A Guide to Certified Used Maseratis
If you are searching for that dream Quattroporte or Ghibli, used Maseratis are an option that shouldn’t be thrown aside; especially if they are certified preowned Maseratis. The Certified Preowned Maseratis are still expensive, but typically much cheaper than purchasing a new Maserati flat out. Not to mention, the guarantee of a new-like condition for cheaper price is nice, along with the peace-of-mind that comes with knowing your expensive gem is covered by a warranty. However, it’s still important to set some money aside for repairs that might pop up later down the road; or ones that aren’t covered under the warranty. Especially since it’s a higher-end vehicle. Typically, the repairs are very expensive on these imported luxury vehicles.
Therefore, this is an investment that shouldn’t be taken lightly, and unless you are as rich as Bill Gates, I suggest taking your time and doing some extensive research first. For now, here’s some quick information on Certified Preowned Maseratis.
The Maserati CPO Advantage
For each automaker, the CPO requirements differ. For Maserati, only vehicles that were originally imported by Maserati North America and serviced under strict factory guidelines are eligible for the CPO program. On top of this, only the ones with their original New-Car warranty period of less than 50,000 miles and 4 years in-service are allowed into their program.
That means not only are you getting almost a brand new Maserati, but you are also getting that New-Car warranty rolled over into the CPO warranty, and the coverage on a CPO provides an additional 2 years or 50,000 miles on top of the New-Car coverage period that remains. This brings it up to a grand total of 6 years or 100,000 miles; whichever one comes first.
As an added bonus, the warranty also comes with 24/7 roadside assistance and is transferable to the owner you sell it to.
Save Money For Emergency Repairs
Even with Maserati’s CPO warranty, it’s still important to set aside some money for emergency repairs. This means, don’t invest in a used Maserati, even a CPO, unless you have extra cash to throw aside. That extra cash is protecting your investment, and will also pay for damages or other repairs that aren’t covered by the warranty now; as well as repairs in the future.
While this is a good plan for any used car, it’s even more important for the higher-end imported luxury vehicles. Because, having these vehicles worked on and getting replacement parts are much more expensive than fixing up an old truck.
Expect A High-Lower Cost
On top of setting aside extra money for emergency repairs, it’s also important to understand that the CPO Maserati you are looking at is still going to be expensive, even if it is used. Therefore, if you are serious about owning this vehicle, make sure to set aside enough money beforehand for a larger downpayment, and a good chunk of money in advanced for the expensive monthly long-term loan that will accompany your vehicle.
Even if it’s still expensive investment, it will be much cheaper than a new Maserati. Some of the new 2016 models are approaching or exceeding 100 grand, and therefore a CPO Maserati is a great way to save a little extra money. Where the benefit really comes from, however, is the peace of mind that comes with the warranty; and it’s sure to save you some serious financial headaches in the long-run if something goes wrong with the car.