Equipment
Store brand tires, power windows, air conditioning.
Condition
#3 Good
Runs and drives well. Flaws not noticeable to passersby. Most common condition.
Pretty tired paint with plenty of detail scratching. Lightly cracked seats, and the E-brake handle is scratched up. Crack on the right rear steering wheel cap. No service records offered. A Ferrari with 31,000 miles, even a 348, should be better than this, although even just a thorough detailing would make a big difference.
Market commentary
Mecum Indy last year. "Unrestored original, 3 condition; With Reserve; Hammered Sold at $39,500 plus commission of 10.00%; Final Price $43,450 - Power windows, air conditioning, tan boot cover. - Represented with 30,000 miles. Paint is bright with only moderate swirling. No rock chips or deep scratches. Rubber is good. Top is good. Engine bay looks a bit dirty and neglected with heavy discoloration on the aluminum and light rust on the exhaust. Interior is dirty with stained carpet and small tears in the driver's seat. No representation of service history. A used car and a rough one by Ferrari standards. - The Indy bidders as well as the seller recognized this 348 for what it is and what it isn't, and it sold at a price that reflects both the noticeable wear and the mechanical unknowns. The problem for the new owner is that while he may have gotten a cheap Ferrari for now, it will only take a few services before it's not cheap anymore." It was offered at the Saratoga auction last September [but they don't report results] and the consignor should be more than satisfied with the result here.