| Author | Message | ||
| ross koller (Ross)
Member Username: Ross Post Number: 313 Registered: 3-2002 |
najib, my friend says it terry keys motorsport and that he advertises in autosport. best i can do till the weekend when i see him. | ||
| Najib Amanullah (Najib)
Junior Member Username: Najib Post Number: 190 Registered: 4-2001 |
Ross did your friend mention which dealer? At that price I dont mind buying a couple for track use. 18K for a 348 is hard to believe. Even in LHD in the UK the lowest I have come across is �25000 for a high mileage. Seriously though, I would like to know the dealer and buy some F cars off him. | ||
| Chris A. (Asianbond)
Junior Member Username: Asianbond Post Number: 59 Registered: 5-2002 |
Russ, I believe it, UK is a great place to pick up a Ferrari at low prices. I think prices are healthy in the states due to higher demand by the car crazed american population. | ||
| ross koller (Ross)
Member Username: Ross Post Number: 306 Registered: 3-2002 |
slightly o/t but thought i would share.... a friend of mine had an early fiberglass 308 but decided to sell it to finance his son's cart racing expenses. had it in the papers for weeks, but no bites. he finally gave up and sold it to a dealer for �10k (about $15.5k). this shocked me since it was in pretty good shape and i thought it wud be about 50pct higher than that. but then, the same dealer turns around and offers my friend a left hand drive 348 ts, 1991, w/ 21k km, accident free and service history, for �18k (about $28k) !!!!!!!!!!!!! obviously the viability and provenance of the car would have to be verified but still that seems at least $10k below where i had pegged the market. the dealer said there were just too many of these out there at the moment and it has crushed the prices. | ||
| Stanley DiGuiseppi (Standig)
Junior Member Username: Standig Post Number: 55 Registered: 5-2002 |
Whart is right..if you make a bad choice it will sour you on the Ferrari experience. I looked at many 348's before I settled on the one I purchased. It had all its parts, book and tools. I found some records and called the repair shop. The physical appearance agreed with the description I received from the owner and the car fax backed up the history. My first Ferrari had been shipped all over the world and had too many hands into it and many things missing like the tool kit and wheel spanner wrench. All in all I thought I would never buy another Fcar. However I did but took the time to find a good one. I paid more perhaps but what a GREAT experience..... Good Hunting | ||
| wm hart (Whart)
Member Username: Whart Post Number: 509 Registered: 12-2001 |
Assuming that its a good straight car (something a PPI can probably, but not entirely, verify- take a look at the service records, and talk to the dealer or garage(s) that worked on the car; given its age, if there are no records, or stories about them, be suspicious, be very suspicious) the 348 is a blast,although the later ones were better, for that price you'll have a great time. But, if somebody didn't already mention it, plan to spend some money on everything from a major engine service, to new tires, and brakes (i liked the p zero on the 348 i had),buy some K&N air filters and go to skip barber or the like to truly dig into what the car is capable of. The 348 has torque, no power steering (a big plus in my book compared to the 355) and to some, looks just right. I think, apart from some of the teething problems on the early cars (i had a 94 spider that was flawless, which actually came from BHF), the only complaint i had was the cheesy switchgear on the center console. PS There are no bargains. If there is any question about this car, pass, and get another one, perhaps from an authorized dealer so you have recourse.You'll pay more, but if you buy a bomb, you will not enjoy the experience. | ||
| Oliver Cagle (Ocagle)
New member Username: Ocagle Post Number: 34 Registered: 10-2001 |
I have owned a 94 348 Spider along with a 78 308 GTS. I was going to sell the GTS, but lost my job so I had to sell the 348 because it was financed. Since I have not driven any other models I can't compare them, but the 348 was awesome and I would own another one in a second. I am beginning to think about the next one and I am going to drive more before I decide which one to get. The 348 was a dream, I can only imagine what the 355 or 360 or wishful thinking what the Modena or Maranello is like. Have fun.  | ||
| Noelrp (Noelrp)
Junior Member Username: Noelrp Post Number: 62 Registered: 8-2001 |
If everything feels right to you, buy it. It sounds like a good deal regardless of the missing top. If you're not in a hurry to get the top, you might want to browse ebay. I've seen it once few months back with asking price of about $1k. | ||
| Craig (Beachbum)
New member Username: Beachbum Post Number: 4 Registered: 9-2002 |
am i allowed to say who it was? Ferrari of B.H. the car does come with the soft top and he also has the luggage and a car cover, so its probably an even trade, i can get a used one for not to much so its not that big a deal, plus hes already giving me a realy good deal on the car | ||
| TomD (Tifosi)
Intermediate Member Username: Tifosi Post Number: 1322 Registered: 9-2001 |
who did he give it too? they lost it????? find out the story here. then price it at a dealer and reduce price of car | ||
| Ernie Bonilla (Ernie)
Member Username: Ernie Post Number: 354 Registered: 11-2001 |
I'm not sure what they cost, but I would use that to get the price lowered the amount it will cost you to replace it. | ||
| Craig (Beachbum)
New member Username: Beachbum Post Number: 2 Registered: 9-2002 |
just wanted to thank everybody for there input, i just got back from looking at the car, im gona go for it if it checks out the pre purchase inspection, it looks very good, everything is as decribed by the owner, the blue/camel colors are beautiful, the only thing im not sure about is the car is missing the removable hard top, its got a soft top in its place, the owner said he sent it out to be painted and the clowns lost it, so they gave him the loaner soft top, if i want to buy a hardtop panel how much is it going to cost me and how hard are they to get, thanks again to everybody, you guys a great, Craiger | ||
| Danny R. West (Dan_west348ts)
Junior Member Username: Dan_west348ts Post Number: 223 Registered: 3-2001 |
I've had my 348 ts for 27 months. I've had numerous issues with it and have discussed many of them here on Ferrarichat. However, I would not trade it. Najib mentioned 348s look better than their sucessors. I agree with that statement. People who see the car, especially the under 30 group, yell NICE CAR! Buy the 348 and restore or fix whats needed. Have fun driving it. Dan | ||
| Frank Parker (Parkerfe)
Intermediate Member Username: Parkerfe Post Number: 1328 Registered: 9-2001 |
You can change the timing belt on a 348 by dropping the gas tank. But, if you need new seals or tensioner bearings you will then have to pull the engine anyway. | ||
| Ernie Bonilla (Ernie)
Member Username: Ernie Post Number: 348 Registered: 11-2001 |
I have a '90 348ts. The only thing I dont like about it is the lower part of the car being painted black, but a new paint job will fix that. The car is fun, and if you wanna be famous for a day just drive around in it. It really cracks up my wife the reactions we get when we are in the car. She gets the giggles when she sees the stares and looks on thier faces. Even though by todays standards they aren't the fastest cars on the road, you still car run with the big dogs. My friend has a brand new C5 and I was surpised at how well my car kept up with his. We got up to about 100-110 a few times and I was keeping up with him just fine. His car may be a bit faster, but he admitted mine gets the looks, heheee. The engine does need to be pulled to get to the water pump. Your biggest cost will be the major service for the timing belt, because the whole engine needs to be pulled before you can get to anything. You should have the water pumper done at that time. Oh yeah and the clutches and fly wheels in the earlier models aren't cheap either, mine has the dual clutch. I suggest you find a later model with the single clutch it will save you money in the long run. Over all it is a great first Ferrari. I say get one, you will be pleased with the car. | ||
| Chris A. (Asianbond)
Junior Member Username: Asianbond Post Number: 53 Registered: 5-2002 |
My opinion is that the 348 delivers the best bang for the buck. You get 85% of a 355 at about 60% of the price. It delivers the perfect balance of power, handling, sound and feel. If you want value, go for a 348. But you must budget in for a new exhaust, I find the stock exhaust to be quite bland. I had mine for three months now, even though I had to change the clutch ($2000) and air con compressor clutch ($430), I have zero regret on my purchased. When you spend over $50k on a ten year old used car, spending a few extra k's on repairs is very acceptable. Don't let the other unrealistic owners scare you about repair costs, if they can't afford to fix it then they shouldn't be driving a ferrari in the first place. If the car costs $40k, budget $45k for the purchase and pretend that you actually spent $45k for the car. The $5k will be a reserve for unexpected repairs. That is the same as buying a $45k car that doesn't need any repairs. Besides, you can't compare owning a ferrari to any other car on an apple to apple basis. It is more of an experience that you can't put a price on it. | ||
| Chris Pounds (Eggman)
New member Username: Eggman Post Number: 41 Registered: 3-2002 |
That's a great price. I'm officially jealous; I have a huge soft spot for the 348. It's probably my favorite too. Sounds like an excellent deal from your description. Of course, there are assumptions that it all checks out OK. I would be all over it. Chris. | ||
| arthur chambers (Art355)
Member Username: Art355 Post Number: 641 Registered: 6-2001 |
The water pump probably needs the motor pulled. A good idea to replace, or renovate at each major service. 355 and 360 are basically the same engine, and require engine removal also for the water pump, etc. Art | ||
| Horsefly (Arlie)
Junior Member Username: Arlie Post Number: 205 Registered: 5-2002 |
Do I remember reading that the entire engine has to be removed in order to replace the water pump on a 348? Is this true? Knowing how water pumps tend to go out on all cars in general, wouldn't this be one very GOOD reason to steer clear of a 348? Does it have any other weird ($$$) idiosyncracies? | ||
| Chuck Rine (Chuck348ts)
Junior Member Username: Chuck348ts Post Number: 121 Registered: 5-2001 |
Chiming in on how great 348's are: No question they are underrated, especially by non-348 owners. I've had no problems with mine in 16 months/4500 miles (other than exhaust ECU problem which I fixed myself). Most non-F people think it's new or 1-2 years old based on the looks/styling. And you can't beat the bang for the buck. | ||
| Frank Parker (Parkerfe)
Intermediate Member Username: Parkerfe Post Number: 1321 Registered: 9-2001 |
I have had no problems with my 1994 348 Spider other than the need for a new battery. I would recomend this model to anyone. | ||
| Gene Agatep (Gagatep)
New member Username: Gagatep Post Number: 5 Registered: 8-2002 |
Craig, If you are in California.... that's a great buy at that price assuming an all original no damage history car... hint: verify history at carfax.com for $20 - a small investment and piece of mind. If you are in Europe.... its still not a bad price. I've got a 90 TS, and its got the usual F quirks like can't shift to second until its really warmed up... without the quirks it wouldn't be an F. At $41K that's even less than what 328's are going for. Don't even second guess this one if all records check good - alot of other Fchat members would be jealous at the price this one is at. If you don't purchase this one... post it... Fchat members would be jumping on it. | ||
| Christopher McCormick (92_348ts)
New member Username: 92_348ts Post Number: 24 Registered: 6-2002 |
Craig, I have to agree with everyone else, the 348's are highly underated. Plenty of power, great looks, and most people that approach me think that it is a new car. Bang for your buck, nothing beats a 348 IMO, plus if everything checks out, you are getting a steal on your car. Good luck. | ||
| Najib Amanullah (Najib)
Junior Member Username: Najib Post Number: 184 Registered: 4-2001 |
Approx 2,500 kms. in 8 months of ownerships and not one regret. Most people love its looks and think its a new model. I know I'm going to get into a lot of trouble for saying this, but most non-Ferrari-buffs think it looks better than its successors. Go for it. | ||
| ross koller (Ross)
Member Username: Ross Post Number: 274 Registered: 3-2002 |
i had a 92 348ts, and had many issues with it. however, that did not diminsh my enthusiasm for the marque. the best way to go is to jump in with both feet; buy the best 348 you can afford after it checks out mechanically etc; then enjoy it. if it doesn't work out, then go for a different model thereafter, but it makes a great entry into the family with a modern fcar. besides that, at the sort of 40-50k price range, you probably won't lose much if any money on eventual re-sale. | ||
| Dave Penhale (Dapper)
Junior Member Username: Dapper Post Number: 212 Registered: 4-2002 |
Love em, Mines a '91 TS with 3k Miles. These cars attract bulls**t reputations like no other, don't believe it...go buy! | ||
| Jim E (Jimpo1)
Member Username: Jimpo1 Post Number: 721 Registered: 7-2001 |
I would buy that car at that price, assuming it checks out with a mechanic. Damn, where was it a year ago? Craig, my wife told everyone she was getting three things by letting me buy a Ferrari. Avoiding a mid-life crisis, avoiding the seven year itch, and getting the garage cleaned out. Wise woman. Jump and don't look back. | ||
| Frank Bussi- Sottile (Caruso348)
New member Username: Caruso348 Post Number: 9 Registered: 5-2002 |
Just about a year ago I purchased a 91tb for $44k with 7k miles. I knew I would then go for the 30k service. While I had the engine out I sprung for a new water pump. Installed new clutch, upgraded slave cylinder, new tubi and an automatic halon system. Ferrari machinist warped the flywheel so I got a new one on the house. Completely went through electrical harness and replaced corroded pins in connectors as well as new wire where the insulation was cracked or disintegrated due to time and heat. There were some other items that I addressed as well just beacause time has an affect. All in all I invested another $12k. I have a an awesome piece of Enzo. | ||
| Stanley DiGuiseppi (Standig)
New member Username: Standig Post Number: 45 Registered: 5-2002 |
Craig Bought a 90 348ts this year with 9k miles on it. Never had any major service. Never been apart. Which is what I wanted. I paid 62k and I am very pleased with the car. I had a tesstarossa before this which was a powerfull car...but this 348 runs great, get good gas mileage and always makes you feel good when and after you drive it. If the car is as you say it sounds like a great deal | ||
| Lou Papaleo (Papaleo1)
New member Username: Papaleo1 Post Number: 16 Registered: 6-2002 |
Craig, I bought my 91 348ts with 12,500 three months ago. I had the 15k major done by a local Ferrari dealer - I felt the additional premium was worth having the job done by a dealer. They took the car, went through it top to bottom, and reported only the need for tires. Four new P-Zeros and the car has been incredible. You will hate the motorized belts, wish the A/C blew colder air, and complain about the leaky top, but every time you start that engine, warm her up and take her out to the redline, all will be forgiven. She is awesome. I, too, debated waiting until I could spring for a 355, but with such a great price differential, I thought it best to get the 348 and enjoy it while the prices of the 355's came closer to my budget. After putting 2000 miles on the car this summer, I have never regretted that decision for an instant. Good luck ! | ||
| Martin (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 2737 Registered: 5-2001 |
I own a 1991 and have no problems. Blu/crema is a super color combo. WHOW, I want to see pictures. The price you are getting the car is great. Heck I think I would buy it at that price if the rest checks out okay. The 30K in the independant garage will run you $5K, so you have a fresh car at $ 46K. TAKE IT AND RUN !!!! If not let me know where the car is I will take it! | ||
| David Albright (Dalbright)
Member Username: Dalbright Post Number: 393 Registered: 2-2001 |
You will be just fine with an earlier car. I've had hardly any problems. A few here and there, but all in all an excellent experience. If you can get it for that price and then have an authorized dealer do a major, you will be in great shape. Make sure to have a dealer or someone very qualified look over the car. | ||
| Craig (Beachbum)
New member Username: Beachbum Post Number: 1 Registered: 9-2002 |
hey guys, Ferrari wana be here, im having a mid life crisis and i think a Ferrari might be just the cure, ive found a 91 348TS blu/camel, 25K miles, original owner, no damage ever, 30K service Not completed, spline problem fixed, i can get it for 41K, ive been told thats a good price, after reading some of the threads im a little concerned about an older 348, was 91 a good year? or would i be better off waiting and saving more $$$ and buying a later year? thanks Beach |