Should I add a TR to the stable?

Is it an '89 too?

With a reputable & verifiable full blown 30K service, I'd split the NADA average & high retail as a starting point. A low mile car, one owner, luggage, fresh service & you know the seller... that is worth a lot!

If it is a series 2 car, 1989, somewhere in the mid to high 70's???? Maybe more... especially if he waits until April or May to sell. Personally, once they get into the '80's I'd get REAL picky! Sounds like a very nice car.

How is your local market? If he has to sell thru a broker in a different state/ city... start subtracting!

They went up from 10 to 18% last year per NADA. If (???) that trend continues (????) it isn't worth argument. I suspect the trend will slow but continue. Go for it!

Have fun,
Vince

 

The luggage is worth $2,500 on ebay. $6K plus from Ferrari I believe. I would put the value at 75K

 

For comparison, we have a 1990 car in inventory that has 14k miles, major service and belts done in the last 2 years, one-owner CA car, red/tan that we're asking $78,650 for. I've seen a couple with similar or lower mileage with a fresh(er) service listed in the $80k's, and have seen th higher mileage and / or non-serviced cars as low as the $50k's.

 

A simple answer to your question is YES, you should. They are awesome cars. Of course I am biased.

Regardless of the arguments about their increasing or decreasing value at this time, they still represent a great value for a 12 cylinder Ferrari. If you can swing it, buy it. It sounds like a great find.

CC

 

I wouldn't worry too much about the current value, sounds like a good deal. If I was in your shoes and have the dough lying around, I'd jump at the opportunity and be quite satisfied of owning a neo F-Car V12. I'd drive it for a while and probably keep it till its worth a million bucks!

Oh, and "Kung Hei Fat Choi" to you my friend! Its supposed to be a very good (financially) year this year (according to the chinese calendar), have a prosperous chinese new year to all!

 

Go for it Bill... It it looks anything like mine, don't pass it up. The feel of the 12 is awsome and regardless where you take her, you will be a proud owner. After all, it is the Ferrari most recognize and say wowowowowowo...

 

I will never depart frm this one...
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Gorgeous colour combo!

 

Thanks, I purchased it with one look only.

 

Thanks, I purchased it with one look only.

 

I'm thinking 70k to 75k -- once you get up into the mid- to high-80s you're getting into 512TR territory, which is a lot more car for very little more money (I've owned both)...

 

Prestige Autohaus in Walnut Creek is a good place for a PPI. Have you been to there shop?

 

sounds like a decent car. i'd go for the 70-75K range. 80s seems too high for a testarossa now. i've owned both the testarossa and a 328. both very nice, totally different to drive.

 

I'd offer $60-65k, because he's never gonna get this much on his own. And if he tried to trade it in on something, they'd probably hose him with an offer of $50-55k.

Best of luck!

 

Should I add a TR to the stable?

Yes!

Kerry

 

If you have the money, pay for the maintenance and you find the right car, go for it.

 

Have you added the TR to your stable yet?