F12 Berlinetta Warranty - extend or not?

[_Leg_]

My F12 is coming up to 4 years old at the end of December. 16,000 miles, no issues.

Question is, do I extend the warranty?

My 458 Spider will be 4 in April too so I'll have another decision to make then. 19,000 miles, no issues.

Ferrari Extension is £4080
Ferrari Power is £2652

458 a little less. I'm reading the terms to try and get an idea of the difference. I'm running a collection of 15 cars and plenty have no warranty (vintage, classics, modern Porsche, modern Mercedes, modern BMW M car) so I'm used to running cars outside warranty but this is the first time my Ferraris have reached that stage.

Anyone had any experience? Both cars are keepers so I don't care about residuals, selling etc.

[_Leg_]

Thanks for the replies. These were issues with your F12s?

Edit, just seen your edit. ;-)

Edited by _Leg_ on Thursday 9th November 18:58

[_Leg_]

MDL111 said:

_Leg_ said:

Thanks for the replies. These were issues with your F12s?

Sorry - edited my post a bit late 2012 FF

I edited mine a bit late too!

Thanks. Same difference though I guess.

[_Leg_]

Beni997 said:

Definitely extend, I don't think 4K is that bad for an F12. I always thought I would risk it and did when my 430 ran out of warranty but i was very relieved when my first California was in warranty as the engine blew up and needed replacing at approximately 45k.

Just imagine if it was out of warranty.

I'm only bothered about major stuff so the £2600 one might be sufficient.

I'll read up on the differences.

[_Leg_]

Extended. 458 Spider next. Seen as they both go into Europe a couple of times a year it made sense.

[_Leg_]

I'm not really extending the warranty because I'm concerned it will go bang.

I'm extending the warranty because I take it into Europe, next year one of the trips goes as far as Pompeii, and I want to drive it and enjoy it without any worries. Time and enjoyment are more important than money, and I can make more of the latter much more easily.

[_Leg_]

HI Willy

Interesting as I also have a 458 Spider I've had from new in mid 2014. Mine's never been on track as I have a dedicated track car and a race car but it's done 17000 miles, mostly on mountain passes and round Europe, driven at reasonable pace.

I've not had any issues at all with it but I'll be extending its warranty next year.

[_Leg_]

Just come off the phone with Warranty Direct.

They’re no longer covering 458s or F12s.

So my F12 is due next month (currently Ferrari warranty) and 458 Spider next June (current WD) and I’ll have to go with Ferrari or find something else.

Any thoughts?

£3480 for Ferrari Power warranty.

Edit - £2436 for the Ferrari warranty as I’ve had no claims.

Edited by _Leg_ on Thursday 15th November 09:37

Edited by _Leg_ on Thursday 15th November 14:01

[_Leg_]

j3gme said:

Have you had a recent quote from Ferrari? (JCT 600)
As yesterday I received an email offering Power Warrenty at half price ... for F430, offer stands until the end of December. Maybe worth a call?

The numbers in my post above were given today. Thanks for the tip, I'll check.

[_Leg_]

I don't have the terms. I can only choose the Power Warranty as my car will be 5 in January (but warranty ran from December for some bizarre Italian reason).

As WD have stopped covering Ferraris I suspect the only choice is Ferrari Power Warranty or no warranty.

I'll end up doing the power warranty and take my chances.

[_Leg_]

Camlet said:

I've never paid for extended warranty, Ferrari or otherwise. The cost is high, the cover limited and to date, any issues I've easily covered myself.

I'm only concerned about the big jobs. An engine going pop, gearbox, etc. A £3000 bill is annoying but no biggie, a £50,000 bill will upset me. Whether my concerns are founded or unfounded on an F12 and 458 Spider that get everything they need when they need it servicing etc wise I really don't know.

I think I'll be doing less miles less aggressively in them now too as the general consensus amongst the group of guys that I do euro trips with is that the days of treating the Alps etc like a playground are gone.

Dunno. I have 2 weeks to mull it over.

Edited by _Leg_ on Friday 16th November 20:36

[_Leg_]

Lee3185 said:

I think Warranty Wise will still cover Ferrari’s...

£5800 p/a with a 10k claim limit and £200 per hour labour limit.

[_Leg_]

Camlet said:

_Leg_ said:

Camlet said:

I've never paid for extended warranty, Ferrari or otherwise. The cost is high, the cover limited and to date, any issues I've easily covered myself.

I'm only concerned about the big jobs. An engine going pop, gearbox, etc. A £3000 bill is annoying but no biggie, a £50,000 bill will upset me. Whether my concerns are founded or unfounded on an F12 and 458 Spider that get everything they need when they need it servicing etc wise I really don't know.

I think I'll be doing less miles less aggressively in them now too as the general consensus amongst the group of guys that I do euro trips with is that the days of treating the Alps etc like a playground are gone.

Dunno. I have 2 weeks to mull it over.

I hear you but the chances of something really big going pop is tiny, especially in modern well maintained cars. Obviously it's up to the individual's appetite for risk but after buying expensive oem extended warranty for several years on a few Fcars without any claims, I decided enough was enough.

Edited by _Leg_ on Friday 16th November 20:36

Thanks. I appreciate your opinion given your cars.

Funny thing is I run my 2 Porsche’s and 2 Merc’s without warranty and it never even occurred to me to extend theirs. Nor any of my other cars.