News

Testarossa Price Trends

Discussion in 'Boxers/TR/M' started by Mr.Chairman, Dec 9, 2010.

  1. MOSS

    MOSS Formula 3
    Rossa Subscribed Owner

    Apr 28, 2004
    1,255
    Great you brought it up. I don't think enough owners get creative like this. A lot of money is left on the table as a result.
     
    Shamile and Natkingcolebasket69 like this.
  2. Shamile

    Shamile F1 Veteran
    Silver Subscribed

    Dec 31, 2002
    6,556
    Lakeland FL
    Full Name:
    Shamile
    Well, it's kinda funny. It's one thing to build and go up incrementally.... It's another to have a pile of cash and go spend it. All of a sudden, I don't want to part with it lol

    I guess it's just the business owner in me not wanting to waste money....especially on something you know will lose half. On older exotics like a Testarossa or Murcielago series, you're not going to lose much. A 458/ Aventador...different story.

    Shamile

    Freeze....Miami Vice!



    Sent from my SM-G950U using Tapatalk
     
    blkdiablo33 likes this.
  3. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    certain cars makes sense to lease like a 720 s
     
    Shamile and Natkingcolebasket69 like this.
  4. Shamile

    Shamile F1 Veteran
    Silver Subscribed

    Dec 31, 2002
    6,556
    Lakeland FL
    Full Name:
    Shamile
    Yeah....won't touch a McLaren. The shop that services my Testarossa also works on McLaren. When I last went there I got the McLaren tour....that one needs a transmission....that one's waiting on the central display screen...etc etc.

    Shamile

    Freeze....Miami Vice!

    Sent from my SM-G950U using Tapatalk
     
    MOSS and Natkingcolebasket69 like this.
  5. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    its a great car to lease,low money out of pocket and montly payments are fair and will be under warranty 3 years later walk away from it would of lost more if owned it for 3 years
     
    Natkingcolebasket69 and Shamile like this.
  6. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    im thinking of selling my 430 now that car took a big hit so much car for the money there getting
     
    Natkingcolebasket69 and Shamile like this.
  7. Shamile

    Shamile F1 Veteran
    Silver Subscribed

    Dec 31, 2002
    6,556
    Lakeland FL
    Full Name:
    Shamile
    Which McLaren took a hit?

    ...they all take a big hit ;) lol

    Shamile

    Freeze....Miami Vice!

    Sent from my SM-G950U using Tapatalk
     
  8. dm_n_stuff

    dm_n_stuff Global Moderator
    Global Moderator Owner Lifetime Rossa

    Dec 10, 2003
    34,901
    The Sunshine State
    Full Name:
    Dave
    Jay R, seven day site wide ban for trolling. Next infraction will be 30 days, one after than will result in a permanent ban.

    Moss, be advised, we've discussed BOTH of you in the moderator forum. you're not innocent in this, either, and any provoking of Jay R will cost you time out as well.

    You two need to put each other on ignore, and walk away.

    D
     
  9. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    my f 430
     
  10. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    diablo owners are looking pretty, we both were previous diablo owners no hit taken there
     
    Natkingcolebasket69 and Shamile like this.
  11. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    also anyone who bought a tr 8/10 years ago did greatthat still own it
     
    Natkingcolebasket69 and Shamile like this.
  12. MOSS

    MOSS Formula 3
    Rossa Subscribed Owner

    Apr 28, 2004
    1,255
    There is a 99 diablo at Roy’s at 450 or so I could have bought locally for 150 4 years ago. Agree


    Sent from my iPhone using FerrariChat.com mobile app
     
    Shamile and blkdiablo33 like this.
  13. ferralc

    ferralc Formula 3
    Owner

    Sep 2, 2010
    1,823
    San Diego CA
    Full Name:
    Fernando
    Maintenance wasn’t that bad. I spent money on upgrades too but regular maintenance and repairs was nothing to lose your sleep for.
    I spent 16k in 4 years of ownership.



    Sent from my iPhone using Tapatalk
     
    Natkingcolebasket69 likes this.
  14. blkdiablo33

    blkdiablo33 F1 Rookie

    Jul 12, 2004
    3,194
    450 crazy
     
    MOSS and Shamile like this.
  15. ferralc

    ferralc Formula 3
    Owner

    Sep 2, 2010
    1,823
    San Diego CA
    Full Name:
    Fernando
    “Are you telling me I cannot net 12% return on a secure low volatile investment??
    Then you are not giving me properly investment advice.”
    Typical comment of a client

    I don’t miss being a financial advisor AT ALL
    once a client told me “I have an idea why don’t we purchase stocks every day that will go up around 5% and sell them before the end of the day”
    I was like “that is a really good strategy I am not sure why I didn’t think about it!!! Instead I was purchasing a lot of stocks and some of them actually went down!!! only thing I needed to do was to not purchase the ones that went down!! It was that easy!!



    Sent from my iPhone using Tapatalk
     
  16. Parnelli

    Parnelli Formula Junior
    Silver Subscribed

    Aug 30, 2013
    768
    Milwaukee, WI
    Full Name:
    Greg P
    I totally hear you, dude! Now if anybody even utters words like that to me I walk away and won't even consider opening an account with them.

    Over the years I've fired most of those type of clients (or they fire me :)). Either way I've learned just not to partner with clients that are unrealistic.

    How long were u an FA and what do u do nowadays?
     
    MOSS, Shamile and Natkingcolebasket69 like this.
  17. Shamile

    Shamile F1 Veteran
    Silver Subscribed

    Dec 31, 2002
    6,556
    Lakeland FL
    Full Name:
    Shamile
    16k in maintenance on a 250k - 300k car ok....16k in maintenance on a 60k-90k car...not so much.

    I mean each to his own but I just thought it was a lot to put in for the value of the car.

    Shamile

    Freeze....Miami Vice!

    Sent from my SM-G950U using Tapatalk
     
  18. MOSS

    MOSS Formula 3
    Rossa Subscribed Owner

    Apr 28, 2004
    1,255
    No need for that. I will do it myself if this crap doesn’t stop.


    Sent from my iPhone using FerrariChat.com mobile app
     
  19. Shamile

    Shamile F1 Veteran
    Silver Subscribed

    Dec 31, 2002
    6,556
    Lakeland FL
    Full Name:
    Shamile
    Chill bro....you're good. You get all kinds in life. Don't let people get to you....I don't.

    Shamile

    Freeze....Miami Vice!

    Sent from my SM-G950U using Tapatalk
     
    Natkingcolebasket69 likes this.
  20. MOSS

    MOSS Formula 3
    Rossa Subscribed Owner

    Apr 28, 2004
    1,255
    Thanks man, I just want to talk cars and hang with people that do the same. Shamile you and I go a long ways back with Lamborghini and Ferrari ownership.


    Sent from my iPhone using FerrariChat.com mobile app
     
    Shamile likes this.
  21. Parnelli

    Parnelli Formula Junior
    Silver Subscribed

    Aug 30, 2013
    768
    Milwaukee, WI
    Full Name:
    Greg P
    Agreeing is super easy

    For example:

    Cool Ferrari’s, cold beers, and hot chicks.....3 things that I can 100% guarantee all of us in this forum AGREE are good things to in life have :)
     
    MOSS and Shamile like this.
  22. ferralc

    ferralc Formula 3
    Owner

    Sep 2, 2010
    1,823
    San Diego CA
    Full Name:
    Fernando
    20 years total, and 12 in the US (Merrill and WFA)
    I am still in finance related business as a private investor but nothing related to wealth management.


    Sent from my iPhone using Tapatalk
     
  23. ferralc

    ferralc Formula 3
    Owner

    Sep 2, 2010
    1,823
    San Diego CA
    Full Name:
    Fernando
    #4023 ferralc, Jan 20, 2020
    Last edited: Jan 20, 2020
    Over 4 years and I drove it every single time I wanted (just like you)
    Yes it is expensive but I sold the car for 5k less than I purchased it for (80k vs 75k) so basically It cost me 20-25k to drive an exotic car for 4 years, any other brand new 80k sports car would have depreciated way more than that.


    Sent from my iPhone using Tapatalk
     
  24. Shamile

    Shamile F1 Veteran
    Silver Subscribed

    Dec 31, 2002
    6,556
    Lakeland FL
    Full Name:
    Shamile
    I just wasn't expecting that kind of maintenance costs on the car. As a newer model without the need for an engine out for the timing belts, I assumed the operating costs would be lower.

    Yours was in line as another that was for sale on Ebay had listed all the service invoices....same costs.

    Shamile

    Freeze....Miami Vice!

    Sent from my SM-G950U using Tapatalk
     
    Natkingcolebasket69 likes this.
  25. ferralc

    ferralc Formula 3
    Owner

    Sep 2, 2010
    1,823
    San Diego CA
    Full Name:
    Fernando
    No engine out but still timing belts.
    The 430 was the first model that ditch the belts for a chain, so no longer timing belts service was necessary BUT..... the 430 it is a similar model to the 360 but it has MORE electronics (i.e. manettino wheel) and an electronic differential. All those things are not cheap, after that model technology evolved (MORE electronics and things like carbon ceramic brakes etc) and maintenance costs increased even more.
    I still believe 360s are the best value for your money, the car is fast and you can really feel the speed. Nowadays 400hp might seem like not much but if someone needs more than 400hp is because that someone only knows how to drive on a straight line.
    And maintenance is not that much compared to other Ferrari models (specially 355s)
    A mechanic told me the most reliable models were the 360 manual and the 550. Still the F1 is not a big deal.


    Sent from my iPhone using Tapatalk
     

Share This Page