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1982 Ferrari 308 Overview, Reviews, Ratings & Specs

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Simon A | October 6, 2025
The 1982 Ferrari 308 GTB/GTS represents a significant chapter in Maranello's history, produced from 1975 to 1985. This mid-engined sports car, known for its Pininfarina styling, was initially offered as a Berlinetta (GTB) coupe and later as a Targa-top (GTS) convertible. Key trims included the carbureted 2V and later fuel-injected 4V models. While original pricing varied, its iconic silhouette and Ferrari pedigree make it highly desirable, standing out with its timeless beauty and exhilarating driving experience. Its popularity stems from being an accessible entry into Ferrari ownership with a classic V8 soundtrack.
The Good

The 1982 Ferrari 308 boasts a captivating V8 engine delivering thrilling performance and an intoxicating exhaust note, appealing to the emotional buyer. Its stunning Pininfarina design is timeless. While not its primary focus, its mid-engine layout provides surprising handling balance. For the practical owner, it represents a relatively accessible classic Ferrari, offering a rewarding ownership experience with proper maintenance.

The Bad

Common weaknesses for the 1982 Ferrari 308 include potential rust issues, especially around wheel arches and sills, and aging electrical components prone to failure. The ignition system can be temperamental. Carburetor tuning requires expertise, and the transmission synchros can wear. Major engine or gearbox repairs are significantly expensive.

1982 Ferrari 308: Quick Overview

  • Engine Options: The 1982 Ferrari 308 primarily featured a 3.0-liter naturally aspirated V8 engine. Early models had 2 valves per cylinder (2V), while later models, including those from 1982, typically had 4 valves per cylinder (4V).
  • Horsepower: For the 1982 model year, the 308 GTB/GTS (4V) typically produced around 230-240 horsepower, depending on specific market regulations and tuning. Earlier 2V models produced less, around 205-210 hp.
  • Fuel Economy: As expected from a performance car of its era, fuel economy was not a strong suit. Owners often reported figures in the range of 10-14 MPG combined, with city driving being significantly lower.
  • 0-60 Times: The 1982 308 GTB/GTS could achieve 0-60 mph in approximately 6.0 to 6.7 seconds. This was competitive for its time but slower than some more modern sports cars.
  • Towing Capacity: Not applicable. The Ferrari 308 is a pure sports car designed for performance and handling, not utility. It has no towing capacity.
  • Trim-Level Features (1982 308 GTB/GTS):
    • GTB (Gran Turismo Berlinetta): Coupe body style.
    • GTS (Gran Turismo Spider): Targa-top convertible body style, allowing for open-air driving.
    • 4-Valve Engine: Distinguished from earlier 2-valve models by its improved breathing and slightly higher power output.
    • Pininfarina Design: Iconic, flowing bodywork with pop-up headlights (on many models).
    • Leather Interior: Typically featured a luxurious leather-wrapped interior with sport seats.
    • Manual Transmission: Almost exclusively equipped with a 5-speed manual transaxle, contributing to its engaging driving experience.
    • Four-Wheel Independent Suspension: Providing excellent handling characteristics.
    • Disc Brakes: Four-wheel disc brakes for stopping power.
    • Optional Air Conditioning: Available on many models.
    • Optional Power Windows: Typically standard or optional depending on the specific market.

1982 Ferrari 308 Specifications

Vehicle Information
Year 1982
Make Ferrari
Model 308
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 2.9-L V-8 SOHC
Engine Size 2.9L
Engine Cylinders 8
Transmission Continuously Variable Transmission
Transmission Type Manual
Transmission Speeds -
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System -
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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Analysis

What Problems Does the 1982 Ferrari 308 Have?

The 1982 Ferrari 308, like many exotic cars of its era, is susceptible to specific long-term reliability concerns that owners should be aware of. One of the most pervasive issues is related to rust. The steel body panels and chassis are prone to corrosion, especially in regions with harsh weather or if the car has not been meticulously maintained and stored. Areas particularly vulnerable include the sill panels, rear wheel arches, and underbody.
Electrical gremlins are another common complaint. Wiring harnesses can degrade over time, leading to intermittent failures of various systems, including lighting, gauges, and even the fuel injection or ignition systems. The Marelli ignition system, while powerful for its time, can be finicky and require regular maintenance and expert tuning.
The V8 engine, while robust when properly cared for, can develop issues. Valve guides are known to wear, leading to oil consumption. The cooling system, with its complex plumbing and often original components, needs vigilant inspection to prevent overheating, a significant concern for any V8. Seals and gaskets can also degrade, leading to oil or coolant leaks.
Carbureted models (though 1982 models are predominantly fuel-injected 4V) require precise tuning, and if not maintained regularly, can suffer from performance issues and poor running. For fuel-injected models, the Bosch K-Jetronic system can be complex to diagnose and repair when issues arise.
Transmission synchros can also be a point of concern, especially with high mileage or aggressive driving, leading to notchy or difficult gear changes. Clutch components will also require eventual replacement.
It is important to note that while these issues are frequently reported, they are often manageable with diligent maintenance and proactive repair. Many problems are age-related and not necessarily inherent design flaws. Ferrari did not issue widespread recalls for specific major mechanical failures on the 308 in the way modern manufacturers do for safety-critical items, but rather component improvements and service bulletins were more common.

How long will the 1982 Ferrari 308 last?

The average mileage for a 1982 Ferrari 308 can vary significantly based on its history. Many have been cherished weekend cars, accumulating less than 50,000 miles over their lifetime. However, some have been driven more regularly, potentially reaching 80,000-100,000 miles. The long-term durability is directly tied to the quality and consistency of maintenance. With meticulous care, including regular fluid changes, proper engine tuning, and addressing any emerging rust spots promptly, these cars can last for many decades. The V8 engine itself is inherently strong. However, the electrical system and body integrity (rust) represent its main long-term weaknesses. Owners who neglect maintenance will see accelerated wear and significantly higher repair bills.

What Technology & Safety Features are Included?

The 1982 Ferrari 308 is a product of its time, meaning its technology, entertainment, driver-assistance, and safety features are quite rudimentary by modern standards.
Technology & Entertainment: Built-in technology was minimal. Standard features typically included an analog instrument cluster displaying speed, tachometer, oil pressure, coolant temperature, and fuel level. Entertainment usually consisted of an AM/FM radio, often with a cassette player, though this was sometimes an optional upgrade. Air conditioning was also an option on many models. Power windows were becoming more common, often standard on higher trims or optional. There were no digital displays, navigation systems, or connectivity features as we know them today.
Driver-Assistance Features: Driver-assistance systems were non-existent. The focus was purely on the driving experience and mechanical feedback. There were no electronic aids like traction control, stability control, ABS (Anti-lock Braking System) was not widely available or standard on such vehicles at this time, or parking sensors. The driver was in full command, relying on their skills.
Safety Features: Safety features were basic. The car featured seat belts, which were likely three-point harnesses. The steel chassis provided a degree of structural protection. Disc brakes on all four wheels offered stopping power, but without ABS, their effectiveness in emergency braking could be compromised, especially on slippery surfaces. Pop-up headlights, a design feature, were also electrically operated.
Optional Features: Beyond air conditioning and upgraded audio systems, options were limited. Some cars might have had different wheel designs or minor interior trim variations.
Crash-Test Ratings: In the 1980s, comprehensive crash-testing by organizations like the NHTSA (National Highway Traffic Safety Administration) and IIHS (Insurance Institute for Highway Safety) as we know them today was not as standardized or as extensively applied to low-volume sports cars. Therefore, specific, independently verified crash-test ratings for the 1982 Ferrari 308 are not readily available in public databases. Safety was primarily addressed through structural design and basic occupant restraints.

What Colors Options are Available?

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In the meantime, feel free to explore the other sections for more content.

1982 Ferrari 308 Prices and Market Value

When new in 1982, a Ferrari 308 GTB/GTS would have cost approximately $50,000 to $65,000 USD, a significant sum for the era. Today, the used market prices for a 1982 Ferrari 308 vary widely based on condition, mileage, provenance, and specific trim. Expect to see prices ranging from $60,000 for a project car to well over $150,000 for pristine, low-mileage examples. The 308 has largely moved beyond its steepest depreciation phase and has become a collector's item. Factors affecting resale value include originality, documented maintenance history, desirable color combinations, and overall condition (body, interior, mechanical). Well-maintained, unmolested examples with desirable options (like the Targa top) tend to hold their value exceptionally well and can even appreciate.

1982 Ferrari 308 Cost of Ownership

Owning a 1982 Ferrari 308 is undeniably costly. Insurance premiums will be high, reflecting the vehicle's value and the expense of repairs. Fuel consumption is poor, typically around 10-14 MPG, requiring premium gasoline. Maintenance is specialized and expensive; expect annual servicing to cost several thousand dollars, with major engine or gearbox work costing tens of thousands. Repairs for specific parts can also be exorbitant due to rarity and specialized labor. This is a costly vehicle to own, requiring a significant budget for upkeep and unexpected issues. It is certainly not economical.

1982 Ferrari 308 Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity -
City Mileage 29 miles/gallon
Highway Mileage -

1982 Ferrari 308 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

1982 Ferrari 308 Insurance

Insurance for a 1982 Ferrari 308 is moderately priced, reflecting its status as a Coupe with strong safety ratings and
reasonable repair costs.

How Does the 1982 Ferrari 308 Compare to Other Coupe?

The 1982 Ferrari 308 competed in a segment dominated by Italian and German exotics and high-performance sports cars.

Performance: Against rivals like the Porsche 911 SC/Carrera, Chevrolet Corvette (C3), and Lamborghini Urraco/Jalpa, the 308 offered a distinct V8 mid-engine character. Its horsepower (around 230-240 hp for the 4V model) and 0-60 times (around 6.0-6.7 seconds) were competitive but often slightly behind the raw power of a contemporary Porsche 911 Carrera. The Corvette often offered more brute force for less money.

Features: The 308's primary feature was its iconic Pininfarina design and the Ferrari badge. Inside, it offered a more luxurious, albeit cramped, cabin compared to the Corvette. The Porsche 911 provided a more driver-focused, utilitarian interior. Lamborghini offered exotic styling but often lagged in refinement and reliability compared to Ferrari.

Reliability: This is where the 308 often falls short compared to its rivals. The Porsche 911, despite its own quirks, generally enjoyed a reputation for greater long-term mechanical robustness and easier sourcing of parts. The Chevrolet Corvette, especially in later C3 iterations, was built in higher volumes and was generally more reliable and cheaper to maintain. Lamborghinis of this era were notoriously complex and expensive to maintain.

Price: When new, the 308 was typically priced above the Corvette and often similar to or slightly less than a comparable Porsche 911 or Lamborghini. Today, the 308 has cemented its status as a collectible, with prices often exceeding comparable Porsches and Lamborghinis, especially for pristine examples.

Alternatives:
  • Similar: Lamborghini Jalpa - offers a similar V8 mid-engine experience with exotic styling but often considered less refined and potentially less reliable than the 308.
  • Better (for reliability/practicality): Porsche 911 Carrera (G-Series) - offers similar performance levels, a more usable interior, and generally superior long-term mechanical reliability and parts availability, though with a different driving dynamic (rear-engine).
  • More Affordable/Reliable: Chevrolet Corvette (C3) - provides strong performance for the money and much better reliability and lower running costs, though it lacks the exotic allure and mid-engine balance of the 308.

Final Verdict: Is the 1982 Ferrari 308 a Good Coupe?

The 1982 Ferrari 308 is ideal for the passionate automotive enthusiast who prioritizes iconic design, the thrill of a mid-engine V8, and the prestige of owning a classic Ferrari. It's worth buying for those who understand and can afford its significant ownership costs, including specialized maintenance, repairs, and insurance. It is best purchased as a used vehicle, as new ones are obviously unavailable. Prospective buyers should seek out well-maintained examples, ideally with extensive service records, and be prepared for ongoing investment. The GTS (Targa top) is generally more popular than the GTB coupe for its open-air experience. It's not a daily driver or a car for the budget-conscious, but for the right owner, it offers an unparalleled classic Italian sports car experience.

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Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.