Magnum P.I.'s Awesomely '80s Ferrari Heads to the Auction Block

Mustache not included.
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Mustache not included.
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Everyone wanted Magnum P.I.'s Ferrari. The guy showed a generation of TV viewers in the '80s that you didn't actually have to be able to buy a Ferrari to drive a Ferrari.

But now, if you've got $150,000 to $250,000 in free cash, you can own one of the actual cars everyone lusted after. This 1984 Ferrari 308 GTSi QV was star Tom Selleck's ride during the 1984-'85 shooting season and it is headed to the auction block at Bonhams' Scottsdale sale January 19.

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The show ran from '80-'88, and Magnum's patron Robin Masters must've had a lease arrangement, because the crimson beauty magically updated to the latest specification every couple years during the show's run.

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After the shooting was finished, the production company returned the car to Ferrari, which repainted it and sold it as a "demo" car to its first owner in 1986. The current owner bought the car in 1989.

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To refresh your memory, in Ferrari's nomenclature the "308" means that it is powered by a 3.0-liter V8 engine, in this case, one that was then rated at 232 horsepower. The GTS means that it a GT Spyder, so the roof comes off. The lower-case "i" suffix refers to the Bosch K-Jetronic fuel injection that replaced the original carburetors and the QV indicates that it is a Quattrovalvole, or four-valve-per-cylinder engine.

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So this was the high-water mark of 308 development. This particular example has less than 36,000 miles on it and has just had the all-important, and costly, 30,000-mile service performed whose necessity undercuts the value of so many old 308s.

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The tan upholstery has been freshly re-dyed and the car is factory original other than the installation of a symphonic Tubi exhaust system.

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Hagerty classic car insurance says that a Ferrari 308 in absolutely perfect condition is worth about $80,000, so this car is selling for a significant premium due to its provenance.

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But for people of the target demographic, who hypothetically could have been involved in the invention of a dorm drinking game that required a drink whenever the Ferrari appeared on-screen during the hour-long show, the price could be right. 

The game was fun until Magnum sat in the damn car during a stakeout for half the show.