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Australia market

Ferrari 348

1989–1995

Add to Garage
  • Lowest price

    $89,600

    Since 2020

  • Median price

    $132,500

    Since 2020 · n=8

  • Highest price

    $175,627

    Since 2020

  • Sold cars

    8

    All time

  • Sell-through

    100%

    Of 8 lots

Ferrari 348

Based on 8 verified auction results

HOLDAppreciatinghigh confidence

$149,500

Market value · recent verified sales

+12.8%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Median sold price up 12.8% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

Collectibility

6/10

Collectible

3-Year Forecast

$202,551

+35%

5-Year Forecast

$223,792

+50%

Market scores

34

Desirability

Thin

30

Liquidity

Good

70

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1991

    $13,081-10%

    15 with · 13 without · high confidence

  • Limited-slip diff

    $5,567-4%

    4 with · 24 without · low confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Ferrari 348 in the Australian market is trading at a median of AUD $149,500, up 12.8% over the past year on a three-sale sample. This modest but consistent appreciation sits within the broader pattern for stable modern classics, supported by high confidence in the underlying data trend.

Liquidity remains thin with only eight sales tracked across the entire dataset and no active listings currently available. This scarcity of transaction volume means both buyers and sellers should expect extended search periods and limited negotiating leverage in either direction.

The 348's collectibility tier reflects its position as a recognisable entry-level Ferrari with modest desirability. Production of 8,844 units across its generation means it sits well above true rarity thresholds, though survivor quality and condition still matter significantly to value.

Cars that have transacted show an average mileage of approximately 21,900 kilometres, suggesting that most surviving examples are being stored and driven sparingly rather than used regularly. This low-mileage profile is typical for vehicles in this category and generally supports valuation stability.

The three-year projection shows a base case appreciation to AUD $202,551, representing 35.5% upside from current levels. Over five years, the base case reaches AUD $223,792, or 49.7% growth, driven primarily by the scarcity of low-mileage examples and steady collector interest in air-cooled and early eight-cylinder Ferrari models.

Current market conditions support a holding position for existing owners, though the thin liquidity and low desirability score mean patience will be required to realise these projections at transaction time.

Depreciation Benchmark

  • Current avg value$149,500
  • Annual appr. rate+12.8%/yr

Vehicle History Signals

  • Auction lots tracked29
  • Damage or salvage declared0 (0.0%)
  • No damage declared29 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$1,220
  • Maintenance$3,050
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$9,140
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months2
  • Sell-Through25%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$133,903
  • Avg Mileage at Sale21,872 km
  • Recent Price Range$89,600 – $175,627
  • Total Sales Tracked8

Recent sales

Showing latest 8
  • $149,500

    Collecting Cars · 11 Oct 2025

  • $165,500

    Collecting Cars · 23 Sept 2025

  • $89,600

    Collecting Cars · 3 Jun 2025

  • $125,500

    Collecting Cars · 13 May 2025

  • $139,500

    Collecting Cars · 17 Mar 2025

  • $175,627

    Collecting Cars · 13 Feb 2025

  • $125,000

    Collecting Cars · 8 Jul 2024

  • $101,000

    Collecting Cars · 17 Apr 2024

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.