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1989 FERRARI 328 GTS

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Auction Sold
Reserve not met
  • Last bidTag$69,000
  • Ended
    Fri, Dec 09, 2022
    9:33 pm UTC
  • BidsUser14
  • ViewsEye outline8,959
  • LocationPin outlineWichita, Kansas

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Seller
Chassis/VINZFFXA20A5K0078925
Mileage indicated19,248 Miles
Engine3.2-liter V8
TransmissionManual
Addenda and Errata

Please note that four videos have been added to the gallery.

Please note that two additional photos have been added showing very minor bumper chips.

Please note that three driving videos, a drive-by video, and a video showing minor bumper flaws have been added to the gallery.

Please note a Sports & Exotic Car magazine article has been added.

Description

Following the immense popularity of the 308 GTS and GTB of the 1970s, Ferrari rightly retained the same basic formula and shape for its successor, the 328. Stylistically, the designers at Pininfarina did a masterful job updating the 308’s iconic wedge body, now wearing form-fitting colored bumpers, a smaller front grille, and a roof spoiler. Inside, the cabin boasted a new dashboard, door cards, and supplementary controls, along with more supportive seats. Ferrari’s biggest upgrade was in the engine compartment, overcoming the 308’s lack of power by enlarging its all-aluminum V8 to 3.2 liters, bringing its output to 270 horsepower and 217 lb-ft of torque. In a car weighing just under 3,000 lbs, that translated to a top speed nudging 160 mph with the 0-60 mph sprint handled in just six seconds. Stunningly beautiful, well balanced, and reliable when properly maintained, the 328 is as desirable for a discerning collector as someone looking to join the Ferrari family. 

Highlights

  • Fabulous naturally aspirated, V8-powered, Italian poster car from a bygone era and last of the analog Ferraris

  • One of just 1089 328 GTS built worldwide for 1989

  • Desirable final production year of the 308/328 platform, which benefits from the introduction of anti-lock brakes in mid-1988

  • GTS ‘Gran Turismo Spider’ specification featuring a targa-style removable roof panel

  • Finished in the unbeatable combination of Rosso Corsa over beige Connolloy leather upholstery 

  • Powered by the 3.2-liter ‘Tipo F105’ V8 engine mated to a five-speed, dog-leg transmission

  • Diligently cared for by the current owner, evidenced by extensive service records dating back to 1990

  • Switched from cable to hydraulically operated clutch pedals

  • Last and only year of 328s to receive ABS

  • Most recent belt service performed January 2016 at 19,063 miles

  • Displaying fewer than 20,000 miles at the time of cataloging 

Features

  • Convex 16-inch Speedline five-spoke alloy wheels

  • Leather wrapped MOMO steering wheel

  • Veglia-Borletti instrumentation

  • Power windows

  • Power mirrors

  • Power door locks

  • Gated shifter

  • Air conditioning

  • Aftermarket stereo

  • Four-wheel anti-lock ventilated disc brakes

  • Independent front and rear suspension

Known Flaws

  • The metal grill on the hood was repainted due to minor rock chips and lower driver’s door due to same issue from its time in Aspen, Colorado  

  • A scratch on upper passenger roof panel has not been buffed. Probably due removal or installation of the roof panel.

Included

  • Owner’s manuals and books

  • Tool roll and light bulb and fuse kit

  • Trickle charger

  • Custom car cover

  • Clean Carfax report

  • All receipts from 1990 to present

Ownership History

A three-owner 328 GTS with ownership history in California, Colorado, and Kansas with its Carfax confirming its low-mileage and indicating no accidents or damage reported.

Bids

12/9/22 at 9:31 PM

$69,000

12/9/22 at 9:29 PM

$66,555

12/9/22 at 11:43 AM

$65,000

12/8/22 at 10:46 PM

$62,000

12/8/22 at 10:09 PM

$60,000

View all (14)
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Auction Sold
Reserve not met
  • Last bidTag$69,000
  • Ended
    Fri, Dec 09, 2022
    9:33 pm UTC
  • BidsUser14
  • ViewsEye outline8,959
  • LocationPin outlineWichita, Kansas

Never miss a car.

Sign up for Hagerty Marketplace newsletter to keep tabs on cars for sale, recent transactions and featured lots and listings.

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