Hi there: I am interested in a local 1988 Mondial 3.2, but I have no clue as to its value. Here is what I know about the car: - 1988 Mondial 3.2 coupe - color is some kind of maroon metallic, very unusual - mileage is 25K miles - no accidents - body and interior in nice condition - runs and drives well - needs major service (belts, etc.) My gut feeling is that this car would be a $22K-$25K car if the major service had been completed in the last 2 years or so. I have no idea what a major service will cost so I am looking for your input on that. My gut feeling would be 22K - cost of the major service, but of course I may be way off. Any thoughts would be appreciated! Thanks, Kay
If that car is Prugna, which sounds like what you are describing, and is in very good cosmetic and mechanical condition, but just needs a major, it should be a 30K plus car all day long. Finding good condition coupes these day is extremely difficult and prices are holding on the good ones.
Joe: Thank you for your prompt reply. I appreciate your input. Since I am new to Ferrari, how much would a major be for a Mondial, roughly? I have no idea if this is a 2K or a 10K job! I believe it can be done with the engine in the car, but that is about all I know. Thanks, Kay
Whew, You are asking me a loaded question. I have no idea if the car just needs belts and bearings (which would be roughly 2K more or less) or a full major service-- seals, waterpump, etc (5K) plus "while you are in there" stuff that could add another 5K or more to the service. The term Major service assumes these cars are brand new and all need the same thing. Its not the case as these cars are now getting up there in years and in need of different levels of maintenance from wheel bearings to fuel lines. Assume any car you look at is going to need 10K of work, and then you can be pleasantly surprised if it is less and mildly disappointed if it is more. Anyone who offers you any more specific advice on the costs of service is either very familiar with your car, has done a detailed pre-purchase inspection on your car, or has one killer crystal ball.
Joe: Thanks, your reply is very helpful. From my 2 vintage Porsches I own, I know the slippery slope and the "while you're in there symptom". It seems that to budget $5-10K for the first year will be prudent and then hope for the best. Thanks again, Kay
I agree with the should be value of $30K but, Kay, I think you're on target with 22 to 25. By the way, as Joe mentioned, Prugna: Image Unavailable, Please Login
Love that color so much. Just beautiful. If only a cab. If only a cab. Se la vie! My major, which was engine out (my choice as I had limited service records for my car at time of purchase), even though it didn't need to be, was closer to 10K. But that included extras like welding of rear suspection strut, fabrication of new bottom metal, and lots of new plumbing. I think the engine major component was around $5K itself IIRC.
I know, Jay - - Beautiful 90866 was responsible for me falling for a Mondial t. Image Unavailable, Please Login
I agree, although I am biased! As far as the major goes look at it this way it will be a minimum of 3k or more that's minimum, it's good to buy a car with records and to have a mechanic who knows these cars to check it out to see what has been done and will be needed to be done.
What a handsome color!!LOL Wiese, get a PPI done by a guy that knows Ferrari's. I did one a couple of years ago on a car I DIDN'T buy. Spent $500 to determine that while the car was in reasonably good shape, it was not the car for me. You can then get a reasonable budget in mind for work to be done. I mentally put away $3-5k immediately on for my car that was well sorted, but will need a "major" in 2-3 years. So far, no real expenses. If you tuck $250/mo away as a repair fund instead of a car payment, you will be in good shape when (notice I didn't say if) you need to get work done. Regards, Jerry
I prefer coupes every day of the week. What a color. It's beautiful. I love these posts because it helps me on my search. PPI will be a no-brainer for me. Sent from my iPad using Tapatalk HD
Some eye candy for you (courtesy of Michael B.) Regards, Jerry Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
OP, this must be the car you are thinking to buy? http://vancouver.canadianlisted.com/cars/classic-1988-ferrari-mondial-3-2-orig-miles-rare-color-28000-north-vancouver_2795613.html Image Unavailable, Please Login
Offer 23 cash, settle for 25-ish, toss some belts and bearings on it, and do regular mx from now on. It looks well cared for, so there should be few surprises. The belt and bearing job is about 4 hours for skilled, or 10 hours for noob. The color is - stunning. Only color I like better than red. If you fly me up from TX to do the major I'll have it done in a wknd, and you'll be good to go.
It's the angle that the photo was taken at. If you look extra closely, you'll see the hint of an angle at the back of the cheese grater (grill). Also, the T has only five horizontal vanes whereas this and all others, have six. Cheers, Hank
Arh... ok, I see it now. Thanks. Also I just counted the slats, the T has 3 slats, and the older ones have 4.
What a stunning car. Buy it! A proper major for a 3.2 should be around $5000.00 to $6000.00. Includes belts, tensioners, water pump, valve adjustment, all fluids plugs, filters, etc.... This is a rare car and it's awesome. Buy it!