Ebay Mondial of the Week | FerrariChat

Ebay Mondial of the Week

Discussion in 'Mondial' started by soucorp, Oct 12, 2014.

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  1. soucorp

    soucorp F1 Rookie

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    #1 soucorp, Oct 12, 2014
    Last edited by a moderator: Sep 7, 2017
  2. PV Dirk

    PV Dirk F1 Veteran

    Jul 26, 2009
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    Interesting body side molding. Keeps the door dings at bay. She's a driver.
     
  3. billh1963

    billh1963 Formula Junior
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    Apr 28, 2004
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    Service was 50 miles and a few years ago? Wonder why it was only driven 50 miles in that time?
     
  4. 2cam

    2cam Formula Junior

    Aug 28, 2014
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    OK, I'm seriously considering this one. It's not the 3.2 Coupe that I would really like, but it looks solid and doesn't have a sunroof (which I like). I talked with the owner and here are a few of the details:

    -Current owner has had the car since 1998 - bought from a Vineyard owner in California.
    -He has no records on the car prior to his ownership.
    -He doesn't have EPA/DOT papers on the car but it has been registered in both California and Louisiana in the past 15 years.
    -T-belts were done 7-8 years ago. Local mechanic - not a Ferrari specialist. No documentation on the work done, but receipts can be provided (the owner still uses the same mechanic). 150 miles or so since that time.
    -All fluids replaced 2 years ago. Driven 25 miles since.
    -New factory muffler a few years ago.
    -10 plus year old Michelin TRXs
    -Original paint and interior in nice shape.
    -No accident history.
    -No fluid leaks.
    -Runs and drives well. No strange noises, good power, smooth clutch, no grinding through the gears.
    -Needs hood/hatch struts.
    -Speedometer in MPH/ODO registering in KPH.
    -No sunroof! :)
    -No known electrical issues - the fusebox was gone through by Ferrari of Jackson, MS when he first bought the car.
    -Slow windows.

    As the saying goes, "There's nothing more expensive than a cheap Ferrari...". At a minimum it would need the belts to be gone through immediately and a new set of tires. With a $17K entry point, it sounds like it could quickly escalate into the price range of other Mondials that are up to date on their services and ready to go.

    Thoughts from Team Mondi?

    Thanks!

    2cam
     
  5. billh1963

    billh1963 Formula Junior
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    A QV is a great car...no reason to not consider it.

    TRX tires will cost a small fortune. Your best bet it to find a set of 3.2 wheels unless you really like the TRX tires/rims.

    You are right that timing belts/tensioners will need to be redone. I think I've read on here that sitting is worse on the belts than driving them.

    I think if you can get into this one for under $15K you will be okay! That being said, a solid car with no paint accident history is a rare bird.

    It's funny how we look at these cars and say that they should sell for much more and then quote low prices. Here we are looking at a running and driving Ferrari that looks nice and I just said you should get it for $15K or under...I'm guilty for holding prices down as well!
     
  6. 19633500GT

    19633500GT F1 World Champ
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    #6 19633500GT, Oct 13, 2014
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  7. soucorp

    soucorp F1 Rookie

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    #7 soucorp, Oct 13, 2014
    Last edited: Oct 13, 2014
    2cam, if you are serious, you should subscribe to the forum, then populate your profile.
    If I were you, I would buy a plane ticket to drop by and see the car personally, a few hundred dollars in airfare is alot less than thousands loss in a bad car bought sight unseen. I've done it for some of my cars and it has always worked out for piece of mind.

    Second, get a PPI by a recommended mechanic, it won't find everything but it should get most of the issues to be sorted out if any. If everything checks out, its okay to ask for a discount even though $17k imo is a great deal for this low mileage iconic car. The QV front look has grown on me thru the years and especially in coupe form, love it.

    Besides the old tires to be replace in time, for piece of mind, drive the car the way it is, just don't push it hard, and schedule the cambelts & tensioners to be replaced by a competent mechanic to follow. Like I've said before, the belts are not gonna disintegrate just by sitting for 7 years with only 150 miles of usage. When I did replaced my cambelts, they looked like it could have gone another 5 years, no joke, but I replaced them anyway. Things to worry about are leaks of fluids, oils, engine running stable, over heating, lights on dash, brake pads, window motors, electricals -interior lights, exterior lights, headlights, flashers etc. From the description, it really does sound like a great car in great condition. My $.02

    Best in your decision
     
  8. billh1963

    billh1963 Formula Junior
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    I do like the look of the rim and tire...but, for less money you can run better tires on new rims.

    I just bought new Michelin Pilot Sports for my Mondial 3.2...$584 including shipping for a set of four. An excellent tire and there is still $1500 left over compared to the cost of those TRX's!
     
  9. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    #9 AlfistaPortoghese, Oct 13, 2014
    Last edited: Oct 13, 2014
    When I first had a look at the price tag, I thought to myself "gotta be a stolen car" or that it had been involved in a nasty crash. Heck, sell it for parts and I'd bet you'd get more than you paid for. 17.000USD for a Ferrari isn't selling it. Put a ribbon around it. It's giving it away.

    Now I do understand the reason behind such an obscenely low price tag. You said it all: there's nothing more expensive than a cheap Ferrari. The downside is that that Mondial will require a lot of attention from the second you buy it. The upside is that at that price, you have a lot of room to work with, financially speaking. And by the looks of it, you'll need it. Another upside is that upon buying it, you can perform a major and be sure about all the work carried out instead of buying a recently serviced car, serviced by John Doe somewhere (assuming you're not buying a car with a complete service history).

    With no pre-1998 records, your guess is as good as mine. All in all, a car whose past is a mystery, hasn't been serviced at the correct times and by qualified people, and a car that barely moves (25 miles in 2 years?! Seriously?!)... I'd run away from it and never look back. Not only by the risk it poses, but because there are Mondials on sale right now (although not at that price tag I'll give you that) that are in better shape. The extra $$$ buys you peace of mind.

    Kind regards,

    Nuno.
     
  10. gsfent

    gsfent Formula 3

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    Some of those savings will need to go to new (used) wheels. Lots of 16 inch Mondial wheels available. But even after wheels, there should be money left over!!

    Regards,
    Jerry
     
  11. 19633500GT

    19633500GT F1 World Champ
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    I have $2,123.47 left over :) because that was the previous owner's receipt, and he only managed 350 miles on the TRX's since they were mounted!

    Back to the OP though. I would be cautious, but not overly cautious, like said above, the belts wont just *poof* with such little use. They may need an adjustment or two, but what car doesn't? Offer him $16,000, PPI it, ship it for $1,000, and there you have it...A nice Ferrari for $17,000...
     
  12. billh1963

    billh1963 Formula Junior
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    Nuno is correct...

    But, let's look at the other side of the argument.

    Let's say you look at this car and it really is solid, no smoke at startup, good compression and no electrical issues. The drive reveals a nice shifting transmission, a solid ride, good brakes, and a feeling of confidence. If that's the case, you really should consider the car.

    Tires can easily be addressed as well as major service. Even if you have $25K in the car and drive it for 5 years have you really lost anything compared to the joy of driving a Ferrari?
     
  13. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    There's no arguing with Bill here.

    The only way to counteract the information put forward (which I find worrying and potentially troublesome), is by conducting a thorough PPI, performed by a Ferrari specialist, imho.

    Even so, if you are a bit of a purist and/or like tons of maintenance papers/stamps with that fantastic Ferrari logo from scheduled maintenance day one (like I do), you'd still have food for thought.

    Kind regards,

    Nuno.
     
  14. 2cam

    2cam Formula Junior

    Aug 28, 2014
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    Thanks everyone for your input.

    Mike, you're correct. I do need to subscribe and add additional personal info. I'll get on it.

    As for this car, it's about 5 hours away from Austin (but about 30 minutes from my in-laws). However, I can put together a business trip/in-law visit along with the Mondial lookse.The biggest challenge with a PPI on the car is that the closest, competent Ferrari specialist or dealership is at least 3 hours away in any direction.

    2cam
     
  15. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    Bummer. I tried googling "Maryland Ferrari Expert" but came out with only one result: A Mr.Ron Spangler's Linkedin profile:

    BALTIMORE, MARYLAND.
    OWNER at SPANGLER CONSULTING LTD
    FERRARI EXPERT AND PRIVATE COLLECTIONS HOST at PBS TELEVISION MOTOR WEEK SHOW.

    Cheers,

    Nuno.
     
  16. soucorp

    soucorp F1 Rookie

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    #16 soucorp, Oct 13, 2014
    Last edited by a moderator: Sep 7, 2017
    This year, I bought 2 project cars and towed it back home.
    I drove 3 hours to pickup my Smart car and 3 hours back, all done in one Saturday. The Fiat spider was a little closer but same deal. If you have an SUV with a tow, even better. Reserve a car transporter at U-Haul for $70 a day and you are all set. Really its not as hard as you think if you are willing.

    Cheers,
    Mike
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  17. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    I'm sorry for the information entered above. Tried a different search and came up with a few results:

    Competizione and Sports Cars - Contemporary, Race and Vintage Ferrari Maintenance and Service Specialists

    Baltimores Premier Facility for service of Maserati Ferrari Lamborghini Alfa Romeo

    I'm in no way affiliated with the companies listed above. Maybe they do PPIs and/or can spare a mechanic at a pre-arranged fee.

    Mike has solved your transportation worries spot on. Having a Ferrari specialist close to the car's location is very important. I'm fortunate enough to have within 30 minutes of my house and he has told me that distance costs a fortune.

    Kind regards,

    Nuno.
     
  18. soucorp

    soucorp F1 Rookie

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    #18 soucorp, Oct 13, 2014
    Last edited: Oct 13, 2014
    Hi Nuno, I think he's in Austin Texas, along ways from Maryland, LoL.
    Never the less, if it was in MD, see Fernando at (competizionecars.com) they are best!!!
     
  19. 2cam

    2cam Formula Junior

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    #19 2cam, Oct 13, 2014
    Last edited: Oct 13, 2014
    Thanks Nuno. The car is actually in Shreveport, LA. Baltimore would be a LONG drive. :)

    Yep, I have a Land Cruiser and a trailer that would make it easy to get it back home. BTW, that's a cool 850 that you have there!

    Actually it looks like it may now be a non-issue. The car is no longer listed.

    2cam
     
  20. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    Ups. Sorry Mike and everyone, my bad. My apologies.

    It's just that I've clicked on the ebay link and it reads:

    "Item location: Mount Airy, Maryland, United States".

    I assumed 2cam was looking for a Ferrari specialist near the vehicle's location. But there you go, the price one pays for not having english as his mother tongue: looking for specialists in Maryland when 2cam needs a specialist in LA! Lol. I was trying to be helpful but made a mess. I'm sorry!

    Cheers,

    Nuno.
     
  21. soucorp

    soucorp F1 Rookie

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    #21 soucorp, Oct 13, 2014
    Last edited by a moderator: Sep 7, 2017
    Sorry about the Mondi, looks like someone bought it already! That was a fantastic price!
    Thanks, the 850 is my slow progressing project. Just redid the interior and gauges + tires. Need to work on engine tune-up, a fuel leak, and off to paint she goes. Here is the end result that I am going for.

    Best
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  22. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    That's sad news. I'm sure that you'll have a Mondial sitting in your garage sooner rather than later! Considering the price he was asking, it was always going to be a quick sell. Hope that Mondial ended up finding a nice home.

    Any other Mondials on your radar, 2cam?

    Kindest regards,

    Nuno.
     
  23. 2cam

    2cam Formula Junior

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    That's a good looking 850! I remember seeing a comment years ago that there was very little difference between a running 850 and one that wasn't. :) I had a Renault Caravelle that was very similar in configuration to the 850s.

    Thanks again Nuno. I don't feel too heart-broken about the Mondi. If the car had been a 3.2 Coupe, it may have been different. There isn't a specific car in my sights at the moment, but I'm checking multiple sources every day and have reached out to a couple of current Coupe owners to see what shakes loose. There isn't any hurry - just waiting for the right car to come along.

    Best Regards,

    2cam
     
  24. jjmalez

    jjmalez F1 Veteran
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  25. AlfistaPortoghese

    AlfistaPortoghese Moderator
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    I'm still mesmerized at Mondial prices in the US.

    The Mondial jjmalez posted, assuming all the info put forward by the seller is true, would fetch some 35.000€ give or take in my country imho (50% more than in the US).

    I'm also surprised by how fast these Mondials are being sold. You gotta be fast to pull the triger on one of these!

    Best regards,

    Nuno.
     

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