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£63,666

1992 Ferrari 348TS Targa

Bonhams • UK • 9 Sept 2023

Market Position:

Highest 30% of Past Sales

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£63,666

1992 Ferrari 348TS Targa

UK • 9 Sept 2023

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Vehicle Details

AI Listing Summary

This 1992 Ferrari 348TS Targa, with only two owners and approximately 9,000 miles, is coming to market in excellent condition. Recent service work, including a new clutch and battery, makes this low-mileage example worthy of close inspection.

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Condition 

8

The car has low mileage, only two owners from new, and recent service work including a new clutch and battery. The description mentions it has been carefully looked after and is in excellent condition underneath. The listing specifies minor use since purchase.

/ 10

9,000 miles

ZFFKA36C000093034

RHD

United Kingdom

Manual

J494MHR

1992

Auction

£63,666

1992 Ferrari 348TS Targa

Bonhams • UK • 9 Sept 2023

Market Position:

Highest 30% of Past Sales

Track live values and receive listing alerts

Description

• Two owners from new • Circa 9,000 miles from new • Recent service and check "How do you replace a classic? It's tough, but it needs to be done eventually.

Ferrari's transformation of the 328 into the 348 is much more interesting from a technical and engineering viewpoint (because serious dynamic issues have been addressed by a good team of development engineers) but it's bound to be the shape that people talk about first." – Fast Lane.

First seen in prototype form in 1987, the Ferrari 348 entered production in 1989, replacing the immensely successful 328 GTB/GTS.

Mid-engined like its predecessor, the 348 differed by mounting its four-valves-per-cylinder, quad-cam V8 engine - now enlarged to 3.4 litres - longitudinally, enabling it to be positioned lower in the chassis.

Another new departure was the transversely mounted five-speed gearbox - a spin-off from Ferrari's contemporary Formula 1 technology - that enabled weight to be concentrated within the wheelbase.

This combination o...

Price Analysis vs Other 348 TSs

£32,745

Lowest Price (Since 2020)

£58,847

Median Price (Since 2020)

£230,862

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Highest 30% of Past Sales

Compared to previous sales, the sale price placed this vehicle in the highest 30% of past sales for the 348 TS.

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Lowest Price

If this vehicle sells at the mid-point of its estimate it will be the lowest price we've seen for the [enter model]

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Average Price

The mid-point of the vehicle's estimate places it near the average price we see for the [enter model]

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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Icon

This vehicle is an icon of the game. Any collection would benefit from having one

Previous 348 TS Sales

MOT Information

Expired

Expired on 5th Aug 2026

Latest MOT mileage:

9,742 miles

MOT History

Passed

On 6th Aug 2025, 9,742 miles


Passed

On 20th May 2024, 9,717 miles


Passed

On 25th Apr 2023, 8,796 miles


Failed

On 25th Apr 2023, 8,796 miles

There were 2 defects noted.

Major:
- Horn not working (7.7 (a))
- Parking brake efficiency below requirements (1.4.2 (a) (i))

MOT Mileage Trend

Gallery

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Auction House Headquarters

Bonhams

101 New Bond Street, London, Greater London, W1S 1SR, England

Operating from London, Bonhams is a physical auction house handling classic, historic competition, and collector cars. They conduct live auctions globally, offering vehicle consignment, appraisal, and valuation services.

Insurance

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