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United Kingdom market

Ferrari 348

1989–1995

Add to Garage
  • Lowest price

    £36,500

    Since 2020

  • Median price

    £52,000

    Since 2020 · n=9

  • Highest price

    £165,000

    Since 2020

  • Sold cars

    10

    All time

  • Sell-through

    100%

    Of 10 lots

Ferrari 348

Based on 10 verified auction results

HOLDAppreciatinghigh confidence

£65,500

Market value · recent verified sales

+26.0%

12-month change

Hold or Wait

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

Median sold price up 26.0% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

Collectibility

6/10

Collectible

3-Year Forecast

£117,509

+79%

5-Year Forecast

£143,067

+118%

Market scores

34

Desirability

Thin

30

Liquidity

Excellent

85

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1991

    £5,134-10%

    15 with · 13 without · high confidence

  • Limited-slip diff

    £2,185-4%

    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 has moved to £65,500 across the UK market, up 26 percent year-on-year on a slim three-transaction sample over the past twelve months. The broader dataset of ten total sales tracked shows the model in a clear appreciating phase, though the small transaction count warrants caution in reading too much into short-term volatility.

With 8,844 units produced across the model run, the 348 sits well into common-production territory for Ferraris of its era, limiting scarcity value. It carries a collectibility score of 6 and is classified as a stable modern classic—a positioning that reflects its growing but still modest appeal against earlier or more exotic Ferrari lines.

The cars moving through the market average just over 10,500 miles, suggesting most survivors remain lightly used garage pieces rather than drivers. That low-mileage bias is typical for this generation and underpins its stability as a collectible entry point.

Liquidity remains thin with zero active listings currently recorded and sporadic transaction flow, making this a market where buyers will need patience to find stock and sellers may face extended holding periods. The scarcity of recent sales data limits confidence in month-to-month swings, though the annual direction is consistent.

Base projections model the 348 at £117,500 by 2027 and £143,000 by 2029—growth of 79 and 118 percent respectively from current levels. Those forecasts rest on sustained appreciation in the stable modern classic segment and rising interest in accessible Ferrari ownership as entry-level supercars climb further out of reach.

Depreciation Benchmark

  • Current avg value£65,500
  • Annual appr. rate+26.0%/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)£500
  • Maintenance£1,500
  • Storage£2,400
  • Depreciation— (appreciating)
  • Total annual cost£4,400
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months3
  • Sell-Through30%

Market Snapshot

  • Active Listings0
  • Avg Sale Price£62,789
  • Avg Mileage at Sale10,573 mi
  • Recent Price Range£36,500 – £165,000
  • Total Sales Tracked10

Recent sales

Showing latest 9
  • £65,500

    Collecting Cars · 24 Apr 2026

  • £67,850

    bonhams · 19 Apr 2026

  • £40,000

    Collecting Cars · 1 Oct 2025

  • £52,000

    Collecting Cars · 4 Aug 2025

  • £54,500

    Collecting Cars · 18 Jun 2025

  • £40,000

    Collecting Cars · 29 Nov 2024

  • £165,000

    Collecting Cars · 1 Feb 2024

  • £36,500

    Collecting Cars · 30 Jan 2024

  • £43,750

    Collecting Cars · 8 Oct 2023

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