Comparing the 308 GT4 with the Mondial Coupe

Slap four webers on your Mondial and you may get $33k for it. Ducking for cover.

 

I've got Webers on my 3.2, and I have standing offers higher than that.

I'd say 3.2's and T's will routinely see asking prices of $60k+. I'm already seeing examples.

 

I'm hoping that it is a bubble. I sold my mondial coupe because I wanted to get into a 308 and unfortunately couldn't afford to keep 2 Ferraris but now with the price rise they are out of my league. I'm surprised the Mondial's haven't risen they are the only F cars left that you can buy for under 30k. I'm noticing the 355's are spiking up in price maybe the 348 and Mondials will be next.

 

Hi Wade!

Are you sure about those production numbers? I think there were nearly a thousand 1986 Mondials produced? And the Mondials are about half what the two seaters go for. So I do not expect any big change in either that ratio or the general cost. After all, the 3xx Ferraris are, I believe, the most prolific of any Ferrari model run.

 

We all know that asking prices are different then selling prices.

 

Would anyone sell their conditon 1, Mondial Coupe for $28k? I didnt think so...and therefore, is this data a true indicator of their value?

 

If you WOULD be willing to sell your condition 1 Mondi Coupe for $28K, definitely PM me.

Mondials will definitely continue to increase in value. I think what will slow their rise is the availability of comparable Ferrari substitutes at specific price points. If 348s, 355s, and 360s don't increase significantly in value, then my thought is that many potential buyers would probably opt for one of these other cars instead of a Mondial if there isn't much of a price delta.

One could argue that the 308 GT4 has exceeded the value of these other cars and they're still being purchased. However, I believe that the price appreciation that they've seen is primarily driven by the vintage of the GT4 and the lack of other lower-cost Ferrari substitutes from that era.

2cam

 

Yes but repeated examples of asking prices over $40k plus higher sales prices in Europe suggest to me that we're about to see Mondial prices climb. Maybe the vintage F car bubble bursts in the next 6 months or maybe not, who knows.

Here's a 3.2 with a $69k asking price. http://m.cars.com/vehicledetail/#vdp?listingId=628523931 High in my opinion, but I found five examples of Mondials around the country last week with asking prices over $40k.

 

The 308s and 400s are such different cars (other than both being Ferraris). Can they really be compared as substitutes for one another? But yes, I believe you're right about the GT4s being pulled along by the values of the overall 308 market. I'm of the opinion that if the price delta between comparable condition GT4s and 2-seat 308s is small enough, most buyers would opt for the 2-seat cars. I believe that the same principle applies to the Mondial versus 328s/348s/355s/360s.

There are exceptions of course. My personal interest in the Mondial hinges on two primary factors - 1. I like the styling of the Mondial Coupes, and 2. they have 4 seats so the kids can go along for rides. The lower price point is just a bonus.

2cam

 

400's have gone up in value also I don't think you can get a decent driver for under 30 anymore.

 

I think there's a couple of things going on here in regard to the 308Gt4.

1. The vintage is probably the biggest component of the price jump.
2. It has a 308 in the name. As a lot of people jump into the Ferrari game, they see the high desirability of the 3x8 2 seaters. I think that helps the GT4s as they also carry a 308 tag. Just imagine what the cars might go for if it was called a "Daytona Gt4" instead of "308 GT4".

I think that if the Ferrari market (in general) holds or continues to climb, we will see the Mondials also climb. The Mondials are great, fantastic values.

I also think the 400s are going to start climbing. I'm thinking of adding a 400a (automatic) to my garage (the wife cant/wont drive a manual). So, because I usually mistime purchases pretty badly - I'm expecting the 400s to skyrocket - just before I find the one for me.

Sid

 

One of these was for sale when I bought my 3.2 for about the same price. In some ways its a more interesting car since very very few were manufactured and they are classic front engine rear drive V-12. However, the one for sale was an automatic. As a second Ferrari even that would be OK since it uses a GM tranny so that would be cheap. And front engine rear drive is theoretically easier to work on.

Does anyone know the handling characteristics? I think it would be cool to show up at the Ingles and fill the trunk with groceries. On the otherhand I did the same thing today with The Contessa and had a guy come over to talk and said she made him smile. He has several old MGs. Plus I got two separate thumbs up going home. One from a guy in a Nissan Z350. Oh yeah. A guy at one of the beer stops said it was a good looking car! When your right your right!


The Z-350 guy pulled off the road and gave me a thumbs up and I gave him a thumbs up plus 7,000 rpms. Good times had by all. I doubt he knows he could take me. Certainly 7,000 rpms is like most people around here have never heard before.

 

Have owned both. Everything is going up. In the last yr prices have risen dramatically in the Ferrari world. Mondials are not immune to this.

 

There is no comparison. The GT4 will eclipse even the 308 in value including fiberglass cars.
This is not only a Ferrari but also a freaking Dino.

 

30 years a go, a Dino wasn't even considered a Ferrari....Times sure have changed!!

Regards,
Jerry