- Ferrari has introduced two new extended warranties for their plug-in hybrids.
- Customers who opt-in will receive a free battery during their 8th and 16th year of ownership.
- Ferrari didn’t mention pricing, but previous reports have suggested the plans would cost around $7,500 annually.
Plug-in hybrids promise to offer the best of both worlds, but they have a battery pack that can costs tens of thousands of dollars to replace. As an example, drivers are looking at $15,237 (€14,185) to replace the battery in the Jeep Wrangler 4xe and that’s not even including labor.
If a mainstream plug-in hybrid battery is that expensive, you probably don’t even want to guess how much Ferrari would charge. That likely helps to explain why the company has introduced two new extended warranty plans for plug-in hybrid models including the SF90 Stradale, SF90 Spider, SF90 XX Stradale, SF90 XX Spider, 296 GTB and 296 GTS.
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Dubbed Warranty Extension Hybrid and Power Hybrid, the plans aim to “satisfy those who wish to preserve the performance and excellence of their hybrid Ferrari sports cars over time.” In effect, they’ll ensure your car remains drivable without any major unexpected repair bills.
The company didn’t mention pricing, but said customers who opt for the Warranty Extension Hybrid program and extend the warranty up to the eighth year of ownership will get their high-voltage battery pack replaced at no extra cost. The Power Hybrid plan is for long-term owners and extends the factory warranty on “all major powertrain components, including those related to the hybrid system, from year 8 to year 16, and again foresees the replacement, at no extra cost, of the high-voltage battery pack in year 16.”
Interestingly, owners might receive a more advanced battery pack. As Ferrari explained, “in case of future developments in battery technology, the replacement high-voltage battery will be a new, state-of-the-art component.” This promises to ensure the same performance as the original battery, although it’s hard not to envision significant improvements over that period of time.
Since these are long-term plans, Ferrari noted the warranties will transfer to any subsequent owner. The automaker didn’t go into many other specifics, but said any official Ferrari dealer can activate one of the warranties and noted even cars that are currently out of their factory warranty are eligible. However, this will require a “technical inspection” by Ferrari dealer personnel.
While a number of questions remain, previous reports have suggested the warranty might cost around $7,500 (€7,000) annually.
