1978 Ferrari 308GTS Targa,1 of only 2,185 built! 5-Speed manual gearbox

Highlights

Ferrari introduced the stunningly beautiful 308GTS at the Paris Motor Show in 1975 which marked a return to Pininfarina styling following the Bertone-designed Dino 308GT4. Badged as a ‘proper’ Ferrari rather than a Dino, the newcomer had changed little mechanically apart from a reduction in both wheelbase and weight, retaining its predecessor’s underpinnings and transversely mounted 3-litre quad-cam engine. This superbly engineered power unit produced 255bhp, an output good enough to propel the 308GTS to a top speed of 150mph. Bodies were initially constructed in fiberglass, which was the first time this material had been used for a production Ferrari, but the switch was made to steel bodywork after April 1977. Further developments included the introduction of an open-top GTS version with a Targa-style removable roof. 1979 was the last year that Ferrari offered carbureted motorcars with their distinctive burbling sound and much higher horsepower than the fuel-injected models which followed in 1980, but not before 2,185 steel-bodied, carburated 308GTS's were produced.

The example offered here is finished in classic Rosso Corsa Red with an impeccably-kept tan leather interior and Daytona Black accents. With only 16,551 miles, it is an extraordinary original survivor that still retains its original tools and owners manual. Careful examination of this motorcar reveals details that are unique to an original car that cannot be replicated by restoration. It is a prime candidate for Ferrari Classiche certification and all classes of Concours competition including Preservation Class. Detailed service records accompany this car including an $18K invoice which documents a recent complete engine-out service during May 2015. This service inspection included a cam belt change, new belt tensioners and valve adjustment. This is arguably the best example of a Ferrari 308GTS to be found on the market today and we’re proud to offer this investment-grade GTS to the most astute collector or enthusiast who demands the best. Ready to make an investment you can actually enjoy? According to a recent article in Bloomberg, the current average value across the 308 range is up 190% since 2011. Click here to read the full article. Please contact one of our expert sales consultants for more information. They will be happy to give you a complete walk-around, supply you with a more detailed description, and answer any questions that you may have. Bid with confidence.

Daniel Schmitt & Co. is located in beautiful and historic St. Louis, Missouri. Daniel Schmitt & Co. is located in beautiful and historic St. Louis, Missouri. Our dealership spans 4 acres, boasts 3 luxurious showrooms, a state-of-the-art service department, a world-class restoration facility, and is only minutes away from Lambert International Airport. We are proud to offer some of the finest classic and luxury cars on the market today.

We are located in St. Louis, Missouri and have been a family tradition for over 50 years while serving some of the most prestigious clients in the classic car industry. Our dealership spans 4 acres, boasts 3 luxurious showrooms, a state-of-the-art service department, a world-class restoration facility, and is only minutes away from Lambert International Airport. We are committed to ensuring that your purchase is handled with the utmost care. Please feel free to contact us with any questions or concerns that you may have.

We look forward to working with you!

High Retail: $131,300.00

High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does not represent a "100 Point" or "# 1" vehicle *.* "100 Point" or "# 1" vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concourse judging and car shows. This type of car would be stored in a climate-regulated facility.

Finance rates as low as 5.9%.

We work closely with many banking institutions that understand and address the specific needs of our clients. Our finance department will work with you to determine the appropriate finance or leasing plan that best suits your needs.

Terms available up to 144 Months

If you have any questions, feel free to contact us, (314)291-7000 or credit@schmitt.com

* Rates vary depending on year of car, length of term and credit score.

Daniel Schmitt & Co. is a proud sponsor of M.A.D.D.

Warranty Available. Please inquire for more information.

Please note: Shipping costs are the responsibility of the buyer. The prices listed in our ads are only shipping estimates, not the actual cost. Shipping costs vary depending on vehicle size, fuel prices, and carrier type.

Vehicle may be sold by our dealership before the end of auction.

Daniel Schmitt & Company has described the above mentioned vehicle to the best of our ability. However, as with all pre-owned automobiles, the condition is subjective, and we recommend that the potential buyer fly out to inspect as well as test drive any of our vehicles before finalizing their purchase. If it is not feasible for you to personally perform an inspection, we will gladly help facilitate an inspection by an independent service center of your choice and will make delivery arrangements of the vehicle for this purpose. All vehicles are sold in "AS IS" condition. Extended warranty options are available on most vehicles. Please be advised that no oral statements concerning any vehicle constitutes a representation or warranty of said vehicle. Our goal is to provide you with the best service and buying experience as possible. All purchases include an additional $285 processing fee which covers the processing of paperwork, pre-vehicle delivery costs, FedEx shipping fees, and a 30-day temporary registration plate so that the vehicle can be driven prior to the title transfer. (ATTENTION INTERNATIONAL BUYERS: Please be aware that you will be responsible for the Federal Reserve fee(s) charged for all incoming wires).

In regards to winning bidders and Buy It Now customers: All winning bidders and Buy It Now bidders are encouraged to fly out and personally inspect the vehicle. If you deem the vehicle is not as represented upon personal inspection, we will not only refund your deposit, but will also reimburse your airfare at the cost of a coach ticket. Feedback must be left at the time of delivery upon final inspection.

Pertaining to non-eBay winners: Anyone who has provided a deposit but whose purchase is still pending, please note that said vehicle will not be held and is subject to being sold at any time until all contingencies are removed and the purchase order is signed.

The advertised mileage represents the actual miles when the car was posted online. These vehicles are test-driven and actual mileage may vary at the time of sale.

Condition Disclaimer

All used vehicles should be assumed to have some degree of wear. We do not manufacture our product. Each vehicle's brand has its strengths, styles, tendencies, and shortcomings. Despite our best efforts to verify a vehicle's mechanical condition, we are not able to warranty a manufacturer's workmanship or a previous owner's diligence in care of said vehicle. Due to this reason, all vehicles are sold "AS IS". There are no mechanical guarantees, expressed or implied.

Daniel Schmitt & Co. reserves the right to end the auction at any time.