The Ferrari Testarossa was the poster car of the 180’s and 90’s. It was the close competitor to the Lamborghini Countach, and has had its run. Over the years, people have lost interest in this amazing car just because it is old, but it clearly has a lot of potential to be the next big investment. Let’s start with some statistics. The Testarossa was mass produced to a total of 10,000 cars made in total. It is powered by a strong V12 making 390hp, a 0-60 time of 5.8 seconds with a top speed of 180mph.
Just like the Ferrari 488 is one of the fastest cars out there today, the Testarossa was one of the fastest of its time. In fact, most cars today can not even reach the speeds this car did almost 40 years ago. Its technology was far beyond anyone at the time. It had new features which made it so famous such as their interesting seatbelt. Their seatbelt would automatically be delivered to you. Yes, thi technology has since been replicated into other cars such as the GTC4Lusso, but at the time, it was the first.
Anyways, here’s why I think this car is the next big investment car. To start, the rarity. Not that many are still fully functional or operating which sets the few that are working properly to have more potential. Also, as the years went by, less and less were being kept, so naturally, the people who dreamt of owning this car one day eventually bought it. In 2017, a Testarossa was basically the cheapest Ferrari you could buy at only $40,000. Think about that for a minute, you got Ferrari power, and a Ferrari badge for the price of the average car. This was absolutely amazing. Of course, Interest in the car has suddenly spiked, and so has the price. Just three years later, the price has skyrocketed to almost $160,000, which leads me to make this theory. The Testarossa is the next million dollar car.
If you look at the numbers, you will realize that the price has gone up $120,000 in three years, or $40,000 raised in value per year. If something like this continues to happen, within, I’m predicting 8-10 years, this car will either be almost at the $1M mark or already there. Someday we will all be marveling at how cheap the Testarossa was!
Right now, there is not a lot of evidence supporting this, but we do know that it will continue to rise in value. How much? No one knows for certain, but it has a lot of potential. The radical design of this car, the curves, the edges, and the new technology that was introduced at the time were never really done again which makes this car one of a kind, and potentially valuable.