1987 Ferrari 328 GTB Red/Tan, 25,272 miles, great condition

After careful consideration, I'm placing my beloved 1987 Ferrari 328 GTB for sale. Rossa Corsa, tan interior, most popular color combo. #73367. Car currently has 25,272 miles. Car appears practically as new. Exterior and interior are in exceptional condition.

I purchased the car in late 2011 with 23,xxx miles, so I've only driven it about 2,000 miles in the 3.5 years I've owned it. In that time, I've had important services and improvements performed. New fuel pump and fuel accumulator (both Bosch OEM), all new fuel hose, new distributor caps, new coil modules, new drive belts, Sanden rotary AC compressor running R134, new AC hoses running to new drier and expansion valve, blows COLD! Modern Alpine CD AM/FM, new Alpine door speakers, new, better headlamps, new antenna, new floor mats. Sphere Motors in Houston performed a full belt and valve adjust service about 2 years ago, car driven sparingly since then, about 500 miles I think. New coolant and and oil changed twice under my ownership. I've removed the catalytic converter and am currently running a straight pipe to the exhaust. Runs great, sounds great! I do have the original catalytic convertor; it will go with the car. Car starts on first crank and pulls very smoothly to redline. I previously owned a 77 308 carb car, and compared to that raw beast, the 328 engine is Lexus smooth, as is the ride quality, much more livable car!

Exterior: paint is unbelievably great; a paint meter shows factory thickness all around except in front, where it's a bit thicker. I suspect the front had been resprayed to clean up stone chips. Front lenses are all perfect. Front end paint is indistinguishable from factory. This should not be a penalty, wouldn't you rather have a perfect-looking car than one with stone chips? All glass is perfect, window trim is perfect, I replaced the fuel filler lid hinges (big job!)because they broke, but now the lid closes perfectly, with strong new hinges. All 4 wheels are beautiful, no curb rash or bends, Goodyear tires have lots of tread. Rear lenses are perfect, no cracks, lens gaskets are in great shape. Rear exhaust shroud and exhaust appear as new. Both front and rear bumpers are perfect. Complete tool roll, complete jack roll, complete books and lots of records, 2 keys plus 2 Mirage alarm/door lock remotes (works great!).

Interior: again, exceptional condition, leather looks practically new, a bit of light normal wear evident on left driver side bolster, but really no leather wear evident elsewhere. Dash is perfect, 3 dash vents are perfect and functional. I have a Dashmat on top of the dash to protect it. (car is always garaged so no sun damage under my watch, or before, apparently!).
Console looks great, all buttons functional, center dash dials all look great and work fine. Clock keeps great time actually! All interior cloth at rear and roof of cabin appear as new. Stereo sounds great, but I rarely used it, for obvious reasons. Door interiors and armrests show no wear. Ultimate Pedals aluminum pedal covers installed by myself, looks great!

In a nutshell, this car is really fantastic, so it's been a struggle deciding to sell. It's so nice, that I don't want to drive it and risk damage because of current market values. I've viewed many 308/328 cars in my years as a Ferrari fanatic, and this one honestly is super exceptional. I think it looks/drives like a sub-10,000 mile car.

There were roughly 130 328 GTBs imported into the USA during its 4-year model run. VERY rare car, much more so that its GTS counterpart. I love GTSs but I'm tall and found that I can only fit in GTBs with their added interior headroom, so that's why I've always owned GTBs. Also, GTBs drive better with less body flex and superior handling. The design is stunning and timeless, and will only continue to increase in value. A great investment for any collector, especially in this color combination.

Price is firm at $199,900. I would consider a partial trade of a 360 coupe red/tan 3 pedal stick (no F1) car plus cash. If the car does not sell at this price, I'll keep it and follow the market into the future. I'm not a desperate seller, but would be satisfied at this price, or a suitable trade plus cash. Car is currently under a cover on a Battery Tender, and driven twice a month for a short distance.
Car and seller are in Houston, TX, USA.

I have 49 photos, will post several here. I can email all of them to a potential buyer if you'll PM me with your email address.

At this time I am only posting this car here on Ferrarichat, as I'd MUCH rather this car go to an enthusiast active on the site.

Thanks,
Greg Giacona
Houston TX
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VIN is ZFFXA19A8H0073367

Forgot to look at my own Carfax. It shows accident late 2008, before I took ownership in late 2011. I can only assume it involved a minor front-end incident. Paint meter shows uniform factory paint thickness all around the body, except the extreme front end. The front end looks factory new, so the job was well-done. Not one stone chip, lenses are perfect. With this in mind, I'll reduce price to $194,900.

I forgot to mention, I installed new flywheel sensors as well, I believe there were two.
I hold the clear Texas title.

I also have several spares to include with sale, including several Baldwin old filters, new distributor cap, new spark plugs, new Verell CIS fuel line kit, etc...

As I remember more features of the car, I'll post here.

Greg Giacona

 

This car appears and drives as new. I'm not interested in a huge price reduction because of an accident report of unknown seriousness. It could have been a minor front bumper tap, which is why the previous owner had the front re-done to perfection. Again, paint meter shows factory thickness all around except the extreme front end.

Its rarity and condition speaks for itself.

Another mention: during the recent major, Sphere installed new gaskets on valve covers and oil pan; car is dry on bottom and drip-free, rare for these cars!
Greg

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When I bought the car, I did not check carfax. I was thrilled to find a red/tan 328 GTB not far from me. I checked it carefully, drove it, fell in love and purchased it. Last fall I considered selling it so I had the paint thickness checked, it showed as I've said, factory paint everywhere except extreme front end. Front re-sprays are common on these cars so I didn't think much about it at the time. A few months later I checked carfax and it showed one line item as an incident, but the wording was unclear. It could have been a listing for the front end paint work done. Again I figured re-spray. This morning I pulled carfax again and this one shows accident. Different wording for some reason.

Nothing is being concealed, I revealed in my second post this new finding. But, again, whatever it was was apparently minor as the car shows unbelievably well. Only a paint meter would reveal the work done.

This car looks and drives first rate. The new owner will be extremely pleased!

Greg

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I know, but I have a baby on the way and the cash would be useful very soon! A 430 or 458 is tempting though!

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Thanks Steve,
Sherpa,
I am only guessing, but I think the plastic bumper might have been repaired and then paint was applied and blended rearward a bit. It is absolutely undetectable, anybody is welcome to come and inspect the car--it appears as I have presented. The front fog lamp glass lenses and blinker lenses look brand new; they may be.

If I remember correctly, the Carfax I checked a few years ago said something like "paint work done" or "bodywork done", I don't remember now. That's why I didn't automatically assume "accident". The current Carfax does show "accident" now, but I don't know how reliable these records are, if they can change like this. Something was done to the front, that is obvious from the paint readings, but I imagine many if not most of these cars would show similar results if put to a paint meter, if the car was driven at all. They are low and pick up stones. As the car sits now, the front end is perfect. I have Griot's Garage clear stone guard film over the fog lamps, as I know these are no longer available OEM.

For heaven's sake, this car is 28 years old, and it looks practically new. I wouldn't hesitate to buy this car if I was the next buyer, just based on condition, appearance, rarity and service records.

Did I mention the car comes with a Beverly Hills car cover, and I have a Battery Tender pigtail on the new Optima RedTop battery? There's also a convenient battery master on/off switch mounted to the front of the spare wheel cradle. I'm sure I'll think of other things to add later.

This was my dream car since high school. It still is. No other car on the road can match its beauty, in my opinion. It's just time to let her go. My wife is actually advising me NOT to sell, can you believe that? LOL!


Greg

 

Funny, and I'm sure I'll find this to be true!!

Greg

 

No, not yet. Giving Ferrarichatters first dibs. If it doesn't sell in a couple weeks I'll probably try other avenues.
Greg

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Yes, but please read above for explanation.

Greg

 

I don't want to belabor this point, but just because Carfax says "accident", it doesn't necessarily mean the car was seriously injured. The paint meter showed factory paint everywhere on the car except the extreme front end. This indicates that only the front end was resprayed and blended into the coachwork rearward. It is absolutely invisible work, only measurable with a paint meter. No orange peel, no masking lines. This car appears factory painted, everywhere. It appears in outstanding condition. See the pictures. Come see the car in person.

By the way, if your 308/328 has not had the front end resprayed by now, it's going to look extremely stone-chipped, unless it's a museum piece!

I will not heavily discount the car because of the above. I will consider serious offers, but I'm not desperate to sell. I'll gladly hold the car, forever, possibly. The main motivation for my selling is: A) the current value, and B) I'm a large guy, 6'3", 230lbs,and would fit better in a 360. However, amazingly, I can fit in the 328 GTB just fine, with no head rubbing, because of the GTB's arched roofline. Of course, the bonus with 328 GTBs is that they are extremely rare in the US, and will only continue to rise. And they drive great!

I just wanted to chime in here one last time to explain that this car is exceptional. A serious potential buyer/collector would be doing him/herself a disservice by dismissing this car because of one entry on a Carfax.

OK, back to our normal programming!

Greg Giacona

 

Thank you bullitt.


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