Sorry for the crazy translation - had to use Google Translate to convert to English Under the hammer: Mid Ranged Priced Ferrari by Vincent van der Vinne (1/31/2015) Whoever wants to buy a classic Ferrari convertible, must now have a lot of money. For example, the auction price of two million dollars for a 250 GT Cabriolet is not uncommon. Happily, This Ferrari Mondial T Cabriolet takes a lot less. This at the Artcurial auction on February 6th, Mondial T Cabriolet is a relatively young car. This Ferrari dates back to 1990. Due to the young age, it's more of a used Ferrari then a classic Ferrari. But as a Ferrari, it is quite affordable to buy. The auction house expects the Ferrari to for 30,000 to 35,000 euros ($35-$40 USD) The Mondial Cabriolet Artcurial is offering has been driven more than 40,000 miles. These cars are too cheap Ferrari made about 2,500 Mondial convertibles in total (spread over three series). One might think that the Mondial Cabriolet won't be an interesting car for the future. The car is a bit too cheap. The prestige of older, open Ferraris is very large. That obviously has to do with the production numbers. The now precious models usually had no more then 250 examples. However, the production figures don't determine everything. Jaguars For example, take the open Jaguars of the fifties. For example, say the XK140 and XK150 Drophead Coupe, respectively, nearly 2,800 and nearly 2,700 copies (in total Jaguar built more than 20,000 open cars on the XK chassis). Good ones cost at auctions soon three times a Ferrari Mondial Cabriolet. Never costly The gap in price "between the Jaguar and Ferrari Mondial Cabriolet is partly explained by the age. Though it will never be a very expensive Ferrari, it seems a matter of time that there is more interest in the Mondial Cabriolet will emerge, and that will increase its prices Image Unavailable, Please Login
Google is getting better at this translation thing. Anyway, Mondial Prices are down, not high. And take it from me. I know when to buy. But I never know when to sell. The thing with Mondials is you can actually buy a real, honest to goodness two fisted old school Ferrari for peanuts. How long that might last is anyones quess. But it is Ferrari's contribution to human history. If I sell my Mondial for what I paid for it that would simply mean another lucky person got a bite at history.
Yes, yes, YES. Very good point. Production numbers alone can't account for the ridiculous low prices Mondials are being sold. I'm thinking that if mileage and/or production numbers aren't to blame, it can only be related to desirability. No one wants a Mondial, when compared to other cars/Ferraris? I find that also very hard to believe. Maybe what would give Mondial prices a boost was a direct successor. A new, Marchionne built, "greener" and perhaps turbocharged modern interpretation of the Mondial. I mean, 355 prices are starting to go up due to the release of the new 488 GTB (engine downsizing, two turbos, lower CO2 emissions and less fuel consumption), and the 355 is reinforced as being a true no-nonse, proper Ferrari. Maybe that would help the Mondial. I just doubt it would be economically feasible to make nowadays (scale economics and all that) a 2+2 rear mid engined convertible for instance. Kind regards, Nuno.
I will admit I'm a hybrid of this statement. Well I did not buy my Mondial to turn around in the future and reap some huge investment, I am not wealthy enough to have bought it purely to drive and enjoy, there is still some sense in me that says if my car was worth $0, I'd be a bit frantic. Now, on the other hand, if it was worth $100,000 tomorrow, I'm not sure I'd sell it anyway, because then I'd have $100K, but no Ferrari, and right now, the Mondi fits my lifestyle
All I know is if the Mondial didn't have a relatively affordable price, I wouldn't be able to enjoy this brotherhood we share. I really LOVE the fraternity here. Owning a Ferrari is awesome for some many reasons, but having this tight-knit community to share in our mutual passion is awesome! I am privileged to know all of you, and really find this community one of the best. The other cool thing about Ferrari, is the F1 motorsports. Most sports have fans that don't have an 'intrinsic' vested interest in the team (well maybe if you have season tickets) -- but even then - the ebb and flow of a sports teams usually ensure you don't come out ahead financially if you sell some tickets long term..year...after year... Ferrari allows us to root for the team not only as a 'Fan' but as owners of the product...having the team do well improves the equity of the brand..and I argue adds just that much more (however little) mystique/value to our vehicles. I plan on owning my car for as long as I live and pass it down to my kids...there is not a bone in my body that says say 15-20 years from now the Mondial would not at worse case scenario keep up with inflation...what other investment provides you that sort of enjoyment now, and possible upside in the future? I can look at my stock certificates, but can't drive them...I can store my wine...but I eventually have to drink it and then it's gone...a Patek Phillip watch in the end still does not tell time any better than a Timex...as much as I love paintings...I can stare at the most HD scans of valuable works of art on any computer for free. Now a Ferrari? That's something you can use *today* AND *save* for the future...and no 30K car I've ever owned even matched the visceral thrill I get from that Maranello Symphony behind us!
I must confess I am with you. A couple of years ago I decided to find out about 'this Ferrari thing' and discoverred the Mondial was about half the price of the cramped 2 seat version. Nine thousand miles later it is still my primary transportation device. I am 67 years old and live in Ferrari Heaven [N. Georgia Mountains]. My favorite road is 12 miles long with about 70 turns. The cops are on the look-out for me so I now do the turns at less the 15 mph excess speed [that means no points against license if caught] . And frankly, plenty of them are fast enough doing the actual speed limit. And of course there are the secret, deserted, well paved and well enclosed places where I can really plant it and no one will ever know unless I hit the wall and need a tow. And that will never happen.
Ugh. I am not a sports fan but watched our Super Bowl Sunday. It reminded me why the hell I hate sports. As a kid my little 110 person four grade high school managed a competative basketball team. We were one game ahead going into the final game and much drama. So much so the final game was held in a local college court. THOUSANDS of spectators. Double overtime. My best buddy chokes on TWO un-contested separate bunny shots one in each of those two overtimes. I could not sleep three days! I have often wondered if his life was ruined. Anyway I am watching Super Bowl because it is a big national thing. And decide for the SeaHawks. And it is an interesting thing! The VERY Dominant Patriots keep getting pushed back by the WAY less dominant Sea Hawks. And then with six seconds left in the game my team [one meter] from winning score with two more tries throws an interception. Just shoot me. Everyone says one of the three best Super Bowls in history. Gag me with a spoon.
Me too Max, but I'm at the same time surprised and revolted at Mondial prices nonetheless. No valid arguments to support how overlooked this Ferrari is. Kind regards, Nuno.
I remember how just 5 short years ago, you couldn't even give one away! http://jalopnik.com/5440885/put-some-prance-in-your-pants-with-a-25900-ferrari-308-gt4
yes good old times. However in those days a Ferrari (could) became expensive right after you got it and no one told you . Referring to repairs/parts etc Most Ferrari owners are the last people being happy on the price increase. Even owners of Daytonas and GTOs, unless you sell. Just try to insure such a spinner even if you do not drive it let alone need a part. Last year someone needed an alu air intake. The price... This guy went nuts. Not sure if that is the way we want to go. Hail the 3D printer so I can print my own GTO Looking at myself.. my insurance went up 25% this year and for what? I'm insured for a bubble or the price that I bought it for if I would buy one now? I don't think so I have never seen insurances decrease afterwards when prices decrease.
