458 v 488 market

458 v 488 market

Author
Discussion

Eatpies99

146 posts

56 months

Monday 5th February
quotequote all
Masterplan said:
Is there any literature that outlines what Ferrari used warranty covers and what it doesn’t?

Keen to know if it’s genuine bumper to bumper like any car in its first 3 years, or if there are a list of exclusions if need to mitigate.
It's deff not bumper to bumper. You'd be better speaking to a dealer and asking them to email across the paper work to look at.

Masterplan

53 posts

4 months

Monday 5th February
quotequote all
Eatpies99 said:
It's deff not bumper to bumper. You'd be better speaking to a dealer and asking them to email across the paper work to look at.
I spoke to them this morning and they sent me this link with the Ferrari approved webpage which details it.

Other than brakes, tyres and serviceable parts like windowipers etc, they seem pretty adamant it’s pretty comprehensive.

Conscious the real world can often be a very different story, but is very tempting if true as it also has 2 free services left in the 7 year service plan

Trev450

6,337 posts

174 months

Monday 5th February
quotequote all
Masterplan said:
Eatpies99 said:
It's deff not bumper to bumper. You'd be better speaking to a dealer and asking them to email across the paper work to look at.
I spoke to them this morning and they sent me this link with the Ferrari approved webpage which details it.

Other than brakes, tyres and serviceable parts like windowipers etc, they seem pretty adamant it’s pretty comprehensive.

Conscious the real world can often be a very different story, but is very tempting if true as it also has 2 free services left in the 7 year service plan
You have not attached the link. smile

Eatpies99

146 posts

56 months

Monday 5th February
quotequote all
Masterplan said:
Eatpies99 said:
It's deff not bumper to bumper. You'd be better speaking to a dealer and asking them to email across the paper work to look at.
I spoke to them this morning and they sent me this link with the Ferrari approved webpage which details it.

Other than brakes, tyres and serviceable parts like windowipers etc, they seem pretty adamant it’s pretty comprehensive.

Conscious the real world can often be a very different story, but is very tempting if true as it also has 2 free services left in the 7 year service plan
Are you looking at the Power 15?

NRG1976

1,094 posts

12 months

Monday 5th February
quotequote all
Masterplan said:
Eatpies99 said:
It's deff not bumper to bumper. You'd be better speaking to a dealer and asking them to email across the paper work to look at.
I spoke to them this morning and they sent me this link with the Ferrari approved webpage which details it.

Other than brakes, tyres and serviceable parts like windowipers etc, they seem pretty adamant it’s pretty comprehensive.

Conscious the real world can often be a very different story, but is very tempting if true as it also has 2 free services left in the 7 year service plan
I think things like oil leaks and seals are not covered, sounds innocuous but if you look at some people who have had this on their gearbox it can cost tens of thousands.

andyr

367 posts

286 months

Monday 5th February
quotequote all
Some people - who didn’t have warranties - have said they don’t think they could have claimed.

But I know of one person, maybe he’s on here, that has claimed twice for a gearbox issue under warranty

But you are right when talking about “standard” oil leaks - if that’s even a thing. But an internal seal on the gearbox, I reckon, is claimable.

I have the Power 15 warranty for peace of mind. Also the car gets a thorough inspection each time it’s renewed.

Masterplan

53 posts

4 months

Tuesday 6th February
quotequote all
Trev450 said:
You have not attached the link. smile
Sorry, I have newly created account so can't post direct links, but this seems to work if you copy-paste it: preowned.ferrari.com/en-GB/ferrari-approved

Seeking some finance figures on the 488, and residuals look strong, but I'm half hoping we see some interest rate drops soon to help with that.

This would be my first Ferrari and first supercar, coming from a 911 that was comprehensively covered with warranty. In the early stages but looking at the 992 GT3, 600LT, and Huracan Evo too.

It would be good to get some opinions on what to expect from Ferrari Approved warranty and if it's worth the paper it's written on, as the 488 is very high up my list.

worldwidewebs

2,366 posts

252 months

Tuesday 6th February
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I've just had a price to renew the Power 15 warranty on my 458 - £3880 for 12 months. Think I'll 'self warranty' at that price

PinkHouse

926 posts

59 months

Tuesday 6th February
quotequote all
In the McLaren world, companies like V Engineering and Thorney make the costs much more palatable for the self-warranty route and most buyers would see the service history from those specialists as plus points. Are there any Ferrari specialists that are equally well regarded to make it a realistic option without being detrimental to the car's history?

johnnyreggae

2,946 posts

162 months

Tuesday 6th February
quotequote all
Yes several but the difference compared with other brands is from new 7 years servicing is included

MrBogSmith

2,182 posts

36 months

Tuesday 6th February
quotequote all
I replaced the battery in the 488 (pain in the arse).

Not sure if the trickle charger is broken. I've for the Ferrari one (below) and one which is essentially the same without the branding (CTEK). Both are only showing two lights illuminated:



How many lights is it meant to show?

andyr

367 posts

286 months

Tuesday 6th February
quotequote all
worldwidewebs said:
I've just had a price to renew the Power 15 warranty on my 458 - £3880 for 12 months. Think I'll 'self warranty' at that price
What did you pay last year?

I’m very surprised that’s a renewal quote.

NRG1976

1,094 posts

12 months

Tuesday 6th February
quotequote all
MrBogSmith said:
I replaced the battery in the 488 (pain in the arse).

Not sure if the trickle charger is broken. I've for the Ferrari one (below) and one which is essentially the same without the branding (CTEK). Both are only showing two lights illuminated:



How many lights is it meant to show?
Sorry couldn’t resist being a Star Trek fan…


worldwidewebs

2,366 posts

252 months

Tuesday 6th February
quotequote all
andyr said:
worldwidewebs said:
I've just had a price to renew the Power 15 warranty on my 458 - £3880 for 12 months. Think I'll 'self warranty' at that price
What did you pay last year?

I’m very surprised that’s a renewal quote.
Only recently bought the car so I didn't pay for the current policy. It's more than I was expecting if I'm being honest and I assume it's not a dealer-specific price, although I may phone a couple of others up just to check

7GJR

183 posts

99 months

Wednesday 7th February
quotequote all
MrBogSmith said:
I replaced the battery in the 488 (pain in the arse).

Not sure if the trickle charger is broken. I've for the Ferrari one (below) and one which is essentially the same without the branding (CTEK). Both are only showing two lights illuminated:



How many lights is it meant to show?
All of seven of them.

If you have a 488 I presume you have the magnetic connector above the rear plate. Sometimes the magnets don’t hold the connector too well. That could be the issue - you can replace it or some on the internet suggest it can be a DIY fix

worldwidewebs

2,366 posts

252 months

Wednesday 7th February
quotequote all
worldwidewebs said:
andyr said:
worldwidewebs said:
I've just had a price to renew the Power 15 warranty on my 458 - £3880 for 12 months. Think I'll 'self warranty' at that price
What did you pay last year?

I’m very surprised that’s a renewal quote.
Only recently bought the car so I didn't pay for the current policy. It's more than I was expecting if I'm being honest and I assume it's not a dealer-specific price, although I may phone a couple of others up just to check
Got another price - £3550 including a mandatory 'pre-warranty' inspection. And if anything is found in that inspection that you have to fix before they will renew, but you decide not to bother, then the inspection is 4 hours at £195+vat/hour. I'll definitely be self-warranting

MrBogSmith

2,182 posts

36 months

Wednesday 7th February
quotequote all
7GJR said:
MrBogSmith said:
I replaced the battery in the 488 (pain in the arse).

Not sure if the trickle charger is broken. I've for the Ferrari one (below) and one which is essentially the same without the branding (CTEK). Both are only showing two lights illuminated:



How many lights is it meant to show?
All of seven of them.

If you have a 488 I presume you have the magnetic connector above the rear plate. Sometimes the magnets don’t hold the connector too well. That could be the issue - you can replace it or some on the internet suggest it can be a DIY fix
Thank you, yes, I have the connector above the rear plate.

I'll have a look at the magnets. We've used two different chargers and changed the battery, so it sounds like an issue outside the of the battery and chargers.





JRSS

32 posts

53 months

Wednesday 7th February
quotequote all
worldwidewebs said:
I've just had a price to renew the Power 15 warranty on my 458 - £3880 for 12 months. Think I'll 'self warranty' at that price
Rightly or wrongly I have always taken out the extended Ferrari warranty on my 458. Are you aware that if it’s a continuation of an existing extended warranty policy you get a 15% discount if you haven’t claimed with a further 15% if no faults are found after the inspection.
There is also a further discount if you combine the service ( it can be any of them as there are three different ones) and the warranty together, it’s called Power 15 & Maintenance which makes a substantial difference.
I only found this out by speaking to someone at another dealership. My dealership said they had no idea the plan existed which is not what you would expect, but having looked into it have agreed.

Nurburgsingh

5,137 posts

240 months

Wednesday 7th February
quotequote all
JRSS said:
Rightly or wrongly I have always taken out the extended Ferrari warranty on my 458. Are you aware that if it’s a continuation of an existing extended warranty policy you get a 15% discount if you haven’t claimed with a further 15% if no faults are found after the inspection.
There is also a further discount if you combine the service ( it can be any of them as there are three different ones) and the warranty together, it’s called Power 15 & Maintenance which makes a substantial difference.
I only found this out by speaking to someone at another dealership. My dealership said they had no idea the plan existed which is not what you would expect, but having looked into it have agreed.
Sounds like your dealer operates a “don’t ask, don’t get” policy.
It’s like people that sell their cars back to a dealer don’t get told that they can cancel the warranty and get a pro rata refund on the outstanding term.

vxdave

148 posts

246 months

Wednesday 14th February
quotequote all
I have recently started looking for a 488. Would somebody mind confirming, if I find one for sale privately is it a simple case of paying a Ferrari dealer for an inspection and as long as it passes, a warranty can be added for circa £3500 per year? Thanks!