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Ferrari 348

1989

THE VEHICLE AT A GLANCE

Model dossier

Production period
1989
Body style
Berlinetta / Targa
Engine
V8
Type
Limited
Production
8844

THE PEOPLE BEHIND THE CAR

Coachbuilding, design & conversions

PRICE & SALES RECORD

Vehicle value

Original price
Not documented
Latest recorded sale
EUR 52,800 2020 · RM Sotheby'sRecorded sale of an example of this model.
Price details & sale history ↗

01 / THE STORY

History & context

The Ferrari 348 was presented in September 1989 at the Frankfurt Motor Show. The list price, at the time of the debut, was 140 million lire. The design of the 348 is due to Leonardo Fioravanti who worked at Pininfarina and was distinguished by the retractable headlights and the side panels with blades borrowed from the Ferrari Testarossa. For this particular, the 348 is nicknamed “the little Testarossa”. In 1993, the 348 Spider with a foldable canvas top was introduced. This version also brought several updates of both aesthetic and mechanical nature to the range, and the new name of the previous TB and TS versions respectively in GTB and GTS. Power increased from 300 to 320 hp; the front wing and side skirts were now in body color unlike before which were black. The Ferrari 348 was designed by Leonardo Fioravanti who worked at Pininfarina and was distinguished by the retractable headlights and the side panels with blades borrowed from the Ferrari Testarossa. For this particular, the 348 is nicknamed “the little Testarossa”. In 1993, the 348 Spider with a foldable canvas top was introduced. This version also brought several updates of both aesthetic and mechanical nature to the range, and the new name of the previous TB and TS versions respectively in GTB and GTS. Power increased from 300 to 320 hp; the front wing and side skirts were now in body color unlike before which were black. The Ferrari 348, as in many previous modles, the numerical indication of the displacement was chosen for the abbreviation that names the car, 3.4 liters (3.405 cm³ to be exact) from which 34, followed by the indication of the number of cylinders 8. Instead the abbreviations “TB” and “TS” stand for “Trasversale Berlinetta” and “Trasversale Spider” respectively. The term “Transverse” refers to the position of the gearbox with respect to the longitudinal axis of the car. The V8 engine is instead mounted longitudinally. The Ferrari 348 coupé, called TB, is characterized by the typical Berlinetta bodywork while the TS is equipped with a removable hard-top that makes it fit into the type of car defined as Targa. The first specimen produced was a white 348 TS with North American specifications.

02 / TECHNICAL IDENTITY

Specifications & construction

Production & construction

Production
8844
Production type
Limited

Engine & performance

Engine configuration
V8

Dimensions & accommodation

Length
4,230 mm
Width
1,890 mm
Height
1,170 mm

Design & manufacture

Design Studio · Documented
Pininfarina
Manufacturer · Documented
Ferrari
Designer · Candidate
Guido Campoli

04 / INDIVIDUAL HISTORY

Chassis & provenance

Ownership & provenance

Ownership & history · Legacy attribution
Museum Car

05 / VALUE

Value & price history

Recorded sale history

EUR · 2 recorded sales

Last sale
EUR 52,8002020
Highest sale
EUR 149,5002 recorded sales
Average sale
EUR 101,150Completed sales only

RECORDED SALES

Recorded sale history

EUR

Recorded sale history

EUR · 4 dated sales
Scatter plot of completed auction sales. Every point has its own date. The gold line connects recorded prices for the selected currency only; different chassis may be represented. Horizontal positions represent calendar time. Year-only and month-only dates use approximate plotting positions. 164,005 101,150 38,295 2017 2018 2019 2020 EUR 149,500 · 2017 · RM Sotheby's EUR 149,500 · 2017 · RM Sotheby's EUR 52,800 · 2020 · RM Sotheby's EUR 52,800 · 2020 · RM Sotheby's
2020
RM Sotheby's · Chassis not verified
EUR 52,800

Each point is a completed sale with its own date, in chronological order. Dates are positioned by calendar time, with approximate placement when only a year or month is documented. The connecting line shows observed sales prices in this currency, not an appreciation index: transactions may concern different chassis and specifications. Factory prices and unsold estimates are excluded.

Auction & sale history

Date Venue Chassis Record Status Amount
2020 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 52,800
2020 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 52,800
2017 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 149,500
2017 RM Sotheby's Model-level · chassis not verified Sale price Sold EUR 149,500

Market observations describe documented transactions, estimates or offers. They are not themselves a current valuation of the vehicle.

06 / EVENTS & AWARDS

Events & awards

Frankfurt General · legacy_preserved
Date
1989
Chassis
General

Preserved CI 1.0 relation. Evidence field: _yoast_wpseo_primary_events. No award inferred.

08 / FROM THE ARCHIVE

Archive

References held in the vehicle dossier. Their inclusion does not establish that every historical claim has been independently verified.

ReferenceSource type
Ferrari — 348 TB / 348 TS www.ferrari.com Manufacturer official history
Ferrari Club of America Las Vegas Chapter — Ferrari 348 model summary ferrariclubvegas.com Marque club model reference

10 / CONNECTED HISTORY

Timeline

Chronological history5 dated records
  1. Unassigned chassis · Event

    Frankfurt

  2. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 149,500

  3. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 149,500

  4. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 52,800

  5. Unassigned chassis · Auction

    RM Sotheby's · Sold · EUR 52,800

THE CONVERSATION

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