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Ferrari CPO, what does it include?

Discussion in '458 Italia/488/F8' started by Steinhart, Jul 11, 2019 at 9:23 PM.

  1. Steinhart

    Steinhart Karting

    May 21, 2019
    74
    So I am familiar with buying Porsche CPO cars, whereas they are supposedly inspected and many things including tires, brakes and other worn items are brought to within "CPO" spec, dictated by Porsche, then given a warranty for a period of time. The owner gets a certificate with the VIN and a description of the car. It is quite an organized system.

    I purchased a Ferrari CPO car a week ago. The dealer told me they serviced the car, but I really don't know what else the dealer did and/or what was required by Ferrari. Supposedly the car is under CPO warranty for 2 years (Ferrari is currently offering 2 years for the price of 1), but I don't have any document stating that, at least not yet.

    For any of you that have purchased a CPO Ferrari, can you share your experience so I know what to expect? What documentation did you receive? What are the dealers required to do to bring the car to spec? Any insight would be greatly appreciated. Many thanks!
     
  2. sampelligrino

    sampelligrino Formula Junior

    Apr 16, 2017
    312
    Sorry can't speak to the CPO stuff but where are the pics! Hopefully you're enjoying the car?
     
  3. Steinhart

    Steinhart Karting

    May 21, 2019
    74
  4. Franchise1450

    Franchise1450 Rookie

    Apr 20, 2019
    5
    Full Name:
    Franchise
    Hi I just bought a 458 with the same CPO 2 year from Ferrari LV. It covers most of what the original warranty covers with a few exclusions, brakes and some other odds and ends excluded but most major items covered. Really surprised how much was covered for a 2012 car.

    The dealer provided me with a detailed contract that outlines everything covered and not covered. You should call your dealer and request this, they made me sign it as well. Hope this helps.
     
  5. 488GTScarbon

    488GTScarbon Rookie

    Jul 3, 2019
    1
    Dallas, TX
    Full Name:
    Peyman Zamani
    I purchased a CPO Ferrari last week as well, a 488GTS. It is true right now Ferrari is offering 2yrs for price of one to F Dealers because they are trying to compete with independent dealers. My dealer showed it to me. I asked my dealer for the check list and I was provided an invoice from their shop showing it went through CPO program and all recalls done. I also received a paper for the 2yr warranty. Before purchasing even though the car went through CPO program, I could've bought the car for less if I didn't want the 2yr warranty. Driven my car 200 miles in the first week and love it. Enjoy yours.
     
  6. Rostami6

    Rostami6 Formula Junior
    Rossa Subscribed Owner

    Jun 24, 2013
    317
    Austin TX
    Full Name:
    Amir
    I do know CPO does NOT cover oil leaks!
     
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  7. Steinhart

    Steinhart Karting

    May 21, 2019
    74
    thanks for your posts, I will contact the dealer, to provide more specifics on the program

    I did not sign an agreement
     
  8. sampelligrino

    sampelligrino Formula Junior

    Apr 16, 2017
    312
  9. crinoid

    crinoid F1 Veteran
    Silver Subscribed

    Apr 2, 2005
    7,254
    Full Name:
    LaCrinoid
    ? ? ?
     
  10. Steinhart

    Steinhart Karting

    May 21, 2019
    74
    Thank you!! :)
     
  11. Rostami6

    Rostami6 Formula Junior
    Rossa Subscribed Owner

    Jun 24, 2013
    317
    Austin TX
    Full Name:
    Amir
    I was at my dealer a few weeks ago looking at a cpo 488. He told me oil leaks are not covered
     
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  12. crinoid

    crinoid F1 Veteran
    Silver Subscribed

    Apr 2, 2005
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    LaCrinoid
    Sounds like a strange blanket statement from him considering an oil leak would be detrimental and it IS a rather spendy waranty.
     
  13. Rostami6

    Rostami6 Formula Junior
    Rossa Subscribed Owner

    Jun 24, 2013
    317
    Austin TX
    Full Name:
    Amir
    The way I understood is that seals would not be covered. If the leak is caused by an internal failure, then it would be covered. He also told me things like power window switches and such are also not covered. To be honest I was very surprised. I guess CPO is the equivalent of a power train warranty. Someone else who is more familiar can chime in...
     
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  14. Steinhart

    Steinhart Karting

    May 21, 2019
    74
    the service manager at my dealership said the CPO and power train warranty are essentially the same
     
  15. Nunya

    Nunya Rookie

    May 23, 2017
    4
    I bought a 2013 458 that included a cpo and 2 year warranty and all I signed was a standard Ferrari form that mentioned certified pre-owned Ferrari. It was a pre-delivery checklist and the information (my name, chassis number, date, miles, etc). It seemed like a generic form considering it could save an owner serious money. I was told it gets put in the system.
     
  16. Steinhart

    Steinhart Karting

    May 21, 2019
    74
    ok, that is very helpful, thank you, at least I know what to expect
     
  17. LVP488

    LVP488 Formula 3

    Jan 21, 2017
    2,178
    I think it depends on the age of the car - up to 5 years old you get the same coverage as the 3-year initial warranty, but afterwards the scope is reduced. So you could extend for two years the initial warranty on a 3 years old car, but subsequent warranties (after the 5th year) cover less things. CPO is just the generic term for used cars sold by Ferrari with a warranty.
     
  18. MANDALAY

    MANDALAY Formula 3
    Silver Subscribed

    May 23, 2013
    1,272
    AUSTRALIA
    Full Name:
    ANGELO

    Correct
     
  19. Surfah

    Surfah Formula 3

    Dec 20, 2011
    2,187
    +1
     

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