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1994 Ferrari 348 Spider

Current Price: $40,598Source 
Auction Ends: Thursday, January 23 at 11:40am PT

This 1994 Ferrari 348 Spider has spent much of its life in California and was acquired in 2016 by the seller, and it now shows 36k miles. Powered by a 3.4-liter DOHC V8 paired with a dogleg five-speed manual transaxle, the car is finished in Grigio Metallic over blue leather upholstery. Features include a blue convertible soft top, a limited-slip differential, 17″ five-spoke alloy wheels, a gated shifter, and power windows. An engine-out timing belt service was completed in January 2022, at which time the cylinder heads were overhauled, and the air-conditioning system was recharged with R134a refrigerant. The car was previously listed on BaT in June 2023, and work since then has included an oil change along with replacing the O2 sensors and exhaust ECUs. This 348 is now offered with a tool kit, a technical manual, partial service records and photos, a Carfax report, and a clean Florida title in the seller’s name.

1994 Ferrari 348 Spider

The 348 was the final V8-powered Ferrari model developed under the direction of Enzo Ferrari, and its design was overseen by Pininfarina chief stylist Leonardo Fioravanti. This example is finished in Grigio Metallic and features a manually retractable blue convertible soft top, pop-up headlights, fog lights, side air intakes, louvered taillights, and quad exhaust tips. An accident resulting in damage to the front of the car is noted in a January 2011 entry on the Carfax report. The seller states that the lower front valance has been refurbished, the rear bumper cover has been repainted, and chips on the rocker panels have been repaired. Flaws include delamination in the lower-right corner of the windshield, a blemish in the convertible top, and a number of paint chips.

1994 Ferrari 348 Spider

Silver-finished 17″ five-spoke alloy wheels are mounted with 215/50 front and 255/40 rear Falken Ziex ZE950 A/S tires. Stopping power is provided by four-wheel anti-lock disc brakes with Ferrari-branded calipers and ventilated rotors.

1994 Ferrari 348 Spider

The cabin features two seats upholstered in blue leather along with a matching dashboard, center console, and door panels. Equipment includes a dogleg-pattern gated shifter, air conditioning, and power windows and door locks. A tear above the center vents was repaired and dye was applied to the seat bolsters within the past two years. The leather has pulled away from the defrost vents.

1994 Ferrari 348 Spider

The leather-wrapped steering wheel frames Veglia Borletti instrumentation including a 200-mph speedometer, a tachometer with a 7,500-rpm redline, and gauges for coolant temperature and oil pressure. Auxiliary gauges for oil temperature and fuel level are mounted in the center stack. The six-digit odometer shows 36k miles, approximately 4k of which have been added by the seller.

1994 Ferrari 348 Spider

The 3.4-liter quad-cam Tipo F119 V8 features Bosch Motronic engine management and was factory rated at 312 horsepower and 229 lb-ft of torque. An engine-out service completed in January 2022 included replacing the timing belt, timing belt pulleys, spark plugs, water pump hoses, and various gaskets and seals, while the cylinder heads were overhauled with three replacement exhaust valves, nine replacement intake valves, and replacement valve guides and seals by T.G.’s Performance Engine Shop in Gardena, California. Additional work performed between late 2021 and early 2022 is said to have included recharging the air-conditioning system with R134a refrigerant, replacing the battery, and flushing the coolant. An oil change was performed in August 2024, while the O2 sensors and exhaust ECUs were replaced in December 2024.

1994 Ferrari 348 Spider

Power is sent to the rear wheels through a five-speed manual transaxle and a limited-slip differential. Work performed between late 2021 and early 2022 is said to have included installing a Hill Engineering cam belt pulley set and replacing the driver-side CV axle boots.

The Carfax report shows the aforementioned January 2011 accident, and it lists history in California and Florida.