Ferrari 348

The Ferrari 348 has stabilized around a median of $88,601 in the US market, up 3.1% year-over-year, signaling a modest holding pattern after earlier volatility. With only five transactions tracked over the past twelve months, price discovery remains limited but the upward trend suggests underlying support at current levels.

Production of 8,844 units across the model run places the 348 firmly in the modern classic tier rather than rare-air collectible territory. The car's low desirability score reflects this positioning—it remains overshadowed by its 355 successor and earlier Testarossa, and ownership interest remains diffuse among the broader enthusiast base.

Transacted examples average 26,333 miles, typical for cars now thirty-plus years old with moderate use patterns. Condition variance likely explains much of the price scatter at this volume level, with well-maintained examples commanding premiums over tired examples.

Liquidity is thin, with only eleven total sales in our tracking database and zero active listings currently listed. This illiquidity cuts both ways: casual sellers face uncertain timelines, while motivated buyers occasionally find value simply by waiting for motivated supply.

The base projection holds the 348 flat through both the three- and five-year windows at $88,601. Without fresh collector momentum or scarcity-driven tailwinds, the model faces headwinds from age, modest performance by modern standards, and the market's continued preference for earlier Ferraris or later, more advanced variants.