Prices fall for evolutionary Testarossa
Ferrari’s 512TR has always been considered a cut above the Testrossa that it evolved from. In the number-sensitive world of Ferrari fans, not only were there just 2261 built – significantly fewer than the 7177 Testarossas – but the ‘evo’ packed an extra 38bhp along with other dynamic improvements and visual updates.
All that has meant that in the past there was around a 30 per cent premium to pay for the 512TR, but that gap has roughly halved in the last year. We’ve already reported on falling Testarossa values, but the 512TR has been even harder hit.
At the top end perhaps £15k has been wiped off their prices (selling, if not asking). Where we’re at now was highlighted by a result at the last Artcurial sale where a smart and wellhistoried 512TR with 60,000km (37,000 miles) just scraped past its low estimate to sell for £92,411. Not long ago you would have expected nearer £120k.