Ferrari introduce 15 year warranty programme
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Ferrari has introduced a New Power15 extended warranty programme which provides cover for Prancing Horse cars for up to 15 years from the date they are first registered.
In 2014, Ferrari became the first marque in the world to offer clients the possibility of extending warranty cover for up to 12 years. Now it has extended that programme further to offer owners a better package that will protect the value and functional integrity of their cars over an even longer period.
Every new Ferrari comes with the standard factory three-year warranty. The full factory warranty can be extended for a further one year and, from the vehicle’s 6th to 12th year, owners can stipulate the New Power warranty which provides cover on all major components.
New Power15 extends even further Ferrari’s class-leading programme with the possibility of covering the vehicle’s main mechanical components, including the engine, gearbox, PTU (power take off unit), suspension and steering, from year 12 right up to year 15. The coverage for the new extension lasts for 12 months and can be renewed annually for three years.
This warranty extension option is available both for new and pre-owned Ferraris. Subject to the car passing specific technical checks, the New Power15 extended warranty can also be provided for cars on which the Ferrari extended warranty cover has not been taken up, or on cars with gaps in the cover.
The New Power15 is also transferable to subsequent owners. This makes the New Power15 Extended Warranty the most flexible and comprehensive package of its kind and sets a new benchmark in the automotive world.