Potential TR owner thoughts... | FerrariChat

Potential TR owner thoughts...

Discussion in 'Boxers/TR/M' started by lizard1, Mar 23, 2007.

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  1. lizard1

    lizard1 Formula Junior

    Dec 8, 2004
    421
    West TX
    Full Name:
    Frank
    As I watch the TR values continue to sink to where a common man can buy them, I entertained the idea of adding one to my garage. So I read and read and read and surmised that Ferrari continued to evolve and make corrections/improvements over the years. And to buy one with the updated this or redisgned that, you're looking at a 93 or later car - which puts the cost back up into the 6 digits.

    So, if I were to buy a later 80's 512TR, and it passed a PPI with flying colors, could you expect it to be relatively problem free or is the risk of cracking the block/destroying the tranny always going to be there and thus I should have $20-30K set aside just for this scenario?

    I think it is a beautiful work of art that would see maybe 1500 miles in a yr, maybe.....but each time I took her out I would not want to drive around worried about what's about to break and to have to deal with it (since I will most likely be in the middle of nowhere - Midland, TX)?

    Thanks for any thoughts - it's really not the financial aspect but rather the "having to deal with it" factor. But then again, I don't want to be pouring $$$ into this car and have it end up be like owning a boat kept in saltwater....already have to "deal" with that ;)
     
  2. GTB4NART

    GTB4NART Formula Junior

    Jan 17, 2004
    421
    From what I've seen, it'***** or miss with the TR regardless of the year purchased. There is always the risk of the transaxle going or belts breaking and those mishaps can easily get to $20k in a hurry. I've seen a 180,000 mile TR that was very solid and only needed one transaxle and a 5,000 mile 512tr with a snapped cam belt and bad transaxle among other things. I was very fortunate with mine to never had a major problem. Minor problems amounted to roughly $20k over 7 years. I also didn't fix everything, like the A/C, slow windows, intermittent check engine lights, etc. That would have easily added $20k if I had done EVERYTHING. Cheap to buy, expensive to own. Lack of use certainly helps keep costs down.

     
  3. patpong

    patpong Formula 3

    Jul 6, 2004
    2,274
    Bangkok, Thailand
    Full Name:
    Patpong Thanavisuth
    A friend of mine got his F430 stalled and never started up, the car tolled back to dealer.

    When any Ferrari wants to break down,,..... it just does it anywhere, anytime.... anymodels and years. That's Ferrari..
     
  4. j3studio

    j3studio Karting

    May 2, 2006
    60
    Bryn Mawr, PA
    Full Name:
    John Mulhern III
    Information filed ...
     
  5. kerrywittig

    kerrywittig Formula 3
    BANNED

    Nov 10, 2005
    1,668
    Ithaca, New York
    Full Name:
    Kerry David Wittig
    I have now owned an 87 TR for a little over a year and put 3800 miles on it. Major service was done 1000 miles prior to my purchase. It now has 45000+ miles on the odometer.

    I Do:
    I do drive it, often. I do drive it at speed, and in town and on 400 mile round trips between homes. I do drive it in the rain and cold. I do drive it fast and I do drive it normal. I do check the fluid levels and tire pressures often. I do keep it clean and shiny and cared for. I do let my friends and sons drive it....so they know the thrill of an F car. I do love my TR!

    I Do Not:
    I do not drive it like a street drag racer. I do not spin the tires. I do not get the revs up to 5000 rpms and dump the clutch. I do not have the clutch depressed when waiting at a traffic light or in traffic. I do not have problems with my TR. I do not have as many issues with my TR as I have with my 2006 Chevy or the wifes Landcruiser. I do not regret my ownership of a TR!

    I think that a lot of the shortcomings and concerns that are attached to the TR are from............ 95% bad driver habits, neglect, improper maintainence, being parked in a garage and not driven, and driver "error". And 5% is just that **** happens!

    But I think the pluses are.......... a fantastic car, that has great style, overall great performance (considering it's 20 year old technology), an amazing heritage and legacy in the automobile world, and finally it is a Ferrari............need anything else be stated.

    My advice........you only live once and to own & drive a Ferrari is like a fountain of youth to me. I have yet to ever pull it into the garage or the parking space when going even just into town, to check the mail and do some errands, that I don't exit with a smile on my yap. I still find myself turning around and taking a look back at the TR when walking away , and shaking my head, grinning and a voice in my head saying " Wow, what a cool car!"!

    Buy one, drive one, maintain one..........Ya only live once!

    Kerry
     
  6. nsxnick

    nsxnick Formula 3

    Jul 24, 2001
    1,481
    Detroit
    Full Name:
    Nick
    i keep reading this about early TRs on Fchat but have yet to see it on ads... even on ebay. can someone link me to some TR ads? unless you mean $50k - $70k is affordable by the "common man".
     
  7. Rifledriver

    Rifledriver Three Time F1 World Champ

    Apr 29, 2004
    37,104
    Cowboy Capitol of the World
    Full Name:
    Brian Crall
    What it really means is $65-70. There are 40k TR's that do or are getting ready to need 40k in work and there are 50k TR's that need 25 or 30k in work.

    The really good ones that dont need anything are 65-70, sometimes a little more.

    Hence the old saying "the cheapest Ferrari you can buy is the best one you can find".
     
  8. jselevan

    jselevan Formula 3

    Nov 2, 2003
    1,873
    There are not many 12-cylinder Ferraris to be had for the cost of a late 80s Testarossa. I am selling mine for lack of space, and it kills me to let it go for what I will get. For the buyer, this is a great value: $50 - $60,000 for a 12-cylinder Ferrari!

    I have owned the car since 1991. It has 32,000 miles. Not a dime spent on issues. Not a dime in 16 years! I was talked into having the major done a few years ago. Waste of money. Belts looked like new. Clutch looked like new. Changed hoses, radiators, water pump, etc... all of the "...while you are there..." things.

    I drive the car appropriately. As mentioned by Kerry, brains and money are proportional. Don't drive like a dragster. While the ring-gear carrier is mentioned as an Achilles heal, I have yet to see one fail in a Testarossa. I have seen one in a Boxer (Dave E.), but life is too short to walk out of the house believing that today is the day that you will slip on the ice.

    Buy one, enjoy it, and take what may come. Barring catastrophic failure, you will always be able to sell it for close to what you paid for it. Consider it an "E" ticket for unlimited rides at Disneyland.

    Jim S.
     
  9. johng

    johng Formula 3

    Oct 23, 2004
    2,298
    northern va
    Full Name:
    john g
    a testarossa is going to cost money whether it sits or is driven. when it sits, fuel hoses can start to leak. when it's driven stuff wears out. you have to go in with the mentality that it is a needy car, even in great condition. i had one for eight months and it was very reliable. it needed a few things here and there, some minor, some major, but it always started and never died on me.

    john
     
  10. MS250

    MS250 Two Time F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    26,577
    Full Name:
    Avvocato
    +1
     

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