testarossa thread
Discussion
Yep, it's gone from both autotrader and pistonheads and is shown as sold on the Meridian site. The other car with 800 or so miles was with Chesire Classics if I remember rightly, that also went for about £100k. Last year Joe Macari sold a 1991 LHD car with 350 km, all the luggage but with the 512 TR wheels, that went for £130k ish from memory.
As stated previously, the market is getting far stronger and will continue to do so.
As stated previously, the market is getting far stronger and will continue to do so.
I thought I would work out what the Testarossa has cost to maintain over the last 20 years and 8000 miles.
It works out a £2.50 a mile but that does include a £10,000 invoice a few years ago some of which was spent on addressing issues attributed to lack of use.
To add the car has been maintained pretty much regardless of cost but I do wonder if regular use would actually be cheaper over the long run but then again Ferraris are sensitive to mileage so any savings might be wiped out with depreciation.
I have decided life is too short so I am now using the car almost every weekend weather permitting.
It works out a £2.50 a mile but that does include a £10,000 invoice a few years ago some of which was spent on addressing issues attributed to lack of use.
To add the car has been maintained pretty much regardless of cost but I do wonder if regular use would actually be cheaper over the long run but then again Ferraris are sensitive to mileage so any savings might be wiped out with depreciation.
I have decided life is too short so I am now using the car almost every weekend weather permitting.
Yes Ferrari prices are sensitive to mileage, however, whenever the respective markets dry up or the model peaks on price then no-one seems to mind. For example, the Daytona, rather hard to find for sale and if you do the condition and provenance dictates further investigation, mileage, not sure it would bother me too much? Likewise, Dinos and 512 BB's, yes you get the mega low mile cars but its not the be all end all. As you rightfully say, sometimes lack of use is more of a turn off and does not make financial sense, unless of course you intend on keeping the car on low miles.
All that said, the sub 5000 miles cars will always provide the bench mark on price but what is interesting is the prices testarossas are fetching with say 35k on the clock!
All that said, the sub 5000 miles cars will always provide the bench mark on price but what is interesting is the prices testarossas are fetching with say 35k on the clock!
4 years ago when I bought my 355, the only other Ferrari that i could afford and that I desired at the time was a testarossa (budget was just under £40k) with models being on about 40k miles for my budget. Being in the big smoke, I found an underground car parking space for rent secured it, then went car shopping. Was about to go look at a Testarossa when I thought I'd better measure the width of the parking entrance. No joy, a Testarossa wouldn't fit so it was 355 from then on. I didn't lose too much on the 355 over 14k miles, but i wonder what 55k mile Testarossa would be worth now compared to what I would have paid for it back then 
Mario149 said:
4 years ago when I bought my 355, the only other Ferrari that i could afford and that I desired at the time was a testarossa (budget was just under £40k) with models being on about 40k miles for my budget. Being in the big smoke, I found an underground car parking space for rent secured it, then went car shopping. Was about to go look at a Testarossa when I thought I'd better measure the width of the parking entrance. No joy, a Testarossa wouldn't fit so it was 355 from then on. I didn't lose too much on the 355 over 14k miles, but i wonder what 55k mile Testarossa would be worth now compared to what I would have paid for it back then
It would have covered the servicing costs at least. Getting a Tes in a underground car park is interesting but the sound is great but it probably pisses everyone else off warming it up....They are quiet good cars, I drive mine frequently on the weekends and I strongly believe they are starting to appreciate. The people who had them as posters back then are starting to acquire these cars.
Please disregard the comments you heard about these cars, it is a joy to drive and the only annoyance for me is the manoeuvring in tight parking spots. I have never driven a Testarossa but the F512M I have is easy to drive and you can enjoy it without needing to feel like sitting in the gym (clutch is not heavy)
Picture of my pride and joy, enjoying a cold coffee in the middle east heat.
Please disregard the comments you heard about these cars, it is a joy to drive and the only annoyance for me is the manoeuvring in tight parking spots. I have never driven a Testarossa but the F512M I have is easy to drive and you can enjoy it without needing to feel like sitting in the gym (clutch is not heavy)
Picture of my pride and joy, enjoying a cold coffee in the middle east heat.
VantageV550 said:
They are quiet good cars, I drive mine frequently on the weekends and I strongly believe they are starting to appreciate. The people who had them as posters back then are starting to acquire these cars.
Please disregard the comments you heard about these cars, it is a joy to drive and the only annoyance for me is the manoeuvring in tight parking spots. I have never driven a Testarossa but the F512M I have is easy to drive and you can enjoy it without needing to feel like sitting in the gym (clutch is not heavy)
Picture of my pride and joy, enjoying a cold coffee in the middle east heat.
F512M had power steering, the original didn't so it's still a workout when parking. Please disregard the comments you heard about these cars, it is a joy to drive and the only annoyance for me is the manoeuvring in tight parking spots. I have never driven a Testarossa but the F512M I have is easy to drive and you can enjoy it without needing to feel like sitting in the gym (clutch is not heavy)
Picture of my pride and joy, enjoying a cold coffee in the middle east heat.
Gassing Station | Ferrari Classics | Top of Page | What's New | My Stuff