The 1988 Ferrari Testarossa featured here is finished it is stunning original color combination of Nero over a beige Connolly leather interior. This spectacular example was sold new by The Sports Car Exchange in Dearborn, Michigan, in the summer of 1988 and has been meticulously maintained since. A highly original example displaying only 19,000 miles from new, this Testarossa was Ferrari Classiche Certified in 2016 documenting that all of its numbers matching components are still in place and that this Ferrari is largely as it was when it left the factory. A major engine out service was just performed 100 miles ago by Ferrari ensuring that this Testarossa performs as well as it presents. This is an excellent market opportunity to acquire a freshly serviced, low mileage, Classiche Certified Testarossa that will certainly bring years of enjoyment to its next caretaker. We are proud to offer this 1988 Testarossa to the most astute investor, collector or enthusiast who appreciates the appeal of this iconic Ferrari model. Ready to make an investment that you can actually enjoy? Classic cars have proven to be among the most resilient and rewarding investments in recent years with the Historic Automobile Group Index (HAGI) jumping 39% in 2013, 16% in 2014 and 17% in 2015 while posting gains of 467% over the last 10 years. Please contact one of our expert sales consultants for more information. They will be happy to give you a complete walk-around, supply you with a more detailed description and answer any questions you may have. Buy with confidence.
HISTORY OF THE FERRARI TESTAROSSA
The Ferrari Testarossa was developed beginning in the late 1970’s as a successor to the BB model. While Ferrari originally intended to give the 512BBi a subtle facelift, it soon became apparent that the model would no longer meet emission requirements in the U.S. and a completely new model needed to be developed. Ferrari turned to the research team at Pininfarina to design the new car. Heading the project was Leonardo Fioravanti, who previously designed the P5, P6 and the 365 GTB/4 “Daytona.” The name “Testarossa” (translated as “red head”) was named after a series of 1950’s racing cars that had red painted camshaft covers, a feature that Ferrari’s new Testarossa would inherit. The finished car was unveiled to the public during the 1984 Paris Motor Show at the famed Lido nightclub. With a 390 horsepower 5.0 liter flat-12 engine, the Testarossa was good for a 0-60 mph time of 5 seconds and pushed speeds of 180 mph. Its legendary performance and iconic Pininfarina lines spoke to a generation of enthusiasts, in part to making numerous appearances across all forms of media, including a starring role in the popular television show “Miami Vice” starring Don Johnson and Philip Michael Thomas.
Daniel Schmitt & Co. is located in beautiful and historic St. Louis, Missouri. Our dealership spans 4 acres, boasts 3 luxurious showrooms, a state-of-the-art service department, a world-class restoration facility, and is only minutes away from Lambert International Airport. While we offer our cars for online sale and auction, we do also encourage you to visit our beautiful classic car showroom!
Family owned and operated for over 50 years, we are a classic and luxury car gallery, committed to delivering some of the rarest, highest-quality classic cars, to customers worldwide. Throughout the years, our classic car dealership has built its reputation as one of the most trusted providers of classic cars to enthusiasts, collectors or investors. We offer truly unique and beautiful motorcars for sale.
As Daniel Schmitt & Co. reviews will attest, we focus on providing a world-class automobile shopping experience with thorough descriptions and detailed images - an absolute must in the digital age, when many of our classic and investment cars are sold online. Please feel free to contact us with any questions you may have.
We look forward to working with you!
High Retail: $164,100.00
High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does not represent a “100 Point” or “# 1” vehicle *.* “100 Point” or “# 1” vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concourse judging and car shows. This type of car would be stored in a climate-regulated facility.
Finance rates as low as 5.9%.
We know that classic car financing can pose a unique challenge. Although a vintage or exotic car can be an excellent investment, some financial institutions attempt to apply standard “used car” rules for financing a classic car, which in many cases can make loan approval difficult.
We work closely with many banking institutions that understand and recognize the collector value of classic cars and view them as an investment, which allows us to help you get the financing you need so that you can have the car you have dreamed of.
Terms available up to 144 Months
If you have any questions, feel free to contact us, (314)291-7000 or [email protected]
* Rates vary depending on year of car, length of term and credit score.
Warranty Available. Please inquire for more information.
Please note: Shipping costs are the responsibility of the buyer. The prices listed in our ads are only shipping estimates, not the actual cost. Shipping costs vary depending on vehicle size, fuel prices, and carrier type.
Vehicle may be sold by our dealership before the end of auction.
Daniel Schmitt & Company has described the above-mentioned vehicle to the best of our ability. However, as with all pre-owned automobiles, the condition is subjective, and we recommend that the potential buyer fly out to inspect, as well as test drive any of our vehicles before finalizing their purchase. If it is not feasible for you to personally perform an inspection, we will gladly help facilitate an inspection by an independent service center of your choice and will make delivery arrangements of the vehicle for this purpose. All vehicles are sold in “AS IS” condition. Extended warranty options are available on most vehicles. Please be advised that no verbal statements concerning any vehicle constitutes a representation or warranty of said vehicle. Our goal is to provide you with the best service and buying experience as possible. All purchases include an additional $385 processing fee which covers the processing of paperwork, pre-vehicle delivery costs, FedEx shipping fees, and a 30-day temporary registration plate so that the vehicle can be driven prior to the title transfer. (ATTENTION INTERNATIONAL BUYERS: Please be aware that you will be responsible for the Federal Reserve fee(s) charged for all incoming wires).
In regards to winning bidders and Buy It Now customers: All winning bidders and Buy It Now bidders are encouraged to fly out and personally inspect the vehicle. If you deem the vehicle is not as represented upon personal inspection, we will not only refund your deposit, but will also reimburse your airfare at the cost of a coach ticket. Feedback must be left at the time of delivery upon final inspection.
Pertaining to non-eBay winners: Anyone who has provided a deposit but whose purchase is still pending, please note that said vehicle will not be held and is subject to being sold at any time until all contingencies are removed and the purchase order is signed.
The advertised mileage represents the actual miles when the car was posted online. These vehicles are test-driven and actual mileage may vary at the time of sale.
All used vehicles should be assumed to have some degree of wear. We do not manufacture our product. Each vehicle’s brand has its strengths, styles, tendencies, and shortcomings. Despite our best efforts to verify a vehicle’s mechanical condition, we are not able to warranty a manufacturer’s workmanship or a previous owner’s diligence in care of said vehicle. Due to this reason, all vehicles are sold “AS IS”. There are no mechanical guarantees, expressed or implied.
Daniel Schmitt & Co. reserves the right to end the auction at any time.
Showroom Hours Monday - Friday: 8:30 AM - 5:00 PM Saturday: 9:00 AM - 3:00 PM (open until 5:00 by appointment) Sunday: Closed