The short answer
Based on available data, the Ferrari Testarossa comes out ahead of the Ferrari 348 on fuel economy and power. Check the specs table and owner sentiment below for the full comparison before deciding between the two. Both are covered by real owner reports on CarWizz.
Overall
The sentiment among owners and enthusiasts is complex and historically divided. The vehicle is frequently described as an unloved or underrated model that has seen a recent reassessment as prices for more desirable Ferraris have risen. It is acknowledged for offering a relatively affordable entry into mid-engine, gated-manual Ferrari ownership with classic Pininfarina styling cues reminiscent of the Testarossa.
Best version to buy
The 348 TS (Transversale Spider) is noted as the improved variant, with a north-south engine placement that corrected the tragic handling of the original east-west configuration. The "Serie Speciale" limited edition is mentioned as a high-value variant.
Known issues
Overall
Sentiment is sharply divided by generation. For the classic 1984-1996 Testarossa (including 512 TR and F512M variants), sentiment is overwhelmingly positive, characterized by deep nostalgia, iconic status, and emotional appeal. It is celebrated as a symbol of 1980s excess, a Wall Street legend, and a childhood dream car, with ownership described as a 40-year dream come true.
Best version to buy
For the classic lineage, the original 1984-1991 Testarossa is specifically mentioned as the version that "stole my heart," valued for its pure, iconic form over the later 512 TR and F512M updates. One owner explicitly states a preference for their 1990 Testarossa over the M/TR variants, emphasizing emotional connection.
Known issues
The verdict
The Ferrari 348 is the better choice for most buyers.
It has stronger reliability sentiment in owner reports than the Ferrari Testarossa, based on the data above. If the specific known issues on the Ferrari 348 are a dealbreaker, the Ferrari Testarossa is worth a closer look instead.
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Owner reports lean more positive on reliability for the Ferrari 348 than the Ferrari Testarossa. See the known issues comparison above for the specific concerns owners report on each.
Both seat a similar number of passengers based on our data. The Ferrari 348 is classed as a Targa, the Ferrari Testarossa as a Coupe, which affects cargo space and ride height for family use.
The EPA rates the 1993 Ferrari 348 at 13 mpg combined and the 1992 Ferrari Testarossa at 11 mpg, depending on the version.
Exact maintenance costs aren't in our data, but owner reports mention cost-related concerns more often for the Ferrari 348 than the Ferrari Testarossa. See the known issues comparison above.