The 1984 Ferrari 308, a mid-engined V8 sports car produced from 1975 to 1985, is an iconic Italian masterpiece. Available in coupe (GTB) and targa-top (GTS) body styles, with key trims like the QV (Quattrovalvole) and the later TS (Targa) and GTB models, it captured the hearts of enthusiasts. Its popularity stems from its timeless Pininfarina design, exhilarating performance, and the unmistakable Ferrari allure, making it a desirable classic. New prices in the mid-'80s ranged from around $50,000 to $60,000.
The Good
The 1984 Ferrari 308 boasts breathtaking performance with its V8 engine, classic Italian design that is a work of art, and an emotional connection to the Ferrari legacy. While not a paragon of fuel efficiency, its value as a collectible sports car and the thrill of driving it are undeniable advantages.
The Bad
Potential buyers of a 1984 Ferrari 308 should be aware of rust issues, particularly around wheel arches and sills. The electrical system can be temperamental, and proper maintenance of the V8 engine, including timing belts, is crucial to avoid costly repairs. The interior materials can also show wear over time.
1984 Ferrari 308: Quick Overview
- Engine Options: The primary engine for the 1984 model year was the 2.9-liter (2926 cc) Tipo F105 V8 engine. This was a fuel-injected, dry-sump lubricated, DOHC V8. For the 1984 model, this engine was the Quattrovalvole (QV) variant, meaning it had four valves per cylinder.
- Horsepower: The 1984 Ferrari 308 QV typically produced around 235 horsepower (175 kW) in European specifications. U.S. market versions, due to emissions controls, often had slightly less horsepower.
- Fuel Economy: As expected for a V8 supercar of its era, fuel economy was not a strong suit. Owners could expect figures in the range of 10-15 miles per gallon (MPG) combined, with city driving being on the lower end of that spectrum.
- 0-60 Times: Acceleration for the 1984 308 QV was brisk for its time. 0-60 mph (0-97 km/h) times were generally in the mid-to-high 6-second range, often quoted between 6.0 and 6.7 seconds, depending on road conditions and driver.
- Towing Capacity: The Ferrari 308 was designed as a pure sports car and does not have a towing capacity. It is not equipped for towing trailers or other vehicles.
- Trim-Level Features: The 1984 model year was part of the 'QV' (Quattrovalvole) era. Key features included:
- Engine: 2.9L fuel-injected V8 with four valves per cylinder.
- Transmission: A 5-speed manual transaxle was standard, contributing to the car's balanced weight distribution.
- Body Styles: Available as the GTB (Berlinetta - coupe) and GTS (Targa - removable roof panel).
- Interior: Leather upholstery, air conditioning, power windows, and a premium (for the time) sound system were common.
- Wheels: Standard alloy wheels, often the classic five-spoke Ferrari design.
- Brakes: Ventilated disc brakes all around, providing ample stopping power.
- Suspension: Independent suspension on all four wheels for superior handling.
- Engine: 2.9L fuel-injected V8 with four valves per cylinder.
1984 Ferrari 308 Specifications
Vehicle Information
| Year | 1984 |
| Make | Ferrari |
| Model | 308 |
| Trim | - |
| Style | - |
| Type | Convertible |
| Category | Compact Car |
Manufacturing Details
| Made In | Italy |
| Manufacturing City | - |
Dimensions
| Doors | 2-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 2.9L V8 |
| Engine Size | 2.9L |
| Engine Cylinders | 8 |
| Transmission | - |
| Transmission Type | - |
| 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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What Problems Does the 1984 Ferrari 308 Have?
The 1984 Ferrari 308, like many exotic cars of its era, has certain known issues that owners and potential buyers should be aware of. One of the most common concerns is rust. Ferraris of this vintage were not always treated with the most corrosion-resistant materials, and areas prone to rust include the sills, rocker panels, wheel arches, and the chassis frame itself. Thorough inspection for any signs of previous accident damage or poorly executed repairs is essential.
The electrical system is another area that can cause headaches. Components like the ignition system, fuel injection sensors, and various wiring harnesses can degrade over time, leading to intermittent faults or complete system failures. This can manifest as rough running, stalling, or starting issues. Owners often report needing to address aging wiring and connectors.
The V8 engine, while generally robust, requires meticulous maintenance. The timing belt, a critical component, needs to be replaced at recommended intervals (typically every 30,000 miles or 3 years) to prevent catastrophic engine damage. Many 308s have had their timing belts replaced, but ensuring this was done by a reputable specialist is important. The dry-sump lubrication system also requires proper attention to fluid levels and the correct type of oil.
The gearbox, a 5-speed manual transaxle, is typically durable, but clutch wear and synchro issues can occur with high mileage or aggressive use. The clutch itself can be an expensive replacement.
Regarding recalls, specific recalls for the 1984 model year are not widely documented or prominent in the way they are for more mass-produced vehicles. However, it is always advisable to check with Ferrari or a specialized service center for any potential safety campaigns that may have been issued and not addressed.
Long-term reliability is highly dependent on how the car was maintained and cared for. A well-maintained 1984 Ferrari 308 can be a reliable classic, but neglect will quickly lead to expensive problems. These cars were not designed for the same service intervals or durability expectations as everyday sedans. The focus was on performance and driving experience, with maintenance being a significant part of ownership.
The electrical system is another area that can cause headaches. Components like the ignition system, fuel injection sensors, and various wiring harnesses can degrade over time, leading to intermittent faults or complete system failures. This can manifest as rough running, stalling, or starting issues. Owners often report needing to address aging wiring and connectors.
The V8 engine, while generally robust, requires meticulous maintenance. The timing belt, a critical component, needs to be replaced at recommended intervals (typically every 30,000 miles or 3 years) to prevent catastrophic engine damage. Many 308s have had their timing belts replaced, but ensuring this was done by a reputable specialist is important. The dry-sump lubrication system also requires proper attention to fluid levels and the correct type of oil.
The gearbox, a 5-speed manual transaxle, is typically durable, but clutch wear and synchro issues can occur with high mileage or aggressive use. The clutch itself can be an expensive replacement.
Regarding recalls, specific recalls for the 1984 model year are not widely documented or prominent in the way they are for more mass-produced vehicles. However, it is always advisable to check with Ferrari or a specialized service center for any potential safety campaigns that may have been issued and not addressed.
Long-term reliability is highly dependent on how the car was maintained and cared for. A well-maintained 1984 Ferrari 308 can be a reliable classic, but neglect will quickly lead to expensive problems. These cars were not designed for the same service intervals or durability expectations as everyday sedans. The focus was on performance and driving experience, with maintenance being a significant part of ownership.
How long will the 1984 Ferrari 308 last?
Estimating average mileage for a 1984 Ferrari 308 is challenging as they are often treated as collector cars rather than daily drivers. However, many surviving examples have mileage ranging from 20,000 to 60,000 miles. Cars with significantly higher mileage, over 100,000 miles, are rare and typically indicate extensive use or restoration.
In terms of years of service, these cars can last indefinitely with proper care. The long-term durability of the V8 engine is quite good, provided timely maintenance, especially of the timing belt and lubrication. However, weaknesses that emerge over time are primarily related to aging components. The electrical systems can become unreliable, rubber bushings in the suspension wear out, and interior materials can degrade. Rust, as mentioned, is a significant long-term concern if not addressed. A well-maintained 308 can offer decades of enjoyment, but proactive maintenance is key to mitigating wear and tear on its exotic mechanicals.
In terms of years of service, these cars can last indefinitely with proper care. The long-term durability of the V8 engine is quite good, provided timely maintenance, especially of the timing belt and lubrication. However, weaknesses that emerge over time are primarily related to aging components. The electrical systems can become unreliable, rubber bushings in the suspension wear out, and interior materials can degrade. Rust, as mentioned, is a significant long-term concern if not addressed. A well-maintained 308 can offer decades of enjoyment, but proactive maintenance is key to mitigating wear and tear on its exotic mechanicals.
What Technology & Safety Features are Included?
The 1984 Ferrari 308 is a product of its time, and its technological offerings reflect the automotive landscape of the mid-1980s, prioritizing driving experience over extensive electronic features.
Built-in Tech and Entertainment: The technology present is rudimentary by modern standards. Standard features typically included power windows, air conditioning, and a basic analog gauge cluster displaying speed, RPM, oil pressure, water temperature, and fuel level. The entertainment system was usually a period-appropriate AM/FM radio, often with a cassette player. High-fidelity sound systems were not a primary focus for Ferrari at this time; the symphony of the V8 engine was the intended soundtrack.
Driver-Assistance Features: Driver-assistance systems as we know them today were virtually non-existent. The car offered power steering, which made maneuvering at lower speeds easier, and its mid-engine layout contributed to balanced handling. However, there were no electronic aids like traction control, stability control, or advanced cruise control. The driver was expected to have full command of the vehicle.
Safety Features: Safety considerations in the 1984 308 were basic. It featured seat belts (lap and shoulder belts were standard), and the body structure provided a degree of passive safety inherent to its design. Disc brakes, both front and rear, offered decent stopping power for the era, and the car was equipped with headlights, taillights, and turn signals. However, advanced safety features like airbags were not yet standard equipment on vehicles of this type and period. Anti-lock braking systems (ABS) were also not typically found on the 308.
Optional Features: Optional equipment was limited and focused on comfort and aesthetic enhancements rather than technology. These might have included different alloy wheel designs, upgraded upholstery, or a premium stereo system. The core driving experience and mechanical prowess were the main selling points.
Crash-Test Ratings: Comprehensive crash-test ratings from modern organizations like the NHTSA or IIHS for the 1984 Ferrari 308 are generally unavailable. The regulatory and testing environments were different in the mid-1980s, and such detailed, standardized testing of low-volume exotic sports cars was not as prevalent or publicly disclosed as it is today. The structural integrity and safety would have been assessed against the standards of the time, which were less stringent than current regulations.
Built-in Tech and Entertainment: The technology present is rudimentary by modern standards. Standard features typically included power windows, air conditioning, and a basic analog gauge cluster displaying speed, RPM, oil pressure, water temperature, and fuel level. The entertainment system was usually a period-appropriate AM/FM radio, often with a cassette player. High-fidelity sound systems were not a primary focus for Ferrari at this time; the symphony of the V8 engine was the intended soundtrack.
Driver-Assistance Features: Driver-assistance systems as we know them today were virtually non-existent. The car offered power steering, which made maneuvering at lower speeds easier, and its mid-engine layout contributed to balanced handling. However, there were no electronic aids like traction control, stability control, or advanced cruise control. The driver was expected to have full command of the vehicle.
Safety Features: Safety considerations in the 1984 308 were basic. It featured seat belts (lap and shoulder belts were standard), and the body structure provided a degree of passive safety inherent to its design. Disc brakes, both front and rear, offered decent stopping power for the era, and the car was equipped with headlights, taillights, and turn signals. However, advanced safety features like airbags were not yet standard equipment on vehicles of this type and period. Anti-lock braking systems (ABS) were also not typically found on the 308.
Optional Features: Optional equipment was limited and focused on comfort and aesthetic enhancements rather than technology. These might have included different alloy wheel designs, upgraded upholstery, or a premium stereo system. The core driving experience and mechanical prowess were the main selling points.
Crash-Test Ratings: Comprehensive crash-test ratings from modern organizations like the NHTSA or IIHS for the 1984 Ferrari 308 are generally unavailable. The regulatory and testing environments were different in the mid-1980s, and such detailed, standardized testing of low-volume exotic sports cars was not as prevalent or publicly disclosed as it is today. The structural integrity and safety would have been assessed against the standards of the time, which were less stringent than current regulations.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
In the meantime, feel free to explore the other sections for more content.
1984 Ferrari 308 Prices and Market Value
When new, the 1984 Ferrari 308 carried a significant price tag, typically ranging from approximately $50,000 to $60,000 USD, depending on specific options and market. This positioned it as a luxury performance vehicle.
Currently, the used market prices for a 1984 Ferrari 308 have appreciated considerably. Well-maintained examples in good condition can fetch anywhere from $70,000 to $150,000, with rarer or pristine examples potentially exceeding this.
Depreciation has long since bottomed out; these cars are now appreciating assets. Factors significantly affecting resale value include: condition (body, interior, mechanicals), originality, service history (provenance and maintenance records are crucial), mileage, and desirability of specific trims or colors. A car with documented major services performed by reputable Ferrari specialists will command a premium. Conversely, cars needing significant restoration or with questionable histories will be valued much lower.
Currently, the used market prices for a 1984 Ferrari 308 have appreciated considerably. Well-maintained examples in good condition can fetch anywhere from $70,000 to $150,000, with rarer or pristine examples potentially exceeding this.
Depreciation has long since bottomed out; these cars are now appreciating assets. Factors significantly affecting resale value include: condition (body, interior, mechanicals), originality, service history (provenance and maintenance records are crucial), mileage, and desirability of specific trims or colors. A car with documented major services performed by reputable Ferrari specialists will command a premium. Conversely, cars needing significant restoration or with questionable histories will be valued much lower.
1984 Ferrari 308 Cost of Ownership
Owning a 1984 Ferrari 308 is undeniably costly. Insurance premiums will be high, requiring specialized classic car policies, often with mileage restrictions. Fuel costs are substantial, with the V8 engine delivering low MPG. Maintenance is a significant ongoing expense; expect regular service intervals for oil changes, fluid checks, and critical items like timing belt replacements, which are costly. Repairs, when needed, are exceptionally expensive, requiring specialized technicians and parts that are often rare and pricey. This is not an economical vehicle to own; it is a costly passion project requiring a substantial budget for upkeep and potential unexpected issues.
1984 Ferrari 308 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
1984 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
1984 Ferrari 308 Insurance
Insurance for a 1984 Ferrari 308 is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1984 Ferrari 308 Compare to Other Convertible?
The 1984 Ferrari 308 competed in a rarefied segment of exotic sports cars. Its primary rivals included the Porsche 911 (e.g., the 930 Turbo or Carrera models of the era), Lamborghini Countach, and potentially higher-end Aston Martins or Maseratis.
Performance: The 308 offered a sophisticated mid-engine layout providing excellent balance and handling. Its V8 engine delivered exhilarating acceleration and a distinctive Ferrari sound. The Porsche 911, particularly the Turbo variants, offered more raw power and brutal acceleration, while the Lamborghini Countach was an outright supercar with dramatic styling and immense performance, though often at the expense of usability.
Features: In terms of features, the 308 offered a well-appointed interior with leather and air conditioning, which was luxurious for its time. However, it lagged behind some more technologically advanced or comfort-oriented vehicles. Rivals like certain Aston Martins might have offered more opulent interiors, while the Porsche 911 was known for its driver-focused simplicity. The Countach was more about extreme presence than creature comforts.
Reliability: This is where the 308, and many exotics of the era, faced challenges compared to more mainstream sports cars like the Porsche 911. While mechanically sound with proper maintenance, the complexity and specialized nature of Ferrari maintenance meant higher potential for issues and greater repair costs. Porsches of this era, while also requiring dedicated maintenance, were often considered slightly more robust for regular use by some owners.
Price: The 308 sat in a high-luxury price bracket. The Porsche 911, depending on the model, could be similarly priced or slightly less expensive for comparable performance levels. The Lamborghini Countach was typically in a higher price tier.
Alternatives:
Performance: The 308 offered a sophisticated mid-engine layout providing excellent balance and handling. Its V8 engine delivered exhilarating acceleration and a distinctive Ferrari sound. The Porsche 911, particularly the Turbo variants, offered more raw power and brutal acceleration, while the Lamborghini Countach was an outright supercar with dramatic styling and immense performance, though often at the expense of usability.
Features: In terms of features, the 308 offered a well-appointed interior with leather and air conditioning, which was luxurious for its time. However, it lagged behind some more technologically advanced or comfort-oriented vehicles. Rivals like certain Aston Martins might have offered more opulent interiors, while the Porsche 911 was known for its driver-focused simplicity. The Countach was more about extreme presence than creature comforts.
Reliability: This is where the 308, and many exotics of the era, faced challenges compared to more mainstream sports cars like the Porsche 911. While mechanically sound with proper maintenance, the complexity and specialized nature of Ferrari maintenance meant higher potential for issues and greater repair costs. Porsches of this era, while also requiring dedicated maintenance, were often considered slightly more robust for regular use by some owners.
Price: The 308 sat in a high-luxury price bracket. The Porsche 911, depending on the model, could be similarly priced or slightly less expensive for comparable performance levels. The Lamborghini Countach was typically in a higher price tier.
Alternatives:
- Porsche 911 (e.g., 930 Turbo, 911 Carrera): Offers a different, more rear-engine driving dynamic, legendary durability (relatively speaking for exotics), and strong performance. Potentially more practical for some.
- Lotus Esprit: A mid-engined alternative with striking looks and agile handling, often at a lower price point. Reliability could be a concern.
- Maserati Ghibli II: A more modern alternative from the early 90s, offering V6 twin-turbo performance and Italian flair, though less of a pure classic than the 308.
Final Verdict: Is the 1984 Ferrari 308 a Good Convertible?
The 1984 Ferrari 308 is ideal for the passionate automotive enthusiast who appreciates classic Italian design, exhilarating performance, and the prestige of owning a Ferrari. It's a car that appeals to emotional buyers who value driving pleasure and historical significance above all else.
Whether it's worth buying depends entirely on the buyer's financial capacity and commitment. This is not a practical or economical daily driver. It's a second or third car that requires dedicated maintenance, specialized care, and a significant budget for upkeep and potential repairs.
A used 308 is the only option, as new ones are long gone. Buying a well-maintained example with a comprehensive service history from a reputable specialist is crucial. Trims like the QV (Quattrovalvole) offer the most desirable iteration of the V8 engine for this generation. For the right buyer with the right resources, a 1984 Ferrari 308 is an unforgettable investment in automotive passion.
Whether it's worth buying depends entirely on the buyer's financial capacity and commitment. This is not a practical or economical daily driver. It's a second or third car that requires dedicated maintenance, specialized care, and a significant budget for upkeep and potential repairs.
A used 308 is the only option, as new ones are long gone. Buying a well-maintained example with a comprehensive service history from a reputable specialist is crucial. Trims like the QV (Quattrovalvole) offer the most desirable iteration of the V8 engine for this generation. For the right buyer with the right resources, a 1984 Ferrari 308 is an unforgettable investment in automotive passion.
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.