Hello everyone, My name is Pete and I am a former Ferrari owner. I authored the 550 Maranello sorting thread in the 456/550/575 forum some years ago. I have been looking to get into a F12 for at least 2 years now, been watching prices drop, seeing what cars are available, waiting to see what the achilles heels of the F12 may be (doesn't seem to be that many!) I am currently looking at a few examples from authorized dealers that are listed as CPO. I have a couple of questions about that process: 1. When a car is listed as CPO, can one assume that the dealer's asking price already figures in the extended warranty coverage? It is not clear; in some ads it says the car is "eligible" for warranty coverage. 2. How long is the CPO coverage? The Ferrari CPO narrative says "a minimum of 12 months" but I have seen several of you mention the "2 year" figure on this site. Thanks for any and all input...I hope to join your community soon. Regards, Pete
Usually, CPO just means the car is eligible for you to purchase the Power Warranty. It is sold on a per-year basis.
Yes it means it has passed a rigorous inspection that costs roughly 900. You must purchase warranty separately. I think they give a slight discount if you buy 2 years up front.
What i have to say some dealers you pay to have it cpo and other dealers sell it to you and it is a cpo car.
warranty for 2 years on the car I just bought was 5700...not sure if that helps your search but felt like it was necessary for peace of mind up front.
I have bought several cars from Ferrari of Houston. When they are listed as CPO then it comes with the 2 year CPO. They don’t play games of listing cars as CPO and then charging you for it later. I looked at a car at Atlanta that was listed as a CPO and when I asked they said that it is but costs extra. That’s pretty cheesy IMHO. That’s why I think FoH is the best.
I just bought a CPO 2013 F12 from Ferrari of Houston. Came with the 2 year warranty as well. A great purchasing experience!
One thing that may not be common knowledge is, if you buy a CPO eligible car and pay for one year of warranty, the second year is free. Not sure if it's always been that way but that seems to be the deal Maranello is giving dealers as of late. Some dealers use it as a bargaining chip but the second year doesn't cost them extra (the first I believe does). To your original question, I agree with others as above. If the ad states "includes two years of warranty", then you should expect the price covers it. If "CPO" or "CPO eligible", then usually extra. If not stated, ask but assume not included.
