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Bill Sawyer (Wsawyer)
Member
Username: Wsawyer

Post Number: 941
Registered: 2-2002
Posted on Monday, September 29, 2003 - 2:13 pm:   

I agree, Brent. I bet Jeff Cauley wonders why he has cars on his floor for 2 years that aren't moving. Duh!
S. Brent Cardani (Brentc)
Junior Member
Username: Brentc

Post Number: 57
Registered: 8-2003
Posted on Monday, September 29, 2003 - 1:51 pm:   

Cauley is my local dealer - they have a 308 priced at $36,500 and a 328 for $68,500. I can't believe they are complaining about "not factoring in" the certified program. I'm sure these cars aren't even certified and they are exorbitantly priced.
Scott DeGhetto (Scott63)
Junior Member
Username: Scott63

Post Number: 162
Registered: 4-2003
Posted on Monday, September 29, 2003 - 1:28 pm:   

The prices are not that high. The powertrain plus program is $1,500 for one year but it limited to engine, trans, ABS, ECU's and AC and suspension. The new power1 program is $2,500 and is much more comprehensive and runs for one year. The power 2 program is 4,000 and runs for two years. Roadside assistance is included with both power 1 and power 2
Dan (Bobafett)
Intermediate Member
Username: Bobafett

Post Number: 1432
Registered: 9-2002
Posted on Monday, September 29, 2003 - 1:23 pm:   

Conceptually, I think it's a good idea. If it works, it might throw the used market pricing into another mess (and possibly create another tier, if successful).

It'll be interesting to see what they offer as coverage - service isn't covered in the first place, and as Doody mentioned, you have always been able toget the powertrain warranty for ~1k/year or so.

Given that they will most likely certify newer cars (355+), I doubt there's a whole lot than can / will go wrong beyond that. The cars are getting better over time - which means that this will be pure profit for the most part.

I too am confused about the seller covering the cost - maybe they related it incorrectly, or maybe I'm missing something basic here.

--Dan
Mr. Doody (Doody)
Intermediate Member
Username: Doody

Post Number: 1815
Registered: 11-2001
Posted on Monday, September 29, 2003 - 12:01 pm:   

you could already get the powertrain thingy on many newer model used cars, which many dealers apparently would advise against, since it only covered stuff that rarely broke.

i'm amused by the cauley guy's comment about this cost not being factored into what they paid for existing cars on the lot. hello? so they're going to basically hit up the SELLER for this money, tack it on and keep selling at whatever they'd have sold it for before?

that should do wonders for the independent dealers!

maybe FNA is shoving it down their throats so they have no choice?

doody.

ps: spanky - do you have anything thoughtful and/or helpful to bring to bear on this forum?
spanky mcdoogle (Spanker)
New member
Username: Spanker

Post Number: 5
Registered: 9-2003
Posted on Monday, September 29, 2003 - 11:39 am:   

They can't even get them right when their new and under warranty.
Bill Sawyer (Wsawyer)
Member
Username: Wsawyer

Post Number: 940
Registered: 2-2002
Posted on Monday, September 29, 2003 - 11:38 am:   

Would you pay an ADDITIONAL $10k over already ridiculous dealer prices for a used Ferrari certified by the factory? The following link leads to an article in Autoweek about the new factory program.

http://www.autoweek.com/cat_content.mv?port_code=autoweek&cat_code=carnews&loc_code=index&content_code=04725176

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