Years back there was plenty of chatter on the negatives of extended warranties on the Cirrus and many sided with NOT seeing value… over the years, I found that I did benefit with the 22T extended warranty - especially on the final
Months of the 5th year. I would probably pass on it with the he 22NA as it has a much better maintenance record.
Today, I am faced with the same question with my 2016 Ferrari California T. Dealer wants $10k for 2 years or warranty. It’s a Ferrari warranty and its the same as the dealer new car warranty - just extended.
Hmmm $10k. Sounds high for a $250k car. The Cali was built well. I use it about 7500 miles a year - I truly enjoy it !!
The uncommon repair is the Gear Box. Maybe , 1 of 15 will have a issue before 5 years and the cost is 25k-40k (higher for replacement vs repair).
It seems like a suckers bet, however the warranty is transferable and “maybe” in 18 months I’ll consider selling and getting the Portofino (new edition of the Cali). Than the warranty would be worth 5k in a sale (at least). I’m also thinking I can write off the warranty as a 2 year depreciable tax write off as I use the car 75% for biz.
Question to fellow Copa guys with McClarons, Lambos, and Ferrari’s, would u gamble or is this a no brainer decision.