Highlights

  • Very well presented in classic colour scheme 
  • Later, improved 348 with Targa roof 
  • Retains its original leather tool kit and handbook 
  • Long-term UK resident car 
  • Two UK keepers since 2002 
  • HPI checked and clear 

The Appeal 

The 348 had a lot to live up to. It was a follow-up to the iconic 328 and launched in the shadow of the Testarossa. The new car cleverly channelled the style of both, including the side strakes that made its big brother so distinctive. It was the last car developed by Enzo. 
Early cars were not as expertly developed as Ferrari buyers expected. The firm quickly rectified the issues, making later cars like this one highly regarded by contemporary reviewers and modern buyers. That can make the 348 something of a hidden gem, perhaps overlooked by those who haven’t experienced one. 
Classically finished in Rosso Corsa over black leather, this beautifully presented 348 Traversale Spider is a timely reminder of how evocative these cars are. It is in very good condition inside out, reflecting the sparing use by its two keepers since 2002. It even retains the hand-crafted leather tool box. 
Recently removed from long term storage, this is a very good example of a car that Ferrari aficionados are increasingly returning to. 



The History and Paperwork

  • First registered 1991 
  • First registered in the UK in December 2002 
  • Appears to have subsequently spent time in Italy 
  • Two registered UK keepers
  • Various registration documents from Italy 
  • ASI certificate dated 24th July 2012 
  • V5c in seller’s name 
  • Clear HPI report from 2015
  • Car cover included 
  • There are some invoices from 2015 
  • Old MOTs 
  • Regularly MOT’d since 2005 with some gaps indicating sparing, regular use 
  • Factory handbooks and leather wallet in good order
  • Factory leather-bound tool kit 
  • Last MOT expired 6th September 2021 with 96,126kms on test and no advisories 



The Condition

  • Classic red over black colour scheme 
  • paintwork in very good order with few signs of age
  • Exterior fittings and black Targa roof panel well kept 
  • Bodywork is straight with good panel fit and finish
  • Five spoke factory alloys in virtually as-new condition
  • Quality Pirelli tyes fitted all round with good tread and condition
  • Underside presents well with no structural advisories on last MOT
  • Very well kept black leather interior 
  • Few signs of use or age across cabin fittings
  • Unmodified and very original interior 
  • Tidy switchgear, fittings and trim 
This very tidy 348 looks resplendent on Rosso Corsa over black. The exterior and interior betraying few indications that this is a 33 year old car. The interior in particular looks much as it surely would have done when this car left the showroom in 1991.
As a TS this car has the versatile Targa style roof with its black removable panel. There are few of the common scratches and scuffs you might expect from this process. The car is factory standard and original and even comes with the desirable leather-bound, hand-crafted factory tool kit. 



The Mechanics 

  • 3,405cc 32V quad cam V8 ‘Dino’ engine 
  • 290bhp output 
  • 5spd manual ‘dogleg’ gearbox 
  • History and MOTs verify mileage 
  • No reported running or driving issues 

The 348 chassis and body may have been all new but under the bonnet there was Ferrari’s familiar - and iconic - DIno V8. Tracing its lineage back to the late 1950s, this remarkable power plan now featured 32 valves, quad-cam layout and delivered 290bhp. 
In this car it is mated to a 5spd manual gearbox with ‘dogleg’ first.  Later 348s like this one benefitted from significant improvements to the handling and driveabilty over earlier cars, and as a result are well regarded. 
The low mileage on this car is verified by the service and MOT history. It wil require a fresh MOT before being driven but with few miles since the last test and no advisories back then, that should be a formality. 



BEFORE YOU BUY 
This sale is subject to the Car & Classic Terms and Conditions. By bidding and/or making an offer, you also agree to the following: 
The seller is registered as a private seller which means consumer rights stemming from EU consumer protection law do not come into effect. However, you are still covered by Car & Classic’s own Terms and Conditions.. 
We request that a non-refundable fee  be paid if you are the lucky winning bidder at auction or if your offer is accepted Please refer to our helpful FAQs and T&Cs for specific rates. 
This vehicle is “Sold As Seen”, on an “As Is Where Is’ basis and without warranty. Photos and descriptions are solely for guidance purposes and it's customary to carry out a full inspection of the vehicle prior to purchase for your own peace of mind. 
✓ VAT is included in the buyer's deposit. VAT may or may not be included in the final bid or offer price, as specified in the listing. 
We want a smooth transaction just as much as you do and as such we run all UK-registered cars and motorbikes for sale on Car & Classic through an online HPI check to verify that they show no insurance database markers for damage or theft, and have no finance owing, allowing you to bid with confidence. 
✓ We also check whether vehicles are recorded as being written off as part of an insurance total loss claim at the time an advert is placed on Car & Classic and we helpfully provide write-off category labels (Cat C/D/S/N) for your assistance. However, the presence or absence of a label does not guarantee the vehicle’s status and it is always worthwhile carrying out your own  full vehicle history check before making an offer on a vehicle. 
✓Buyers are responsible for vehicle collection 
or delivery. Importing vehicles may result in additional customs duties and import taxes so it’s worth checking beforehand.. If requested, we may refer you to a third-party shipping company who can help. For more details and to speak to the team, email [email protected] 

Please see our FAQs here and our Terms & Conditions here

Auction FAQs
Vehicle specification
  • Year 1991
  • Make Ferrari
  • Model 348
  • Colour Red
  • Odometer 96,169 Kilometres
  • Engine size 3405
Auction Details
  • Seller Type Private
  • Town Birmingham
  • Location West Midlands
  • Country United Kingdom
Bidding history
14 bids from 6 bidders
  • be•••• £42,000 14/06/24
  • Cl•••• £40,999 14/06/24
  • be•••• £40,000 13/06/24
  • ge•••• £35,000 13/06/24
  • Cl•••• £32,666 13/06/24
  • be•••• £31,000 13/06/24
  • Cl•••• £26,900 13/06/24
  • dr•••• £25,000 13/06/24
  • dr•••• £22,500 13/06/24
  • dr•••• £20,000 13/06/24
Message C&C Auction Team

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