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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Ferrari Testarossa
Valuation · Ferrari · F110 · 1984-91

Ferrari Testarossa

4.9L NA flat twelve · 291 kW / 490 Nm · 5sp manual · RWD
AVOIDRated within the over $100k band · 82 of 104 at this money
Research estimate
$340,000
Must gain each year to break even
+6.3%
The projection does not clear it, and nor does most of the library.
CarQuant score
56/100
Scored against the over $100k band, not the whole library
Evidence grade
Researched
No Australian transaction of any kind
$340,000
$188,488 lowhigh $500,712
Researched, no recorded transaction
No Australian sale, and no usable Australian listing either. The only flat-twelve cars in local stock in August 2026 were catalogued as 1988 and 1989 F512 Ms, which is not a car that exists, so neither is carried here.
Measured across this library, a value with no Australian result behind it runs high about seven times in ten, by a median of ten per cent. Read this one as a ceiling rather than a midpoint.

Looking at a Testarossa for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$340,000
At about 45,000 km. Enter an asking price to compare.

No Australian sale stands behind this value, so treat the figure as indicative.

We will not sell a report on this car. The check above stays free.

Price history

Today $340,000 · modelled median at five years $327,428
Solid line: the value this library has carriedDashed from 2026: modelled · even money $254,346 to $418,575
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($188,488 to $500,712). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

The numbers argue against it. Scores 56/100, ranking 82 of 104 in the over $100k band. Demand durability is the strongest input, risk resilience the weakest.
Running it costs about $19,000 a year (5.6% of value), which is what the economics score measures. All in, including the projected value change, it is $26,002 a year.
The model's five year median is $327,428, a -3.7% move, with the tenth percentile at $188,488.
Value is research, not a measurement. Treat the level as indicative and the structure as the analysis.
Evidence
Researched0 recorded sales
Off its peak
-30%
Value band
wide
An external source, but no itemised transactions. Indicative only.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
Short term (1-5 years)$26,002 a year all in, -3.7% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$340,000

Recorded sales

No individual sales are logged for this vehicle.
The value is supported by the aggregate evidence noted at the top of this report, but the underlying transactions are not itemised here.

Score breakdown

Against the over $100k band median
104 cars in band · ink tick marks the median
Ownership economics30% of total
70/100+1
Scarcity25% of total
62/100-3
Demand durability20% of total
80/100+2
Liquidity15% of total
20/100-12
Risk resilience10% of total
0/100-34
Sub-scores run 0-100 before weighting; the weighted total is 56/100. Medians are computed live from the 104 cars currently in the over $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
70/100
Baseline84 pts
− 5.6% of value a year to run-14 pts
Sub-score (baseline plus drivers, clamped 0-100)70 pts
Scarcity25% weight
62/100
Baseline20 pts
+ 70 survivors estimated in Australia+42 pts
Sub-score (baseline plus drivers, clamped 0-100)62 pts
Demand durability20% weight
80/100
Baseline62 pts
+ The most recognisable shape Ferrari has ever built+16 pts
+ Early monospecchio cars have pulled away and the gap is still widening+10 pts
− 1,660kg and five and a half seconds is not what it is bought for-8 pts
Sub-score (baseline plus drivers, clamped 0-100)80 pts
Liquidity15% weight
20/100
Baseline12 pts
+ 150 days on market0 pts
+ 6 sales a year+8 pts
Sub-score (baseline plus drivers, clamped 0-100)20 pts
Risk resilience10% weight
0/100
Baseline44 pts
− The belts are an engine-out job at $20,000 before anything is found-16 pts
− Corrosion at the front chassis rails, sills and grille strakes is a $22,500 finding-12 pts
− Australian classified data on this model is demonstrably mis-catalogued-8 pts
− No Australian transaction behind the value-18 pts
Sub-score (baseline plus drivers, clamped 0-100)0 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 2,500 km a year

Annual cost of access, excl. fuel
$19,000a year
Share of value per year
5.6%
Scheduled servicing$4,28023%
Tyres, annualised$2,91015%
Registration and CTP$2,28012%
Insurance$5,42029%
Sinking fund (failure table)$4,11022%
All-in annualised (a different number)
Purchase (model value plus duty)$353,600
Running costs × 5 years$95,000
Median exit, net of selling cost$318,588
All-in annualised over 5 years$26,002/yr
Share of value per year7.6%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
6.3%a year, only to get the money back
This library projects
-0.8%a year
The projection falls 7.0 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$340,000
Stamp duty$13,600
Running costs x 5 years$95,000
Selling cost at exit, 2.6% of the salescales with price
Sale price needed at +5 years$460,575
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine4.9L NA flat twelve
Power / torque291 kW / 490 Nm
0-100 km/h5.5 s
Transmission5sp manual
DriveRWD
Kerb weight1,660 kg
Built worldwide7,177
Delivered to AustraliaNot established
Effective AU survivors70
Australian sales / year6
Typical days on market150 days
Launch priceNot established

What moves the price on this model

Colour hierarchy
Original paint, unresprayed+7%
Rosso Corsa, and most of them were+4%
Resprayed, or a colour change from the build sheet-9%
Options
Early monospecchio car with the single high mirror and flag wheels+45%
Recent engine-out major service with receipts+13%
A documented history with a specialist who will still take the car on+8%
Odometer sensitivity±1.9% per 10,000 km vs 45,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$327,428
-3.7% on today
The model's figure. Today it is $340,000.
Even odds it lands between $254,346 and $418,575.
$188,488 lowhigh $500,712
The shaded range is even money and 65% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A weaker five year outlook than 72% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: -$12,572 across five years.
Running costs over the same period: $95,000.
Duty and expected selling costs: $22,440.
Net cost of five years of ownership: $130,010, or $26,002 a year.
The projected value fall is added to the running cost. Depreciation is the larger number here.

The case for and against

The case for

The most recognisable car Ferrari has ever built, and the early monospecchio examples have been pulling away from the rest for five years. It bottomed in 2016 to 2017, has already been through a boom and a correction, and has been stable since.

The case against

The cambelts come out with the engine at $14,000 to $26,000 and few Australian workshops will take the job on, so the specialist is part of the price. The only local listings anyone can point to are two flat-twelves catalogued as a model that did not exist in the years claimed for them.

Known faults and risks

Risk 1Engine-out major service, and a short list of workshops willing to do it
Risk 2Corrosion at the front chassis rails, sills and around the rear grille strakes
Risk 3Perished fuel lines and K-Jetronic components are a fire risk on a neglected car
Corrosion at front chassis rails, sills and around the rear grille strakes$22,500
Engine-out major service overdue$20,000
Cracked or leaking exhaust manifolds and heat-damaged engine-bay wiring$10,000
Clutch, engine out$9,500
Suspension bushes, dampers and ride-height sag$8,500
Perished fuel lines and K-Jetronic components - a genuine fire risk on neglected cars$6,000

Similar cars, and what they cost to run

Evidence behind this valueResearched · 0 recorded sales
Carried value
$340,000
Historical price
2016 · $357,0002026 · $340,000
Researched
An external source, but no itemised transactions. Indicative only.
The only Australian numbers available on this car describe a car that cannot exist

Autotrader and CarsGuide were carrying a 1989 F512 M at $690,990 and a 1988 F512 M at $389,888 in August 2026. The F512 M was built from 1994 to 1996. Those listings are either Testarossas with the model field entered wrongly or F512 Ms with the year entered wrongly, and until somebody inspects the actual cars there is no way to know which. Neither is used here and neither should be used anywhere. That two mis-catalogued advertisements are the entire local price record for Ferrari's most famous shape is the honest state of the evidence in this segment.

Read the rest of the evidence notes (4 more)
The 1989 line cuts this model in half, and it cuts it the unusual way round

The early monospecchio cars - single high mirror, flag centre-lock wheels - are both the valuable ones and the freely importable ones. The later twin-mirror cars are the ordinary ones and they are the ones Australia cannot top up. So local supply is elastic exactly where the money is, which compresses the premium at the top of the range and widens it at the bottom. The figure here is a later twin-mirror car; the ceiling on this record is an exceptional monospecchio, and the distance between them is variant, not condition.

The service is the largest of any car in this tranche

The belts are an engine-out job at $14,000 to $26,000 depending on what turns up, and so few Australian workshops will take it on that the availability of a competent specialist is itself a pricing input. A car with a recent engine-out major and receipts commands $35,000 to $50,000 over one with an unknown belt history, which is well above what the job costs - the buyer is pricing what an engine-out reveals, not the labour.

Inspect the fuel lines first

Aged K-Jetronic components and perished lines are a genuine fire risk on a neglected flat-twelve, and $6,000 spent there is the cheapest money on the car.

The shape of the market

Bottomed 2016 to 2017, ran hard through the 2021-22 boom, softened about ten per cent across 2023 and 2024 and has stabilised, with the early cars outperforming. Seven thousand one hundred and seventy-seven were built, which is not rare, and the price is being set by which of them a car is rather than by how many exist.

What we will not sell you
We will not price a Ferrari Testarossa against an advertisement.

No Australian transaction stands behind this value. A spec-adjusted figure built on it would look precise and would not be, so the report is refused instead of sold with a caveat. That goes for this car and 87 others. Everything above is free and stays free.

Read a real listing report
Watch this model
Told when the next one is called.

One line of email when this desk publishes a call on a Ferrari Testarossa, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.

Free. One address, one model, and no account.