That is correct. CPO vehicle is only 1yr 12k bumper to bumper warranty. and the 7yrs or 100k ***FROM THE ORIGINAL DATE OF FIRST USE*** for example my 07 4r was purchased in aug 2006 so i have till aug 2013 or 100k for the certified to expire. Calipers would only be covered for the first year of ownership,. Unless you upgraded the power train warranty to a WRAP warranty which extends the bumper to bumper for the full 7yr/100k powertrain warranty. cost? im not sure since i got mine at cost since i work at a stealership