Ferrari 348 TB
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Why THIS, Ferrari 348 TB
High Export potential
This Ferrari is positive for an investment in two ways. Being a LHD drive car means they are less desirable in the UK and can be sourced under market value compared to RHD counterparts and also opens it up for export to Europe as well as the US and Australia increasing demand
Having just one Italian owner from new before being imported into the UK in 2015 this example underwent a 'non-intrusive' restoration bringing it to 'one of the best examples to be found in the UK' and an example to be preserved for future generations
Low Production Numbers
After hitting showrooms worldwide in 1989 production of the 348 ceased in in 1994 there were a total of 8,745 units produced. Only 2894 were the 'TB' (Transversal Berlinetta) variant making them quite rare at the time and even rarer now that time has taken its toll on many 348s over the years
Raw and Analogue Driving Thrill
The 348 TB was one of the final 'raw' cars to leave Maranello. Offering a pure and simple driving experience that purists crave and enjoy. In this technological age purists and collectors pine for that raw driving thrill that can only be offered by supercars of this era making them highly desirable
Ferrari 348s have seen an average price increase of 4.6%* year on year between 2019 and 2023 inclusive.
According to data taken from ClassicGT
300 Fractional Shares
Invest into one of the last, old-school Ferraris funding at a value of £99,900 including all fees and divided into just 300 fractional ownership shares
Choose Your Shareholding
Minimum investment of 1 share for £333.00 up to a maximum investment of £9,900 for a 10% shareholding
2% (6 shares) - £1998
5% (15 shares) = £4995
Under The Radar
The 348 wasn't particularly well received after its launch, but things have changed substantially. Instigated by some retrospective reviews by leading automotive journalists. Meaning these cars are finally getting the recognition they deserve and driving values up in turn
*past performance is not a reliable indicator of future returns
The Last V8-Engined Ferrari Developed Under The Legend Himself
The 348 was the final Ferrari to have a V8 engine mounted at its core under the close supervision of Enzo Ferrari himself and crafted by chief Pininfarina stylist Leonardo Fioravanti. The 348 closely resembled Pininfarina's other iconic masterpiece the Ferrari Testarossa. With its deep side strakes along the flanks and a slatted rear-end the car had styling ques from the 80's icon however, the 348 was more curvaceous and better proportioned and underneath was a 3.4litre, quad-cam, dry sump V8 spinning out 296bhp.
Although heir to the 328 GTB the 348 was actually a completely new car. With a fresh new pressed steel monocoque chassis and a longitudinally mounted engine meant it was mounted lower within the chassis. A further development was its transversely mounted five-speed gearbox (Hence the 'T' in the TB) this innovative technology was derived from Ferrari's Formula 1 program. All these developments lead to a lower centre of gravity which benefitted the 348's handling. The 348 may look like a scaled down Testarossa, but with 300 Bhp on tap and a top speed of 171 Mph, it gave little away in terms of performance to its 12-
Such was the demand for this red-hot super car that prospective buyers queued up in droves to get their hands on the latest baby Ferrari.
*data from ClassicGT shows average growth in Ferrari 348s sales at 4.6% YoY between 2019 and 2023 inclusive
Past performance is not a reliable indicator of future returns
A Phoenix from the ashes
In the late 70's Ferrari had established itself as the dominant force of mid-engined V8s and front-mounted V12s and had a winning streak of building winning cars no matter the cylinder count however when the 348 first launched Ferrari found itself under fire for the first time.
The attack came from an unlikely rival from the far east. Honda. Launching just before the Japanese manufacturers first super car, the NSX. The 348 was criticised at the time for being a bit of a dinosaur in comparison to the more technologically advanced NSX.
But people seem to forget it was that very characteristic of the 348 that made it so great. It was one of the final raw, and truly analogue cars to leave Maranello. Its lack of digital aids and unassisted steering provided drivers with an elemental driving experience.
In an age where supercars are loaded with digital aids and creature comforts the 348 is a swan song to the era of when super cars were all about the thrill of the drive and the experience, something that many modern iterations seemed to have forgotten...