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1985 Ferrari 288 GTO
2dr Coupe
8-cyl. 2855cc/400hp Weber-Marelli FI Twin Turbo
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$2,550,000*
-10.5%
#4 Fair condition#4 Fair
Jan 2025
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1984-1985 Ferrari 288 GTO stats
Highest sale
$4,405,000
Lowest sale
$204,551
Most recent sale
$3,882,500
Sales
68
Photos
62 photosImages may not reflect selected vehicle.
Past sales
$3,882,500
1985 Ferrari 288 GTO Base
North America
Jun 1, 2024RM Sotheby's
View details
$3,910,000
1985 Ferrari 288 GTO Base
4095 K
North America
Aug 17, 2023Broad Arrow Auctions
View details
$3,965,000
1985 Ferrari 288 GTO Base
7991 K
Standard
North America
Mar 4, 2023RM Sotheby's
View details
$4,405,000
1985 Ferrari 288 GTO Base
15005 K
Standard
North America
Aug 20, 2022RM Sotheby's
View details
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Model overview
Model description
The regulations for the FIA’s Group B rally series that began in the early 1980s spawned cars that were thrilling and scary for their drivers as well as for the throngs of spectators that lined the courses to see these fire-breathing turbocharged rally monsters. The FIA ultimately cancelled the series after several high profile accidents, but not before Porsche and Ferrari had designed homologation specials in order to compete in it. The car developed by Ferrari was the 288 GTO (Gran Turismo Omologato), so named in a nod to the 250 GTO of two decades prior.
The 288 GTO was loosely based on the 308 road car and not only had more aggressive, more slotted and wider bodywork, but had a four inch stretch (to 96 inches total) in wheelbase to accommodate a longitudinal engine installation. This change from the 308’s transverse layout was borne out of the need to accommodate two IHI turbochargers and their intercoolers enabling the 2.8-liter V-8 to produce 400 hp. Performance was spectacular with a 4.5 second 0-60 sprint and a top speed of 189 mph, which briefly made the GTO the fastest street car existent. Suspension and brakes were equally fortified to allow handling that was more enlivening than an epinephrine shot given its power and impressive light weight of under 2,600 pounds.
A full leather interior came standard on the road cars, and an optional package included air conditioning, a stereo, and power windows. These steps did little to disguise the GTO’s race-oriented design, though. Ultimately, the 288 GTO didn’t race in anger, but lessons learned from its design would make their way to the F40, and the 272 GTOs built in 1984 and 1985 are now top tier collectibles.
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Common Questions
The value of a 1985 Ferrari 288 GTO can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $2,550,000 for a 1985 Ferrari 288 GTO in good condition with average spec.
The highest selling price of a 1985 Ferrari 288 GTO at auction over the last three years was $4,405,000. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1985 Ferrari 288 GTO at auction over the last three years was $3,882,500. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 4 1985 Ferrari 288 GTOs sold at public auction.
The most recent auction sale of a 1985 Ferrari 288 GTO was $3,882,500 on June 01, 2024 by RM Sotheby's.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.