Testarossa Price Trends

I posted an upcoming auction.

I replied to Sebastien's post.

I have an interest in TRs and I have been following this thread since it began. The signal to noise ratio has fallen off lately. YMMV.

Enjoy.

 

Thanks for replying but enough now please.

 

Getting personal and bickering on thread. Also, you may not tell another user to **** off. 30-day thread bans for all. Suggest you put each other on "Ignore".

 

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I saw it this past weekend.
Uneven panel gaps. The side glass and windshield were aftermarket. Interior is worn. Lots of scrapes and pulling away from the side glass. No reason to have such low mileage and look this way. It was straight piped too. I went just to see this. I love the view without a muffler can in the way. This car isn't an average TR. It was the lower side and price reflects that.

 

Good to know. Thanks for the info and update. I’m glad we had our investigative team on this one. Joking with you but serious at the same time. Thanks

 

relief to me. It definitely looked ridden hard and put away wet, and what youre describing makes a lot of sense.

I could tell there were no mufflers in back but the pics in the auction curiously didn’t show what was back there. I guess they viewed straight pipes as a negative, which imo it is.

 

Straight pipes with a good exhaust ADDS value if you ask me. If you haven't experienced a testarossa with this setup then you havent yet lived. It will change your life

 

straight pipes means no muffler. Is that what you meant? I’d have to listen. Any shop can install that system for you for much less than a Capristo haha

 

I am referring to test pipes, and aftermarket exhaust

 

I see. Thats not what we mean. By straight pipes we mean no muffler at all.

 

Straight pipes means no cats and no mufflers. I'm not sure a Testarossa would sound good like that. Definitely sounds better with a muffler on.

 

straight pipes for me means only no cats but with muffler
without muffler you may get trouble with your neighbors and also with the police - but will sound good , also loud pipes safe lives

 

I was looking on eBay this morning and noticed the Merlin group has two trs priced at 200k. Mileage and condition and year varies. Right next to there cars on eBay is another tr prices at 139k. These people you can’t even take seriously. Very much reminds me If when people over price their property you just push the buyers to the “real sellers”. They might be nice people but that’s a joke I’m sorry. I would never look to buy from them because I don’t like anyone who tries to fish for the highest price this way. It will never work but I don’t like the tactic. I’m way more sophisticated of a buyer than that to play games. I know you are the same. Just calling them out for what they are. Why would I buy or negotiate from 200k when a car with less miles and probably better condition is listed right next to their car. I guess they think people are really that stupid I guess.

 

Do you consider $139 a realistic ask/sale price?

 

I think for that particular car if the condition is as they say it is. Then I would expect to pay 120-130. So it’s definitely in the ball park. If there were no other cars for sale at the time in that condition and miles then I wouldn’t let 10k either way stop me from buying it. But that’s just me others here might want it for less. 11k miles Is really low.

 

These guys are asking a fair starting price for what this car appears to be. Wish it could be mine:

https://lupomotors.com/listings/new-inventory-1986-ferrari-testarossa/

 

Overall looks good, but dash around the defrost vents show significant pullback/separation. Driver's seat bolster needs work as usual. Other than that, appears workable. Have seen others recently in similar condition for less however. That said, hard to judge unless in person. Looked at many over past years and this looks better than some but not as nice as others. Still have the fever for one of these

 

one of the upsides of this example is single diligent ownership. Thats a major value in my opinion. Worth much more than $1k to replace the vent panel on the dash plus $1500 to re-dye the seats. Aside from the superficial wear to the seat’s leather, the foam looks intact which means it will look excellent after a careful re-dye.

I’d love to be in a buying position for a tr this year or next with $125k in my pocket. You’d have a fun search and pick of the litter if you wait.

 

I agree and those repairs are really not that big of a deal.

 

Quiet in here considering a TR was RNM on BaT tonight. I wonder why?

I'll go.

91 TR, lots of mods, 2016 service, diff has been done. 51,000 miles. Capristo exhaust. Wrong wheels, wrong seat belts, shields. Wrong brakes. Modified seat tracks, stereo, steering wheel. And probably a few other mods.

After typing all of this I think they should have taken the high bid. I think it is worth $70,000 at best as is in this market.

https://bringatrailer.com/listing/1991-ferrari-testarossa-10/

High bid- $63,500.

 

That auction on BAT was tempting as the car seems well sorted. All the "wrong" things on the car are definitely not a deal killer for the right price and anything under $70k would be a steal, but clearly the bids did not reach whatever the reserve was. For me, San Fran is a bit far to go take a look, and I've learned a lot after shopping for a TR for years and what I see when it's in-person and not slick photos on the web.

 

those wheels were awful IMO.

 

Funny how minor cosmetics (simple detailing, wrong wheels, leather condition, paint, scratches, dings, bumper rash, etc) have an exponential impact on sale/hammer prices like this recent car that failed to sell.

Most issues can be simply corrected at a fraction of the price hit the offered car takes, yet private buyers pass/shy away wrongly thinking the car is a roach. Similarly sellers fail to recognize what these unaddressed very minor faults actually cost them (major dollars) and potential sale.

I know time (correcting faults) is money too, but it's still not typically thousands of dollars of coordination phone calls, part shopping, and mechanical, paint, upholstery shop drop offs. Overall market ignorance on both sides IMO.

 

Yes this is all true. The problem is there are other cars available for sale that buyers can go to without the hassle of refurbishing a car unless they do get the big discount. So yes it is always best to have the car in its best condition before selling so that the car can properly compete against examples for sale Which becomes the cars competition. For those that are worried about the current depressed prices of the tr don’t be just be patient and give it time. The prices will rebound if you are patient. Mark my words.

 

I think they look fun.