348 ts Speciale market

Discussion in '348/355' started by prd575, Jan 6, 2013.

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  1. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
    Summerfield, NC
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    Philippe Dorier
    Any of you guys has any idea of the current price range for a 348 ts Speciale in reasonably good but not exceptional condition?
     
  2. greg512tr

    greg512tr Formula Junior
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    Feb 19, 2002
    903
    Dallas TX
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    Greg B
    to give you a reference point I paid $57k last month for one in exceptional condition with 8,000 miles and recent service.
     
  3. AceMaster

    AceMaster Two Time F1 World Champ

    Feb 6, 2009
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    That's pretty darn good for the seller, considering the market in general has taken a hit the last few years...I recall prices being discussed at $35k-$40k which in my opinion is utterly ridiculous.
     
  4. malex

    malex Formula Junior
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    Dec 5, 2007
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    Mark
    Year? Mileage? CF or normal seats? Recent belt service?
     
  5. errico

    errico Karting

    Sep 16, 2012
    142
    I ve been in the market for 1.5 years looking for a 348 355 and finally I bought one. I have never ever seen a low mile 348 for 35k. They are either destroyed, re painted , no records, VGA , look all f up from every angle. You pay for what you get really. So when I did see a very low mile 348 with everything in place in was gone within a week or 2. I missed 3 of them like this , so I know they really did sell. They all sold mid 40s range with no services on them.

    So I am not sure what a speciale has more than a tb ts but if its a 93-94 they are usually 5-10 more in the asking price if everything is right on the car. Under 15 k miles is low mileage and red tan , not yellow or black those cars sit for a long time.

    I inspected more than 6 cars in the last year in your 30s range , and they were junk. Torn seats etc etc. everything you can imagine. So saying you can pick up a mint 348 at 30 is not a good representation of the market at this point.
     
  6. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
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    Philippe Dorier
    Excellent and recent reference point. Thank you.
    This one has 17K needs a belt service and I would also have to spend some money on the leather and stiicky stuff inside.
    On the plus side, has the CF seats and Tubis.
     
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  8. VTChris

    VTChris F1 World Champ

    Aug 21, 2005
    13,009
    No way.
     
  9. malex

    malex Formula Junior
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    Dec 5, 2007
    908
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    Mark
    I had a feeling that was the car that you were talking about. Anyway, you'd definitely have to the sticky interior parts thing addressed pronto, else you won't enjoy driving the car. Every time you inadvertently touch the melting goo it'll get on your hands, then your clothes or on that nice crema leather. Ask me how I know. Anyway, it's a DIY job (several threads on this board about it) or Sticky No More can hook you up. Not really a big deal but not zero cost either.

    The leather can typically be repaired and redyed surprisingly inexpensively. Some have even done this DIY as well with the Leatherique products.

    Others might disagree with me but their ask of nearly $50k for a SS that needs a major and not otherwise exceptional is on the high end - though not out of the ballpark given that the car does have the CF seats, which probably adds $2-$3k to the car's value. If you like the car and a PPI gives good feedback, you could even offer a bit above the ask but have them throw in a major, including Hill Engineering tensioner bearings. Fwiw, their mechanic is absolutely top notch and has a great reputation, as does the seller himself.
     
  10. greg512tr

    greg512tr Formula Junior
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    Feb 19, 2002
    903
    Dallas TX
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    Greg B
    Yes, I do think it is the high end of the market but it is an extremely nice car. CF seats. The SS added a premium compared with a regular 348 which I was willing to pay for which may or may not be worth it depending on one's perspective.
     
  11. ARTNNYC

    ARTNNYC F1 Rookie
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    Jul 8, 2005
    3,745
    NYC, LI, FL
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    Jerome
    I think the 348 SS is on its way up. Since I purchased mine I have been contacted TWICE to sell it at a 10k premium. She will be on the lawn at Cavallino this year
     
  12. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
    Summerfield, NC
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    Thanks a bunch to all of you. This very valuable and I will probably go ahead with a firm offer.
    I have absolute confidence in the seller. He already made me a very happy owner of a gorgeous 575.
    ferrarioldman is also a fantastic mechanic, I agree.
    I am lucky to have both of them in my backyard.
     
  13. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    Philippe Dorier
    Thank you.
    Would you mind sharing pictures, mileage and other details about the car? F40 seats?
     
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  15. AceMaster

    AceMaster Two Time F1 World Champ

    Feb 6, 2009
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    I completely agree, and I too would pay a premium to have a mint model...I am happy to see that the price was in the 50s (I own # 79 of 100), maybe they are gaining momentum to get the value back up to where it belongs.

    see my post above ;) :)
     
  16. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    The deal is done guys!
    Thank you very much for all your help and advice.
    Will post some pictures in a few days.
    When I am done with it, this one will be a stunner!
     
  17. sburke

    sburke Formula 3

    Dec 21, 2010
    1,243
    Lake Norman, NC
    Congrats!
     
  18. AceMaster

    AceMaster Two Time F1 World Champ

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    Congratulations and welcome - looking forward to the pics.

    What # is it?
     
  19. malex

    malex Formula Junior
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    Congrats Philippe! Were you able to get Steve to ante up for a major, or least meet you in the middle. Look forward to seeing some pics, particularly after you give the ol' girl some TLC.
     
  20. bmxracer50

    bmxracer50 Karting
    Silver Subscribed Owner

    Jan 25, 2009
    145
    Orlando
    Philippe, Glad you got the one you wanted! Pics or link!?!

    Regarding prices: I did plenty of looking, and eventually spent more than anticipated for my SS (bought last August) but in the end, I didn't feel like I overpaid, I just realized that I had unrealistic expectations for what I was going to pay to get a clean example. I kept hoping to find a clean, low mile SS with the carbon seats for less than $40K and it never happened. Opened up the wallet a bit further and suddenly the world is full of excellent examples!

    I broke #40 out of the garage tonight for a little trip for the first time in a month and fell in love again.
     
  21. 355dreamer

    355dreamer F1 Veteran
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    Apr 3, 2006
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    I love the 348 SS. Can't wait to see pictures.
     
  22. M. Brandon Motorcars

    Sponsor

    Sep 4, 2007
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    Congratulations, can't wait to see pictures.

    I'm in the market for a 348 SS myself. I have my eye on one; just need to decide whether to pull the trigger. Needs a major, though, but the price takes that into account.
     
  23. AceMaster

    AceMaster Two Time F1 World Champ

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    What is the asking price, and what # is it?
     
  24. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    Summerfield, NC
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    No problem. 17K miles, F40 seats.
    Roso Corsa/Cream. Needs belt service.
    Will send pics over the weekend.
     
  25. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
    Summerfield, NC
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    Philippe Dorier
    95619
     
  26. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
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    Philippe Dorier
    This was a consignment car and Steve did an excellent job to broker a deal that made sense to both parties.
    I will post some pics this weekend.
     
  27. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    95619 is the number.
    The asking price was 49.5.
     
  28. AceMaster

    AceMaster Two Time F1 World Champ

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    That would be # 81/100, Red/Cream - is he/she an FChatter?
     
  29. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    It is #81 indeed.
    I do not know if the seller is a Fchatter.
     
  30. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
    Summerfield, NC
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    Philippe Dorier
    Does anybody have an exact list of the engine specs of the car?
    I have read several reviews and power goes from 310 to 312 or 320.
    Even more confusing, my owner's manual seems to be a generic 348 manual and is listing the regular car's 300bhp as power.
     
  31. AceMaster

    AceMaster Two Time F1 World Champ

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    When was the last major service on this?
     
  32. AceMaster

    AceMaster Two Time F1 World Champ

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    Looks like it's 320

    http://en.wikipedia.org/wiki/Ferrari_348
     
  33. prd575

    prd575 Formula Junior
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    #31 prd575, Jan 13, 2013
    Last edited by a moderator: Sep 7, 2017
    Here she is. Love the color combination.
    Runs great but I may not be able to get out of this F40 seat in a few years!
    130113_0004.JPG
    130113_0006.JPG
    130113_0008.JPG
    130113_0012 copy.jpg
    130113_0013.JPG
     
  34. Kaivball

    Kaivball Three Time F1 World Champ
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    Jan 11, 2007
    32,505
    Kalifornia
    Beautiful.

    I have the same seats. Yes, they are snug as a bug. :)

    Kai
     
  35. AceMaster

    AceMaster Two Time F1 World Champ

    Feb 6, 2009
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    Is it yours now? Congrats?
     
  36. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    Sure. Done deal!
    Not as poweful as the big sister but a ton of fun to drive especially with the top off this weekend!
     
  37. greg512tr

    greg512tr Formula Junior
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    Looks great, congrats!!
     
  38. AceMaster

    AceMaster Two Time F1 World Champ

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    Awesome! Congratulations and welcome to the 348 Brotherhood.

    I will add you to the SS database.
     
  39. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    Philippe Dorier
    Please do. Thanks!
     
  40. AceMaster

    AceMaster Two Time F1 World Champ

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    done. so we have vvassallo at # 78, I am # 79, you are #81 - where is # 80 ? :D
     
  41. FBI

    FBI Formula Junior

    May 27, 2008
    446
    Calgary,Ab
    Very nice, Congrats and enjoy!

    Cheers
     
  42. AceMaster

    AceMaster Two Time F1 World Champ

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    I believe you are # 64, correct?
     
  43. FBI

    FBI Formula Junior

    May 27, 2008
    446
    Calgary,Ab
    Close Mike,
    #63

    Cheers
     
  44. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
    Summerfield, NC
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    Philippe Dorier
    I really thought it was 81, based on my research. Will look at the plate on the car tomorrow.
    What is your source?
     
  45. prd575

    prd575 Formula Junior
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    Jun 11, 2012
    415
    Summerfield, NC
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    Philippe Dorier
    Oops, missed a beat, obviously, Sorry.
     
  46. AceMaster

    AceMaster Two Time F1 World Champ

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    You are overwhelmed with excitement ;)
     
  47. Saint Bastage

    Saint Bastage F1 Rookie

    Jun 1, 2007
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    #45 Saint Bastage, Jan 15, 2013
    Last edited: Jan 15, 2013
    Mine is #64
     
  48. dahveedem

    dahveedem Formula 3
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    Mar 12, 2012
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    I'm #71.

    I have the same Kevlar seats. Been thinking of getting them re-done, but I have that "orangy-tan" and can't find a close match to them so I don't have to redo all the leather in the car.

    Already swapped the seat backs side to side to save the bolster wear. The passenger seat bottom has some shrinkage to it. Leatherique is bringing it back a bit but it's gonna to stretch at least an inch in both directions.
     
  49. prd575

    prd575 Formula Junior
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    Jun 11, 2012
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    Philippe Dorier
    I am sure you have a Fibrenew franchisee in your area.
    I had the entire leather including the seats of my 575 literally brought back to new condition for $150. He did some work also on my wife's Z4 and did a perfect match with the original BMW red leather.
    I am going to do the same for the 348. It will be trickier because some work needs to be done where the leather meets the CF.
     
  50. dahveedem

    dahveedem Formula 3
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    Mar 12, 2012
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    Thanks for the tip on Fibrenew.. amazingly enough, they don't have anyone in Maryland. There is one is PA which is sort of close. I'll contact them.

    I do have a local guy coming to look at the car tomorrow... we'll see what he says.

    Thanks for the tip.
     
  51. M. Brandon Motorcars

    Sponsor

    Sep 4, 2007
    1,238
    Houston, TX
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    Michael Foertsch
    I think the market is speaking for a 348 SS in the condition described by the OP. BTW, this is the car that I've been looking at.

    http://cgi.ebay.com/ebaymotors/Ferrari-348-TS-Speciale-Meticulously-Maintained-/261152958883?item=261152958883&ViewItem=&ssPageName=ADME:B:WNA:US:1123&forcev4exp=true#ht_1171wt_1182

    Auction is over in about an hour. If it doesn't move much from here, it will close at roughly the same price that the previous auction for this car closed at.

    This is #59. AceMaster, it's the one that I said I was considering.
     
  52. dahveedem

    dahveedem Formula 3
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    That is greg's car in Chicago. He checked out my car before I bought it sight unseen. Aside from me, he is probably the 2nd most anal guy ive ever met. He took over 40 pics of things that bugged him about my car and we chatted on the phone for 45 mins about it. Id never met him and at the time he wasnt selling his car.

    Plus hes the central states Ferrari club muckity muck and a fellow fchatter.

    Had I not made the deal I made on my car, his was next on my list.

    Of course, do your due diligence and get a ppi ... but id trust him with what he tells you about the car.

    David

    Mobilized reply by David
     

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