1988 3.2 Mondial Coupe (Red/Tan)

I think the reason 912 prices have taken off is due to the fact that the pricing for early, SWB 911s has gone through the roof and taken the values of 912s with them. The 912 has historically been the lowest cost entry into longhood (especially SWB) ownership. As the number of affordable, early 911s has decreased, the demand for the 912 has increased while the supply has remained fairly fixed. Along the way, I believe people realized the 912 wasn't just a little brother to the 911, but a competent car on its own.

I believe the same thing is going to happen to the Mondial. As you mention above, they're all cool cars whether an 8, QV, 3.2, or T and people are slowly catching on. It may have been the entry level F Car (from a used market perspective) for many years, but I believe they'll be respected on their own merits before it's done.

2cam

 

In the financial world, they say "don't fight the tape" ... in the F car world, auctions are the tape. Recent BAT sales were sobering. It will be telling to see where this one ends up https://www.ebay.com/itm/1992-Ferrari-Mondial-MONDIAL-T/222681889446?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m1438.l2649

 

My experience is the same. I've taken my old girl to almost every local event that I could, in the past 3 years. Big shows (1000+ cars), small shows, cars and coffee, exclusive shows, Italian only shows, Mixed shows, European car shows. Everything under the sun. Never has there been any disrespect shown my Mondial. I've been parked on a lot with 20+ modern Ferraris and 20+ modern Lambos and 20+ Mclerans -- no disrespect from those owners. What's kinda funny is that at the larger shows, my Mondial is usually the only one there, so it's sort of unique in a sea of modern Italian and German exotics. At one C&C I was parked between a Mcleran P1 and a brand new 488 - no "special parking" section for Mondials. Lately, I've begun to see more Mondials come out to the shows. It's great seeing 3 or 4 Mondials show up. At one show, we almost had the entire range represented - an 8, my QV and a 3.2 were present.

I was new to the collector car scene 3 years ago, and I was somewhat tentative at first in going to my first show. I had read about the "slow" Mondial, the "not a real Ferrari" articles, etc. However, none of that showed up at the shows. What I got was a lot of interest and enthusiasm. Now, I really enjoy taking the old gal to every show that I have time for.

Sid

 

What are the bets on this one? Low to mid 30s? It's interesting that the seller mentions that they've sold HUNDREDS of Ferraris...

2cam

 

Couldn't have said it better myself my friend!

 

It's true, the Mondial could stay in the doldrums forever. No doubt about it.

Even more reason to drive em like you stole em, and not worry about 'miles' on er'

I've read too many owners worried and documenting every single mile for fear of depreciation. I feel blessed it's not something I have to be concerned about.

 

Driver seat has been redone incorrectly, passenger seat should have been, rear plastic on convertible top is faded, paint has blemishes, why is the engine wet?

These are my observations in 10 seconds of looking at the photographs. My guess: $38k

 

Just commenting on the water -- It appears that the car was either just washed, or photographed just after a rain.

You can see water dripping off of various body panels - small pools on the ground. In some of the closeups, you can see water droplets on the body panes.

Sid

 

and this one will test the opposite end of the spectrum .. https://www.ebay.com/itm/132369121067?ul_noapp=true however you bottom fishers, I wouldn't bid on this as it smells like a stolen car to me (who buys a running Ferrari, loses the title, and then lets it sit for 10 years? I mean you can get a replacement title for $50 .. and he states the car ran .. so what's the real reason he never registered it?)

 

The only feasible explanation is that the buyer had a fallout with the seller after getting a misrepresented car, lost the title, and was unable to get the seller to cooperate and apply for a duplicate/lost title. He didn't register the car because it was a basket case and had no paperwork other than the lost title to prove his ownership...If this were the case, it should be explained in the auction and since it isn't, I would stay far away!

 

He says he thought he was getting a mint car ... every Ebay ad has photos ... presumably the seat self destructed and the rusty ding on the rear end got there while the car was sitting in storage then? Or perhaps it was sitting in the sun and the weather until the time came to take the photos?

Anyway the NICB vin check comes back clean so perhaps there is another explanation. Like crashed valves?

 

Oooooh......Pretty Blue.............


Just kidding. However, if it doesn't go much over the current $1350, I might be interested. At that low amount, risking a title or stolen car issue doesn't bother me too much (although it might bother the wife a whole lot more)


There's no pics of the engine bay, so perhaps "not running" really means - no drivetrain?

Looks like a "fun" retirement project. Gonna keep my eye on it.

Sid

On the other hand, there's this beauty on bringatrailer: https://bringatrailer.com/listing/1972-fiat-130-3/

Decisions, decisions.......

 

I asked him for the name and contact info of the prior owner and he has not replied ... not even to say "I lost that information".

Anyway judging from your screen name SIDTX you are in TX and as you know TX is not amused by such stories. They require the title, no matter how old the car is.

 

Great question--what is the value? My '87 cab is hovering at 100K. She still drives beautifully.

I'd have a limited servicing with timing belts and fluid changes done at a local indy shop. Continue to drive it regularly--continuous Italian tuneup--and have a local body shop give you an estimate for bodywork.

It is, after all, just a car. And a local body shop may give you a better than expected price for the novelty of doing a Ferrari. Mine did after a minor mishap a few years back.

Who ever said, on their deathbed, they regretted putting too many miles on a Ferrari?

 

The red Ebay T cab one year since major sold for $34K ... establishes the top of the current market for nice drivers. There is another one, QV cab, on Ebay with Speedline wheels that is currently around $30K but has some days to run.