GTS (1985 to 1989)

The Ferrari 328 GTS, the open-top "Targa" sibling to the GTB, is arguably the most beloved iteration of the 1980s V8 era due to its perfect marriage of pin-up aesthetics and genuine usability. In the 2026 Australian market, the 328 GTS has solidified its position as a high-demand "gateway" collectible; market values for well-sorted, locally delivered right-hand-drive units typically range from $185,000 to $235,000 AUD, with exceptionally low-kilometre "time capsule" examples occasionally nudging $280,000 AUD at specialist auctions. Its desirability is incredibly high because it captures the iconic "Magnum, P.I." silhouette of its 308 predecessor while offering the superior 201kW (270hp) 3.2L engine and a significantly more ergonomic, leather-trimmed interior. Unlike the rarer GTB (coupe), which was produced in far fewer numbers, the GTS offers the visceral thrill of open-air driving, allowing the mechanical symphony of the quad-cam V8 to fill the cabin. The buyer pool is a competitive mix of Gen X enthusiasts fulfilling childhood dreams and astute collectors who value the 328's reputation as the most reliable classic Ferrari, thanks to its Bosch K-Jetronic fuel injection and the ability to perform timing belt services without a costly "engine-out" procedure. In Australia, the 1989 models—distinguished by their ABS brakes and convex "dish" wheels—remain the most sought-after, as they represent the ultimate, most refined evolution of Enzo Ferrari’s final analogue V8 design.

The Ferrari 328 GTS, the open-top "Targa" sibling to the GTB, is arguably the most beloved iteration of the 1980s V8 era due to its perfect marriage of pin-up aesthetics and genuine usability. In the 2026 Australian market, the 328 GTS has solidified its position as a high-demand "gateway" collectible; market values for well-sorted, locally delivered right-hand-drive units typically range from $185,000 to $235,000 AUD, with exceptionally low-kilometre "time capsule" examples occasionally nudging… Read more