1989 Ferrari 328 GTS | Exotics Group

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Good Value $12,545 (8%) below the median of 14 comparable listings

This vehicle is offered by an independent dealer, not by Exotics Group. Price, mileage, equipment and availability come from the dealer and are not guaranteed.

Vehicle history

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At a glance

Year

1989

Mileage

28,886 mi

Exterior

Red

Interior

Beige/tan

Body

Targa

VIN

ZFFXA20A6K0079761

About this car

The 1989 Ferrari 328 GTS stands as a desirable final-year example of the iconic mid-engine targa, finished in Rosso Corsa red over a Beige/Tan leather interior. Powered by a 3.2L V8 paired with a 5-speed manual transmission, this coupe delivers the signature Ferrari driving experience in a compact, lightweight package.

Equipped with ABS brakes, the 328 GTS combines classic styling with the added safety feature that became available in the model's later production years. With just 28,886 miles recorded, the car has been maintained to a high standard, including a major timing belt service, new tires, replacement cam covers and seals, gearbox selector shaft seals, oil and filter changes, brake fluid flush, air filter replacement, gearbox fluid change, coolant replacement, spark plugs, and additional minor maintenance items completed recently.

Rosso Corsa exterior

Beige/Tan leather interior

3.2L V8 engine

5-speed manual transmission

ABS brakes

Mid-engine targa body style

28,886 miles

Price vs. market

Good Value $12,545 (8%) below the median of 14 comparable listings.

Median This car

This car: $149,900
Median asking: $162,445
Comparables: 14 · 1987–1989
Median mileage: 22,835 mi (this car 28,886)

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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