348 value question

348 value question

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robin993

Original Poster:

102 posts

130 months

Wednesday 27th August 2014
quotequote all
Hi all.
i have been offered a 348TB as a part exchange on a porsche that i am selling. my question is about the value of the car.
The good; It is well maintained and has had £7500 of engine and gearbox work done recently. Red with cream leather.
The bad; 80,000 miles, described as stone chipped and could do with paint.

It would be my first Ferrari after decades of air cooled porsches. I have my eyes open and think that i understand what i am doing, i will get a pre purchase inspection done, but i just cant decide on the value of the car if all of the rest stacks up? I have not seen the car yet, but want to see if there is a deal before proceeding with travelling and paying for an inspection.
I have looked and can't seem to find any up to date info.


Please go gently

robin993

Original Poster:

102 posts

130 months

Wednesday 27th August 2014
quotequote all
Thanks for your replies. I am waiting for full details on the 348. looking in the normal places £32,000 seems to get a much lower mileage 348 with good paint and history. So if you knock £5k for mileage and £3k for paint... to be honest i will wait and see what the other party suggests. If i sold the 993 i would probably go for a 997 turbo, (faster, strong and with modern comforts) and wouldn't consider a 348, but i would like to have the Ferrari experience so if it is a good deal i may do it.
i was unsure of how significant the 80,000 miles is to the price? i recently sold a 964 3.6 turbo with higher than normal mileage and it dropped the value by quite a lot. i have always understood that ferraris are super sensitive to mileage with respect to value?