
The 1988.5 Ferrari 328 GTS represents the ultimate refinement of the 308/328 series, benefiting from final-year production updates that enhanced both its mechanical reliability and its iconic silhouette. This particular example, showing a remarkable 9k miles, is a standout survivor finished in the sophisticated Argento Nurburgring Metallizzato. As one of approximately 6,068 GTS units produced, the “1988.5” designation is highly prized by collectors for incorporating late-model suspension revisions and convex wheels. Offering a visceral, analog connection to the road, this low-mileage Italian classic remains a benchmark for mid-engine sports car design from the golden era of Maranello.

Pininfarina Elegance in Argento Nurburgring Metallizzato
The Pininfarina-sculpted bodywork of this Ferrari 328 GTS is finished in Argento Nurburgring Metallizzato, a refined alternative to the more common red shades that highlights the car’s subtle curves and side air intakes. The removable black roof panel allows for a seamless transition to open-air motoring, neatly stowing behind the seats. Notable exterior details include pop-up headlights, a rear window spoiler, and quad exhaust tips that provide a distinct auditory signature. Staggered-width 16-inch Speedline five-spoke alloy wheels maintain the car’s period-correct stance, while the integrated fog lights and dual side mirrors complete the quintessential 1980s hyper-clean aesthetic.

Supple Blue Leather and the Legendary Gated Shifter
Inside the cabin, this GTS features a rare and striking color combination, with bucket seats trimmed in deep blue leather. This rich hue extends across the dashboard, center console, and door panels, creating a coordinated environment that contrasts beautifully with the silver exterior. The centerpiece of the interior is the iconic chrome gated shifter, which provides tactile precision for the five-speed manual transaxle. While the air conditioning is currently inoperative, the cockpit remains a masterclass in driver-focused design, featuring Veglia instrumentation, a Blaupunkt cassette stereo, and the traditional three-spoke leather-wrapped steering wheel that has become a symbol of Ferrari heritage.

Mid-Mounted Type F105 V8 and Pure Analog Delivery
Power is delivered by a 3.2-liter Type F105 V8 engine featuring four valves per cylinder and Bosch K-Jetronic fuel injection. This mid-mounted powerplant was factory rated at 260 hp/264 PS and 213 lb-ft/289 Nm, providing a linear and engaging powerband that encourages spirited use of the gears. The engine sends power to the rear wheels via a five-speed manual transaxle and a limited-slip differential, ensuring balanced handling through corners. Ventilated four-wheel disc brakes provide the necessary stopping power, while the 1988.5 specific suspension refinements offer a more composed ride than earlier iterations, making this 328 GTS a true driver’s instrument.
| Technical Specifications | |
|---|---|
| Engine | 3.2-Liter Type F105 V8 |
| Transmission | 5-Speed Gated Manual |
| Fuel System | Bosch K-Jetronic Injection |
| Wheels | 16-inch Speedline Five-Spoke |
| Braking | Ventilated 4-Wheel Discs |
| Odometer | 9,000 Miles |
An Elite Investment in the Eight-Cylinder Market
The Ferrari 328 GTS has long been considered one of the most usable and reliable Ferraris of its era, but low-mileage examples like this 9k-mile unit are increasingly rare. Compared to its predecessor, the 308, or its successor, the 348, the 328 is often cited by enthusiasts as the “sweet spot” of the vintage Ferrari market. The 1988.5 model year carries a distinct premium due to the updated suspension geometry and improved wheel design. In the current market, collectors prioritize original condition and unique colorways over standard configurations, making this Argento over Blue specification a highly liquid asset for any serious Italian automotive portfolio.

Final Evolution of a Maranello Masterpiece
This 1988.5 Ferrari 328 GTS is a remarkable time capsule that captures the end of an era for the mid-engine V8 Ferrari. From its crisp Pininfarina lines to the mechanical symphony of its 3.2-liter engine, every element of this car serves as a reminder of why Ferrari dominated the 1980s sports car landscape. It offers the rare combination of show-quality preservation and the upgraded mechanicals of the late-production units. Whether destined for a world-class collection or for the open road, this 9k-mile GTS stands as a premier example of Ferrari’s commitment to beauty, performance, and pure driving joy.
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Source: mecum.com






