Prospective New Ferrari Owner with some questions about the F12

Welcome to the family in advance of your pending purchase.

1. No , the real question is it a deal breaker for you? You are the one that is going to be driving it!
2. F12 brakes are not measured by mm , they are measured by time, using specialized equipment to get said reading. Visually, you cannot tell.
3. I would go for the car with the most warranty left. But that's just me, the 2016 would have warranty left ( maybe ) and you could extend the factory warranty another year or 2!


Its your car, what do YOU want?


Have fun with your search!

S

 

If the car you chose is still under the 3 year warranty, you have the option of extending the factory warranty into its 4th and/or 5th year.
This is an extension of the factory warranty

New Power Warranty , is a lesser version of coverage, but still a good policy to have, kinda like health insurance on yourself... it covers the expensive stuff!

S

 

Your question 1) and 2) I can't answer accurately therefore is better not to say anything.

3) If price, mileage and condition are equal I would choose the older car with a higher spec option. The F12 when it was sold new could be equipped with original Ferrari extras amounting easily up to $150 K on top of the car base price. There are some cars for sale which are poorly equipped in terms of options and that must be taken into consideration when comparing them with the well equipped cars. The carbon fiber accessories like the steering wheel , the dashboard vents and the console really enhance the visual quality of the interior. In the exterior the carbon fibre extras like the front spoiler, the doors underneath trims, the rear diffuser help to enhance the looking of the car. Personally I also think the diamond wheels are the ones that look better on the F12.

4) The original factory warranty is valid for 3 years and when it ends IMO is compulsory to have the extended power warranty. May be that's because I've had a bad experience with another Ferrari which was diagnosed a faulty sensor in the DCT gear-box. The gear-box was removed twice and everything was done by the dealer with Ferrari supervision under the existing extension power warranty. If I didn't have that extension warranty the bill would have been well above $ 10 K.

Good luck on your search….

 

The CCB are brakes, so they are (unfortunately) considered disposable, and definitely not covered by anything (maintenance nor guarantee). A Ferrari dealer is supposed to be able to provide the percentage of wear of the discs; they should last a long time unless the car is tracked.
The warranty extension is pretty expensive (specially for the V12 cars), so you could avoid it if you are a gambler - I think in most cases you'll save money by not taking it, but with bad luck the costs will make you regret not taking it (since a few major problems will cause stratospheric bills).

 

Here is a copy of what was provided to me when I bought my 599. The cost for one year was about $6k for a v12.

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For 12 Cyl cars ONLY :

$8,700.00 1st year warranty extension
$13,200.00** 4th + 5th year warranty extension
$5,760.00** Year to Year new power warranty 6th year to 15th year

** Before any applicable discounts up to $570 + $570 year over year!

 

As others have said the first two are up to you. Recently I faced the same dilemma and did an analysis of the financial implications of the two different choices and it seem to me that a lower newer car with warranty was a better choice for me. One thing to keep in mind is not only the spec, but the miles and what your intent is for your use moving forward.

As others have said, the warranty in whatever form the car is eligible is a reasonable idea to consider but there are repairs not covered and these cars are expensive. On my Cali, the AC went. The work was 4200 all in, covered under new power. My motor mounts went= that’s on me. On FF the transmission had the sensor repaired under warranty with part of the gearbox replaced. 14 K under warranty. These cars are expensive and stuff not even factor in the consumables the tires etc. that will invariably occur.

I think you find the car that meets your needs with a minimum spec as a minimum. Make a list what you think is important to you. It may be an LED steering wheel and forged wheels,AFS, and lifter. Or CF everything. Race seats. ? So it doesn’t matter If the Msrp was 360 or 415. I will however say this: seems like you pay more for higher spec car and if that does not provide value or utility to you there’s no point in paying the premium. I elected to go for a 2016 rather than a 2014 for a number of reasons although the base car is essentially the same. I also thought given that I actually drive my cars maybe3-5k per year that I did not want a 15000 mile or higher example because in 2-3 years , I would be left with a car with 25-30k miles that is impossible to sell or worth very little as a trade or wholesale. I take very good care of my cars and that seems to not matter when the miles go above 20 or 25,000 in Ferrari’s.


That said there are some seriously Optioned f12s with 15 to 20,000 miles got a real bargains if you’re interested. I’d be happy to point you in the direction as I discussed these cars with their selling places and people shopping. . To each their own and whatever you want to do it only matters that is OK with you.




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I was just quoted $14,300 for the 4th and 5th year. Are these negotiable? Do other dealers offer better pricing by region?

 

The pricing above is " MSRP " , there is minimal mark up at MSRP, so it is possible that some may adjust the price to allow some % of profit.

You may ask , what is included in the $14,300 price. They may include a full detail or warranty inspection..

S