[costaricaraftguide]

Hi, I found this extended warranty plan for a 1990 Mondial t with 28,000 miles. It just had the 30,000 miles service done for $8000 last spring.

The quote for the warranty plan is $7000 and last for 4 years with unlimited miles. Covers rates up to $125/hour.

Here is what's covered.

http://www.warranties4wheels.com/info/01583_GLW_Titan_UTA.pdf

This could help out anyone looking to buy a Ferrari soon....any thoughts on if this might be worthwhile or if it's too expensive? Thanks!

David

 

[jungathart]

I wouldn't do it. When I got my Mondial, I also looked into these kind of warranties. Even the dealer I bought the car from did not recommend it because of cost effectiveness. Later on, that particular warranty company went out of business due to suits for nonpayment of claims.
Payment is the biggest problem with any of these warranties. Face it, these are used cars, and you buy the best you can afford. A PPI is crucial, and will cost far less than the purchase price of a lemon.
Best

 

[enjoythemusic]

Many of these so called warranty programs might be scams. We had a scammer on another Ferrari board who sold, essentially, what seems to be worthless paper.

 

[Boxer]

I also have never heard anything good about these types of warantees.