Ferrari Testarossa F512 M

1994 to 1996 · Coupe · 501 built

A 1994 Ferrari Testarossa F512 M cost $220,000 new. Across every sale we have on file, 33 have sold publicly at a median of $510,000. The Shifty Estimate for a well-kept example is $535,500. Across the sales we have on file, prices ran from $223,500 to $912,500, depending on mileage, color, and history.

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Shifty Estimate
$535,500
Medium confidence · $434K to $616K
Median · all time
$510,000
Sales · all time
33
Market cap
$268.3M · 501 built
Original MSRP
$220,000Up 143% since new

The market

Every recorded 1994 Ferrari Testarossa F512 M sale, by date and price
Jun 2026 · Bring a Trailer
$375,000 · 10,563 mi · Red
See this car
$400k$600k$800kAug 20182020202120222023202420252026SHIFTY ESTIMATE $536k
Sold Bid to, not sold
32 sales · 6 unsoldmedian $510kupdated Jun 2026

Community

Latest results

The newest 1994 Ferrari Testarossa F512 M sales with photographs
1994 Ferrari Testarossa F512 M, sold Sep 2025

Sold $541,000

1995 · Red · 21,127 mi
Sep 10, 2025 · Bring a Trailer
1994 Ferrari Testarossa F512 M, sold Aug 2025

Sold $912,500

1995 · Giallo Modena (102)
Aug 16, 2025 · RM Sotheby's
1994 Ferrari Testarossa F512 M, sold Jun 2025

Sold $510,000

1995 · Black · 28,000 mi
Jun 30, 2025 · Bring a Trailer
1994 Ferrari Testarossa F512 M, sold Jun 2025

Sold $550,000

1995 · Red · 4,350 mi
Jun 18, 2025 · Bring a Trailer
1994 Ferrari Testarossa F512 M, sold Jun 2025

Sold $565,000

1995 · Red · 6,214 mi
Jun 6, 2025 · Bring a Trailer
Also in the Testarossa family

Specifications

Engine
Flat-12, 4.9L
Power
440 hp
Torque
369 lb-ft
0 to 60
4.7 s
Top speed
196 mph
Transmission
Manual
Drivetrain
RWD
Curb weight
3,527 lb
Production
501 built
Original MSRP
$220,000
Designer
Pininfarina

Common questions

How much does a Ferrari Testarossa F512 M cost?

A 1994 Ferrari Testarossa F512 M cost $220,000 new. Across every sale we have on file, 33 have sold publicly at a median of $510,000. The Shifty Estimate for a well-kept example is $535,500. Across the sales we have on file, prices ran from $223,500 to $912,500, depending on mileage, color, and history.

What is a 1994 Ferrari Testarossa F512 M worth today?

The Shifty Estimate is $535,500. We rate confidence medium: 33 public sales in a year is a thin market, and the spread between them is wide.

Is a Ferrari Testarossa F512 M a good investment?

It has appreciated 143% against its $220,000 list price. Only 501 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $223,500 to $912,500, and mileage explains most of that.

What is the most expensive Ferrari Testarossa F512 M sold?

The highest public sale on file is $912,500, on Aug 16, 2025.

What has a Ferrari Testarossa F512 M sold for at auction?

The 3 most recent public sales we have on file:

  • $375,000Jun 8, 2026Red · 10,563 mi
  • $541,000Sep 10, 2025Red · 21,127 mi
  • $912,500Aug 16, 2025Giallo Modena (102)

About the 1994 Ferrari Testarossa F512 M

The F512 M represents the ultimate evolution of Ferrari's flat-12 lineage, with just 501 examples marking the end of an era. Producing 440 horsepower, it was the most powerful and refined of the Testarossa family, featuring exposed headlights, a redesigned nose, and improved aerodynamics. The 'M' designation honored Ferrari's return to Formula 1 glory, while Pininfarina's subtle styling updates created a more aggressive, purposeful appearance. At $220,000 new, it was expensive even by Ferrari standards, but that exclusivity now drives its collectibility. The F512 M represents the last naturally aspirated flat-12 Ferrari, making it a significant milestone car. With production numbers rivaling modern limited editions, clean examples command serious money as collectors recognize this as the final chapter of one of Ferrari's greatest engine architectures.

Sales and listings

Showing 20 of 38 on file

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