News

Pricing trends on 512 TR and 512 M

Discussion in 'Boxers/TR/M' started by bimmerbill, Nov 10, 2019.

  1. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    11,353
    cgt are easy to buy back - plenty of clean documented ones around!
     
    Natkingcolebasket69 likes this.
  2. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    2,945
    yaw close to double the price now
     
  3. Shark01

    Shark01 F1 Rookie

    Jun 25, 2005
    3,277
    A CGT is one of those few cars that outside of a huge financial liquidation or death, I just can't understand why someone would sell.
     
    cgt000 and E_Man like this.
  4. AMG Merc

    AMG Merc Rookie

    Aug 6, 2005
    35
    London
    Full Name:
    Rob
    I've scanned this, and other recent threads relating to prices with interest, being an owner of a 92 LHD 512TR (red/black) that I may sell into the US one day (well, I say "may" but my track record seems to be keep all of my toys forever - e.g.: Noble M12 GTO-3R - 16 years from new and not for sale - ever!)).

    Yes, prices are all over the place on both sides of the water but, as some have said, you want the best you can get and that come with all the original papers, tools, luggage, etc. Sure, these will cost more.Then compare the best to the rest in the market.

    Over winter 2016 I looked for 6-8 months - UK first (a lot of rubbish) then Europe (OK, also, a lot of rubbish but larger market, as you know) and paid a premium (that only breaks me even today after 4 years*).

    Here's why I was happy to pay a premium, and maybe why you should:

    Mint inside and out (9/10 - not my assessment), all original paint, one owner 21 years then me (President, Turin Motor Club), 18,000 miles (kms converted) (now c.19,000), Italian ASI club registered, serviced and new belts, spare wheel (Ferrari badged OE - spare didn't come with UK cars), Schedoni leather tool box AND jack box (Italians know how to do style), 3 (yes 3) sets of keys and alarm fobs, manuals, all original service invoices (always at his local in Turin), magazines, cover, more... I wrote to the guys in Turin, they knew the owner, knew the car, had seen it from new. Solid provenance.

    So sorry to bang on guys but look at a lot of cars then pay more - and get more. You didn't stop at that first girl, did you?! :)

    PS: saw a lot from Japan - avoid. AlI I saw came with nothing. Those guys throw way all the papers, books, invoices, tools - the lot. Cars stay is dusty underground storage and are never used. You just get the car, unknown history. And ask Ferrari Japan for records - forget it.

    Happy to hear your views.

    * No problem, car's not for sale. lol
     
    ross, blkdiablo33, Zeff and 3 others like this.
  5. Yellow512TR

    Yellow512TR Rookie

    Mar 30, 2014
    13
    Midwest
    Full Name:
    Jon
     
  6. Yellow512TR

    Yellow512TR Rookie

    Mar 30, 2014
    13
    Midwest
    Full Name:
    Jon
    I believe I am ready to sell. I have had it for 6 years and have driven it very little. 1992, 22,000 miles, Fly Yellow.
     
    sixcarbs likes this.
  7. Wdemuynck@hotmail.com

    Mar 24, 2015
    35
    Izegem Belgium
    Full Name:
    Willem Demuynck
    Hi guys, I’m at the other end. I buy cars to drive them , i put lots of miles on them because i take every opportunity to get on the road , even long trips. So when i wanted a 512tr 2 years ago i looked for a high mile car. I found a swiss mint condition ( outside and inside really perfect )but 90k kilometers. Paid 115k€. Had a full mechanical overhaul , engine out , engine totally redone , all electronics, wires,...... name it. Capristo exhaust with valves remote installed. Paid 35k in total. So i have a 150k€ perfect car that i’ m not afraid to put miles and floor it ;). Don’t care about value once it is ip 100k kilometers because it puts a smile on my fave every time i drive.
     
    SAFE4NOW, ross, E_Man and 4 others like this.
  8. AMG Merc

    AMG Merc Rookie

    Aug 6, 2005
    35
    London
    Full Name:
    Rob
    Totally get that and respect it. I suppose my TR is a Garage Queen but then so is the Noble - but that one get ragged more as designed :)
     
  9. Zeff

    Zeff Formula Junior

    Oct 8, 2018
    445
    Cupertino, Ca
    Full Name:
    Ryan
    #59 Zeff, Nov 28, 2019
    Last edited: Nov 28, 2019
    Nothing wrong with paying more to find the right car. You just tend to open yourself up to more cars vs when you are just shopping on lowest prices. You quickly realized that point when you were shopping for your car as illustrated by your example. This is the only way I would shop for a car like this. It’s nice to be able to consider all the cars on the market vs just a limited few. You will have less problems to deal with too as you can make sure you get a car with all the proper maintenance history. You won’t have to compromise on anything. Your hunt won’t be nearly as difficult then when your not focused solely on the price. We all hear the stories here, like I can’t find a car for sale for 140-150k. I think if you have the money and you are a highly motivated buyer you will pay up to get the right car. Contrast that thought to I’d be a buyer for the car at 120k, not real motivated to buy. I’d be a buyer for another 512tr right now at 120k because I’m not very motivated to buy a 2nd one. Now if your just looking for a car you can drive a lot then it really doesn’t matter as much, get a high mileage car and forget about it.
     
  10. Azikosha

    Azikosha Rookie

    Apr 22, 2017
    3
  11. Natkingcolebasket69

    Rossa Subscribed

    Hammer time!


    Sent from my iPhone using Tapatalk
     
  12. absent

    absent F1 Veteran
    Lifetime Rossa

    Nov 2, 2003
    8,166
    illinois
    Full Name:
    mark k.
    Sold it for $400k back in 2014, I was spending almost $20K per week on a rehab for my drug addicted son and after 6 months was really feeling the pinch.
    Had no idea when it would end so I panicked and sold the car that served no other purpose beyond my personal pleasure and satisfaction.
     
  13. Natkingcolebasket69

    Rossa Subscribed

    Sorry to read about ur son. A car doesn’t mean anything if we don’t have health. U did the right thing.


    Sent from my iPhone using Tapatalk
     
    cgt000 and blkdiablo33 like this.
  14. E_Man

    E_Man Formula Junior
    Silver Subscribed

    Jan 21, 2008
    691
    USA
    Full Name:
    Eric
    If anyone is looking for a no stories Red/Tan 512 TR in the $140-$150k range let me know. 25k miles. all original car.
     
    blkdiablo33 and Zeff like this.
  15. MOSS

    MOSS Formula 3
    Rossa Subscribed Owner

    Apr 28, 2004
    1,053
    Wow!!!, Who has that kind of money these days to afford this kind of rehab? I mean I think its outstanding you could do it but that is top shelf all the way! $80,000 a month.
     
  16. MOSS

    MOSS Formula 3
    Rossa Subscribed Owner

    Apr 28, 2004
    1,053
    Love yellow 512's
     
    EZORED likes this.

Share This Page