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1988 Alfa Romeo Milano Verde
4dr Sedan
6-cyl. 2959cc/183hp Fuel Injection
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$19,500*
+12.7%
#4 Fair condition#4 Fair
Jan 2025
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1985-1992 Alfa Romeo Milano stats
Highest sale
$52,500
Lowest sale
$1,590
Most recent sale
$52,500
Sales
43
Photos
1 photoImage may not reflect selected vehicle.
Past sales
$52,500
1988 Alfa Romeo Milano Verde
37000 M
Standard
North America
Dec 9, 2024Bring a Trailer
View details
$6,510
1988 Alfa Romeo Milano Verde
86000 M
Standard
North America
Sep 20, 2024Bring a Trailer
View details
$6,766
1987 Alfa Romeo Milano Silver
Standard
North America
Jun 5, 2024Cars & Bids
View details
$29,400
1988 Alfa Romeo Milano Verde
64000 M
Standard
North America
Mar 28, 2024Bring a Trailer
View details
$13,650
1989 Alfa Romeo Milano Verde
112000 K
Standard
North America
Oct 31, 2023Bring a Trailer
View details
$6,090
1987 Alfa Romeo Milano Silver
2500 K
Standard
North America
Oct 6, 2023Bring a Trailer
View details
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Model overview
Model description
Produced from 1986 to 1992, Alfa Romeo’s 75 / Milano was the company’s entry in the performance luxury sedan segment. The front engine/rear transaxle, rear-wheel-drive cars are traditionally divided into two series, with the Series I cars selling in 1986 and 1987 with a variety of four- and six-cylinder gas and diesel engines. The later cars from this series as well as the facelifted Series II cars were sold in America as the Milano from 1987 to 1989, with roughly 4,000 being imported into the U.S. These cars were wedge-shaped, with a characteristic "bend" in their shoulder line.
In U.S. spec, the Milano had a 2.5-liter, 155-hp V-6 sending power through a five-speed or optional three-speed automatic transaxle, and was initially available in three trim levels. Silver level cars had fabric interiors, while Gold and Platinum level cars were equipped with air conditioning and leather, as well as other amenities such as power locks and mirrors. In 1988, Alfa Romeo added the Verde trim level to the Milano line, and this version had a 3.0-liter V-6 with 183-hp as well as anti-lock brakes on most examples, a limited slip differential, and plastic body cladding with a rear spoiler. Alfa imported approximately 883 Verde Milanos to the U.S. in 1988, with a good percentage of them sold as 1989 models.
Potential Alfa Romeo Milano owners should be aware that rust is a common ailment, inboard rear brakes are difficult to service, and some Milanos suffered from head gasket failures and voodoo electrical issues. Cars with strong service histories will have had all of this sorted out by now, however. The Milano has some eccentric features, such as roof-mounted electric window switches and its aforementioned styling, None of this matters, however, when the driver takes in the wonderful engine song and predictable, confident handling that this chassis delivers. The Alfa Romeo Milano may be more demanding than some of its more common contemporaries, but the car rewards with a level of performance, feel, and driver involvement that those cars lack.
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Common Questions
The value of a 1988 Alfa Romeo Milano Verde can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $19,500 for a 1988 Alfa Romeo Milano Verde in good condition with average spec.
The highest selling price of a 1988 Alfa Romeo Milano Verde at auction over the last three years was $52,500. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1988 Alfa Romeo Milano Verde at auction over the last three years was $6,300. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 6 1988 Alfa Romeo Milano Verdes sold at public auction.
The most recent auction sale of a 1988 Alfa Romeo Milano Verde was $52,500 on December 09, 2024 by Bring a Trailer.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.