A long warranty probably wouldn’t rank high on the list of reasons to buy a Ferrari, although given how expensive everything surrounding Ferraris is—including the prospect of getting one repaired—an extended warranty might be nice to have. Now the company has extended the warranty options for its cars’ main mechanical components for up to 15 years. Fittingly called the New Power15 extended service coverage, it lengthens the existing, 12-year warranty by offering the ability to buy a 12-month extension each year for three years. The extended coverage costs $4500 for cars with eight-cylinder engines and $5760 for those with V-12s.
The warranty duration applies to the date from when the new car is first registered. It is in addition to Ferrari’s standard, three-year factory warranty, and its seven-year free maintenance program. The three-year bumper-to-bumper coverage also can be extended by two years.
After that, Ferrari owners have the choice to buy the New Power coverage. The New Power warranty covers the car’s engine, gearbox, power take-off unit (PTU), suspension, and steering. The transferable coverage is available for both new and pre-owned Ferraris. It also can be bought for Ferraris that have had warranty coverage expire, provided the car passes a mechanical check-over.
“There is nothing else on the market that is providing this level of coverage,” said Enzo Francesconi, Ferrari North America’s vice president of after sales and operations. Now owners can get some piece of mind with their prancing horse.
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