14779As originally reported in a subscriber-only Automotive News story, Lexus is now allowing older and higher-mileage vehicles to qualify for their Certified Pre-Owned Program. Damon Lavrinc of Autoblog, however, offers <A HREF="http://www.autoblog.com/2007/12/24/certified-pre-owned-lexus-standards-get-more-lenient/">an excellent summary of what exactly this entails.</A> Here's his article:
Certified pre-owned Lexus standards get more lenient
Certified used vehicles are a beacon for new customers considering a brand switch. Lexus has recognized this for a while, and the luxury marque is trying to keep supply up with demand. Due to an apparent influx in certified used vehicle sales, Lexus will be a bit more lenient on what vehicles make the factory-approved cut, but Lexus execs are insistent that the new policies won't degrade the quality of vehicles available.
Rather than cutting back on Lexus' multi-point inspection, the automaker will increase the allowable mileage for a certified vehicle from 60,000 to 70,000 miles, while extending eligible vehicles to seven-year old models, up from the current standard of six years.
Matt Kaleba, the manager of Lexus' certified used-vehicle program, expects sales of the pre-owned vehicles to increase by about seven-percent, and, more importantly, get buyers back to dealers when they want to upgrade to a brand-new model.
Certified pre-owned Lexus standards get more lenient
Certified used vehicles are a beacon for new customers considering a brand switch. Lexus has recognized this for a while, and the luxury marque is trying to keep supply up with demand. Due to an apparent influx in certified used vehicle sales, Lexus will be a bit more lenient on what vehicles make the factory-approved cut, but Lexus execs are insistent that the new policies won't degrade the quality of vehicles available.
Rather than cutting back on Lexus' multi-point inspection, the automaker will increase the allowable mileage for a certified vehicle from 60,000 to 70,000 miles, while extending eligible vehicles to seven-year old models, up from the current standard of six years.
Matt Kaleba, the manager of Lexus' certified used-vehicle program, expects sales of the pre-owned vehicles to increase by about seven-percent, and, more importantly, get buyers back to dealers when they want to upgrade to a brand-new model.