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For Sale 1990 Ferrari 348 TS Gated 5 Speed Red on Tan Leather

Discussion in 'Ferraris' started by Kingshawn1234, Dec 18, 2021.

  1. Kingshawn1234

    Kingshawn1234 Rookie
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    May 12, 2009
    22
    West Los Angeles
    Hello,

    Selling my 1990 Ferrari 348. This is a great driver. Remains original, has a removable hard targa top. Its paired with its 3.4l V8 engine and 5 speed transmission. Has an updated radio that has bluetooth. It runs and shifts great. The clutch feels awesome. It's been in long time ownership in the west coast. The car has a small crack in the front bumper, rear bumper and also in the windshield which are fairly inexpensive to fix. The car has a clean title and Carfax. Its got the beige leather interior and Rosso Corssa red exterior.
    Feel free to reach out for any more questions or information

    Asking $56,500

    Thank you.
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  3. PeterS

    PeterS Four Time F1 World Champ
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    Jan 24, 2003
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    Nice car, maybe under-priced a tad if you have average miles on it. Should go fast!
     
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  4. Yellow Compass

    Yellow Compass F1 Veteran
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    #4 Yellow Compass, Dec 18, 2021
    Last edited: Dec 18, 2021
    Hi Give me a call or text me so we can chat , i may have a client for the 348
    PS Mileage?
    Thanks
    Mike 973-610-7111
     
    PeterS likes this.
  5. Kingshawn1234

    Kingshawn1234 Rookie
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    May 12, 2009
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    Cars got 63,000 Miles!
     
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  7. PeterS

    PeterS Four Time F1 World Champ
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    Work a deal with Mike. He is very fair and will take your selling headaches off the table. Just make sure you are up front regarding any gremlins the car has.
     
  8. eskamobob1

    eskamobob1 Karting

    May 9, 2020
    133
    SoCal
    I was wondering when I would see these two cars pop up here. Been staring at them on FB marketplace for a while now
     
  9. SpencerMarks

    SpencerMarks Karting
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    Jan 15, 2017
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    I wouldn’t call a new windshield inexpensive.. when’s the last time it’s had its scheduled engine out service? Does it come with recent maintenance documents?
     
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  10. MarylandGuy

    MarylandGuy Rookie
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    Jul 9, 2020
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    I spoke with Shawn about the car yesterday as I'm very interested in getting into a 348 even if it is a bit of a project. He was very helpful and transparent about what he knows about he car. The windshield is going to run about $1300 parts + $500 labor based on my research. The car doesn't have any service records or knowledge of when any engine out majors were done since the prior owner is deceased and Shawn has only had it for a few months. Given the miles if I was going to get into this particular 348, the post-purchase costs/risks were too high for my experience level, but if someone has the access to parts and the ability to DIY the engine out, it could make sense. I just couldn't justify going in at $56k + shipping to the East coast as my baseline price knowing there was plenty more to tack on top of it. As with any sale, it needs the right buyer which I'm sure this one will eventually find.
     
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  12. one4torque

    one4torque F1 Rookie
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    Great cat for the diy person.

    I wish I had room!
     
  13. PeterS

    PeterS Four Time F1 World Champ
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    Are you saying a fair price for this car may be around $40K, maybe $45K?
     
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  14. eskamobob1

    eskamobob1 Karting

    May 9, 2020
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    SoCal
    How did you get that out of what they wrote? 40k would make it the cheapest 348 sold in the past year by nearly 5 figures. Regardless if OPs asking is fair or not I dont know how you would even get a running/driving 348 with an interior to only be worth 40.

    I think instead what they are saying is that the car make more sense for someone who can get/do a PPI to get a better idea and maybe doesn't need to pay for shipping across the US.
     
  15. MarylandGuy

    MarylandGuy Rookie
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    Jul 9, 2020
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    If Shawn will sell it for $40k, I call dibs!!!!!!!

    Given no records or knowledge of service history, absent a fire-sale type price (again, dibs...), it is one that the buyer should get a PPI on and/or see in person to assess the mechanicals and physical condition of the body/interior. While I'm game for a project and leveraging this amazing forum to its fullest for DIY, not sure this is one that my level of experience would get me into for where it will likely land on price + shipping to the East coast.
     
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  16. PeterS

    PeterS Four Time F1 World Champ
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    'Brown' price guess, that's all :)
     
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  17. eskamobob1

    eskamobob1 Karting

    May 9, 2020
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    Did they even offer any browns on the 348? Idk I've seen one if so. I still hold that orange is the best 348 color though.
     
  18. PeterS

    PeterS Four Time F1 World Champ
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    uuuhhhhhhhhhh, eeeeeeeeerrrrrrrr.............A 'Brown Guess' is pulled out of ones.....................uuuhhhhhhhhhh, eeeeeeeeerrrrrrrr...................................never mind.
     
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  19. eskamobob1

    eskamobob1 Karting

    May 9, 2020
    133
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    Rofl. I knew what you were going for. Just brought up wondering if there were any brown 348s
     
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  20. SpencerMarks

    SpencerMarks Karting
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    Jan 15, 2017
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    Exactly, with no records it’s definitely going to need fluids, plugs, engine out, bodywork and a new windscreen. Probably new tires. At least 20-25k worth of work for a car that’s got 65k miles on it. With that added to the price it’s on par with 20-30k mileage Ts’s that have sold this past year.
     
  21. PeterS

    PeterS Four Time F1 World Champ
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    LOL! Like when my boss says "How did you come up with that price"? I reply with "Its a 'Brown' price as he know where I pull them out of!
     
  22. eskamobob1

    eskamobob1 Karting

    May 9, 2020
    133
    SoCal
    Yah, but value hasn't ever been calculated by mint value - 100% of work needed. I wish it was (would make for some damn cheap cars for DIY types), but it isnt
     
  23. xpensivewino

    xpensivewino Formula Junior

    Jan 26, 2008
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    I sent the seller a PM with no reply. If anyone has his contact info shoot me a PM. Thanks
     
  24. eskamobob1

    eskamobob1 Karting

    May 9, 2020
    133
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    OP has had these listed on LA Facebook marketplace if you want to try looking there
     
  25. xpensivewino

    xpensivewino Formula Junior

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  26. 19633500GT

    19633500GT F1 Veteran
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    I specifically asked direct questions too on the other car he has listed here as my friend tried to buy a car from him last year. No answer yet on whether or not either of these are actually registered to him. And I have a friend on the east coast who wants another 348, but there may be too much of a list of needs, plus a possible “pass through” on the title/reg, so, without those questions answered, it’s a pass at the moment too.
     
  27. Kingshawn1234

    Kingshawn1234 Rookie
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    May 12, 2009
    22
    West Los Angeles
    Hey,

    Iv been responding to DMs and I responded on the post on my Dino about the registration if you read it. If you guys are serious about the car please PM me. I will be happy to answer all questions and be as helpful as possible VIA PM.

    No the title is not under my name. I haven't registered it. I got about 25 cars right now so I dont register them all. If you are concerned about that I am happy to guide you through registration. As long as you have a smog it won't be a problem.

     

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