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FERRARI 348 (1990)

Running costs, reliability data, and common problems from 116 real MOT tests.

Annual Cost

£2,607

£217/month

MOT Pass Rate

97%

Excellent

Road Tax

£760

Based on CC/year

Insurance

Grp 35-50

3405cc Petrol

Great Choice

97% pass rate, £2607/year to run. 15 points above average.

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Petrol3405cc36 years old116 tests44k miles avg

Annual Running Costs

Fuel (Petrol, 3405cc)

~30 mpg

£1,592
Road Tax

Based on 3405cc

£760
MOT Test
£55
Predicted Repairs

Low estimate due to excellent reliability

£200
Total per year£2,607
Per month£217/mo
Per week£50/wk

Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT data. Insurance not included.

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Reliability Verdict

97% MOT pass rate(Excellent)
0%National avg: 82%100%

Excellent reliability. Very few MOT failures. That's 15 points above the national average of 82%.

At 36 years old, 97% of FERRARI 348s from 1990 passed their MOT first time in 2026. That's based on 116 tests across the UK. The average mileage at this age is 44,170 miles.

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How Does It Compare?

Rank among 1990 cars5th of 190(top 3%)
Rank among FERRARI models84th of 149(top 56%)
vs national average+15%(82% avg)
vs 1990 cars average+18%(79% avg)
vs FERRARI average+1%(96% avg)

Mileage Analysis

44,170

Average miles

vs

266,400

Expected for age

The average 1990 FERRARI 348 has 44,170 miles on the clock, which is significantly below the expected 266,400 miles for a 36-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.

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Best Year to Buy?

The most reliable year is the 1992 model with a 100% MOT pass rate, while the 1993 model has the lowest at 91%. The 1990 sits between the two at 97%.

FERRARI 348 by Year

YearPass RateTestsAvg Mileage
199496%15637,112 mi
199391%10837,393 mi
1992100%10144,800 mi
199197%13337,145 mi
199097%11644,170 mi

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About the 1990 FERRARI 348

The 1990 FERRARI 348 is a luxury with a 3405cc petrol engine. 116 of these vehicles were MOT tested in 2026, making it a rare model on UK roads. It ranks in the top 3% of all 1990 cars for reliability.

With an average of 44,170 miles at 36 years old, FERRARI 348 owners tend to use this car less than the typical driver. Very low mileage could mean the car has been garaged or used only for short trips, which can cause its own issues like battery drain and moisture buildup.

1990 FERRARI 348 Fuel Costs

The 3405cc petrol engine is on the larger side, so fuel won't be this car's strong point. Expect around 30 mpg in mixed driving, which works out to roughly £1,592 per year at current petrol prices of 142p per litre (based on 7,400 miles per year).

What does it cost to own a 1990 FERRARI 348?

Total estimated annual running cost is £2,607 217/month), broken down as £1592 fuel, £760 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 97% pass rate. These cars rarely fail their MOT, so unexpected bills are less likely.

FERRARI 348 Reliability Trend

The FERRARI 348 has maintained consistent MOT pass rates across model years, varying by only 1 percentage points.

Buying a Used 1990 FERRARI 348

At 36 years old, the FERRARI 348 is firmly in budget territory. Purchase prices are low, but check for rust, worn suspension bushes, and electrical gremlins. A full service history is especially valuable at this age. If you're flexible on year, the 1992 model has the highest pass rate at 100%.

Common Issues to Watch For

Based on the 1990 FERRARI 348's fuel type, age, and engine size, these are the most likely problem areas to check.

Timing Chain / Belt

Watch out

At 36 years old, check whether the timing belt has been replaced (typically due every 5-7 years or 60,000-100,000 miles). A snapped belt can destroy the engine.

Oil Consumption

Medium risk

Larger petrol engines can develop higher oil consumption as they age. Check the oil level and look for blue smoke from the exhaust.

Rust and Corrosion

Watch out

At 10+ years, check wheel arches, sills, subframe, and brake lines for rust. Structural corrosion is an MOT failure. Prevention is far cheaper than repair.

Suspension Bushings

Watch out

Rubber suspension bushes harden and crack with age, causing knocking noises and vague handling. A full refresh costs £300-£800 depending on the car.

Service History

Low risk

Always request a full service history. Regular servicing is the single best indicator of how well a car has been maintained, regardless of mileage.

Running Costs Compared

How the 1990 FERRARI 348 stacks up against similar cars for annual running costs, insurance, and tax.

CarPass RateFuel/yrTax/yrInsuranceTotal/yr
FERRARI 348(1990)97%£1592£760Grp 35-50£2607
PORSCHE 911(1990)91%£1592£250Grp 35-50£2097-£510
MERCEDES 300(1992)83%£1592£250Grp 30-42£2247-£360
PORSCHE 944(1990)85%£1592£250Grp 30-42£2247-£360
LAND ROVER DISCOVERY(1991)78%£1592£250Grp 35-50£2397-£210

Estimates based on 7,400 miles/year, current fuel prices, and MOT data. Insurance groups are indicative. Actual costs vary by driver, location, and usage.

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