Automotive News - September 29, 2008 - (Page G10) Program name/Top executive/Web address No. of dealers in program/ Total newcar dealers Dealer fees per vehicle Dealer criteria Vehicle criteria Independent third-party inspection Warranty details Vehicle history report provided Is there a Is the Dealer warranty warranty return/ deductible?/ transferable?/ exchange cost fee program Suzuki 35/ 523 original in-service date • Roadside assistance Suzuki Certified Used Car Program* Tim Finley national fleet and remarketing manager www.suzuki.com history by Carfax $889 • 144-point inspection • 5 model years or newer • Less than 70,000 miles, • Must pass a title No • 12 months/12,000 miles from CPO date of sale • Transferable 7-year/100,000-mile powertrain warranty from Yes No/$0 Yes/$0 None *Suzuki is expected to relaunch CPO program in 2009 Dealers sign a participation agreement and must meet minimum dealer standards Toyota Division 1,149/ 1,224 $450 • 160-point inspection • 7 model years or newer • Less than 85,000 miles • Must pass a Carfax Toyota Certified Used Vehicles Scott Heyer corporate manager www.toyota.com/certified history Must be a franchised Toyota dealer and sign participation agreement Yes • Powertrain 84 months/100,000 miles from original in-service date Yes • 3 months/3,000 miles comprehensive warranty at CPO date of sale • Powertrain 12 months/40,000 miles after new-car warranty expires • Roadside assistance Yes/$50 Yes/$0 Dealers option Volkswagen • 112-point inspection • 5 model years or newer • Less than 75,000 miles • 2-year roadside assistance No • 24 months/24,000 miles from CPO date of sale • Complimentary membership to VW Club Volkswagen Certified Pre-Owned Rob Martin CPO manager www.vw.com/preloved 600/ 600 $450- Volkswagen $1,250 dealers in good standing Yes No/$0 Yes/$150 None Volvo • 130+ point inspection • 5 model years or newer • Less than 80,000 miles No • 6 years/100,000 miles from original in-service date • 2 years/50,000 miles comprehensive after new-car warranty expires • Roadside assistance Volvo Certified Pre-Owned Johnny Lee pre-owned car line manager www.volvocars.us/tools/CertifiedPreOwned 355/ 355 $950- Volvo dealers $1,195 in good standing Yes No/$0 Yes/$0 None Note: Total new-car dealers as of Sept. 2008. Dealer fees may include per-vehicle certification fees, advertising fees and warranty fees. Source: Automotive News Data Center and company sources G LO S SARY OF CE RTI F I E D PR E-OWN E D VE H I C LE TE R M S Vehicle history report A report generated by using the 17-character vehicle identification number providing information regarding the history of a vehicle. The type of information that may be available includes salvaged or junk titles, flood damage, accident history, odometer readings, lemon history, state emissions results, number of owners, service records, lien activity, or vehicle use (taxi, rental, lease, etc.). 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. Independent third-party inspection A vehicle inspection completed by an outside party that is not affiliated with the dealership. Roadside assistance Most certified pre-owned programs offer free roadside service while the vehicle is under warranty. Return/exchange Some manufacturers allow for a limited period of time in which a customer can return or exchange a vehicle. 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. Certified 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 set of requirements. Sponsored by Automotive News Data Center makes every effort for accuracy. In the event of a misprint, the guide will not be reprinted but rather corrected in the next scheduled printing. 10 http://www.volvocars.us/tools/CertifiedPreOwned http://www.toyota.com/certified http://www.vw.com/preloved http://www.suzuki.com
Table of Contents Feed for the Digital Edition of Automotive News - September 29, 2008 GM, Ford and Chrysler place new-product bets Credit freeze could mean cash crisis Mr. Big Volume reaches the end of the line Korea's revolving door Mazda quits Ford Credit for Chase Mitsubishi, UAW reach tentative agreement Volt could break feds' 100 mpg ceiling Chase cuts back on auto leasing Target for Traverse: No. 1 in large crossovers BMW's new 7 series: Timing may be all wrong Tucson revisited Can Ford light fire under Fiesta? Lithia puts brakes on used-car stores Revived Mercury will focus on 3 segments VW taps 'zealots' to promote diesels Farley, Leuliette will kick off World Congress The new Soul (and nose) of Kia Hyundai: Drivetrain key to more mpg Taxpayers at risk if firms get fed loans - then fail GM plans high-tech small engines for Volt and Cruze Buick looks upscale Denso says U.S. woes will cut its profits Denso: No plans to make hybrid parts in U.S. Bailouts are a bad idea Chic small cars? Check them out at the Paris show Credit's no problem, but a weak brand is Helping dealers helped GM Ford field rep didn't help at all Who knew? Electric cars are fun to drive Where is the power going to come from? Hyundai shifts its U.S. ad agency Hyundai, Kia mold separate identities Behind on hybrids, Hyundai sets high goals Dealers Flashes of genius, years of turmoil No cop-out; car designed for police use PICTURE THIS: A trip to the bank RV sales drop 31.9% in June Mexico sales off 4.8% in Aug., 1.2% for 8 mos. Suzuki to aim pickup at motorcycle owners Experts: Learn Korean hierarchies Readers' comments on Bill Heard's collapse Bill Ford sells some Ford stock CarMax net income falls ArvinMeritor raises forecast Toyota plans CNG concept Chrysler cuts 250-300 salaried workers Minority supplier drops stamping business Will Cerberus buy up Chrysler to wave bye-bye? Rioters kill supplier exec in India No pickup seen for pickups Piech's ploy was masterstroke in war with Porsche Honda's highway groove music: It sounded better on vinyl St. Louis dealer to paper that outsourced typesetters: 'Deal me out' Automotive News - September 29, 2008 Automotive News - September 29, 2008 - (Page Intro) Automotive News - September 29, 2008 - (Page Bellyband1) Automotive News - September 29, 2008 - (Page Bellyband2) Automotive News - September 29, 2008 - Mr. Big Volume reaches the end of the line (Page 1) Automotive News - September 29, 2008 - Mr. Big Volume reaches the end of the line (Page 2) Automotive News - September 29, 2008 - Volt could break feds' 100 mpg ceiling (Page 3) Automotive News - September 29, 2008 - Tucson revisited (Page 4) Automotive News - September 29, 2008 - Tucson revisited (Page 5) Automotive News - September 29, 2008 - The new Soul (and nose) of Kia (Page 6) Automotive News - September 29, 2008 - The new Soul (and nose) of Kia (Page 7) Automotive News - September 29, 2008 - Buick looks upscale (Page 8) Automotive News - September 29, 2008 - Buick looks upscale (Page G1) Automotive News - September 29, 2008 - Buick looks upscale (Page G2) Automotive News - September 29, 2008 - Buick looks upscale (Page G3) Automotive News - September 29, 2008 - Buick looks upscale (Page G4) Automotive News - September 29, 2008 - Buick looks upscale (Page G5) Automotive News - September 29, 2008 - Buick looks upscale (Page G6) Automotive News - September 29, 2008 - Buick looks upscale (Page G7) Automotive News - September 29, 2008 - Buick looks upscale (Page G8) Automotive News - September 29, 2008 - Buick looks upscale (Page G9) Automotive News - September 29, 2008 - Buick looks upscale (Page G10) Automotive News - September 29, 2008 - Buick looks upscale (Page G11) Automotive News - September 29, 2008 - Buick looks upscale (Page G12) Automotive News - September 29, 2008 - Flashes of genius, years of turmoil (Page 9) Automotive News - September 29, 2008 - Denso says U.S. woes will cut its profits (Page 10) Automotive News - September 29, 2008 - Denso says U.S. woes will cut its profits (Page 11) Automotive News - September 29, 2008 - Ford field rep didn't help at all (Page 12) Automotive News - September 29, 2008 - Ford field rep didn't help at all (Page 13) Automotive News - September 29, 2008 - Where is the power going to come from? (Page 14) Automotive News - September 29, 2008 - Where is the power going to come from? (Page 15) Automotive News - September 29, 2008 - Hyundai, Kia mold separate identities (Page 16) Automotive News - September 29, 2008 - Hyundai, Kia mold separate identities (Page 17) Automotive News - September 29, 2008 - Behind on hybrids, Hyundai sets high goals (Page 18) Automotive News - September 29, 2008 - Behind on hybrids, Hyundai sets high goals (Page 19) Automotive News - September 29, 2008 - Dealers (Page 20) Automotive News - September 29, 2008 - Dealers (Page 21) Automotive News - September 29, 2008 - RV sales drop 31.9% in June (Page 22) Automotive News - September 29, 2008 - RV sales drop 31.9% in June (Page 23) Automotive News - September 29, 2008 - RV sales drop 31.9% in June (Page 24) Automotive News - September 29, 2008 - RV sales drop 31.9% in June (Page 25) Automotive News - September 29, 2008 - RV sales drop 31.9% in June (Page 26) Automotive News - September 29, 2008 - Mexico sales off 4.8% in Aug., 1.2% for 8 mos. (Page 27) Automotive News - September 29, 2008 - Suzuki to aim pickup at motorcycle owners (Page 28) Automotive News - September 29, 2008 - Experts: Learn Korean hierarchies (Page 29) Automotive News - September 29, 2008 - Readers' comments on Bill Heard's collapse (Page 30) Automotive News - September 29, 2008 - Chrysler cuts 250-300 salaried workers (Page 31) Automotive News - September 29, 2008 - Minority supplier drops stamping business (Page 32) Automotive News - September 29, 2008 - Minority supplier drops stamping business (Page 33) Automotive News - September 29, 2008 - St. Louis dealer to paper that outsourced typesetters: 'Deal me out' (Page 34) Automotive News - September 29, 2008 - St. Louis dealer to paper that outsourced typesetters: 'Deal me out' (Page 35) Automotive News - September 29, 2008 - St. Louis dealer to paper that outsourced typesetters: 'Deal me out' (Page 36)
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