Ferrari Mailing List: Re: 1985 Mondial

[Rick Lindsay (rolindsay]

I agree with Dennis.  I wouldn't go further than $8k
or so though.  Having restored a 308GTB (in
cooperation with Ric Rainbolt) I can tell you that if
you restore it, you will have up to twice its restored
value invested.  Then again, I have done just
that(multiple times)because the fun-factor can have
great value (to me).  Therefore, Big D's suggestion of
cleaning up the cosmetics and fixing/stabilizing the
mechanical things that can cause catastrophic failure
- will give you a fun ride at a manageable price. 
Then you can still part it out and recover your costs!

rick

--- Dennis Liu <bigheaddennis [at] gmail.com> wrote:

> Wow - 8 years of off-topic, ranting, flaming, etc.,
> and you're still around?
> Great for you!
> 
> Gut check, I think that you could probably part it
> out fairly easily for
> $10k at least, given it's a QV engine.  I bet the
> guy will take $11k-$12k.
> 
> If you're just looking to get it running, and drive
> around next summer with
> the top down and enjoy it, what the hey, it's
> topless fun for Miata money.
> When you're done, sell it for what you've put into
> it, or part it out, what
> have you got to lose??
> 
> Vty,
> 
> --Dennis 
> 
> -----Original Message-----
> From: rl100sl [mailto:rl100sl [at] comcast.net] 
> Sent: Wednesday, October 03, 2007 11:05 PM
> To: Dennis Liu
> Cc: The FerrariList
> Subject: [Ferrari] 1985 Mondial
> 
> Hi,
> 
> Been reading the list for 8+ years but have never
> posted.  I went to look at
> a 1985 Mondial Cab today that was advertised as not
> running.  The body was
> ok, some weird small dents on the drivers side by
> where the top mounts and
> some rust spots starting to show.  The paint on the
> car was fair to poor,
> the top could have been better, the leather was
> cracking, the center console
> was lifting by the switches.  The car did turn over
> but it did not fire.
> Could not smell any gas.  The seller has changed
> plugs, fuel filter, fuel
> pump (said he spent $1300 on parts) but could not
> get it started.  It has
> been sitting for at least this summer.  The seller
> stated that the car ran
> fine last year until it was parked and after winter
> (stored outside but
> covered) it would start then quit.  The car is in
> Mass and has not had an
> inspection since 2003.  Carfax shows no accidents
> but does show evidence of
> mileage rollback.  It went from 67,000 in 1997 to
> 36,000 in 1999 when sold
> at auction.  Currently is says 47,000.  So with all
> the red flags waving and
> since it wont start I cant get it to a ghetto,  what
> do you think this car
> is worth?  He is asking 15k  I was thinking 8k at
> the most.  I wanted to get
> a project car (looking for a 308/328) but this one
> seems to need more work
> then I want to throw in to it (plus money). 
> 
> thanks
> 
> rich
>
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