TS (1989 to 1995)

The Ferrari 348 ts, produced between 1989 and 1993, is the open-top "Targa" variant that brought the aggressive, straked aesthetic of the Testarossa to Maranello’s V8 line. In the 2026 Australian market, the 348 ts has seen a significant reputational recovery, with market values for locally delivered, right-hand-drive (RHD) examples typically ranging from $155,000 to $185,000 AUD. While global production was relatively high at 4,228 units, original RHD cars are much rarer (with only about 261 allocated to the UK and similarly small numbers for Australia), ensuring they hold a "chunky supplement" over more common left-hand-drive imports. Its desirability stems from being one of the last Ferraris to offer a purely analogue driving experience—featuring unassisted steering and a gated five-speed manual—though potential owners must still account for the "engine-out" belt service every three to five years, which remains a key factor in price negotiations. The buyer pool is largely comprised of Gen X and Millennial collectors who value the "baby Testarossa" styling and the 3.4L V8’s mechanical soundtrack, often viewing the 348 ts as a more accessible and visceral alternative to the more expensive 328 or F355.

The Ferrari 348 ts, produced between 1989 and 1993, is the open-top "Targa" variant that brought the aggressive, straked aesthetic of the Testarossa to Maranello’s V8 line. In the 2026 Australian market, the 348 ts has seen a significant reputational recovery, with market values for locally delivered, right-hand-drive (RHD) examples typically ranging from $155,000 to $185,000 AUD. While global production was relatively high at 4,228 units, original RHD cars are much rarer (with only about 261 al… Read more