Certified pre-owned is nothing new, even in the luxury car business. When a $345,000 Rolls-Royce Wraith depreciates 20 percent the minute it is driven off the showroom floor and loses 40 percent of its value after five years of ownership, buying, say, a two-year-old Rolls-Royce from a trusted original equipment manufacturer program can save quite a bit of money when it comes to residual values.
Such programs offer multipoint inspection plans and special warranties guaranteeing the quality and maintenance of the lightly used cars they offer.
At Ferrari, the “Ferrari Approved” pre-owned program includes a 101-point inspection by Ferrari technicians