Milanos, unlike Giulias, have managed to stay off the radar of collectors, for the most part. Sometime a Verde will go crazy on the online auctions, but othewise, a Milano Gold, such as this example, will usually go for sane money.
The Gold was a step above the silver base model. This particular example is not listed as a Gold, but we suspect that it is, based on the lack of foglights and sunroof, but existence of a passenger-side mirror. Peaking through the window, we can barely make out the telltale corduroy seats of a Milano Gold.
Year: 1987
Model: Alfa Romeo Milano Gold
Engine: 2.5L V6
Transmission: 5-speed manual
Mileage: 100,000
Price: $3,800
Location: Santa Cruz, CA
CLICK FOR DETAILS: 1987 Alfa Romeo Milano Gold
The last of the rear wheel drive Alfa's from imported to the US before they were bought out by Fiat. This car is a great driver with just a tick over 100k. Very rare "sunfoof delete" so no leaks and rigid body structure. Owned by Alfa enthusiasts and well maintained. Upgrades include Bilstien shocks and performance springs, Ultralegerra wheels with 16in low profile aggressive tires. Recent transmission overhual with limited slip differential. Custom Anza exaust. With near 50/50 weight distribution this car handles line its on rails! Rare find in this condition with low miles and priced aggressively.
We've personally owned a set of 16" OZ Superleggeras, such as the set on this car, and a Milano Verde. Unfortunately, the OZs are gone, having never graced our trusty Verde. This car wears the wheels well, but we can't say that we regret selling ours. 16" wheels are tough to pull off on a Milano, after all. Our oddball Lugaro 16" wheels barely manage the task.
We're sold on this particular example. How often do you see a slicktop Milano for sale, let alone one with a rebuilt LSD transaxle? Add in the performance springs and Bilstein shocks, and the car has some real potential. As always, play it safe with the timing belt and inquire about rust. If the car checks out, the next owner should be quite happy with what they've purchased, especially if they do better than the current $3,800 asking price.
-Graham