Worldwide Auctioneers
  1. 1995 Ferrari 348 Spider

  2. 1995 Ferrari 348 Spider

  3. 1995 Ferrari 348 Spider

  4. 1995 Ferrari 348 Spider

  5. 1995 Ferrari 348 Spider

  6. 1995 Ferrari 348 Spider

  7. 1995 Ferrari 348 Spider

  8. 1995 Ferrari 348 Spider

  9. 1995 Ferrari 348 Spider

  10. 1995 Ferrari 348 Spider

  11. 1995 Ferrari 348 Spider

  12. 1995 Ferrari 348 Spider

  13. 1995 Ferrari 348 Spider

  14. 1995 Ferrari 348 Spider

  15. 1995 Ferrari 348 Spider

  16. 1995 Ferrari 348 Spider

  17. 1995 Ferrari 348 Spider

  18. 1995 Ferrari 348 Spider

Lot Number

1995 Ferrari 348 Spider
2017 The Texas Classic Auction

ESTIMATE: $75,000 - $90,000
• The most-refined 348 from the final model year
• Ferrari’s first two-seat Spider since the ‘Daytona’
• Beautifully presented in striking colors
• Just 18,000 original miles; recent belt service
• Offered with books, tools, records, and clean history

3,405 cc DOHC 32-valve V-8 engine, Bosch Motronic port fuel injection, 300 BHP at 7,000 RPM, five-speed manual gearbox in rear transaxle, four-wheel independent suspension with double wishbones, coil springs, and anti-roll bars, four-wheel hydraulic ventilated disc brakes with ABS; wheelbase: 96.5"

Introduced at Frankfurt in September 1989, Ferrari’s new Pininfarina-designed 348 was a bold departure from all Ferrari road cars before it. With the 348, Ferrari’s traditional tubular chassis design was succeeded by a rigid steel monocoque main structure with aluminum and plastic body panels mated to a tubular steel rear subframe containing a longitudinal mid-mounted V-8 engine, transverse gearbox, and suspension pickups. The dramatic 12-cylinder Testarossa, another Pininfarina design, heavily influenced the 348’s styling, with both cars sharing the now-iconic bodyside strakes and horizontal rear treatment. Nonetheless, continuity with the earlier 308 and 328 lines was maintained on the 348 with its sloped nose, retractable headlamps, and rear sail panels.

Ferrari’s powerful 32-valve DOHC V-8 engine, shared with the 2+2 Mondial, was enlarged to 3,405 cc and initially produced 300 horsepower, thanks in part to a compression increase. A race-bred dry-sump oiling system kept the 348’s V-8 lubricated under all driving conditions and power was transferred to the road by a twin-plate clutch and five-speed gearbox controlled by Ferrari’s signature gated shifter design. Driving dynamics benefited from Ferrari’s proven fully-independent suspension design with revised geometry, as well as the low center of gravity provided by the powerful V-8 engine’s low placement within the chassis. Braking was sharpened with the addition of much enlarged disc brakes with ABS. As described in a recent edition of UK magazine Classic & Sports Car, the 348 delivers an outstanding drive as “…the last Ferrari to have non-assisted steering and it’s a delight. It feels light yet perfectly weighted, and transmits every nuance of the road surface to your hands.” Performance of the 348 was – and remains – excellent, with acceleration from rest to 60 mph requiring just 5.6 seconds and top-speed potential reaching 170 mph.

The 348 was initially available in “tb” Berlinetta and “ts” Targa form, and a full-convertible 348 Spider debuted in 1994, with production continuing through mid-1995 when the F355 debuted. According to Ferrari experts, as few as 1,090 348 Spiders were produced in all, including just 556 imported to the United States. Finished in spectacular black paint over tan Connolly leather upholstery, this 1995 Ferrari 348 Spider is numbered 98938. Sold new by Ferrari of Los Gatos, it remained in California’s mid-coast area until 2013, when it relocated to Salt Lake City, Utah. Importantly, the Spider's history is confirmed by clean Carfax and AutoCheck reports plus records confirming the 348's 15k and 30k major services were performed in August 2009 at 14,220 miles and most recently during August 2015 at 17,297 miles. Additional maintenance performed during 2016-2017 includes replacement of the battery and air-conditioning vent actuator, plus installation of new Pirelli P-Zero ‘Direzionale’ high-performance tires mounted on upgraded 18-inch Speedline lightweight Magnesium wheels.

With only 18,050 original miles at the time of writing, this outstanding Ferrari is exceedingly handsome in presentation with all original upholstery and beautiful factory-applied paint with the sole exception of the front bumper, which was repainted and covered with clear protective film. In addition to its classic gated shift mechanism, this 348 Spider also features Alpine audio with a wireless remote-control unit. As expected, passenger amenities are plentiful, including power windows and air conditioning. As offered, this final-year 348 Spider is wonderfully complete with its original window sticker, all books and manuals contained inside the proper leather folio, a leather-bound tool case, and convertible top boot cover. Additionally, the Ferrari’s document binder contains service receipts accumulated over the past 17 years, along with the clean Carfax and AutoCheck reports mentioned above. Factory tags show the Spider’s factory Assembly Number (16176) and factory-original BASF Glasurit (Nero Fer 1240) exterior paint code. Widely regarded as the link between the historic Enzo Ferrari-era models and his company’s modern counterparts, this very well-presented, low-mileage 1995 Ferrari 348 Spider marks a terrific opportunity for smart collectors and enthusiasts as one of the rarest and most desirable of Ferrari’s modern V-8 road models and Ferrari’s first open two-seat model since the early 1970s.

1995 Ferrari 348 Spider
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