How much is my 348 spider worth? | FerrariChat

How much is my 348 spider worth?

Discussion in '348/355' started by rhunt, Jan 7, 2010.

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  1. rhunt

    rhunt Karting

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    I have purchased a 360 and am looking to sell my 94 348 spider. It is red/tan with 45k miles on it. It is in good condition with a fresh oil change, gearbox oil change and checkup. It is due for a 30 on time but I am not interested in getting it done before selling it. What do you think I could get for it? Here are a few pics.

    I am not a desperate seller,but would like to get what is fair for the car and am realistic.

    Rob
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    Last edited by a moderator: Sep 7, 2017
  2. BT

    BT F1 World Champ Lifetime Rossa

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    These days you would be good to get $45k I would say (assuming the mileage is reasonable). Most here would say you should expect $35k since you need a $8-10k service soon.
    :)
    BT
     
  3. PAP 348

    PAP 348 Ten Time F1 World Champ Lifetime Rossa Owner

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    Looks gorgeous mate! :D:D

    Dont sell, keep her in the garage next to her younger sister. :eek::eek:
     
  4. Vegas-Guy

    Vegas-Guy Formula 3

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    +1 maybe 40k if everything else is in good shape and you have service records.
     
  5. niklas

    niklas Formula 3

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    Keep it with the 360!!!

    :)
     
  6. vvassallo

    vvassallo F1 Veteran

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    I agree with the range $40-$45K should do it in this crazy market. Mind you I think they are worth much more...
     
  7. flyguyskt

    flyguyskt Formula Junior

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    just bought a 30k mile 94 spider with a service thrown in for 45K$ delivered
     
  8. AceMaster

    AceMaster Three Time F1 World Champ

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    these figures are making me sick :(
     
  9. First Ferrari

    First Ferrari Formula Junior

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    I bought my 95 with 38,000 miles with fresh service records for $41K but that was before the market softened more. I would say the way the market is and needing a 30K service I would estimate that you are looking at about a $35K-36K car, start at 40K and see what happens you can always go down but not go up.
     
  10. Husker

    Husker F1 World Champ

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    I'd say $35K is going to be pretty close. Sickening, but true. You wait until summer you might squeeze 3 more grand out of it.
     
  11. 355dreamer

    355dreamer F1 World Champ Owner

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    32k... Max.
     
  12. Nica

    Nica Rookie

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    Your wheels are on the wrong side of the car... Gorgeus car!
     
  13. Dutchman

    Dutchman F1 Veteran Lifetime Rossa Owner

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    Very pretty car.
    I can't believe those prices. That is almost disgraceful for such a pretty rare car.
    In Europe the bottom price for a good spider is € 45k which is $ 64k. That sounds more reaonable.
    If you don't have to sell it I would keep it. The prices of these beauties will go back up in time.

    I hope!
     
  14. Dohangs

    Dohangs F1 Rookie Owner Rossa Subscribed

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    Looks like a nice car. Might be able to get b/w 35k to 40k. Wait till the summer time to sell if you can. How do you like the 360?
     
  15. Silky Smoove

    Silky Smoove Karting

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    From someone who has made looking at 348/355's a full time job lately, I think the guys on here are spot on. 35k is about it.
    someone has to spend 8k-10k so they have 45k-50k in a car with close to 50,000 miles. Give them a couple years or so and put 10,000 miles on it, now they have a Ferrari with 60k miles......they'll never sell it.
    How ya liking that "hope and change"?
     
  16. Dutchman

    Dutchman F1 Veteran Lifetime Rossa Owner

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    What's wrong with a 60k miles Ferrari? :)
     
  17. Husker

    Husker F1 World Champ

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    nothing at all. but the market value is substantially less.

    these cars take a huge hit when they trip 30K, another one at 40K, then drop off a cliff at 50K.
     
  18. Ricambi America

    Ricambi America F1 World Champ Sponsor Owner

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    Sweet! I'm way past 50k ! Time to drive!
     
  19. rhunt

    rhunt Karting

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    I like the 360 a lot, it is a different kind of driver. The 348 is a raw feel sports car that is probably for me a little bit more fun to drive. The 360 has a very solid feel and is easy and comfortable to drive. It feels like a daily driver as far as durability.

    I will start at $40 and go down to $36k if I have to. If anyone has any interest, let me know. Thanks for the input, it is about what I was thinking so while I think it is tough to sell a nice Ferrari 348 conv at that price, it is probably realistic. I may get my friend to run it up to Manheim. If I don't get $35 or $36k for it, I may let my 18 year old daughter have the car. It would be like buying her a new Accord or something like that.

    Rob
     
  20. bpu699

    bpu699 F1 World Champ Owner Silver Subscribed

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    Your insurance agent appreciates your offer to pay for his kids college...
     
  21. ricbowling

    ricbowling Karting

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    I would not advize a 348 for any 18 yr old, especially a girl. It is a difficult car to drive, its temperamental (cold starts, tail out etc) and only after some years of driving other cars would I recommend IMHO. With regards to the price of a spider I paid 49000€ for a 1993 spider 2 years ago without the 30k major.
     
    Last edited: Jan 8, 2010
  22. rhunt

    rhunt Karting

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    Yea, I paid $52 for the car 2 years ago and needed a service. I will try Manheim and maybe sleezebay to see if I can get rid of it.
     
  23. I'm gone

    I'm gone Formula Junior

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    I would consider putting the wheels on the correct way, I think it may add confidence that the car has been kept in original condition.
     
  24. kdf398

    kdf398 Formula Junior Silver Subscribed

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    2 years ago it needed a major service and now it needs a major service?

    Have you had a major performed since you owned it? How much did you drive it in 2 years?
     
  25. AceMaster

    AceMaster Three Time F1 World Champ

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    I was going to ask the same thing
     

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