The 512 TR, an update of Ferrari’s famed Testarossa, brought about a host of welcome enhancements to keep the company’s iconic mid-engine, 12-cylinder supercar competitive against Lamborghini’s new Diablo. It was introduced at the 1992 Los Angeles Auto Show and was markedly improved over earlier models, as its interior had been given numerous updates to improve driver and passenger comfort, with the most notable changes being to the seats and steering wheel. Outside, the nose received a mild facelift to aid aerodynamics, while the majority of the iconic design remained largely unchanged.

Underneath the still gorgeous styling, the 512 TR gained 38 additional horsepower, thanks to a more efficient exhaust system and the adoption of Nikasil cylinder liners. Ferrari engineers focused on increasing the car’s overall drivability by installing quicker steering, a single-plate clutch coupled with a smoother gearbox, and larger cross-drilled disc brakes. Top speed was increased to 195 mph, just shy of the F40’s incredible 201 mph, though at a fraction of the price.

The 512 TR offered here, chassis number 96191, is featured in the unusual and elegant color scheme of Rosso Corsa with a Bianco interior and at the time of cataloguing had been driven 11,608 miles. It was sold new by Aristocrat Motor Company of Shawnee Mission, Kansas, in the same colors in which it is finished today, as noted by the photocopy of the original window sticker that is on file. It later made its way through collections in Oregon and New York before joining the stable of its present East Coast owners.

An RM Sotheby’s specialist who recently examined the car notes that it is in near-perfect condition and looks like a brand-new car, with virtually no imperfections. It is accompanied by a clean CARFAX report, as well as by service records detailing major engine-out services in 2005 at 10,372 miles and in 2013 at 11,473 miles; during the former, all belts, seals, and gaskets were replaced, with the timing and pulley tensioner belts replaced, and any sticky plastic parts refinished during the latter. Photographs of the 2005 service accompany the car on CD as well, along with the original tool kit and case, jack and case, and manuals in leather folio.

An excellent low-mileage 512 TR in wonderful colors, this is a great addition to any gathering of awesome modern Ferraris. As this model increasingly becomes more and more desirable, it is sure to rise in value.