FERRARI 348 (1992)
Running costs, common problems, and reliability data based on 101 real MOT tests in 2024.
MOT Pass Rate
100%
Total Tests (2024)
101
Avg Mileage
44,800 mi
Est. Annual Cost
£2,097
Is the 1992 FERRARI 348 reliable?
Excellent reliability. Very few MOT failures. That's 18 points above the national average of 82%. It also outperforms the FERRARI brand average of 96%.
At 32 years old, 100% of FERRARI 348s from 1992 passed their MOT first time in 2024. That's based on 101 tests across the UK. The average mileage at this age is 44,800 miles.
How does the 1992 FERRARI 348 compare?
Mileage Analysis
The average 1992 FERRARI 348 has 44,800 miles on the clock, which is significantly below the expected 236,800 miles for a 32-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
How much does a 1992 FERRARI 348 cost to run?
Based on 7,400 miles/year (UK average), current fuel prices, and repair likelihood from MOT pass rate data. Insurance not included.
FERRARI 348 by Year
Checking a specific FERRARI 348?
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About the 1992 FERRARI 348
The 1992 FERRARI 348 is a luxury with a 3405cc petrol engine. 101 of these vehicles were MOT tested in 2024, making it a rare model on UK roads. It ranks in the top 1% of all 1992 cars for reliability.
With an average of 44,800 miles at 32 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.
1992 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 1992 FERRARI 348?
Total estimated annual running cost is £2,097 (£175/month), broken down as £1592 fuel, £250 road tax, £55 MOT, and £200 predicted repairs. The low repair estimate reflects the excellent 100% 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 1992 FERRARI 348
At 32 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.
Alternatives to the 1992 FERRARI 348
The FERRARI 348 is actually the most reliable option among similar petrol luxurys from this era. Here are comparable petrol cars with similar engines:
- PORSCHE 911 (1990) 91% pass rate (-9%) from 1,888 tests
- MERCEDES 300 (1992) 83% pass rate (-17%) from 1,096 tests
- PORSCHE 944 (1990) 85% pass rate (-15%) from 914 tests
- PORSCHE 968 (1994) 88% pass rate (-12%) from 642 tests