Undervalued Now, Profitable Later: Why This 512 TR Is the Move

Color: Nero over Nero

Mileage:20,522

Target Buy Range: $268,000–$275,000 (pre-fee)

3-Year Forecast: $295,000–$305,000 with proper stewardship

This 1993 Ferrari 512 TR presents a compelling acquisition opportunity within the analog Ferrari segment. It benefits from low mileage, a clean title, and a documented major service. While the vehicle carries a repaint on the right rear quarter, a five-owner history, and modest modifications including an aftermarket exhaust and fender shields, these factors have been accounted for in our valuation range. The prediction assumes the car remains under 26,000 miles and receives minor cosmetic refinement.

As outlined in our Ferrari 512 TR vs. 550 Barchetta investment analysis, the 512 TR is experiencing renewed collector focus. Comparable sales support this trajectory: a red/tan car with 23k miles achieved $291,000 in May 2025, and a black/tan example with 28k miles brought $295,000 in 2023. Given that context, this example, priced accordingly due to paintwork and history, offers strategic upside for the informed buyer.

Verdict: A well-positioned asset with room to appreciate.
Recommendation: Buy, hold, and preserve mileage. Return potential is strong over a 36-month horizon.