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The Rayton Fissore / LaForza Magnum: The first luxury SUV

The origin

The Magnum, presented in 1984 by Rayton Fissore (Carrozzeria Fissore heir company), was the last entirely Italian off-road vehicle after the Fiat Campagnola left the scene in 1987.

Designed by Tom Tjaarda and presented at the Turin Motor Show in 1985, it was characterized by an elegant line, a high level of comfort and a very accurate interor results of the handcrafted assembly. The Magnum also featured hi-level and luxury accessories, never seen on an off-road vehicle of those years, such as electric windows, air conditioning, alloy wheels, leather interior. The Magnum also made use of components of “recycled” from other cars, like the Fiat Uno tail lights.

Despite the lack of a sales network, the Magnum was realtively sold well. It was also the Italian Police service vehicle with over 1,000 speciments ordered. In the 1990s the Magnum, redesigned in the front and fitted with a 5-liter Ford V8 engine capable of delivering 185 hp, also landed in the U.S. sold with the LaForza brand.

In 1996 the company name changed to “Magnum Industriale” which at the 1998 Turin Auto Show, unveiled the prototypes VAV (“Vehicle of Fast Attack”) and a completely redesigned road version. After two years of negotiations, the company was taken over by Laforza SpA, which, based on the Magnum, produced even more prototypes with three different engines; a 440 HP petrol V8, a 250 HP V6 Alfa Romeo and a 170 HP Iveco TurboDiesel. Once again, the prototypes didn’t reached the production stage due to lack of capitals and soon the company went bankrupt.

In 2004 Alessandro Festa, owner of “Golden Car”, bought all the know-out and all the materials of the the Magnum plant in Cherasco. Sinces Golden Car, in the past, had developed and produced all the equipment which was used to produce the Magnum, it tried to  take over the production with significant improvements.

Since the beginning of its history, the Magnum bodies were produced in Caramagna (CN) by Golden Car itself which, following the acquisition, began to analyze the strengths and weaknesses of this vehicle, in oder to create a new version based on its  technological heritage. 

The LaForza Magnum prototype

The first model of this ambitious project was a Magnum prototype fitted with the Alfa Romeo V6 Busso engine and built under the Laforza brand. The LaForza Magnum V6 prototype stood out for its aggressive look of the front with its new head lights.

Photo courtesy of autoruote4x4.com

Inside LaForza Magnum, the materials and confort were in line with the luxury ’85 version. The brightness was excellent thanks to the large glass surfaces and the sunroof. A satellite navigator has been also added to the dashboard. The 250 HP Alfa Romeo V6 did actually a good job regardless its size; acceleration has significantly improved and top speed went from 150 to 190 km/h. Handling was also surprisingly good thanks to the calibration of the suspensions and the considerable track width. Off-road performance remained as reliable as in the first version and allowed to overcome slopes of up to 100% with the reduced gears. This version was upgraded also in the braking system which now adopted ventilated discs also on the rear axle. ABS was also added which could be deactivated for better offroad. 

In 18 years around 6000 Magnums were produced including the American LaForza versions (1200) and the latter updated and assembled by Pininfarina and subsequently supplied directly by Rayton Fissore. After numerous legal events involving the manufacturer and its partners, production officially ended in 2003 with the last bodies assembled by LaForza Automobiles Inc. in the U.S.

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If you are looking at used car financing, certified pre-owned (CPO) vehicles are a great alternative to traditional secondhand vehicles. Affordable and with quality assurance, these vehicles are an attractive choice for buyers who want reliability and peace of mind. In this guide, we’ll take a look at the unique benefits of financing a CPO car versus a regular used vehicle.

What Defines a Certified Pre-Owned Car?

Certified pre-owned cars are different from regular used cars because they undergo a rigorous inspection and are certified by the manufacturer. These vehicles typically are reconditioned to strict quality standards and are most often late model, low mileage vehicles. For cars sold through authorised dealers only, it holds the classification of quality above that of a usual secondhand seller.

How Do Warranties Add Value?

One of the greatest advantages of CPO cars is that they come with extended warranties. Additional coverage is often provided by manufacturers beyond the original factory warranty, covering major components like the engine, transmission, and electrical systems.

For buyers, this means fewer unexpected expenses. The fact that critical repairs are covered brings instant confidence to the purchase, and removes some of the long term expense related to owning a vehicle.

The Appeal of Comprehensive Inspections

CPO cars are unlike ordinary used vehicles in that they have been subject to an extensive multi-point inspection before reaching the sales lot. Every part, from the drivetrain to the interior features, is evaluated and reconditioned to meet specific benchmarks for safety and performance, and mechanics do the evaluating and reconditioning.

This detailed assessment reduces the chance of hidden problems and gives buyers peace of mind when buying an investment that may not be in the best condition.

Why Certified Pre-Owned Cars Are Ideal for Financing

CPO vehicles are often safer bets for financing than regular used cars, which is often why lenders will finance them. They are less risky investments because the added reliability and warranty coverage make them a less risky investment, which can mean more favorable loan terms.

Financing a CPO car can mean lower interest rates, extended repayment periods, or even smaller down payments for applicants. These advantages could lead to substantial savings over time for those exploring used car financing.

Comparing Costs: CPO vs. Regular Used Cars

CPO cars tend to fetch higher prices than non-certified models, but many of those premiums are worth it. By saving upfront with standard used cars, buyers may save upfront but they’ll also have unpredictable repair bills down the road.

If financing, the added monthly payment cost might almost be worth the reduced maintenance expense and lengthened protection warranty coverage of a CPO vehicle. This decision is important, and it is important to evaluate the total cost of ownership.

Are There Drawbacks to Consider?

Certified pre-owned cars have a lot of advantages, but they may not be for everyone. It limits the availability of choices for models, trims, or colors. The higher price tag might also prevent shoppers on a tight budget from buying.

These factors need to be weighed against the peace of mind and reduced risk that comes with CPO cars. That trade is fine for some people; others may not be willing to sacrifice cost savings for extra security.

Financing Tips for CPO Cars

When financing a certified pre-owned car, certain strategies can help maximize the benefits:

  • Compare Loan Offers: Seek quotes from multiple lenders to secure the most competitive rates.
  • Evaluate Dealership Financing: Many dealerships offer financing incentives, including reduced interest rates for CPO purchases.
  • Understand the Warranty: Familiarize yourself with the warranty details to know exactly what’s covered.
  • Negotiate the Price: While certified vehicles come with added value, there’s often room for negotiation.
  • These steps ensure a financing arrangement that aligns with both your budget and long-term needs.

The Long-Term Benefits of CPO Ownership

Owning a certified pre-owned car provides more than just immediate savings. These vehicles often retain value better than standard used cars due to their condition and warranty coverage.

Additionally, the lower likelihood of mechanical issues allows owners to enjoy their vehicle with fewer disruptions. This combination of reliability and financial predictability makes CPO cars an excellent choice for many drivers.

Making the Right Decision for Your Needs

Certified pre-owned vehicles represent a smart option for buyers seeking a balance of affordability, dependability, and added protection. When combined with the right financing plan, they offer a path to vehicle ownership that minimizes risk and enhances value. For those weighing their options in the realm of used car financing, CPO cars provide a level of security and quality that is hard to match.