Advertising:
1994 Ferrari 348 Spider With 10838 Original Miles. on 2040-cars
US $49,000.00
Year:1994
Mileage:10838
Color:
Location:
Queen Anne, Maryland, United States
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Hello and thank you for looking at my Ferrari. I want
to provide you with as much information about this vehicle as possible. If
there is anything that you would like to know that is not listed here, please
let me know, and I will respond to your questions.
I am the third owner of this vehicle. The first was from Connecticut and purchased the car from Miller Motorcars in Greenwich Connecticut. It was purchased on August 26, of 1993. He traded it in to the same dealer at the end of 2001. It was then purchased by the second owner, a fellow from Annapolis, MD, at the end February of 2002. At the time of transfer, the vehicle had 4,339 miles on it. I purchased it from the second owner in 2010, at which time the vehicle had just over 8200 miles on it. The car has always been stored inside. It has been serviced at 2 Ferrari dealerships, Miller Motorcars in Greenwich Connecticut, Ferrari of Washington, and by Competizione in Gaithersburg, MD. I had Competizione do a pre-purchase inspection and subsequent major service. I have all service records for the car. The last major was extensive. The major items were timing belt, Hill bearings, OEM water pump, Tubi Evo stainless exhaust, Hyper-flow catalytic converters, silicon hose set, new tires all around, and much more. The major service is paper and photo documented. The front air dam was pulled and repainted due to some scraps. Skid plates were added. During this time all the plastic interior parts where removed and refinished by Sticky-No-More. All total more than $20K was invested. Since this work, the car has been driven about 2,000 miles. This car needs nothing and is near museum quality. It has a few after market items, such as a steering wheel
that can easily be return to stock, I have the original parts. The steering wheel was changed and a hub
extension added to make the car more suitable to its current, quite tall,
driver.
Tires are new and there is no curb rash on any of the rims, period! Condition is subjective and of opinion. Please feel free to
inspect the photos and come and see the car yourself. That said I am in no hurry to sell it. I'm not leaving for a while (still preparing the boat). This is probable the best example of a 348 you will find. I believe this car will only grow in value over the years. Yes, you can find cheaper ones, but to get one in this condition and with such low miles is difficult. You get what you pay for and I think this car is fairly priced. Please don't waist my time with low ball offers, and please no tire kickers looking for a joy ride. Again to repeat, this car is clean, clean, clean. The engine bay is beautiful. It still has the insulation in place on the under side of rear deck engine hatch. Often on 348s it is missing or falling apart. The interior is a 10 and the leather is gorgeous, including the driver seat. That's hard to find. Of all the 348s, the 1994/95 Spiders are the ones to own. If you are considering the 348, you need to see this one. Yes you can find cheaper, and and then spend twenty grand getting it up to the standard of this car, but then you'd most likely still have a car with more miles. This car, with such low miles, can be bought, enjoy for some years, and you'd still have a high value low mileage car to sell.
All parts removed from the car, such as exhaust, cats,
steering wheel and such, should you wish to return the car to fully stock. The following is some general information for those not familiar with the 348 -From the my348 website - "You've got to drive this car! The Ferrari 348 Spider elicits waves, honks, stares, and constant calls from nearby motorists and pedestrians alike. Ordinary drivers morph into paparazzi, turning their digital cameras and video recorders on to film your every move as you drive by with the top down." The Ferrari 348 is a mid-engine, rear wheel drive, V8-powered 2-seat sports car. It replaced the 328 in 1989 and was produced through 1995. More than 8,000 348s were produced and sold worldwide. Only 556 Spiders were imported to the U.S. The car's straked side air intakes give it a Testarossa look (because of this it is sometimes considered a kid brother to the Testarossa). The 348 features a naturally aspirated 3.4 liter version of the quad-cam, 4-valve per cylinder V8 engine which was originally found in the 288 GTO supercar. In the early models the engine produced 300 hp (224 kW). It sits longitudinally with a transverse gearbox, like the Mondial T with which the 348 shares many components. This was a major switch for Ferrari, with most previous small Ferraris using a transverse engine with longitudinal transmission All 348s were shipped with dual-computer, double-redundant Anti-Lock Braking systems. All 348s were shipped with on-board self-diagnosing Air Conditioning and heating systems. U.S. 348s have functioning on-board OBDI engine management systems. Similar to the Testarossa but departing from the BB 512 and 308/328, the oil and coolant radiators were relocated from the nose to the sides, widening the waist of the car substantially, but making the cabin much easier to cool, since hoses routing warm water no longer ran underneath the cabin as in the older front-radiator cars. All Ferrari 348s use racing "dry-sump" oil systems to prevent oil starvation at high speeds and in hard corners. The oil level can only be checked (accurately) on the dip-stick when the motor is running due to this setup. Likewise, all 348s have independent, corner-adjustable ride/height/weight adjustment abilities built into each suspension, as well as a removable rear sub-frame to speed up the removal of the engine for maintenance. The Spider version came out in 1993. The 348s had many improvements from 1993 onward, featuring subtle styling changes and more power, this time producing 312 bhp (U.S) and 320 hp (Euro) from the same 3.4 liter engine (different exhaust). The lower body was now body-colored instead of black and the rear track was one inch wider due to the addition of spacers. The suspension geometry was revised which greatly enhanced its super-car-level handling, ride, and body control. The alternator was upgraded and the battery moved to a better location to improve balance. I believe the 348 Spider hits the sweet spot in the Ferrari line up. It has pretty much bottomed out in its deprecation curve, and has begun to appreciate. As with all Ferraris, condition, good maintenance records, mileage, and a well documented history make all the difference in price. 348 Spider -
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Auto blog
F1's Raikkonen to race for Sauber as Leclerc brings youth to Ferrari
Tue, Sep 11 2018Kimi Raikkonen will not be going out of Formula One at the top, or even with a top team. The announcement on Tuesday that the 2007 world champion is leaving Ferrari, the sport's oldest, most glamorous and successful team, at the end of the season was only to be expected. Less so was the subsequent revelation that the 38-year-old "Iceman" had agreed a two-year deal to continue with Ferrari-powered Sauber in a swap with that team's Monegasque rookie Charles Leclerc. That will close a circle at least, the Swiss team being the ones who gave Raikkonen his debut in 2001 despite the powers-that-be fearing he was too inexperienced. And it will keep the Finn racing on into his 40s. It will also please Formula One's owners, already facing the retirement of double world champion Fernando Alonso, by keeping one of the best known and most popular drivers on the starting grid. But the days when Raikkonen could hope for poles and wins, already scarce even at Ferrari where Sebastian Vettel is the main contender and team orders have been applied, are surely over now. Sauber was last in 2017 and is ninth of 10 teams now, even if the signs are more encouraging than they were, and there is a likelihood that Raikkonen will now be simply making up the numbers. The Finn will still relish racing with less media attention and more freedom, while for Ferrari there are also clear benefits. For the first time in four years, they now have a new benchmark for four-time champion Vettel and a (very) young driver who represents the future rather than the past. Vettel has outperformed Raikkonen consistently since the pairing started in 2015 with the German's move from Red Bull, and the Finn is already 62 points adrift this season with seven races remaining. Raikkonen has been more competitive this year, taking nine podium finishes and pole at Ferrari's home Italian Grand Prix with Formula One's fastest ever lap, but there are those who question whether Vettel is being pushed hard enough. Some even wonder just how quick the German really is. Ferrari will hope that 20-year-old Leclerc, unless told to adopt a subservient role, can apply a bit more pressure and help answer those questions. The gamble is that the youngster's relative inexperience could impact, in the short-term at least, Ferrari's constructors' championship hopes as he finds his way under considerable scrutiny.
Gooding's Pebble Beach auction tops $128 million in sales
Wed, Aug 19 2015While the million-dollar cars are now packed up for Monterey Car Week, the auction results keeping rolling in. Gooding & Co. set a two-day company record by moving over $128 million in beautiful classics during the event. Of the 115 lots that sold, three brought over $10 million, and 26 more went for over a million. In a surprise to no one, a Ferrari led the way when a 1961 250 GT SWB California Spider sold for $16.83 million. That was a new single-lot record for the auction house. In a close second place, a 250 GT SWB Berlinetta Speciale previously owned by famed auto designer Nuccio Bertone went for $16.5 million. Rounding out the top three, a 1982 Porsche 956 that won Le Mans in 1983 cleared $10.12 million. Porsche also grabbed fourth place with a 1960 RS60 going for $5.4 million, and rounding out the top five was a 1957 Ferrari 410 Superamerica Series II Coupe for $5.1 million. Check out the gallery above for a look at many of the beautiful vehicles in the sale. While the press release below lists the top sellers, you can check out the prices and info for all of the lots on Gooding's website, here. Gooding & Company's Two-Day Pebble Beach Auctions Realizes More Than $128 Million 3 cars sell above $10 million, 26 cars above $1 million New auction records broken for Ferrari and Porsche Pebble Beach, Calif. (August 17, 2015) – Gooding & Company, the official auction house of Pebble Beach Concours d'Elegance®, realized more than $128 million at its Pebble Beach Auctions this weekend, resulting in a two-day sales company record. During the two-day sale, the auction house sold 115 of 129 lots, an 89% sale rate and their highest ever average price of $1,113,896 per car. During the auction weekend, an impressive 26 cars sold over the $1 million mark including three vehicles over $10 million. World records were broken as new market standards were set for Ferrari and Porsche, including a 1961 Ferrari 250 GT SWB California Spider (sold for $16,830,000), 1962 Ferrari 250 GT SWB Berlinetta Speciale (sold for $16,500,000), Le Mans-winning 1982 Porsche 956 (sold for $10,120,000), 1960 Porsche RS60 (sold for $5,400,000), 1957 Ferrari 410 Superamerica Series II Coupe (sold for $5,087,500), and a 1988 Porsche 959 Komfort (sold for $1,732,500). David Gooding, President of Gooding & Company: "New bench marks were set and our company hit a new record for highest two-day sale.
Seeing Red: 70 Years of Ferrari at the Petersen Museum
Mon, May 15 2017When the Petersen Automotive Museum completed its extensive 14-month renovation and reopened its doors in December of 2015, automotive enthusiasts were treated to a refreshed 95,000 square feet of exhibit space boasting 25 separate galleries. At the time of opening our favorite of those was the Precious Metal exhibit in the Bruce Meyer Family Gallery, featuring some of the world's most desirable cars all painted in silver. While we're sad the Precious Metal exhibit is no more, the gallery is now filled with something perhaps even better - an exhibit celebrating the 70th anniversary of Ferrari called "Seeing Red". The theme of a single color has been maintained (red, of course), and the gallery features eleven of the most significant road and race cars built by the Prancing Horse in the last seven decades. Leading the herd is a stunning 1963 Ferrari 250 GTO, one of just 39 built and widely considered to be one of if not the most desirable collector car in the world. The last one that sold at auction brought a record $38 million. Following up the 250 GTO is an achingly gorgeous 1958 250 Testa Rossa and then a 1965 250 LM that won Le Mans outright in 1965. A Mille Miglia winner, a 1949 166 MM Barchetta, is also on display. Perhaps the most historically significant car in the collection, however, is a 1947 Ferrari 125 S. Although this particular vehicle's history is difficult to trace, with many early race cars being wrecked, cut up, or combined with other cars, many believe this example, chassis 010I, to be the very first car to carry the Ferrari badge. Not surprisingly, the 125 S was a successful race car, winning six of the thirteen races in which it competed. The rest of the gallery is a celebration of belle macchine, which includes a 1955 Ferrari 857 Sport, a 1958 Ferrari 250 GT California Spyder SWB, Michael Schumacher's 2006 Ferrari 248 F1, a 1976 Ferrari 312 T2 driven by Niki Lauda to victory at the Monaco Grand Prix, and a 2014 Ferrari LaFerrari. "We're so thrilled to bring some of the world's most beautiful Ferraris to the Petersen," said Bruce Meyer, founding chairman of the Petersen's Board of Directors. "Seeing that Rosso Corsa paint and the beautiful curves of the body work is always enough to make your heart skip a beat.