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Ferrari 348
Ferrari

Ferrari

348

Owner report
Ferrari Testarossa
Ferrari

Ferrari

Testarossa

Owner report

Ferrari 348 vs Ferrari Testarossa: 1994 Comparison

Updated June 2026

The short answer

The Ferrari 348 offers fuel economy, while the Ferrari Testarossa excels at power instead. Choose the Ferrari 348 if you prioritize fuel economy in daily driving, or the Ferrari Testarossa if power matters more for your needs. Both are covered by real owner reports on CarWizz.

Specs side by side

Specification
348
Testarossa
Typical price (used, US)
$99,947–$199,965
$220,695–$291,190
Power
320 Hp
440 Hp
Torque
324 Nm
500 Nm
Acceleration
5.4s
4.7s
Top speed
280 km/h
315 km/h
Fuel consumption
12.7 L/100km
15.6 L/100km
Drive
Rear wheel drive
Rear wheel drive
Transmission
5 gears, manual
5 gears, manual
Engine
3.4 L
4.9 L
Seats
2
2
Body type
Targa
Coupe

What owners say

348

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

  • Engine-out timing belt service: required every 5-7 years or 30,000 miles, extremely labor-intensive and costly ($8,000-$15,000 USD), cited as the defining characteristic of ownership. Frequency: very frequent.
  • Transmission reliability concerns: bushings known to work loose, general fragility, described as prone to grenading. Frequency: recurrent.
  • High maintenance costs: described as a "bottomless money pit" if driven regularly, with average monthly costs reported to exceed a mortgage payment. Parts are expensive and labor is intensive. Frequency: very frequent.

Testarossa

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

  • **Classic Testarossa (1984-1996):** Cumbersome driving dynamics: described as a "30 year old GT car" that is quite cumbersome to drive compared to more nimble contemporaries. Frequency: isolated.
  • Parts availability concerns: cited as a reason to refrain from purchasing today, as getting parts is described as a "daunting task." Frequency: isolated.
  • Passenger side mirror uselessness: the passenger mirror is noted as being hidden by the A-pillar and cannot actually be seen by the driver. Frequency: isolated.

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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Frequently asked questions

Which is more reliable, the Ferrari 348 or the Ferrari Testarossa?

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.

Which is better for families, the Ferrari 348 or the Ferrari Testarossa?

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.

Which has better fuel economy, the Ferrari 348 or the Ferrari Testarossa?

The Ferrari 348 is more fuel-efficient on paper: 12.7 L/100km combined versus 15.6 L/100km for the Ferrari Testarossa, based on the best-equipped catalogued version of each.

Which is cheaper to maintain, the Ferrari 348 or the Ferrari Testarossa?

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.