At a glance
About this car
The 1992 Ferrari 348 TS delivers timeless Italian grand touring in Rosso Corsa over a Saddle Connolly leather interior. With only 36,520 miles recorded, this example remains fully factory with no paintwork and all original surfaces preserved in excellent condition.
Power comes from a 3.4L naturally aspirated V8 paired with a 5-speed manual transmission and rear-wheel drive. The removable top allows open-air driving while retaining the classic targa structure and driving dynamics of the 348 platform.
Price vs. market
Strong Value $61,000 (31%) below the median of 7 comparable listings.
- This car
- $138,900
- Median asking
- $199,900
- Comparables
- 7 · 1990–1994
- Median mileage
- 17,850 mi (this car 36,520)
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.
Factory color
Rosso Corsa
Rosso Corsa, which translates to "racing red" in Italian, is a vibrant and iconic shade of red that is synonymous with Ferrari. This classic hue exudes power, passion, and sophistication, making it the perfect choice for showcasing the sleek and aerodynamic design of a Ferrari supercar. The deep, rich tone of Rosso Corsa is often associated with speed and performance, mirroring the adrenaline-pumping experience of driving a Ferrari at high speeds. Whether on the track or cruising down the open road, a Ferrari finished in Rosso Corsa is sure to turn heads and leave a lasting impression.
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.
Price history
From the Journal
Oct 19, 2026
Ferrari's Last Naturally Aspirated V8 Special Series: 2026 Market Report on the Challenge Stradale, 430 Scuderia and 458 Speciale
A data-driven 2026 market report on Ferrari's naturally aspirated V8 special series (360 Challenge Stradale, 430 Scuderia/16M, 458...
Nov 3, 2026
First-Time Supercar Buyer, Part 1: The Market Landscape for First-Time Buyers
Part 1 of First-Time Supercar Buyer: what an entry-level exotic costs in 2026, with current Exotics Group asking prices, Bring a Trailer...
Aug 26, 2026
exoticsgroup.com