49Km/30 mile '89 328 GTS : £200K + | FerrariChat

49Km/30 mile '89 328 GTS : £200K +

Discussion in '308/328' started by 4rePhill, Oct 17, 2025 at 2:49 PM.

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  1. 4rePhill

    4rePhill F1 Veteran

    Oct 18, 2009
    8,284
    Worcester, England
    Full Name:
    Phill J
    Just found this 1989 328 GTS coming up for a sealed bid auction on Bonhams auction site: https://carsonline.bonhams.com/en/listings/ferrari/328-gts/cbf84686-6244-40ec-9228-72fd02808e32

    A Swiss/Sweden market car with only 40Km / 30 miles on the clock.

    As a great example of how Ferrari's not being used is not good for them, the history section states:

    "In 2019, the car had its ‘2nd year’ (!) annual service with marque main dealer Carrs of Exeter.

    The service included the replacement of all cambelts, auxiliary belts and tensioners, plus a new battery and replacement bonnet and boot struts.

    Carrs also carried out some maintenance work and fitted new gaskets and seals to the gearbox and sump in October 2023."

    So it would seem it was leaking oil due to a lack of use.

    They're asking for sealed bids over £200,000 / $268,605! :eek:

    I find the fact that this car has only been driven 49Km / 30 miles in 36 years seriously tragic!

    Worth the money being asked? :confused:
     
  2. Portofino

    Portofino Formula Junior

    Sep 17, 2011
    957
    Yorkshire UK / Switzerland/ Antibes France
    Full Name:
    Portofino
    Had a large boat once with 13 litre diesels . In the winter lay up the engines were often not run for months .
    One yr it was coming up for it valve lash adjustment. Each cylinder had individual valve covers such was the scale of the motors .
    About 3-4 month s since it last ran I removed a valve cover ( two bolts easy ) to eye ball the future up and coming job , you know check I would have tools etc when it came round to doing all 12 .

    To my amazement the rocker valve gear was bone dry . Bone dry totally . It looked as if it had never seen oil , that dry .
    Oil being a liquid had moved down over the 3-4 months back into the sump leaving nothing up top .

    A week after shut down …Yeh there’s oil evidence enough to lubricate etc .

    Back on topic can’t see how a 30 mile in 3-4 decades considered the amount of down time car can be any good .
    And then there’s the rubber hose deterioration……..
    Having said all this there’s a significant number of numpty mechanical minded car collectors out there who are oblivious to the difference between a crank shaft and cam shaft , so narrow minded that they only recognise milage as the yardstick to a good purchase.

    They pass cars amongst themselves .
    I am not in there circle . It’s a large circle btw .
     
  3. GrigioGuy

    GrigioGuy Splenda Daddy
    Lifetime Rossa Owner

    Nov 26, 2001
    33,543
    E ' ' '/ F
    Full Name:
    Enzo Gorlomi
    That car was stillborn. A pity.
     
  4. s219

    s219 Formula Junior

    Aug 26, 2021
    516
    Such low mileage but I still see signs of aging, wear & tear, and lots of fine scratches in the paint. I certain aspects, it looks worse than cars I've seen with far higher mileage. Not surprised it was leaking oil, as Ferrari's aluminum castings have some porosity and their gasket designs are extremely optimistic. Gravity alone is the enemy when it comes to engine and gear oil leaks.

    It reminds me, years ago when shopping cars, the only 328 I came across with significant rust was a super low mileage car and the owner washed it frequently. He spent more time babying it than driving it, and that actually was worse for the car!
     
    ZikZak likes this.
  5. ChevyDave

    ChevyDave Formula Junior

    Dec 21, 2019
    498
    Pacific Northwest, USA
    Full Name:
    Dave W
    That is entirely dependent on one's definition of worth. "Worth" it as an investment? "Worth" it as a functional automobile? "Worth" it for bragging rights to having an expensive novelty?
    Where I see the car's true worth is in having a future reference for how a 328 was delivered from the factory....and I'm OK with that for a limited number of exceptional cars like this. In the end though, this car is just like any other: it will be used as its owner sees fit, the rest of us be damned.
    - Dave
     
    mike996 likes this.
  6. Imatk

    Imatk Formula Junior

    May 6, 2007
    846
    Museum car only. This car will never be driven, which is sad to me, but that's me.
     
    TheMayor likes this.
  7. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    107,486
    Vegas baby
    Why would anyone want this?

    Its like marrying a super model and never taking her to bed.

    Its like buying a prized race horse and locking it up in the stable.

    Mine has 80K on the clock. I drive it every week. I park it where I want. I fix whatever breaks when it breaks.

    I'll keep mine, thank you.
     
  8. ZikZak

    ZikZak Karting

    Dec 18, 2023
    227
    Vancouver/Los Angeles/Miami
    Full Name:
    Dickie Maxwell
    My question is how do you know it wasn't rolled back? Sure, it may not be a 50k mile car, but it could be a 10k mile car, which, while still low, is very different than a 30 mile car. They're asking a 100%+ premium for something that can't really be proven.
     
    Imatk and TheMayor like this.
  9. 4rePhill

    4rePhill F1 Veteran

    Oct 18, 2009
    8,284
    Worcester, England
    Full Name:
    Phill J
    The lack of wear on the throttle pedal tells me instantly that this car hasn't been driven for thousands miles.

    You could argue that every single car you ever buy could have had its odometer rolled back, including a car bought brand new from the factory - You can't prove the factory didn't drive a car for a couple of thousand miles with the odometer disconnected.
     
  10. moysiuan

    moysiuan F1 Rookie
    Silver Subscribed

    Nov 1, 2005
    4,293
    Canada
    That was a rough 40 miles! An incorrect oil filter replacement. The tires are not the originals. The air filter intake was of the foam insulated type unique to the Swiss models, and has been replaced by a incorrect silicone type hose. The stainless muffler looks slightly corroded, as does the cad plate on the fuel lines.

    For a true unmolested museum piece, the price might make sense. But as it is, this is sloppy preparation, which raises questions.

    It will be a no sale, or a fake sale that doesn't actually close. Probably a $125k car for the right buyer who can do the proper detailing and further recommissioning work to make it a usuable collectible car.
     
  11. 4rePhill

    4rePhill F1 Veteran

    Oct 18, 2009
    8,284
    Worcester, England
    Full Name:
    Phill J
    Why would anyone buy a bottle of ultra rare vintage wine for hundreds of thousands of dollars, knowing they will never drink it, and not knowing if it's turned to vinegar? - People do though!
     
  12. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    107,486
    Vegas baby
    Great point. I would buy neither. I'm sure it has value to someone but a car was meant to be driven. The best cars are survivors where real people used and enjoyed them, then someone restored them for others to enjoy.

    There is more joy in saving something than hording it.
     
    ZikZak likes this.
  13. ZikZak

    ZikZak Karting

    Dec 18, 2023
    227
    Vancouver/Los Angeles/Miami
    Full Name:
    Dickie Maxwell
    I suppose, but then again the factory doesn't ask me to pay 2x sticker for a low mile car, either.
     

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