At a glance
About this car
The 1988 Ferrari 328 is presented in a striking Red exterior finish that highlights its classic mid-engine silhouette and sculpted bodywork. Inside, the cabin is trimmed in Black, creating a refined contrast that complements the model's sporting character.
This example has recorded 88,350 miles and remains a compelling choice for enthusiasts seeking an authentic Ferrari grand tourer from the late 1980s.
Price vs. market
Strong Value $24,456 (16%) below the median of 20 comparable listings.
- This car
- $128,999
- Median asking
- $153,455
- Comparables
- 20 · 1986–1989
- Median mileage
- 24,601 mi (this car 88,350)
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.
Price history
From the Journal
Oct 19, 2026
Ferrari's Last Naturally Aspirated V8 Special Series: 2026 Market Report on the Challenge Stradale, 430 Scuderia and 458 Speciale
A data-driven 2026 market report on Ferrari's naturally aspirated V8 special series (360 Challenge Stradale, 430 Scuderia/16M, 458...
Nov 3, 2026
First-Time Supercar Buyer, Part 1: The Market Landscape for First-Time Buyers
Part 1 of First-Time Supercar Buyer: what an entry-level exotic costs in 2026, with current Exotics Group asking prices, Bring a Trailer...
Aug 26, 2026
exoticsgroup.com