Testarossa Price Trends | Page 31 | FerrariChat

Testarossa Price Trends

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

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  1. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,364
    Looks to be a euro or Canadian car and looks to be correct congrats to new owner
     
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  2. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,972
    San Diego CA
    Full Name:
    Fernando
    I see and the speedometer was converted to miles when it was imported??
    So the car has 34k miles or kms??


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  3. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,364
    Looks to be km
     
  4. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,972
    San Diego CA
    Full Name:
    Fernando
    Then misleading that the auction details showed miles. Good for the buyer though


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  5. bimota44

    bimota44 Rookie

    May 13, 2018
    21
    >Then misleading that the auction details showed miles.

    Bonhams regularly screws up their descriptions, everything from the year, to the vin, to pretty much everything else.
    Paraphrasing the head of their motoring dept: lot descriptions are based on the seller provided info and Bonhams' "impression" of the car.

    I bought a car that Bonhams described as being in "truly outstanding condition" that didn't even idle.
     
  6. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    4,364
    In auctions you just never know can’t test drive them get them inspected etc sometimes u may get one with concerns and somexs not the selling price looks to be what others in this cone been going for with lack of records. Covers tool not there. When all is there prices will adjust. At end of the day buyer got a flat 12 icon for under 100k
     
  7. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Not sure i could ever have the guts to buy at auction a tr...specially knowing how many have not been cared for people just looking to flip them since they went up.
    This car truly deserves to be loved and appreciated more.
    As far as prices they are what they are.
    Its interesting to note that in europe the testarossa is worth more than in the USA (asking price at least).
    On the opposite side the 512tr is cheaper there than here.
    I have now seen 3 512tr under 150 recently so that’s positive;)


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  8. sixcarbs

    sixcarbs F1 Veteran
    Silver Subscribed

    Dec 19, 2004
    9,100
    SF
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  9. sherrillt

    sherrillt Formula 3
    Rossa Subscribed

    Jan 1, 2009
    1,076
    Northern Virginia
    Why do you think the car needs a service when the ad states "maintenance was conducted within the past 200 miles according to the selling dealer"
     
  10. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,972
    San Diego CA
    Full Name:
    Fernando
    He means a belt service, every 5 years is the norm


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  11. ridege55

    ridege55 Formula 3
    Silver Subscribed

    May 9, 2017
    1,329
    Manhattan Beach, CA
    Full Name:
    John
    I have been thinking about selling my TR and was doing some research on what I could expect to get for it. I stumbled across some data about TR auction results from 2001 - 2018. Interesting that when this thread originally started in 2010, prices were sinking, but look where they have come since then. The market is softening again as everyone has indicated. Wondering if I should hold the TR for the next cycle, if there is a next cycle...

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  12. bpu699

    bpu699 F1 World Champ
    Owner Silver Subscribed

    Dec 9, 2003
    16,247
    wisconsin/chicago
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    bo
    There is always a next cycle...
     
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  13. ridege55

    ridege55 Formula 3
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    May 9, 2017
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  14. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Are those numbers all tr or include 512 too?
    That valeo killed the average;)


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  15. ferralc

    ferralc Formula 3
    Owner Silver Subscribed

    Sep 2, 2010
    1,972
    San Diego CA
    Full Name:
    Fernando
    I would assume they used trimmed mean to remove that number.


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  16. sixcarbs

    sixcarbs F1 Veteran
    Silver Subscribed

    Dec 19, 2004
    9,100
    SF
    I knew that had to be the Agnelli TR. Talk about an outlier in the data.
     
  17. ridege55

    ridege55 Formula 3
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    May 9, 2017
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    John
  18. sixcarbs

    sixcarbs F1 Veteran
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    Dec 19, 2004
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    I calculate the average without the Valeo as $132,243.

    ((Current Average x 46)-Valeo Price)/45
     
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  19. ridege55

    ridege55 Formula 3
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    May 9, 2017
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    So from the high in 2015, a -5% drop in 2016, then -7% from 2016 to 2017, and -11% from 2017 to 2018. Or a -21% drop from 2015 to 2018. So if not if (for the next cycle), when?
     
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  20. sixcarbs

    sixcarbs F1 Veteran
    Silver Subscribed

    Dec 19, 2004
    9,100
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    What the chart does not show are the cars that were not bid high enough to meet their reserves. How do you account for those? Are they worth what the high bid was or the low offer that was not met (The reserve)?
     
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  21. ridege55

    ridege55 Formula 3
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    May 9, 2017
    1,329
    Manhattan Beach, CA
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    John
    Here are just 512 results

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  22. Stentboy

    Stentboy Formula 3
    Owner Rossa Subscribed

    May 8, 2008
    2,433
    Texas
    Full Name:
    Ron
    Tell that to stamp collectors.
     
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  23. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    Love those numbers and true figures on both 512 and tr. not alarming whatsoever but i do think those will slightly settle.
    As mentioned: how do u account for reserve not met.
    Numbers dont tell it all though...


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  24. ridege55

    ridege55 Formula 3
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    May 9, 2017
    1,329
    Manhattan Beach, CA
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    John
    I was actually curious about the 2018 512 sales. Here is more detail

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  25. Natkingcolebasket69

    Natkingcolebasket69 F1 World Champ

    That $134 tr for sub 15k Miles is amazing.
    What’s a good ressource to find a lost of all upcoming auctions; id be curious!


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