Russ are you talking about the blue car that had the engine rebuilt by Brian Crall? Did this happen before or after it was auctioned on BaT?
This is the car I think Russ speaks of? Ferrari Mondial | eBay $30K OBO: 1983 Ferrari Quattrovalvole Driver | Bring a Trailer It was on eBay back in 2015 for 19,000 1983 Ferrari Mondial QV According to the description, as Russ said - he bought it and on the way home - ka-boom! Here's the $64,000 boys... do you think *this* buyer did a PPI? hmm.... Anyways, even with the quoted 15K in engine work - the final tally is 19+15 = 34K. He sold it for 30K - so the 2nd owner got to own the car for a grand total of 4K...and is now fully sorted by the acclaimed Brian Crall. Shocking!
I recieved a call last week from a friend who's relative has a 1983 Mondial coupe they want to sell. It was purchased new and driven by one of the family members who passed away several years ago. Very little miles have been put on since then but it was driven up until last year. The battery is currently dead and I did not attempt to start it, although they wanted to as to prove it runs well. Supposedly the car was regularly serviced by one Ferrari mechanic its entire life. I was told they had a folder with all the service records but it was misplaced upon the owners death. They are looking for them now however based on the condition I believe the history to be true. It has approximately 70,000 miles and overall is in very good condition. I am not familiar with the value of these cars and wanted some advice and input here. They were asking $30k which is way too high. Based on this limited info and no photos any input as to what people think it may be worth would be helpful. I'm looking for a car I can take to work on occasion and to car shows. No more than 1,500-2,500 miles a year as I have other classics I drive too. To be safe I would assume it will need a major service...speaking of which how much should I budget for that too? Any input would be greatly appreciated. RAS
Depends on whether you want to be a nice guy/optimist or a cynic. NICE GUY: One owner car driven and serviced regularly, with service history and in need of major (every 3-5 years depending how hard it was driven), I would put the value at $25K minus the cost to rectify any defects revealed at a PPI, other than need for major. CYNIC The missing service history negatively influences the resale value, even if their story is true. The fact that it's not running makes it a project car: 70K miles is a lot of miles on a Ferrari, most things are going to be worn out including all the rubber parts, some of the electronics, the starter, waterpump, belts, window motors, leather, and maybe tires. If it has not been driven for a year, the clutch may be stuck to the flywheel. Offer them $15K. You will spend $4-6K on a major depends on who does it and how far they go.
Russ, I'm impressed with your last post. I was ready to read some bad mouth wording to a potential Mondial owner. But I totally agree with what you said, I think you're spot on. Personally I would stick to the cynic option.
The car was last driven regularly in 2013. Sounds like $20-$25k is a premium retail price, even if the body, paint an interior are in great shape. Will definitely use a service to be safe. Anymore thoughts?
Red and Black Mondial 8, advertised with less than 19,000 miles. VIN decodes to 1981 ZFFAD08A6B0037435 Ferrari Mondial | eBay Should I mention that black leather interiors don't photograph very well. . Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Hi RAS, I generally agree with Russ as well on this one. However, I'd value a QV coupe a bit higher than $20-25k. Hagerty puts a "fair" condition car at $18k, a "good" car at $25k and an excellent car at $31k. https://www.hagerty.com/apps/valuationtools/1983-Ferrari-Mondial-Quattrovalvole Assuming they can get it to start, I'd say offer $20k but be prepared to jump up to $25k. If they can't get it to start then yeah, offer $15k but I'd go up to $18k. 70k miles doesn't scare me at all. Things do wear out and you'll likely need to replace a few things, but that can be as much due to aging from time as wear from miles. Hassle them to find those service records. Since the car's been sitting whatever's been done probably doesn't matter to you anyway, but it would be good to have them for your records. Good luck!
and is running and driving strong. I wouldn't be too concerned about the 70K miles. Personally, I think a car that is driven frequently will be more reliable than one that has sat for a majority of it's life. These are fairly simple cars. Not much more complex than any comparable car of the mid-80s. If you are handy with a wrench, then these cars are fairly easy to work on. If you are not a DIYer, and/or have a limited budget, I'd think twice. While they are rather simple cars, and easy to work on, if you have to pay someone (especially Ferrari), the costs could mount rather quickly. A good example is when my alternator died. A quick check with Ferrari for a replacement - $2K. Ricambi was about the same. My adult son and I pulled it out (about 2 hours) and had a local generator/alternator shop rebuild it for $110. Spent about another hour putting it back in. My cost was 3 hours and $110 bucks. You can only imagine what Ferrari would have cost. Back to this car which has sat for 3 years. I'd first take a very, very close look at the fuel lines -- before you try to start it. These cars are known for deteriorating fuel lines, and there have been some fires. Sid
1986 Ferrari Mondial QV 3.2 coupe for Auction - Anglia Car Auctions This one went for £25k + auction premium. Ok thats quite a good price for a sorted black coupe, but with the £ low thats $33k or 29k. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
+1. I agree these cars can be driven over 100k miles without disintegrating into dust. That said the market favors lower miles across every brand. Its a fact. Same model, same condition. Lower miles Trumps higher miles.
I was in Fort Lauderdale yesterday for a meeting and essentially drove right past it. Just no time to stop... Too bad because I have a soft spot for the 8, only this one has my least favorite color combo.
1986 FERRARI 3.2 MONDIAL COUPE | eBay RHD sunroof coupe in resale red, VGC, £24k bargain IMO I posted this a while back it was £29k then, Autumn pricing! Image Unavailable, Please Login
This looks like Yelot's Mondial that he recently sold. I thought his was a 1993. Is this a 1992 build, but MY1993? Ferrari Mondial T | eBay
My "buyer" flaked (go figure) Still looking for a new home for her. $24,101.00 https://www.ebay.com/itm/122160016836
Something very wrong with the stance of this car ... anyone know it? Branson Auto Auction - The Branson Auction The Branson Auction Branson Auto Auction - The Branson Auction | service to the collector for 38 years and BTW the auctioneer does not seem to know the difference between a T and a 3.2
