Ferrari Warranty for 2000 360: whats it worth?

Hi everyone!
New to the board. Thanks for all the information. I am looking for a 360 Modena and took one for a test drive yesterday. Absolutely amazing! THe details about the car:

2000 Titanio Grigio/Bordeaux 5500 miles Manual Transmission (Shields, Calipers, Rear Challenge, CD changer, Daytona Seats); 2 year service complete. Front and Rear bumper sprayed, Replaced Ring Gears and Main Seal.

Interesting thing is, it comes with a One Year Ferrari Warranty. Its not bumper to bumper, but covers most of the big items.

Dealer wants 135 000, which is a bit much IMO, but how does the warranty factor in? In other words, whats it worth?

Thanks much everyone. Hope to meet some of you at some events soon.

Rick

 

I did some research when I purchased my 2000 360 modena. At that time, the aftermarket warranties for 24 months ran about $10k so probably worth in the ballpark of $5k if you have a claims that is approved and gets paid (read the find print). It depends also upon how many miles you plan on driving.

If you do a search on fchat re: extended warranties, you will find various perspectives from people who have had both good and bad experiences with them. Also do a search on 2000 360 - there are many threads in the MODERN section outlining common issues to look out for when purchasing a 2000 model year.

BTW, if this thread gets moved, you can find it in the MODERN section.

 

P.S. Welcome to the board.

Happy reading!

 

If you get the Power Cube Ferrari Warranty it'll cost you about $7,500 by the time you add the required belt change servicing.

 

Wow, didn't know that the warranty was worth that much. I will have to take that into account when pricing the vehicles. The 360 I am looking at only has a one year warranty which is an actual Ferrari "sponsored" warranty. Does this mean its not the "power cube" warranty?

Thanks again.

Dammit...now I am thinking of red/tan again. The Titanium/Bordeaux was stunning, but...