Ferrari p/x purchase issue where do I stand
Discussion
I purchased a used 12 year old Ferrari 6 months ago from a large prominent dealer specialising in top end cars. The car was in excess of £130k. I tried to p/x it this week at a Ferrari dealer whom have informed me the car is recorded on the Ferrari system as seriously damaged/ written off, and as a result will not take the car in part exchange.
The independent I bought the car from did not tell me the car had been damaged. HPI shows the car as ‘clear’ and I‘m pretty sure they will plead ignorance, and say they do not have access to the Ferrari system.
I’m guessing my first port of call will be to go back to the dealer I purchased the car from, but really not sure where I stand.
I feel like I may be stuck with the car now, and if I try to sell it I will take a massive hit on the value. Any thoughts or advice?
The independent I bought the car from did not tell me the car had been damaged. HPI shows the car as ‘clear’ and I‘m pretty sure they will plead ignorance, and say they do not have access to the Ferrari system.
I’m guessing my first port of call will be to go back to the dealer I purchased the car from, but really not sure where I stand.
I feel like I may be stuck with the car now, and if I try to sell it I will take a massive hit on the value. Any thoughts or advice?
Thanks for all of your input so far. I have established that thankfully the car was not written off. It had some frontal damage and was repaired by a Ferrari approved bodyshop using genuine Ferrari parts 18 months ago. Apparently even if the welded front bumper support beam is replaced, Ferrari log it as structural.
It still leaves me in the same position regarding part exchange.
It still leaves me in the same position regarding part exchange.
A big thank you to all for your advice and comments. I am pleased to say that the dealer I purchased the car from has been positive in their response to the situation, and we are going to resolve it through mutual agreement. I think it’s an important message to one and all when buying anything prestige out of its respective manufacturers network. I will always ask if the car has ANY record of accident damage on any system be it HPI or manufacturer. A lesson learned for sure.
Thanks again.
Thanks again.
Gassing Station | Car Buying | Top of Page | What's New | My Stuff