This Ferrari 328 got away, but there are more like it here.

This 1989 Ferrari 328 GTS is finished in Azzuro Metallic over red leather and was sold to its first owner by Ferrari of Houston on August 15, 1989. The car was purchased on November 6, 1990 with 2,045 miles by its second owner, who retained it until November 6, 2013 at 18,469 miles. The selling dealer acquired this Ferrari directly from its third owner in May 2018, and the odometer now shows just 19,047 miles. Power comes from the original 3.2-liter DOHC V8, which is mated to a 5-speed manual transaxle equipped with a factory limited-slip differential. Over the years, this 328 has won multiple Platinum awards, three Preservation-class awards at the Cavallino Classics, and an Excellence in Class award at the Mar-a-Lago Classic Car Sunday event. Originality is certified via “Red Book” Ferrari Classiche documentation, as well an album starting with the original window sticker and running up through the present. On May 8, 2018, an engine-out service was performed by Gregg Jones of Stewart, Florida, including new timing belts and tires. This Ferrari is now being offered in San Diego, California with a clear Carfax, comprehensive service records, and a clean Florida title.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

The seller states that he has talked to all three owners of this Ferrari, who confirmed that the car has never been in an accident and retains its factory Azzuro Metallic finish. Cosmetic flaws are reportedly limited to a few small paint flaws, which the seller details in the 170+ photo gallery below.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

As shown in these photos, the exterior has been kept stock, including factory trim. Correct 16×7″ front and 16×8″ rear five-spoke alloy wheels are equipped. A new set of 205/55 front and 225/50 rear Goodyear Eagle Sport tires were installed just prior to this auction.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

The red leather upholstery is accented by dark blue carpeting, and the cabin has also been kept completely stock according to the seller.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

Currently the mechanical 5-digit odometer shows 19,047 miles, which is corroborated by documentation from new, known ownership history, Classiche documentation, and the included Carfax.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

The 3.2-liter quad-cam V8 features Bosch K-Jetronic fuel-injection and is mated to a 5-speed manual gearbox. On May 8, 2018 the car had an engine-out service performed by Ferrari-specialist Gregg Jones in Stewart, Florida. New timing belts were installed at this time, and an invoice for the work accompanies the sale. A compression check was also performed by the seller prior to this auction, revealing 178, 175, 175, 181, 185, 175, 178, and 184 psi in cylinders 1-8 respectively. The seller will provide a current emissions test certificate should the next owner reside in California.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

This 328 GTS is powered by engine #16876, which matches the Ferrari Classiche documentation and is original to the car. Photos of the matching transmission, chassis, and body numbers are also provided in the gallery, and are confirmed to be correct in the Classiche “Red Book.”

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

Service records from new are included along with various supplemental materials and literature. The factory manuals, tool kit, jack, and spare are also detailed in the photo gallery.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

Several detailed undercarriage pictures are displayed in the gallery as well.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

This particular 328 GTS has won multiple Platinum awards, three separate Cavallino Classics Preservation-class awards trophies, and an Excellence in Class award at the Mar-a-Lago Classic Car Sunday event. All awards and trophies are included with the sale.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

According to the original window sticker, this Ferrari carried an original MSRP of $84,780.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

Several pages of the Ferrari Classiche “Red Book” are detailed in the gallery below. The book confirms that this 328 GTS displays matching-numbers throughout and remains in stock specifications.

Platinum Winning 19K-Mile 1989 Ferrari 328 GTS

According to the accident-free Carfax, this Ferrari was sold new in Houston Texas before moving to Pennsylvania in November 1990 with its second owner. The car stayed in Pennsylvania until August 2013 when it made a brief stop in California before heading to Florida with its third owner in November 2013. The seller purchased the car in May 2018 and transported it to San Diego, where it resides today.

Filed under: 328

Road Tests

Auction Result

High Bid USD $102,000 (Reserve Not Met)
Auction Ended June 8, 2018 at 11:14AM PT
Bids 23
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BaT Essentials

Seller: Bill_Noon
Listing Details
  • Chassis: ZFFXA20AXK0081609
  • 19,047 Miles
  • Orignal 3.2-Liter Quad-Cam V8
  • 5-Speed Manual Gearbox
  • 4.06 Limited-Slip Differential
  • Azzuro Metallic over Red Leather
  • Recent Timing Belt Service
  • New Tires Just Installed
  • Fully Documented History
  • Red Book Classiche Certified
  • Multiple Platinum Award Winner
  • Cavalino Classics Awards
  • Mar-a-Lago Classic Car Sunday Award
  • Clean Carfax
Private Party or Dealer: Dealer
Additional Charges From This Dealer: USD $85
Lot #10142