512 TR Values

Just buy one and enjoy it. At most you lose the full value of the car and some maintenance expense but you get joy in exchange.

 

The 512 TR is my favorite of the bunch. I'm not sure the $120k premium over the Testarossa is deserved though; which may have more to do with the Testarossa being under-valued. Considering the current trajectory of newer cars as well as the people who had these cars on their wall growing up now being able to afford them, I don't see them getting cheaper without major macro factors at play. Just my 2c.

 

Prices are up, flat and holding on the TR. Great car.
Buy it for the memories it will provide.
Getting your money back or it goes up or down makes no difference.
Just enjoy the ride, it is the best.

 

I have a TR and am intimately familiar with the 512. I have gone back and forth. There are some aspects of both I like.
While power, handling and brakes are better in the 512. The TR to me is a much better looking car and interior quality is higher. I have no use for all the cheap plastic in the 512. The TR interior is more hand made and looks it.

 

Like the stock market. It ebbs and flows. Short term who knows. Long term it will trend up. If the bottom falls out for good we have much bigger problems to think about.

Buy the best you can. 100% of the time it is the cheap way.

 

Short term - down.

Long term - dollar will go down, so it will go up.

 

120k premium? Unless you can buy a testarossa for 80k
The last 3 512TR on bring a trailer have been 1 sold for $205k and two others RNM at $198k and $200k
The market has corrected a lot and now the premium is around 50k, testarossas are around $150k and they have corrected way less than the 512TR for similar vehicles.



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Because the Testarossa's weren't being pumped and flipped like the 512TR and M.

Plenty Testarossa's for less than 150k though.

BaT is rather batty.

 

Be careful to compare us vs us not euro

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True but not I don’t think there’s a $120k difference, personally I wouldn’t mind getting a euro car at the right price.
Just like lagunacc mentioned the testarossas were not pumped and dumped like the 512s, I think a good testarossa is around 130k-150k with outliers with very little mileage hitting almost 200k
Anything in the 100k range are very rough examples with deferred maintenance.


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just yesterday a 512 TR not sold at BAT, max. bid 198k

https://bringatrailer.com/listing/1992-ferrari-512-tr-29-2/?utm_source=dm&utm_medium=email&utm_campaign=2024-04-11

 

Again ..USA vs euro ..30k miles

I am sure a 10k 1993 512 USA version close or over 300

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30k kms not miles.
If you go to BAT you can see a clear downtrend on 512 prices for both euro and US spec cars, that’s why a lot of them have higher reserve prices and cars don’t sell, but sellers are still thinking they will get 6 months ago prices.
A good example is the 512tr speciale at collecting cars, it was a no sale at Mecum last November at 350k, the seller said this
“I can’t control peoples bids but if it was a fake bid I can assure you it would be alot more than 305k. The last estimate was 700k -1M by mecum” (yeah right), eventually car sold at 311k. Market is market

https://collectingcars.com/for-sale/1994-ferrari-512-tr-speciale?utm_source=facebook&utm_medium=paid_cpc&utm_campaign=ccus_import

I don’t see why somebody would pay a huge premium for a US spec car vs a Euro, if somebody care to explain to me why a US car should commands huge premium.


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Euro cars difficult to register in most states for emissions ,euro cars usually bring less money

 

Sorry about the miles vs km ..I actually thought I wrote km
You are right The market is the market but I still feel a good honest US 1993 or 1994 low mileage car is worth close to and possible over 300 ..we shall see when the next "regular" US 512 TR with lower mileages comes up ..no point arguing ..a high mileage ome just came out on bat ..

Btw ..being following the 512 TR market for over 15 years and iirc at one point the 512 TR speciale was not considered special ..not sure if and when that changed ..could be i am.thinking some other model that was the cross over at 1992 ..so if i wrong apologies in advance

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I thought everybody here lives in Montana


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It has nothing “speciale” in my opinion, it is basically a Japanese version run of 15 cars. With modular 512tr wheels and a very cool color (Rosso Rubino Metalizzato)
Nothing to command the 700k-1M the seller said the car was estimated, but a cool car indeed, when it was at Mecum at Monterey it had a note that said the car had to be sold to a dealer or an out of state resident. Therefore the car obviously wouldn’t pass emissions in CA. I asked the seller and he said the car was smogged in CA prior to Mecum, that was false because I checked the VIN at the Bar website.
My point with the speciale example is that there is a clear disconnection between supply and demand and cars are not being sold. Yes US cars will bring more money because it will be easier to register in all 50 states, but 100k more money?? Hmmmm I really doubt it. you can actually go through all the bureaucratic and compliance nightmare in CA for way less than that. My 2 cents



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By the way I am not sure if you are familiar with the YouTuber (fourwheel trader) who makes the market statistic analysis on different exotic cars using US and European data.
Recently he did a cool video about Ferraris and he asked for suggestions of specific models to make a video about. I suggested him a testarossa, 512tr and F512M video, hopefully he makes it.




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how serious he is doing this?

 

Service and care standards are all over the place in Europe, even at authorized F dealers.
And as the stolen 512M case showed, one might just hit the "jackpot".

The US 512M's are also considerably rarer.

Sometimes the delta is worth the hassle and risk, but tread carefully.

Quite a few higher mileage 512TR's in the EU at 150-170k eur. Figure $200k all in.

 

That and much more. In general non US cars not nearly as well cared for, driven in salt etc. Plus what many cars suffer in the federalization process. And I hate to say it but US consumers of grey market car do not maintain them as well even after they are here. Its so common some shops do not even care to take them in for repairs. US version cars of all models traditionally have greater values.

 

I was thinking of Classic.com's moving average. Maybe $50k is an easier pill to swallow if you prefer the 512 TR. $120k would seem a bit much, IMO.

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seller should have taken the first ooffer i think 225 few months ago imo