Entrepreneur Plus - Short White
For Subscribers

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.

Memorial Day Sale - Save 20%! Unlock this premium article & so much more with Entrepreneur+

Join the internet’s leading entrepreneur community with our Memorial Day sale! With your subscription, you'll get:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Use code SAVE20 at checkout.

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
Lock
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
Lock
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Business News

New York Lawyer Uses ChatGPT to Create Legal Brief, Cites 6 'Bogus' Cases: 'The Court Is Presented With an Unprecedented Circumstance'

The lawyer, who has 30 years of experience, said it was the first time he used the tool for "research" and was "unaware of the possibility that its content could be false."

Business News

More Americans Are Retiring Abroad, Without a Massive Nest Egg — Here's How They Made the Leap

About 450,000 people received their social security benefits outside the U.S. at the end of 2021, up from 307,000 in 2008, according to the Social Security Administration.

Business News

Lululemon Employees Say They Were Fired for Trying to Stop Shoplifters

Two Georgia women say Lululemon fired them without severance for trying to get thieves out of the store.

Business News

Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen

Jamie West was just 12 years old when she ran away from the foster care system.

Leadership

How to Be a Good Role Model for Your Employees, Customers and Community (and Why It's Important)

How your choices can ignite a positive chain reaction and transform your business.