Possible 3.2 purchase - no service history | FerrariChat

Possible 3.2 purchase - no service history

Discussion in 'Mondial' started by chrismic, Nov 27, 2014.

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  1. chrismic

    chrismic Formula Junior

    Jan 7, 2012
    272
    Hi everyone

    so, mostly because of opportunity, I'm considering buying a 85 3.2 Coupe as the next best thing to a 575/TR/328/308 which I all love and dream about, but which are realistically not practical for me in the near future as I have young kids and enjoy road-tripping with the family.

    I have come to really appreciate the design and technical aspects of the Mondial, it has grown a lot on me over the past year or two. I prefer the front and rear design of the QV over the 3.2, but the latter is the more complete car, of course.

    The car that is available now has 100k km on the clock, is in excellent overall condition, original and comes in one of my preferred colour combos. BUT: it does NOT have any service records, owner manuals and only one set of keys (and I think it is also missing the original radio...by the way, what was the original radio of the 85 3.2?)

    Why opportunity? Because coincidentally my trusted F specialist mechanic (who works on my 456M GT) has worked on this car over the past 2 years, including engine and break rebuild and major service. I'm now in the process of thinking about an offer.

    Apologies for the long intro, my two questions are:

    1) I'm trying to determine the financial value of service history and the other small bits on a 3.2 Mondial. It's not a big issue for me personally, but it does affect value, of course. Now we're not speaking Daytona, Lusso, 275 etc or more recent F cars....but rather about a cheap (in comparison) Mondial....what do people think are a complete service history, set of keys, manuals, radio worth on these cars (in EUR or USD)?

    2) Maybe dumb question, but is there a colour difference between white and crema interior? Or to put it differently, did the cars come in both colours? A friend's car has crema leather, but it seems darker than the one I'm looking at now.

    cheers
    Chris
     
  2. jimpo1

    jimpo1 Two Time F1 World Champ
    Owner Silver Subscribed

    Jul 30, 2001
    24,532
    Dallas, TX
    Full Name:
    Jim E
    It sounds to me like it has 2 years of service records and they're a LOT more important than service from 25 years ago. Recent belts are more important than anything else.
     
  3. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    #3 Wade, Nov 27, 2014
    Last edited: Nov 27, 2014
    Or, if the car passes muster just get the full service completed afterwards. This will establish the baseline for you.

    For me, having all of the service records is certainly a "nice to have", along with the extra keys, manuals, etc. but they weren't required. On the flip side, if you're interested in the concourse circuit then having it all would probably help.
     
  4. srephwed

    srephwed F1 Veteran
    Silver Subscribed

    Apr 29, 2012
    6,470
    street,md
    Full Name:
    fred brown
    Not that I don't trust anyone but I don't trust anyone. Service records to me would have to be from reliable traceable sources. the beauty in any mondial, 308, 328 is that a major service of clutch, timing belts and many other things is easily done by even a hillbilly like me. If I had to put belts and clutch in my car again I am confident I could do it in an 8 hour day. Good luck to you. Owning ANY Ferrari is as good as it gets!
     
  5. YELO T

    YELO T Formula 3

    Jul 2, 2012
    1,193
    Long Island, NY
    Full Name:
    Jonathan
    Buying any car with 100k on the odometer is a risk. Buying a Mondial with limited parts availability and exhorbitant parts and labor prices is a HUGE risk. Even if this car was well maintained, the mileage is too high.

    There are many good Mondials for sale out there with half the mileage at rock bottom prices.
     
  6. soucorp

    soucorp F1 Rookie

    Sep 20, 2011
    4,814
    Old Dominion
    Full Name:
    Mike
    #6 soucorp, Nov 28, 2014
    Last edited: Nov 28, 2014
    I believe he said 100k kilometers which is 62k miles so I think mileage is not the issue, but recent services and maybe what the mechanic recommends from a PPI will help determine cost towards purchase price.
    And yes, these cars came with crema interiors and more of a tan crema color.
    Best
     
  7. Todd308TR

    Todd308TR F1 World Champ

    Nov 25, 2010
    11,071
    LA
    Full Name:
    Todd
    YOUR mechanic has worked on it the past two years, then what's the problem???
     
  8. chrismic

    chrismic Formula Junior

    Jan 7, 2012
    272
    Thanks everyone. To confirm, 100.000 is in km not miles.

    Todd and others: no problem, I think it is a good car! And the fact that my mechanic has worked on it over the past 2 years is the major consideration for the purchase. My first question was simply related to trying determine a financial value for the 'flaws'

    Mike: by tan crema, do you mean cuio? Unfortunately I don't have a photo at the moment, but it seemed to me that the leather colour of 'my' car was lighter than the (already light) crema....ie. it is almost white...
     
  9. soucorp

    soucorp F1 Rookie

    Sep 20, 2011
    4,814
    Old Dominion
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    Mike
    #9 soucorp, Nov 28, 2014
    Last edited by a moderator: Sep 7, 2017
    I know that I've seen multiple crema colors, some light, some darker more of a tan or beige but never have I seen an all white interior. However, Ferrari did offer a light gray interior on some Mondials as well, depending on the lighting, they all look different. Here are some photos...

    Cheers
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  10. chrismic

    chrismic Formula Junior

    Jan 7, 2012
    272
    many thanks Mike - yes, I was thinking about the differences in pic 1 and 3...1 looks more white and 3 traditional crema...'mine' is more along pic 1....
     
  11. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Lifetime Rossa

    Mar 18, 2014
    3,778
    Europe, but not by much.
    Full Name:
    Nuno
    There are two major red flags as other members correctly pointed out: no service history and high mileage. Through the VIN you should discover something regarding its past. If you don't, it increases suspicion. A PPI is of the utmost importance in any case, with increased importance due to the two major factors identified. There are still a couple of Mondials for sale nowadays that may offer you more peace of mind, so I think they're worth a visit.

    Kind regards,

    Nuno.
     
  12. Blackandbluedino

    Apr 16, 2013
    125
    Newport News VA
    Full Name:
    Thomas Gonnella
    Buying any used car, Toyota or Ferrari is a crap shoot, I've been dealing with Alfas, Fiats, and Ferraris for 35 years as a hobbyist and I do all of my own work. If you know the mechanic I would touch base with him, I would expect they would have some record of the services they performed on the Ferrari.
    My suggestion is that if any car comes with maintenance records call the organization that performed the last service. It has been my experience that while they probably won't extend any type of warranty to the new owner they will discuss the current mechanical state of the vehicle and provide answers to most reasonable questions. None-the-less I would still change the timing belts on the Ferrari - unless the previous shop was extremely reputable - just for the peace of mind.
    If the car does not have records and assuming it runs, request the owner to run the car up to normal operating temperatures (do not drive it yourself) and observe things like the oil pressure and water temperature. If the car performs adequately you may adjust the price for the cost of the needed service(s) and proceed with your purchase or you can walk away. If the owner refuses to warm and operate the car, walk away, it's your money you can be as particular as you want when spending it...
    In the case of my gt4, I had some records back to the original sale of the car new in 1977 (it is a 1975) but they were of little use once I actually got into the mechanics of the car. Much of the work was poorly done, jury rigged, or accomplished by people who shouldn't be allowed near any car, much less a Ferrari. As I spent more time digging into the car I was able to repair, adjust and correct the problems turning the car into a reliable long distance high performance tourer. You will have to determine how much of this can or will be borne by you and how much will be borne by your wallet. Once the correct services have been performed and the fluids, belts, hoses, etc., changed all previous issues with condition should be resolved...
     
  13. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    29,546
    E ' ' '/ F
    Full Name:
    Trailer Swift
    The 3.2 is a solid motor. I have 115K miles on my 328, and the motor never has been opened. The last time I had it on a dyno it made more than factory numbers. Factor in the price of a major service, including new injectors and setting the valves, and go for it. These are stupid simple cars by today's standards. Take a CLOSE look at the cosmetics and for missing parts.

    Tool rolls and jacks are crazy expensive for what they are, make sure they are there. It not, and you think you're going to need them to sell it on, you're looking at additional costs.
     
  14. gsfent

    gsfent Formula 3

    Nov 16, 2009
    1,096
    PB County, Florida
    Full Name:
    Jerry
    I know everyone is trying to help, but I think you missed the first post.

    The main reason the OP is interested is because this car has been serviced by HIS mechanic for the current owner. So it seems that the mechanic is going to be intimately familiar with this car. Assuming it has been a few years, there has been a belt service. The mechanic can bring OP up to date on what service he has done for the current owner, and then figure out what it needs, and what issues remain. This does not seem to be a problem.

    As to "high mileage", only in Ferrari land is a 25 year plus car with 62,000 miles considered "high?. What is that, about 2500 miles per year? I know these cars need some extra care and feeding, but I think lack of use is the worst thing for a car like this.

    If the 3.2 checks out with the mechanic, then figure out a fair offer, knowing that every used car is going to need some $$$ to take care of issues, and then drive it!!

    Regards,
    Jerry
     
  15. uberlink

    uberlink Formula Junior

    Apr 23, 2012
    777
    Twin Cities, MN
    Full Name:
    Mark Johnson
    If the price is right, buy that sucker.
     
  16. soucorp

    soucorp F1 Rookie

    Sep 20, 2011
    4,814
    Old Dominion
    Full Name:
    Mike
    OP - you got any PICs of the car to show us, lets see!

    Cheers
     
  17. Rapalyea

    Rapalyea Formula 3

    Jun 18, 2013
    1,511
    Georgia Mountains US
    Full Name:
    David Rapalyea alias
    I agree with uberlink who wrote: "If the price is right, buy that sucker." My 1986 coupe had 44K and now has 52K miles. I use vigorously as a daily driver and it just kept running better and better with only two repairs. The first was probably my own fault when I replaced the hydraulics with cheap Alpha units. On a 90F day I was running 7500 rpm and scattered the clutch disc. Took both Alpha units with it. I speculate the weak Alpha units induced an hydraulic resonance and that was that. My local back woods mechanic charged me $2,000 to put in my parts.

    The second repair was a rebuilt NAPA starter for about $550 installed. And the car runs much better now then when purchased. Noticeably better starting and idle, and MUCH faster then when delivered. By my estimates from a local 'proxy' 1/4 mile run it is at least 5mph faster. Perhaps as much as 8.
     
  18. chrismic

    chrismic Formula Junior

    Jan 7, 2012
    272
    #18 chrismic, Nov 29, 2014
    Last edited by a moderator: Sep 7, 2017
    Here you go (I'm afraid I don't have any further ones at the moment).

    Thanks everyone for their input. I will make an offer and see how I go. Will keep you posted.

    cheers,
    C.
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  19. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    Ah, one of my favs! Looks great too.

    But keep in mind that it has TRX tires on it (metric wheels). If you're unfamiliar, do a search here in the Mondial forum, loads of great info.

    For example, my post from another thread:

     
  20. chrismic

    chrismic Formula Junior

    Jan 7, 2012
    272
    #20 chrismic, Nov 29, 2014
    Last edited: Nov 29, 2014

    Thanks Wade, familiar with TRX. The fitted ones are a year old...
    If I'm getting this or another one with metric wheels, I will consider getting replicas in 16 and modern tires
     
  21. soucorp

    soucorp F1 Rookie

    Sep 20, 2011
    4,814
    Old Dominion
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    Mike
    Great looking coupe! I don't think you can go wrong on making a bid for it !
    If it helps, you can use the Hagerty's classic car value, (Enter make=Ferrari, -skip model- Enter year of your car)
    http://www.hagerty.com/valuationtools/HVT/VehicleSearch

    Best
     
  22. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    Well, you're in luck because the 3.2 was offered in both 16" and 390mm and they look identical. The 16s come up on ebay from time to time.

    One year old TRXs? That says something to me; someone made an investment towards this car.
     
  23. chrismic

    chrismic Formula Junior

    Jan 7, 2012
    272
    Mike - how depressing to look at those Hagerty figures...the car is in Europe where values for Mondials are +30% minimum [car in question is an early one from 1985)

    Wade: apologies for a Mondial newbie question, but am I correct in undertanding that 328 ABS wheels fit on the Mondial? This seems to have been discussed quite a bit here - but has it ever been resolved?
     
  24. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
  25. milko1969

    milko1969 Formula 3

    Feb 21, 2012
    1,286
    Breda, Holland
    Full Name:
    Milko
    #25 milko1969, Nov 30, 2014
    Last edited by a moderator: Sep 7, 2017
    Excuse my language, but any car is as good as it last service! all those stories I have red are
    people who think that low milers are the best buy. Al those cars are not reguraly used and sufferd dry rubbers, gaskets and all kind of horrors. Drive your car at least every week is a lot better, my car has done 171.388 km,s ( and yes for al the fans: it has a full sevicehistory) the engine has never been opened, I have my second clutch an the gearbox is still strong.The car never leakes any oil, pulls strong and has absolutely no rust.
    So.................buy the damn thing!!!! they won't be this cheap for long, for all the pessimists:
    keep on dreaming, while we drive our Mondials with or without the service history.

    Mondial for ever!
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