At a glance
About this car
The 1988 Ferrari 328 GTS presents a classic mid-engine grand tourer finished in Red over Tan leather. This example has covered 53,450 miles and is powered by an eight-cylinder engine paired with a five-speed gated manual transmission. The removable Targa roof allows open-air driving while retaining the structural rigidity of the coupe body style.
Inside, the Tan leather upholstery covers the seats and interior surfaces, complemented by power windows and power door locks for everyday convenience. Air conditioning keeps the cabin comfortable, while the Blaupunkt radio with remote provides entertainment options. Service records accompany the car, confirming that maintenance remains current with no drips, leaks, or fault codes noted.
Price vs. market
Strong Value $57,555 (38%) below the median of 20 comparable listings.
- This car
- $95,900
- Median asking
- $153,455
- Comparables
- 20 · 1986–1989
- Median mileage
- 24,601 mi (this car 53,450)
Compared with other active listings of the same model (model years ±2) on Exotics Group. These are dealers' asking prices, not sale prices, and condition, options, mileage and history are not adjusted for.
About the Ferrari 328 GTS
- Production
- 1985–1989
- Est. units built
- 1,344
- Cylinders
- 8
- Powertrain
- Combustion
- Body
- Targa
The Ferrari 328 GTS, produced between 1985 and 1989, is a mid-engine sports car that succeeded the 308 series, marking the final evolution of Ferrari’s V8-powered two-seater lineup before the 348. Approximately 6,068 units of the 328 GTS (the targa-top variant) were built, making it less rare than some other Ferrari models but still coveted by collectors for its classic Pininfarina design and historical significance as one of the last analog Ferraris of the era. It features a 3.2-liter V8 engine, delivering 270 horsepower at 7,000 RPM, with a 0-60 mph time of around 5.5 seconds and a top speed of approximately 166 mph.
For exotic car collectors, the 328 GTS holds appeal due to its relative affordability compared to earlier Ferrari models like the 246 Dino, with prices in recent years ranging from $80,000 to $150,000 depending on condition and provenance. Its manual 5-speed gearbox and unassisted steering offer a raw driving experience, a trait increasingly rare in modern Ferraris. While no major special editions exist, well-maintained, low-mileage examples or those with documented service history command premium values in the market.
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