£47,700
1994 Ferrari 348 Spider
Trade Classics • UK • 11 Aug 2022
Market Position:
Lower Mid-Market
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£47,700
1994 Ferrari 348 Spider
UK • 11 Aug 2022
Vehicle Details
AI Listing Summary
This 1989 Ferrari 348 Spider is a UK RHD model that has undergone significant maintenance by renowned Ferrari specialists in 2021. The car boasts a manual open gated V8, stylistic and performance design revisions made in 1993, including an engine output increase to ~316BHP, and is noted as being the first convertible Ferrari model since the Daytona Spider, making it a very desirable example.
Condition
7
The listing mentions that the car has had major work done by Ferrari specialists, including servicing, suspension overhaul, and a new clutch. It also states that the car has recently had maintenance work and a fresh MOT, indicating that it is in good running order. The listing does not mention any specific cosmetic or mechanical flaws, suggesting that any wear and tear is minimal.
/ 10
59,800 miles
RHD
United Kingdom
Manual
1994
Auction
£47,700
1994 Ferrari 348 Spider
Trade Classics • UK • 11 Aug 2022
Market Position:
Lower Mid-Market
Track live values and receive listing alerts
Description
Originally released in 1989 to replace the outgoing 328, the 348 took on design cues from the Testarossa.
It was the last V8 model to be developed under the stewardship of Enzo Ferrari, launched to the public after his passing.
Design revisions in 1993 were both stylistic and performance based, output was increased from ~289BHP to ~316BHP through an improved engine management and exhaust system.
This example is the Spider, featuring a 2 inch wider track and customised body parts, it was the first convertible Ferrari model since the Daytona Spider.
Major work was actioned on this UK RHD by renowned Ferrari specialists Rardley in 2021, coming in at a cost of ~£10,000 covering amongst a thorough servicing including all belts, suspension overhaul and new clutch.
The car has just had some more maintenance work and a fresh MOT, now ready for sale, this manual open gated V8 is certainly ready for a new owner to enjoy.
Price Analysis vs Other 348 Spiders
£32,710
Lowest Price (Since 2020)
£60,649
Median Price (Since 2020)
£124,731
Highest Price (Since 2020)
World Record
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Lower Mid-Market
Compared to previous sales, the sale price placed this vehicle in the lower mid-market for the 348 Spider.
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Average Price
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Rare Sale
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Previous 348 Spider Sales
MOT Information
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Latest MOT mileage:
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MOT History
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MOT Mileage Trend
Gallery
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Auction House Headquarters
Trade Classics
Blackdown Mill, Kenilworth Road, Leamington Spa, Warwickshire, CV32 6QT
Operating from Leamington Spa, Warwickshire, Trade Classics is an online auction platform handling classic, sports, and modern classic cars. They operate timed online auctions and provide vehicle consignment services.
Insurance
