When the entire world economy is at a battle to survive, all the automakers are trying to tempt customers with better and better offers. As you know, the current economic downfall has not missed the exotic car makers, so they have to come up with new offers too. Thus, in an attempt to draw in more potential buyers, Ferrari has announced that they will offer a new factory guarantee named ``POWER Warranty``. The POWER warranty can be used for Ferrari models up to eight years old that are certified by the Ferrari Approved program.
The POWER warranty can be obtained for V12 models, like the Ferrari 612 Scaglietti , the Ferrari 550 Maranello, the Ferrari 599 GTB Fiorano, the Ferrari 550 Barchetta Pininfarina, the Ferrari Superamerica and the Ferrari 575M Maranello as well as V8 models like the Ferrari F430 Scuderia , the Ferrari 360 Modena , the Ferrari F430 Spider, the Ferrari 360 Spider as well as the Ferrari 360 Challenge Stradale.
Those who already have a Pre-Owned, POWER or Ferrari warranty for exclusive retail will get extended standard warranty from three years to five years. The next four years, meaning years six to nine of the life of the car, the warranty can be used only for trim, electric, engine and transmission trouble. In the tenth year of the car, the transmission and engine problems alone are still covered by the warranty. The guarantee can be picked up for vehicles with less than 90.000 kilometers and the warranty will follow the vehicle if the ownership of the car changes hands.
This is a very good idea for Ferrari, to extend the warranty period for their models. This way, I am sure that people will be more confident when they will want to buy a sports car, knowing that Ferrari offers a longer warranty period.
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