The 1987 Ferrari 328 is a mid-engine, rear-wheel-drive sports car that succeeded the 308. Produced from 1985 to 1989, it was available as a GTB (Berlinetta) coupe and GTS (Targa) removable-roof coupe. Its popularity stems from its classic Ferrari V8, Pininfarina styling, and accessible exotic car ownership experience. Original pricing was in the $50,000-$60,000 range.
The Good
The 1987 Ferrari 328 offers exhilarating V8 performance and iconic Italian design that stirs the soul. Practically, it's considered one of Ferrari's more reliable models of its era, offering a rewarding driving experience with a surprisingly comfortable interior for its class.
The Bad
Potential owners should be aware of aging rubber and plastic components, potential for rust in certain areas, and the need for meticulous maintenance. Brake system components and exhaust manifold cracks are also points to scrutinize during inspection.
1987 Ferrari 328: Quick Overview
- Engine Options: The 1987 Ferrari 328 features a single engine option: a 3.2-liter (3186 cc) naturally aspirated V8 engine.
- Horsepower: This V8 engine produced approximately 270 horsepower at 6,500 rpm.
- Torque: Torque figures were around 230 lb-ft at 5,500 rpm.
- Fuel Economy: Fuel economy is a secondary concern for most owners, but expect around 13-15 MPG combined.
- 0-60 Times: Acceleration figures for the 1987 328 typically range from 5.5 to 6.0 seconds.
- Top Speed: The top speed is generally quoted around 160-165 mph.
- Transmission: A 5-speed manual transaxle was standard.
- Drivetrain: Rear-wheel drive.
- Towing Capacity: Not applicable; this is a sports car designed for performance, not utility.
- Trim-Level Features: The primary distinction between trims was the body style: GTB (coupe) and GTS (Targa top). Both offered similar levels of luxury for the era. Features typically included leather upholstery, power windows, air conditioning (though often not very effective), and a basic AM/FM radio/cassette player. The GTS featured a removable roof panel for open-air driving. Later models received minor updates, but the core features remained consistent across the 1987 model year. The V8 engine was centrally mounted, contributing to excellent weight distribution.
1987 Ferrari 328 Specifications
Vehicle Information
| Year | 1987 |
| Make | Ferrari |
| Model | 328 |
| Trim | - |
| Style | - |
| Type | Coupe |
| Category | Compact Car |
Manufacturing Details
| Made In | Italy |
| Manufacturing City | MARANELLO |
Dimensions
| Doors | 2-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 3.2L V8 |
| Engine Size | 3.2L |
| Engine Cylinders | 8 |
| Transmission | 5-Speed Manual |
| Transmission Type | Manual |
| Transmission Speeds | 5-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
Vehicle History Report
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What Problems Does the 1987 Ferrari 328 Have?
The 1987 Ferrari 328 is generally considered one of Ferrari's more reliable models from the 1980s, but it is not without its potential issues, especially given its age. Common concerns often revolve around the aging of rubber and plastic components throughout the car. This includes hoses, seals, and fuel lines, which can degrade over time and lead to leaks or failures. Electrical gremlins, while not as prevalent as in some other Italian cars of the era, can also surface, often related to aged wiring or connections. The cooling system is another area that requires vigilance; radiator leaks, water pump failures, and fan issues are not uncommon and can lead to overheating if neglected. Exhaust manifolds are known to develop cracks due to the heat cycles, which can affect performance and sound. For the 1987 model year specifically, there are no widespread, model-year specific recalls that stand out significantly. However, general maintenance and preventative measures are crucial. Long-term reliability is heavily dependent on how well the car has been maintained and serviced throughout its life. Cars with a documented service history, especially those performed by specialists familiar with Ferraris, tend to be the most reliable. Neglected examples can become costly to repair, requiring attention to the engine, transmission, and suspension. The clutch also experiences wear, as expected in a manual transmission sports car. While not a frequent problem, it's a component to inspect during a pre-purchase evaluation. Overall, with diligent care and adherence to recommended maintenance schedules, the 1987 328 can be a dependable exotic.
How long will the 1987 Ferrari 328 last?
Estimating average mileage for a 1987 Ferrari 328 is challenging as many are treated as collector cars with low mileage. However, examples that have been regularly driven often see between 3,000 to 5,000 miles per year. Well-maintained examples can easily exceed 150,000 miles. The long-term durability of the 328 is quite good, especially for its powertrain, provided it receives regular and proper maintenance. The chassis and body are generally robust, though vigilance against rust in vulnerable areas is recommended. Weaknesses that emerge over time are primarily due to component aging, such as rubber parts, electrical connectors, and suspension bushings. These are typical for any vehicle of this age and can be addressed with diligent upkeep, ensuring the car remains a reliable and enjoyable machine for decades.
What Technology & Safety Features are Included?
The 1987 Ferrari 328 is a product of its time, meaning its technology, entertainment, driver-assistance, and safety features are rudimentary by modern standards. Built-in tech was limited to essentials. The entertainment system typically consisted of an AM/FM radio with a cassette player, often from brands like Blaupunkt. Climate control was present, with air conditioning being a common, though not universally standard, option. Its effectiveness varied. Power windows were also standard. Driver-assistance features as we know them today were virtually non-existent. There were no electronic stability control systems, traction control, or advanced cruise control. The primary driver assistance was the car's excellent mid-engine chassis balance and responsive steering, which allowed for precise control in skilled hands. Safety features were also basic. The car featured a robust, albeit dated, safety cage structure for occupant protection. Seatbelts were standard, of course. Anti-lock braking systems (ABS) were not standard on the 1987 328; they became more common on later Ferrari models. Airbags were also not a feature of this model. Crash-test ratings for vehicles of this era, especially exotic sports cars, were not conducted in the same rigorous and standardized manner as they are today. Comprehensive crash-test data from official agencies like the NHTSA or IIHS for the 1987 Ferrari 328 is not readily available or comparable to contemporary vehicles. The focus was on structural integrity for its intended performance envelope. Optional features were minimal and generally related to comfort or minor aesthetic enhancements, rather than technology or safety. The most significant optional feature would have been the Targa top (GTS) versus the fixed coupe roof (GTB).
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
1987 Ferrari 328 Prices and Market Value
When new, the 1987 Ferrari 328 typically retailed between $50,000 and $60,000 USD, depending on options and body style (GTB vs. GTS). These cars were expensive, exotic machines. In today's used market, prices for a 1987 Ferrari 328 have appreciated significantly. Well-maintained examples in good condition can fetch anywhere from $70,000 to $120,000 or more, with rarer or exceptionally pristine examples commanding even higher figures. The 328 has demonstrated strong value retention and appreciation, unlike many mass-produced cars that experience steep depreciation. Factors affecting resale value include originality, mileage, maintenance history, color combination, and overall condition. A complete service record from reputable Ferrari specialists is a major plus. Limited production numbers and its status as a desirable classic Ferrari also contribute to its strong market performance.
1987 Ferrari 328 Cost of Ownership
Owning a 1987 Ferrari 328 is decidedly costly. Insurance premiums will be high due to its value and exotic nature. Fuel economy is poor, typically in the 13-15 MPG range. Maintenance and repair costs are significant; specialized knowledge and parts are required, making routine servicing and any unexpected repairs expensive. Expect to pay a premium for mechanics experienced with vintage Ferraris. While it offers an incredible driving experience, it is far from economical. Long-term ownership demands a substantial budget for upkeep, ensuring its iconic performance and condition are preserved.
1987 Ferrari 328 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
0 mpg
Highway Mileage
0 miles/gallon
1987 Ferrari 328 Recalls & Defects
Suspension:front:control Arm:lower ARM
Recall date
1989-07-05
Recall no.
89v111000
Source
NHTSA
Summary
Front Lower Suspension ARM Forks Could Deform After Substantial Impacts, Such AS IN AN Accident.
Consequence
This Could Result IN Eventual Collapse OF THE Suspensionarm With Impaired Handling, Which Could Result IN AN Accident.
Remedy
Replace Four Front Lower Suspension ARM Forks With Forks OF A Greater Thickness.
Notes
System:lower Front Suspension ARM Forks.vehicle Description:passenger Cars.
1987 Ferrari 328 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
1987 Ferrari 328 Insurance
Insurance for a 1987 Ferrari 328 is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1987 Ferrari 328 Compare to Other Coupe?
The 1987 Ferrari 328 competed in a rarefied segment of sports cars, facing rivals such as the Porsche 911 Carrera (930 generation), Chevrolet Corvette (C4), and potentially higher-end models from Lotus or Lamborghini. In terms of performance, the 328's V8 offered a distinct exhaust note and a potent mid-range pull, often outperforming the standard 911 of the era in outright acceleration, though the 911 offered more raw, brutal power with its turbo variant. The Corvette C4 offered a strong V8 and decent performance for its price point, but lacked the exotic appeal and refinement of the Ferrari. Features in the 328 were focused on the driving experience rather than luxury amenities compared to some competitors, though it offered leather and air conditioning. Reliability is where the 328 generally outshines its Italian predecessors and some contemporaries; it's considered more robust than a Countach, for instance. However, it typically required more meticulous maintenance than a Porsche 911 or a Corvette. Price-wise, the 328 sat at the top tier, significantly more expensive than a Corvette and often pricier than a naturally aspirated 911. Similar alternatives in terms of driving engagement and V8 appeal might include the Lotus Esprit Turbo, which offered sharp handling and a unique design, though often with its own set of complex maintenance. For a more reliable, but less exotic, performance option, a later C4 Corvette could be considered. If the budget allows and exclusivity is paramount, a higher-end Porsche 911 variant would be a strong contender. However, for the quintessential 80s Italian V8 exotic experience, the 328 stands as a highly desirable benchmark.
Final Verdict: Is the 1987 Ferrari 328 a Good Coupe?
The 1987 Ferrari 328 is ideal for the discerning enthusiast seeking an iconic 1980s Italian exotic that offers thrilling V8 performance, timeless Pininfarina styling, and a more accessible ownership experience compared to earlier or later Ferraris. It's worth buying for collectors and driving enthusiasts who appreciate classic automotive design and performance. This car is strictly a used purchase, as it is out of production. Focus on well-maintained examples with documented service history. Both GTB and GTS trims are desirable; the GTS offers open-air motoring while the GTB provides a slightly more rigid structure. A substantial budget for maintenance and repairs is essential for long-term enjoyment.
Eugene S
Eugene is an automotive enthusiast with over 15 years of experience in the used car market. As a writer at VINCheck.info, he brings deep industry insight and a passion for cars, helping readers make smart, informed decisions. Eugene has written hundreds of used car reviews and is known for breaking down complex automotive topics into clear, actionable advice. Over the years, he has driven and worked on a wide range of vehicles—starting with tuning street cars in his early days and eventually focusing on performance upgrades and reliability improvements. Today, he specializes in evaluating used vehicles through the lens of real-world ownership and enthusiast needs. A longtime fan of Porsche, Eugene especially appreciates vehicles that blend durability with driving enjoyment.