Ferrari 308 GTS Price, Specs, HP And Engine

The Ferrari 308 GTS is an iconic sports car that made waves in the automotive world during its production years from 1977 to 1985. Popular for its striking design and impressive performance, this model became a symbol of luxury and speed. In this review, we’ll look into the details of the Ferrari 308 GTS, exploring its design, engine performance, driving experience, and overall legacy in the Ferrari lineup. Whether you’re a car enthusiast or just curious about classic sports cars, this review will give you a comprehensive look at one of Ferrari’s most celebrated models.

A Complete Ferrari 308 GTS Review

Here’s a detailed review of the Ferrari 308 GTS, exploring its specifications, performance, and lasting appeal.

1. Historical Significance of the Ferrari 308 GTS

The Ferrari 308 GTS, introduced in 1977, holds a special place in automotive history for its iconic design and performance, epitomizing the charisma of Italian sports cars in the late 20th century. Its introduction marked a significant development for Ferrari, showcasing a mid-engine layout that enhanced handling and balance, a departure from the front-engine configuration of its predecessors.

Designed by Leonardo Fioravanti of Pininfarina, the 308 GTS featured a striking angular design that has become emblematic of Ferrari’s style during that era. The car’s aesthetics were not just about looks; they also offered improved aerodynamics, which contributed to better performance.

Under the hood, the 308 GTS was equipped with a powerful V8 engine, which was a significant draw for sports car enthusiasts. This engine was not only capable of delivering exhilarating speed but also exhibited a sound that was distinctively Ferrari—a symphony of engineering that added to the car’s charm.

2. Ferrari 308 GTS Design and Construction

Exterior Styling

The design and construction of the Ferrari 308 GTB and GTS were the work of iconic Italian coachbuilder Pininfarina. The 308’s recognizable silhouette is carried by its sleek, flowing lines. At the time of its launch, the 308 was constructed in glass-reinforced plastic (GRP), an aspect conferring the car an ultralight feel. Remarkably, only around 808 fiberglass models were produced, and the bodywork construction returned to steel in 1977. The 308 GTB Berlinetta introduced at the Paris Motor Show in 1975, struck a chord with its fastback design.

The introduction of the 308 GTS followed in 1977, revealing a “targa-top” design. This open-top version bore a black satin-effect removable roof panel, a distinctive feature lending it an air of refinement and sportiness. Additionally, the rear quarter windows were covered with satin black finished hinged opening louver panels to add to its visual appeal. Despite the absence of a full roof, Ferrari made efforts to reinforce the chassis in key areas, upholding the structural integrity of the car. 

Interior Features

The interior of the Ferrari 308 blends luxury with sportiness. In the transition to the 1982 model, the 308 GTSi Quatrovalvole, the interior saw significant upgrades. One of the notable additions was an optional air-conditioning unit, ensuring comfort in all driving conditions. There was also the introduction of a redesigned three-spoke steering wheel, which became standard. Furthermore, the seating got a facelift with the option of a cloth center, a fitting choice for these classic sports cars designed for optimum driver experience.

3. Ferrari 308 GTS Performance


The Ferrari 308 GTS is powered by a 3.0-liter V8 engine. This engine is not just notable for its power but also for the distinctive sound it produces, which is quintessentially Ferrari. The mid-engine layout enhances the vehicle’s balance and handling, making it a true driver’s car.


The 308 GTS produces approximately 255 horsepower. This power output contributes to its lively performance and ensures that the car delivers the exhilarating driving experience expected from a Ferrari.


The car can accelerate from 0 to 60 mph in about 6.5 seconds. This acceleration capability highlights the vehicle’s agility and responsiveness, which are key characteristics of Ferrari sports cars.

Top Speed

The top speed of the Ferrari 308 GTS is around 157 mph. This makes it not only a pleasure to drive on open roads but also competitive on tracks, embodying the spirit of Ferrari racing heritage.

4. Ferrari 308 GTS Price

The current market price for the Ferrari 308 GTS varies depending on the model year and condition but generally falls within a specific range. As of now, average market values are as follows:

  • The classic Ferrari 308 GTS models from the late 1970s to early 1980s typically command prices around $71,430.
  • The Ferrari 308 GTS Quattrovalvole, produced from 1983 to 1985, sees slightly higher values, with current average prices around $80,373.

These prices reflect the car’s iconic status, desirability among collectors, and performance characteristics. The 308 GTS remains a symbol of Ferrari’s heritage and a coveted model for classic car enthusiasts.

5. Technical Specifications of the Ferrari 308 GTS

  • Engine Type: Naturally aspirated V8
  • Displacement: 2.9 liters (2926 cc)
  • Configuration: Transverse mid-engine, rear-wheel drive
  • Fuel System: Weber carburetors initially, later models had Bosch K-Jetronic fuel injection
  • Horsepower: Approximately 255 HP in the carbureted versions, with a slight decrease to around 240 HP in later fuel-injected models due to emissions controls.
  • Torque: Roughly 210 lb-ft of torque
  • Type: 5-speed manual
  • Drive: Rear-wheel drive
  • 0-60 mph: About 6.5 to 7 seconds
  • Maximum: Approximately 157 mph (252 km/h)
  • Construction: Tubular steel frame with fiberglass body
  • Layout: Two-seater sports car
  • Design: Styled by Pininfarina, featuring a removable targa top for the GTS models
  • Brakes: Four-wheel disc brakes
  • Suspension: Independent with coil springs, tube shocks, and anti-roll bar
  • Overall Length: About 172 inches (4,370 mm)
  • Width: Approximately 67 inches (1,700 mm)
  • Height: Roughly 44 inches (1,120 mm)
  • Wheelbase: 92 inches (2,340 mm)
  • Weight: Around 2,866 pounds (1,300 kg)
  • Average Consumption: Not highly efficient by modern standards, with older models typically averaging around 14-17 miles per gallon depending on driving conditions and maintenance.

6. Owning A Ferrari 308 GTS: Pros And Cons

The Ferrari 308 GTS, a timeless targa-top beauty from the 70s and 80s, holds a special place in the hearts of car enthusiasts. But is owning one a dream come true or a potential nightmare? Let’s look into the pros and cons to help you decide.


  • Thrilling Performance: While not a modern supercar, the 308 GTS offers a delightful driving experience. The mid-mounted V8 provides a thrilling soundtrack and satisfying power, especially for earlier carbureted models (pre-1981).
  • Unmistakable Style: The design is iconic. The wedge shape, retractable hardtop, and flying buttresses are guaranteed head-turners.
  • Investment Potential: Classic Ferraris, especially well-maintained examples, can appreciate in value over time.
  • Engaging Driving Experience: The 308 GTS is known for its communicative steering and responsive handling, making every drive an engaging experience.
  • Exclusivity: You’ll be joining a prestigious club of Ferrari owners.


  • High Cost of Ownership: Even though they’re not the newest Ferraris, buying and maintaining a 308 GTS is expensive. Parts can be pricey, and finding mechanics familiar with these classic models can be a challenge.
  • Reliability Concerns: These are not known for being the most reliable cars. Early models (especially carbureted versions) might require more frequent attention compared to modern vehicles.
  • Limited Practicality: The 308 GTS is a two-seater with limited cargo space. It’s not ideal for everyday errands or long road trips with a lot of luggage.
  • Fuel Efficiency: Don’t expect stellar gas mileage. These are powerful V8 engines from a time when fuel efficiency wasn’t a top priority.
  • Safety Considerations: Modern safety features like airbags and advanced driver assistance systems (ADAS) are absent in the 308 GTS.

Frequently Asked Questions

Is the Ferrari 308 a genuine Ferrari model?

Indeed, the Ferrari 308 is a legitimate Ferrari model. The name ‘308’ corresponds to its 3.0-liter V8 aluminum engine. The car made its debut with a hardtop configuration in 1976.

What does 308 signify in Ferrari?

The ‘308’ in Ferrari 308 refers to the 3.0-liter 8-cylinder engine in these sports cars. Three different models featured this engine: the Ferrari GT4, a Bertone-styled 2+2 V8, which was the successor to the Dino.

Is the Ferrari 308 considered a rare model?

In the eyes of collectors, the early ‘vetroresina’ or fiberglass variant of the Ferrari 308 is especially prized. Its appeal lies both in its rarity and its qualities of lightness and speed.

Is the Ferrari 308 GTS a reliable car?

Generally, all models of the Ferrari 308 – and the 328 – are considered reliable. These cars are quite simple in terms of Ferrari standards: generally reliable, relatively easy to work on, and good value. Provided they have not been in accidents or poorly maintained, their upkeep is relatively affordable in Ferrari terms.

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