A couple of years back, Ferrari was widely rumored to be working on an "entry-level" model to slot in below the F430 (since replaced by the 458 Italia). The result was the California. And all the while they were working on it – with test mules lapping Fiorano like an F1 driver recovering from a head injury – company spokesmen declared that the true entry level for new Ferrari owners was a pre-owned Ferrari. Now the famed automaker from Maranello is putting its money where its mouth is with the new "Power Warranty".

In order to entice prospective owners and counteract the notorious unreliability of older Prancing Horses – its part of their character, say the faithful – Ferrari has launched a 24-month warranty on a wide range of certified pre-owned models in the 360, F430, 550/575, 599 and 612 ranges, including all variants: coupes, roadsters and lightweight models, no more than eight years old and with no more than 90,000 kilometers on the odometer.

The warranty is optional, includes roadside assistance, and can be purchased by current owners to extend their existing warranties. Details in the press release after the jump.

[Source: Ferrari]
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FERRARI IS FIRST TO OFFER 24 MONTH WARRANTY ON APPROVED CARS

Ferrari is pleased to announce a 24-month Power Warranty on all Ferrari Approved cars purchased through the Official Ferrari Dealer network. Ferrari is the first manufacturer to offer a 24-month factory warranty on pre-owned vehicles, and offers customers twice the peace of mind when investing in the Prancing Horse of their dreams.

The warranty remains with the vehicle and has a duration of 24 months from the date of vehicle purchase from an Official Dealer provided that the vehicle is correctly maintained (including the annual inspection) at an Official Ferrari Dealer or Authorised Repairer within 30 days of expiry of the first 12-month period. In addition, customers of the Ferrari Approved programme also receive a free subscription to the Ferrari Magazine and Ferrari Roadside Assistance service for the duration of the warranty.

The Ferrari Approved programme offers peace of mind and reassurance for customers purchasing a Ferrari up to eight years old. With the support of a warranty underwritten by Ferrari, and a comprehensive 190-point technical inspection, Ferrari Approved is a testament to the company's confidence in the enduring appeal of cars which proudly wear the Prancing Horse badge.

The programme is available through all Official Ferrari Dealers and it offers considerable benefits to customers for ultimate peace of mind:
  • 190-point comprehensive and detailed technical inspection
  • Only Ferrari Genuine Parts are used to repair or replace defective items
  • An independent verification check to certify the car's identity, mileage and ownership history
  • Verification the car is not subject to any outstanding finance agreement
  • A Ferrari Service History Check to verify the car has been appropriately maintained by Ferrari
  • A minimum of 24 months Ferrari factory based warranty *
  • A minimum of 24 months Ferrari Roadside Assistance

The programme's comprehensive 190-point technical inspection and factory-backed warranty are designed to offer similar standards of vehicle preparation for customers buying a pre-owned Ferrari as those buying a new one. Cars available in the programme include icons from both the V8 and V12 ranges:

V8 range:
  • 360 Modena
  • 360 Spider
  • Challenge Stradale
  • F430
  • F430 Spider
  • 430 Scuderia

V12 range
  • 550 Maranello
  • 550 Barchetta Pininfarina
  • 575M Maranello
  • Superamerica
  • 599 GTB Fiorano
  • 612 Scaglietti

The range of Ferrari Approved cars available can be viewed via the www.ferrariapproved.com website, with full details of each car available for sale through the Official Ferrari Dealer Network. The website features the most comprehensive and up-to-date list of Ferrari Approved Used Cars available in the network, with personalised search criteria to refine the search by preferred colour, mileage, transmission and price range.