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Australia market

Ferrari 348

1989–1995

Add to Garage
  • Lowest price

    $89,600

    Since 2020

  • Median price

    $132,500

    Since 2020 · n=8

  • Highest price

    $175,627

    Since 2020

  • Sold cars

    8

    All time

  • Sell-through

    100%

    Of 8 lots

Ferrari 348

Based on 8 verified auction results

HOLDAppreciatinghigh confidence

$149,500

Market value · recent verified sales

+12.8%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Median sold price up 12.8% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

Collectibility

6/10

Collectible

3-Year Forecast

$202,551

+35%

5-Year Forecast

$223,792

+50%

Market scores

34

Desirability

Thin

30

Liquidity

Good

70

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1991

    $14,036-11%

    14 with · 13 without · high confidence

  • Limited-slip diff

    $7,262-5%

    4 with · 23 without · low confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Ferrari 348 in the Australian market is trading at a median of AUD $149,500, up 12.8 percent over the past twelve months on the strength of three recorded sales. This appreciation signal sits squarely in HOLD territory, reflecting steady but unspectacular momentum in a segment where transaction frequency remains low.

The Australian 348 market shows thin liquidity, with only eight sales tracked across our entire database and zero active listings at present. That scarcity underscores how difficult it can be to find a buyer or seller on short notice, though it also suggests limited supply pressure on prices.

As a stable modern classic with 8,844 units produced globally, the 348 occupies a middle ground in Ferrari's collector hierarchy—common enough to be accessible, yet still a legitimate collectible. Current transacted examples carry an average mileage of approximately 21,900 kilometers, which is quite low and typical for cars in this segment being held as weekend or investment pieces rather than daily drivers.

The three-year base projection sits at AUD $202,551, implying appreciation of 35.5 percent from current levels. Over five years, the model is forecast to reach AUD $223,792, or roughly 50 percent above today's median, assuming stable market conditions and continued scarcity of supply.

Desirability remains low relative to other Ferraris of comparable vintage, which may cap upside in the nearer term but also suggests limited downside risk. The model's modest profile and functional rather than iconic status keep it out of the spotlight that drives stronger appreciation in the marque's V12 flagships or limited-production variants.

Depreciation Benchmark

  • Current avg value$149,500
  • Annual appr. rate+12.8%/yr

Vehicle History Signals

  • Auction lots tracked28
  • Damage or salvage declared0 (0.0%)
  • No damage declared28 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$1,220
  • Maintenance$3,050
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$9,140
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months2
  • Sell-Through25%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$133,903
  • Avg Mileage at Sale21,872 km
  • Recent Price Range$89,600 – $175,627
  • Total Sales Tracked8

Recent sales

Showing latest 8
  • $149,500

    Collecting Cars · 11 Oct 2025

  • $165,500

    Collecting Cars · 23 Sept 2025

  • $89,600

    Collecting Cars · 3 Jun 2025

  • $125,500

    Collecting Cars · 13 May 2025

  • $139,500

    Collecting Cars · 17 Mar 2025

  • $175,627

    Collecting Cars · 13 Feb 2025

  • $125,000

    Collecting Cars · 8 Jul 2024

  • $101,000

    Collecting Cars · 17 Apr 2024

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.