The last of the cars overseen by Enzo Ferrari – the 1989 Ferrari 328’s are regarded as the last of an era of handmade cars at the factory in Maranello, Italy. Only 6,068 GTS cars were produced with 1989 being the most sought after because of refinements with engine, suspension, braking, and interior changes for the series. The values of these cars have been going up and show no sign of wavering. Obviously many enthusiasts are hoping to find a great one before the ship sails and they become similar to the 246 Dino in desirability for an era of boomers and gen-x’ers and pricing goes out of reach.
With that out of the way, let’s talk about this car.
The car is really immaculate and ready for your collection and being entered in concours events across the US. You would be hard-pressed to find a nicer car at this price level in this condition.
Ordered in Rosso Corsa with Beige leather interior and Beige carpets, this classic color combination is undeniably gorgeous and what most people first think of when someone mentions a Ferrari. It takes the fan favorite Magnum PI 308 and brings it to that next, more modern level with many, many upgrades and refinements mechanically and aesthetically.
The car was delivered brand new, April 7, 1989 at Steve Kessler Motorcars in New York. The 328 is considered a very reliable car and one of the lowest cost Ferrari’s to maintain and this one is no exception. The car has only needed annual services for fluids, brakes, battery, hoses, and inspections along with recall campaigns the last 26 years. The car has been serviced several times for major services in its life – most recently at Ferrari of Central New Jersey and a sought after old-school independent trained at the factory. Last week, we had new belts and bearings installed and another major service performed. We added brand new tires, shiny new lug bolts, and had a new battery put in. We had the mechanic go over the car piece by piece to make sure it is just as good mechanically as the car looks aesthetically. We’ve never had any trouble with it and it’s been bulletproof.
The 328 had only 19,520 miles at time of the photo shoot last week. It will likely have a few more miles added because of service updates at the dealer prior to sale. As you can see from the photos, the 328 is in wonderful condition. We have made sure it was well taken care of. The original paint is in great shape with no real noticeable marks or issues.
The leather interior is unmarred and the seat bolsters are in excellent condition, with nothing more than very light signs of use on the driver’s side. The dash has no leather pulling. The spare wheel and tire up front have never been used. The vinyl trunk cover zips correctly without any gaps. A second Alpine radio replaced the original Sony the dealer installed and it works fine.
The windows are clear and they go up and down normally so for those that crave an all-OEM car, this one is ready for Classiche certification, concours, car shows, etc. All doors and lids open and align properly. Basically, the car is just what you would expect with low-miles and one caring owner.
The manual steering is fantastic and provides the full, small, go-cart type feel that has been lost with newer models. The gated, 5-speed manual gearbox is smooth after a warm up as all the older cars take a little heat in the oil to get into 2nd gear smoothly. The clutch is easy to use and solidly biting. The brakes with the ABS work as intended with good pedal feel. The car revs and accelerates very smoothly and strongly. The car has the OEM stock exhaust. The tubi doesn’t really improve much on the 328 sound – just saving some weight. You will be having fun with both hands and feet with this car.
The car comes with original owners manual, stamped maintenance book, and leather pouch as well as the emergency service light.
The car comes with two original ignition keys and two door keys included. It also has the original window sticker and bill of sale.
There are only a few, real detractions for the the near-perfect car. It does not have any covers for the car, seats, or wheel. They were misplaced after moving to a new house in the past. The targa top mounting pin is a little worn from use. And the rear bumper was repainted after a bump in a grocery store parking lot while the car was parked. You won’t notice or be disappointed with the work done to fix it, but we want to disclose everything to the new buyer. No other issues. We’d find a set of the covers on ebay and a set of matching Schedoni luggage to make the car fully as complete as possible.
We have the clear New Jersey title from 1989 in hand. We are happy to email copies of the current CARFAX report along with VIN / chassis numbers to serious buyers. We welcome PPI’s at buyer’s expense. You will find the car just as described.
Hopefully this description has answered most questions about the car and excites you as to the ownership opportunities. This 328 is in immaculate condition.
You can contact us with any questions. We’ll answer them quickly.