Sold $64,000
1990 · Rosso Corsa · 38,000 mi
Oct 22, 2026 · Bring a Trailer
Ferrari 348 ts
1989 to 1993 · Targa · 4,228 built
A 1989 Ferrari 348 ts cost $100,000 new. Over the past 12 months, 21 have sold publicly at a median of $90,000. The Shifty Estimate for a well-kept example is $111,200. Across the sales we have on file, prices ran from $41,348 to $299,000, depending on mileage, color, and history.
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Shifty Estimate
$111,200
High confidence · $63K to $128K
Up 17.7% over 12 months
Oct 2025Rolling 6-month medianOct 2026
- Median · 12 mo
- $90,000
- Sales · 12 mo
- 21
- For sale now
- 3
- Market cap
- $470.2M · 4,228 built
- Original MSRP
- $100,000Up 11% since new
Collectible
Sold$136,500 · Bring a Trailer · Oct 2026
The market
Every recorded 1989 Ferrari 348 ts sale, by date and price
Oct 2026 · Bring a Trailer
$136,500 · 18,000 mi · Rosso Corsa
● Sold● Bid to, not sold
135 sales · 14 unsoldmedian $90kupdated Oct 2026
Community
Latest results
The newest 1989 Ferrari 348 ts sales with photographs
Sold $299,000
1993 · Rosso Corsa · 44,000 mi
Oct 7, 2026 · Bring a Trailer
Sold $95,443
£72,300
1993 · red · 33,172 mi
Oct 3, 2026 · Car & Classic
UK sales of this model ran 6% below US sales over 3 years.
Sold $90,000
1990 · Rosso Corsa · 31,000 mi
Sep 7, 2026 · Bring a Trailer
Sold $96,000
1991 · Giallo Modena · 27,000 mi
Aug 7, 2026 · Bring a Trailer
Sold $80,648
£61,000
1991 · red · 50,437 mi
Jun 30, 2026 · Car & Classic
UK sales of this model ran 6% below US sales over 3 years.
Every 348
Sold prices, last 12 months · Oct 29, 2026
Specifications
- Engine
- Naturally Aspirated V8, 3.4L
- Power
- 300 hp
- Torque
- 238 lb-ft
- 0 to 60
- 5.6 s
- Top speed
- 171 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Curb weight
- 3,086 lb
- Production
- 4,228 built
- Original MSRP
- $100,000
- Designer
- Pininfarina
Common questions
How much does a Ferrari 348 ts cost?
A 1989 Ferrari 348 ts cost $100,000 new. Over the past 12 months, 21 have sold publicly at a median of $90,000. The Shifty Estimate for a well-kept example is $111,200. Across the sales we have on file, prices ran from $41,348 to $299,000, depending on mileage, color, and history.
What is a 1989 Ferrari 348 ts worth today?
The Shifty Estimate is $111,200, up 17.7% over the past 12 months. That sits above the $90,000 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. Confidence is high: 21 public sales in a year gives a firm read.
Is a Ferrari 348 ts a good investment?
It has appreciated 11% against its $100,000 list price. Values are up 17.7% over the past 12 months. Only 4,228 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $41,348 to $299,000, and mileage explains most of that.
How many Ferrari 348 ts have sold?
Shifty has 135 public sales of the Ferrari 348 ts on file. The earliest was on Jun 26, 2016.
What is the most expensive Ferrari 348 ts sold?
The highest public sale on file is $299,000, on Oct 7, 2026, with 44,000 mi.
What has a Ferrari 348 ts sold for at auction?
The 3 most recent public sales we have on file:
- $136,500Oct 23, 2026Rosso Corsa · 18,000 mi
- $64,000Oct 22, 2026Rosso Corsa · 38,000 mi
- $299,000Oct 7, 2026Rosso Corsa · 44,000 mi
How many Ferrari 348 ts are for sale right now?
Shifty tracks 3 listings of the Ferrari 348 ts for sale right now.
About the 1989 Ferrari 348 ts
The 348 ts pioneered Ferrari's targa concept, featuring removable roof panels that offered open-air motoring without the complexity of a full convertible. With 4,228 examples built, it was the most popular 348 variant, proving buyers appreciated the versatility of removable panels. The 'ts' designation stood for 'targa spider,' though purists argued it wasn't a true targa design. Mechanically identical to the tb coupe, the ts delivered the same 300-hp naturally aspirated V8 experience with added versatility. Pininfarina's design accommodated the removable panels seamlessly, maintaining the 348's aggressive stance. The ts represents peak 1990s Ferrari philosophy: dramatic styling, naturally aspirated power, and manual transmission purity. Today's collectors value the ts for its practicality, you get both coupe rigidity and open-air freedom. While not the rarest 348, clean examples command strong prices as enthusiasts recognize the ts as offering the complete 348 experience.
More Ferrari in the market
Sales and listings
Showing 20 of 160 on file
1992 · Red · 36,520 mi
Brian's Auto Center
Asking $138,900
Listed Oct 22
1990 · Red · 7,294 mi
Automobili Limited
Asking $259,509
Listed Oct 9
1990 · Red · 20,853 mi
Daniel Schmitt & Company
Asking $149,900
Listed Sep 26
1991 · Rosso Corsa · 18,000 mi
Bring a Trailer
$136,500
Oct 23, 2026
1990 · Rosso Corsa · 38,000 mi
Bring a Trailer
$64,000
Oct 22, 2026
1990 · Red · 7,294 mi
Motorcars of The Main Line
Last asking $259,999
No longer listed
1990 · Red · 55,193 mi
frank s motorcars
Last asking $76,895
No longer listed
1993 · Rosso Corsa · 44,000 mi
Bring a Trailer
$299,000
Oct 7, 2026
1993 · red · 33,172 mi
Car & Classic
$95,443
£72,300
Oct 3, 2026
1990 · Red · 20,853 mi
Daniel Schmitt & Co
Last asking $150,385
No longer listed
1990 · Red · 20,853 mi
Daniel Schmitt & Co
Last asking $150,385
No longer listed
1990 · Rosso Corsa · 31,000 mi
Bring a Trailer
$90,000
Sep 7, 2026
1992 · red · 67,056 mi
Car & Classic
$68,000
Sep 2, 2026
1990 · Yellow · 37,907 mi
Black Horse Garage
Last asking $95,000
No longer listed
1990 · Yellow · 37,907 mi
Black Horse Garage Automotive
Last asking $95,000
No longer listed
1991 · Giallo Modena · 27,000 mi
Bring a Trailer
$96,000
Aug 7, 2026
1992 · red · 67,056 mi
Car & Classic
Bid to $62,500
Aug 5, 2026
1993 · Rosso Corsa · 44,196 mi
Collecting Cars
$92,771
€81,500
Jul 1, 2026
1991 · Giallo Modena · 16,000 mi
Bring a Trailer
$154,348
Jun 30, 2026
1991 · red · 50,437 mi
Car & Classic
$80,648
£61,000
Jun 30, 2026
Free: the 2027 Collector Car Outlook.