Getting a warranty on an a 360 / 430
Discussion
Some people like having a warranty and are willing to pay, others do not rate having one.
I personally enjoy having piece of mind of a warranty, which is why I only looked to buy my car via a Ferrari dealer (2 year warranty on approved used).
I think you can have your car inspected and buy a Ferrari power warranty, or you could look to somewhere like warrantywise. I think these things are around £3k a year. Not sure how good 3rd party warranties are. Many years ago on a porsche boxster I had a warrantydirect one which didn't pay out - ended up charging back via my credit card to pull my money out of the warranty.
I personally enjoy having piece of mind of a warranty, which is why I only looked to buy my car via a Ferrari dealer (2 year warranty on approved used).
I think you can have your car inspected and buy a Ferrari power warranty, or you could look to somewhere like warrantywise. I think these things are around £3k a year. Not sure how good 3rd party warranties are. Many years ago on a porsche boxster I had a warrantydirect one which didn't pay out - ended up charging back via my credit card to pull my money out of the warranty.
I think if you buy wisely, look after them and service them properly they are pretty bullet proof. Anything that might fail is generally not covered by the warranty eg ball joints,etc. I've had mine 4 years and not blown up an engine or gearbox yet. I do understand the peace of mind argument with a warranty, but I have confidence in these cars and get my peace of mind through that. If you buy through a dealer, you will probably get 1 years warranty thrown in anyway.
I had an engine blow in a 360, car was fully maintained etc,just one of those things I'm afraid.
Personally I think the after market warranties are a bit limited for these sort of cars, I had one which cost the inde seller of my car £500 for six months. Only problem was any single claim could not exceed £2k which in Ferarri terms is nowt.
I'd be inclined to have a main dealer warranty or get a full inspection done prior to buying, leak down test the lot if buying from a private buyer and take my chances, mindful that I saved a few quid at purchase time.
Personally I think the after market warranties are a bit limited for these sort of cars, I had one which cost the inde seller of my car £500 for six months. Only problem was any single claim could not exceed £2k which in Ferarri terms is nowt.
I'd be inclined to have a main dealer warranty or get a full inspection done prior to buying, leak down test the lot if buying from a private buyer and take my chances, mindful that I saved a few quid at purchase time.
I paid around £500 for a 12 month warranty for my 360 from a company called WVS Warranty Products and Services. Within 2 months of owning the car it showed signs of a leak on one of the power steering pipes. It cost £526 to repair and the company sent a guy round to inspect the damage, authorised the repair and sent a cheque for the full amount within 24 hours of receiving the invoice. I was pleasantly surprised and will take this out next year if I still have the car. It only pays up to £2,000 per claim as said by a previous post, but it offers some piece of mind.
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