£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
Track live values and receive listing alerts


£63,666
1992 Ferrari 348TS Targa
UK • 9 Sept 2023
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.
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)
World Record
If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]
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.
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]
Average Price
The mid-point of the vehicle's estimate places it near the average price we see for the [enter model]
Rare Sale
This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before
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

People Also Viewed - For Sale
People Also Viewed - Historic
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.

















