Ferrari 348: Where are they?

Ferrari 348: Where are they?

Author
Discussion

gmarsh

Original Poster:

98 posts

153 months

Wednesday 25th March 2015
quotequote all
Where have all the 348's gone? There are 8 LHD cars for sale on the PH website (one at this weekends auction) and only a couple of RHD cars, and one of those is at the previously mentioned auction. Excluding the 'Competizione' model, only 488 348's of the 5 variants were officially imported, and very few seem to have been advertised for sale in the last 6 months or so, since I have been looking. Any ideas?

JaseB

873 posts

268 months

Thursday 26th March 2015
quotequote all
People (me included) are hangng on to them, couple of reasons, 1. They are actually really fun to drive despite the detracting comments when they were new and 2. like all Ferraris they are going up in value.

If I were you and serious about buying I'd be registering my interest with all the specialists (Forza ,Walkersport, Rardley, Nick Cartwright etc) who probably know of some that could be parted from their owners.

R36vw

451 posts

153 months

Thursday 26th March 2015
quotequote all
As JasonB said. Some will be hanging on to see where the market goes.

There are always a a small few coming to market during Apr-Jul and I don't see this changing.downside for someone looking is the market has moved on along with the rest of the pre 2000 ferrari market. The fact that the number of LHD models advertised which is the highest I've seen for a few years shows that the rarity of the rhd version has dealers looking elsewhere to fill this void.

If you find one go for it. These really are fun cars, there's a great thread on ferrari chat about buying a 348 over a 355 and vice-versa. General concensus is each has its place and ones not better than the other....recent press articles have helped its reputation.

I spent 18months searching before I pulled the trigger, it really is a small market , especially if you're only after one particular model. in a rising market this can be frustrating.

gmarsh

Original Poster:

98 posts

153 months

Thursday 26th March 2015
quotequote all
Thanks JaseB and R36vw. I am already a Ferrari owner and have a high regard for the 348(we all have our favourites),even more so when one of the classic car magazines last year did a comparative test with a 355 which was very complimentary and dispelled a lot of the negative crap which had been levelled at the car previously.

Nmj

274 posts

153 months

Thursday 26th March 2015
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gmarsh said:
Thanks JaseB and R36vw. I am already a Ferrari owner and have a high regard for the 348(we all have our favourites),even more so when one of the classic car magazines last year did a comparative test with a 355 which was very complimentary and dispelled a lot of the negative crap which had been levelled at the car previously.
still not a 308 carb car though smile

Behemoth

2,105 posts

138 months

Thursday 26th March 2015
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Nmj said:
still not a 308 carb car though smile
Carbs are overrated. Anyone done a 288 GTO retro carb conversion? I wonder why wink

AmoCS

1,151 posts

226 months

Friday 27th March 2015
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348 remains as one of my best looking Ferrari's. Sounds great with Tubi decat too biggrin

Nmj

274 posts

153 months

Friday 27th March 2015
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Behemoth said:
Carbs are overrated. Anyone done a 288 GTO retro carb conversion? I wonder why wink
ha ha smile

Ferrarirocks

17 posts

117 months

Saturday 28th March 2015
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Great to hear some encouraging posts on the 348. It always seems to be the poor relation to the 328 and 355. What a pretty little car it is and due to its styling must be seen as a special model for the future. A mini testarossa that is great fun to drive and you don't need to be a gym bunny to be able to park it!
Obviously I am a member of the 348 appreciation club licklickrofl

4rephill

5,066 posts

185 months

Saturday 28th March 2015
quotequote all
Ferrarirocks said:
Great to hear some encouraging posts on the 348. It always seems to be the poor relation to the 328 and 355. What a pretty little car it is and due to its styling must be seen as a special model for the future. A mini testarossa that is great fun to drive and you don't need to be a gym bunny to be able to park it!
Obviously I am a member of the 348 appreciation club licklickrofl
Really? - There must be something wrong with mine then!

Once you get the car rolling the steering lightens up nicely, and once on the move properly the steering is weighted superbly!

However, when trying to extract the car from a parking space or perform a 3 point turn (which in reality is always a 5 or 6 point turn due to the lack of steering lock!), she fights you like a stroppy child who's been told they can't have any sweets!

With the car stationary or barely rolling, you do need a good amount of arm power to persuade the car to steer!

gmarsh

Original Poster:

98 posts

153 months

Saturday 28th March 2015
quotequote all
As a 328 GTS owner I have become a great fan of the 348 and would like to thank the owner of the 348 at the DK Engineering Showcase Day today (28/03) who allowed my friend and I to look over his fantastic low mileage car and take mirror to mirror measurements etc. and share ownership experience. Why are good RHD TS/GTS so hard to find?

andrew

10,090 posts

199 months

Saturday 28th March 2015
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Nmj said:
still not a 308 carb car though smile
troll biggrin

Ferrarirocks

17 posts

117 months

Saturday 28th March 2015
quotequote all
4rephill said:
Really? - There must be something wrong with mine then!

Once you get the car rolling the steering lightens up nicely, and once on the move properly the steering is weighted superbly!

However, when trying to extract the car from a parking space or perform a 3 point turn (which in reality is always a 5 or 6 point turn due to the lack of steering lock!), she fights you like a stroppy child who's been told they can't have any sweets!

With the car stationary or barely rolling, you do need a good amount of arm power to persuade the car to steer!
Compared to a Testarossa old boy, your kids don't have any fillings by the sound of itteacher

JaseB

873 posts

268 months

Sunday 29th March 2015
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gmarsh said:
As a 328 GTS owner I have become a great fan of the 348 and would like to thank the owner of the 348 at the DK Engineering Showcase Day today (28/03) who allowed my friend and I to look over his fantastic low mileage car and take mirror to mirror measurements etc. and share ownership experience. Why are good RHD TS/GTS so hard to find?
Geoff, that was me ;-)

gmarsh

Original Poster:

98 posts

153 months

Sunday 29th March 2015
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Hi Jason, have emailed away from PH. Great to speak to you yesterday!

Ferrarirocks

17 posts

117 months

Thursday 9th April 2015
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Spoilt for choice if you want lhd

gmarsh

Original Poster:

98 posts

153 months

Thursday 16th April 2015
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See the 1992 TB with 'recent clutch and belt' replacement sold for £40k today at the IWM auction. Still not many around and thought if history and condition OK, it may have sold for more?

R36vw

451 posts

153 months

Thursday 16th April 2015
quotequote all
It's the 2nd time it went to auction, failing to reach reserve last nov/dec. compared to other r348s that sold in last couple of months, it's cheap. However there may be certain things need doing that held the price down. I've not seen it but odds are likely that the bushes are starting to perish( age related) so they will be due an overhaul. That's 1k for the,bushes alone! Let alone the labour cost. If the new owner sinks 5k into it getting it sorted, it's still a good price. If the service history was patchy it wouldn't be much of an issue if this is now fully maintained and a file builds on recent work .

Edited by R36vw on Thursday 16th April 20:20

bqf

2,271 posts

178 months

Thursday 23rd April 2015
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I have a 1992 LHD 348 TB, with a Nouvalari exhaust and some interior mods.

I bought it almost a year ago, and haven't driven it much. It's got a rock solid service history, loads of invoices and is in A1 condition.

You can prise it out of my cold dead hands if you like, or i'll sell it for £30 Million. hehe

Its one of the best and last proper Ferraris. No driver aids, no gimmicks, no nothing, except the best on-road connection of any car I've had.

HTH hehe

R36vw

451 posts

153 months

Friday 24th April 2015
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bqf said:
I have a 1992 LHD 348 TB, with a Nouvalari exhaust and some interior mods.


Its one of the best and last proper Ferraris. No driver aids, no gimmicks, no nothing, except the best on-road connection of any car I've had.

HTH hehe
clapclapbiggrin

another one who gets it. I'd be buried in mine given the chance....but some bu€€er will dig it up.