exactly the car you were going to post before clicking on the link. 'Gotta be that overprice IAG Green TR.' The tested the market and nobody bit. The only way to sell that car is to factor in the price of a high level respray.......and do it!

    Somebody lost a bet and the punishment was to have their TR ordered in metallic green.
     
  2. bpu699

    bpu699 F1 World Champ
    Owner Silver Subscribed

    Dec 9, 2003
    17,941
    wisconsin/chicago
    Full Name:
    bo
    I know testarossas fell in value just like all other cars the last year... but are you guys saying they fell by 40%???

    I would think a car with 10,000 miles is still 130-140... They were asking 200k+ for these 6 months ago...
     
  3. ricmat

    ricmat Formula Junior

    Aug 29, 2016
    345
    London, UK
    Full Name:
    Ricardo


    Sorry, think I read your post too quickly - believe now we were saying the same thing. These cars are absolutely misprinted and end up staying forever for sale. Just not realistic..

    Cheers



    Sent from my iPhone using Tapatalk
     
  4. jlonmark

    jlonmark F1 Rookie

    Mar 29, 2005
    3,217
    Beverly Hills, CA
    Full Name:
    Jay
    more TRs for sale now that ever before
     
  5. 19633500GT

    19633500GT F1 World Champ
    Rossa Subscribed

    Nov 9, 2010
    13,223
    Blueberry
    Full Name:
    Muffin-Tops
    Only 24 on eBay

    And 38 on Hemmings

    Some duplicates I'm sure, but, take your pick. 95% are offered by dealers.
     
  6. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    Private sale cars are on the rise as of late. 6 months ago the listings were 99.9 percent dealers on the vintage stuff. A private sale 80s car stuck out like a sore thumb!

    The number of cars for sale always go down over winter. The number rose and rose all summer. There were over 700 cars on ebay at the peak of the summer. The levered up owners better unload pre-winter. Spring is a long ways away, and values can change BIG TIME between now and then. The bottom is still along ways away by the looks of it.
     
  7. Schulz308

    Schulz308 Formula 3
    Rossa Subscribed

    May 21, 2014
    1,518
    STL USA
    I wonder how many buyers will have the allocated funds to pounce this winter, after the prev buying frenzy and holiday drain.
     
  8. sdematt

    sdematt Karting

    Nov 16, 2015
    216
    Vancouver, Canada
    Full Name:
    Matt
    I still think with this many cars to choose from, theres huge room to drop. Even the black 512 is down to 150 fro. 205...with no bites. Ouch.
     
  9. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,292
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
    To many cars and low demand ... excellent buyers market I would say ... !
     
  10. Shopcat

    Shopcat Karting

    Nov 14, 2015
    84
    NLA
    Asking 200k and they are still for sale...people can ask whatever they want, it doesnt mean they are living in reality. I did have that at 105k+ for a reason though. Sub 10k mile cars can bring crazy dollars so I left it open ended with the + sign. But to put it in perspective there is a 91 IAG car with under 18k miles in the classifieds right now for $95k. Been listed for a few weeks.
     
  11. sdematt

    sdematt Karting

    Nov 16, 2015
    216
    Vancouver, Canada
    Full Name:
    Matt
    A few months, actually. I called about that car two months ago, might look into it again at the reduced price, but I'd LOVE to have Euro spec :/ No mouse belts.
     
  12. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,292
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
    We have a superb EU 91 TR already upgraded Forza diff and new full service for KE 90 also.

    (Only) reason for sale is divorce .... :(
     
  13. Ferrarifan2016

    Ferrarifan2016 Karting

    Oct 26, 2016
    90
    Detroit
    Full Name:
    Jack
    Prices are set to go higher in longterm. Just wait as interest rates rise more and more.When stocks and bonds go down, where do you think all the cash will go???

    I am looking at various cars but fear prices will drop a bit more in next couple months before they go up again and with winter here, I will wait for spring. No rush.
     
  14. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    This statement is 100 percent speculation. Markets are cyclical. The classic car bubble/boom came and went, cycle is coming to an end. The last one this big occured 27 years ago. Could the money go back into such a market during a recession? Perhaps. But not likely according to historical trends.
     
  15. turbo-joe

    turbo-joe F1 Veteran

    Apr 6, 2008
    9,614
    southwest Germany, France ( Alsace ) and Thailand
    Full Name:
    romano schwabel
    no rush - ok, but even with no rush it would be good to fill out your profile and introduce yourself a little. this will help you and also the other members here
     
  16. sdematt

    sdematt Karting

    Nov 16, 2015
    216
    Vancouver, Canada
    Full Name:
    Matt
    Martin's car sold, which is too bad. Still working on correcting what went sour on my end. Unless you talk about another car ;)
     
  17. Shopcat

    Shopcat Karting

    Nov 14, 2015
    84
    NLA
    So why did the car market take off when the exact opposite was happening the last 4 years?
     
  18. Ferrarifan2016

    Ferrarifan2016 Karting

    Oct 26, 2016
    90
    Detroit
    Full Name:
    Jack
    People realized how special manual cars are and now that they have they wanted to buy them. They are like fine art. Nobody is gonna tell me a TR is not at least as good as most of those paintings of stripes and circles that go for $$$$$

    Of course not as many people buy when it is cold now.
     
  19. Ferrarifan2016

    Ferrarifan2016 Karting

    Oct 26, 2016
    90
    Detroit
    Full Name:
    Jack

    but if the money is there now, where will it go in a recession? it just doesnt disappear.
     
  20. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,292
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
  21. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    Oh man, you're on your own! LOL

    I heard wine is now a great investment as well. Check into it brah. Cheers!
     
  22. Ferrarifan2016

    Ferrarifan2016 Karting

    Oct 26, 2016
    90
    Detroit
    Full Name:
    Jack
    I don't see anything wrong with wine investing?
     
  23. vincenzo

    vincenzo F1 Rookie

    Nov 2, 2003
    3,373
    +1

    When markets crash, one is left with a good way to drown sorrows...

    Pass the fiddle, we'll drink wine and watch the economic meltdown.

    Cheers,
    Vincenzo
     
  24. Schulz308

    Schulz308 Formula 3
    Rossa Subscribed

    May 21, 2014
    1,518
    STL USA
    #1799 Schulz308, Nov 19, 2016
    Last edited: Nov 19, 2016
  25. galileo

    galileo Formula Junior

    May 20, 2011
    334
    86 with 10k miles? Does seem like a speculator. Cheapest one available, I know of an 85 with 45k miles just traded for 140k. I know the seller and buyer personally.
     

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