Vintage Vehicles Manufacturers' inspection programs make it worth your while to buy used.
By Jill Amadio •
Opinions expressed by Entrepreneur contributors are their own.
If your budget is bust, but you need to replace company cars,you can save thousands of dollars by buying certified pre-ownedvehicles. They go through a rigorous inspection program by theoriginal manufacturer before dealers resell them. While prices arenegotiable and usually no higher than those of comparablenoncertified used vehicles, most aren't more than 5 years old,have fewer than 50,000 or 60,000 miles on them, and look brand-new.Most certified vehicles can be leased or purchased outright, oftenwith the same interest rates, incentives and rebates as new carsand trucks. Manufacturers' 100-plus-point inspections includechecking the powertrain, chassis, underbody, all interior andexterior systems, hardware and functional components.
Lexus' 128-point bumper-to-bumper inspection includesreplacing tires, brake pads and other parts as necessary;there's also a warranty and roadside assistance for three yearsor 100,000 miles. If the car has been serviced at a Lexus dealer,the dealer can provide the car's history of repairs, damagesand maintenance. Although Lexus no longer has a fleet program, itsdealers, like other brands, may still offer volume discounts.Mercedes-Benz' Starmark certified pre-owned cars have aroadside assistance program with no mileage limit, a 132-pointinspection and a transferable warranty. Ford's certifiedvehicle program includes a 115-point inspection, a travel expensereimbursement program of up to $500 a day for three days, and asix-year/75,000-mile warranty.
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