Vehicle Description
When the 348 debuted in 1990, it arrived at a critical moment for
Ferrari. Since the success of the 308, mid-engine, V8-powered
sports cars were the company's bread-and-butter, and 348 was the
first all-new such model in nearly 20 years. While the outgoing 328
was still much loved and capable, the design was firmly rooted in
the 1970s, and an all-new car was necessary for the increasingly
high-tech future. Pininfarina created a suitably radical new body
design that bore a strong family resemblance to the 512 TR - with
distinct side-strake air intakes, slatted taillight treatment,
trapezoidal fog lamps, and a squat, wide stance. Ferrari's newTipo
F1193.4-liter, four-cam, 32-valve V8 engine made 300 horsepower in
standard trim, 315-hp in later spec. It sat longitudinally in the
chassis, with a transverse 5-speed transaxle behind it. Ferrari
perfected this unique layout in Grand Prix racing, which ensured a
compact drivetrain and centrally located mass for balanced
handling. Side-mounted radiators (another Testarossa-inspired
feature) allowed for a usable front trunk and a comfortable cabin.
The formula made the 348 a fantastic driver's car, and with 170-mph
capability, the 348 gave up very little performance to its
twelve-cylinder big brother. In late 1993, Ferrari ushered-in
numerous mechanical refinements coinciding with the new
full-convertible, the 348 Spider - the first series production
Ferrari convertible since the Daytona Spider. The Spider had a
widened rear track, revised gearing, and the 315 horsepower V8
shared with the GTB and GTS. The additional power came from new
intake manifolds, new exhaust, higher compression, and Bosch
Motronic engine management. This outstanding 348 Spider hails from
1994 and is one 1,090 convertibles built in the short, two-year
production run. It has covered just 28,000 miles and boasts
well-documented history from new. It was initially sold in Los
Gatos, California, and, by 1995, made its way east via the famed
dealer Algar Ferrari of Philadelphia. Accompanying documentation
shows Algar consistently serviced the 348 through the years, and
the current mileage is documented via the service history. It came
into the care of the most recent owner in 2015, who maintained it
in his expansive private collection. Service records show it
received timing belt services at 15,000 miles in 2000, again in
2013 at 24,579 miles. Additionally, Algar Ferrari replaced the
clutch at 24,132 miles. The cosmetic presentation is superb with
excellent originalRosso Corsapaint over natural beige leather trim,
factory-correct "throwing star" wheels, and a black top. It is
refreshingly standard, with no cosmetic or performance mods that
sacrifice originality. The body is straight and crisply detailed,
and a clean Carfax report backs the impeccable condition and low
miles. The exceptional interior is a particular highlight. Original
beige leather is excellent, with only slight wear noted on the
driver's side outer bolster. The leather-trimmed dash, instrument
binnacle, and door panels are all superb, as are details like
switchgear and controls. The only notable deviation from standard
spec is an Alpine AM/FM/CD receiver fitted behind the original
hinged cover. Factory original tools, owner's manuals, tire
inflator, top boot, and storage bag accompany the sale. The 348
represents an outstanding value in the world of mid-engine Ferrari
sports cars, and few have survived the years as beautifully
preserved and unmolested as this collector-quality example. This
outstanding 348 is turn-key and ready to enjoy in a wide range of
events, from Ferrari Club of America shows to weekend tours or
carving your favorite B-roads. Offers welcome and trades considered
For additional details please view this listing directly on our
website https://hymanltd.com/vehicles/7074-1994-ferrari-348-spider/