Beginning 1992, Ferrari had updated their seven year old Testarossa. Ferrari replaced the Testarossa model name with 512 TR. 18 inch 5 spaoke Speedline wheels replaced the previous 16 inch wheels. Visually, Pininfarina provided some much-needed exterior updating. the front air dam/bumper was redesigned to match the more modern looks of the 348, as well as the rear decklid. The torsional rigidity of the chassis was increased 13% over the previous generation Testarossa. Also, the engine and transaxle was mounted lower in the chassis. The ride height was lowered slightly as well. This all added up to improved handling. Other more subtle details came in the form of color matched rocker panels, smoke-tinted taillight clusters, and a chromed Cavallino Rampante at the rear. The rear valance received a color matched bumper. For the interior, the seat stitching pattern was a different design and wer mounted 13cm lower to increase cabin space, and Pininfarina fitted a more contemporary dash and center console. Engine wise, displacement remained at 4943cc. However, through extensive redesigning of the 512 Tr engine internal pieces, 38 additional horsepower was unleashed for a total of 428 bhp at 6750rpm. The more notable changes were block castings, reshaped cylinder heads, more modern Bosch Motronic M2.7 engine management control unit, and an increase in compression from 9.2 to 10.1:1. The extra 38 horsepower allowed the 512 TR to run from 0-60 in just 4.9 seconds, and top speed rose from 180 to 190mph. By late 1994, 2280 512's were completed by Ferrari. In 1992, the sticker price hovered around $225,000. Today (2006), clean, low mileage examples typicallysell for somewhere in the vicinity of $100,000. It seems that the $100,000 level is the benchmark for the 512 TR, since these cars have been selling very close to this figure for the past 6 years. The 512 TR (and 512 M) is the last of the Testarossa series, and also the most refined of the series. Therefore, this makes the 512 TR a better purchase for those who can stretch their budget by another $40,000 over a Testarossa. However, keep in mind that the Testarossa/512 TR series is also one of the most expensive Ferraris to service, since the entire engine/transaxle/rear suspension assembly must be removed for the 30,000 mile service. The cost of such a service ca run in the vicinity of $5500 to $6500 (2006 dollars). Parts and service are expensive for these cars because after all these are $200,000+ machines even though they have depreciated. It's unfortunate for the owners of these automobiles, but the parts and service do not depreciate with the car. When seeking out a 512 Tr to purchase, it pays off to do your homework on the vehicle. Read road reports, talk to owners, talk to service technicians, etc.. Make sure the vehicle was serviced at the proper maintenance intervals (or sooner) by a qualified technician. Purchasing the vehicle from a fanatical owner is also a big plus.