Background
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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 was extraordinarily pretty helped. Designed by the Pininfarina studio, the 308 has a tubular chassis over which the body panels are draped. Made of glass-reinforced plastic until 1977, it gained steel panels thereafter, a move that added 331lbs to the kerbweight, a move that was to the detriment of performance but kept the bar-room wags quiet.
The Ferrari 308 is mechanically similar to the Dino, but that’s okay because the specification includes a mid-mounted V8 petrol engine attached to a five-speed, dog-leg gearbox. Suspension is courtesy of an all-independent, double-wishbone set-up, a sophisticated arrangement that gives the tyres a fighting chance of keeping the 308 shiny side up, no matter how inept the driver.
All-round vented disc brakes do their bit to ensure the ensuing accident will be a low-speed bump rather than a high-speed catastrophe, while unassisted steering add another layer of authenticity by weeding out the feeble from the talented.
Available as the 308 GTB (Berlinetta, or fixed-head coupe) and the targa-topped 308 GTS, it could also be ordered as the 2+2 GT4, and the tax-dodging, largely Italy-only, two-litre 208GTB and GTS.
The Ferrari 308’s history divides neatly into three main iterations: the early cars, which had four twin-choke Weber carburettors and 252bhp; the first of the fuel-injected cars, which were fitted with Bosch’s famous K-Jetronic system and pumped out 211bhp along with far greater reliability than had previously been possible; and the final, quattrovalvolve or four-valve cars with fuel injection and 230bhp.
The 308 made several appearances on TV and the big screen, most notably in all eight seasons of Magnum, P.I., and well as Cannonball Run, and National Lampoon’s Vacation. It is, thanks to those TV and big screen appearances, one of the better known of the classic Ferraris, something that has helped bolster prices over the years, making it a decent long-term investment for the canny enthusiast.
The 308 died in 1985, replaced by the Ferrari 328.







