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Extended Warranties

Discussion in 'Ferrari Discussion (not model specific)' started by Ronz, Jan 17, 2006.

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  1. Ronz

    Ronz Rookie

    Mar 3, 2004
    3
    #1 Ronz, Jan 17, 2006
    Has anyone bought an extended warranty from Ferrari on a used 360, or any other Ferrari for that matter? There are a few levels of coverage and I was looking for someone to help clear the confusion. Thanks!
     
  2. frefan

    frefan F1 Veteran

    Apr 21, 2004
    7,370
    #2 frefan, Jan 17, 2006
    Unless its a Ferrari warranty, my experience is they're not worth the paper they're written on.
     
  3. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,600
    Gates Mills, Ohio
    Full Name:
    Jon
    #3 Bullfighter, Jan 17, 2006
    I'd agree. Big downsides are that independent warranty companies can go out of business for a number of reasons, some perfectly legitimate. The other is that the scope of coverage is carefully calculated to make sure that you lose.

    If it's a 360, it might qualify for Ferrari's certified program - if you buy from an authorized dealer.
     
  4. frefan

    frefan F1 Veteran

    Apr 21, 2004
    7,370
    #4 frefan, Jan 17, 2006
  5. SrfCity

    SrfCity F1 World Champ

    Nov 1, 2003
    10,142
    Orange County, CA
    #5 SrfCity, Jan 17, 2006
    The Power Cube will cost you over $7K with the belts done.(requirement) If it's a good car then you'd be better off just handling stuff as it comes up.
     
  6. vandevanterSH

    vandevanterSH F1 Rookie
    Silver Subscribed

    Jan 27, 2005
    3,200
    AR
    Full Name:
    Stephen Van Devanter
    #6 vandevanterSH, Jan 17, 2006
    The extended warranty is obviously insurance against a catastrophic drive train failure. When I purchased a used 575, I knew I would enjoy the car more with the insurance. I paid ~4.5k for two years of extended Ferrari warranty. I have had a bad left cam drive bearing + gears and half-shafts replaced under warranty w/o problems. How lucky do you feel? I sleep better with the insurance.

    Steve
     

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