1991 Ferrari 348 Spider | Exotics Group

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Premium Priced $50,590 (30%) above the median of 4 comparable listings

This vehicle is offered by an independent dealer, not by Exotics Group. Price, mileage, equipment and availability come from the dealer and are not guaranteed.

Vehicle history

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At a glance

Year

1991

Mileage

17,850 mi

Exterior

Red

Interior

Tan

Body

Convertible

VIN

ZFFRG36A9M0088073

About this car

The Ferrari 348 TB Berlinetta, introduced in 1989, marked a significant shift for Ferrari as it replaced the iconic 328 series. Produced between 1989 and 1995, approximately 2,894 units of the 348 TB (Transversale Berlinetta) were made, making it a relatively rare model compared to its predecessors. Designed by Pininfarina, it was Ferrari’s first production car with a mid-mounted V8 engine positioned transversely, a layout inspired by Formula 1 technology of the era.

The 348 TB is powered by a 3.4-liter V8 engine, delivering 300 horsepower at 7,200 RPM, with a 0-60 mph time of around 5.6 seconds and a top speed of approximately 171 mph. Its five-speed manual gearbox and lightweight construction appealed to driving enthusiasts. For collectors, the 348 TB holds value due to its transitional role in Ferrari’s lineup before the F355, though it remains less celebrated than later models. Early reliability concerns have been largely addressed in well-maintained examples, and values have stabilized, with prices often ranging between $50,000 and $80,000 USD as of recent market trends. Special editions, like the 1993 Serie Speciale (limited to 100 units for the U.S.), are particularly sought after for their rarity.

Price vs. market

Premium Priced $50,590 (30%) above the median of 4 comparable listings.

Median This car

This car: $219,990
Median asking: $169,400
Comparables: 4 · 1990–1992
Median mileage: 26,983 mi (this car 17,850)

Compared with other active listings of the same model (model years ±2) on Exotics Group. These are dealers' asking prices, not sale prices, and condition, options, mileage and history are not adjusted for.

About the Ferrari 348 Spider

Production: 1993–1995
Est. units built: 1,210
Cylinders: 8
Powertrain: Combustion
Body: Convertible

The Ferrari 348 Spider, introduced in 1993 and produced until 1995, is a notable model in Ferrari's lineup as one of the last mid-engine V8 convertibles before the F355. Approximately 1,090 units of the 348 Spider were built, making it a relatively rare variant compared to the coupe versions (TB and TS), which adds to its appeal among exotic car collectors. It was designed by Pininfarina and featured a targa-style removable roof, offering an open-air driving experience while maintaining the 348's sleek, aggressive styling.

Powered by a 3.4-liter V8 engine, the 348 Spider delivered 312 horsepower in European specification (slightly less in the U.S. due to emissions regulations) and achieved 0-60 mph in around 5.6 seconds with a top speed of approximately 170 mph. Its rarity, combined with being one of the final Ferrari models with pop-up headlights, enhances its collectible status. Values have appreciated in recent years, with well-maintained examples often fetching between $80,000 and $120,000 at auctions, depending on condition and provenance. The Spider variant is particularly sought after for its blend of classic Ferrari design and open-top driving, appealing to enthusiasts of 1990s exotic cars.

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