Thoughts on having PPI if buying within the network

[Trev450]

Just wondering what people's thoughts are on whether it's worth having an independant PPI done if buying an Approved used Ferrari from a main dealer.

[7GJR]

Wouldn't have thought it necessary. An approved Ferrari will come with a warranty so any issues will be dealt with by that.

[johnnyreggae]

Or the PPI gives the buyer the chance to ask the dealer to fix things they've 'missed' and possibly negotiate the price further

[Trev450]

These are the exact two arguments I've been having with myself.

Decisions, decisions.

[m4tti]

Have you asked whether they’ll entertain a ppi?

[Trev450]

m4tti said:

Have you asked whether they’ll entertain a ppi?

I haven't yet because I'm trying to establish if it would be worth it.

Given that at the moment I have one yay and one nay, I'm no better off. lol.

[m4tti]

Just ask them. If you’re looking at an F40 or Enzo etc they’ll likely say “feel free, whoever you want”… for a regular road car they’ll probably say they don’t have the capacity to take it places, and aren’t allowed to bring people in the workshop.

And don’t forget, peoples opinions on piston heads will mean fark all to a dealership

[Trev450]

m4tti said:

Just ask them. If you’re looking at an F40 or Enzo etc they’ll likely say “feel free, whoever you want”… for a regular road car they’ll probably say they don’t have the capacity to take it places, and aren’t allowed to bring people in the workshop.

And don’t forget, peoples opinions on piston heads will mean fark all to a dealership

Thank you for those insights. Putting it that way I can see where your coming from.

[TBCTBC]

I’d always, always get a PPI and ideally with someone qualified and with no interest in the sale.

But guess it”s all down to your personal attitude to risk.

[Chris355]

A main dealer provides you with a lot of come back should the need arise.

They also have to run all sort of checks and provide data to Ferrari for the warranty.

Ask for the health check report too.

Personally im comfortable buying (and have bought several times) from a dealer without an indeendant HPI on the car.

[ratrod 2]

Trev450 said:

Just wondering what people's thoughts are on whether it's worth having an independant PPI done if buying an Approved used Ferrari from a main dealer.

Having been done up like a kipper on my Gallardo i bought my F430 from Maranello's with a 2 year warranty

so didn't think it necessary to have a PPI done as the warranty is covered by Ferrari themselves not Maranello's

but before they issue it a point by point inspection has to be done.

However i did do a HPI check which showed up a mileage discrepancy ,

However Maranello's sorted the problem out quickly with HPI and they amended their error

as i held off payment until it was done.

Also many dealers have their stock on a finance plan using individual cars which they should clear when the car is sold

so you hope, not saying Maranello's do this but some of the smaller dealers do ,common practice i've been told .

[Trev450]

Some very helpful info here. Much appreciated.

[ex-devonpaul]

What does the Warranty cover?

On a McL the warranty covers pretty much everything, but without knowing anything about the car, value, or age of it then is this the OEM warranty or a reduced or a restricted one then you should get a second opinion if possible.

[willy wombat]

You haven’t said how old the car you’re looking at is. I’m assuming it’s more than 4 years and thus not Co by the original warranty.

[Trev450]

I'm looking at a 7 year old 488 which being an Approved used car comes with a 2 year Power 15 warranty. It appears to be quite comprehensive covering most of the major components, but excludes oil leaks and dampers. Two things that I'm led to believe can be problematic.

[ex-devonpaul]

Ahh, so you're buying a 7 year old sports car, irrespective of where from. A car with known weaknesses that can be assessed subjectively.

Choices are to get it inspected prior to purchase, or take it somewhere immediately after and get it checked and then see what your chances are at getting it rectified.

Personally I'd be going for the first option.

[Trev450]

ex-devonpaul said:

Ahh, so you're buying a 7 year old sports car, irrespective of where from. A car with known weaknesses that can be assessed subjectively.

Choices are to get it inspected prior to purchase, or take it somewhere immediately after and get it checked and then see what your chances are at getting it rectified.

Personally I'd be going for the first option.

Sorry, poor articulation on my part.

The car I'm looking at is at Marenello and is in the process of having their pre warranty inspection done. Once any work requiring rectification is completed they then put the Ferrari approved 2 year warranty on it.

[6208]

Trev450 said:

Sorry, poor articulation on my part.

The car I'm looking at is at Marenello and is in the process of having their pre warranty inspection done. Once any work requiring rectification is completed they then put the Ferrari approved 2 year warranty on it.

What is the process?

Do you walk into the showroom and see a car that is ready for sale?

Has this car already had its pre warranty inspection?

Or is the car sat in the showroom retail ready but it then needs its pre warranty inspection?

[garystoybox]

6208 said:

What is the process?

Do you walk into the showroom and see a car that is ready for sale?

Has this car already had its pre warranty inspection?

Or is the car sat in the showroom retail ready but it then needs its pre warranty inspection?

Varies on how long been in stock, but a few I’ve bought only went through once I’d deposited. Also depends on if on SOR; the official dealers still run this arrangement.