49K km One Family Owned 1991 Ferrari 348 tb 5-Speed Gated Manual SOLD for $90,000

This is a one family owned 1991 Ferrari 328 tb 5-Speed Gated Manual, which has travelled under 49,000 km since new. Being a one-owner car local to the Greater Toronto Area, it follows that it is a Canadian-market car. The car is finished in the familiar race red for a Ferrari, rosso corsa in Italian, over a black leather interior. The car is powered by a 3.4 litre V8 mounted in the mid-rear. Getting power to the rear wheels, there is a five-speed manual transaxle employed with dogleg pattern and a limited slip differential. Very extensive recent service was performed approximately 2,000 km ago, in 2022, a work order totaling over $27,000. Bid with confidence – the seller commissioned a pre-purchase inspection from an arm’s length provider, please see the inspector’s report here. Another item to consider for this Ferrari is that we do offer financing, click here to head to the application or use the Contact Us link should you want to inquire.

Finished in Ferrari trademark rosso corsa, the paint continues to show a bright lustre over the Pininfarina-designed bodywork. There are minor defects, shown in our gallery. There is also a Carfax on this listing, showing a clean history local to the GTA. Functional side air intakes are in place beneath the stylish strakes, feeding the engine bay aft of the cabin.

Staggered factory 17” wheels remain fitted with a set of dated Bridgestone RE71 tires mounted. The tires are 215/50 in the front and 255/45 in the rear. Underneath is a set of four-wheel anti-lock disc brakes with Ferrari-branded calipers. The popup headlights include the high beams while the daytime running lights operate below the front bumper.

Inside, there is black leather upholstery on the seats, dashboard and door cards. Other trim and carpets are a matching black, with protective factory floor mats still with the car. Power locks, windows and mirrors are equipped as is a heated rear curved window. A top-hinged retractable panel in the dash can hide the modern Alpine CDE-9873 AM/FM/CD head unit with MP3 functionality and removable face. An automatic climate control’s functions are located below the Alpine deck.

As expected for a Canadian market car, Veglia electronic instrumentation is in Metric. There is a 300 km/h speedometer with a 10,000 RPM tachometer with a red line of 7,500 RPM. This car has low km’s, showing under 49,000 in the six-digit odometer incorporated into the speedometer. Between the speedo and tach are gauges for oil pressure and coolant temperature while those for fuel level and oil temperature are in the centre stack along with other controls.

The 3.4 litre Tipo 119 V8 was factory rated at 300 horsepower and employs Bosch Motronic engine management. It is transverse and mid-rear mounted. Service performed in 2022, approximately 2,000 km ago, included new clutch (over $9K in parts alone), engine-out timing belt service (a 43-hour labour operation), tune up with plugs/wires/air filter, lube/oil/filter, water pump, hood lifts, valve adjustment, oil pan gasket and battery. Total of the work order covering this work was $27,601.03 and it is also noted on the clean Carfax.

This 49K km One Family Owned 1991 Ferrari 328 tb 5-Speed Gated Manual is available with car cover, original tools in leather case, owner’s manual in leather attache and most recent work order from the owner in Burlington, Ontario.

More videos and Photo Gallery appear below the bidding section. 

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