Is a Testarossa a good investment? What other classic cars in that price range should I consider?

through taste and knowledge, you will learn to weed out future classics from the shitboxes of tomorrow

>future classics
like the kia stinger?

the new flat plane Shelby GT350 is a surefire hit, or a Porsche 911R

LC500, friend

Are you looking for modern 2005+ cars, or 1990+ what? Whats your price, what do you like?

For an every day man's modern supercar, I would definitely get a GT350R, GT-R, Alfa Romeo C4/C8, hell even a Corvette ZL1. The problem is these are all $100k+ cars.

Alternatively, I'd also love a restomod 1954 Ford Pickup. A barn-find chassis restored with a TT Coyote engine.

With enough money you can buy and do anything. If you're on a budget, your options are limited and with cars, you should expect to lose at least 50% of that money (even if you don't). Its why I suggest you find a car you like and will enjoy.

honestly we're in a golden age of automotive investments. i don't care what anyone says

599 GTB Fiorano with a 6-speed stick 799,000 asking price
dupontregistry.com/autos/listing/2007/ferrari/599--gtb--fiorano/1698117

2006 Ford GT 299,000
dupontregistry.com/autos/listing/2006/ford/gt/1740719

Porsche 911R 399,000
dupontregistry.com/autos/listing/2016/porsche/911--r/1667850

Ferrari LaFerrari 3,700,000

of course not every single little sports car is going to be skyrocketing in value, but there is a huge surge in the pricing of rare sports cars since people are trading them like commodities nowadays.

>since people are trading them like commodities nowadays
What happens when that stops? When the billionaires stop seeing them as investment vehicles (pun not intended) and that $3.7mil Ferrari turns into a $1mil pretty car? Also, those are asking prices and sometimes after they go to auction they get a fraction of asking, and the seller pays exorbitant fees just to auction it.

>of course not every single cryptocurrency is going to be skyrocketing in value, but there is a huge surge in the pricing of bitcoin since people are trading them like commodities nowadays.

See the analogy? OP isn't some futures wizard on the price of expensive cars and won't know exactly what to buy or when to sell. If you suggested he buy a really expensive car that he can never drive because it'll "probably" go up in value, I'd say that increase in value isn't infinite and he's likely to lose his shirt over it. You can't look at a specific car, know it'll increase 300% over the next 20 years, and have a plan to sell it. That just doesn't exist for any car out there.

A good condition E30 M3 only increase in value each year. 20 years ago they were $15k now they are $40k-$60k

invest in stocks instead.

And you think that's just going up forever in perpetuity?