1970 DeTomaso Mangusta 302

VIN: 8MA1048

$324,500

Sold

Seller details

  • Auction

    Gooding & Company

  • Location

    Monterey, CA; US

  • Event date

    Aug 15 - Aug 16, 2015

  • Lot

    130

Vehicle specs

  • Chassis/VIN

    8MA1048

  • Body style

    Coupe

  • Odometer

    9331 M

  • Transmission type

    Standard

  • Engine Type

    V8

  • Horsepower

    230

  • Induction

    1x4 bbl

  • Interior Color

    Black

  • Exterior Color

    Beige

  • Generation

    1967-1971 DeTomaso Mangusta

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

302 /230hp Ford, Autolite four barrel carb, Ansa exhaust, alloy wheels, Michelin XW4 tires, wood and leather-wrapped Ferrero steering wheel, Sony cassette stereo, power windows, air conditioning, full tool roll.

Condition

In the same ownership for four decades, 9,331 miles from new. Represented as 'largely original unrestored' but largely repainted except for the crazing rear deck. Cracking, chipped paint on the front lip and a big chip on the front right corner. Sound, dull paint on the nose but the rear of the car has light crazing and cracking and there are chips on inner edges of the gullwing engine cover. Lightly scratched rear window glass. Fantastic original interior. Clean and dry underneath. Uneven door fit. A quite well preserved example of a later Mangusta, distinguished by its 302 V-8 instead of the earlier 289 and the two pop-up headlights instead of the previous four fixed ones.

Market commentary

This car was the first to sell after the sale of the Ferrari California Spider, and while following a headline car can spell doom for a less valuable car on the block, this car brought a huge above-market result, a testament to its originality and incredibly low 9,331 miles. It had been sold at RM's Ft. Lauderdale auction in 2009 for $75,900, then at RM's Monterey sale in August of the same year for $68,750. The seller should be proud to get this much after doing nothing at all since 2009 and putting only 270 miles on the odometer in six years.

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