Motorcopia ValueScope™ Analysis – 1984–1991 Ferrari Testarossa (First Generation)

VEHICLE DETAILS

• Vehicle: 1984–1991 Ferrari Testarossa (first generation)
• Body Style: Coupe
• Engine: 4.9L Flat-12
• Transmission: 5-speed manual
• Mileage: See comparables
• Color: N/A
• Condition Grade: #2 baseline
  (#1 Concours Grade and #3 Good Driver sensitivity applied in Step 3)
• Location: N/A
• Production: 7,177

MARKET COMPARABLES — VALUE BASELINE

(Using the 14 most recent confirmed sales; 1 No Sale result listed below but excluded from statistics)

STEP 2 – MARKET COMPARABLES – VALUE BASELINE

Comps shown in native currency + converted to USD as necessary using the www.Xe.com rates above.

1. 1989 Testarossa (257 mi) Jan 17, 2026 Sold $687,500 Mecum Kissimmee Lot S128. Note: Purchased new by world piston-powered air speed record-setter Darryl Greenamyer. Offered from The Bachman Ferrari Collection.
2. 1987 Testarossa (1,657 mi) Jan 17, 2026 Sold $280,500 Mecum Kissimmee Lot S116 Note: Offered from The Heritage Collection, Rosso Corsa/Tan, belt service done.
3. 1988 Testarossa (4,420 mi) Jan 16, 2026 Sold $203,500 Mecum Kissimmee Lot F249 Note: From The Tampa Garage Collection, Rosso Corsa/Beige, California and California car.  
4. 1986 Testarossa (53,633 mi) Jan 18, 2026 No Sale $90,000 high bid. Mecum Kissimmee Lot U105
5. 1990 Testarossa (22,000 mi) Jan 30, 2026 Sold Ꞓ143,750 Bonhams Paris, France Lot 147. Note: European delivery, Ferrari Classiche certified with ‘Red Book’.
6. 1991 Testarossa (21,000 mi, Total Mileage Unknown) Jan 29, 2026 Sold $131,00 Collecting Cars
7. 1991 Testarossa (23,000 mi) Jan 29, 2026 Sold £105,000 Collecting Cars
8. 1986 Testarossa ‘Monospecchio’ (15,000 mi) Jan 23, 2026 Sold $179,200 RM Sotheby’s, Phoenix, Arizona Note: Early-production, single-mirror example, Black paint, Beige/Tan interior.
9. 1989 Testarossa (13,000 mi) Jan 12, 2026 Sold $235,000 Bring a Trailer           
10. 1986 Testarossa (44,000 mi) Jan 26, 2026 Sold Ꞓ104,500 Collecting Cars
11. 1985 Testarossa (32,000 mi) Dec 30, 2025 Sold $131,000 Bring a Trailer
12. 1986 Testarossa (8,000 mi) Dec 18, 2025 Sold $206,000 Bring a Trailer
13. 1986 Testarossa ‘Monospecchio’ (57,000 mi) Dec 23, 2025 Sold $175,000 Bring a Trailer
14. 1988 Testarossa (30,000 mi) Dec 10, 2025 Sold $124,000 Bring a Trailer
15. 1986 Testarossa ‘Monospecchio’ (35,000 mi) Dec 5, 2025 Sold RM Sotheby’s Abu Dhabi, ARE

Baseline conclusions:

• Median (market anchor): $177,100 USD
• Average (including Ex-Bachman Collection outlier): $214,857 USD
• Average excluding $687,500 Bachman Ferrari Collection outlier: $178,500 USD

Market structure takeaway:

The first-generation Testarossa market is clearly tri-tiered:

1. Outlier / trophy provenance
   Museum-grade stories, ultra-low mileage, exceptional narrative.
2. Sorted, excellent cars
   The true center of the market; consistent liquidity and rational pricing.
3. Driver / higher mileage / deferred maintenance cars
   Increasing price resistance and heightened buyer caution.

For Motorcopia purposes, the median remains the correct valuation anchor.

CONDITION MULTIPLIER

(Applied to median $177,100 USD)

• #1 (Concours): +20% → $212,520 USD
• #2 (Excellent): 0% → $177,100 USD
• #3 (Driver): –20% → $141,680 USD

BUY / SELL / HOLD SENTIMENT SCORING (0–10)

WEIGHTED SENTIMENT SCORE

• Final weighted score: 7.25 / 10

Motorcopia Stance:
SELECTIVE BUY / HOLD

Interpretation Ranges:

• 🔴 0.0–2.9 = Bearish → SELL or stay on sidelines
• 🟠 3.0–4.9 = Slightly Bearish → CAUTION
• 🟡 5.0–6.5 = Neutral → HOLD core assets
• 🟢 6.6–7.9 = Bullish → SELECTIVE BUYING
• ✅ 8.0–10.0 = High Conviction Bullish → STRATEGIC BUYING

VALUE FORECAST

Condition #2 Baseline – $177,100 USD

Sensitivity (same growth curve):

#1 Base: $212,520 USD

#3 Base: $141,680 USD

RECOMMENDED RESERVE PRICE (USD)

Method: 95% of Short-Term USD value

• Short-Term Value: $185,955 USD (round up to $186,000)
• Recommended Reserve: $176,700 USD (round down to $176,500

MARKET INSIGHT & COMMENTARY

Despite the stunning recent sale of the ex-Bachman car at Mecum Kissimmee, the first-generation Testarossa presents as a structurally healthy but increasingly unforgiving market. Buyers are no longer paying for nostalgia alone; they are paying for proof and penalizing ambiguity.

Exceptional provenance or ultra-low mileage can produce headline results that distort averages, but the true market continues to clear consistently around well-sorted, excellent examples. For sellers, presentation and documentation now determine outcomes more than venue; for buyers, the opportunity lies in acquiring certainty rather than chasing stories.

Motorcopia’s guidance remains Selective Buy: the right Testarossa is still a compelling long-term hold, while the wrong one will deliver costly lessons to the unwary and unprepared.

To see the Testarossa’s price history in a broader context, see this chart showing sale results, courtesy of www.classic.com:

About Motorcopia
Motorcopia is an independent collector-car market intelligence and publishing platform founded by David C.R. Neyens, a veteran writer, researcher, and auction-catalogue specialist with a long-standing presence in the industry since2008.since 2008

Motorcopia delivers proprietary market indices – including the Market Pulse™, Forward Index™, Buy/Sell/Hold Index™, and ValueScope™ – alongside auction coverage, investment insights, and collector-vehicle analysis.

With a focus on serving high-net-worth collectors, advisors, and industry professionals, Motorcopia combines deep cataloguing expertise with data-driven reporting to spotlight actionable trends, opportunities, and results across the global collector-car market.

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