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Dangermouse
07-12-2013, 12:47 PM
I was browsing on Craigslist and I came across this 1982 Ferrari Mondial and was struck be how they dealt with limiting the speedo to only 85. (It took me a minute to work out which was which - speedo & tacho)

http://dmctalk.org/attachment.php?attachmentid=20472&d=1373647342

Also on how they installed the radio, obviously an insignificant part of driving a Prancing Horse.

http://dmctalk.org/attachment.php?attachmentid=20471&d=1373647341


from here, if you want to see more. Looks like a bit of a risk for a 30 year old F.

http://atlanta.craigslist.org/atl/cto/3901187489.html

OverlandMan
07-12-2013, 01:25 PM
NADA has these values listed for an 82 Mondial 8:

Low: $14,050
Average: $18,200
High: $22,500

That said, I would think this car would fall in the $15-$18k range judging by the photos and info from the ad.

Chris Burns
07-12-2013, 01:43 PM
Sounds about right in price. Basically that model Ferrari is a 4 seater version of the 308 series. Certainly a risk though. Especially since it hasn't had much done to it since 2010.

Michael
07-12-2013, 01:46 PM
One of the main factors that kept me out of a 308GTS was the cost of upkeep. Sure the initial entry price was on par with a DeLorean, but who wants to put down half the initial cost everytime they hit 30k miles or 5 years?(whichever comes first), not to mention the associated cost of repairs and minor services such as 15k service, oil changes, etc.

The thing about these older exotics is the cost of ownership only goes up. I remember one time when a customer brought me a 12 year old SL-600 Mercedes for some "small repair work". That small repair and service estimate was over $10k,...He could not believe it, and the car ended up sitting in our back lot uncovered for almost a year before he sold it(at a huge loss). People have to keep in mind that particular Mercedes was over $100k new, so a $2-$3k service bill is on par with the cost of the car, but when the car depreciates, the cost of service does not...in fact it goes up in most if not all cases. It's hard for people to grasp the cost of ownership per year is 15-25% of what they paid for their used bargain.

That Mondial is not really considered a collector Ferrari, so anyone who buys it needs to really consider if driving it is worth the 20k up front, and the huge sums of money needed to keep it up..basically when you consider the costs of repairs and upkeep, you will be buying it again and again every 5 years.

OverlandMan
07-12-2013, 01:56 PM
One of the main factors that kept me out of a 308GTS was the cost of upkeep. Sure the initial entry price was on par with a DeLorean, but who wants to put down half the initial cost everytime they hit 30k miles or 5 years?(whichever comes first), not to mention the associated cost of repairs and minor services such as 15k service, oil changes, etc.

I agree. This is why I've never gotten serious about any Ferrari. Even if you do the service work yourself, the average parts cost is exponentially higher than something like a DeLorean.



That Mondial is not really considered a collector Ferrari, so anyone who buys it needs to really consider if driving it is worth the 20k up front, and the huge sums of money needed to keep it up..basically when you consider the costs of repairs and upkeep, you will be buying it again and again every 5 years.

I disagree. IMO, all Ferrari automobiles are collectable as they are hand-built Italian works of art.

I do agree that the Mondial is not as desirable as say a 288 GTO for example. It certainly seems to be one of the lower-end Ferrari cars in terms of value today. But it's still collectable. Hell, just about anything can be collectible. :smile:

Farrar
07-12-2013, 02:12 PM
In the red zone on the speedo, someone should have put "WHEEEEEEEE!!!"

Dangermouse
07-12-2013, 02:34 PM
And do you like the little 55 roundel?

lkn4ubl
07-14-2013, 08:45 PM
One of the main factors that kept me out of a 308GTS was the cost of upkeep. Sure the initial entry price was on par with a DeLorean, but who wants to put down half the initial cost everytime they hit 30k miles or 5 years?(whichever comes first), not to mention the associated cost of repairs and minor services such as 15k service, oil changes, etc.

The thing about these older exotics is the cost of ownership only goes up. I remember one time when a customer brought me a 12 year old SL-600 Mercedes for some "small repair work". That small repair and service estimate was over $10k,...He could not believe it, and the car ended up sitting in our back lot uncovered for almost a year before he sold it(at a huge loss). People have to keep in mind that particular Mercedes was over $100k new, so a $2-$3k service bill is on par with the cost of the car, but when the car depreciates, the cost of service does not...in fact it goes up in most if not all cases. It's hard for people to grasp the cost of ownership per year is 15-25% of what they paid for their used bargain.

That Mondial is not really considered a collector Ferrari, so anyone who buys it needs to really consider if driving it is worth the 20k up front, and the huge sums of money needed to keep it up..basically when you consider the costs of repairs and upkeep, you will be buying it again and again every 5 years.

I have an '83 GTSi QV. The car is as easy to work on as the DeLorean. You can do your own timing belt changes for around $150. The sound and the performance compared to a DeLorean are absolutely amazing. The DeLorean attracts plenty of attention; the Ferrari is orders of magnitudes a better designed and implemented car with some serious performance for its day. I've had mine for three years and I've handled any issue that has come my way with it.

If you wrench on your own cars and pass these over because of the cost of maintenance, you are denying yourself an opportunity to own another iconic car. If you pay someone to work on your car, stay far way from any Ferrari.

Michael
07-14-2013, 10:52 PM
I have an '83 GTSi QV. The car is as easy to work on as the DeLorean. You can do your own timing belt changes for around $150. The sound and the performance compared to a DeLorean are absolutely amazing. The DeLorean attracts plenty of attention; the Ferrari is orders of magnitudes a better designed and implemented car with some serious performance for its day. I've had mine for three years and I've handled any issue that has come my way with it.

If you wrench on your own cars and pass these over because of the cost of maintenance, you are denying yourself an opportunity to own another iconic car. If you pay someone to work on your car, stay far way from any Ferrari.

The 308 was the only Ferrari that I was considering because not only was this one of the best looking cars Ferrari made, but this is one of the few Ferrari's in which the engine does not have to be removed for the belt service.

DeLorean03
07-15-2013, 02:25 AM
If you wrench on your own cars and pass these over because of the cost of maintenance, you are denying yourself an opportunity to own another iconic car. If you pay someone to work on your car, stay far way from any Ferrari.

I attend a Friday cruise-in here in Dayton about 1x a month or so, and there is an owner of a 308 that attends very regularly there. He was informing me the cost of his cap and rotor alone is about $120+.

Can you speak on the cost of parts for these vehicles? I ask, because I have wanted to consider purchasing a 328 down the road, but stories like what I already mentioned keep me far away from pushing forward with the plan to own a Ferrari. Going into my 10th year of DeLorean ownership and turning my own wrenches on it, I would like to say without coming off as pretentious that I would like the opportunity to own a 308/328 one day IF it's economically viable (turning wrenches yourself = affordable to own one).

Roman Legion
07-15-2013, 03:28 PM
I would like to say without coming off as pretentious that I would like the opportunity to own a 308/328 one day IF it's economically viable

http://www.personal.psu.edu/jrd343/blogs/jennifers_blog/economicallyviable.jpg

:hihi2:

lkn4ubl
07-15-2013, 08:47 PM
I attend a Friday cruise-in here in Dayton about 1x a month or so, and there is an owner of a 308 that attends very regularly there. He was informing me the cost of his cap and rotor alone is about $120+.

Can you speak on the cost of parts for these vehicles? I ask, because I have wanted to consider purchasing a 328 down the road, but stories like what I already mentioned keep me far away from pushing forward with the plan to own a Ferrari. Going into my 10th year of DeLorean ownership and turning my own wrenches on it, I would like to say without coming off as pretentious that I would like the opportunity to own a 308/328 one day IF it's economically viable (turning wrenches yourself = affordable to own one).

Like DeLoreans, there are quite a few parts out there that are sourced from other manufacturers or cross referenced. Check out ferrarichat.com, it is the F-car equivalent of DMCtalk. I can't speak for the caps and rotors, but anything that comes in a yellow box with horses on it will be expensive. T.Rutlands has all the parts you need, but they are a little pricey. Superformance in England has much better prices.

The day I brought my car home I discovered I needed a new coolant overflow tank. A repro part from T. Rutlands was $550. That has probably been the most expensive thing yet. A water pump belt and oil change has been all I've needed since then.

NightFlyer
07-15-2013, 11:06 PM
"You buy a Ferrari when you want to be somebody. You buy a Lamborghini when you are somebody." - Frank Sinatra

DeLorean03
07-15-2013, 11:29 PM
http://www.personal.psu.edu/jrd343/blogs/jennifers_blog/economicallyviable.jpg

:hihi2:

LOLs.

I remember, as I typed that, I thought "I never thought I'd see the day I'm typing this...I wonder if anyone will actually know this reference...."

And here you are ..:P. Well done, Roman.

Roman Legion
07-16-2013, 12:47 PM
LOLs.

I remember, as I typed that, I thought "I never thought I'd see the day I'm typing this...I wonder if anyone will actually know this reference...."

And here you are ..:P. Well done, Roman.

It was such a great movie, how would anyone not get that reference? lol

OverlandMan
07-16-2013, 01:23 PM
It was such a great movie, how would anyone not get that reference? lol

I didn't get it. Had to look it up on the old interweb to find out it was from the film Falling Down (for those of you who also don't know). I never watched that movie.

Roman Legion
07-16-2013, 01:59 PM
I didn't get it. Had to look it up on the old interweb to find out it was from the film Falling Down (for those of you who also don't know). I never watched that movie.

Its a great movie, I highly recommend it.

lainson6464
07-19-2013, 01:44 AM
I attend a Friday cruise-in here in Dayton about 1x a month or so, and there is an owner of a 308 that attends very regularly there. He was informing me the cost of his cap and rotor alone is about $120+.

Can you speak on the cost of parts for these vehicles? I ask, because I have wanted to consider purchasing a 328 down the road, but stories like what I already mentioned keep me far away from pushing forward with the plan to own a Ferrari. Going into my 10th year of DeLorean ownership and turning my own wrenches on it, I would like to say without coming off as pretentious that I would like the opportunity to own a 308/328 one day IF it's economically viable (turning wrenches yourself = affordable to own one).

The cap and rotor for my LT1 Camaro cost $150, and the engine likes to eat optispark distributors every 30,000-60,000 miles or every time the water pump goes out. and that cost $550 from MSD.
I should've got a Ferrari instead might of been cheaper in the long run.

DMCMW Dave
07-19-2013, 07:46 AM
What he didn't mention is that it has TWO caps and rotors. One for each bank of 4 cylinders. Electrically, the engine is two 4-cylinder engines. There are two ignition ECUs as well.

Dangermouse
07-19-2013, 08:09 AM
What he didn't mention is that it has TWO caps and rotors. One for each bank of 4 cylinders. Electrically, the engine is two 4-cylinder engines. There are two ignition ECUs as well.

I assume you mean the 308 and not the camaro?

DMCMW Dave
07-19-2013, 10:04 AM
I assume you mean the 308 and not the camaro?

Yes. Even GM isn't that insane.

DeLorean03
07-19-2013, 11:08 AM
What he didn't mention is that it has TWO caps and rotors. One for each bank of 4 cylinders. Electrically, the engine is two 4-cylinder engines. There are two ignition ECUs as well.

Casey (HillBillyDMC) was telling me this - that it's like 2, 4-bangers welded together running offset of each other. I hope I got that right, but I remember thinking "omgoodness....."

Chris 16409
07-19-2013, 08:40 PM
I believe some of the later Lamborghini Countach utilized Bosch fuel injection for the V12 engine. The engine had two fuel distributors, one for each of the cylinder banks.

20582

You can see the two cold start injectors

20583

lainson6464
07-19-2013, 10:21 PM
I assume you mean the 308 and not the camaro?

Like someone said in an earlier post not even GM is that insane. Thank god parts for the LT1 are expensive enough with out having 2 distributors.

lkn4ubl
07-20-2013, 01:39 PM
What he didn't mention is that it has TWO caps and rotors. One for each bank of 4 cylinders. Electrically, the engine is two 4-cylinder engines. There are two ignition ECUs as well.

Actually, my 308 is EFI, a system many here should be familiar with, Bosch k jet-tronic. I think Ferrari executed the system pretty well. The only fuel delivery problems people report in the 308 are from ethanol damaging fuel lines. There are modernization kits available for around $350. I'm planning on doing an engine out service in a few years to include that. The engine out isn't necessary, just recommended if you plan on doing 3 or more jobs to the engine as a time saver.

fnzen
09-21-2013, 04:42 PM
If you are doing your own wrenching a Ferrari can be relatively cheap... most old 308 and Mondials sit in garages like DeLoreans cause the thrill is gone but people think they are still worth $s and the cars need what is referred to as a engine out service that costs $5K at a wrench ...the parts total about $1200..there are quite a few non OEM vendors with inexpensive parts the 308 ans Mondial shared drivetrain and engines for over 10-15 years so parts are easy to fing and the ferrarichat.com site lists alot of other crossover components

Since I sold my Delorean its what Im looking to get into

opethmike
09-21-2013, 08:41 PM
Actually, my 308 is EFI, a system many here should be familiar with, Bosch k jet-tronic. I think Ferrari executed the system pretty well. The only fuel delivery problems people report in the 308 are from ethanol damaging fuel lines. There are modernization kits available for around $350. I'm planning on doing an engine out service in a few years to include that. The engine out isn't necessary, just recommended if you plan on doing 3 or more jobs to the engine as a time saver.

Um, K-Jet is NOT EFI. EFI means electronic fuel injection. K-Jet is a mechanical, continuous injection system.

thirdmanj
09-21-2013, 09:25 PM
Um, K-Jet is NOT EFI. EFI means electronic fuel injection. K-Jet is a mechanical, continuous injection system.
Right? Pffft, we wish it was.

Spittybug
09-21-2013, 10:20 PM
I still get the 308 bug now and then. A friend of mine from Coffee and Cars has one and has run me through the various maintenance items. It has its quirks and weaknesses just like ours. Fuse panels get replaced (in the passenger glove box area) and timing belts are accessed through wheel wells after moving the A/C out of the way..... all in all, not too bad given the nature of the car. We'll see.... maybe I'll finally take the plunge.

opethmike
09-21-2013, 10:22 PM
Plus, it is a transverse mid-engine, which is a BIG plus to working on it. I get nightmares after every time that I've worked on longitudinal mid-engined cars. Ugh!