Ferrari New Power extended warranty scheme: up to 12 years of cover
Posted: 09.04.2014
Source: Ferrari
Maranello, 9 April 2014 – Ferrari announces yet another first for an automotive manufacturer: extended warranty cover that offers peace of mind for owners of Ferraris up to the 12th year of the vehicle’s life*.
The warranty scheme is divided into two programmes:
- Extension of Manufacturer’s Warranty. Ferrari now offers the possibility of extending the all-inclusive factory-backed warranty by up to two years for a total of five years of cover
- New Power Warranty. Ferrari has extended the existing level of factory-backed cover up until the 12th year from first registration. Not only is the scheme the most flexible of its kind, but it is also the most complete.
Renewable annually, the New Power Warranty can, subsequent to technical verifications, be applied to cars that have not been covered by previous warranty extensions provided by Ferrari.
Special conditions are also available for clients renewing the New Power programme:
- a 15 per cent renewal incentive year-on-year
- an additional 15 per cent incentive if no warranty work was carried out the previous year.
How the New Power scheme works:
| ACTIVATION YEAR | 1-3 | 4-5 | 6-12 |
| WARRANTY PROGRAMME | MANUFACTURER’S WARRANTY | EXTENSION OF MANUFACTURER’S WARRANTY | NEW POWER WARRANTY |
Ferrari’s New Power programme is just the latest addition to a complete range of aftersales services which are the most comprehensive of any currently on the market. Along with the manufacturer three-year** warranty, all new Ferraris come with a free, seven-year Genuine Maintenance programme designed to ensure that cars are serviced to the highest standards and maintain their value over time.
*Extended service cover will be available in North America from the 1st of May 2014
**Standard manufacturer warranty periods may differ from market to market