Ferrari Warranty Options and Pricing as of 8/18/2022

As of 8/18/2022 the following information is correct for FNA. Pricing, options, etc are always subject to change. Power 15, MainPower15, and LaFerrari Power require in person inspections of the chassis. Services have to be current. Aftermarket add ons can affect the approval process. Total Loss, Stolen Vehicles, and other situations may keep a chassis from passing the inspection process.


V8
$10,800 Extended Coverage Plus 2 years
$6,900 Extended Coverage Plus 1 year
$4,900 Power 15
$5,300 Main Power 15

v12
$14,500 Extended Coverage Plus 2 years
$9,500 Extended Coverage Plus 1 year
$6,300 Power 15
$6,700 Main Power 15

SF90
$14,500 Extended Coverage Plus 2 years
$9,500 Extended Coverage Plus 1 year

La Ferrari
$28,060 la Ferrari Power
2 years coverage, including the Hy-Kers, the next 2 years annual services, round trip enclosed transport to the closest Ferrari Dealership, roadside assistance, and may be purchased up to the 8th year!
Currently no coverage available past the 10th year, but that can change. Best part, the La Ferrari does not have to be under warranty currently to qualify, but it does have to be up to date on services and an inspection is required to initiate that is an additional cost.

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Extended Coverage Plus = Same coverage as under the initial 3 year factory warranty

Power 15 = Used to be called New Power Warranty, new name, same coverages + a few more items

Main Power 15 = Used to be called Main Power Warranty, new name , same coverage as Power 15 but it includes the NEXT annual service.

Ferrari SpA sets pricing and while there is profit, it's not absorbent, and while negotiable, I wouldn't expect any dealership to do it. ( $250.00 off for active FCA or FC Members in good standing would be a great offer if presented )

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Renewal Discounts

Power 15 15% Discount for renewal and a further 15% discount if there are no warranty claims during the previous warranty period. The second discount can only be used if the first condition is valid.

MainPower15 10% Discount for renewal without interval. For MainPower15 there is only one discount.

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For what is and is not a covered item for any of the above options, please speak with your dealer, that way there are no assumptions or misunderstandings.

I am certainly happy to help, where I may.





Steve

 

IMO

Every Dealership I am aware of charges to perform the required inspection.

Warranty Extension, not so much (We do not charge for this inspection)
Power 15 or MainPower15 - the v8 inspection is close to 7 hours , the V12 inspection closer to 8 hours, when performed correctly. So yes, there would be a charge.
La Ferrari - Also, an extensive inspection and application process.

There is not enough profit to cover the cost of the inspection.

Steve

 

In order for a Ferrari to be considered Certified Pre Owned ( CPO ) it must have been purchased through a Ferrari Dealership.
CPO means that it has gone through an inspection process and brought up to Ferrari SpA standards. It does NOT mean that it is a 100% perfect showroom new condition, so read the clearly written details when considering a CPO Ferrari. One of the biggest advantages of the CPO program is that the Ferrari will come with 2 years of whichever warranty option is available at that time. ( Example: 2 years of Power15 for the price of 1 OR 2 years of extended coverage for the price of 1 ) This special is only available if you purchase your Ferrari from a Ferrari dealership.

Pretty much any current Ferrari my be presented for Power15, Main Power15, or even Extended Coverage. The Ferrari would have to be inspected at a Ferrari Dealership, be currently serviced per Ferrari SpA guidelines, and pass said inspection criteria. Then the application would be submitted for approval, usually within 24-48 hours.
NOTE: Not ALL Ferrari are eligible, so please ask your dealer contact to confirm.


This is all complicated and seems to be evolving all the time.

S

 

Not all pre-owned Ferrari are CPO. Dealerships choose which Ferrari to perform the required inspection on in anticipation of sale. A buyer may come in and request a Ferrari be certified, obviously there are cost associated with that, that would be worked in to the purchase price / deal ( It's far from free ) and anything found during the inspection would have to be addressed prior to sale.

CPO standards are across the board. How much additional reconditioning beyond the CPO portion, however is up to each Dealership.

S

 

That's a good question, I have been speaking about USA only, but I will look into your question.

SpA pays FNA for warranty claim , FNA pays Dealership for warranty claim has been my understanding.
Said another way..
Client comes to dealership with warrantable repair request
Dealership gets FNA approval for warranty repair
FNA submits claim to SpA for approval / payment of said warranty claim

Some warranty repairs, the dealership just performs. Then, there are claims that the dealership has to get FNA pre-approval. Then beyond that, FNA has to get factory approval for some warranty claims before approving the dealership to perform said warranty repair. **

S


** The warranty claim process is even more complicated and ever changing, way too much to share in the venue. ;-)

 

Nick,

1. Power15 may be used at any Ferrari Dealership in NA

2. Currently, yes the car has to be inspected each year to confirm it still qualifies.

3. PM to follow

Happy to help,

Steve

 

15 years old.

I would suggest having the chassis confirmed in MODIS if a Ferrari you are considering is getting close to the 15 year mark.

Steve

 

Send me the last 6 of your VIN, I will look it up tomorrow morning and let you know!

Steve

 

Adding 6th & 7th year is definately the way to go, I've added them to my own car whenever possible!

S

 

$50,000 sounds fair enough

I for one would like to follow along your ownership , year over year, if you are willing to create a stand alone thread.

Best wishes,

Steve