700-mile, '89 328 GTS in Black Time Capsule just popped up on BaT

Discussion in '308/328' started by sixcarbs, Jun 27, 2020.

  1. sixcarbs

    sixcarbs F1 Veteran
    Rossa Subscribed

    Dec 19, 2004
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  3. conan

    conan Formula Junior

    Nov 13, 2011
    Looks brand new! 140+ photos and none from under the car. Would be nice to see.
  4. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Rossa Subscribed Owner

    May 4, 2001
    Birmingham, AL
    Full Name:
    The new owner will pay a substantial premium, trailer it home and just look at it to keep the miles down until they sell it for about what they paid.

    Fun car...
    sherrillt, derekw, Jbrauer and 2 others like this.
  5. topcarbon

    topcarbon Formula 3

    Nov 3, 2006
    Illinois / Mexico
    Full Name:
    You would really have to hate the car that much to never drive it for that many years.
    It’s like you look at the car and say, today, I won’t drive you.
    Garage art that has been rendered useless over time
    Why marry a super model and Vow never touch her? me, I’m going to drive. Not saving her for the next guy
    Gary Sandberg and 19633500GT like this.
  6. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    #80501, very close to my own Black (but Black Metallic) #80515, produced February 24th, 1989; that car should have been built a day or two before mine.
    Note that it has the "dark burgundy" leather pouch fr the manuals, typical of most '89s.
    Spark plug tool missing from the tool roll...Just saying...

    Rosey likes this.
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  8. jlonmark

    jlonmark F1 Rookie

    Mar 29, 2005
    Beverly Hills, CA
    Full Name:
    Usually the worst market place for a 328! There was one with 18,000 miles, think it was bid to $60,000 and the guy wanted $90. These are such great driving cars!
  9. rocket50

    rocket50 Formula Junior
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    Apr 9, 2004
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    No thanks. I will keep my 88 with 33K on it and continue to drive it whenever I can.
    Gary Sandberg likes this.
  10. Zeus

    Zeus Formula Junior
    Silver Subscribed

    Apr 28, 2007
    Palm Beach
    Full Name:
    Just sold for $228,250. The twin to my car...I better keep the miles down!
  11. tbakowsky

    tbakowsky F1 World Champ
    Professional Ferrari Technician Consultant

    Sep 18, 2002
    The Cold North
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    Wow! That is a crazy number..holy smokes..completely unexpected..
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  13. 308 milano

    308 milano F1 Rookie
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    Jan 15, 2007
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    Wow is right!
    sherrillt and Dane like this.
  14. miketuason

    miketuason F1 World Champ
    Silver Subscribed Owner

    Feb 24, 2006
    Cerritos, CA.
    Full Name:
    I think that price is still kind of low.
    Rosey likes this.
  15. Dr Tommy Cosgrove

    Dr Tommy Cosgrove Three Time F1 World Champ
    Rossa Subscribed Owner

    May 4, 2001
    Birmingham, AL
    Full Name:
    The buyer could have bought 3 nice ones that he could actually use for that money.

    These cars are great to look at but they are a helluva lot more fun to drive.

    This one will get pushed on and off trailers now until the sun supernovas.

    I guess a good plus is you never need to worry about belt services on that thing.

    Very, VERY well sold.
    Texas Forever and Dane like this.
  16. mike32

    mike32 F1 Rookie

    May 13, 2016
    I wonder how many sets of tyres it had in its life
  17. Fausto Tersigni

    May 4, 2020
    I watched that auction as it happened it was a crazy end, like a prize fight with 3 bidders. crazy. should i keep my miles low on my 328? NAHHHHHHH
  18. greg288

    greg288 Karting

    May 28, 2007
    We had one in the shop a while back that had less than 1K miles on it.
    It looked like new, smelled like new inside, and drove absolutely horribly from never getting exercised.
    Conversely, I have been surprised many times by a car that looks like an absolute roach but, once you take it out on the road, it drives amazingly well.
    tbakowsky, Rosey and Gary Sandberg like this.
  19. ginoBBi512

    ginoBBi512 Formula Junior

    Oct 9, 2016
    I completely agree with all said above.

    That poor car has been begging to be driven for over 3 decades, and it appears that no one is listening.

    Thank you
  20. Mule

    Mule F1 Rookie
    Rossa Subscribed

    Jun 25, 2003
    Full Name:
    The second place bidder can call me if he wants an '89 black/black GTS for only $200k.
    sherrillt likes this.
  21. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    Well, you know I'm kinda fan of "Time Capsules": here is another one, the last addition to the list; #77722, a poor Left Hand Drive "euro" '88 GTS sold new in Italy with 1.300 miles on the odometer since new and stored in the U.K; it will be auctionned at the beginning of August, let's see how much it will fetch...

  22. Rossocorsa1

    Rossocorsa1 F1 Rookie
    Silver Subscribed

    May 14, 2017
    I have no issues with the car being preserved as a time capsule. I work hard to keep mine that way as well. I love seeing a perfectly maintained and persevered car. People should enjoy their cars as they wish. If you have a driver with a ton of miles on it, enjoy. If you choose to enjoy your car in other ways, great. I drive my cars, but I also enjoy keeping their miles to a minimum and maintaining them In perfect, as new condition. Showing cars at top concours is where I gain most of my pleasure in ownership.

    As for the price, I say, finally. The finest examples of these cars should command prices like that, if not more. Like it or not, that car is at the top of the heap for a GTS. Obviously, given that I own a GTB, I’m always happy to see the 328 market rise. I hope this sets a standard for other premium examples in the future.
    Rosey likes this.
  23. Brian A

    Brian A Formula 3

    Dec 21, 2012
    SanFrancisco BayArea
    Full Name:
    1983 US 308 GTS QV
    It was great meeting you at the 2018 The Quail Motorsports Gathering. Your car is truly spectacular. I totally "get" where you're coming from. Not everyone who maintains/restores cars to pristine condition shows them though and I find that kind of sad. Some are just tucked away in warehouses gathering dust.

    It continues to be a mystery to me why 3x8s trade so inexpensively. Even driven cars should be a quarter million dollars. By most manufacturers standards they are extremely rare cars (13,000 + 7,000). Porsches and Jaguars with comparable production numbers command higher prices. I think there are two factors at play; 1. they are not the Ferraris where only a dozen were made and have no racing history so the upper tier collectors ignore them and 2. there is a whole general mythology surrounding Ferraris that gets in their way; maintenance heavy (pfff: not true), temperamental (ditto) and too precious to drive (umm, you're guilty as charged :p ).
  24. Jedi

    Jedi Two Time F1 World Champ
    Lifetime Rossa Owner

    Mar 18, 2008
    Seattle Area
    Full Name:

  25. thorn

    thorn F1 Rookie

    Aug 7, 2012
    Tallahassee, FL
    So how much would insurance be on my 308 if the value suddenly went overnight from $70k to $250k?

    (Not really seeking the answer. Just pointing out a downside.)
  26. Fausto Tersigni

    May 4, 2020
    In Tallahassee? Not much LOL ;-) try insuring your cars in Fort Lauderdale!
    thorn likes this.

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