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Cars / Ferrari / 308 GTSLive
1977 Ferrari 308 GTS

✦ Shifty Estimate

$88,500

6.1% · 12 mo
High confidence$55K to $115K
12 months median
$66K
Market cap
$284.9M · 3,219 built
Sales, 12 months
11
For sale now
1
Original MSRP
$32,000 · ▲ 177% since

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1977 Ferrari 308 GTS

1977 to 1985 · Targa · 3,219 built

Price history

$250k$500k$750k$1.00MFeb 20182020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $89k
Sold Bid, not sold
72 sales · 23 unsoldmedian $66kupdated Jul 2026

Specifications

Engine
Naturally Aspirated V8, 3.0L
Power
255 hp
Torque
210 lb-ft
0 to 60
6.7s
Top speed
153 mph
Transmission
Manual
Drivetrain
RWD
Curb weight
2,932 lb
Production
3,219 units
Original MSRP
$32,000
Designer
Pininfarina

Common questions

How much does a Ferrari 308 GTS cost?

A 1977 Ferrari 308 GTS cost $32,000 new. Over the past 12 months, 11 have sold publicly at a median of $66,000. The Shifty Estimate for a well-kept example is $88,500. Cars have changed hands anywhere from $54,950 to $115,156, depending on mileage, color, and history.

What is a 1977 Ferrari 308 GTS worth today?

The Shifty Estimate is $88,500, down 6.1% over the past 12 months. That sits above the $66,000 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. Confidence is high: 11 public sales in a year gives a firm read.

Is a Ferrari 308 GTS a good investment?

It has appreciated 177% against its $32,000 list price. Values are down 6.1% over the past 12 months. Only 3,219 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $50,000 to $1,158,125, and mileage explains most of that.

What has a Ferrari 308 GTS sold for at auction?

The 3 most recent public sales we have on file:

  • $116,555Jul 16, 2026Rosso Rubino Metallizzato · 66,000 mi
  • $64,500Jun 30, 2026Red · 38,000 mi
  • $64,055Jun 2, 2026Rosso Corsa · 24,000 mi

The 308 GTS pioneered the removable targa roof concept that became synonymous with 1980s Ferrari glamour. Tom Selleck's red GTS in Magnum P.I. transformed this car into a cultural icon, though the association somewhat overshadows its genuine engineering excellence. The targa configuration required structural reinforcement that added weight but enhanced rigidity, while the removable roof panel stored neatly behind the seats. European-spec examples with higher compression and carburetors are most desirable, offering superior performance over US-market cars hobbled by emissions equipment. The GTS outsold the fixed-roof GTB significantly, making it more common but no less desirable. Recent market appreciation reflects growing recognition that the 308 GTS defined an era of automotive design and lifestyle aspiration that may never return.