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£46,640

1994 Ferrari 348 Spider

Trade Classics • UK • 5 Sept 2024

Market Position:

Lower Mid-Market

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£46,640

1994 Ferrari 348 Spider

UK • 5 Sept 2024

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Vehicle Details

AI Listing Summary

A rare 1994 Ferrari 348 Spider with only ~27,659 miles, this RHD model is one of the last produced and comes in a desirable Rosso Corsa with beige leather. It boasts a comprehensive service history, including a recent major service with cambelt change, and includes the original Schedoni toolkit.
Despite its overall good condition, the listing notes minor cosmetic imperfections such as wheel rim damage, paint chips, and some corrosion, alongside a non-functional air conditioning system, which are areas for potential reconditioning.

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Condition 

7

The car presents very well with a deep lustre paint and clean interior. However, there are some cosmetic blemishes noted, including minor rim damage on the wheels, minor corrosion on the lower wheel arch lips and around the side repeater, some blemishes on the base of doors and kick plates, and minor paint chips. The air conditioning is also not functional.

/ 10

27,659 miles

ZFFUA43C000099858

1994

Auction

Manual

RHD

United Kingdom

£46,640

1994 Ferrari 348 Spider

Trade Classics • UK • 5 Sept 2024

Market Position:

Lower Mid-Market

Track live values and receive listing alerts

Description

Created in 1989 and quite obviously leaning heavily on the iconic styling traits of the Testarossa and F40, the 348 was the car to bring the illustrious brand into the 1990s, with dual computer management, ABS and adjustable ride-height suspension.

Initially sold as a fixed-head coupe or targa, the 348 was revised in 1993, to iron out some of the criticisms, increase the power and offer some visual upgrades over the original.

One of the most notable aspects was the inclusion of the Spider, the first open-top Ferrari since the Daytona of the early '70s.

Featuring a slighter wider rear track, it used the same F119H higher compression engine as the 348 GT with a new gearbox.

The results were intoxicating and has realigned the 348 as one of Ferrari's underrated greats.

The 348 was the last junior Ferrari developed under Enzo Ferrari's personal supervision, it was a modern Ferrari without diluting the rich experience of what is now considered one the best mid-engined cars of its era.

...

Price Analysis vs Other 348 Spiders

£32,710

Lowest Price (Since 2020)

£60,649

Median Price (Since 2020)

£124,731

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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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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Lowest Price

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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

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Previous 348 Spider Sales

MOT Information

Valid

Expires on 7th May 2027

Latest MOT mileage:

28,714 miles

MOT History

Passed

On 8th May 2026, 28,714 miles


Passed

On 7th May 2025, 27,717 miles


Failed

On 2nd May 2025, 27,707 miles

There were 2 defects noted.

Major:
- Exhaust carbon monoxide content after 2nd fast idle exceeds manufacturer's specified limits (8.2.1.2 (a))
- Exhaust carbon monoxide content at idle exceeds manufacturer's specified limits (8.2.1.2 (b))

Passed

On 22nd Feb 2024, 27,647 miles


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

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