Extended Warranty on 488 | FerrariChat

Extended Warranty on 488

Discussion in '458 Italia/488/F8' started by SoCal to az, Sep 24, 2018.

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  1. SoCal to az

    SoCal to az F1 World Champ
    Silver Subscribed

    Nov 25, 2012
    15,092
    Arizona
    Anyone know the cost? There were a few threads on this but they all had differing info. Mine will run out next year so seeing the options of keeping the car, changing the car. Love the 488 but if I keep it, will want an extended warranty for peace of mind.

    appreciate it.
     
  2. Viperjoe

    Viperjoe F1 Rookie
    Silver Subscribed

    I’ve heard that the cost is ~$4500/year.


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  3. SAFE4NOW

    SAFE4NOW F1 Veteran
    Sponsor Owner

    Aug 25, 2004
    5,836
    Dallas Texas
    Full Name:
    If you know you know
    1 Year warranty extension will run you $6.300 msrp
    2 Years or warranty extension will run you $ 9.900 msrp
    after that New Power Warranty will run you $4,500 msrp ( Per year up to the 15th year )

    ** Each of the above are before any discounts

    Steve
     
  4. SAFE4NOW

    SAFE4NOW F1 Veteran
    Sponsor Owner

    Aug 25, 2004
    5,836
    Dallas Texas
    Full Name:
    If you know you know

    New Power Warranty for a eight cylinder is $4,500 per year up to the 15th year.

    There are discounts for renewal and if you had no claims in the previous year that may total $750.00

    S
     
  5. Melvok

    Melvok F1 World Champ
    Owner Silver Subscribed

    Jul 25, 2008
    14,268
    Amersfoort, The Netherlands, Europe.
    Full Name:
    Mel
    We have seen HUNDREDS of exactly the same Q's about this in the 458 discussions …. :eek:

    Read them please ...
     
  6. SAFE4NOW

    SAFE4NOW F1 Veteran
    Sponsor Owner

    Aug 25, 2004
    5,836
    Dallas Texas
    Full Name:
    If you know you know
    At least my answers are consistent... ;-)

    S
     
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  7. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,914
    France
    I just paid EUR 7500 for two years in France (that includes 20% VAT).
     
  8. Joseph Lombardi

    Jul 10, 2018
    5
    @SAFEFORNOW. I have a 2019 488. Extended my factory warranty which had expired unknowingly. I'm a little bit peeved because I understand now they are extending the opportunity to carry it out to seven years and I missed my window. I now have a powertrain warranty available to me for $6500 per year. Should I be pissed at Ferrari dealership for not letting me know? Or should I try to negotiate a better price for the powertrain warranty as a consolation for my emotional distress?
     
  9. mkraft3003

    mkraft3003 Formula 3
    Silver Subscribed

    Aug 20, 2016
    2,389
    Tampa, Fl
    Neither. Up to end use to know when about their warranty and the price should be a set price.
     
  10. mdrums

    mdrums F1 Rookie

    Jun 11, 2006
    3,469
    Tampa FL
    Why do you think that it’s the dealers and the manufacturer responsibility to keep up with your warranty?
     
    05F430F1 likes this.
  11. You should fire the man in the mirror.
     
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  12. 05F430F1

    05F430F1 F1 Rookie
    BANNED

    Oct 22, 2005
    3,600
    Fort Lauderdale, Florida
    Full Name:
    Todd
    First person I know of that actually would’ve really appreciated, “Hi this is Amy, I’m calling about your vehicle’s extended warranty”.


    Sent from my iPhone using FerrariChat
     
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  13. Joseph Lombardi

    Jul 10, 2018
    5
    You're absolutly correct...
     
  14. Joseph Lombardi

    Jul 10, 2018
    5
     
  15. Joseph Lombardi

    Jul 10, 2018
    5
    Well, truthfully, If I'm in sales (which I'm not) would'nt you like to keep track of selling oppurtunities ? Also, is it a stratch to think after dropping 330K, the system would be more concierge like ? My porsche dealer keeps me informed so there's precedent. But, as you guys kindly point out.. I'm the dumb ass for letting it expire !
     
  16. mdrums

    mdrums F1 Rookie

    Jun 11, 2006
    3,469
    Tampa FL
    On my yearly service my dealer will told me I was getting close and presented me with extended warranty options for my 488. I knew the 1st 2 extended years were expiring though. It is truly up to you the owner to purchase the extended warranty and not the dealer to constantly bug you about selling you the warranty.
     
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  17. mdrums

    mdrums F1 Rookie

    Jun 11, 2006
    3,469
    Tampa FL
    @Joseph Lombardi so since your warranty expired... can't you still get your car certified and purchase a 2yr extended?
     
  18. Joseph Lombardi

    Jul 10, 2018
    5
    No, I missed the window. I can only get the power train for $6500 per year ..
     
  19. Mrpseudonym

    Mrpseudonym Formula Junior
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    Nov 7, 2020
    602
    Sydney, Australia
    Think of the money you have just saved
     
  20. Viperjoe

    Viperjoe F1 Rookie
    Silver Subscribed

    There are a myriad of reasons why one might get pissed at a Ferrari dealer. Owners of luxury exotics have an expectation that dealers will perform at a level commensurate with the value of the car. Wrong assumption. Ferrari dealers are simply typical car dealers that do what car dealers do - screw over their customers in one way or another. Rant not over.
     
    Xrayv8, Cigarzman and mdrums like this.

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