Ferrari 348
1989–1995
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
Based on 8 verified auction results
$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 is trading at a median of AUD $149,500 in the Australian market, with a strong 12.8% year-on-year appreciation over the past twelve months. The signal remains Hold, reflecting steady but measured upside in a market where liquidity constraints limit aggressive positioning.
The Australian sample is thin, with only three recorded sales in the past year and eight total tracked transactions, which means individual deals carry outsized influence on median calculations. This thinness also suggests buyers and sellers should expect extended search periods and limited negotiating leverage on either side.
The 348's appeal rests on its classification as a stable modern classic with a production run of 8,844 units, placing it squarely in the accessible entry-point segment of Ferrari ownership. Desirability remains low relative to other Ferraris, which has shielded these cars from the price rallies seen in more coveted models but also limits their upside volatility.
Cars transacted in the market carry an average of 21,872 kilometres, indicating these are driven examples rather than garage queens, and typical owners appear comfortable using their 348s rather than warehousing them. This usage pattern aligns with the model's positioning as an attainable, everyday-capable Ferrari.
The three-year base projection stands at AUD $202,551, representing 35.5% appreciation from current levels, with five-year levels tracking to AUD $223,792 or 49.7% total gain. These projections assume continued steady accumulation of interest among collectors seeking lower-barrier-entry Ferraris and reflect historical supply-and-demand patterns rather than speculative momentum.
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%)
Est. Annual Ownership Costs
- Insurance (agreed value)$1,220
- Maintenance$3,050
- Storage$4,870
- Depreciation— (appreciating)
- Total annual cost$9,140
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
manual
$125,500
Collecting Cars · 13 May 2025
$139,500
Collecting Cars · 17 Mar 2025
$175,627
Collecting Cars · 13 Feb 2025
21,872 km
$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.