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Ferrari

Ferrari - 348 (1991)

Explore the legendary Ferrari 348—a timeless blend of Italian design, raw power, and iconic status on the road.

Whether you’re a seasoned collector, a weekend cruiser, or just a fan of classic Italian racing heritage, the Ferrari 348 is a standout in any conversation about performance machines. While the Ferrari 348 price varies widely—depending on mileage, provenance, and market demand—it remains a coveted symbol of 1990s luxury and speed. In this overview, we’ll walk you through the key specs, depreciation trends, and market positioning of the 1991 Ferrari 348, giving you a clear picture of what is a 1991 Ferrari 348 worth today and how to gauge a fair deal.

Base Specs: What Makes the 348 Tick

  • Model Year & Scope: 1991-2000 production cycle, with the 1991 launch setting the timing for V8-powered performance within the Ferrari 348 price discussion.
  • Engine: 3.5‑litre twin‑turbocharged V8, 0‑60 mph in ~5.9s, 8‑speed manual or optional 6‑speed Pininfarina automatic.
  • Transmission: 6‑speed manual clutch (standard) for pure driving pleasure; optional 6‑speed automatic for convenience.
  • Power Output: 335 hp / 300 lb‑ft torque (varies slightly by year).
  • Fuel Type: Premium gasoline.
  • Layout: Front‑mid engine, rear‑wheel drive.
  • Dimensions: Length 4,200 mm (165 in); Width 1,915 mm (75 in); Height 1,219 mm (48 in); Wheelbase 2,460 mm (97 in).
  • Weight: Approx. 1,450 kg (3,200 lb) dry.
  • Braking: Front disc brakes, rear drum brake (later upgraded to rear discs on some used Ferrari 348 models).
  • Interior: Leather seats, capsule steering wheel, monochrome dashboard with analog gauges.
  • Suspension: Double wishbone front, rear live axle with stabilizer bar (confirming Ferrari 348 depreciation concerns such as wear on traditional rear suspension).

Depreciation Insights: Understanding the Ferrari 348 Lifecycle

While the Ferrari 348 price can vary dramatically, a general depreciation pattern emerges when you consider the model’s lifespan and hobbyist enthusiasm.

Typical Depreciation Projections

  • First year after purchase: 15-20% loss from original MSRP.
  • Years 2‑4: 8-10% per year, as the car’s novelty fades and maintenance costs rise.
  • Years 5‑10: 5-7% annual decline, as the vehicle stabilizes in the used market.
  • Beyond 10 years: depreciation tapers to roughly 2-4% per year, owing to the growing heritage allure of the Ferrari 348.

These figures are averages; specific conditions—run‑on business, rare color selection, clean title—can shift values significantly.

Moreover, the degree of Ferrari 348 depreciation is influenced by key factors: