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Testarossa Price Trends

Discussion in 'Boxers/TR/M' started by Mr.Chairman, Dec 9, 2010.

  1. Parnelli

    Parnelli Formula Junior
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    Greg P
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  3. Jason Applebaum

    Nov 21, 2020
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    Jason A
    AH you are correct

    It seems nobody wants a red tan on BAT .... Also it seems Late December really is not a good time to sell a car on BAT
     
  4. Natkingcolebasket69

    Natkingcolebasket69 F1 Veteran
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  5. vincenzo

    vincenzo F1 Rookie

    Nov 2, 2003
    2,874
    Title: Testarossa Price Trends

    As long as fuel and parts are available at a reasonable price, the ‘value’ (not price) of these cars will slowly rise over time.

    The ‘price’ will vary greatly based on rising/falling GDP and inflation/deflation.

    Right now, our worldwide GDP is falling like a rock. Our money supply is inflating like a balloon. These will drive ‘price’ to a much greater degree than the slow, inherent increase in ‘value’ over time.

    The real questions we should ask:
    Is GDP rising or falling?
    Is money supply rising or falling?

    If GDP falls (fewer goods) and money supplies grow (inflation), our Testarossas will drastically climb in price as a store of value. This is my expected case.

    If the zombie apocalypse comes.... all bets are off. We’ll be bartering for food.

    What is your expected case?
     
  6. Parnelli

    Parnelli Formula Junior
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    Not really sure that global GDP will correlate much to the prices on these specific cars. TR’s are too much of a niche market.
    Global GDP was up substantially between 2015 and 2019 yet TR prices declined almost 30% off of their peak.
    Global GDP was off about 5% in 2020 yet TR prices increased 15%.
    Increase in money supply may help but it will also help most other classic autos and hard asset prices.
     
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  8. ChipG

    ChipG Formula 3

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  9. LVP488

    LVP488 F1 Rookie

    Jan 21, 2017
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    At least somebody wanted it at $102K (+ fees if I understand correctly) - that was just the reserve not being consistent with the market.
     
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  10. Natkingcolebasket69

    Natkingcolebasket69 F1 Veteran
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  11. Parnelli

    Parnelli Formula Junior
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    is that the conversion that has been on the market forever?
     
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  13. sixcarbs

    sixcarbs F1 Veteran
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    Was that one at Fantasy Junction about a year ago?
     
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  14. EZORED

    EZORED Formula Junior
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    Look at the Photos, the Straman needs a lot of work!! Pretty Rough!
     
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  15. Natkingcolebasket69

    Natkingcolebasket69 F1 Veteran
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    Agreed 150k is pretty high for this


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  16. ChipG

    ChipG Formula 3

    May 26, 2011
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  17. Natkingcolebasket69

    Natkingcolebasket69 F1 Veteran
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    Agreed!


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  18. c4b4the04

    c4b4the04 Karting
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    The NOS logo on the rear bumper is terrifying. Can you imagine fogging that early motor car and expecting the gears and rear to hold up? That poor quill shaft....
     
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  19. ChipG

    ChipG Formula 3

    May 26, 2011
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    Yea, and the light grey carpet under the front bonnet, it's like the assembly line guys got drunk at lunch and put it on as a joke.
     
  20. Veedub00

    Veedub00 F1 Rookie
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    it kinda looks like mine actually. I think its faded blue or light purple.
     
  21. ChipG

    ChipG Formula 3

    May 26, 2011
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    Just how much do these guys drink at lunch to put blue or light purple carpet in a red on tan car? LOL :)
     
  22. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
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    MS250 and raysur like this.
  23. dkyranakis

    dkyranakis Karting

    Nov 24, 2013
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    Centreville, DE
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    Demetri Kyranakis
    Good to see the TR finally getting the respect it deserves. It’s great to drive and makes the most amazing sounds.
     
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  24. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
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    They will be 200 k and above soon
     
  25. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
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    you have been quiet have you seen tr price list on hagerty lately
     
  26. Natkingcolebasket69

    Natkingcolebasket69 F1 Veteran
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    There haven’t been many sales. Market’s been flat it’s the season.
    Yes we also posted the article. Happy new year to you, stay healthy and out of trouble;)


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  27. Natkingcolebasket69

    Natkingcolebasket69 F1 Veteran
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    In that case the ones on Autotrader shouldn’t last too long then;)
    People with AMC and GME shares should be rushing to buy those;)


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