RE: Spotted: 1996 Ferrari 456 GTA
Discussion
XJSsometimeSoon said:
How much more involved is it to do a regular service on the 456? If it is down to oil, filters, plugs, coolant, brake maintainance ect, then surely it can be done at home then taken to a specialist for the more involved jobs. At this age, mileage and price would a lack of FSH be a problem when selling it on.
I fully admit to being potentially naive.
It's just a car at the end of the day, and (as mentioned above) can be worked on and fixed by meer mortals. The crunch comes when you have to buy main dealer only parts, or have any kind of diagnostic analysis or rectification performed ..... Then you cry into your credit card statements.I fully admit to being potentially naive.
Thing is that a car used daily doesn't mean it has to be tatty.
My 968 is used every day almost and arrived back from 250 miles over the weekend covered wheels to roof in the finest mud Mallory Park had to offer. A few hours tlc from the g/f yesterday and it's in the car park now looking bright as a button.
Sure there are a few stone chips here and there, a little wear on the seats and so on but I am the sort to think that a car used daily is far less likely to be hiding some god awful problem than one that only goes out in the sunshine and never travels more than 100 miles.
My 968 is used every day almost and arrived back from 250 miles over the weekend covered wheels to roof in the finest mud Mallory Park had to offer. A few hours tlc from the g/f yesterday and it's in the car park now looking bright as a button.
Sure there are a few stone chips here and there, a little wear on the seats and so on but I am the sort to think that a car used daily is far less likely to be hiding some god awful problem than one that only goes out in the sunshine and never travels more than 100 miles.
CampDavid said:
I think you're almost certainly right
I agree with the sentiment that the TR will only climb in value. I really think that they are undervalued, so much so that I wrote this blog about it a couple of weeks back.The Ferrari Testarossa has always been on my radar as a car likely to go up in Value; It typifies 80's super car excess, was the fastest production car in 1984 and was a run away sales success for Ferrari, setting a record as the highest selling supercar with around 10,000 examples sold.
However, it has become a victim of it's own success with early speculators loosing much of their investment as more examples of the model were sold. I can see why they invested as it looked a sure fire win when they were released, being the successor to the uber-desirable Ferrari 512BB that are now demanding around £150,000.
However Testarossa prices declined consistently following the release of the facelifted 512TR in 1992 and then the 512M in 1995. Both hampered the desirability and exclusivity that once personified the Testarossa. Having followed the prices over the last 5 years, I have seen them drop to under £30,000 but it appears that this is about to change.
The Testarossa is the last of a breed in the sense that it was the last mid-engined V12 Ferrari bar the ,F50,Enzo and FXX - and just look at the prices of those... Ferrari have expressed no plans to re-introduce a mid engined V12 model than not only out paces it rivals but is also capable of cross continental cruising. It seems that the Testarossa is once again gaining the interest of investors as it's exclusivity could once again be restored.
Over the last 6 months the average price has climbed by £12,000 to £42,000 with the top end of the market now approaching £100,000 with this low mileage example:
There are not many other examples of former world's fastest cars that are at an almost affordable level, so my advice would be to get in quickly before they are out of the reach, much like the way that the Lamborghini Countach is headed...
Edited by RatLad on Wednesday 21st September 12:55
johnpeat said:
I love the idea of a Category D Ferrari - it encompasses the entire spectrum of automotive ignorance...
At one end you have a badge equal or better than any other and which forgives almost anything.
Say 'Category D' tho and most people see a deathtrap or a nail (which is, ironically, more likely to be true in this case than otherwise but it's also rare because so many are repaired and not recorded).
Seriously tho - let's not overblow the mythos here. They're just cars, they have parts which can be replaced and they can be worked-on by mortals.
They do have a reputation for s
t design making mechanical work complex and thus time consuming and/or expensive and parts aren't exactly commonplace - but they're just cars and using them without washing them and cossetting them isn't going to kill them.
In reality, when people look at a used, slightly tatty and less desirable model, what they're really seeing is how hard it will be to resell - and that's missing the entire point of buying the thing...
I thought they are excellently designed for mechanical work.At one end you have a badge equal or better than any other and which forgives almost anything.
Say 'Category D' tho and most people see a deathtrap or a nail (which is, ironically, more likely to be true in this case than otherwise but it's also rare because so many are repaired and not recorded).
Seriously tho - let's not overblow the mythos here. They're just cars, they have parts which can be replaced and they can be worked-on by mortals.
They do have a reputation for s
t design making mechanical work complex and thus time consuming and/or expensive and parts aren't exactly commonplace - but they're just cars and using them without washing them and cossetting them isn't going to kill them.In reality, when people look at a used, slightly tatty and less desirable model, what they're really seeing is how hard it will be to resell - and that's missing the entire point of buying the thing...
Have you ever worked on one?
jdw1234 said:
I thought they are excellently designed for mechanical work.
Have you ever worked on one?
A good friend of mine is a technician at one of the most respected Ferrari dealerships in the country, and says that many of the jobs are reasonably straightforward to complete, however in many cases the cars have to be quite invasively dismantelled to gain access to the parts you want to work on .... Timing belts, for example, are straight forward if you follow the service instruction, and have all the necessary workshop equiptment to remove the subframe and engine from the car ..... This is the kind of job that wouldn't be possible with a set of halfords spanners and a scissor jack.Have you ever worked on one?
mat205125 said:
jdw1234 said:
I thought they are excellently designed for mechanical work.
Have you ever worked on one?
A good friend of mine is a technician at one of the most respected Ferrari dealerships in the country, and says that many of the jobs are reasonably straightforward to complete, however in many cases the cars have to be quite invasively dismantelled to gain access to the parts you want to work on .... Timing belts, for example, are straight forward if you follow the service instruction, and have all the necessary workshop equiptment to remove the subframe and engine from the car ..... This is the kind of job that wouldn't be possible with a set of halfords spanners and a scissor jack.Have you ever worked on one?
The car at BCA will be a cheap car for somebody . . . as long as it hits it's reserve and there are no major problems with it. It will of course always be a very expensive car and therefore none service parts will be expensive when you have to buy something from Ferrari UK
AndrewW-G said:
mat205125 said:
jdw1234 said:
I thought they are excellently designed for mechanical work.
Have you ever worked on one?
A good friend of mine is a technician at one of the most respected Ferrari dealerships in the country, and says that many of the jobs are reasonably straightforward to complete, however in many cases the cars have to be quite invasively dismantelled to gain access to the parts you want to work on .... Timing belts, for example, are straight forward if you follow the service instruction, and have all the necessary workshop equiptment to remove the subframe and engine from the car ..... This is the kind of job that wouldn't be possible with a set of halfords spanners and a scissor jack.Have you ever worked on one?
The car at BCA will be a cheap car for somebody . . . as long as it hits it's reserve and there are no major problems with it. It will of course always be a very expensive car and therefore none service parts will be expensive when you have to buy something from Ferrari UK
None of the Ferrari's will reach estimate IMHO. The world is a different place to when they were made-sadly.
Deep pockets required for all of them on servicing & no 4 seater Ferrari has ever proved to be collectable.
308GTS would be my dream starter from pininfarina-bella machina! The 360 looks too oriental as do most modern Ferrari's from the front.
Deep pockets required for all of them on servicing & no 4 seater Ferrari has ever proved to be collectable.
308GTS would be my dream starter from pininfarina-bella machina! The 360 looks too oriental as do most modern Ferrari's from the front.
JoeFrost said:
Although the F40 was a twin turbo V8 mind...apart from that, I agree. Get in now while the getting's good.
I resisted the temptation to point out that the Testerossa was a flat 12 ..... mainly because I knew that someone would counter point that it is actually a 180 degree vee, and then the whole vee versus boxer tangent would ruin the thread.None of the above was therefore mentioned in this thread
Trommel said:
pagani1 said:
no 4 seater Ferrari has ever proved to be collectable
Look what a 250 GTE or 365 GT 2+2 costs now in comparison with a decade ago.I've no doubt Testarossa values will continue to rise, but they ought to be tempered by how many of them they made.
CampDavid said:
Look at what those two cost compared to their two seater sisters
Isnt that just one of the odd quirks with Ferrari, that the 2+2 on the whole is the most expensive car in the factory line up, but as they are on the whole a more civilised option, they tend to deprecate more than the sportier and more flamboyant Ferraris, whilst costing at least as much if not more to keep on the road. . . . . . . . . good news for the used buyer, not so good for the person who bought / leased the car when new. Cost and value aside, on the whole, I find the 4 seat cars a better proposition as a road car, than the 2 seaters
RatLad said:
I agree with the sentiment that the TR will only climb in value. I really think that they are undervalued, so much so that I wrote this blog about it a couple of weeks back.
The Ferrari Testarossa has always been on my radar as a car likely to go up in Value; It typifies 80's super car excess, was the fastest production car in 1984 and was a run away sales success for Ferrari, setting a record as the highest selling supercar with around 10,000 examples sold.
However, it has become a victim of it's own success with early speculators loosing much of their investment as more examples of the model were sold. I can see why they invested as it looked a sure fire win when they were released, being the successor to the uber-desirable Ferrari 512BB that are now demanding around £150,000.
However Testarossa prices declined consistently following the release of the facelifted 512TR in 1992 and then the 512M in 1995. Both hampered the desirability and exclusivity that once personified the Testarossa. Having followed the prices over the last 5 years, I have seen them drop to under £30,000 but it appears that this is about to change.
The Testarossa is the last of a breed in the sense that it was the last mid-engined V12 Ferrari bar the F40,F50,Enzo and FXX - and just look at the prices of those... Ferrari have expressed no plans to re-introduce a mid engined V12 model than not only out paces it rivals but is also capable of cross continental cruising. It seems that the Testarossa is once again gaining the interest of investors as it's exclusivity could once again be restored.
Over the last 6 months the average price has climbed by £12,000 to £42,000 with the top end of the market now approaching £100,000 with this low mileage example:
There are not many other examples of former world's fastest cars that are at an almost affordable level, so my advice would be to get in quickly before they are out of the reach, much like the way that the Lamborghini Countach is headed...
I don't think the early Testarossa will ever reach the levels of the Daytona and Boxer, for one simple reason, Ferrari made relatively a lot of them 7,177 compared with just under 1,300 Daytona Berlinettas and around 1,900 Boxers (all types together). The Countach is nearly as rare with 2,042 produced. Prices of Testarossas will rise as attrition reduces the stock of them, but they will be just too readily available.The Ferrari Testarossa has always been on my radar as a car likely to go up in Value; It typifies 80's super car excess, was the fastest production car in 1984 and was a run away sales success for Ferrari, setting a record as the highest selling supercar with around 10,000 examples sold.
However, it has become a victim of it's own success with early speculators loosing much of their investment as more examples of the model were sold. I can see why they invested as it looked a sure fire win when they were released, being the successor to the uber-desirable Ferrari 512BB that are now demanding around £150,000.
However Testarossa prices declined consistently following the release of the facelifted 512TR in 1992 and then the 512M in 1995. Both hampered the desirability and exclusivity that once personified the Testarossa. Having followed the prices over the last 5 years, I have seen them drop to under £30,000 but it appears that this is about to change.
The Testarossa is the last of a breed in the sense that it was the last mid-engined V12 Ferrari bar the F40,F50,Enzo and FXX - and just look at the prices of those... Ferrari have expressed no plans to re-introduce a mid engined V12 model than not only out paces it rivals but is also capable of cross continental cruising. It seems that the Testarossa is once again gaining the interest of investors as it's exclusivity could once again be restored.
Over the last 6 months the average price has climbed by £12,000 to £42,000 with the top end of the market now approaching £100,000 with this low mileage example:
There are not many other examples of former world's fastest cars that are at an almost affordable level, so my advice would be to get in quickly before they are out of the reach, much like the way that the Lamborghini Countach is headed...
The last model F512M would make a better investment buy with only 500 made although those will still be held back by the similarity to the Testarossa.
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