HELP - 458 or 488 purchase (with details)

Ferrari offers you the chance to extend the warranty period by a further 12 or 24 months once the manufacturer’s warranty expires. 100% everything is covered.

They went cheap on you and gave you the power warrantee. However I will check and see if Turbos are covered but im sure they are

The New Power extended warranty covers the following components: • engine; • transmission; • suspension; • steering; • electrical system

 

Ild worry about the 14 plus compression. Wrong fuel and !!! Also N/A isnt that crash hot with altitude.

 

Congratulations on the car! I really do like that spec, very nicely done

 

Well done !

Enjoy her when she comes.

Always keep her on the charger. Ask if it has a new battery. IMO I would change it as soon as you get her.

Invest in a starter. You will need it one day. The day it doesn't start or the day when your dash lights up like a Christmas tree. DO NOT PANIC. Its just the battery and the car.

 

Just checked.

The Turbos are covered by the extended factory warrantee. Not under the power warrantee presumably because its not mentioned. The power warrantee has not been revised for a long time so it could be included.

My dealer cannot say as they haven't had a Turbo failure on the OEM engine yet. They have had 2 with tuned engines and that is a no no so a claim cannot be made.

Having said that in Australia the consumer laws are all geared for the customer. Our governing body that a typical car should run for 10 years plus and 150,000 kms based on the cost. Given the cost of a Ferrari and paying the power warrantee there is absolutely no way Ferrari would not repair the car.

Should look into your consumer laws.

 

Sadly, no such protection exists in the UK and Ferrari is well known to reject claims on anything not specified on the coverage.

In the UK, the Ferrari Extended Warranty can only apply in year 4&5, after that the only option is the New Power warranty so on a 2016 there’s no choice.

I’m from the US though and so would be curious to know if it’s different there. Certainly most other manufacturers ‘certified’ or ‘approved’ warranties look much more like the original full coverage warranty.

Anyway, apologies to the OP for the diversion. Congrats on the new car… I find myself looking for any excuse to take it out as it’s a very daily driveable car and I can already tell that this won’t be my last Ferrari (already looking at Pistas). I’ve lurked on fchat for a little while and have learned a ton and understanding some of the quirks (such as the implications for a weak battery) will no doubt lead to a much more positive ownership experience. Oddly (for me), the minor quirks make it seem more special in some ways.

 

I went with Grigio Ferro with a Nero and Cioccolato interior. It's an unusual combo but really like the way the Cioccolato goes with Ferro. Apologies for the poor resolution interior pic... this was a dealer pic and I need to take some good ones.

Notable options (other than CF bits and racing seats) include JBL hi fi and Apple CarPlay... may seem odd but I was keen on CarPlay

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Beautiful Car! Congrats on your new car!

 

I bought a 488 over a 458 because I liked the overall look of the car. I didn't buy to resell so i bought what I liked better. Regardless of your decision or my opinion, I think you would be happy with both.
Joe

 

With both or with either?

 

I was thinking the same thing.

 

I am suggesting he by both, although he would be happy with either.
Joe

 

Congratulations man, I’m a 458 fan and owner but the 488 is still a great car

 

Touchy subject for sure, just google "ferrari 458 price trends" and "ferrari 488 price trends"...you will get carsguru's data on pricing

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It’s not an apples and oranges, it’s just that the 458 is one really sweet apple and the noise is not a small factor.

 

Classic lol


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Buzz - congrats on the 488 purchase! Absolutely beautiful spec and excited for you. I have a very well optioned 458 (was >$350k new) and am biased to 458s generally, but the spec absolutely matters and bonds you to the car IMO. Both would have been fast, exciting, etc. but that 488 spec was just so well done and special, you will appreciate it more because of it and would have thought about it as one that got away. Good news is you were facing the rare win/win decision but made a fantastic choice. Congrats again and enjoy!!