Current 328 Prices

That is a fair price from a private party, assuming the car has reasonable mileage and passes a PPI.
Do "up to date services" mean a recent major service in the last 3-5 years?
How does the interior look? Suspension?

I think $50K from a dealer is on the low side. It may be a decent bargain or it may have some issues.
What's the mileage?

 

You will also see a range in price across the model years. Although there is not agreement on the late ones with the convex wheels and ABS as necessarily being better cars they do get a higher price.

You fast high point questions:

Year
Last major/belt change
Mileage
How much documentation on the car - all service records from new or from what point in time
Condition, or put another way how close to absolute perfection
All manuals
Tool roll

Jeff

 

I have no idea what the price is but they have a red/tan 328 in the showroom at Ferrari of Washington (DC) 703-478-3606. I don't think they would offer it if it was not near perfect. It has a sign on it that says "Ferrari Clasique eligible" or something like that. (Just trying to help)

 

It's an 89 GTS, 39,000 miles, $59000. They say the major service was performed a month ago. No pictures of the interior.

http://inventory.fwash.com/car/site/site.php?view=pur-inv-f&context=inventory__1

 

I've sat in that car. It's very nice. No idea of the mechanicals, but the interior and engine bay cosmetics are A+

 

Ok if PPI is A1.
How many miles?
But that is just my 0.02$

 

When I bought mine about 5 years ago, the convenional pricing wisdon I was told to expect was $40 to $45k. What I found was that in that price range they all had needs, some more than others. The best cars were in the high $40k's without exception (low miles, all tools & books, good to excellent cosmetics). My (causual) observation is that prices on 328's have gone up about 10% since, so my guess is that current pricing for a good, low mileage (20 to 25K miles) 328 is probably $50 to $55k give or take a little for any specific car. If you want an 881/2 or 89, you're looking at the high $50k's. There are plenty of cars out there, but it did take me almost 1 year to find mine. I saw and drove a lot of cars (7 or 8 or so I think). Take your time and only buy a good car. If you do it will reward you. If you do not, it will probably be your first and last Ferrari.

Your mileage may vary.

Alberto

 

I concur.

FWIW, every 328 is now a used car, which means pricing is based on negotiation between buyer and seller. For example, if you come across a blu chiaro 328 with 18K miles on it, nice service history, great condition, etc., and you want a blu chiaro 328 with that kind of low mileage, the field is pretty thin. You can say "the price on an '87 328 is about $50K and I will pay that amount", but bottom line is that Maranello is not producing any more, so basing a deal on some theoretical price is only going to help you so much.

My personal perspective: If I ever decided to buy another 328, I wouldn't spend much time looking at cars under $50K. At $60K, a pristine '87-'88 328 is the best value in the sports car world right now. With the average price of a major service running about $4000, it seems penny-wise/pound-foolish to me to try to go cheap on the purchase. If a great car comes up at $48K, fantastic - grab it. But like Alberto I've seen a pretty stark line between the <$50K and $50K+ 328s.

 

If he doesn't have one for sale, he could quote anything.

FWIW, $50K is probably right for a hypothetical really clean driver, desirable colors, average mileage, without a long to-do list.

 

I agree. $50000 should get you a very nice 86-88 GTS with 15-30K miles with full service done. Absolutely spend a few more $ if you can find a pristine one. The good ones are rising fast because there are less of them every year and the less than good ones are getting cheaper becasue there are more of them every year. Its all about what you personally want. If your not a perfectionist and dont treat your car like a nut, then dont waste your money on a great one. If you love the car and wish they still made that model, then go out and find one thats like new and pay the premium.