'94 348 Spider for Auction - 94,000 kms | FerrariChat
Buy

'94 348 Spider for Auction - 94,000 kms

Discussion in 'Australia' started by Schmick325, Oct 21, 2004.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Schmick325

    Schmick325 Formula Junior

    Mar 10, 2004
    879
    Bris east
    #1 Schmick325, Oct 21, 2004
    What do you guys think of this?? Be interesting to see how much this goes for. . . ex hire car?

    Compliance Date 09/94
    Make FERRARI
    Model 348, SPIDER, Convertible
    Description RED, MANUAL, LTR, cyl, Petrol, Multi-Point Injected
    Registration No. No Registration
    Stock No104534
    Odometer94,412 kms
    Registered Until No Registration
    Extras Aircond., P/Wind, LSD, CD Player, Radio, Alloy Wheels, P/Steer, IRS, Cent.Lock, Leather Trim, Alarm, detach face stereo
    Sale Details
    Proposed for sale

    BELMORE - SYDNEY: 27/10/2004
    Prestige Vehicles
    54 Kingsgrove Rd
    Belmore NSW 2192

    [​IMG]
    [​IMG]
    [​IMG]
     
  2. ferrarifixer

    ferrarifixer F1 Veteran
    BANNED

    Jul 22, 2003
    8,520
    Melbourne
    Full Name:
    Phil Hughes
    #2 ferrarifixer, Oct 21, 2004
    ex rental 348 approaching 100,000km........couldn't give it away
     
  3. Mike360

    Mike360 F1 Rookie

    Feb 18, 2004
    3,432
    Sydney, Australia
    Full Name:
    Mike
    #3 Mike360, Oct 21, 2004
    I agree. But some shmuck will buy it....
     
  4. Schmick325

    Schmick325 Formula Junior

    Mar 10, 2004
    879
    Bris east
    #4 Schmick325, Oct 21, 2004
    hehe, id buy it for $55,000 maybe :D
     
  5. ferrarifixer

    ferrarifixer F1 Veteran
    BANNED

    Jul 22, 2003
    8,520
    Melbourne
    Full Name:
    Phil Hughes
    #5 ferrarifixer, Oct 21, 2004
    I wouldn't.

    Do you have any idea how quickly you could spend another 50k on it.......

    If you've got 55k burning a hole in your pocket, by a really nice GT4 and spend 10k on your self/wife/girl/family!
     
  6. Mike360

    Mike360 F1 Rookie

    Feb 18, 2004
    3,432
    Sydney, Australia
    Full Name:
    Mike
    #6 Mike360, Oct 21, 2004
    No doubt!
    If i had 55k spare, id buy an second hand Lancer EVO V. Still my fav 4T AWD
     
  7. Schmick325

    Schmick325 Formula Junior

    Mar 10, 2004
    879
    Bris east
    #7 Schmick325, Oct 21, 2004
    na E36 M3 would be the car - hard to find an unabused one :(

    I heard an F355 Spider 1995 model recently sold for $130,000. Its got a fully rebuilt engine costing $31,000 - happend because of a failed injector.
     
  8. sportveloce

    sportveloce Formula Junior

    Aug 31, 2003
    431
    The Aussie section
    #8 sportveloce, Oct 21, 2004
    What is this car at 100kms worth?

    348s are selling at 140-150 on the Australian market so the car has to be going to fetch at least 100k one would think. There is no way it would go in the 50s. My guess it is >95k at lowest.

    Whats the consensus? I am not asking who would buy it, but what price do you think it will fetch?
     
  9. Schmick325

    Schmick325 Formula Junior

    Mar 10, 2004
    879
    Bris east
    #9 Schmick325, Oct 21, 2004
    Im not sure if 348's actually exchange owners at 140-150k. I do know for a fact that when getting insurance, the companies are not comfortable insuring for any higher than 125k - Thats for a 1992 348ts (ive had a few quotes). They all say their mkt value us around that level (guess they would though hey . . . )
     
  10. vegas1

    vegas1 F1 Rookie

    Jul 28, 2004
    4,202
    Australia
    #10 vegas1, Oct 21, 2004
    Not very clear photos, but the interior (black not good for Aussie summers) looks dodgy to me, having had many drivers grace the seats no doubt, if its an ex-rental car. I reckon its worth around $A70k.
     
  11. sportveloce

    sportveloce Formula Junior

    Aug 31, 2003
    431
    The Aussie section
    #11 sportveloce, Oct 22, 2004
    Thats interesting.. Do you have any specifics on this sale? Was it at auction, private sale? Where and when?
     
  12. sportveloce

    sportveloce Formula Junior

    Aug 31, 2003
    431
    The Aussie section
    #12 sportveloce, Oct 27, 2004
    People bid up to $95k for the ex-rental 348, but it did not meet reserve.

    Looks like I was dead on with the price.

    Funny how much people will pay for unmaintained F-cars.

    I would love to know where Schmick325 heard about a 355 going for 130k.

    The 348 was garbage with over 90,000 kms on the clock AND EX RENTAL and it still reached $95k. 355s are consistently selling for over 200k. In-fact Lance Dixon has a 96 for 224k.
     
  13. Schmick325

    Schmick325 Formula Junior

    Mar 10, 2004
    879
    Bris east
    #13 Schmick325, Oct 27, 2004
    Whoa 95k , yikes. So figure possibly spending 50k on maintenance soon. Far better off buying a 348 Spider low kms for $150k ish

    As for the F355, have a talk to the guy who runs Dawes Car insurance, he told me about it.
     
  14. sportveloce

    sportveloce Formula Junior

    Aug 31, 2003
    431
    The Aussie section
    #14 sportveloce, Oct 27, 2004
    The funniest thing is that people bid up to the mid 90s for it but it did not meet the reserve. A mistake by the seller IMO.

    I guess the person selling it wants to pull the wool over a buyers eyes and get around 115-125. Its a bit concerning really. Some poor person will end up buying it and having quite a maintenance bill.

    Thanks Schmick for the 355 info.
     

Share This Page