100k mile 348

This one? ZFFRG36A3N0090919

https://www.ebay.com/itm/1992-Ferrari-348/223458842633

Here's BaT from 2017:

https://bringatrailer.com/2017/05/21/no-reserve-runner-dusty-1992-ferrari-348-ts/

Sorry, but this car looks like it's been flooded, or maybe sitting in the rain with the windows open... for a long time.

However, if your forte is is more towards body work and painting, then it might be worth considering.

I wouldn't go over $15k, plus I would need to see and hear it myself, in-person.

So sad to see this kind of neglect.

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Yes, you are nuts. And that’s why you should do it.

 

"For some reasons alot of the 348s they get at that car club are missing the fuel tank and shift box cover and talking to them they arent the ones removing them."

Wut?


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Doing the work yourself will save a lot, and good on you for wanting to save one! One word of caution - parts prices can be nutty. I think for close to thirty in that kind of shape is pushing it. Then again, it's getting harder to find bargain 348s, and rightly so.

 

Hell its worth $20-25k as a parts car. If you’re mechanically inclined you could do fine with it. As Chupacabra says you can start to get upside down on it if you have to buy a lot of parts.

 

Do it. You'll be glad you did.

 

Have the vehicle inspected. I have been at this place before and seen them polishing cars with no paint on it. Not to ruin their name, I was tyring to buy a 308 1.5 ago and if I did not inspect the vehicle couldnt tell the condition of the rust under the vehicle.

 

I think everyone one knows they deal in some pretty rough, unloved cars but somebody’s got to do it. It would be nice if they were a little more forthcoming and straightforward about what they are dealing though. This 348 looks like the clear coat is peeling off the passenger door but they forget to mention that...
I was looking at a yellow 348 spider they had, the add didn’t even mention it didn’t run but there was a picture of the bottom with NO FUEL PUMPS. I asked if that was a picture from when work was being done and they said “no the fuel pumps are missing, we’ve never seen it run.” Um ok, I think that’s something that you should disclose without me asking.

 

I personally wouldn't pay more than 20-23 for it. You're going to buy a very high mileage car that needs work, you'll put money into it and then when you sell it you'll find out it's still not worth much due to the mileage and condition. Buy something with 30-50k miles that's been taken care of properly and enjoy that.

 

Who does this to a Ferrari?


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Looks like flood damage. If it was, electronics that do work now will probably develop issues as they corrode. Main fuse box was probably under water.

 

I believe that could be a 348 that was in Houston and sat outside a repiar shop for a long time. The car was very rough. Visually it needed paint, the leather seats were shrunk up, anodized trim faded.
I heard the engine was worn out and not worth fixing.
It dissapeared a couple months ago.
Find a good car that fits your needs, you will save money in the long run.

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Yes, "sat outside a repair shop for a long time" seems to fit this one.

Also, the file name for the engine photo on BaT is Estate-Sale-Project-Running-1992-Ferrari-348TS-w-Issues-for-sale-Engine.jpg

 

Just sent them a message and asked what was up with the paint on the door. I said I realize factory paint would have been single stage but it looks like there is peeling clear coat. We’ll see what they say.

 

Notice how scrapped up the chin spoiler is. Almost two pieces now, top half and bottom.


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My point was if you’re selling a car and the paint is peeling off half the door that is something you don’t omit from the description. If they forgot to mention that what over issues are the forgetting to tell you about?

 

Sometimes, those gaps are "OEM"

 

They did respond to my inquiry and said yes there is peeling clear coat on the door. They also said that there are “signs of damage to the front passenger fender” but didn’t elaborate.

 

To be specific he actually said “the clear coat on the car is peeling and it will need new paint” so this may not mean just the door but the whole car needs painted???