The Ferrari 348, introduced in 1989, was a major departure from the company's successful road-going mid-engine series of sports cars and replaced two of the most popular Ferrari models in history, the 308 and the 328. The 348 featured a pressed-steel monocoque chassis that reduced its overall mass and, in the style of the 288 GTO, combined a transversely mounted gearbox coupled to a longitudinally mounted engine which gave it excellent balance and made it a very agile sports car. The 348 also introduced the Ferrari Challenge Series.
This 1991 348 TB Berlinetta has covered less than 300 miles from new. It is finished in black paint with an unblemished Bordeaux leather interior. It is complete with its original factory books, tools, warranty card and leather owner's folio.
In 2011, the car was offered for sale at the Gooding & Company auction held in Amelia Island, Florida where it was estimated to sell for $90,000 - $120,000. As bidding came to a close, the car had been sold for the sum of $79,200 including buyer's premium.