The Ferrari 348: A Look at Models, Years, Options, and Collectability
- Lee Yung
- Jul 15, 2024
- 4 min read
Updated: Oct 15, 2024
Introduction to the Ferrari 348
The Ferrari 348, produced between 1989 and 1995, was a significant model in Ferrari’s lineup, bridging the gap between the 1980s-era 328 and the groundbreaking F355. It represented Ferrari’s first foray into a more modern design language and engineering approach, incorporating many elements that would define Ferrari's sports cars in the 1990s. Despite its initial mixed reception, the 348 has grown in appreciation over time and is now regarded as a classic Ferrari with a strong following among collectors and enthusiasts.
Models and Production Years
The Ferrari 348 was offered in several versions throughout its production life, each with unique characteristics:
1. 348 TB (1989-1993):
- The "TB" stands for "Transversale Berlinetta," referencing the car's transverse-mounted gearbox and coupe body style. Introduced in 1989, the 348 TB was the hardtop version and the first of the 348 models. Approximately 2,894 units were produced, making it one of the more common variants.
2. 348 TS (1989-1993):
- The "TS" stands for "Transversale Spider," though it is actually a targa version with a removable roof panel rather than a full convertible. The 348 TS offered a mix of open-air driving and coupe-like rigidity. With around 4,230 units produced, it was the most popular 348 variant.
3. 348 Spider (1993-1995):
- The 348 Spider was introduced later in the model's life, featuring a fully retractable soft top for true open-top driving. This version marked the first time Ferrari offered a fully convertible model in its V8 lineup since the 308 GTS. Only about 1,090 units were produced, making it relatively rare.
4. 348 Serie Speciale (1992-1993):
- The Serie Speciale was a limited edition of the 348, featuring various enhancements over the standard TB and TS models. These included a revised rear track, upgraded interior materials, and a slight increase in power. Only 100 units were produced, all destined for the U.S. market, making this a highly sought-after variant.
5. 348 GTB and GTS (1993-1995):
- The GTB (Berlinetta) and GTS (targa) were introduced as updated versions of the 348 TB and TS. They featured improved aerodynamics, suspension, and engine tuning. Around 222 GTB and 137 GTS units were produced, making them quite rare.
6. 348 GT Competizione (1993-1994):
- The GT Competizione was a track-oriented version of the 348, inspired by Ferrari's racing programs. It featured significant weight reduction, a more powerful engine, and performance upgrades like a stiffer suspension and larger brakes. Only 50 units were made, making it one of the rarest and most collectible 348 models.
Engine and Performance
The Ferrari 348 was powered by a 3.4-liter V8 engine, mounted longitudinally and paired with a transverse gearbox, a configuration carried over from the iconic Ferrari 288 GTO. The engine produced 300 horsepower in the early models and was later increased to 312 horsepower in the GTB and GTS versions. This powerplant allowed the 348 to accelerate from 0 to 60 mph in around 5.6 seconds, with a top speed of approximately 171 mph.
Options and Features
The Ferrari 348 offered various options and features that enhanced both its performance and driving experience:
- Transmission: The 348 came standard with a five-speed gated manual transmission, a hallmark of Ferrari’s V8 models. The precise and tactile nature of the gated shifter is often highlighted as one of the car’s most engaging features.
- Interior Options: Buyers could customize their 348 with a range of leather upholstery colors and interior trim materials. Ferrari also offered options like sport seats and additional carbon fiber components for those looking to enhance the car’s sporty feel.
- Wheels and Brakes: The 348 was equipped with 17-inch wheels as standard, though aftermarket options were often pursued by owners looking to personalize their cars. The car featured ventilated disc brakes with ABS, which was a significant advancement for Ferrari at the time.
- Suspension and Handling: The 348 featured an independent suspension setup with coil springs and telescopic dampers, allowing drivers to experience Ferrari's renowned handling dynamics. Some later models and special editions offered stiffer suspension setups and enhanced handling characteristics.
Collectability and Market Value
The Ferrari 348 has seen a resurgence in popularity among collectors, as it offers a blend of classic Ferrari design and performance at a relatively accessible price point. Several factors contribute to the 348's collectability:
- Limited Editions: Models like the 348 Serie Speciale and GT Competizione are particularly desirable due to their limited production numbers and enhanced performance features. These variants tend to command the highest prices in the market.
- Manual Transmission: The 348's manual transmission is a significant draw for enthusiasts, especially as modern Ferraris have moved towards automated gearboxes. The gated shifter is a symbol of the pure, unfiltered driving experience that Ferrari once offered.
- Condition and Mileage: As with most classic cars, low-mileage, well-maintained examples of the 348 are highly prized. Cars with complete service records, particularly those with documented timing belt changes, are especially attractive to collectors.
- Color and Originality: Ferraris in traditional colors like Rosso Corsa (red) tend to be more valuable, although some collectors seek out rarer color combinations. Originality is also key—cars that have not been heavily modified generally hold more value.
As of 2024, prices for a Ferrari 348 can range from $70,000 to $150,000, depending on the model, condition, and mileage. Special editions like the GT Competizione can exceed this range, especially if they are in excellent condition and have low mileage.
Conclusion
The Ferrari 348, once considered a transitional model, has earned its place as a classic Ferrari with a dedicated following. Its distinctive design, engaging driving experience, and relative rarity make it an attractive option for both enthusiasts and collectors. With various models and special editions to choose from, the 348 offers something for every Ferrari aficionado, and its collectability continues to rise as more people recognize its significance in Ferrari's history.
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