Newsletter 56: FERRARI RED BOOKS
FERRARI RED BOOKS,
WHY DO THEY EXIST AND WHERE CAN I FIND THEM?
So, you’ve found a Ferrari. But wait, how do you know that this particular car is the real deal? How can you tell what the history is without someone telling you or you doing hours of research? These are challenging questions to address.
You’ll have to go back to the source, Ferrari, and it’s not cheap, like anything with a prancing horse on it.
Ferrari can certify that your vehicle and all of its elements fit the original specifications from the time it left the factory. And if it does, they will issue you a ‘Certificate of Authenticity,’ also known as ‘The Red Book.’
Ferrari first used the Red Book process in 2016. And they have a dedicated division called the Classiche that is in charge of providing it. This division operates through a global network of centers based at various Ferrari dealerships worldwide.
A professional committee in Maranello inspects your car and decides whether it deserves to gain the prestigious certification. If it fails, they can organise for your automobile to be fully restored to its original factory default settings. Specialist engineers will send your car through a time machine and return it to the day it rolled off the assembly line.If necessary, they will disassemble the car and replace all non-authentic parts. And if the components are no longer in existence, they can re-manufacture them for you.
If necessary, they will disassemble the car and replace all non-authentic parts. And if the components are no longer in existence, they can re-manufacture them for you.
According to Ferrari, “the goal of any restoration is to keep as much of the version of the car and its parts as possible, even if this is usually not the best cost-effective alternative.”
Since the procedure began, Ferrari has rebuilt over 120 cars and certified roughly 5,000. According to Italian reports, there is a long waitlist for what is most likely an incredibly expensive service.
They’ve also implemented a passport system, in which they’ll re-inspect your vehicle regularly to guarantee that the certification remains relevant.
As you can imagine, only a limited number of Ferrari vehicles have ever been issued with the Red Book. If you’re in the market to purchase a certified pre-owned (CPO) vehicle, you’ll soon learn that the Red Book is just as important as a panel tool.
Owning a Ferrari is quite the accomplishment, and because classic Ferrari purchasers are parting with eye-watering amounts of money, which may reach seven figures, for an old Italian supercar, they need it to be just perfect, if not flawless.
Top-tier purchasers want total peace of mind, the finest, and are prepared to pay for it. Excellence always has a cost.
So, someday, if you want to sell that gorgeous classic car in your driveway for premium prices, you may need to make a significant investment. Alternatively, you might simply enjoy it for exactly what it is: a high-performance car worthy of driving.