Gated Gearshift: 1983 Ferrari 308GTSi Quattrovalvole Targa – $75,000

by | Jun 2024 | Craigslist ClassiFINDS, Malaise Monday

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One of the prettiest and most iconic car designs of the Malaise Era (1972 to 1984) was the mid-engined Ferrari 308, penned by Pininfarina designer Leonardo Fioravanti. Produced from 1975 through 1985, the Ferrari 308 symbolizes how automakers slowly returned to high performance as technological advances progressed during the period.

When Ferrari launched the 308 in 1975, the two-seat, mid-engined sports car featured a body made of glass-reinforced plastic (“GRP”) and carburetted 2.9 Liter V8 producing only 237 brake horsepower in U.S. trim.   Over the next several years, further emission controls and Bosch K-Jetronic fuel injection lowered power output to only 201 brake horsepower. Further reducing the 308’s performance was Maranello’s decision to convert the car from GRP to traditional steel bodies, which added over three pounds to the car’s weight.

Help arrived in 1982 with a revised 32-valve double overhead cam, four valves per cylinder, 2.9-Liter V8, which restored the 308’s performance. The updated engine produced a respectable 230 SAE net horsepower for US-bound examples.  Known as the 308 Quatrovalvole,   or “QV” for short, these later models are the more desirable 308 Ferrari to own.

This Rosso Corsa 1983 Ferrari 308GTSi QV For Sale, first spotted on Craigslist in Lakeland, Florida, in June 2024, is reported to be a 45K original-mile example that is garage-kept. The seller notes that their Ferrari benefits from a fresh air conditioning compressor and hard-to-source, period-correct Michelin TRX radial tires.  

Currently offered for $75,000,, the analytics and search engine for the collector car market, confirms the ask aligns with this guide’s six-month results for all Ferrari 308 QV’s produced between 1983 and 1985.  By clicking on the green dots in the graph below, you can get a sense of what comparable examples sold for recently:

As a second data point, the  Collector Car Market Review Online Tool reveals the seller’s ask falls between this guide’s #3 “Good” estimate of $66,000 and its #2 “Very Good” appraisal of $81,000.

Ferrari produced the mid-engined 308 two-seat sports car from 1975 through 1985. In 1983, the 308’s 2.9-liter V8 received a major update: four-valve cylinder heads driven by double overhead cams. Ferrari labeled the updated model the 308 Quattrovalvole (“QV” for short).  The four-valve design dramatically increased the engine’s ability to “breathe,” thus improving power and fuel efficiency.

The 2.9 Liter QV engine produced 240 horsepower at 7,000 rpm and 192 lb-ft of torque at 5,500 rpm. The higher power output compared to the earlier models is attributed to better air-fuel mixture intake and exhaust expulsion, thanks to the Quattrovalvole configuration. Fuel delivery is managed by a Bosch K-Jetronic fuel injection system, which replaced the earlier carbureted system. This system provides more precise fuel metering, improving performance and reducing emissions.  The 308 GTSi QV only came equipped with a five-speed manual transmission, controlled by Ferrari’s iconic chrome-plated gated shifter.

The Ferrari 308 relied on tubular steel construction, which supported independent suspension at all four corners. Unequal-length wishbones, coil springs, hydraulic shock absorbers, and anti-roll bars balanced excellent handling and ride comfort. To stop the 308, Ferrari engineers installed ventilated disc brakes on all four wheels.

Ferrari offered the 308 in two body styles.  The GTB, or Berlinetta, was the fixed roof version, while the more popular GTS featured a removable targa top.  Ferrari 308s of this period featured interiors fully trimmed in leather.

While the Ferrari 308 may not provide the performance of the company’s modern offerings, we argue the analog driving experience of the 308, especially with the Targa top removed, provides a more enjoyable experience on most two-lane roads.

The MotorWeek RetroReview YouTube Channel features this drive in the country with a similar 1983 Ferrari 308GTB QV:

With only 45K original miles, this 1983 Ferrari 308 GTS Quattrovalvole for sale is a nicely preserved survivor-quality example. Since the seller does not mention it, our first question is when the last time their Ferrari benefitted from an “engine-out” service to replace the drive belts and a tune-up. Unfortunately, most knowledgeable Ferrari enthusiasts recommend performing this labor-intensive maintenance every three years, so it’s highly likely this 308 is overdue for this service.  Consequently, the seller may have accounted for that in their pricing.

If you are serious about buying this 308 GTS QV, you can start the conversation by using the contact information provided by the seller in their Craigslist ad.  When you connect, please mention that you saw their Ferrari featured here on Good luck with the purchase!

Here’s the seller’s description:

“1983 FERRARI 308 GTSi QUATTROVALVOLE with a Removable Targa Top. Excellent condition, 45K miles, garage kept.


Equipped with a 5-speed manual gated gearbox and fuel-injected V8 engine. New AC compressor. New Micheline TRX tires, same as original when new.
This car is a work of automotive art and engineering and destined to increase in value.
Please text.

Show or go: What would you do with this 1983 Ferrari 308 GTS QV for sale? Please comment below and let us know!


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