Do you have a Mondial for me? | Page 2 | FerrariChat

Do you have a Mondial for me?

Discussion in 'Ad Archives' started by DDD, May 8, 2015.

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  1. rob

    rob F1 Rookie

    May 22, 2002
    4,265
    Vt
    Mondial the last "affordable" Ferrari good luck guys!
     
  2. DDD

    DDD Formula Junior

    Aug 7, 2011
    371
    Full Name:
    Domenic
    Yes, I saw it and it is very nice but more than double my budget. I know it is rare but $75K? At that price your competing with 360s, 355s, and a 550M.
     
  3. plugzit

    plugzit F1 Veteran
    Silver Subscribed

    Dec 1, 2004
    7,768
    Redondo Beach, CA
    Full Name:
    Bruce Bogart
    I'm in touch with a black/crema t cab. Recent major. Low forties, but not high thirties. PM me if you'd like info.
     
  4. hank sound

    hank sound F1 Veteran

    Jan 31, 2004
    5,953
    Burbank, CA
    Full Name:
    Hank Garfield
    Hi DDD,

    What the price of any Mondial, is competing with, is not of any consequence (any more). If you think $75K is high for this car, just sit back and watch, as the rest of the show unfolds.

    Cheers,

    Hank
     
  5. gsfent

    gsfent Formula 3

    Nov 16, 2009
    1,101
    PB County, Florida
    Full Name:
    Jerry
    I think it a much better car/value than either of the V8's you mention. Whether it is worth $75k today will be determined by the marketplace. There are only 18 of these babies, so if you want a Valeo, not a whole lot of options.

    The 550 is a very different animal and I don't think you can find a decent one today for $75k, at least not in a 3 pedal manual. 12 months ago would have been easy and 24 months ago, that money would have bought a creampuff.

    The market can go either way, but right now it is headed up. Even at todays (seemingly inflated) prices, I bet you wouldn't lose anything to depreciation going forward (absent some major economic turmoil that we just witnessed from 2009-2012).

    Good luck on the quest.

    Regards,
    Jerry
     
  6. sidtx

    sidtx F1 Rookie
    Owner

    Feb 9, 2014
    4,454
    Frisco, Tx
    Full Name:
    Sid
    Not saying everyone will have this experience, but it might help with a decision. Affordable Ferrari is an interesting concept. However, if you go into with your eyes open, the costs can be manageable. Especially if you can do some of the work yourself. The Mondial 8, QV, and 3.2 are fairly simple (mechanically) cars and fairly easy to work on.

    I purchased an 85 QV coupe in Jan, Took possession first week of Feb. I've tried to drive it every weekend since. Not always possible due to weather. Even so, I've put over 1000 miles on it since purchase. The car had 65K miles on it when purchased. Everything was original, except the tires and wheels. It's in good condition, not perfect. What I would call a 10-footer. Interior is tired looking (no tears, rips or sags) and will benefit from a redye.

    My car had the belts done in 2012. I plan on doing the belts in 2 years (which would be a 5 year schedule).

    The car is a blast to drive. It handles amazing (except at slow speed in a parking lot). Sounds amazing. It seems to draw a lot of positive attention.

    I'm listing my costs. Maybe it will help you with budgeting. All figures are USD.

    Purchase 25,000
    Shipping 1,250
    Taxes 1,500
    Travel Expenses to go look at car (pre-purchase) 500 (hotel, rental car, etc.)
    Total to get car home 28,250 USD


    Repairs since Jan. We do our own work, except where an expert is required (i.e. Alternator Rebuild).

    Hood, trunk, and engine lift strut replacement ~100
    Oil and Trans fluid change ~150
    Fuel Line Replacement ~100
    Alternator Rebuild ~130 ***This was the worst failure so far
    SunRoof Fix (in progress) ~100
    Cold Start Valve ~100
    A/C Recharge ~100
    New Battery ~150
    Misc (cleaners, wipers blades, etc) ~100
    Total repairs so far ~980.00 USD

    Still to come expenses

    Belt Change in 2016 or 2017 ~1500
    A/C Compressor Rebuild/exchange ~1000 (it works, but makes chattering noise)
    Interior Re-Dye ~500 (I'm going to try Leatherique)
    New Tires ~1000 (They have about 1 year life left in them)
    Total known future expenses ~4000 USD


    So, to summarize at the six month point, I've got about 29K USD in my car. Of that, only about $1000 was repairs. And keep in mind we do most of our own work. If you aren't the DIY type, the work would probably cost 4x what we have so far.

    I didn't buy the car as an investment. It was a lifelong dream to own a Ferrari - especially one that I and my 27YO son can work on. I don't ever plan to sell the car. I'm going to drive and enjoy the car through my retirement years. Maybe in a couple of years I'll have her repainted - although she doesn't really need it.

    Everyone will have a different experience. But so far (knock on wood), my experience has been great, and easily within my budget expectations.

    Sid
     
  7. tr512

    tr512 Formula 3

    Apr 12, 2007
    1,600
    canada burnaby bc
    Full Name:
    Michael
    I dont know why the Guys in the states are not all over this car thats like 29k usd and the car only has 39k km or 25k miles rare being white.
     
  8. Wade

    Wade Three Time F1 World Champ
    Owner

    Mar 31, 2006
    32,793
    East Central, FL
    Full Name:
    Wade O.
    If I were looking... I'd be all over that one! Super rare color combo!

    See post #93 (except all of you Mondial guys; seen it already. ;) )

    http://www.ferrarichat.com/forum/mondial/488697-mondial-s-sale-5.html
     
  9. DDD

    DDD Formula Junior

    Aug 7, 2011
    371
    Full Name:
    Domenic
    The car had some items I was not comfortable with so I passed on purchase.
     
  10. DDD

    DDD Formula Junior

    Aug 7, 2011
    371
    Full Name:
    Domenic
    Sid, Thanking you for sharing and being open and honest. I look forward to the same experience, the challenge is finding the right one at a fair price.
     
  11. DDD

    DDD Formula Junior

    Aug 7, 2011
    371
    Full Name:
    Domenic
    I have expanded my search to include late model QVs. Though I am still interested I am discovering that the T parts are a lot more expensive than the 3.2 and QVs.
     
  12. efinn

    efinn Rookie

    May 25, 2010
    42
    Stamping Ground, KY
    Full Name:
    Eric
    I have recently decided to part with our 1988 Mondial 3.2 Coupe. It is black with a gray/black Interior.45k miles. I have owned it since 2010. The car is in good mechanical condition and the exterior and interior are still quite nice. The vehicle is a fine example of a 3.2qv. It runs well and has no drive train issues. That said it is due a belt change and the A/C needs attention. I'm asking 28000. I had the vehicle at the Keeneland auto shoe paddock today and received many compliments on its appearance and condition. Contact information 859-576-0788 or [email protected]. would be happy to discuss with you.
     
  13. Valenzo

    Valenzo F1 Veteran

    Dec 4, 2010
    5,069
    IL & NC
    Full Name:
    Ted
    If Tman PM'd you with an opportunity to purchase his (id be shocked) than thats the best Mindial coupe i have ever seen, sat in and drove. Its spectacular but then again, im not sure thats what he PM'd you for. But if so, and its under 100k, jump on it. Mines better ;), but its not for sale.
     
  14. TMan

    TMan Formula Junior

    May 13, 2006
    385
    Colorful Colorado
    Full Name:
    Steve
    That's what I PM'd him Ted. Hope all is well.
     
  15. Valenzo

    Valenzo F1 Veteran

    Dec 4, 2010
    5,069
    IL & NC
    Full Name:
    Ted
    Truly shocked. I hope you're only considering north of 70. I'll call you this week.
     
  16. Raconteur

    Raconteur F1 Rookie
    Silver Subscribed

    Jan 19, 2015
    4,002
    Portlandia, OR
    Full Name:
    Frank
    The following ad on Craigslist here in Portland, OR. I have no connection to the seller/car/etc. Ran across this and thought I'd share. Price appears reasonable and car looks to be in good condition, sans higher mileage (71k). GLWSearch.

    Racing Red with Tan interior, I've owned this great car for 15 years and it's been maintained by the same mechanic. All history available, including the original window sticker.

    So many updated/new items:
    • New top from original factory material
    • New windshield from Italy
    • New Catalytic converter -- 50 miles on it.
    • Upgraded to 328 wheels with Pirelli P-Zero tires (255/45 ZR 17 -- no more metric tires)
    • Engine completely overhauled at 55,000 miles:
    - new valves, seats, guides, timing chain, timing belts, gaskets, water pipe, oil, hoses, clutch disc, rear main seal, injectors, fuel distributor, flywheel, throw out & pilot bearings, ignition coil, air & oil filters, O2 senor, spark plugs and wires.
    • Engine work at 68,000 miles:
    - RR drive belts (air, alt, water pump), top fluids, RR trans pan, shift seals and oil (5 speed)
    • Alpine flat touch screen CD/stereo and speakers

    Approximately 72K miles, all Ferrari mechanical parts.

    Cash only!

    Here's the ad link...

    1986 Ferrari Mondial QV 3.2 Cabriolet
     
  17. kevinkw

    kevinkw Karting

    Apr 19, 2009
    115
    Seattle, WA
    Full Name:
    Kevin
    I'm also looking for a 3.2 Mondial, preferably a coupe. I'm ok with higher miles (60 or 70k miles), as long as it has been properly maintained.
     
  18. rob

    rob F1 Rookie

    May 22, 2002
    4,265
    Vt
  19. davemqv

    davemqv F1 Rookie

    Aug 28, 2014
    3,163
    USA
    Full Name:
    Dave
    Hi Sid,
    I just bought an '83 Mondial QV coupe. Picking it up in a month and I'll post pics then. I was laughing to myself reading your post because the costs you list so far are cheaper than what I've been putting into a '95 Merc e320 wagon this last year! I hope your experience extends my way as well. The key will be finding a good independent shop, I think. I had a Mondial QV cab back in the 90's that I co-owned with my Dad, which was a cool way to do it. We only took it to the dealer once, for an air filter change - $1200 bucks! I couldn't believe it. After that we went independent!
     

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