Ferrari Mondial T Cabriolet 1993

Which Ferrari is the cheapest among ‘time capsule’ specimens: its price will surprise you (photo)

A 1993 Ferrari Mondial T Cabriolet with very low mileage has been put up for sale in the USA. The rare Italian convertible is being offered for only $29,950, or about 1.25 million hryvnias, making it one of the most affordable classic Ferraris on the market. Classic Driver reports on this.

The car was in single ownership for over 25 years, and the odometer reading is only 8,948 miles, which corresponds to approximately 14,400 km. The cabriolet is painted in the signature yellow color Giallo Modena and features a black interior.

Ferrari Mondial T Cabriolet retains low mileage

Ferrari Mondial T Cabriolet 1993
Photo: Classic Driver

The model is equipped with a naturally aspirated mid-mounted V8 engine and a five-speed manual transmission.

Standard features include disc brakes on all wheels, power steering, a dual exhaust system, air conditioning, power windows, and the signature Veglia instrument panel.

Among the car’s notable features are pop-up headlights, a black soft top, air intakes on the body sides, 16-inch alloy wheels, and Goodyear tires.

Classic 1993 Ferrari sold cheaper than many modern sports cars

Ferrari Mondial T Cabriolet 1993
Photo: Classic Driver

One of the technical features of the Ferrari Mondial T is the five-speed transaxle transmission. This layout helped improve weight distribution and handling compared to previous Mondial versions.

At the same time, the seller notes that the car is currently not in running condition. Additionally, the cabriolet has a California salvage title status, which in the USA is typically assigned to vehicles after significant damage or insurance incidents.

It is the technical condition and legal status that largely explain the car’s low price. Despite this, the Ferrari Mondial T Cabriolet remains a rare model with low mileage and a classic naturally aspirated V8, making it an unusual lot on the collector car market.

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