to reach no. 1 it will never be a daily driver, but each DD could get no.2 mine may be no.3, but I don´t care about that, for me important is the technic, not the optic also my BB is not even no.2 because I don´t like to move a museum piece on the streets, and even some of those are not no.1
Since buying a Countach QV back in 2010, it's been my ambition to own all three one day, which I finally achieved last summer. Interestingly, the most expensive purchase turned out to be the 930, followed by the Countach, with the TR being the cheapest of the three. Average purchase price was £66k. All three are wonderful to own but all for very different reasons. The 930 is perhaps the least spectacular of the three but scores bonus points for usability, lack of 'flash', build quality and typical Porsche robustness. The TR turned out to be way more enjoyable than I expected it to be, more of a GT car in reality and is a much more polished product than the Countach. The QV is wild, spectacular to look at and to drive fast but is plain hard work for much of the time, especially to drive slowly! As for future values, I can see both the Countach and TR continuing to rise because they are very special cars in their own right and the eighties is increasingly coming into vogue. The right Euro Countach QV could well become a $1m car in time, as build numbers are much smaller than most people realise, hence why I think prices have risen so quickly in 2014. The TR deserves its time in the sun too. That flat twelve engine is an engineering marvel and helps define the car, it looks pretty good too. The fact a flat twelve engine will never be created ever again will help push prices higher than they are now too. Valuing the 930 is trickier. Plenty were built but there's lots of people out there who want to own an easy going classic and the Porsche 911 fits the bill perfectly. Then the usability and muscular good looks of the 930 will help keep prices rising but I believe at a slower rate than both the QV and TR will experience. For now though, I just pinch myself for being lucky enough to own all three. Dreams really do come true.. Image Unavailable, Please Login
Well u can't go wrong at those prices lol! Awesome pic. Yeah they were definitely the big 3 of the 80's - not necessarily the best but the most loved for sure. Have fun! Dom.
The 930 has risen a bit the last five years. Id pay a premium for an 81 to 85 Canadian market one, if its still in Canada. Wouldn't go above the $80k they seem to go for these days. A few dealers on EBay are swinging for a home run on Testarossa's, I don't think realistically, they are worth above $100k for an early 90's. Below 1990, Id say they are still $60k cars. Regardless collector cars in general are at a peak. 2015 will be the year, we admit we are in another deep recession. The Testarossa speculators will get crushed, especially if they bought in the last month. Like this idiot: Ferrari Testarossa | eBay Nice try and good luck with the sale: Ferrari Testarossa | eBay The days of buying at a retail auction and flipping it at another auction for a profit a month latter are over. The good news I don't think they'll dip much, be about the same as they have for the past 5 years (when prices more realistic). Same with the 930. People might be asking "big" money, doesn't mean they are getting it.
The Haggerty values don't really make sense when correlated with the condition A #3 car is defined as a driver. Some blemishes. According to their stats this "was" a $40,000 car 10 years ago, and now is 55-ish Whereas a #2 was $55,000 10 years ago, and is now $70,000-ish Having bought my car abouty ten years ago, I can tell you I have not seen any condition 3 cars selling for $40,000. Even in their own listings in Sports Car Magazine, these cars bottomed at about $50,000-55,000 There is no way on gods green earth you could have bought my car 10 years ago (pre-stock market crash mind you) for $40,000. Not a chance. Based on the fact that they were selling for about $55,000 that would seem to make most of our cars "#2" cars. Which now, would be worth about $70-80,000. You know whats interesting, our cars seem to often be time capsules. Mine has 15,000 miles or so. Some slight wear and tear. It probably is a #2 car, if I ever bother to detail it. No rust. No dents. I think we are really harsh in how we judge our cars. If haggerty ever had a 1987 ford/chevy/porsche/lambo up on stage, with only 15,000 miles and original paint It would be described as "an amazing survivor!!!" "A time capsule!" "A once in a lifetime opportunity!" "Still has the original wheels and belts, with all of the factory paint markings!" But we look at our cars and think "meh," they are a #3. Part of that is due to the fact that MOST OF THESE cars are extremely well preserved... Based on the technical description, most of our cars maybe a "#3", BUT the price data from 10 years ago doesn't match that description. The price data, matches the #2 car curve. Does that make sense Bo
Deals are few but pop up once in a blue moon. Two months ago a friend purchased a 86 for 50. I would call it a 2.5 or 3. Nero. Yes it needed service.
Just going by EBay, those with actual auctions and non buy it now's are getting bids below $80k for 88 to 91's. An 89 with a realistic buy it now sold just below its $89k asking price. Those asking above $100k or even crazier money are not selling, as far as I'm seeing. They are similar to the 930, between $60k and $80k seem to be selling, anything beyond and they sit on the market.
Any 1990 owners on here? It was great coming home from vacation today and seeing the car in its "classic status"
Totally agree - "asking " and a "done-deal" price are different ; I can ask whatever high price I want on eBay or other listings to test the market or try to boost the market but .... done deal is an actual benchmark.
An 88 with 28k kilometers went through the auto auction in Japan, sold for roughly $38K. If I bought it, would expect it to be an easy flip on EBay for $68k.
Post 182 you call someone an idiot for buying a testarossa and then in your last post you are easily convinced you can buy a car for 38k and "flip" it for a 30k profit! Do you even own a Ferrari?
Well Testarossa's selling on eBay for $70-80k is a sure and steady increase bearing in mind they struggled to reach $50k a year ago. There have been a few selling at auction for $100k+ too and I think that's about the starting level for Euro cars at auction. They haven't gone crazy yet though, so at least there's still time for the people who have always dreamed of one to get their Testarossa fix Dom
Self proclaimed expertise is great but not to be trusted to anything but Donut testing. I suppose the Hagerty data come from transactions, not from someone fumbling on the internet and making his own theories. Ok, they may earn more money if car values increase as long as damages are low, thats the only catch I can think of, but if doing so they would ruin their credibility. If you have a very well kept undamaged original "weekend driver" with decent mileage you can often detail/refurbish the car (or spend a few thousand dollars) to move to condition #2 or close. Its about detailing, elbow grease and addressing all tiny bits and pieces with determination, turning your weekend car into a show/garage queen? You make your own judgement until you feel like selling. I guess most of us know guys that keep their car totally clean, prep the interior every winter, clean the wheels with toothbrush, clean engine and tranny etc etc. Eventually owner get sloppy, start enjoying his car oops back to #3.
Over here in the UK I think the problem is that some dealers actually advertise their cars a condition higher than they really are to get people viewing them. They may be honest about the condition once you start asking questions but the glossy descriptions can be a bit optimistic. It`s nothing new but the problem is when a private party who owns the same car in similar condition sees one of the advertised cars for real (at a show for example). Instead of thinking "Wow they`re off their trolley it`s actually a condition lower like mine." - they instead respect the expertise of the dealer`s description and think "Wow mine is the same condition as theirs, so mine must be a condition higher than I thought." Bit of a viscious circle! I`ve never really looked at a price guide to determine whether I should buy a car - I just compare the one I`m looking at to others for sale or sold fairly recently. I would have thought they could be fairly acurate at telling you what has happened in the past over a longer period but not much use for what is happening right at the moment you`re buying one. Can`t believe 25 years later we`re getting back to graphs on classic car prices again! I still think I preferred it when the main interest in classics was from "wierd" people who would rather have some out of date old tech in their garage instead of something modern. It seems cool to see the classic car craze plastered everywhere you look now but I hope it doesn`t all go too mainstream and get played out again. I remember last time around almost getting fed up of seeing E-types and old Aston`s at shows - there were that many restored pristine examples every time I went, it got a bit boring! There`s abit more variety this time round so far though Dom.
Was just following this auction - and if I heard it right this 91 Testarossa just hammered for 116k GBP. With buyers premium and tax I think that's £132k GBP - or $200k.... Mint and RHD and only 12,000 miles ofc but I guess a new high for an over 10k miles car. Coys of Kensington Dom.
" electrically adjustable seats, tilting steering wheel"? Really? Were those a "new for 1991" feature? I don't think my '87's wheel tilts (although I haven't tried), and I know my seats are manually adjusted!
I was eagerly waiting for that result! Paid £72K for a 11K mile LHD ex japan car yesterday. (see my post on yellow brakes for pics) Was hoping for vindication of the decision - I reckon a 45% differential for LHD is WAY off the historical norm. Happy - just hope this bubble isnt about to go pop!!
I don't think realistically, they are worth above $100k for an early 90's. Below 1990, Id say they are still $60k cars. Regardless collector cars in general are at a peak. 2015 will be the year, we admit we are in another deep recession. The Testarossa speculators will get crushed, especially if they bought in the last month. Like this idiot: Ferrari Testarossa | eBay IDO NOT THINK THIS IS EVEN CLOSE TO ACCURATE. This buyer is not an Idiot IMO, thats the right price for a killer car! I have helped friends determine condition of cars in the last few months that are paying more than that. The Testarossa "all configs" is an obvious must have for collectors and enthusiasts. The demand is certainly going up.
Yeah my 86 has tilt - should be a big shiny handle under there somewhere! The seat controls give the impression they should be electric even though they're not lol. Yep estimate for the RHD car was 65-85k GBP ($100-130k) so 132k GBP ($200k) all in was about 50% above top estimate. Mad but true! Only affects anyone who is selling ofc. Mine's worth nothing like that with 63k miles but as $200k won't buy a Countach and I don't have the money to make up the difference I wouldn't be selling even if mine was worth that. I think the Testarossa is just at that stage the Countach was 3-5 years ago. They're starting to go mad but there's still some affordable ones left too Dom.
