Mismatch of Ferrari Approved Warranty vs Hybrid Warranty

[LondonCarGuy]

In looking at pre-owned 296s at eight Ferrari dealers, one issue that has come up is the warranties. Obviously, buying a Ferrari Approved car it will come with a two-year warranty. However, that two-year Ferrari Approved warranty is separate from the hybrid lithium battery.

In the UK, the cars from new come with a five-year hybrid system warranty. So, an early 2022 registered car will see its hybrid battery warranty expire in early 2027.

As a result, some of the older cars are now at an age where their hybrid battery warranty will expire before the Ferrari Approved two-year warranty expires.

As an example, today you buy a Ferrari Approved 2022 296 that was registered new in July '22. The Ferrari Approved two-year warranty will run from Dec'25 to Dec'27. The hybrid battery warranty runs from July '22 to July '27. This leaves a period from August '27 to Dec '27 where you do not have a warranty on the car's hybrid lithium battery.

Many Ferrari dealers have explained that they will cover the cost of the stub period Aug '27 to Dec '27 for the hybrid warranty. However, there are some Ferrari dealers who have explained that they will not cover that stub period. Obviously, you are welcome to on your own go and purchase the Warranty Extension Hybrid for £11,600 plus VAT for 24 months.

The point is that some Ferrari dealers are selling Ferrari Approved cars where the hybrid battery warranty will expire in less than two years. Given how expensive the batteries are to replace (circa £30,000), it's good to pay attention to the dates and warranty schedules.

[DMZ]

A “hybrid system” warranty presumably covers more than the battery? It’s the “system” I would worry about more so than the battery but no doubt worth worrying about all of it. It seems Ferrari is worrying about it too if the warranty extension costs so much.

[LondonCarGuy]

DMZ said:

A hybrid system warranty presumably covers more than the battery? It s the system I would worry about more so than the battery but no doubt worth worrying about all of it. It seems Ferrari is worrying about it too if the warranty extension costs so much.

Yes, you are correct. It covers the hybrid system, not just the lithium battery.

[bennno]

A dealer who brought my 2023 296 back in to stock, was initially concerned that the hybrid warranty inflexible and £11k to extend, but then realised Ferrari permit its dealers to extend for shorter interim periods at a much lower cost.

Try Carrs Ferrari. My former car caused me zero issues, is a great spec and is up for £204k. (No personal interest as they brought outright).

[LondonCarGuy]

bennno said:

A dealer who brought my 2023 296 back in to stock, was initially concerned that the hybrid warranty inflexible and £11k to extend, but then realised Ferrari permit its dealers to extend for shorter interim periods at a much lower cost.

Try Carrs Ferrari. My former car caused me zero issues, is a great spec and is up for £204k. (No personal interest as they brought outright).

Yes, you are correct. Ferrari Dealers can buy six months blocks of hybrid warranty from Ferrari. Some of them are willing to do this, others are not.

I actually did speak to them about your car.

[kbf1981]

I think if you buy the warranty again they replace the battery “free of charge” at some point (7 years?)

I’m sure I remember reading that

Anyway, mines been great, it’s brilliant, and they’re silly value for money now

150k for a 488
200k for an F8
200-250k for a faster, newer, better handling, more fun to drive, with more warranty 296?

It’s the best value car around at 200k or so

[LondonCarGuy]

kbf1981 said:

I think if you buy the warranty again they replace the battery free of charge at some point (7 years?)

I m sure I remember reading that

Anyway, mines been great, it s brilliant, and they re silly value for money now

150k for a 488
200k for an F8
200-250k for a faster, newer, better handling, more fun to drive, with more warranty 296?

It s the best value car around at 200k or so

Be careful. The replacement of the HV lithium battery in year eight is not automatic. What happens in year eight is Ferrari will inspect it. If Ferrari decides that the battery is still functioning to their satisfaction, then they will not replace it. This was explained to me by a manager of pre-owned cars at a Ferrari Dealer. Many people think they they are automatically getting a new free battery in year eight if the car is under warranty. That's not true. Then again, by year eight, I think most of these batteries will be in terrible shape, so most likely Ferrari will have to replace them.

[stevep3]

Does anyone know the price of non OME battery?