Ferrari F40

vs

Ferrari 348

Italy vs Italy — 1994 vs 1989

Ferrari F40 (1994)
Ferrari 348 (1989)
Specifications
F40 LM348 tb/ts
Horsepower720 hp300 hp
Torque240 lb-ft
Engine Size2,936 cc3,405 cc
0-60 mph5.6 sec
Top Speed171 mph
¼ Mile13.9 sec
Weight3,071 lbs
Wheelbase2,451 mm2,450 mm
Length4,358 mm4,230 mm
Units Produced198,844
Original MSRP$129,000
Value (Excellent)$10,000,000$120,000
Collectibility5/106/10
Rarity10/104/10
The Verdict

It's a closely fought contest. The 1994 Ferrari F40 LM brings more power, greater rarity to the table, and the 1989 Ferrari 348 tb/ts answers with stronger collectibility, better value. Both are excellent machines that reward their owners in different ways — there's no wrong answer here.

Overview

Ferrari has long offered a diverse lineup, and comparing the 1994 Ferrari F40 LM with the 1989 Ferrari 348 tb/ts highlights the breadth of the marque's engineering philosophy. The 1994 Ferrari F40 LM holds a clear advantage in raw power with 720 hp compared to 300 hp, a 420-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Ferrari F40 uses a V8 displacing 2,936 cc, while the Ferrari 348 relies on a V8 DOHC with 3,405 cc. Rarity plays a significant role here — with only 19 units built, the 1994 Ferrari F40 LM is considerably scarcer than the Ferrari 348's 8,844 examples. On the collector market, the 1994 Ferrari F40 LM commands a significant premium over the 1989 Ferrari 348 tb/ts, reflecting differences in prestige and rarity.