Discussion
andyr said:
The power 15 warranty covers, what, 75% of the cars value I would think ? £30k gearbox and £80k for an engine.
So for about £1800 a year you’re covering £110k of issues. For me, a no brainer.
I know there are some annoying exclusions. But I’ve successfully claimed for a suspension failure - no hassle. The dealer just did it all.
As I’ve said below, a warranty is just an insurance product. If you are happy with the risk then it’s no issue. But that doesn’t reduce the likelihood of the risk.
Also, I think that buying a car with the warranty shows the provenance of the car, to some extent. You can’t just slap a warranty on any old 458.
1.8k sounds cheap, on my FF it was more than 4k [Euros] I think. I agree on the provenance aspect - it means it at least was checked and found good enough for a warranty. So for about £1800 a year you’re covering £110k of issues. For me, a no brainer.
I know there are some annoying exclusions. But I’ve successfully claimed for a suspension failure - no hassle. The dealer just did it all.
As I’ve said below, a warranty is just an insurance product. If you are happy with the risk then it’s no issue. But that doesn’t reduce the likelihood of the risk.
Also, I think that buying a car with the warranty shows the provenance of the car, to some extent. You can’t just slap a warranty on any old 458.
andyr said:
The power 15 warranty covers, what, 75% of the cars value I would think ? £30k gearbox and £80k for an engine.
So for about £1800 a year you’re covering £110k of issues. For me, a no brainer.
If power 15 really is just £1800 a year then that is probably worth it, but that is surprisingly cheap.So for about £1800 a year you’re covering £110k of issues. For me, a no brainer.
It's been a while now, but when I looked for my old 430 at the time it was quite a lot more than that.
This thread from last year prices it at £3700 for the first year and £2800 after that if you don't claim.
https://www.pistonheads.com/gassing/topic.asp?h=0&...
Edited by murphyaj on Friday 9th May 17:49
the same andyr is in that thread saying £2800 after 30% discount for no claims, so his earlier post was a misprint at £1800..
andyr
399 posts
297 months
[report][news]Tuesday 14th May 2024quotequote all
Hi, you’ll get answers to this question that say don’t do it and keep the money in a pot for rainy days.
I have always had the warranty and it costs me £2800 as you get a 30% discount for renewing without a claim..So you might be able to negotiate on that price you’ve been quoted.
I have it to cover expensive items like the gearbox and engine.
Having said that, I’ve just had a £3k claim authorised for an issue with the suspension.
Apart from som
andyr
399 posts
297 months
[report][news]Tuesday 14th May 2024quotequote all
Hi, you’ll get answers to this question that say don’t do it and keep the money in a pot for rainy days.
I have always had the warranty and it costs me £2800 as you get a 30% discount for renewing without a claim..So you might be able to negotiate on that price you’ve been quoted.
I have it to cover expensive items like the gearbox and engine.
Having said that, I’ve just had a £3k claim authorised for an issue with the suspension.
Apart from som
When my 458's warranty was ending in October I asked them for a quote. I forget the exact price but it was definitely over £3500 - I checked with both Manchester and Birmingham and was quoted the same (whatever that was). They also said that as the existing warranty was from an approved used car sale, the 15% renewal discount didn't apply.
I'm trying to find the document they sent me that shows what is/isn't covered (probably deleted as I didn't renew) but I do remember the 'big' items like gearbox and engine didn't cover leaks, and the 'common' gearbox issue generally started with a dump of oil (leak) so would not be covered. As I knew someone that had had this exact issue I asked the service dept and they confirmed it wouldn't be covered. But, the warranty is there if someone wants it, at least we have a choice.
I'm trying to find the document they sent me that shows what is/isn't covered (probably deleted as I didn't renew) but I do remember the 'big' items like gearbox and engine didn't cover leaks, and the 'common' gearbox issue generally started with a dump of oil (leak) so would not be covered. As I knew someone that had had this exact issue I asked the service dept and they confirmed it wouldn't be covered. But, the warranty is there if someone wants it, at least we have a choice.
worldwidewebs said:
When my 458's warranty was ending in October I asked them for a quote. I forget the exact price but it was definitely over £3500 - I checked with both Manchester and Birmingham and was quoted the same (whatever that was). They also said that as the existing warranty was from an approved used car sale, the 15% renewal discount didn't apply.
I'm trying to find the document they sent me that shows what is/isn't covered (probably deleted as I didn't renew) but I do remember the 'big' items like gearbox and engine didn't cover leaks, and the 'common' gearbox issue generally started with a dump of oil (leak) so would not be covered. As I knew someone that had had this exact issue I asked the service dept and they confirmed it wouldn't be covered. .
My brother’s didn’t leak before it went, just couldn’t get all the gears. That was on a Cali T and a 458 Spider, both the same gearbox.I'm trying to find the document they sent me that shows what is/isn't covered (probably deleted as I didn't renew) but I do remember the 'big' items like gearbox and engine didn't cover leaks, and the 'common' gearbox issue generally started with a dump of oil (leak) so would not be covered. As I knew someone that had had this exact issue I asked the service dept and they confirmed it wouldn't be covered. .
Paid £2500 for my extended warranty { + inspection) in March which included the 30% discount, have always had it under warranty since new.
Ferrari also do a very good combined deal that includes the yearly service with warranty that a lot of people don’t know about but certainly worth enquiring. I was told about this by a technician at Dick Lovett and HR Owen had no idea it existed.
Ferrari also do a very good combined deal that includes the yearly service with warranty that a lot of people don’t know about but certainly worth enquiring. I was told about this by a technician at Dick Lovett and HR Owen had no idea it existed.
OP, how’s the search going? If you can negotiate a Ferrari Warranty extension, maybe this is worth a look.
https://www.top555.co.uk/stock/details/Ferrari-458...
https://www.top555.co.uk/stock/details/Ferrari-458...
supersport said:
I don’t think I have any decent photos of it, real shame and it’s too late to go into the garage.
This video is from when I bought it, sadly it’s no longer in the sold gallery.
https://www.youtube.com/watch?v=PPrEpu_zHT8
Yes very nice SupSp, just prefer the forged wheels option. Grigio Silverstone is a timeless shade, looks good on any Ferrari.This video is from when I bought it, sadly it’s no longer in the sold gallery.
https://www.youtube.com/watch?v=PPrEpu_zHT8
Yeah, I’ve actually kept a keen eye on that one—but I was after something a bit more 'Rosso' to be honest.
I really liked the 458 Joe Macari had up for sale—it matched my spec perfectly and still had 6 months of warranty on it. Then I noticed it’s been sold! Link to listing: https://www.joemacari.com/stock/ferrari-458-italia...
If I don’t find the right spec soon, I might just give in and go for something like what you’ve listed—at least for the time being.
I was also trying to make the maths work on the Speciale, but that one might need to wait a bit longer
I really liked the 458 Joe Macari had up for sale—it matched my spec perfectly and still had 6 months of warranty on it. Then I noticed it’s been sold! Link to listing: https://www.joemacari.com/stock/ferrari-458-italia...
If I don’t find the right spec soon, I might just give in and go for something like what you’ve listed—at least for the time being.
I was also trying to make the maths work on the Speciale, but that one might need to wait a bit longer
Hi all,
I’ve come across a Ferrari 458 with under 5,000 miles on the clock and a very desirable spec. Overall condition looks excellent and it’s been SORN’d and stored indoors since 2021.
However, the last recorded service was also in 2021. It hasn’t had the annual servicing Ferrari usually expects to keep things up to spec, which leads me to two questions:
1. Would this car still qualify for the Ferrari Power Warranty, or would the missed/late services automatically disqualify it? Has anyone had experience reinstating eligibility after bringing a car up to date?
2. More broadly — I know the general advice here is to avoid “garage queens.” While I’m not overly concerned about resale, I am thinking about long-term reliability. What kind of issues should I expect from a 458 with ultra-low mileage but patchy servicing?
Appreciate any insight from those who’ve dealt with similar situations.
Thanks!
I’ve come across a Ferrari 458 with under 5,000 miles on the clock and a very desirable spec. Overall condition looks excellent and it’s been SORN’d and stored indoors since 2021.
However, the last recorded service was also in 2021. It hasn’t had the annual servicing Ferrari usually expects to keep things up to spec, which leads me to two questions:
1. Would this car still qualify for the Ferrari Power Warranty, or would the missed/late services automatically disqualify it? Has anyone had experience reinstating eligibility after bringing a car up to date?
2. More broadly — I know the general advice here is to avoid “garage queens.” While I’m not overly concerned about resale, I am thinking about long-term reliability. What kind of issues should I expect from a 458 with ultra-low mileage but patchy servicing?
Appreciate any insight from those who’ve dealt with similar situations.
Thanks!
CasioPasio said:
Hi all,
I ve come across a Ferrari 458 with under 5,000 miles on the clock and a very desirable spec. Overall condition looks excellent and it s been SORN d and stored indoors since 2021.
However, the last recorded service was also in 2021. It hasn t had the annual servicing Ferrari usually expects to keep things up to spec, which leads me to two questions:
1. Would this car still qualify for the Ferrari Power Warranty, or would the missed/late services automatically disqualify it? Has anyone had experience reinstating eligibility after bringing a car up to date?
2. More broadly I know the general advice here is to avoid garage queens. While I m not overly concerned about resale, I am thinking about long-term reliability. What kind of issues should I expect from a 458 with ultra-low mileage but patchy servicing?
Appreciate any insight from those who ve dealt with similar situations.
Thanks!
You need to understand from the owner how it has been stored. If it’s been started a run to temp at least every month or so or has it literally been sat there completely unused. If it’s the latter, which is likely given they haven’t even serviced it, then I’d probably avoid it, it might be completely fine but what’s the point in taking that risk. Keep the search going…I ve come across a Ferrari 458 with under 5,000 miles on the clock and a very desirable spec. Overall condition looks excellent and it s been SORN d and stored indoors since 2021.
However, the last recorded service was also in 2021. It hasn t had the annual servicing Ferrari usually expects to keep things up to spec, which leads me to two questions:
1. Would this car still qualify for the Ferrari Power Warranty, or would the missed/late services automatically disqualify it? Has anyone had experience reinstating eligibility after bringing a car up to date?
2. More broadly I know the general advice here is to avoid garage queens. While I m not overly concerned about resale, I am thinking about long-term reliability. What kind of issues should I expect from a 458 with ultra-low mileage but patchy servicing?
Appreciate any insight from those who ve dealt with similar situations.
Thanks!
CasioPasio said:
Yeah, I ve actually kept a keen eye on that one but I was after something a bit more 'Rosso' to be honest.
I really liked the 458 Joe Macari had up for sale it matched my spec perfectly and still had 6 months of warranty on it. Then I noticed it s been sold! Link to listing: https://www.joemacari.com/stock/ferrari-458-italia...
If I don t find the right spec soon, I might just give in and go for something like what you ve listed at least for the time being.
I was also trying to make the maths work on the Speciale, but that one might need to wait a bit longer
Hi Casio, May I ask what spec exactly you’re after? I’m currently considering giving my 458 to the supplyingI really liked the 458 Joe Macari had up for sale it matched my spec perfectly and still had 6 months of warranty on it. Then I noticed it s been sold! Link to listing: https://www.joemacari.com/stock/ferrari-458-italia...
If I don t find the right spec soon, I might just give in and go for something like what you ve listed at least for the time being.
I was also trying to make the maths work on the Speciale, but that one might need to wait a bit longer
Ferrari dealer on SOR and it’s very similar to the one joe Macari sold.
FuzzBuzz said:
Hi Casio, May I ask what spec exactly you re after? I m currently considering giving my 458 to the supplying
Ferrari dealer on SOR and it s very similar to the one joe Macari sold.
Hi Fuzz, yeah sure sounds good. Ferrari dealer on SOR and it s very similar to the one joe Macari sold.
Italia/Spyder
Colour either Rosso Corsa or Giallo Modena
Interior nero/brown/tan
Carbon Seats
Carbon Steering
Carbon bridge/dashboard (not deal breaker though)
Milage sub 20K ideally but not deal breaker if history is good
Full FFSH
Let me know if it's close to what you have and happy to have a chat...
FYI for anyone interested, this is the car I've found: https://collectingcars.com/for-sale/2011-ferrari-4...
It's auction site which makes these car even more of a gamble
But I will be doing a full PPI once I've got a bit more information on it's storage/history.
It's auction site which makes these car even more of a gamble
But I will be doing a full PPI once I've got a bit more information on it's storage/history.CasioPasio said:
Hi Fuzz, yeah sure sounds good.
Italia/Spyder
Colour either Rosso Corsa or Giallo Modena
Interior nero/brown/tan
Carbon Seats
Carbon Steering
Carbon bridge/dashboard (not deal breaker though)
Milage sub 20K ideally but not deal breaker if history is good
Full FFSH
Let me know if it's close to what you have and happy to have a chat...
Hi, yes it ticks all those boxes, Rosso Corsa, tan, carbon race seats/steering bridge/dash, 16k mile, plus lift etc and also full paint correction and PPF and ferrari warranty for another 4months.Italia/Spyder
Colour either Rosso Corsa or Giallo Modena
Interior nero/brown/tan
Carbon Seats
Carbon Steering
Carbon bridge/dashboard (not deal breaker though)
Milage sub 20K ideally but not deal breaker if history is good
Full FFSH
Let me know if it's close to what you have and happy to have a chat...
If you enable your account to receive direct messages I’ll send you details.
FuzzBuzz said:
Hi, yes it ticks all those boxes, Rosso Corsa, tan, carbon race seats/steering bridge/dash, 16k mile, plus lift etc and also full paint correction and PPF and ferrari warranty for another 4months.
If you enable your account to receive direct messages I ll send you details.
That's great! Can you see if you can message now?If you enable your account to receive direct messages I ll send you details.
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