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1989 Ferrari 328 GTS

Posted by WindingRoad about 3 months ago
$119,500

Decription:

1989 Ferrari 328 GTS

s/n ZFFXA20A4K0082092 

Red with Black Leather Interior

Fresh Major Service by Patrick Ottis & Co, May 2017. Highly Desired Final Production Year, ABS Equipped. Just 9,834 Miles From New. Books, Tools, Window Sticker, Documentation.

The sports cars created during the outstanding lifetime of the great Enzo Ferrari must be counted among the best in the world. The brand that would proudly carry his name would spawn some of the most amazing cars of the century. By the mid-80s, however, the most critically important car to the Ferrari brand was the 308. With only 40 years of development since the first purpose-built racing Ferrari, the 308 set an unprecedented production and performance standard ultimately growing the company to new heights. And for the aging Enzo Ferrari, the 328, produced just after Enzo Ferrari passed away in 1988 would be among the last of the “Enzo Era” cars. Succeeding the highly popular 308, the 328 continued refinement with increased displacement, boosting the 3.2 liter V8 to 270hp. Offered in both Hardtop and Spider configuration, the design had evolved quite a bit from the earlier 308 series cars. The 328 featured new exterior door handles, handsomely blended body-colored front and rear bumpers with more integrated fascias, and an all new dashboard, switch gear, and interior door trim. Additionally, in late 1988 and 1989, ABS brakes became available, making this series of transverse mid-engine designs the last of its kind – truly the end of an era. Today the 328 is highly regarded for performance and usability, ease of maintenance (engine does not need to come out for timing belt service), and styling that not only has aged gracefully, but has become classic among collectors worldwide. 

This particular two-owner car must be counted among the lowest original mile 328s in existence. Delivered August 28, 1989 and sold through San Francisco Ferrari for $84,780.00 (copy of the window sticker included with records), this car was pampered by the first owner who accumulated minimal miles with odometer statements to verify his use. Currently under the longtime custodianship of an interesting sports and entertainment entrepreneur, the car has continued the low mile documented history. In 1994, the car had covered a mere 982 miles, receiving warrantee “Coupon A” service at Ferrari of Los Gatos (receipt on file). A decade after delivery in 1998, Patrick Ottis serviced the car with 4,201 miles (including a 200 mile run-in to check all systems). By the year 2000 this 328 had amassed only 6,378 miles when it had its first major service, once again by expert Patrick Ottis, totaling $5,304.00. Today with only 9,832 original miles, Patrick Ottis has once again performed a full engine out “major” belt service to this fine car in preparation for sale. With mileage documentation and known history since new, this 328 is unquestionably one of the lowest mile examples available on the market.

Today the car exhibits a strong visual presentation with excellent paint, beautiful gloss, and uniform coverage throughout. All lighting, lenses, and emblems remain in excellent condition. The wheels are in very nice condition overall with just a slight edge mark on one of the rim bead edges. The black accessories and black anodized trim are in excellent condition showing only slight fading and no signs of excessive sun damage, indicating the car has spent most if not all of its life stored safely indoors. The interior of the car appears very well cared for with light signs of age to just a few surfaces. The black leather seats have light aging evident, but the driver’s seat bolster (often exhibiting edge wear or foam deterioration in cars of similar age) remains in nice condition, and the leather has never required re-dying. The instruments appear as new as do the various console switches, rotating knobs, and beautiful aluminum switchgear plate. Even the seatbelt fabric and glossy black seatbelt receptacles are in as new condition. Carpeting is in very good condition along with the factory original roof. The factory tool roll, tools, and spare belts are in new condition. It is doubtful that any of these original tools have been used. 

Under the hood, this 328 continues to exhibit as one of the lowest mileage 328s available on the market. All factory fittings, components, and fasteners remain as assembled by Ferrari. The only exceptions are various required items replaced during the engine service as noted on the Patrick Ottis invoices. The underside of the car is further evidence supporting this low mile history, showing very little road wear, excellent metal suspension components, no floor-pan damage, and very nicely preserved hard and soft lines and rubber suspension components. 

The car starts, runs, and drives as one might expect such a low mile car to perform. The clutch and gearbox function in harmony with smooth operation and delightful feedback in downshifts. The car runs and drives essentially like a brand new Ferrari from 1989. The steering and suspension are tight and solid, inspiring confidence even on short drives. The brakes operate responsively, in part due to the ABS system, but also due to the minimal miles accumulated over the past four decades. Overall the driving experience is quite gratifying, engaging and a nice reminder of the days when manual shifting presented sports car driving at its best. 

This properly maintained and preserved, two-owner, low mile 328 Ferrari GTS has been cared for and serviced since new by specialists and dedicated owners. With desirable ABS (offered only very late in 1988 and 1989) these 328s regularly sell for 20-25% more than 1986-1988 models. The car is offered with all records, service receipts, a copy of the window sticker, dealer documentation, odometer disclosure statements, all books, manuals, warrantee booklet, a complete set of tools, belts, and various factory accessories delivered when new. Eagerly awaiting new ownership, this 328 GTS, the last of the “Enzo Era” Ferraris, resplendent in spider configuration, is ready for open road driving or with a final detailing, Ferrari Concours showing.

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