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Closed Auction- Unsold

1992 Ferrari 348 TS

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  • Mileage~83,000
  • TransmissionManual
  • Engine3.4L
  • LocationKilbirnie


1992 Ferrari 348 TS

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Colin Bashford
Professional Consigner

The Ferrari 348 was first introduced in 1989, it was available in three variants TB (Berlinetta coupe), TS (Targa) and Spider.

Featuring a 3.4L V8 power unit, it was the last V8 Ferrari to be developed by Enzo Ferrari himself before his death. Overall only ~8,844 348s were ever built between 1989 and 1995. The 348 is a proper analogue supercar, fitted with a 5-speed dog-leg gearbox.

This specific 348 is a TS targa model, in current ownership since 2018. No expense has been spared with this car, it has recently had the gearbox rebuilt, and the car comes with receipts stretching back to when the car was new. Coming to market after ~4 years ownership, with ~83,000 miles on the clock, it's a nice example of the marques mid-engined V8's.

This auction listing was written from information supplied by Colin after meeting Scott the owner, and having visited and photographed the vehicle.

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Secure Auctions

We verify all our sellers and buyers to keep our community safe whilst also providing the highest levels of website security.

Full Transparency

8 out of 10 people that buy cars via our service don’t feel the need to visit due to the transparency and thoroughness of our listings.

Vehicle Delivery

We're there every step of your buying journey and will even arrange pick-up and delivery of your new vehicle.

Meet the owner

What a car, I took it on a pilgrimage back to its home earlier this year; the factory in Modena.

Scott has loved his time with the 348 TS, he told us he was never really a Ferrari guy, until he saw this car. Since owning the 348 he has been a convert to the Cavallino, saying he couldn't imagine not owning a Ferrari. He's kept the car serviced with a local specialist, and most recently had the gearbox rebuilt earlier in the year.

During the summer Scott took the car on a European road trip on the way to the factory in Modena, one of his bucket list items. Since doing this he has decided to put the car to auction. Scott plans to get another, more modern Ferrari. Scott will be happy to answer any questions in the comments below.

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Wedge shaped, pop up headlights, slats in the doors; unmistakably an 80s mid-engined Ferrari.

Wheels and Tyres

The factory 17" star wheels looked in great condition, we did notice some slight chips around the rim on both rear wheels, and some very slight signs of corrosion mainly around the valve area of each wheel.

A full matching set of Michelin Pilot Sport 4 were on the car, fitted this year, 215/50R17 at the front and 255/45R17 on the rear, all looked in good condition with plenty of life left in them. Please have a look at the photos and video below to asses the condition of the wheels and tyres for yourself.


The bodywork looked in great condition, all shut lines looked even. We did notice a small section of bubbling in the paint on the rear nearside wing, just under the middle crease line of the car, it doesn't look to be too serious.

We've highlighted in more detail our observations through our hi-resolution images and videos, so please take time to look through all the media files for a detailed view at what’s on offer, and for you to assess the condition of the car for yourselves.


The "Rosso Corsa" paint looked in great condition, it still looked nice and glossy, we did notice a few marks of the bonnet which have been touched in, the car receiving some paint correction and ceramic coating work in 2019. The front splitter has been slightly peppered with stone chips too, to be expected given the mileage covered.

The images are taken from a few different angles to show off the car as you would see it if you were standing there for yourselves. So please take the time to fully assess these hi-resolution images and videos of the car, for you to make up your own minds about the condition of the paint.

Glass and Trim

The glass around the car looked in good condition, we didn't notice any chips or cracks. The bottom corners of the front windscreen did look a little discoloured though.

All the slats and grilles around the car looked in great condition too. Please view the photos and video below to review the condition of the glass and trim for yourself.


The cream leather seats are a classic Ferrari spec, the chrome gearstick with open gated shifter is the centrepiece on the driver centric cabin.

Seats and Carpets

The cream leather seats looked in great condition for the age and mileage of the car, the main wear we noticed was on the bolsters but it wasn't much.

The red carpets looked in great condition, we didn't notice much staining on them. The removable cream over-mats did have a couple of marks given the colour, but again nothing major. Please take a look at the photos and video below to decide on the condition of the seats and carpets for yourself.


Everything the driver needs to know is displayed in front of them on a very driver centric dashboard, the black backed dials with orange markers just look the part on a classic Ferrari like this. The radio is hidden behind a door at the top of the dash. The dashboard looked in good condition too.

Steering Wheel / Gear Stick

The simple but effective 3-pronged steering wheel showed hardly any wear at all around the rim.

The chrome gearstick also looked in great condition, the star of the show, it looks great. Please take a look at the photos and video below to check the condition of the steering wheel and gear stick for yourself.


The 3.4L V8 gives a deep howl to let you know it means business.

Engine and Gearbox

The V8 fired up first time with no issues, it sounded great with the decat on the Ferrari sports exhaust. On our short drive with Scott the engine pulled well and sounded great, it has a distinct bark.

The 5-speed dog-leg gearbox performed well too, as with Ferrari's of this era, Scott told us 2nd gear is tricky to engage when stone cold, but once up to temperature it's fine. On our drive it was going into gears without issue, just as you'd expect given it was rebuilt earlier in the year.

Please take a look at the video below to see for yourself the performance of the engine and gearbox.

Suspension and Brakes

The suspension felt good on the road, very compliant for the type of car. We didn't notice any unusual noises coming from the suspension either.

The brakes felt good, we didn't give it a proper test but Scott told us they are very good brakes, especially for the age of the car. Please take a look at the on the road video below to see how the suspension and brakes performed.

The Drive

As mentioned above, our drive with Scott showed the car was running well. The engine and gearbox were running well as expected. The suspension and brakes were also behaving as you'd expect with a smooth ride.

Electrics and Other

All lights were working, so were windows. We didn't test out the radio but Scott assured us it was working, a period correct item fitted last year. This year, Scott has had the AC re-gassed, on top of having a new condenser fitted too.

History and Paperwork

Coming to market from ~4 year ownership, this 348 TS in the classic combination of Rosso Corsa over cream has covered ~83,000 miles.

As you can see from the amount of receipts this 348 TS has been well looked after, it has also been enjoyed like it was originally built for. As mentioned above Scott had the gearbox rebuilt earlier this year, it has also had a few major services in his time in ownership as documented. The car has had annual servicing in the current ownership, and had a major belts service in December 2019 too. In 2019, it also had a new oil cooler and water pump fitted, and more recently Scott has had period correct stereo and new speakers fitted in 2021.

The private plate pictures is included in the sale.

We’ve done all our usual seller checks including photo ID, V5 and also actioned a HPi check on the vehicle.

We've summarised our own view on the car based on information gained from the seller in the listing above, however, and as you can see, we go to great lengths to photograph and video the car in hi-resolution detail - this has been done for you to make your own assessment from the comfort of your sofa. So please sit back, have a cuppa and take your time to review everything on this listing in order to make your own assessment on the vehicle's condition. Viewings are also welcomed with all our listings, so please get in touch with us to arrange a suitable time - we just need to speak to you first and receive a valid photo ID before confirming.

If there's anything you're unsure about, no matter how small, then please first ask the owner in the comments area below before placing your bid/s, as bids can't be retracted and form a binding contract if you win the car - just like a traditional auction house.

Service History
Date Type Mileage
24.05.2022 Gearbox Rebuild 79,219
20.12.2021 Service & MOT 78,732
07.12.2020 Service & MOT 76,668
13.12.2019 Major Service & MOT 74,376
22.03.2018 MOT 70,573
01.04.2017 MOT 70,384
12.11.2016 Major Service 70,310
24.05.2016 Service 70,236
04.09.2015 MOT 69,611
01.12.2014 Service 69,322
15.08.2014 MOT 68,583
06.03.2014 Cam Belt Changed 64,558
14.08.2013 MOT 63,853
06.06.2013 Service 62,609
22.08.2012 MOT 60,728
27.07.2012 Service 59,476
26.08.2011 MOT 59,025
30.03.2011 Service 57,728
01.09.2010 Cam Belt Changed 56,568
29.06.2010 MOT 54,285
08.04.2010 Service 52,353
04.06.2009 MOT 49,392
02.06.2008 MOT 45,108
Cam Belt Replaced 42,117
11.05.2009 MOT 40,332
08.03.2007 Service 39,213
26.04.2006 Service 34,991
04.02.2005 MOT 30,479
02.08.2004 Service 30,179
17.10.2003 MOT 29,639
15.04.2003 Service 28,708
15.10.2002 MOT 28,551
20.12.2001 Service 28,074
24.07.2001 MOT 26,999
21.03.2001 Service 24,758
08.06.2000 MOT 22,938
01.06.2000 Service 22,936
08.11.1999 Service 22,361
29.06.1999 MOT 21,602
18.05.1999 Service 21,599
18.11.1998 Service 21,007
18.05.1998 Service 19,465
21.05.1997 Service 18,216
06.07.1996 Service 17,631
14.05.1995 Service 16,347
11.12.1994 Service 15,755
08.09.1992 Service 4,134
Key Details
  • Model348 TS
  • TransmissionManual
  • Reg. Date14.02.1992
  • CC3,405
  • Mileage~83,000
  • HistoryYes lots
  • ColourRosso Corsa
  • Interior ColourCream
  • Interior TrimLeather
  • Chassis #ZFFKA36C000089936
  • Engine #27059
  • RestoredNo
  • MOTYes Valid Until 19.12.2022
  • Former Keepers9
  • Tyre BrandMichelin
  • # of Keys2
  • VisitedYes
  • Sale TypePrivate
  • Owned~4 Years
  • Key FeatureDriver's car, gated manual
  • Auction ID1029