348 for sale looking for any and all input

Hi I am currently looking at the 348 listed . http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=21&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0&sortorder=descending&sortfield=PRICE+descending&certifiedOnly=false&criteria=K-%7cE-%7cM-_51_%7cD-_1406_%7cN-N%7cR-10000%7cI-1%2c7%7cP-PRICE+descending%7cQ-descending%7cZ-01923&aff=national&paId=136469317&recnum=41&leadExists=true
Can any of you 348 gods tell me about pricing and any info on this car ?

Thanks in advance,

Michael

 

Beautiful car. I would be asking for records of the most recent 30K service. If those aren't available, it's a $35-37K car in this environment. If they ARE available AND it was a recent 30K service (last 2 years) AND it was a comprehensive 30K service (that's 3 big thresholds that you have to cross), then it's a $42-43K car.

Hope this helps. The 348 is the most splendid of Ferraris and you will love it.

 

Pricing depends strictley on miliage and service records as well as the obvious condition. Without them you are faced with possibility that the car doesn't have the proper service. Service and lack there of can be very expensive.The car looks great and the price sounds good, just make sure that it has those records. Use the search here, you will find alot of helpfull info. I did and I'm the happy owner of a 90' 348ts. You can not have enough info with these cars. Good luck and remeber have fun. You will find looking is alot of fun as well. Jeff

 

This is advertised as a Challenge car. It doesn't look like it has been tracked/raced. These are the best, and among the rarest, of the 348's IMO. It is far more valuable that the range quoted above - I'd put it in the 60's and the range depends on the services, true. It's too bad it lacks Challenge seats. I definitely would make sure that the car is a Challenge and not a car that had a badge addition. Even then, a 1994 TB coupe is pretty rare on the market.

 

Just a few observations from the pictures of the car:

- the original radio faceplate has been removed and backing plate for the radio modified/changed to accept the double DIN nav system (original has a single DIN slot). It would be nice if the originals were included to have the option to return it to stock.

- the door panels look like they came from a Spider (indent in rear of panels to allow space for Spider top mechanism). I'm not familiar with Challenge door panels, so these may be correct.

- footwell fuse panel cover incorrectly installed (red bracket seen at bottom lip should be behind panel); it does look like the rubber that covers the panel is included as it is shown on the floor of the passanger side.

- I'm not sure what the heck the extra electronic goodies are hanging from the dash and bolted to the passanger side of the footwell area (one looks like an iPod connector) but they are not stock items.

- missing triangle trim piece on driver door (mirror mount) - NLA, but aftermarket available from Ricambi.

- tweeters mounted in doors not stock.

Other than that, rare car, rare model and rare year. If it checks out w/records this could be a really nice purchase. Good luck!

 

We saw this car on Fchat before. I think this was the one where I noted the roll bar cutouts on the rear floor, near the seats. Let me do some searching...

 

Found this on another site... can not vouch for its accuracy....

****

1994 348tb Factory Challenge Car S/N: ZFFRG35A2R0097965

Number 9 of 32

Built Sept. 1993

Assembly # 15031

Engine # F119G040 - 35437

Gearbox # 155989-506 (Ferrari North America Info Says Gearbox was -406)

Exterior: Rosso Corsa - 300

Interior: Tan Leather

No Challenge Kit - Street Car

Purchased new in Feb. 1994 from Ferrari of Houston (FoH) by A. H. Williams.

Traded to West Side Lexus Dealer (Houston) June 1998 and bought by Ferrari of Houston.

Purchased in July 1998 from FoH with 6800 miles by J. Lowery with no records provided by FoH.

****

Mike in Kuwait

 

I hope I am wrong but I thought that this car had some fire damage in the past and was re-painted. I spoke to J Lowery a few years back and he was pissed at FoH for not disclosing this info - maybe FoH didnt know about it.

Again do your research. I hope I am wrong.

 

A true Challenge car with good records should bring over $50k even in today's depressed markets.

To my point above, I am not necessarily asking you to walk away. The car may have been fixed right. It's just that it wouldnt be equivalent in price to a car without a damage record. I would recommend a thorough inspection to make sure that the car is perfect for you.

 

My bad on the estimate: I didn't realize this was a challenge car. Of course, "challenge car" is going to take on a whole knew meaning if you find out it's been in a fire.

 

Here is the Carfax report:
A CARFAX Vehicle History Report is based only on information supplied to CARFAX. CARFAX checked over 5 billion vehicle history events and found 11 record(s) for this 1994 FERRARI 348 TB (ZFFRG35A2R0097965).

Date: Mileage: Source: Comments:
02/15/1994 Texas
Motor Vehicle Dept.
Houston, TX Registered as
personal vehicle

04/29/1994 102 Texas
Motor Vehicle Dept.
Houston, TX
Title #00022200042513632 Title or registration issued
First owner reported
Loan or lien reported

04/28/1997 6,058 Texas
Inspection Station
Houston, TX Passed emissions inspection

05/01/1998 6,784 Texas
Inspection Station
Houston, TX Passed emissions inspection

07/28/1998 6,871 Texas
Motor Vehicle Dept.
League City, TX
Title #10122635991094802 Registration issued or renewed
Title or registration issued
Loan or lien reported
Passed safety inspection

08/02/2003 17,106 Texas
Inspection Station
League City, TX Failed emissions or safety inspection

08/09/2003 17,157 Texas
Inspection Station
Houston, TX Passed emissions or safety inspection

09/26/2005 CARFAX
This vehicle was registered in a county declared a flood disaster area by the Federal Emergency Management Agency ( FEMA ).


Hmmm...while most of these vehicles may not have been damaged, you should check for flood and/or other damage during your pre-purchase inspection.

07/11/2007 17,308 Texas
Inspection Station
Houston, TX Passed safety inspection
Passed emissions inspection

08/03/2007 Texas
Motor Vehicle Dept.
Rosenberg, TX
Title #10173939285093748 Title issued or updated
New owner reported

08/25/2008 19,486 Dealer Inventory Vehicle offered for sale

 

Door panels are that way for the roll cage to fit. Mine has the same and every tb challenge I have seen have the "spider" door panels.

As for the car, I am pretty sure it has already been purchased.