Discussion
Ferrari are on a totally different level to McLaren I would say with reliability. You would need a really good sense of humor to run a Mac with no warranty.
That said I don't think I would run the 458 without the warranty I have 2 years having bought from a main dealer so at the end of that 2 years I'll have to make a choice I guess. Logically there is only one winner with any warranty but I wouldn't like to think how much a gearbox or engine is on a 458! I would rather pay the 3k or whatever it is and not have the doubt in my mind!
That said I don't think I would run the 458 without the warranty I have 2 years having bought from a main dealer so at the end of that 2 years I'll have to make a choice I guess. Logically there is only one winner with any warranty but I wouldn't like to think how much a gearbox or engine is on a 458! I would rather pay the 3k or whatever it is and not have the doubt in my mind!
I have a 2014 458 Spider I've had from new and a 2015 F12 I've owned from nearly new. They both tour Europe annually so have 25k + miles on each.
To date I have extended the warranty through Ferrari but I'm 99% decided I'm not going to bother moving forwards. I've had no issues with either car that came under warranty and less and less is actually covered by Ferrari warranties as the cars get older.
The 458 has had a set of front pads, a roof mechanism cable and a repair to the front under tray and that's it. The F12 had an electrical issue where the car would labour to start on road trips (never at home where it's on trickle every night) and the stereo (JBL) would play with no sound. Turned out that one of the cables in the loom somewhere wasn't carrying enough ampage. Ferrari fixed it, said it was a warranty claim, I said they could bugger off, it was a manufacturing fault and a recall and they agreed in the end without too much tooing and froing.
Other than that they've just had tyres. The F12, oddly given it's the more powerful of the two, gets driven more gently as I tour with my Mrs in that. It's had one set of tyres in the 5 years and 25k plus miles I've owned it. Still on original pads. The 458 though gets driven harder as I tour in that with my mates and it's had a new set of rears every year and new fronts every other year.
That's the full ownership 'costs' rather than just warranty I know but it gives you an idea of running these cars over 50k plus miles.
I keep looking at the new models and know I would regret swapping so to my mind the £100k per car I would spend to swap for the new cars easily covers any repairs on the cars that I love.
To date I have extended the warranty through Ferrari but I'm 99% decided I'm not going to bother moving forwards. I've had no issues with either car that came under warranty and less and less is actually covered by Ferrari warranties as the cars get older.
The 458 has had a set of front pads, a roof mechanism cable and a repair to the front under tray and that's it. The F12 had an electrical issue where the car would labour to start on road trips (never at home where it's on trickle every night) and the stereo (JBL) would play with no sound. Turned out that one of the cables in the loom somewhere wasn't carrying enough ampage. Ferrari fixed it, said it was a warranty claim, I said they could bugger off, it was a manufacturing fault and a recall and they agreed in the end without too much tooing and froing.
Other than that they've just had tyres. The F12, oddly given it's the more powerful of the two, gets driven more gently as I tour with my Mrs in that. It's had one set of tyres in the 5 years and 25k plus miles I've owned it. Still on original pads. The 458 though gets driven harder as I tour in that with my mates and it's had a new set of rears every year and new fronts every other year.
That's the full ownership 'costs' rather than just warranty I know but it gives you an idea of running these cars over 50k plus miles.
I keep looking at the new models and know I would regret swapping so to my mind the £100k per car I would spend to swap for the new cars easily covers any repairs on the cars that I love.
Edited by _Leg_ on Friday 1st January 01:25
I'm running mine without warranty. The car has been absolutely bulletproof in the years I did have warranty, and didn't require a single item attended to. At its final service before the warranty ran out they couldn't find a single thing to even report. Looking around I can find almost zero stories of any regular issues with engine/gearbox, they do see extremely reliable.
The most common issues are with battery and leaking dampers, both of which aren't covered by the warranty anyway.
The most common issues are with battery and leaking dampers, both of which aren't covered by the warranty anyway.
Thanks for the replies, as I thought. I am actually considering McLaren vs 458 & totally agree running a Mc without warranty would very high risk looking at the feedback and experiences from owners on various forums. This is why some man maths kicked in and IF I could save £4/5k year on a Mc warranty I could spend more to get up to a 458.....As mentioned it's just do I want to take the risk of an engine or gearbox failure of tear inducing proportions albeit very unlikely..
And as a footnote I have spent £4500 over past 6 years on Porsche warranties and have only had a cup holder replacement and loose hose leak done in that time, so maybe I'm getting a bit over confident...
And as a footnote I have spent £4500 over past 6 years on Porsche warranties and have only had a cup holder replacement and loose hose leak done in that time, so maybe I'm getting a bit over confident...
A warranty is an insurance policy. That is how companies make money. In theory it is better to put that premium away, year by year, into a car fund. Then, if you are lucky, you will have a significant 'nest egg' if anything goes wrong. I suppose it is all about how you drive and annual mileage. It is all about risk. Careful driving, low mileage and no track days = low risk and hence probably worth not paying for a warranty, which in any case will not cover everything.
Hi guys, should be collecting my 458 next week hopefully and wondering if the warranty direct was better than the Ferrari power warranty which I hear does not cover any leaky bits which seems pointless, now having read the thread I’m looking at possibly not paying for a warranty and just putting money away instead, also anyone got a rough price for an 8th year service from a Ferrari main dealer ?
When I bought my used Ferrari from HR Owen Ferrari, added on all sort of protections, such warranty, tyre insurance, scratch insurance, etc added few £k to costs, and even extended warranty during ownership to more £k costs but never had a problem, so feel all that extra warranty money went down the drain.... but the bright side being that the Ferrari was very reliable.
Lynxjock said:
Hi guys, should be collecting my 458 next week hopefully and wondering if the warranty direct was better than the Ferrari power warranty which I hear does not cover any leaky bits which seems pointless, now having read the thread I’m looking at possibly not paying for a warranty and just putting money away instead, also anyone got a rough price for an 8th year service from a Ferrari main dealer ?
Warranty Direct are closing down, they're not taking on any new businessJust my 2p for what its worth.
Most 3rd party "warranty wise", warranty directy", "warranty we will pay up", "warranty what did yoiu say your name was again" are not worth the paper they are printed on. So many caveats nowadays and it would lead me to belive that only "proper" manufacturer warranties are worth having.
As for having one or not, law of averages says you are financially better off not having one. That being said, you would have to have a super sence of humour if you were to ever own a Mac (or a Land Rover) without one. I think generally any modern Fez, Lambo & Porka are good to run without one.
Most 3rd party "warranty wise", warranty directy", "warranty we will pay up", "warranty what did yoiu say your name was again" are not worth the paper they are printed on. So many caveats nowadays and it would lead me to belive that only "proper" manufacturer warranties are worth having.
As for having one or not, law of averages says you are financially better off not having one. That being said, you would have to have a super sence of humour if you were to ever own a Mac (or a Land Rover) without one. I think generally any modern Fez, Lambo & Porka are good to run without one.
Just come to then end of my 2-year dealer warranty on my 458 Italia and i will not be renewing. Only issue the car has had was a leaking damper and i agreed to split the cost of replacing the pair with Ferrari. Serious issues seem to be few and far between and everything else seems to be argued as not covered by warranty so don't see the value in it.
Lynxjock said:
Hi guys, should be collecting my 458 next week hopefully and wondering if the warranty direct was better than the Ferrari power warranty which I hear does not cover any leaky bits which seems pointless, now having read the thread I’m looking at possibly not paying for a warranty and just putting money away instead, also anyone got a rough price for an 8th year service from a Ferrari main dealer ?
I've owned my 458 for five years, it's a 2010 plate and has now covered 19,000 miles. It was very low mileage when bought but I've averaged about 2,500 miles each year. Only issues I've had was an alarm problem which eventually was traced to a dodgy backup battery in the siren. Never bothered with a warranty just kept my fingers crossed!Always serviced at Graypaul Nottingham, standard service has been £870 and extended service £1150. It needed plugs last service and rather than pay for Ferrari tax I bought the same NGK plugs from a local motor factor, which were about 1/4 the Ferrari price, and got Graypauls to fit them.
I've just gone through a similar dilemma. My car is a 2012 Italia, Maranello 2 year warranty just expired at the same time as the major service, MOT etc. Service cost was £1750, Power Warranty cost would have been £3250. quite a costly exercise so decided to not go ahead with the warranty but went ahead with the pre warranty check, cost £400, car was given a clean bill of health so money well spent. Mileage is just under 18,000m.
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