FERRARI 348 (1993)
Running costs, common problems, and reliability data based on 108 real MOT tests in 2024.
MOT Pass Rate
91%
Total Tests (2024)
108
Avg Mileage
37,393 mi
Est. Annual Cost
£2,097
Is the 1993 FERRARI 348 reliable?
Excellent reliability. Very few MOT failures. That's 9 points above the national average of 82%. It falls below the FERRARI brand average of 96%.
At 31 years old, 91% of FERRARI 348s from 1993 passed their MOT first time in 2024. That's based on 108 tests across the UK. The average mileage at this age is 37,393 miles.
How does the 1993 FERRARI 348 compare?
Mileage Analysis
The average 1993 FERRARI 348 has 37,393 miles on the clock, which is significantly below the expected 229,400 miles for a 31-year-old car. Low-mileage examples may have spent time sitting unused, so check for issues like corroded brakes or perished rubber seals.
Best year to buy a FERRARI 348?
The most reliable year is the 1992 model with a 100% MOT pass rate, while the 1993 model has the lowest at 91%. Consider a different year if reliability is a priority.
How much does a 1993 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?
Enter the reg plate to see its individual MOT history, mileage verification, and predicted costs.
About the 1993 FERRARI 348
The 1993 FERRARI 348 is a luxury with a 3405cc petrol engine. 108 of these vehicles were MOT tested in 2024, making it a rare model on UK roads. It ranks in the top 9% of all 1993 cars for reliability.
With an average of 37,393 miles at 31 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.
1993 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 1993 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 91% 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 1993 FERRARI 348
At 31 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 1993 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:
- MERCEDES E (1995) 79% pass rate (-12%) from 2,442 tests
- PORSCHE 911 (1995) 89% pass rate (-2%) from 1,831 tests
- MERCEDES 300 (1992) 83% pass rate (-8%) from 1,096 tests
- PORSCHE 944 (1991) 83% pass rate (-8%) from 858 tests