Odo Scandal May Rollback The Value Of Your Dream Ferrari

In the lawsuit filed against Ferrari, Root has stated that a wealthy client, retired Sara Lee chief executive Steven McMillan has paid off a dealership employee to wind back the odometer.

By Sreejith

Ferrari has been accused of allowing illegal odometer rollbacks from a former dealership employee in Florida. Ferrari salesman Robert 'Bud' Root is suing the dealership in Florida and a rich client after he says he was wrongfully terminated from his position due to age discrimination reasons and after discovering the dealer's dirty laundry.

Lawsuit Claims Ferrari Has Device To Roll Back Odometers To 0

Root claims that Ferrari's DEIS Tester diagnostic tool allowed the dealership to wind back the odometers of customer cars so they could be sold as a used car for a higher amount. It is said that the manufacturer itself had to authorise to use the DEIS Tester and was, therefore, aware of this wind back practice.

Lawsuit Claims Ferrari Has Device To Roll Back Odometers To 0

In the lawsuit filed against Ferrari, Root has stated that a wealthy client, retired Sara Lee chief executive Steven McMillan has paid off a dealership employee to wind back the odometer. The Daily Mail first reported this lawsuit and said by rolling the odometer back to 0, the value of the hypercar LaFerrari increased by over $1 million (Rs 6.67 Cr).

Lawsuit Claims Ferrari Has Device To Roll Back Odometers To 0

The lawsuit filed also reveals a policy from Ferrari itself which instructs its technicians on how to perform a rollback.

Lawsuit Claims Ferrari Has Device To Roll Back Odometers To 0

"The Ferrari entities published a written policy manual dating back to at least April 2010 specifically detailing how to perform an odometer rollback and expressly authorising its use.

Lawsuit Claims Ferrari Has Device To Roll Back Odometers To 0

"Upon information and belief, this Ferrari policy was used at the Ferrari factory in Italy as recently as March 2015 to instruct Ferrari technicians how to reset to "0" the odometer on a Ferrari vehicle," it is alleged.

Lawsuit Claims Ferrari Has Device To Roll Back Odometers To 0

Jason Kairalla, Ferrari of Palm Beach attorney, said, "The dealership does not litigate in the newspaper. Of course, we believe this case is whole without merit and will be vigorously defended in court."

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Article Published On: Tuesday, February 28, 2017, 13:04 [IST]
Read more on: #ferrari #auto news
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