Mondial for Auction | FerrariChat

Mondial for Auction

Discussion in 'Mondial' started by paulchua, Dec 19, 2014.

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  1. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,096
    Menlo Park, CA
    Full Name:
    Paul Chua
    Ferrari Testarossa, Mondial, Alfa SZ up for auction at Race Retro | Evo

    "The next Ferrari is the highest-mileage of the Italian triumvirate, but still shows only 1180 miles on its odometer. Owned by the same person since new, and is estimated to sell for £50,000-£70,000 – strong money for a car that typically commands half that amount."

    £50,000-£70,000 = $78,000 - $109,000

    (at half that amount - $39,000-$54,000)
     
  2. Rapalyea

    Rapalyea Formula 3

    Jun 18, 2013
    1,511
    Georgia Mountains US
    Full Name:
    David Rapalyea alias
    Very interesting auction and collectors want low mileage cars so this will be an interesting outcome. Sort of like uncirculated coins. What is the best way to learn the closing price?
     
  3. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Lifetime Rossa

    Mar 18, 2014
    3,778
    Europe, but not by much.
    Full Name:
    Nuno
    Colectors and enthusiast owners. Apples and oranges. Collectors and enthusiasts are in direct opposition with one another. As rivals and enemies, so to speak.

    The only reason for that Mondial to be worth that kind of money is extremely low mileage, as if that would actually disclose how the car is. A car goes bad more rapidly and often when parked than when driven, so a collector's logic is actually contrary to reality. Why on Earth would one buy a Ferrari to drive little over 1.000 miles in almost 30 years?! Buy a painting!

    Like Top Gear's Jeremy Clarkson once said about something else (I'll adapt to the present situation): Buying a Mondial and leaving it in your garage is like watching a porn movie for its plot.

    Problem is these so called collectors start a new trend and impose a generally accepted stupid rule that cars that actually were driven (as intended!!!) are abused and thus worth much less. Buying a Ferrari and putting a bubble around it in a heated garage is the way to go? I'll never buy that. Literally. I wouldn't buy a car that wasn't driven. I can't imagine how much money it would take to make it roadworthy again. Shiny panels and plastics that were put in the car in Maranello back in the old days mean nothing to me. Engine does. Cylinders, hoses, clamps, valves. Enzo said he built engines, that he gave the car away for free as the engine has to go attached to a body.

    Buy it not to collect it, not as investment, nor to kill it by storing it away as if that would actually add value. Don't buy speculating how much you'll make in terms of profit. Drive and enjoy. Anything less and that's not what Enzo built them for. I wonder how he'd react today if he was still alive to these jackals who dent what the brand is all about.

    Kindest regards,

    Nuno.
     
  4. MvT

    MvT F1 Rookie

    May 25, 2013
    4,248
    The Netherlands - NH
    Full Name:
    Tijn
    I like Jim's aka Napolis quote on this ;)

    "Not putting miles on your Ferrari is like not having sex with your Girl Friend so she'll be more desirable to her next Boy Friend."
     
  5. paulchua

    paulchua Cat Herder
    Lifetime Rossa Owner

    Jul 1, 2013
    16,096
    Menlo Park, CA
    Full Name:
    Paul Chua
    &

    "Not putting miles on your Ferrari is like not having sex with your Girl Friend so she'll be more desirable to her next Boy Friend."

    HAHAHAHAHAHHA
     
  6. AlfistaPortoghese

    AlfistaPortoghese Moderator
    Lifetime Rossa

    Mar 18, 2014
    3,778
    Europe, but not by much.
    Full Name:
    Nuno
    That's even funnier, Paul! Hahaha. In any case, goes to show how pointless it is to use these cars not to drive them, but as a speculation instrument.

    Kind regards,

    Nuno.
     
  7. Rapalyea

    Rapalyea Formula 3

    Jun 18, 2013
    1,511
    Georgia Mountains US
    Full Name:
    David Rapalyea alias
    #7 Rapalyea, Dec 26, 2014
    Last edited by a moderator: Sep 7, 2017
    I am not sure 'collectors' and 'drivers' are in competion for the same vehicles. I would not want that paricualar vehicle if it were given to me under condition not to sell it the next day. But these various 'barn' finds are entertaining.

    My brother-in-law and his 'heavy equipment' restoration club [buldozers, dump trucks, graders etc] was given one of the most interesting barn find in my memory. It is a 1913 Buick that was parked in an actual barn in 1927.

    The same family owned the barn all this time and everyone knew the car had been sitting there since 1927. It was no secret. A couple of years ago they gave it to my brother-in-law's club who moved it to their facility. The only two things they did before trying to start it was to drop the pan and scrape out the gunk and have the carb rebuilt.

    The most remarkable thing in my estimation is the engine was not siezed. I assume they used something to spray up into the engine from below (WD-40?) prior to an actual start. I also believe this car has an actual oil pump so perhaps they cranked it some ahead of time. They primed it with fuel and it started and ran perfect once they got the carb properly reset. The damdest thing I ever heard of.

    Never so much as removed a rod or either of the two heads

    Here is a photo (I hope) of getting the acetaline light working. I helped them hunt down a period correct carbide canister which are, more or less, still available for small welding units.
    Image Unavailable, Please Login
     
  8. Rapalyea

    Rapalyea Formula 3

    Jun 18, 2013
    1,511
    Georgia Mountains US
    Full Name:
    David Rapalyea alias

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