Description
Ferrari 348 TS | 1992
Highlights:
– Verified low mileage: only 25,000 km
– Classic Rosso Corsa paint and removable Targa roof
– Unmodified, matching-numbers example with original engine
– Always stored in a dry, climate-controlled garage
– Maintained exclusively with original Ferrari parts and fluids
The seller offers for sale a 1992 Ferrari 348 TS, a Targa-roofed two-seater coupe fitted with a 3.4-litre naturally aspirated V8 engine and a 5-speed gated manual transmission. This particular car was first registered in Italy in 2001 but dates from the early 1990s, confirmed by the factory documentation. With only 25,000 kilometres on the odometer (documented) this Ferrari has seen limited, careful use. The vehicle has always been kept in a dry, climate-controlled garage and used only in fair weather conditions.
The 348 TS retains its original mechanical configuration and has never been modified. Maintenance has been carried out as per schedule, exclusively using original Ferrari parts and fluids. The chassis and drivetrain are untouched, and the car is fitted with its original F119 engine. Service records are available for inspection, including the original Italian registration documents and technical specs.
Painted in the iconic Rosso Corsa, the bodywork reflects Ferrari’s early ’90s design language, with sharp side strakes reminiscent of the Testarossa. The paintwork is in good condition, with a deep shine and minimal cosmetic imperfections. The body panels are well-aligned. The removable Targa roof is free from warping or fading, and fits securely. The 17-inch 5-spoke alloy wheels remain unscuffed and wear tyres in the correct specification.
The interior features tan leather seats with light, even patina consistent with the car’s limited use. The dashboard, door panels, and centre console are clean and intact, and switches and gauges function correctly. The original carpet and steering wheel remain in good condition. The gated shifter operates smoothly and offers a highly tactile, mechanical feel that typifies the Ferrari driving experience of this era.
Mechanically, the car performs well. Electronics, lights, and indicators are in working order. The car has passed a recent Italian technical inspection.
The Ferrari 348 TS, introduced in 1989, marked a shift in Ferrari design with its longitudinally mounted engine and rear-mounted gearbox, a layout that mirrored the technology used in Formula 1. It was the successor to the 328 and helped bridge the gap to the later F355. The “TS” variant, or Targa Spider, offered open-air motoring with the convenience of a removable roof panel.
Critically, the 348 was the first mid-engine Ferrari developed after founder Enzo Ferrari’s death, and as such, it held symbolic importance for the brand. It combined the sharp styling cues of the 1980s—like straked side intakes and angular bodywork—with new advances in performance and drivability. Its 3.4-litre V8 produced around 300 horsepower and revved freely to over 7,000 rpm, delivering its power through a visceral gated shifter to the rear wheels.
The car was built with a steel monocoque chassis and included technologies such as ABS and power-assisted steering, which made it more approachable than previous models. Though initial reviews in the 1990s were mixed due to evolving competition, the 348 has since been reevaluated as a purist’s Ferrari—free from electronic driver aids and with a raw, analogue character. As the last Ferrari to use the traditional transverse-gated shifter and mechanical throttle linkage, it remains a favourite among enthusiasts seeking a more connected driving experience.
Condition of the Bodywork and Paint
4. Very Good: Small dents or scratches; may require minimal bodywork or paint correction.
Condition of the Interior
4. Very Good: Clean with minimal wear; may need minor replacements for small missing or broken parts.
Technical Condition
4. Very Good: Mechanically solid, with possible minor maintenance required.
Overall Condition
4. Very Good Condition: Shows only minimal wear and is ready to drive at any time.
This item is sold on an as-is basis. The condition of this item is the opinion of the seller and may differ from your own opinion. Photos and descriptions of the listing are for information purposes only.
We encourage all potential bidders to inspect the vehicle before placing a bid. Please contact us by phone or email to schedule an appointment.
All auction cars offered have a reserve price. You have only won the item if the seller accepts your bid.
Price changes and errors reserved. The 14-day right of withdrawal does not apply to this auction.
This car is currently located in Piedmont region, Italy.
This car drives, brakes and shifts.
The car has an Italian registration. The buyer is responsible for registration in his own country and responsible for delivery and collection of any vehicle purchased at the auction.
The description of this car is, to the best of the seller’s knowledge, accurate and not misleading. Route 66 Auctions requests a range of detail about the car from the seller and performs a level of due diligence. However, potential buyers must independently satisfy themselves as to the accuracy of the description. We strongly advise potential buyers to view or arrange inspections as well as conduct any research they feel is necessary before committing to bid or buy.
Please note that it is not uncommon for classic or collectible cars to have received cosmetic repairs in the past, to rectify damage or refresh appearance, and this work may be hard to see even upon visual inspection. Unless there is an explicit statement by the seller to the contrary, please assume that any vehicle could have had bodywork or paintwork. Photographs may not reflect the exact true colour or exact full condition of the vehicle. It is a bidder’s responsibility to assure themselves of the colour and condition of a vehicle, including its interior and the existence of any remedial bodywork or paintwork, before committing to bid or buy.
