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Pricing trends on 512 TR and 512 M

Discussion in 'Boxers/TR/M' started by bimmerbill, Nov 10, 2019.

  1. bolex

    bolex Rookie

    Feb 28, 2011
    47
    San Diego, CA
    Full Name:
    Brian
    I almost bought this one but lost out. My max was 240k and it sold for 250k in 2015 at Mecum.
    https://www.mecum.com/lots/CA0815-219916/1993-ferrari-512-tr/

    it now sold for 179k, wow!

    I also offered 240k for the 1992 512tr at R&H Motorcar in Ohio in 2015 and the guy basically laughed at me. They still have it for sale for 279.

    I think these cars are worth way more than they are currently going for and likely will jump on one soon. It is nice to know that I might have saved 100k by waiting though.
     
    Natkingcolebasket69 likes this.
  2. bensonae

    bensonae Formula Junior

    Apr 7, 2013
    283
    Tokyo, Japan
    Full Name:
    Alex Benson
    I have a 1993 Japan specification with 67k km (42k miles) that I might consider selling. It is with me here in Japan though! More than happy to mention condition etc. as I know the car pretty well. It was a driver until 2 years ago and post baby have not used it much at all.
     
  3. turbo-joe

    turbo-joe F1 Veteran
    Silver Subscribed

    Apr 6, 2008
    5,639
    southwest germany
    Full Name:
    romano schwabel
    so it is a right hand drive car?
     
  4. bensonae

    bensonae Formula Junior

    Apr 7, 2013
    283
    Tokyo, Japan
    Full Name:
    Alex Benson
    The Japanese spec 512TR are all LHD. They are basically the same as the Euro spec. ABS, and no automatic seatbelts. I think a few other minor differences. Red/black. ZFFLA40JAP0096535. I am on the site registered here if you look at my history. I feel I know this car pretty well now.
     
  5. turbo-joe

    turbo-joe F1 Veteran
    Silver Subscribed

    Apr 6, 2008
    5,639
    southwest germany
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    romano schwabel
    and I always thaught japanese models are RHD?
     
  6. rumen1

    rumen1 Formula 3
    Silver Subscribed Rossa Subscribed Owner

    Jun 23, 2012
    1,093
    Bulgaria
    Share a price with us :) Everyone loves the cars from Japan.
     
  7. rumen1

    rumen1 Formula 3
    Silver Subscribed Rossa Subscribed Owner

    Jun 23, 2012
    1,093
    Bulgaria
    There are many cars, that are imported in Japan afterwards. Same as in the UK.
     
  8. jbwz

    jbwz Rookie

    Sep 23, 2015
    5
    I agree with a lot of these comments. I traded my 92 512TR two years ago and shipped it to several dealers. It had 14k miles and was perfect. The best number I got was $177k and the market is softer now. Asking prices on exotics are always all over the board and some ask crazy prices hoping to get lucky. The best way to determine value is what they are actually selling for. Check the auction sites like B-J, RM, etc for recent sales. I also find Sports Car Market magazine a great reference when buying and selling classics and exotics. I still regret trading mine. They are wonderful cars.
     
    Natkingcolebasket69 likes this.
  9. turbo-joe

    turbo-joe F1 Veteran
    Silver Subscribed

    Apr 6, 2008
    5,639
    southwest germany
    Full Name:
    romano schwabel
    right, but it says it was original a japanese car, so I thaught a RHD
     
    rumen1 likes this.
  10. SAFE4NOW

    SAFE4NOW F1 Rookie
    Sponsor

    Aug 25, 2004
    3,553
    Dallas Texas
    Full Name:
    Steve F
    Anyone have 1st hand knowledge of this car? Current Services? Needs or actual condition?

    #4 Red/Tan is still in my possession and owner is holding at $380k asking price
    But its serviced and anything that anyone has ever pointed out as " needing to be addressed " has been address!

    ;-)

    S
     
    Natkingcolebasket69 likes this.
  11. Natkingcolebasket69

    Rossa Subscribed

    for price comparison in that very small market of M's you could check the one that wearecurated in miami is selling with 6k miles.
     
  12. MaseratiMike

    MaseratiMike Karting

    Mar 15, 2016
    247
    UK
    Full Name:
    Mike
    FYI - My '86 Testarossa LHD (Euro spec) I bought was imported from Japan to the UK a couple of years ago, but was originally from Germany...
     
  13. bensonae

    bensonae Formula Junior

    Apr 7, 2013
    283
    Tokyo, Japan
    Full Name:
    Alex Benson
    I would let it go for 140k. Very few RHD Ferraris in Japan and there was no 512TR RHD sold in Japan. You can even see the "JAP" in my VIN. I occassionally see RHD 360s and 430s but rarely anything in generations before that
     
  14. Gershwin

    Gershwin F1 Veteran
    Silver Subscribed

    Feb 21, 2005
    5,992
    Kentucky
    What would a 92 with 45k miles and up to date mechanicals fetch these says fellas?
     
  15. Zeff

    Zeff Formula Junior

    Oct 8, 2018
    490
    Cupertino, Ca
    Full Name:
    Ryan
    #90 Zeff, Feb 10, 2020
    Last edited: Feb 10, 2020
    Condition and history would be everything on any of these cars. If it were a condition 1 car I would say 140k-145. But if it’s anything less than that you would have to deduct. Also remember, the cheapest Ferrari will be the most expensive one to own. Every great mechanic will tell you that FYI. Always keep that in mind.
     
  16. turbo-joe

    turbo-joe F1 Veteran
    Silver Subscribed

    Apr 6, 2008
    5,639
    southwest germany
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    romano schwabel
    :) :) ;) :)
    except you can do all work by yourself - but even then there are the costs for parts
     
  17. Zeff

    Zeff Formula Junior

    Oct 8, 2018
    490
    Cupertino, Ca
    Full Name:
    Ryan
    Good point. I won’t forget. My only problem is I’m not a good technician.
     
  18. turbo-joe

    turbo-joe F1 Veteran
    Silver Subscribed

    Apr 6, 2008
    5,639
    southwest germany
    Full Name:
    romano schwabel
    learning by doing ryan, it is no magic
    but also you need the tools and the equipment to work on your car
    and when you fixed your car it makes double fun to drive then - and saves a lot of money ;)
     
    Zeff and Natkingcolebasket69 like this.
  19. Gershwin

    Gershwin F1 Veteran
    Silver Subscribed

    Feb 21, 2005
    5,992
    Kentucky
    Yes for sure it’s actually the one I’ve previously owned, so I’d be buying it back. Some great mechanic serviced her but she’s got more mileage. Seller asking $189k, i felt like he might be 50k high.
     
  20. Zeff

    Zeff Formula Junior

    Oct 8, 2018
    490
    Cupertino, Ca
    Full Name:
    Ryan
    Yes it is a bit, but don’t let that discourage you make them an offer and sit back and wait for them to get realistic.
     

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