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Classic Ferrari With Gated Manual Can't Sell, Vendor Makes It Cheaper

1987 Ferrari 328 GTS 16 photos
Photo: Garage Kept Motors
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There's only one big reason a vehicle fails to sell: the high asking price. That's why this 1987 Ferrari 328, which features a dreamy transmission hooked up to a small displacement V8, couldn't find a new home. But maybe things will be different this time around. After all, it's cheaper now.
Our original coverage of this classic Italian supercar dates back to late May, and back then, the asking price used to be $92,900. So, given that it failed to attract a buyer over the last month, how much do you think it costs now? The revised ad reveals a sticker price of $87,900. So, it is $5,000 cheaper. And we reckon you could get it for less, assuming your negotiating skills are high.

So, what would you get in return for paying about as much as a more modern (yet defunct) Dodge Challenger SRT Hellcat? Well, a classic Italian supercar that also features a V8, albeit one that does not whine. The 3.2-liter unit is naturally aspirated and connected to a five-speed gated manual transmission. To its excuse, this model had no automatic option back then.

This 1987 Ferrari 328 GTS used to enjoy 270 horsepower (275 ps/201 kW) back in the day, nearly forty years ago, yet we think some of those wild horses have escaped since then. Thus, it has less power than a modern-day front-wheel drive compact hot hatch. Still, it will give you a more serious adrenaline shot. After all, you're looking at a rear mid-engine machine with pure rear-wheel drive, one that preceded the 348, F355, 360, F430, 458, 488, and F8 in Ferrari's lineup.

1987 Ferrari 328 GTS
Photo: Garage Kept Motors
If you missed our original coverage of this classic Italian stallion with an open-top view of the sky above, then you should know that it has a single owner in the papers. We kid you not; this vehicle has been in the possession of the same person since it left the factory floor back in 1987, and it's been constantly serviced at Cauley Ferrari. The odometer reveals 51,153 miles (82,323 km), which is not bad at all for an almost 40-year-old vehicle.

It has a white look, retro-painted wheels, a removable black hardtop, a beige interior with lots of leather upholstery, and the usual lecture accompanies it. We think this old-timer deserves a nice home and a new owner who's not afraid of elbow grease. After all, it may be old, but it still is a blue-blooded exotic, and we all know that maintenance can be a pricey pain, don’t we?

Does it tickle your fancy? Well, you should click on this link, as it would be the first step in signing your name on the dotted line. But if you had some $90k lying around, would you buy this Ferrari?
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About the author: Cristian Gnaticov
Cristian Gnaticov profile photo

After a series of unfortunate events put an end to Cristian's dream of entering a custom built & tuned old-school Dacia into a rally competition, he moved on to drive press cars and write for a living. He's worked for several automotive online journals and now he's back at autoevolution after his first tour in the mid-2000s.
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