Guide to Certified Pre-Owned Vehicles - S11

Perspective

GLOSSARY OF CERTIFIED
PRE-OWNED VEHICLE TERMS
Certified pre-owned vehicle: A
previously owned vehicle sold with
the original manufacturer's certification that the vehicle is in optimal
condition. The manufacturers select
vehicles based on age, mileage and
a multiple-point inspection process.
Age, mileage and inspection criteria
vary by manufacturer.

How the past 10 years rank for
U.S. CPO vehicle sales
1. 2016
2. 2015
3. 2014
4. 2013
5. 2012
6. 2011
7. 2008
8. 2007
9. 2010
10. 2009

2,643,582
2,553,973
2,340,775
2,112,667
1,834,839
1,742,890
1,693,890
1,676,272
1,636,735
1,529,284

Point inspection: A comprehensive
vehicle inspection to ensure that the
vehicle is in excellent working order. The point inspection is a list of
the parts of the vehicle that are examined. Each manufacturer has its
own inspection list, but most are
similar. All inspections are performed under strict manufacturer
guidelines.

Source: Automotive News Data Center and
AutoData Corp.

Top 10 CPO brands 2016
1. Toyota
2. Chevrolet
3. Honda
4. Ford
5. Nissan
6. BMW
7. Mercedes-Benz
8. Lexus
9. Hyundai
10. Jeep

417,143
272,678
247,902
242,725
184,194
129,206
123,134
101,826
97,042
83,167

Source: Automotive News Data Center and AutoData Corp.

Brand scorecard - 2016

Top-selling CPO brand history

Up

2016
2015
2014
2013
2012
2011
2010
2009
2008
2007

Change in CPO sales from 2015

1. Cadillac
2. Ram
3. Jeep
4. Subaru
5. Lexus

Down

1. Fiat
2. Volkswagen
3. Volvo
4. Acura
5. Chevrolet

36.8%
33.3%
25.9%
20.4%
18.8%
-21.4%
-19.9%
-15.5%
-14.8%
-12.5%

Toyota
Toyota
Toyota
Toyota
Toyota
Toyota
Toyota
Toyota
Chevrolet
Chevrolet

417,143
371,713
355,988
369,671
330,814
331,805
315,440
265,887
282,383
299,444

Source: Automotive News Data Center and AutoData Corp.

Warranty details: Most certified
pre-owned warranty programs
transfer and extend the existing
new-car warranty terms or add
terms and mileage. Warranty coverage varies by manufacturer.
Warranty deductible: The amount
the owner is responsible for when
repair work is performed under
CPO warranty. Many manufacturers
do not require a deductible.
Transferable warranty: If the owner
of a certified pre-owned vehicle sells
the vehicle and it is within the warranty period, the new owner may be
eligible for a transfer of the warranty.
Some manufacturers require the
new owner to pay a transfer fee.
Vehicle criteria: To be considered
for certification, a vehicle must be a
recent model year, have limited
mileage and pass a multiple-point
inspection. Each manufacturer has
its own requirements.

Source: Automotive News Data Center

11



Table of Contents for the Digital Edition of Guide to Certified Pre-Owned Vehicles

Guide to Certified Pre-Owned Vehicles - Intro
Guide to Certified Pre-Owned Vehicles - S1
Guide to Certified Pre-Owned Vehicles - S2
Guide to Certified Pre-Owned Vehicles - S3
Guide to Certified Pre-Owned Vehicles - S4
Guide to Certified Pre-Owned Vehicles - S5
Guide to Certified Pre-Owned Vehicles - S6
Guide to Certified Pre-Owned Vehicles - S7
Guide to Certified Pre-Owned Vehicles - S8
Guide to Certified Pre-Owned Vehicles - S9
Guide to Certified Pre-Owned Vehicles - S10
Guide to Certified Pre-Owned Vehicles - S11
Guide to Certified Pre-Owned Vehicles - S12
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