The 348 isn’t the best Ferrari, but it is cheap.
Before the 1990s it was unthinkable that a Japanese automaker could go toe to toe with Ferrari. When Honda revealed the NSX, it changed the supercar landscape forever. Whereas supercars from Italy were impractical and expensive to repair, the NSX was built to be extremely comfortable and reliable. The NSX was originally designed to be better than a Ferrari 328, but by 1990, it was competing against that car’s successor, the 348. Now, a 348 can be purchased for less than $50,000.
Coincidentally, the Acura NSX is also available for less than $50,000, but which is the better purchase? The NSX has been appreciating in value, but the Ferrari badge has its own special value. We found a 1991 348 TS, which features the removable targa roof. The car is painted in the traditional Ferrari red with a tan interior. The odometer shows 43,310 miles, which is high for a Ferrari, but low for a car of this age. This 348 TS looks to be in good condition, though there’s a bit of wear and tear on the interior. The driver’s seat has noticeable wear on the bottom bolster, which can happen when people get in and out of the seat frequently. The car is being offered by Cabriolet Motors in North Carolina for $49,994.
The 348 was powered by a 3.4-liter V8 with 300 horsepower and 248 lb-ft of torque. The car only came with a five-speed gated manual transmission and could hit 60 mph in 5.6 seconds. This means it was only marginally quicker than the NSX. This classic Top Gear clip shows what the 348 was like back then.