✦ Shifty Estimate
$568,100
- 12 months median
- $541K
- Market cap
- $284.6M · 501 built
- Sales, 12 months
- 3
- Original MSRP
- $220,000 · ▲ 158% since
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1994 Ferrari Testarossa F512 M
1994 to 1996 · Coupe · 501 built
Price history
Recent sales
More sales on file
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Specifications
- Engine
- Flat-12, 4.9L
- Power
- 440 hp
- Torque
- 369 lb-ft
- 0 to 60
- 4.7s
- Top speed
- 196 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Curb weight
- 3,527 lb
- Production
- 501 units
- 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. Over the past 12 months, 3 have sold publicly at a median of $541,000. The Shifty Estimate for a well-kept example is $568,100. Cars have changed hands anywhere from $482,885 to $653,315, depending on mileage, color, and history.
What is a 1994 Ferrari Testarossa F512 M worth today?
The Shifty Estimate is $568,100. We rate confidence medium: 3 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 158% 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 $308,750 to $912,500, and mileage explains most of that.
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 · 17,000 mi
- $541,000Sep 10, 2025Red · 34,000 mi
- $912,500Aug 16, 2025Giallo Modena (102)
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.