348 Prices Log Out | Topics | Search
Moderators | Edit Profile

FerrariChat.com » General Ferrari Discussion Archives » Archive through April 18, 2002 » 348 Prices « Previous Next »

Author Message
Jean-Pierre D. (Jp348spider)
New member
Username: Jp348spider

Post Number: 9
Registered: 8-2001
Posted on Wednesday, April 10, 2002 - 11:03 am:   

Thanks Mitch
However I think they kept building the 348 Spyder along the 355 TBs for a year or so until they introduced the 355 spiders...and the 348 kept selling...
Someone tell me if I am wrong
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1803
Registered: 5-2001
Posted on Wednesday, April 10, 2002 - 10:29 am:   

Frank,
I have never seen a grill with satin black. All books show the grill body color and the rear flat cover in satin black. Where did you see that?
Mitch Alsup (Mitch_alsup)
New member
Username: Mitch_alsup

Post Number: 6
Registered: 4-2002
Posted on Wednesday, April 10, 2002 - 10:23 am:   

I was at a track session this weekend. One 355 was there with a serial number of 0999948. So that 348 is of the last 150 or so.
Jean-Pierre D. (Jp348spider)
New member
Username: Jp348spider

Post Number: 8
Registered: 8-2001
Posted on Wednesday, April 10, 2002 - 10:19 am:   

Talking about the last 348 Spiders rolling off the line...does any one know the # of the last 348 spider made (probably last 348 for that matter)?
Mine is # 99707, probably one of the last ones but sure not the last.
Is there anyway to find out?
PS Nice weather is coming back to Chicago....time for a drive...
Bak-a-lack-a Bak-a-lacka-lacka (Chris_n_chicago)
New member
Username: Chris_n_chicago

Post Number: 15
Registered: 3-2002
Posted on Tuesday, April 09, 2002 - 7:14 pm:   

Rock chipped the winshield at 150 mph ....
I'm getting new winshield and painting the front end ( rock chips ....you know... )

Ps - my deck lid is body color.... the last one's to roll off the line with the 355's were all body color.
Frank Parker (Parkerfe)
Member
Username: Parkerfe

Post Number: 771
Registered: 9-2001
Posted on Monday, April 08, 2002 - 6:25 pm:   

Jean-Pierre, Just to be clear, the rear deck grill on my 348 Spider,s/n:97783 is body color. The flat panel just ahead of the grill/just behind the cockpit is satin black. On earlier 348s both the grill and panel were satin black.
Frank Parker (Parkerfe)
Member
Username: Parkerfe

Post Number: 770
Registered: 9-2001
Posted on Monday, April 08, 2002 - 6:21 pm:   

Bak-a-lack, what was your car in the shop for and why are you planning on selling it ?
Bak-a-lack-a Bak-a-lacka-lacka (Chris_n_chicago)
New member
Username: Chris_n_chicago

Post Number: 10
Registered: 3-2002
Posted on Saturday, April 06, 2002 - 4:09 pm:   

No, I just came back to the new format and Rob blew away my old registration. I finally got some time to re-register.

How are Spyder prices ? Mine will be out of the shop soon, and back on the market again.
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1771
Registered: 5-2001
Posted on Friday, April 05, 2002 - 11:56 am:   

...good to have you back Chris. Did you hybernate up there in Chicago?

bak a lack a ...s�unds like low engine oil in your car. :-)
Bak-a-lack-a Bak-a-lacka-lacka (Chris_n_chicago)
New member
Username: Chris_n_chicago

Post Number: 7
Registered: 3-2002
Posted on Thursday, April 04, 2002 - 10:36 pm:   

I too am part of the 348 Spyder club.

1995 348 Spyder ( Chiaro Blue )

You don't see too many of these around....



Jean-Pierre D. (Jp348spider)
New member
Username: Jp348spider

Post Number: 7
Registered: 8-2001
Posted on Thursday, April 04, 2002 - 5:02 pm:   

To get back to 348 spider prices, the last issue of Cavallino had the upper range raised to $90,000.
Range now goes from 65,000 for worse condition to $90,000 for no fault.
Prior issue was 65,000 to 85,000.
Jean-Pierre D. (Jp348spider)
New member
Username: Jp348spider

Post Number: 6
Registered: 8-2001
Posted on Thursday, April 04, 2002 - 4:58 pm:   

Frank
From what I was told, most 1995 models had the rear deck lid full body color. I bought my 1995 #99707 last july and the only repaint job that had been done is the front spoiler. I had this checked by an independent Ferrari dealer.
I had bought my first 348 spider in France when it came out there and they already had the full body color deck there in 1994.
You can see I really enjoy 348 spiders. I had to sell the French one when I moved here (to Chicago). The transformation to US specs would have been too expensive.
As to the boot, the tan boot was only an option with tan interior cars pre 1995 and became standard for 1995 models.
For a grey car, I sure agree that black is it...or whith any black leather interior for that matter....
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1758
Registered: 5-2001
Posted on Thursday, April 04, 2002 - 4:38 pm:   

On the 94 Spider #98222 we had the rear lid also in full body color.

My 348TS 1991 has the satin black as well. Keeps the glare from the sun off the rear window.
Frank Parker (Parkerfe)
Member
Username: Parkerfe

Post Number: 764
Registered: 9-2001
Posted on Thursday, April 04, 2002 - 4:30 pm:   

Jean-Pierre, the front part of the rear deck lid on my 1994 348 Spider is satin black rather than body color although the rear deck grill is body color. And, I looked at a brochure for the 1995 model and it showed that panel as satin black too. You sure yours wasn't painted body color by a previous owner ? I would think the "tan boot" would only be standard for cars with a tan interior. A tan boot would not look good on my silver on black car.
Jean-Pierre D. (Jp348spider)
New member
Username: Jp348spider

Post Number: 5
Registered: 8-2001
Posted on Thursday, April 04, 2002 - 11:22 am:   

Frank, I am definitely no mechanic but I have noticed that spark plug wire connections on each side of the engine bay are different, clamps holding these "black hose look alike" things coming out of the top of the engine have been improved (hose material is also stiffer - no sagging) and a few other wiring differences.
I will try to check again next time I go to the dealer. I also believe that tan boot became standard on 95 models. Some of the very early 1994s also had part of the engine compartment lid (front part)painted black.
Frank Parker (Parkerfe)
Member
Username: Parkerfe

Post Number: 763
Registered: 9-2001
Posted on Thursday, April 04, 2002 - 10:44 am:   

Jean-Pierre, What are the differences you noticed ? I have a 1994 348 Spider, s/n:97783.
Jean-Pierre D. (Jp348spider)
New member
Username: Jp348spider

Post Number: 4
Registered: 8-2001
Posted on Thursday, April 04, 2002 - 10:41 am:   

Also keep in mind the difference between 1994 and 1995 model prices. You will have a hard time finding a 1995 348 spider for much less than $80,000.
I have been told that Ferrari kept improving the spider during production and you definitely see small differences in the engine compartment between an early 1994 and a late 1995. I own #99707 (sold in June 1995) and noticed it when I compared it to an early 1994 at a dealer.
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1750
Registered: 5-2001
Posted on Thursday, April 04, 2002 - 9:03 am:   

Thanks Chris,

I am an independent dealer and Ferrari owner and driver :-)

Cmparrf40 (Cmparrf40)
Junior Member
Username: Cmparrf40

Post Number: 128
Registered: 3-2002
Posted on Wednesday, April 03, 2002 - 8:55 am:   

Martin, thanks for the comments, I should clearify my thoughts on this a little. While the idea of an FNA warranty is a benefit, it is not substitute for buying a nice Ferrari to begin with. Independent dealers and individuals can be the best choice for finding an excellent car. If a prospective Ferrari owner can be fortunate enough to buy from an independent dealer that is also a Ferrari owner and enthusiest, that are probably buying an excellent car. I very much respect your comments Martin, Chris
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1724
Registered: 5-2001
Posted on Wednesday, April 03, 2002 - 6:35 am:   

I agree, you have to get ANY Ferrari checked out before you buy it. Even those with a FNA warranty, see Frank's testimonial some months ago about Ferrari of New England.

As for the pricing, I disagree with Dave that prices are coming down. Actually I see prices staying the same in the last 3 months if not going back up.

Paying $80K for any 348 Spider is not warranted at the moment. You are too close to a 355 Spider in that case. Seeing a 348 Spider with 15K Miles and service for under $70K is highly unlikely for the moment.

My 2c being in the biz. I can not find these cars, if anybody has one please...I need one.

1994 348 Spider black/black 36K Miles $ 70,000 maybe as low as $ 68,000 is the lowest I have!
Cmparrf40 (Cmparrf40)
Junior Member
Username: Cmparrf40

Post Number: 126
Registered: 3-2002
Posted on Wednesday, April 03, 2002 - 1:27 am:   

If you have an option to buy from an authorized Ferrari dealer the selling dealer should include a 12 month unlimited mileage FNA warranty. If the car has been driven more than 15k since it had timing belts on the car, or it has been over 5 years since the belts were replaced, the dealer can not offer the Ferrari North America Warranty. The dealer must replace the belts before it can be sold with a FNA warranty. I have owned a 348 and unfortuneatly many (including mine) have a history of significant problems, mainly electrical, clutch and gearbox. If you can buy from a Ferrari dealer and get the warranty you will not be disappointed. I like Martin's and Frank's advice I think they are dead on, good luck, Chris
Dave328GTB (Hardtop)
Junior Member
Username: Hardtop

Post Number: 61
Registered: 1-2002
Posted on Tuesday, April 02, 2002 - 6:14 pm:   

The current market letter has 4 94's:
9K miles, 30K svc. 74,500.
14K miles svc? 69,900.
18K miles 30K svc. 74,900.
18.5K miles svc? 67,500.
Prices for these have come down a lot lately.
I think if you are patient you could get a red/tan 15K miles, svc. done for 68-70K.
Dave
Chris Richardson (Boozy)
Junior Member
Username: Boozy

Post Number: 121
Registered: 11-2001
Posted on Tuesday, April 02, 2002 - 2:43 pm:   

I bought mine almost a year ago with 9k miles. I had the 15,000 mile service done before I picked it up and I couldn't be more pleased with the car. I really don't see any reason not to buy one that has low miles. You DO need to make sure it is checked out thoroughly. For an excellent example with low miles you will be in the high 70s to low 80s. From a dealer, expect to pay in the high 80s. If any of these have upgraded wheels or a Tubi exhaust you may expect to pay a few thousand more. Good luck in your search. I couldn't be happier with mine! :-)
Mr. Doody (Doody)
Junior Member
Username: Doody

Post Number: 125
Registered: 11-2001
Posted on Tuesday, April 02, 2002 - 2:31 pm:   

chris - keep in mind that there is some rather fuzzy conventional wisdom on time-vs-mileage when it comes to the service intervals.

i'm not hip to 348s, but on the 355s the first engine-out service (the 30K) is generally due at 30K or five years, whichever comes first. i don't know where this 5 year number comes from (it's not in the manuals), but that's what 3 or 4 different mechanics have told me.

so if the 348 is similar and the 15K is due in "15K or 5 years, whichever comes first" then it's possible the car you're looking at hasn't been serviced since 1999 - which may or may not be a problem.

you need to see and understand the detailed service history and talk to an independent mechanic about it.

good luck!

doody.
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1720
Registered: 5-2001
Posted on Tuesday, April 02, 2002 - 1:55 pm:   

I'd feel $73-74K

No you will not need another service done in the next few years or 15K Miles, whichever comes first.

Chris Brody (Cbrody)
New member
Username: Cbrody

Post Number: 11
Registered: 3-2002
Posted on Tuesday, April 02, 2002 - 1:33 pm:   

Frank,

His ad shows "Major 15k Service completed last May including new Cam Belts"

Car has 15K... Is it going to need a service?

Asking 79K says they will do around 77500. I feel low 70's

Frank Parker (Parkerfe)
Member
Username: Parkerfe

Post Number: 753
Registered: 9-2001
Posted on Tuesday, April 02, 2002 - 1:25 pm:   

Chris, remember to subtrate $5k from the price of a car that has just had its 30k service done and to likewise add $5k to the price of a car that you will have to get the 30k service done when you buy it. I had rather buy a car for $5k less and pay to have the 30k service done myself than to trust that it has recently been done.
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1719
Registered: 5-2001
Posted on Tuesday, April 02, 2002 - 1:05 pm:   

I knw a car with 33K Miles that would go for about $ 70K. The 30K Service is likely done. I am getting the info on that. Let me know if you are interested in that.

Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1718
Registered: 5-2001
Posted on Tuesday, April 02, 2002 - 1:03 pm:   

Chris, you are right, you are closer than the dealer but then he is trying to make some $$$.

I personally would not look for anything under 15K miles. Rather go with a 30K Miles car than with a 15K Miles car.

Since I drive my 348 daily I have had no real isses with the car.
Frank Parker (Parkerfe)
Member
Username: Parkerfe

Post Number: 751
Registered: 9-2001
Posted on Tuesday, April 02, 2002 - 12:55 pm:   

For Both reasons Chris. An 8+ year old 9k mile car was driven less than 1k miles per year. It could have developed hard seals and other non-use related problems. I bought my 1994 348 Spider in December 2000. It had a little over 10k miles at the time. The front calipers seals had to be replaced as they were dry-rotted and the cam seals leak and will need replacement at the next major service. That's the kind of problems you get with a 8+ year old low mileage car. Or, the car could have been a problem car and that's why it wasn't driven much, but that's not likely. A say $73k is about right for the 15k mile car and $75k for the $9k car. But, you may end up paying much more for the 9k mile car due to non-use issues.
Chris Brody (Cbrody)
New member
Username: Cbrody

Post Number: 10
Registered: 3-2002
Posted on Tuesday, April 02, 2002 - 12:33 pm:   

Martin,

I'm closer than he is to the value.....

Everyone talks about staying away from a low mile car? For what main reason??? --- Not driven enough or cause maybe a problem car?

Thanks
Martin (Miami348ts)
Intermediate Member
Username: Miami348ts

Post Number: 1716
Registered: 5-2001
Posted on Tuesday, April 02, 2002 - 12:26 pm:   

Chris,
you are a little on the low side.

We sold a 94 348 Spider with 26K Miles and the 30K needed for $ 68,000. You may want to go up a little more. 9K cars stay away....!

77 is a little too high for a 15K car. I'd say $73K.
Chris Brody (Cbrody)
New member
Username: Cbrody

Post Number: 9
Registered: 3-2002
Posted on Tuesday, April 02, 2002 - 12:19 pm:   

Hey guys...

In the market for 348 Spider.

Whats your opinions of value... I'm trying to see if I'm too low?

1994 348 Spider 15K ?? 70K

1994 348 Spider 9K ?? 74K

One dealer is telling me 77 for the 15K car? Both dealers aren't authorized?



Add Your Message Here
Posting is currently disabled in this topic. Contact your discussion moderator for more information.

Topics | Last Day | Last Week | Tree View | Search | Help/Instructions | Program Credits Administration