At a glance
About this car
The 1994 Ferrari 348 Spyder is finished in red with a tan interior. It is equipped with a manual transmission.
The car has accumulated 40,140 miles.
Price vs. market
Strong Value $39,000 (28%) below the median of 3 comparable listings.
- This car
- $99,900
- Median asking
- $138,900
- Comparables
- 3 · 1992–1994
- Median mileage
- 19,391 mi (this car 40,140)
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.
Price history
From the Journal
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