Ferrari 328 GTS 1989 Platinum Concours Winner Only 18.8k Miles

Price: US $150,000.00 Item location: Sonoma, California, United States
  • Condition: Used
  • Make: Ferrari
  • Model: 328
  • SubModel: GTS
  • Type: Coupe
  • Trim: GTS
  • Year: 1989
  • Mileage: 18,800
  • VIN: ZFFXA20A9K0082959
  • Color: Blue
  • Engine size: V8 Gasoline
  • Number of cylinders: 8
  • Power options: Power Windows
  • Fuel: Gasoline
  • Transmission: Manual
  • Drive type: RWD
  • Interior color: Tan
  • Safety options: Anti-Lock Brakes
  • Options: Leather Seats
  • Vehicle Title: Clear
  • Want to buy? Contact seller!
Description:

1989 Ferrari 328 GTS

This particular 328 GTS was built in August 1989 and it was one of the very last 328's ever made!Model year 1989 production #'s starts at 78835 and ends 83136 and my 328 GTS is 82959.This Ferrari is investment quality with less than 19k miles and it was the Ferrari Club of America Platinum Concours (First Place) award winner at Concorso Italiano, s shown in photos.
This model is much rarer than many people realize. Only 1089 328GTS models were produced in 1989 (see link below) and very few were made in blue. Even fewer have less than 19k miles and are Platinum Concours awarded:
http://www.ferrarichat.com/forum/308-328/412930-328-production-number-breakdown.html
A very low mileage 1989 Ferrari 328 GTS sold at RM Auctions in 2014 for about $260,000 (it had about 250 miles) and prices have gone up since:
http://www.rmauctions.com/lots/lot.cfm?lot_id=1069445
The February 2015 issue of Hemmings call the 328 the perfect 1980's supercar to buy now and says its a surefire collectible. It also says that with prices at $150k for top examples, ven that will soon look cheap:
http://www.hemmings.com/hsx/stories/2015/02/01/hmn_buyers_guide1.html
The 328 GTS was the #1 car picked by Haggerty in "10 Old Cars Turning into collectable classics in 2015":
https://autos.yahoo.com/photos/the-10-old-cars-turning-into-collectable-classics-in-2015-1423589548-slideshow/
This 1989 Ferrari 328 GTS is in excellent condition. This car was designed when Enzo Ferrari was still alive and it has the coveted 5 speed gated shifter. With the average new Ferrari costing about $275k, hese cars are relative bargains now and are starting to increase in value. They are not making any more of these and this model is becoming very hard to find, specially with only about 18.8k miles. Furthermore, he 1989 model is the most desirable and most valuable to collectors due to a number of refinements including ABS brakes. This model is in a rare and gorgeous blue metallic color. It has an excellent service history and it had a major $8k service less than 700 miles ago, o it is ready to enjoy. I was going to keep this car forever, ut I rarely drive it because it is kept in a garage at a relative's house which is not close to where I live and they plan to move so I need to sell the car as I don't have the garage space.
If this award winning, xtremely low mileage and well-serviced car was at a dealer the price would be significantly higher. In Europe, hese cars cost about twice as much on average as they do here and many Europeans are buying these cars in the US and shipping them back. With a very high serial number of 82959, his is one of the last 328's ever produced (83136 was the last one making this one of the last 200 ever made). This adds to the collectibility and investment quality of this car. These cars are not depreciating in value, n fact they are going up and are poised for very big gains in the coming years. If you buy a new Porsche for over $100k, ou can watch it depreciate to about $35k over the next 10 years. I think a classic car like this makes a lot more sense financially because it is likely to rise in value, nd it is much rarer than a 911. In 10 years or so, top example 328 GTS could follow the same price trajectory as the model it replaced: A top, ward winning and low mileage example of the 246 GTS can go for about $500k.
Due to its exceptional interior and exterior condition, his particular car is an award winner as it has the platinum award from the Vintage Concours in Woodland Hills. This car includes all books, ools, ervice records since new, oth keys, two sets) and a clean carfax report. This car comes with a trickle charger which makes it easy to maintain.Of course it also comes with the Platinum Concours Award plaque as shown in the photo. This is an investment quality car due to it being a 1989 model, concours award winner, ne of the last 328's ever produced, t has a rare blue color, n exceptionally clean tan interior and because of the extremely low miles and proper service history since it was new. All of these factors make this a truly special car. I can provide photos of the service records to any serious buyers. I reserve the right to end this listing early.