1994 Ferrari 348 GTS

VIN: ZFFRG43A2R0098543

$43,450

Sold

1994 Ferrari 348 GTS
1994 Ferrari 348 GTS

Seller details

  • Auction

    Mecum Auctions

  • Location

    Indianapolis, IN; US

  • Event date

    May 16 - May 20, 2017

  • Lot

    F275

Vehicle specs

  • Chassis/VIN

    ZFFRG43A2R0098543

  • Body style

    Spider

  • Odometer

    30000 m

  • Transmission type

    Standard

  • Horsepower

    310

  • Induction

    FI

  • Interior Color

    Tan Leather.

  • Exterior Color

    Red

  • Generation

    1989-1995 Ferrari 348

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Power windows, air conditioning, tan boot cover.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

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.

Market commentary

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.

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