458 v 488 market

[garystoybox]

vxdave said:

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!

Correct, although most cars that go through an inspection need some work done to pass from my experience. It’s then the issue of convincing the seller to pay dealer prices to rectify.

[andyr]

worldwidewebs said:

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

As others have pointed out, you get discounts for renewing and not claiming. I also get cheaper servicing and free covered collection and return for about 2.8k. I also get them to waive the inspection fee which is something like £150.

[worldwidewebs]

andyr said:

worldwidewebs said:

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

As others have pointed out, you get discounts for renewing and not claiming. I also get cheaper servicing and free covered collection and return for about 2.8k. I also get them to waive the inspection fee which is something like £150.

Which dealership is that with? My service is due a few months before the warranty is due so not sure I can tie the two in - I will if I can but I didn't think to ask at the time.

[andyr]

Greypaul. The previous owner had let the service get out of line with the warranty, so I brought them back in line.
I find Greypaul to be excellent.

[worldwidewebs]

andyr said:

Greypaul. The previous owner had let the service get out of line with the warranty, so I brought them back in line.
I find Greypaul to be excellent.

Did you over-service or under-warranty to get them in-line?

[andyr]

Over serviced.

Car was registered in March. When I bought it, the services had drifted to September. So I serviced that September then again in march. There were only 80 miles between services but I thought it was worth it to get them back in line. It’s also just easier to have service, mot, warranty all done at the same time.

[swindler]

andyr said:

Over serviced.

Car was registered in March. When I bought it, the services had drifted to September. So I serviced that September then again in march. There were only 80 miles between services but I thought it was worth it to get them back in line. It’s also just easier to have service, mot, warranty all done at the same time.

Ludicrous

[Harry Flashman]

swindler said:

andyr said:

Over serviced.

Car was registered in March. When I bought it, the services had drifted to September. So I serviced that September then again in march. There were only 80 miles between services but I thought it was worth it to get them back in line. It’s also just easier to have service, mot, warranty all done at the same time.

Ludicrous

Although, I'd buy a car from an owner like this!

I have done the same with my old Maserati - when COVID lockdown meant getting it serviced on time was a problem. Far lower cost, mind, than a Ferrari!

[raceboy]

6 month old oil that's done 80 miles....I'd be asking them to pour what they drain out back in the top.

[fridaypassion]

Chances of them just stamping the service book? I would say 100%

I can see the logic in it but at the age the cars are now I really dont think it would affect its resale.

[supersport]

raceboy said:

6 month old oil that's done 80 miles....I'd be asking them to pour what they drain out back in the top.

They probably did.

[Trev450]

Can anyone point me towards where I can find exactly what the pre-warranty inspection covers please.

[6208]

For anyone that is in the market for one of these.

Why is it not selling?

https://www.pistonheads.com/buy/listing/15757283

https://www.autotrader.co.uk/car-details/202310173...

£159,950

Advertised 17/10/2023

Change -£10,000 (-6%)
31/01/2024 £159,950
03/01/2024 £162,950
22/12/2023 £164,950
22/12/2023 £169,950
18/12/2023 £164,950
18/12/2023 £169,950
07/11/2023 £164,950
17/10/2023 £169,950

[fridaypassion]

20k overpriced

Although we are coming into spring and the market generally is showing signs of recovery....

[andyr]

6208 said:

For anyone that is in the market for one of these.

Why is it not selling?

https://www.pistonheads.com/buy/listing/15757283

https://www.autotrader.co.uk/car-details/202310173...

£159,950

Advertised 17/10/2023

It’s about 10k more than I paid for mine - which is almost identical.

It’s priced about right - should sell in the spring.

[Masterplan]

Been looking at 488’s lately.

I’m 6’3 and wondering whether I’d fit in a spider with the roof up? I understand the spider roof is lower due to the mechanism.

Anyone similar height or taller and fit ok?

[Masterplan]

Been looking at 488’s lately.

I’m 6’3 and wondering whether I’d fit in a spider with the roof up? I understand the spider roof is lower due to the mechanism.

Anyone similar height or taller and fit ok?

[Caddyshack]

Masterplan said:

Been looking at 488’s lately.

I’m 6’3 and wondering whether I’d fit in a spider with the roof up? I understand the spider roof is lower due to the mechanism.

Anyone similar height or taller and fit ok?

Sounds a great reason to go and sit in one, it’s hardly a chore.

[Boleros]

Caddyshack said:

Masterplan said:

Been looking at 488’s lately.

I’m 6’3 and wondering whether I’d fit in a spider with the roof up? I understand the spider roof is lower due to the mechanism.

Anyone similar height or taller and fit ok?

Sounds a great reason to go and sit in one, it’s hardly a chore.

I suppose one of the joys about motoring forums is a shared experience, after all there's nothing quite like an exchange of ideas, thoughts and opinions. Not quite as good as doing it over a pint of beer perhaps but a friendly exchange nonetheless.

On the other hand we could all sit behind a keyboard and just, well, be antisocial I guess.

[Masterplan]

Caddyshack said:

Sounds a great reason to go and sit in one, it’s hardly a chore.

Great suggestion, but nearest one advertised is 160 miles away. Will do that if it’s likely to be worth the journey