1990 Testarossa owner to be

TRChad · 08-08-2011, 08:33 AM

Hey guys. Hoping to pickup a 90 TR in the next week. This has been on my list since I was a kid. Can't wait!! Car has 34k miles and service records. Having a very well known and respected tech do PPI on the car, so i'm all set on the mechanics. My question is, how do I put a fair value on this car? I totally trust the seller, who has become a good friend, but I just want to make sure I'm buying it right. How do you put a value on these? I realize major service helps, but can someone give a value with major done and without major done? That would really help. Thanks!

champagne612 · 08-08-2011, 12:58 PM

Quote:

Originally Posted by TRChad

Hey guys. Hoping to pickup a 90 TR in the next week. This has been on my list since I was a kid. Can't wait!! Car has 34k miles and service records. Having a very well known and respected tech do PPI on the car, so i'm all set on the mechanics. My question is, how do I put a fair value on this car? I totally trust the seller, who has become a good friend, but I just want to make sure I'm buying it right. How do you put a value on these? I realize major service helps, but can someone give a value with major done and without major done? That would really help. Thanks!

Value as in market?

There are so many variables ... I would start with asking him what he think it's worth - trust me he knows - no reason to bid against yourself.

Look for comparable cars on e-bay etc. take the asking price and knock off 15% min.

barcheta · 08-08-2011, 01:20 PM

Take a look at Ferrari Market Letter, Cavallino and Forza. Between the three, you should be able to formulate a reasonable guess as to value. Since a major service can run anywhere from 8-15K I would deduct that from whatever price to calculate. Most of the valuation you'll see is with cars that have no issues, that is top of the market. A low price while not necessarily a bad deal does at least beg you to ask the obvious questions regarding service and documentation.

TRChad · 08-08-2011, 06:24 PM

What is cavallino and forza? Also, does anyone has a list of parts for these cars that is a cross reference? I seem to remember a lot of the parts can had for a fraction of the cost outside of the dealership. I am pretty good at doing a lot of my own maintenance. Over the years I've had a lot of high maintenance stuff so I'd like to learn how to do a lot myself. I appreciate the help!

360 Modena · 08-09-2011, 04:26 AM

You may want to pimp the TR (F40 Brembos, custom 18" 3-piece wheels, P-Zeros, carbon fiber glass engine cover, carbon heat shield) -- factor in ~$25k in the price if you decide to do so

Testarossa Carbon Fiber Products

I like what I've done to my car, but I also understand it's not for everyone.

See contrast photo of two TRs and you'll know what I mean.

brettgagnon · 08-09-2011, 07:53 AM

Quote:

Originally Posted by 360 Modena

You may want to pimp the TR (F40 Brembos, custom 18" 3-piece wheels, P-Zeros, carbon fiber glass engine cover, carbon heat shield) -- factor in ~$25k in the price if you decide to do so

The traditionalists may hate it, but your 'Rossa looks good

barcheta · 08-09-2011, 09:10 AM

Quote:

Originally Posted by TRChad

What is cavallino and forza? Also, does anyone has a list of parts for these cars that is a cross reference? I seem to remember a lot of the parts can had for a fraction of the cost outside of the dealership. I am pretty good at doing a lot of my own maintenance. Over the years I've had a lot of high maintenance stuff so I'd like to learn how to do a lot myself. I appreciate the help!

Cavallino and Forza are both magazines geared towards the Ferrari enthusiast. Both offer perspectives on value. TRutlands, Ricambi America, and FerrParts are great sources for aftermarket parts. Caribou and Norwood offer upgrades to engine and brakes.

TRChad · 08-09-2011, 12:28 PM

Ok, so based on your knowledge of the market...what is a 90 with 30-35k miles worth sorted out?

barcheta · 08-09-2011, 01:56 PM

Depends... is it 30 to 35K worth of track miles or is 35K worth of casual driving? I'm guessing about $60-65K.

But don't take my word for it... Go get a subscription to Ferrari market Letter and look up current asking prices to get yourself a more informed quick idea of what the market may be.

lucca brazzi · 08-09-2011, 04:20 PM

Quote:

Originally Posted by 360 Modena

You may want to pimp the TR (F40 Brembos, custom 18" 3-piece wheels, P-Zeros, carbon fiber glass engine cover, carbon heat shield) -- factor in ~$25k in the price if you decide to do so

Testarossa Carbon Fiber Products

I like what I've done to my car, but I also understand it's not for everyone.

See contrast photo of two TRs and you'll know what I mean.

that clear engine lid is SICK!!...NICE GOING,,I LOVE IT,!!!,,showing off that flat 12 was a fantastic idea...i wish i could see it in person,,!!,,

08-08-2011, 08:33 AM	#1
TRChad Owner Elite Member Join Date: Aug 2011 Location: Pittsburgh, PA Ferrari Life Posts: 48	1990 Testarossa owner to be Hey guys. Hoping to pickup a 90 TR in the next week. This has been on my list since I was a kid. Can't wait!! Car has 34k miles and service records. Having a very well known and respected tech do PPI on the car, so i'm all set on the mechanics. My question is, how do I put a fair value on this car? I totally trust the seller, who has become a good friend, but I just want to make sure I'm buying it right. How do you put a value on these? I realize major service helps, but can someone give a value with major done and without major done? That would really help. Thanks!

08-08-2011, 01:20 PM	#3
barcheta Owner Elite Member Join Date: Mar 2004 Location: Maryland Ferrari Life Posts: 1,394 Name: JB	Take a look at Ferrari Market Letter, Cavallino and Forza. Between the three, you should be able to formulate a reasonable guess as to value. Since a major service can run anywhere from 8-15K I would deduct that from whatever price to calculate. Most of the valuation you'll see is with cars that have no issues, that is top of the market. A low price while not necessarily a bad deal does at least beg you to ask the obvious questions regarding service and documentation. Current: 85' GTS QV "I don't sell cars, I sell engines. The cars I throw in for free since something has to hold the engine."

08-09-2011, 04:26 AM	#5
360 Modena Owner Join Date: Sep 2009 Location: East Coast USA Ferrari Life Posts: 1,909	You may want to pimp the TR (F40 Brembos, custom 18" 3-piece wheels, P-Zeros, carbon fiber glass engine cover, carbon heat shield) -- factor in ~$25k in the price if you decide to do so Testarossa Carbon Fiber Products I like what I've done to my car, but I also understand it's not for everyone. See contrast photo of two TRs and you'll know what I mean. Attached Images 360 & TR Cars & Coffee at CITY DOCK ANNAPOLIS 9am-noon Every Sunday *F-CHAT Exile* now living the *Ferrari Life*.

08-09-2011, 01:56 PM	#9
barcheta Owner Elite Member Join Date: Mar 2004 Location: Maryland Ferrari Life Posts: 1,394 Name: JB	Depends... is it 30 to 35K worth of track miles or is 35K worth of casual driving? I'm guessing about $60-65K. But don't take my word for it... Go get a subscription to Ferrari market Letter and look up current asking prices to get yourself a more informed quick idea of what the market may be. Current: 85' GTS QV "I don't sell cars, I sell engines. The cars I throw in for free since something has to hold the engine."

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08-08-2011, 06:24 PM	#4
TRChad Owner Elite Member Join Date: Aug 2011 Location: Pittsburgh, PA Ferrari Life Posts: 48	What is cavallino and forza? Also, does anyone has a list of parts for these cars that is a cross reference? I seem to remember a lot of the parts can had for a fraction of the cost outside of the dealership. I am pretty good at doing a lot of my own maintenance. Over the years I've had a lot of high maintenance stuff so I'd like to learn how to do a lot myself. I appreciate the help!

08-09-2011, 12:28 PM	#8
TRChad Owner Elite Member Join Date: Aug 2011 Location: Pittsburgh, PA Ferrari Life Posts: 48	Ok, so based on your knowledge of the market...what is a 90 with 30-35k miles worth sorted out?