The third model in the Mondial line-up was the 3.2 Mondial unveiled in 1985 at the Frankfurt Salon. It was called 3.2 as a reference to the cubic capacity of the engine in liters. The car remained into production until 1989, with a total of 987 units produced, with both right and left hand drive available, together with various world market specification models.
This model saw the first change in the body styling: restyled and body-coloured bumpers, similar to the 328 with more integrated indicators & driving lamps, and new wheels with a more rounded face. The body shape remained otherwise unaltered from its predecessor, although once again the interior detailing was revamped, the most noticeable being angled top corners to the instrument nacelle.
A leather dashboard and/or headlining was available as an option. The five spoke road wheel pattern changed from a flat spoke design to a convex spoke layout to accommodate negative offset suspension geometry for the optional ABS braking system, which would eventually become standard equipment.
Under the hood Ferrari placed a 3.2 liters V8 engine fitted with Bosch K Jetronic fuel injection and Marelli MED 806A Microplex electronic ignition to produce a claimed 270bhp at 7000rpm for main European market models, and 260bhp for US market models. The engine was transversely mounted in unit with the all synchromesh five speed transmission assembly, which was below, and to the rear of the engine’s wet sump.
The 3.2 Mondial made the 0 to 62 mph sprint in 7.4 seconds,w hile top speed was of 155 mph.