So. - driving home and the red transmission sign comes on and we suddenly have only odd gears working - Knew it was not good - took it in to F of TB and diagnosis was a speed sensor failure - Didn't realize that Ferrari have to double check diagnosis before giving go ahead to dealership - Anyway, nothing new about sensor issues - this one was reading a negative speed when vehicle had stopped - the offending sensor is shown below FYI and this little baby cost me $7k to replace. - 4K was labor. It is guaranteed for 2 years incl parts and labor - oh yes, the sensor cost $1300 - does this episode add weight to buying peace of mind with insurance - maybe, but my experience over the years is that self insuring wins hands down. - I reserve the right to change my mind of course. - still luv my Cali though !