Factory

Major concern purchasing a used car, vehicle may require future costly repair. This concern, is addressed by purchasing an extended warranty, besides any warranty provided by the dealership. The extended warranty can be very expensive, and not be comprehensive enough, pay for future costs. Besides, any previous mechanical problems or car accident could increase future costs. Factory Certified Used Vehicle (pre-owned — CPO) is sold by the manufacturer and provides new owner, with a new warranty. In 1993, Lexus introduced the first certified pre-owned program. Vehicles considered for certification are eligible, by specified age, mileage requirements and title history, set by the guidelines of manufacturer. In 2003, General Motors required certification for their vehicles listed includes: Vehicles less than five years old, fewer than 60,000 miles recorded on the odometer, and pass 70 to 150 point inspection or reconditioned to pass inspection Certification process for Honda Motors includes 150 — point mechanical and appearance inspection, performed by the dealer. These Honda Motor vehicles are one to two years old. However, if the original warranty did not expire, than the new extended warranty, added onto any remaining years. Many automobile manufactures, offer certified used vehicles, which include options: Twenty-four hour roadside assistance, free loaner cars, three-day money back guarantee, complimentary oil and filter change after 90 days or 5,000 miles, and trip interruption protection (This includes car rental, lodging, meals, and out-of-town repairs, paid by the manufacturer). Difference between dealership certified and factory certified vehicles: Automobile manufactures offering factory certified vehicles are recognized and accepted, by anyone of their dealerships, throughout the country. Dealership certified cars have limitation for liability. If the vehicle has any mechanical problems, only the dealership is liable for any cost for repair. Also, if the dealership files for bankruptcy or goes out of business, then the dealership certification becomes invalid. Factory certified vehicles cost more than non — certified automobiles. Cost could be at least $3,000, but considering the potential cost for mechanical and labor cost, would be substantially higher. According to a study conducted by J.D. Powers and Associates, sales of certified vehicles increased by forty-six percent, from 2000 2003. Also, according to the study, buyers of certified vehicles Category:Home › Autos • Will the trend toward economy-size car models lead Americans back to buying smaller-sized cars? — part 2 • You should never use after-market auto parts when maintaining or fixing your car • Should a new car be rust-proofed? • Will the trend toward economy-size car models lead Americans back to buying smaller-sized cars? — part 1 • Five safest cars in North America • How to ensure your teen drives safely after getting a license • Pros and cons of using an hydrogen generator for your car • DIY automotive maintenance: How to change the oil