Hi, It is a mark 4 titanium 1.6
Only just spotted this post.
IMHO a 1.6 (petrol or diesel) in a Mondeo does not bear thinking about. The TDCi may just about be acceptable providing you don't plan to overtake but the petrol of that vintage which does not have a turbo will be a slug, believe me.
If it is the 1.6 I can now see why ypu originall thought it was a Zetec. This engine was introduced in the Fiesta in about 1995 in 1.24, 1.4 and 1.6 flavours. Originally t was badged as the Zetec SE but the name is the only common part between this engine and the engine fitted to the Focus and Mondeo in 1.8 and 2.0 versions.
The "true" Zetec as used in the Focus and Mondeo is a Ford design and manufacture with an iron block with a twin cam 15 valve head. The blocks heritage can actually be traced back to the CVH of the early 80's. The engine is incredibly robust and other than very early problems with cam followers (solved within months by Ford changing the oil spec from 10w40 to 5w30) it had no issues.
The Zetec SE, as I said above, has no common components with the bigger Zetec. It was a joint design by Yamaha and Ford and was all alloy construction. It was later made available as a 1.7 in the Puma and in that form contained many special parts. The engine was and still is a real cracker for an engine of this type. Incredibly robust, it will give years of excellent service. I had a Puma 1.7. The engine was brilliant.
But to fit this engine in a Mondeo would be a real disaster. Its really nice as I have said before but like all modern small multivalve units it lacks low down punch and while this is not an issue in the much smaller Fiesta/Puma in the big Mondeo you would be for ever changing gear and the resulting fuel consumption would be biblically dreadfull.
I can now see why the car is cheap, it needs to be.
My advice, avoid and find a 1.8 or preferably a 2.0.
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