The 1989 Ferrari 328 is a mid-engine, rear-wheel-drive sports car produced from 1985 to 1989. It succeeded the 308 GTB/GTS and was available in both coupe (GTB) and targa top (GTS) body styles. Key trims included the original 328 GTB/GTS and later the more powerful GTB/GTS Turbo. Its popularity stems from its classic Ferrari V8 soundtrack, timeless Pininfarina design, and accessible performance, making it a desirable entry point into Ferrari ownership. Pricing in 1989 ranged from approximately $60,000 to $70,000.
The Good
The 1989 Ferrari 328 offers exhilarating V8 performance and a sublime driving experience, wrapped in an iconic, beautiful design. It boasts surprisingly robust reliability for a Ferrari of its era, combined with a comfortable cabin for a sports car, appealing to both the heart and the head.
The Bad
When considering a 1989 Ferrari 328, watch out for aging rubber components and hoses prone to degradation. Electrical gremlins can surface, and the timing belt requires regular replacement. Brake system maintenance and clutch wear are also critical inspection points.
1989 Ferrari 328: Quick Overview
- Engine Options: The 1989 Ferrari 328 exclusively featured a mid-mounted 3.2-liter V8 engine.
- Horsepower: This V8 engine produced approximately 270 horsepower (201 kW) at 6,500 rpm.
- Fuel Economy: Fuel economy is not a strong suit for this era of Ferrari. Expect around 12-15 mpg in combined city/highway driving, with city driving significantly lower.
- 0-60 Times: The 0-60 mph acceleration for the 1989 Ferrari 328 was typically in the range of 5.5 to 6.0 seconds, depending on conditions and driver.
- Towing Capacity: The 1989 Ferrari 328 does not have a towing capacity as it is a pure sports car designed for performance and handling, not utility.
- Trim-Level Features: The primary distinctions were between the GTB (Berlinetta coupe) and GTS (Targa top) variants. Standard features on the 1989 model included:
- Leather interior
- Air conditioning
- Power windows
- Power steering
- Four-wheel anti-lock disc brakes (ABS)
- A 5-speed manual transmission
- Concealed headlamps
- A distinctive gated shifter
- Bespoke alloy wheels
1989 Ferrari 328 Specifications
Vehicle Information
| Year | 1989 |
| 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 | Manual |
| 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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What Problems Does the 1989 Ferrari 328 Have?
While the 1989 Ferrari 328 is generally considered one of the more reliable Ferraris of its era, it is not without its potential issues, especially given its age. Frequently reported problems often relate to the aging of materials and components. One significant concern is the degradation of rubber hoses and seals throughout the engine bay and cooling system. These can lead to coolant leaks or, in more severe cases, engine overheating. The timing belt, a critical maintenance item, requires replacement every 30,000 miles or five years, and neglecting this can lead to catastrophic engine damage. Electrical gremlins are also not uncommon in older Italian cars. This can manifest as issues with gauges, lighting, or other electrical accessories. The fuel injection system, while advanced for its time, can also require attention and specialized knowledge for troubleshooting and repair. Brake system components, including calipers and master cylinders, can be susceptible to corrosion and wear, necessitating regular inspection and servicing. The clutch, being a performance vehicle, will naturally experience wear over time and mileage. There are no widespread, model-year-specific recalls that are commonly cited for the 1989 328. However, individual vehicles may have had factory updates or recalls addressed. Long-term reliability hinges heavily on diligent maintenance and proactive repairs. A well-maintained 328 can be remarkably dependable, while a neglected one can quickly become an expensive project. Owners often emphasize the importance of finding a car with a comprehensive service history and entrusting its upkeep to specialists familiar with classic Ferraris.
How long will the 1989 Ferrari 328 last?
Based on owner data and typical usage patterns for a car of this caliber, a 1989 Ferrari 328 might average between 1,000 to 3,000 miles per year. Many are cherished as weekend or special-occasion vehicles, rather than daily drivers. With proper, consistent maintenance, these cars can endure for well over 100,000 miles, though reaching such figures is rare. The long-term durability is commendable, with the V8 engine proving robust. However, the weaknesses that emerge over time are primarily related to the aging of rubber and plastic components, as well as potential electrical system quirks. Regular servicing and addressing minor issues before they escalate are key to preserving its longevity and drivability for decades to come.
What Technology & Safety Features are Included?
The 1989 Ferrari 328 represents an era where technology in sports cars was focused more on performance and driver engagement than electronic wizardry. Consequently, built-in tech features were relatively basic. The entertainment system typically consisted of a period-appropriate AM/FM radio with a cassette player. While some examples might have been fitted with optional premium sound systems, these were not standard. There were no sophisticated infotainment systems, touchscreens, or navigation. Driver-assistance features were virtually non-existent by modern standards. The primary safety feature was the chassis and body construction, designed to protect occupants. Anti-lock brakes (ABS) were a notable addition for the era and a standard feature on the 1989 328, enhancing braking control. Airbags were not standard equipment on this model. Crash-test ratings for vehicles of this vintage are not readily available or comparable to current testing methodologies. Ferrari's focus was on creating a high-performance driving machine, and safety advancements were prioritized through mechanical engineering and structural integrity rather than electronic aids. The interior was driver-centric, with a focus on essential instrumentation and controls, including the iconic gated manual shifter, and a tachometer that was paramount for performance driving. Power windows and air conditioning were considered creature comforts, but advanced technological integration was not a hallmark of this Ferrari.
What Colors Options are Available?
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In the meantime, feel free to explore the other sections for more content.
1989 Ferrari 328 Prices and Market Value
When new in 1989, the Ferrari 328 typically retailed for between $60,000 and $70,000 USD. As is common with many exotic cars, the 328 experienced a period of depreciation after its initial release. However, in recent years, prices have seen a significant appreciation, reflecting its status as a desirable classic. Current used market prices for a 1989 Ferrari 328 can range widely, from $60,000 for a high-mileage or condition-compromised example to well over $100,000 for pristine, low-mileage cars with excellent service history. Factors significantly affecting resale value include mileage, overall condition, originality, service history, and rarity of specific trims or desirable color combinations. These cars have moved from being depreciating assets to appreciating collectibles.
1989 Ferrari 328 Cost of Ownership
Owning a 1989 Ferrari 328 is undoubtedly costly. Insurance premiums will be high, reflecting the vehicle's value and performance. Fuel consumption is poor, with owners expecting to spend significantly on premium gasoline. Maintenance is specialized and expensive; routine services from Ferrari specialists can cost thousands. Repair costs can be astronomical, especially for major engine or transmission work. Parts can be difficult to source and pricey. This is not an economical vehicle to own; it is a costly endeavor that demands a substantial budget for upkeep and potential repairs. The investment is in the experience and the marque, not in cost savings.
1989 Ferrari 328 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
-
Highway Mileage
-
1989 Ferrari 328 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
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Expired
Rust
Original warranty
0 months / No data
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Expired
1989 Ferrari 328 Insurance
Insurance for a 1989 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 1989 Ferrari 328 Compare to Other Coupe?
The 1989 Ferrari 328 competed in a rarefied segment of the sports car market, facing rivals like the Porsche 911 (Carrera 2/4), Chevrolet Corvette C4 ZR-1, and potentially the Lotus Esprit. In terms of raw performance, the 328 offered a potent V8 delivering exhilarating acceleration and a thrilling soundtrack, often rivaling or exceeding the standard 911 and Corvette of the era, though the ZR-1 Corvette boasted superior horsepower. The Ferrari's handling was renowned for its balance and feedback, though some might find the 911's rear-engine dynamics unique. Features were generally more driver-focused than creature-comfort laden compared to a Corvette. Reliability is where the 328 often falls short of its German and American counterparts. Porsches and Corvettes, especially from this era, are generally considered more robust and less temperamental with lower maintenance costs. The Lotus Esprit offered exotic styling and performance but also had its own set of reliability quirks. Price-wise, the 328 was positioned at the higher end, reflecting its Ferrari badge and exotic appeal, generally costing more new and currently holding its value better as a collectible. Similar alternatives that offer an exotic V8 experience with potentially better long-term reliability and lower running costs might include certain models of the later Porsche 911s or even a well-maintained contemporary Italian exotic like a Maserati. However, for the pure, unadulterated Ferrari experience of this era, the 328 remains a benchmark, albeit one demanding significant financial commitment and diligent care.
Final Verdict: Is the 1989 Ferrari 328 a Good Coupe?
The 1989 Ferrari 328 is ideal for the discerning automotive enthusiast who desires a classic, mid-engine Ferrari experience without the astronomical price tag of its predecessors or successors. It's a car for those who appreciate timeless Italian design, the visceral thrill of a naturally aspirated V8, and the prestige of the Ferrari marque. It is worth buying for collectors and passionate drivers who understand the commitment involved. Buying used is the only option, and thorough inspection by a Ferrari specialist is paramount. Look for well-maintained examples with documented service history. The GTS (targa top) is often slightly more common and can offer a more open-air driving experience. It's a purchase driven by passion rather than practicality.
Jovan
Jovan specializes in interpreting vehicle records and making sense of VIN data. With over 10 years of experience in the automotive data industry, his work ensures that every report is clear, accurate, and useful for car buyers.