February 29th Update: We were stunned to come across a fresh listing for this 1986 Alfa Romeo Graduate we first feel in love with in January last year. We loved the pictures and the story in the seller’s description from back then. Fast forward thirteen months and this Alfa remains available from the same seller. Based on the mildly changed description and no change recorded in mileage we’re now concerned this pretty little Alfa could start to suffer from non-use as the current caretakers appear to have several cars in their collection to choose from (not a bad problem to have – in our humble opinion!). We’ve updated the link below. Good luck with the purchase!
May 11 Update: Loyal GWR followers will likely recognize this Alfa from when we originally featured twice: first on January 19th and then March 30th for #SportscarSaturday. Every car has a story to tell and we love that the current owners enjoyed their Alfa enough that they are carefully looking for the next caretaker for their beloved Spider. We hope the combination of the warm weather and a re-feature here will finally help it find a new home. Originally firmly priced at $8,950 the private seller now has it listed for $7,950 on Craigslist near Brick, New Jersey. Based on the latest Hagerty Online Valuation Tool, the price is now about $900 below #3 “Good” estimate of $8,800. We also note that the prices of these Alfas are on the rise.
Alfa Romeo produced the two-seat, front-engine, rear-drive Spider sports car for nearly thirty years from 1966 to 1994 in four distinct series. The Spider featured here is a Series 3 example produced in the middle of the production from 1993 through 1989.
Power for all North American Spiders came from a 2.0 liter double overhead cam inline-four featuring Bosch L-Jetronic fuel injection that produced 126 brake horsepower at 5,400 RPM and 131 foot-pounds of torque at 4,000 RPM. Power from this engine transferred to the rear wheels via a five-speed manual transmission with a distinctive shifter that appears to protrude from the middle of the dashboard.
The example presented here is the base “Graduate” model. This model acknowledged the original Series One’s appearance in the 1967 film, The Graduate, starring Dustin Hoffman. Alfa Romeo marketed this version as a less expensive “entry-level” Alfa. While it had the same engine and transmission as the Quadrifoglio and Veloce, it lacked the alloy wheels and other features. The Graduate model had manual windows, basic vinyl seats, a vinyl top, and steel wheels as standard. Air conditioning and a dealer-installed radio were the only options. The example featured here does not appear to be equipped with A/C – that’s what the convertible top is for!
The 102K Alfa Red over Black Vinyl example presented here features one repaint that shows exceptionally well on all four corners with no visible dents or scratches based on the current pictures provided. Note that these pictures were likely taken last summer, so be sure to do a thorough scan to ensure no new “patina” occurred during winter storage.
This Graduate’s black vinyl interior presents very well. The seller reports the only flaw is a small seam tear on the driver’s seat. The car also features an upgraded Alpine Am/FM/CD head unit with an amplified speaker mounted on the rear parcel shelf.
The seller notes the eight year old top was replaced shortly before he purchased the car. It still presents well and we’re impressed how well the current owner maintained the plastic rear window.
The seller provides several undercarriage shots which prove his claim that the car is rust free. Other than rock knicks to the underside, the only other thing we notice is the amount of paint overspray underneath seems a bit excessive and is a dead give-away that the car has been repainted. No harm, no foul from our perspective.
The seller reports that his Alfa “runs fantastic and drives wonderful.” Recent repairs include a complete clutch rebuild including the throwout lever and hydraulic system, new motor and transmission mounts, and a four-wheel brake job. The seller states, “with absolute regret I am putting our 1986 Alfa Romeo Spider Graduate up for sale. I purchased this as a gift to my wife 7 (sic) years ago. We have enjoyed and shown this car greatly but it’s time to sell and let someone else enjoy this lovely Italian sports car.”
This Alfa needs another great home to continue the story this couple enjoyed over the past seven years. Will it be you? Good luck with the purchase!