testarossa thread
Discussion
BTW, has anyone noticed that literally overnight most of the testarossa's for sale on the UK market have gone! At present there are only two cars actually for sale on pistonheads. The others are "auctions" only. Only three on autotrader and one is £99k (which looks great value IMHO) and the other a collectors item at £200k. Is the market moving toward that supply and demand phase where prices move and move quickly?
512M are all £120k and most 512TRs are £100-£110k.
I was with a very high end Ferrari restorer earlier today and a number of his customers/clients where at the workshop. I spoke with a couple these guys and all decided the 365/512 BB was "next" to make that big jump. These cars were £79,995 for a good one for a long time..........now £200-250k. Indeed one of the guys I was speaking to has just bought a clean example and is throwing a packet at getting it to absolute prize winning condition with a clear view that they will continue to move north of those figures. And why not, just look at the price of Dinos, the 365/512BB was the flagship!
My point, well, a number of these guys, who own very significant cars, thought that now was the time to snap up the Rossa because its next to jump.
The argument around this jump in price has always centred around its production numbers but.......there are far fewer RHD testarossa's than there are F40s, indeed less than a third as many! And NOTHING that Ferrari made afterwards touches the testarossa for pure drama and presence. My prediction, based on the 5-10 year example of the 365 boxer et al.....within 10 years a RHD sub 30k mile, good condition testarossa £130k absolute minimum. Low mile single mirror early RHDcars £200k.
Ahhhhhh but how about the crash of the 80s? Difference now....the cars are being bought with our money not the banks, it's a free market and we decide what are investments are worth and what we sell them for.
I just spent an enlightened afternoon with people who removed their money from banks put it into Ferrari's and in some cases have nearly tripled their outlay in 24 months and their still not selling because they simply don't need to and they are deciding what the car "would" go for if they "let it go". Interesting times!
512M are all £120k and most 512TRs are £100-£110k.
I was with a very high end Ferrari restorer earlier today and a number of his customers/clients where at the workshop. I spoke with a couple these guys and all decided the 365/512 BB was "next" to make that big jump. These cars were £79,995 for a good one for a long time..........now £200-250k. Indeed one of the guys I was speaking to has just bought a clean example and is throwing a packet at getting it to absolute prize winning condition with a clear view that they will continue to move north of those figures. And why not, just look at the price of Dinos, the 365/512BB was the flagship!
My point, well, a number of these guys, who own very significant cars, thought that now was the time to snap up the Rossa because its next to jump.
The argument around this jump in price has always centred around its production numbers but.......there are far fewer RHD testarossa's than there are F40s, indeed less than a third as many! And NOTHING that Ferrari made afterwards touches the testarossa for pure drama and presence. My prediction, based on the 5-10 year example of the 365 boxer et al.....within 10 years a RHD sub 30k mile, good condition testarossa £130k absolute minimum. Low mile single mirror early RHDcars £200k.
Ahhhhhh but how about the crash of the 80s? Difference now....the cars are being bought with our money not the banks, it's a free market and we decide what are investments are worth and what we sell them for.
I just spent an enlightened afternoon with people who removed their money from banks put it into Ferrari's and in some cases have nearly tripled their outlay in 24 months and their still not selling because they simply don't need to and they are deciding what the car "would" go for if they "let it go". Interesting times!
Edited by ro55a on Saturday 1st February 17:43
The Testarossa is a late twin mirror car and has been in the family for the last 20 years.
I was considering a late F355 GTB for later in the year but a recent bereavement has meant fate has now intervened.
It has not had much use over the last 10 years but I have taken it out as much as possible over the last few weeks and each drive out the car seems to drive better and better with easier gear changes especially into 2nd. It was a bit lumpy from cold and I thought the K-Jet was playing up but a few tanks of Shell’s finest and some injector cleaner has sorted it.
I was considering a late F355 GTB for later in the year but a recent bereavement has meant fate has now intervened.
It has not had much use over the last 10 years but I have taken it out as much as possible over the last few weeks and each drive out the car seems to drive better and better with easier gear changes especially into 2nd. It was a bit lumpy from cold and I thought the K-Jet was playing up but a few tanks of Shell’s finest and some injector cleaner has sorted it.
MrPaulo said:
The car is a ’91 Rosso Corsa/Crema and has done 24500 miles or so now.
I have to say for visual drama there are not a lot of cars that can match it and it has always received very positive attention while out and about. Many people love these cars it would seem.
5th Gear did a Ferrari special a few years ago where viewers voted the Testarossa no. 1. It's an instantly recognisable shape and is one that a lot of people seem to have a soft spot for.I have to say for visual drama there are not a lot of cars that can match it and it has always received very positive attention while out and about. Many people love these cars it would seem.
http://www.youtube.com/watch?v=tt0G_VVlAm0
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