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

This 1988 Ferrari 328 is one of approximately 6,068 removable-top GTS examples produced, and it shows 12k miles following the current owner’s purchase in 2023. The car is finished in Rosso Corsa over Testa di Moro leather upholstery, and power is provided by a fuel-injected 3.2-liter V8 paired with a five-speed manual transaxle. Equipment includes a limited-slip differential, convex 16″ Speedline five-spoke alloy wheels, four-wheel ventilated disc brakes, a gated shifter, a Blaupunkt cassette stereo, power windows, and air conditioning. Work performed in 2025 is said to have included installing Hill Engineering tensioner bearings, rebuilding the water pump, and replacing the timing belts, spark plugs, fuel filter, and distributor gasket. This 328 GTS is offered by the seller on behalf of the current owner with manufacturer’s literature and a clean California title in the owner’s name.

12k-Mile 1988 Ferrari 328 GTS

The Pininfarina-designed body is finished in Rosso Corsa and features a removable black roof panel. Additional exterior details include pop-up headlights, integrated fog lights, side air intakes, a power antenna, a black spoiler mounted over the rear window, and quad exhaust tips exiting through the rear valance. Paint protection film has been applied to the fenders and forward-facing surfaces, and the seller notes a blemish on the right side air intake and beneath the film on the front bumper. Close-up photographs of the exterior finish and trim are shown in the gallery below.

12k-Mile 1988 Ferrari 328 GTS

Staggered-width convex 16″ Speedline five-spoke alloy wheels are mounted with Pirelli Cinturato P7 tires. Braking is handled by power-assisted ventilated four-wheel discs with ABS, which was introduced to the 328 in the middle of the 1988 model-year production. The brake fluid was changed in 2025.

12k-Mile 1988 Ferrari 328 GTS

The seats are trimmed in Testa di Moro leather and are complemented by color-coordinated door panels and carpets. Interior amenities include a gated shifter, a Blaupunkt cassette stereo, power windows, a rear-window defroster, and air conditioning, the latter of which was recharged in 2025.

12k-Mile 1988 Ferrari 328 GTS

The three-spoke leather-wrapped steering wheel frames Veglia instrumentation consisting of a 180-mph speedometer, a 10k-rpm tachometer, and gauges for oil pressure and coolant temperature. Gauges for oil temperature and fuel level are mounted in the center of the dashboard along with an analog clock. The five-digit odometer shows 12k miles.

12k-Mile 1988 Ferrari 328 GTS

The mid-mounted 3.2-liter Type F105 V8 features Bosch K-Jetronic fuel injection and four valves per cylinder. Factory-rated output was 260 horsepower and 213 lb-ft of torque. A timing belt service was completed in April 2025, at which time Hill Engineering tensioner bearings were installed, the water pump was rebuilt, and the spark plugs, fuel filter, and distributor gasket were replaced.

12k-Mile 1988 Ferrari 328 GTS

Power is sent to the rear wheels through a five-speed manual transaxle and a limited-slip differential. The transmission fluid was changed in 2025.

The Carfax report is free of accidents or other reported damage from its first entry in September 1994. 

Filed under: 328

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Auction Result

Winning Bid USD $115,000 by R56JCW
Auction Ended June 17, 2025 at 11:18AM PT
Bids 20
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BaT Essentials

Seller: LM-Cars
Location: Burlingame, California 94010
Caramnel verified checkout

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Listing Details
  • Chassis: ZFFXA20A9J0078733
  • 12k Miles Shown
  • Fuel-Injected 3.2-Liter V8
  • Five-Speed Manual Transaxle
  • Limited-Slip Differential
  • Rosso Corsa Paint
  • Testa di Moro Leather Upholstery
  • Convex 16" Speedline Five-Spoke Alloy Wheels
  • Four-Wheel Disc Brakes
  • Gated Shifter
  • Blaupunkt Cassette Stereo
  • Power Windows
  • Air Conditioning
  • Clean Carfax Report
Private Party or Dealer: Private Party
Lot #196410


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