1987 Ferrari 328 GTS

22 Bids Winner - ilducenor
1:00 PM, 07 Jan 2025Vehicle sold
Sold for

£61,246

(inc. Buyer’s Premium)
Winner - ilducenor
consigner image

Paul's review

Paul Hegarty - Consignment Specialist Message Paul

“ Non ABS model, with car cover, charger and tool kit. ”

This splendid 328 GTS ticks all the right boxes for low mileage, provenance, history and condition. The next owner of this car will be taking home one of the very best examples out there - and it’s only going to travel in one direction when it comes to long-term valuation.

Background

To people of a certain vintage (your author being one of them), the Ferrari 308/328 is not so much a car as a poster.

The walls of countless teenage bedrooms have carried its image, quite possibly sandwiched between posters of a Lamborghini Countach, Che Guevara and that lady tennis player who’s accidentally mislaid her undergarments and is having a cheeky scratch.

Launched in 1975, the Ferrari 308 was born in a post-oil crisis world still reeling from having to pay market prices for its petrol for the first time. This, along with the fact that it was replacing the legendary Ferrari Dino, meant that it was always going to have something of a tough time.

That it is extraordinarily pretty of course helped. Designed by the Pininfarina studio, the 308 had a tubular chassis, over which the body panels were draped.

Made of glass-reinforced plastic until 1977, it gained steel panels thereafter, a move that added 331lbs to the kerbweight, but removed any kit-car connotations…

It was mechanically very similar to the Dino, which was no bad thing because it meant a mid-mounted V8 engine attached to a five-speed, dog-leg gearbox.

The 308 retired in 1985, to be replaced by the Ferrari 328.

While mechanically very similar to the 308 and still largely hand-built, several changes were made to the body, chassis and engine of the 328, chief among them being a larger 3.2-litre V8 engine delivering much wanted increases in power and torque.

The engine retained the Bosch K-Jetronic fuel injection system of the 308, but added the Marelli MED 806 A electronic ignition system.

Maximum power is 274hp at 7,000rpm, while peak torque is 224lb ft at 5,500rpm. In a car weighing in at just 1,325kg, that’s enough grunt for 0-60mph in 5.5 seconds and a top speed of more or less 160mph.

That’s a decent turn of speed even today.

By Ferrari standards, the 328 is considered to be one of the most reliable and usable offerings from Maranello. Not least because most maintenance and servicing jobs could be carried out without dropping the engine from the car.

In many ways, the 328 was one of the last analogue supercars. There’s no assisted steering, the dogleg gearbox provides a proper workout (especially when the engine is cold) and, prior to 1988, there was no ABS to be had.

The 328, then, offers a pure, visceral driving experience rendered all the more tangible and real by the absence of any electronic filters between the car, the road and the driver.

Ferrari produced 7,412 328s in total, of which 6,068 were the GTS (Gran Turismo Spider) variant.

Key Facts


  • Low Mileage
  • Well Maintained With Supporting Documentation
  • Cam Belts Changed in 2022
  • Private Plate Included

  • ZFFWA20C000072669
  • 42500 miles
  • 3185cc
  • manual
  • Rosso Corsa
  • Cream leather
  • Right-hand drive
  • Petrol

Vehicle location
Bonhams|Cars Online HQ, United Kingdom

Background

To people of a certain vintage (your author being one of them), the Ferrari 308/328 is not so much a car as a poster.

The walls of countless teenage bedrooms have carried its image, quite possibly sandwiched between posters of a Lamborghini Countach, Che Guevara and that lady tennis player who’s accidentally mislaid her undergarments and is having a cheeky scratch.

Launched in 1975, the Ferrari 308 was born in a post-oil crisis world still reeling from having to pay market prices for its petrol for the first time. This, along with the fact that it was replacing the legendary Ferrari Dino, meant that it was always going to have something of a tough time.

That it is extraordinarily pretty of course helped. Designed by the Pininfarina studio, the 308 had a tubular chassis, over which the body panels were draped.

Made of glass-reinforced plastic until 1977, it gained steel panels thereafter, a move that added 331lbs to the kerbweight, but removed any kit-car connotations…

It was mechanically very similar to the Dino, which was no bad thing because it meant a mid-mounted V8 engine attached to a five-speed, dog-leg gearbox.

The 308 retired in 1985, to be replaced by the Ferrari 328.

While mechanically very similar to the 308 and still largely hand-built, several changes were made to the body, chassis and engine of the 328, chief among them being a larger 3.2-litre V8 engine delivering much wanted increases in power and torque.

The engine retained the Bosch K-Jetronic fuel injection system of the 308, but added the Marelli MED 806 A electronic ignition system.

Maximum power is 274hp at 7,000rpm, while peak torque is 224lb ft at 5,500rpm. In a car weighing in at just 1,325kg, that’s enough grunt for 0-60mph in 5.5 seconds and a top speed of more or less 160mph.

That’s a decent turn of speed even today.

By Ferrari standards, the 328 is considered to be one of the most reliable and usable offerings from Maranello. Not least because most maintenance and servicing jobs could be carried out without dropping the engine from the car.

In many ways, the 328 was one of the last analogue supercars. There’s no assisted steering, the dogleg gearbox provides a proper workout (especially when the engine is cold) and, prior to 1988, there was no ABS to be had.

The 328, then, offers a pure, visceral driving experience rendered all the more tangible and real by the absence of any electronic filters between the car, the road and the driver.

Ferrari produced 7,412 328s in total, of which 6,068 were the GTS (Gran Turismo Spider) variant.

Video

Overview

We know this car because it has passed our way before, when the current vendor bought it.

He purchased the car because it was in excellent, low mileage condition, had a long and comprehensive service and maintenance history, and had clearly been looked-after and cared-for by a succession of people who weren’t in the habit of cutting corners or sparing expense.

Well, the good news continues, with the vendor having carried on the tradition set by his predecessors and making sure that it received all due attention and pampering as and when necessary.

We have driven the car and can attest that it starts on the button, ticks over very happily and performs like the thoroughbred, driver-focussed analogue stallion it undoubtedly is.

It drives as well as it looks, and we’re sure you’ll agree that it looks simply sensational.

The car was imported to the UK by official importers Maranello Concessionaires Ltd and was subsequently supplied new to its first owner by Emblem Sports Cars on the south coast.

The first owner kept the car until 1996 and covered only around 24,000 miles in that entire period.

The second owner kept it until 2004, adding 13,500 miles to the low total tally. The third owner had it until 2006, the fourth to 2015, and the fifth up to 2023, when the car was bought by the vendor with just 42,358 miles on the odometer.

Today, the odometer is showing 42,603 miles.

To give you an idea of how sparingly the car has been used, the cambelts were changed at 41,464 miles, in 2015, and at 42,400 miles in 2022.

The cam belt tensioners were changed in 2002.

This car’s condition is exceptional for its mileage, let alone its age, and it is without doubt one of the best we have seen.

Exterior

This fine car presents very well from every angle and the bodywork is free of any dinks, dents, creases or ripples of note anywhere that we can see.

The Rosso Corsa paintwork also looks very good indeed and has retained plenty of lustre and depth of shine.

Along with the black plastics on the engine cover and side louvres, the red paint has resisted the temptation to fade with the passing of the years.

The signature five-spoke ‘star’ alloys are in very decent condition, with only a couple of tiny chips to the lacquer on the n/s/f wheel in evidence.

The matching Pirelli P6000 tyres look to have plenty of life left in them, although you might want to check their dates, given how few miles the car has covered in the last decade or so.

The black vinyl cover on the removable Targa roof is in fine fettle, and the section lifts in and out easily, forming a pretty tight seal with the rubber seal between it and the bodywork. The rubber seal has a few scuffs here and there, as you might expect.

There’s a small patch of cracked and split paint at the corner of the o/s/f wing and, if you look very closely indeed, you’ll see a little micro-blistering to the paint on the car’s ‘flying buttresses’ at the rear.

There are a few scuffs to the bottom of the front valance on the offside.

A little paint has rubbed away at the base of the offside ‘C’ pillar and, at the base of its nearside counterpart, there’s a thin line of some sticky rubber residue.

The lights, lenses, cabin glass, badging and all other exterior fixtures and fittings are broadly beyond reproach and following the same script as the rest of this remarkably well-preserved car.

Interior

The interior of this 328 is every bit a match for its exterior counterpart and is in virtually time-warp condition.

The Crema leather upholstery has no more than a few light creases to show for its years of service and has yet to earn anything even approaching patina.

The undersides of the Targa roof are very good, as is the matching trim behind the rear seats.

The car’s door cards are firm, rattle-free and undamaged, as is the leather trim around the centre console and dashboard.

The beautiful, back-lit, orange-on-black Veglia Borletti gauges (a featured borrowed from the earlier GTO) are as attractive as they are functional and, so far as we can tell, accurate.

The black carpets are excellent as are the 328 GTS branded mats, which are edged in Sabbia leather.

The frunk is as good as the rest of it and contains a full-sized spare wheel and the original and extensive Ferrari tool roll, jack and Ferrari branded red car cover.

Mechanical

The headline news that heralded the arrival of the 328 was the increase in capacity of the ‘Ferrari Dino’ V8 engine.

Its use in the 328 marked this engine’s swansong and saw it in its most advanced and powerful production form – namely, a 3,185cc, transversely mounted, four-valve-per-cylinder unit with Bosch K-Jetronic fuel injection.

274bhp is fed to the rear wheels via a five-speed manual gearbox which sits below and behind the 328’s wet sump to aid balance and weight distribution.

Lifting the big, louvred rear hatch allows you to feast your eyes on the glorious Tipo F105 CB 000 power unit.

Everything in the engine bay appears highly original with all the requisite data plates present and correct.

The undersides of the car look to be in fine original shape with plenty of preservative underseal in evidence.

Basically, it’s all good.

History

The car comes with its original book pack included a service book that’s fair bristling with main dealer and specialist stamps.

There are invoices, bills and receipts itemising all other maintenance, service and repair work carried out over the years.

The most recent oil and filter service was carried out by a marque specialist in October 2024, when the mileage was recorded as being 42,582 miles.

The car’s current MoT is valid until 14th October 2025 and, in common with every other MoT certificate going back as far as 2016, it comes with no advisories.

Summary

This splendid 328 GTS ticks all the right boxes for low mileage, provenance, history and condition.

The vendor is only reluctantly selling because back problems are making ingress and egress to and from the car rather more troublesome than he’d like.

The next owner of this car will be taking home one of the very best examples out there - and it’s only going to travel in one direction when it comes to long-term valuation.

We like it a great deal.

We are happy to offer this car for auction with an estimate in the range of £60,000 - £65,000.

Viewing is strongly encouraged, and this lot is located at Bonhams|Cars Online HQ. Viewings are STRICTLY BY APPOINTMENT and we are open weekdays between 10am - 12pm or 2pm - 4pm. To make a booking, please use the ‘Enquire About This Vehicle’ button on the listing. Feel free to ask any questions, or try our ‘Frequently Asked Questions’.

About this auction

Seller

Private: griffiths1


Viewings Welcome

Viewing is strongly encouraged, and is strictly by appointment. To book one in the diary, please get in contact.

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