Home/ News

1980 Ferrari 308 GTS Price Check: Is $58,500 a Good Deal?

1980 Ferrari 308 GTS – Price Check

Bottom line: The 1980 Ferrari 308 GTS listed for $58,500 is a mixed bag – it offers classic looks and raw V8 charm, but mileage, wear and market comparables make the price questionable.

1980 Ferrari 308 GTS Price Check: Is $58,500 a Good Deal?

Advertisement

Advertisement

Image: 1980 Ferrari 308 GTS Price Check: Is $58,500 a Good Deal? – Performance Comparison and Specifications

Engine Mileage Price Top Features
2.9 L V8 ~70,000 mi (≈112,000 km) $58,500 Fiberglass body, Targa top, Original dashboard

Design & Looks

The 308 GTS still turns heads. Its low, wedge‑shaped fiberglass body and the removable Targa roof give it a silhouette that feels both 80s and timeless. The car in the ad shows a few dents, paint fade and a cracked rear bumper – signs of a “battle‑scarred” history. For many collectors, a little patina adds character, but serious buyers will want to budget for paint correction or panel work.

Advertisement

Advertisement
  • Classic Ferrari V8 sound
  • Original leather interior (show‑room condition)
  • Red paint with slight oxidation

Performance & Mileage

Under the hood sits a 2.9‑liter V8 that makes roughly 240 hp at 7,500 rpm. It’s not a modern supercar, but the rev‑hungry engine delivers a pure, analog driving feel. The listed mileage of about 70,000 miles is modest for a 44‑year‑old car, yet it’s enough that the engine may have seen several rebuilds or at least regular maintenance.

Fuel economy is poor by today’s standards – roughly 12‑14 mpg combined. That’s expected, but it’s worth mentioning for anyone who plans to drive it regularly.

Price & Rivals

At $58,500, the asking price lands between two market poles. A well‑preserved 308 GTS in North America often sells for $80,000‑$100,000, while a project car with major rust can dip below $40,000. Comparable models like the 308 GTB or the earlier 308 GT4 sit in similar ranges, but they usually come with better rust protection or a cleaner interior.

Advertisement

Advertisement

Considering the car’s condition, you’re paying a premium for the Ferrari badge rather than a pristine example. If you’re comfortable handling minor body work and can verify a solid service history, the price could be justified. Otherwise, you might find a cleaner example for a similar or slightly higher cost.

FAQ

  • What is the mileage of this 1980 Ferrari 308 GTS? About 70,000 miles (≈112,000 km) according to the listing.
  • Is a 308 GTS worth buying for daily use? It offers excitement, but its fuel economy, ride comfort, and maintenance needs make it better suited as a weekend cruiser or collector’s car.
  • How does $58,500 compare to other 308 GTS listings? It sits in the mid‑range – cheaper than fully restored examples, but pricier than projects needing extensive body work.

If you’ve seen this Ferrari or own one, share your thoughts in the comments below.

Advertisement

Advertisement


Auto NewsIndia UpdatesLatest Torque

Advertisement

Advertisement
Advertisement
Advertisement