This i am sure is a dumb question but I remain confused . I was planning on buying a 296 in coming months and I tend to keep my cars a very long time. I am confused about the cost and life expectancy and warranty for the hybrid battery ? how long does this original battery last and how much does it cost to replace. ? Does the performance of the car constantly degrade along with the degradation of the battery ? The extended warranty specific to just this battery seems incredibly expensive.? I feel like I am not understanding this. Can one of you actual 296 owners answer these questions please. Great appreciation
Hybrid warranty is 7 years. Ferrari offers extended warranty on the hybrid for year 8 to 16, so you should be fine. As for how long the hybrid battery will last, no one can answer that as they haven’t been in existence that long to find out. As for cost, no one knows what the cost will be, when it’s time to replace, as that will be in the future. Performance should not degrade but that’s an engineering question and not sure how they designed the system.
thanks for that reply. Do you know the factual cost of the extended warranty. Some of the annual costs for that warranty seemed really high.
Need to contact your dealer for that. Pricing can vary by state. My dealer has not sold a single one as it can be added at anytime before the expiration of the 8 year warranty and we are no where close to that. I would think that most people would wait until year 7 and see what is going on with the technology and their cars before spending the money. (Think that will be 2028/2029 when that occurs)
dont worry about the battery. Prices will continue to decline as the efficiency of the newer batteries increases. Weight of the newer batteries and overall performance will improve with every generation. Battery stuff is a non-issue.
It's definitely not a dumb question, it IS confusing. I work with this daily in a dealership environment, so I am happy to share what I know. The SF90 & 296 hybrid systems are new territory for the Ferrari brand. As we continue to work with the cars, we learn more regarding high voltage battery and hybrid system component life expectancy, electrical quirks/oddities and how they generally behave in the real world as they age and are used in various environments. The cars simply haven't been out long enough to give reliable data to provide an educated answer of "this part generally lasts X years" The hybrid system components, high voltage battery included, have a warranty of 7 years against failure or defect not caused by an outside influence. My suspicion would be, Ferrari anticipates the majority of the high voltage batteries and components will last this amount of time without issue. However, Ferrari have also stated that if a hybrid car is kept under the newly developed hybrid warranty extension plan, (which is an extension of the complete Factory Warranty, not just coverage for the hybrid components) from the expiration of the 3 year Factory Warranty and is kept consistently in this program to the end of year 8, Ferrari will replace the high voltage battery and cover the cost to do so. I would also suspect, this "after 8 years of age" number wasn't just randomly chosen and Ferrari most likely has data to support that either high voltage battery degradation or failure rate increases after that age. As of about 2 weeks ago, the hybrid warranty extension options began to populate in Ferrari's database and displayed pricing, which isn't inexpensive. Things seldom are inexpensive in the world of Ferrari. The hybrid warranty extension options can be purchased in 2, 3 or 5 year increments and essentially work out to a cost of $10,300 annually with current pricing. This equates to spending $51,500.00 for 5 additional years of warranty coverage and as a result, getting a new replacement high voltage battery after year 8. Considering the current cost to replace a high voltage battery in a 296 at our dealership would be $39,940.00 today, an additional $11,560.00 for 5 years of Factory Warranty coverage ($2312.00 when broken down annually) actually seems like an amazing deal, especially when considering the cost of the components being protected. For a long-term ownership plan, I personally think it makes quite a lot of sense to have the coverage.
My tesla which has a battery size 11x the size in a 296 costs £13k to replace for reference. Crazy markup for a commodity. CEO be flexing his battery replacement margins in earnings call in couple years. The cells should last 1000 cycles till it gets to 80% capacity (and still keep going past that), and assuming a worse case of 2 cycle per tank of fuel (300km), it’s still 150k km. Will last till it’s not economically viable to replace the battery unless someone drives purely in ev, qualifying to charge it up, then ev again all the time.
SK On are the supplier of batteries to Ferrari . They first produced a large L/ion battery in 2006. They have supplied Mercedes AMG among others . The hesitation about batteries to me seems unfounded
Ferrari try to lock their customers in Ferrari services so that they make money on selling and on maintaining, with amazing margins in both cases. I think it was one of the main goals of the 7-year free maintenance, because by providing free oil changes they intend to get all the maintenance business and avoid all external competition (they now even provide "free sanity checks" at dealers as a way to flag non Ferrari parts). However if the battery market develops, 7 years from now there will be options to replace batteries, even on a Ferrari, for far lower prices - of course we don't know yet, but waiting to see what will happen rather than committing big money spending with Ferrari is probably a wise approach.
