By the 1980s the mid-engine V-8 powered platform had already proved itself in the Ferrari lineup. This winning mixture had been used since 1975 in the both the 308 and the very similar 328 platforms but by the late 80’s the recycled design was badly in need of a refresh. First introduced at the Frankfurt Auto Show in 1989, the Ferrari 348 was designed from a blank slate and borrowed design cues from its bigger V-12 engined stablemate, the Ferrari Testarossa, such as the aggressive side strakes. The design of the car was overseen by chief stylist Leonardo Fioravanti, who was responsible for the F40 and was the last V8 model developed under the direction of Enzo Ferrari. Initially offered in both a coupe and Targa versions, the 348 was fitted with the 3.4-liter Tipo F119 V8 engine, which featured quad-cams, and four-valves-per-cylinder. Shifting was accomplished solely through a 5-speed gated manual transmission. The 348 would see a slight redesign in 1993 with the introduction of the GTB, GTS, and the new convertible “Spyder” models. Over an almost 7-year production span, Ferrari would produce around 8,844 348 models for export across the world.
The example on offer here, chassis # ZFFFG35A9L0086388 is a 1990 Ferrari 348 TB finished in Grigio Metallic with Grey Leather interior. It is said that this is the only 348 finished in Grigio Metallic imported into the US for 1990 although we cannot officially confirm this. The car currently shows 37,447 miles from new and was repainted once in its lifetime in the factory-correct color. Other than the one repaint this 348 remains in stock and original condition, with the only exception being the addition of Tubi exhaust. The history of the car is well known from new, showing a clean CarFax and 4 total owners, although some names have been omitted in the following outline. This 348 was first owned by the importer for Ferrari in Switzerland and Germany who drove the car under his dealership for the first 4,000 miles on MSO. The first titled owner, who lived in Los Angeles California, purchased the car for $82,000 from Hollywood Sports Cars with 4,000 miles on the odometer. He had a number of normal modifications done such as metal cleats to reinforce the front bumper and installation of a Tube exhaust. He drove the car regularly and had it serviced properly by both Hollywood Sports Cars and Thoroughbred Motorcars. During this first ownership, a recall was done on one of the drive belts, which subsequently led to the heads being rebuilt as well. The car was sold to its second owner in 1996 with 21,500 miles on the odometer, who traded his 1993 Lotus Esprit towards the purchase of the car from Ferrari of Atlanta. The car was sold again at the end of 1999 to Auto Sales Group Inc. in Pompano Beach, Florida. The car was next sold to a Mr. Morehead of Florida with 27,000 miles on the odometer. He was a 50-year SCCA governor for Florida, a true gear head and enthusiast, and would go on to become a very active member of the Ferrari Club of America. Throughout his ownership, Mr. Morehead maintained and cared for the car thoroughly, performing the first major 30k miles service at 28,400 miles and completed by Autocraft. In 2007 with 33,200 on the odometer, another 30k mile service was performed with the addition of a new clutch and throw-out bearing. In 2010 the entire AC system was rebuilt at a cost of over $2,000. The current owner purchased the car in 2017 from The Barn Miami and has only added approximately 1000 miles during their ownership. Since purchasing this 348 in 2017, the current owner has invested over $31,000 into service items, leaving this example free from any excuses and ready to be thoroughly enjoyed. Items attended to under this servicing include a new battery, full fluids change, fuel system sorting, suspension sorting, water pump, and many more items. To see a detailed breakdown of service items please click on the service documents tab located above. As it sits today, this car represents the ideal driver’s car, with cosmetics in nice condition and the mechanical systems having been thoroughly gone through. This 348 would be the perfect car to thoroughly drive and enjoy and could make an excellent first foray into the world of classic Ferraris or, given its interesting colors, a perfect addition to any Ferrari collection.
Included with the sale of this vehicle are books, tools, extra key, and included service documents.
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