348 values 2024

OP hasn't said but this is the UK predicted values for 348 so somewhat niche

Future values is almost as popular a subject as belt change intervals......

 

What do you consider "low average mileage" as being low average, and same for high average mileage?

 

Edd,
The general rule of thumb in purchasing is to buy the best car you can afford, and get a PPI by a reputable shop you trust. You will find many on here that suggest buying a well driven example and don't let higher mileage scare you. I somewhat agree with that, as long as documented maintenance goes along with the miles. Unfortunately, too many people fall into the trap of first time Ferrari buyers and get a poor example and it ends up giving that person a bad experience and bad news always travels fast. And then we all hear about how 348's and 355's are money pits. By no means are they cheap cars to own, but if taken well care of many long time owners will attest that it's not all bad. Hope this helps.

 

Another famous saying in the F car world; "the cheapest Ferrari is always the most expensive".

 

I am sure the standard wisdom of "buy the best car you can afford, and get a PPI" or "the cheapest Ferrari is always the most expensive" is generally applicable with a great degree of success. In my case, however, I used another approach: "shop the seller more so than the car". In so doing I secured a gem of a 348 at a remarkably good price. Maybe I got lucky but I let my decades old-honed instincts guide me through the psychology of the seller until I understood what kind of car I was looking at. It took several months of continuous communication to seal the deal. I then embarked on my journey to the seller's location with cash in hand (well, it ended up being an ACH transfer): a quick test drive around the block confirmed what I already suspected and I drove the car a way. No PPI other than my seat of the pants.

Did I get lucky? Maybe. But in a world driven by numbers don't forget the relevance of your own intuition.

 

Mark @ morethanpolish or Tim @ Walkersport ?

 

Buy one from a Indy that has a few for sale . They tend to know them , vouch for them , sort them and generally stand by reputational wise by them .
I know this sounds like a punch to the stomach to the private sale guys out there …..but with the Indy route you get meet an expert and he can field your questions. You can agree little jobs eg tyres or a major service Inc in the £ .

You can agree delivery arrangements too .
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As far as your main Q . Over the past 30 yrs this is my 4 th Fcar and I have sold two a Testarossa ( 9 yrs ownership) a 360 M F1 (10 yrs ) and each time they sold for more than I paid and the uplift more than covered the maintenance. So in-effect free motoring when all the overheads are added back .

It’s just mkt timing .Never buy new .
Eg my 360 I bought at the height of the 2008 Nov crash for £38 K ( 18 K miles ) FFSH . Continued wirh franchised annuals ,
Sold in 2018 for £56 K ( @ 42000 Miles FFSH ) so a £18 K uplift more than covered costs .
I got out at the right time as today they struggle between £ 50-60 K .

Anyhow this Giallio 348 Spider , 1994 with 320 hp is one of two on U.K. roads RHD left ……..rare there are only 16 spiders running in the U.K. ……….go figure.

A lot have been exported to other RHD countries.