Rare Toy Ferrari Sells for Thousands

Rare Toy Ferrari Sells for Thousands

'98 Ferrari F355If you have always dreamed of owning a Ferrari, but could never afford one, consider buying a toy version of your favorite Italian classic. On the other hand, that option might be too pricey as well. A rare toy recently sold for well over $100,000 at auction, according to a story in the Globe and Mail.

'99 Ferrari F355The toy Ferrari sold at the Art of the Automobile auction at Sotheby’s auction house in New York. The toy car is one of the rarest of all Ferraris, although it is also one of the least powerful and the tiniest of all models. The toy car is a 180 Testarossa and is sized for a child to sit in and handle. The model that sold recently was one of just five remaining in the world. Only 25 were made and sold originally.

It is a near-perfect replica of the 250 Testarossa of 1958, one of Ferrari’s most famous racing cars. The original was powered by a V12 engine and produced 300 horsepower. It also won the 24 Hours of Le Mans in 1958. The kid version can be driven thanks to its 12-volt, 180-watt (the origin of the toy’s name) electric motor that produce 0.3 horsepower. It may not compare to the real thing, but for kids and Ferrari collectors alike, this toy is a true prize.

1989 Ferrari TestarossaThe sale price for the Testarossa 180, which was over $126,000, was much higher than expected. According to pre-auction estimates, the toy was expected to be worth between $50,000 and $70,000. Both the rarity of the toy Ferrari, and its pristine condition were contributing factors to the high sale price. If you missed out on this particular toy, you may still be able to find an electric or pedal car to add to your collection. Many car companies offer these scaled down toys for both kids and those that are still kids at heart.

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Rare Toy Ferrari Sells for ThousandsRare Toy Ferrari Sells for ThousandsFebruary 23, 2016
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If you have always dreamed of owning a Ferrari, but could never afford one, consider buying a toy version of your favorite Italian classic.If you have always dreamed of owning a Ferrari, but could never afford one, consider buying a toy version of your favorite Italian classic.

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