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

    Nov 20, 2003
    51
    #1 rhunt, Jan 7, 2010
    Last edited by a moderator: Sep 7, 2017
    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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  2. BT

    BT F1 World Champ
    Lifetime Rossa

    Mar 21, 2005
    15,291
    FL / GA
    Full Name:
    Bill Tracy
    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

    Dec 10, 2005
    100,219
    Mount Isa, Australia
    Full Name:
    Pap
    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

    Nov 25, 2007
    1,828
    Austin, TX
    Full Name:
    Reg
    +1 maybe 40k if everything else is in good shape and you have service records.
     
  5. niklas

    niklas Formula 3

    Apr 25, 2008
    1,535
    Chilliwack BC
    Full Name:
    N. Olafsson
    Keep it with the 360!!!

    :)
     
  6. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,324
    Palos Verdes
    Full Name:
    Vince V
    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

    Sep 22, 2009
    443
    South Dakota
    Full Name:
    sean
    just bought a 30k mile 94 spider with a service thrown in for 45K$ delivered
     
  8. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    34,776
    Ontario, Canada
    Full Name:
    Mike
    these figures are making me sick :(
     
  9. First Ferrari

    First Ferrari Formula Junior

    Jun 18, 2005
    523
    Mahtomedi,MN
    Full Name:
    Christopher Reeves
    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

    Dec 31, 2003
    11,792
    western hemisphere
    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

    Apr 3, 2006
    10,476
    DC Metro
    Full Name:
    L.C.
    32k... Max.
     
  12. Nica

    Nica Rookie

    May 19, 2009
    24
    Europe
    Your wheels are on the wrong side of the car... Gorgeus car!
     
  13. Dutchman

    Dutchman F1 Veteran
    Lifetime Rossa Owner

    Dec 4, 2002
    6,184
    EU
    Full Name:
    Ton
    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

    Oct 31, 2008
    3,121
    Florida
    Full Name:
    Spiro
    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

    Dec 12, 2009
    86
    Frisco, TX
    Full Name:
    Marty
    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

    Dec 4, 2002
    6,184
    EU
    Full Name:
    Ton
    What's wrong with a 60k miles Ferrari? :)
     
  17. Husker

    Husker F1 World Champ

    Dec 31, 2003
    11,792
    western hemisphere
    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

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

    rhunt Karting

    Nov 20, 2003
    51
    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

    Dec 9, 2003
    17,684
    wisconsin/chicago
    Full Name:
    bo
    Your insurance agent appreciates your offer to pay for his kids college...
     
  21. ricbowling

    ricbowling Karting

    Jan 21, 2008
    140
    Cascais
    Full Name:
    Ricardo Almeida
    #21 ricbowling, Jan 8, 2010
    Last edited: Jan 8, 2010
    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.
     
  22. rhunt

    rhunt Karting

    Nov 20, 2003
    51
    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

    Feb 5, 2006
    619
    Phoenix,az
    Full Name:
    Brian
    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

    Nov 11, 2003
    497
    Pasadena CA/Kelowna BC
    Full Name:
    Keith
    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

    Feb 6, 2009
    34,776
    Ontario, Canada
    Full Name:
    Mike
    I was going to ask the same thing
     

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