1989 Ferrari 328 GTS | Exotics Group

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Market Price $2,405 (2%) above 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

20,782 mi

Exterior

Red

Interior

Tan

Body

Targa

VIN

ZFFXA20A6K0081977

About this car

The 1989 Ferrari 328 GTS presents a classic mid-engine convertible design finished in Red over a Tan interior. This example is powered by a 3.2L V8 paired with a manual transmission and has accumulated 20,782 miles.

Its open-top body style delivers the signature Ferrari driving experience with a focus on balanced handling and engaging performance. The clean color combination enhances the timeless appeal of the 328 GTS.

1989 Ferrari 328 GTS

Red exterior

Tan interior

3.2L V8 engine

Manual transmission

Convertible body style

20,782 miles

Price vs. market

Market Price $2,405 (2%) above the median of 14 comparable listings.

Median This car

This car: $159,900
Median asking: $157,495
Comparables: 14 · 1987–1989
Median mileage: 26,744 mi (this car 20,782)

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.