1987 Ferrari 328 GTB

2dr Coupe

8-cyl. 3185cc/260hp FI

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$107,000*

-9.3%
#4 Fair condition#4 Fair
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1985-1989 Ferrari 328 GTB / GTS stats
Number produced **
335
Highest sale
$407,000
Lowest sale
$17,600
Most recent sale
$111,300
Sales
574
** Number produced is specific to this year and configuration.

Photos

9 photosImages may not reflect selected vehicle.

1988 Ferrari 328 GTB Coupe
1988 Ferrari 328 GTS Targa Top
1987 Ferrari 328 GTS Spyder
1989 Ferrari 328 GTS Targa Top
1989 Ferrari 328 GTS
1986 Ferrari 328 GTS Spyder
1986 Ferrari 328 GTB
1988 Ferrari 328 GTS Spyder
1986 Ferrari 328 GTB Coupe
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Model overview

Model description

Ten years after Ferrari launched the 308 GTB at the Paris Show, the company gave the model a performance boost in the guise of the 328 GTB and 328 GTS.

The two-seat, mid-engine coupe and Targa also received minor exterior revisions that softened the angularity of the 308. In particular, the grille was brought forward to flatten the car’s nose and the bumpers became body-colored. The car retained the distinctive side ducts and covered headlights that helped make the 308 a true 1980s icon. The 328’s V-8 now displaced 3.2 liters and was good for 270 hp, which was a 12% bump over the 308 QV. Top speed was upped to approximately 163 mph, and the price for a new GTB in 1988 was $71,900.

In 1989, Ferrari replaced the 328 GTB and 328 GTS with the new 348 TB and TS models. The new car was a departure from the 308 and 328 that came before it, being more in line with the cues established by the Testarossa.

Ferrari 328s can be great fun to own and drive, provided you follow a preventative schedule of maintenance that includes the timing belts every three to five years. It is also wise to avoid cars with rust, as this can be costly to fix. More than 6,000 Ferrari 328 GTS models were manufactured, and more than 1,300 closed cars were produced, meaning buyers can afford to be selective.

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Common Questions

The value of a 1987 Ferrari 328 GTB can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $107,000 for a 1987 Ferrari 328 GTB in good condition with average spec.

The highest selling price of a 1987 Ferrari 328 GTB at auction over the last three years was $157,000. 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 1987 Ferrari 328 GTB at auction over the last three years was $157,000. 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 1 1987 Ferrari 328 GTBs sold at public auction.

The most recent auction sale of a 1987 Ferrari 328 GTB was $157,000 on August 31, 2023 by Bring a Trailer.

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.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.