Best Warranty for my 458 - but not Ferrari Warranty

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Hi all,
i'm a very happy owner of my "new" Ferrari 458 since October. I am just blown away by the car - given it is my first Ferrari and having owned a vast array of different super cars before it, i think i am well and truly hooked by the prancing horse!

What i wanted to ask was in respect to warranty - i really do not want to spend 3k or whatever it is on renewing the ferrari power warranty, given what i have heard from many, it actually doesn't cover much after the engine and gearbox.

So my question is, whats the best 3rd party warranty that can be suggested for a car like this? - i have heard a few people on here mention warranty direct and warranty wise for example. Any views on this topic would be greatly appreciated.

cheers.

[nbot]

this is very useful information. i was not aware of this. it would certainly suggest that if Ferrari were to recommended a warranty other than their own, warranty wise might be the one.

cheers

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i had a quote generated from Warranty Direct on the 1st October.... surely they haven't stopped doing 458's since then?

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So I decided to go for a warranty wise 12 month warranty on my 458 as warranty direct do not cover the car anymore. I really managed to drive down the price of the warranty - in the end I paid £1425 with £500 excess for the warranty. A good price for piece of mind for the next 12 months. Fingers crossed nothing will go wrong with the car but given I have a number of road trips planned over the summer, the peace of mind was essential.

[nbot]

Hi all,
So i thought given I thought i would give everyone an update on this subject given i was the OP. I ended up taking a Warrantywise warranty which started at the end of Feb. I have recently had a faulty rear wheel bearing diagnosed. I took the car to both Ferrari and a place called AV engineering, who both diagnosed the same issue. I opted to go for AV engineering as in my warranty policy i elected for cover of up to £100 per hour inc VAT for labour. We submitted the claim to Warrantywise on Saturday afternoon and they came back today immediately saying that they would pay for it. No questions or squabbles. i am very impressed. they will send me a cheque this week i have an excess of £500 and AV have now ordered the part and will proceed with the work.

Happy days.

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Ken Figenus said:

If your excess is £500 I cant imagine they are going to get a big bill? I did one once on my TVR - £40 and a couple of hours with a lumphammer

On another note does anyone know what happened to the M5 guy with a big rejected claim - he has a blog but its private access now...

the total bill for the work all in is £2300 - so in the grand scheme of things not a huge amount - I am sure if the bill was 10k they would probably scrutinise more, never the less in a world where there is a lot of negativity around car warranty, this has worked out very well, you have to give them kudos for that.

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davek_964 said:

How on earth is it that much for a wheel bearing? Does Ferrari only sell the bearing with a wheel attached????

its not just the bearing, its the hub/cage as well its all one unit - you cant just buy the bearing on its own, so the part is actually very expensive. Come on, you don't expect anything to be logical or priced efficiently with a Ferrari... these cars are such diva's!! haha!