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?
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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.
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- 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.
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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.
Source: Read Official News
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