How rare is a Testarossa?
Including revised variations, almost 10,000 cars in total were produced, making it at the time one of the most mass-produced Ferrari models. Ferraris from the 1980s and 1990s that have been meticulously maintained with low mileage and few owners can be worth many times more than they were originally sold for. Another unique factor that can cause Ferraris to appreciate in value is not just how many owners they’ve had, but who those owners have been.The infamous Ferrari blacklist has become the stuff of automotive legend – a shadowy index of individuals deemed unworthy of purchasing the company’s finest limited-edition models.You may never get on Ferrari’s VIP list, despite owning a Ferrari. Obtaining an ordinary Ferrari is difficult, but procuring an extremely rare or limited edition Ferrari is almost unattainable for an average person.Generally speaking, a Ferrari is usually more affordable than a Lamborghini. Also, Ferrari models tend to become collector’s items, making them a better investment in the long term.
How much does a Testarossa cost today?
Pricing and Which One to Buy The price of the 2027 Ferrari 849 Testarossa starts at $540,000 and goes up to $645,000 depending on the trim and options. Classic Ferraris in decent condition will generally keep their value – their resale values are currently very strong, and the market is booming. Industry experts rate Ferrari models from the 1980’s and 1990’s to be among the best investments to be made in terms of pure growth of assets.Along with many cars over the last 4-5 years, values for the ferrari testarossa increased significantly, with the most gains seen in excellent and concours condition vehicles. As of this writing, the value of a “good” condition ferrari testarossa is around $150,000 averaged across all iterations. Source: hagerty.As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years.Key Points Ferrari keeps its vehicles exclusive by producing just 1,000 of each model annually. Its operating margin is around 30%, flying high above the rest of the industry. Ferrari looks like a good long-term investment, but it may not set you up for life.Disadvantages:Cost of Ownership: Ferraris come with a high initial price tag, and the cost of ownership can be significant. Maintenance, insurance, and fuel costs are often higher compared to other car brands. Practicality: Ferraris are typically not known for their practicality.
Are testarossas expensive to maintain?
Running Costs Realistically, you shouldn’t expect to spend much less than $5,000 per year on keeping your Testarossa serviced, maintained and running sweetly. Maintaining and servicing a Testarossa is never going to be cheap (and if it is, walk away), but an unresolved water pump issue – which prompted a dealership recall back in the day – could prove terminal. These and other issues were addressed and overcome for cars built for the 1991 model-year.