Misallocation

1989 Ferrari Testarossa

Sold at Mecum Auctions on Jan. 17, 2026, offered with no reserve.

$687,500Confirmed

The price as reported by the house. Hammer price $625,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1989
Make and model
Ferrari Testarossa, 512 TR and F512 M
Generation
Testarossa
Version
Testarossa (base)
Gearbox
Manual
VIN
ZFFSG17A3K0082223
Condition
Concours (1)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Above the middle half of 66 comparable sales, 194% over its top.

Middle half of sales$140,000 to $212,750
Median$164,500
Sales behind it66Likely

From 66 sales of the Ferrari Testarossa, 512 TR and F512 M Testarossa (base) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $140,000 and $212,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1989 Ferrari TestarossaMecum, Aug. 15, 2026MecumAug. 15, 2026$475,000
1989 Ferrari TestarossaBring a Trailer, Jan. 12, 2026Bring a TrailerJan. 12, 2026$235,000
1989 Ferrari TestarossaMecum, Nov. 1, 2025MecumNov. 1, 2025$180,000
1989 Ferrari TestarossaBring a Trailer, Oct. 30, 2025Bring a TrailerOct. 30, 2025$149,000
1989 Ferrari TestarossaBring a Trailer, June 19, 2025Bring a TrailerJune 19, 2025$167,000
1989 Ferrari TestarossaBring a Trailer, Dec. 18, 2024Bring a TrailerDec. 18, 2024$136,000
1988 Ferrari TestarossaBring a Trailer, Nov. 4, 2026Bring a TrailerNov. 4, 2026$176,000
1990 Ferrari TestarossaBring a Trailer, Oct. 6, 2026Bring a TrailerOct. 6, 2026$177,000