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Dealers Seeing More Consumers Switching from New to CPO
2013-07-24 03:39:17| AutomotiveDigest.com - Automotive Industry News
Art Spinella President CNW Research During the first six months of 2013, nearly 6% of new car intenders have moved to used; about 60% of buyers of CPO vehicles were originally planning on buy new rather than used. For full-year 2013, it will mean more than 1.2 million potential new-car buyers will be switching to [...]The Article Dealers Seeing More Consumers Switching from New to CPO appeared first on Automotive Digest.
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GM and Toyota Have Strongest Showing in Vincentric CPO Awards
2013-07-17 00:51:48| AutomotiveDigest.com - Automotive Industry News
The Vincentric Best CPO Value in America awards were launched last week and General Motors and Toyota each took eight Vincentric awards. Honda took best value passenger car brands, Lexus won best luxury brands, and GMC captured best truck brand award. The awards recognize efforts manufacturers have put into quality improvements supported by strong CPO warranties that provide value to buyers of certified pre-owned vehicles, said David Wurster, President of Vincentric. Winners were identified by measuring which vehicles had lower than expected ownership costs given their market segment and price. The Article GM and Toyota Have Strongest Showing in Vincentric CPO Awards appeared first on Automotive Digest.
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Best CPO Value Awards Launched by Vincentric
2013-07-11 03:04:28| AutomotiveDigest.com - Automotive Industry News
Vincentric just kicked off its Best CPO Value in America awards, with Honda taking the Passenger Cars category, Lexus winning Luxury Brand, and GMC topping the Trucks segment; 36 models have been named as well, and the category awards have been named based on the makes that took the most awards for that segment. Vincentric [...]The Article Best CPO Value Awards Launched by Vincentric appeared first on Automotive Digest.
What CPO Shoppers Are Looking for in Service History and Warranty Coverage
2013-06-17 20:58:19| AutomotiveDigest.com - Automotive Industry News
Many certified pre-owned vehicle customers in the early days were luxury car owners who were very demanding what they were willing pay for. These days, theyre still typically well educated about their options in luxury and other segments. Theyre going to be investing more than a comparable used model, and will have done their homework on what to look for. Cars.com has offered consumers a checklist of what to look for in CPO vehicles. You can expect a lot of these car shoppers to do so. In this display of used vehicles that have been refurbished and cleaned up, showing evidence of service and maintenance is important. Car shoppers want to feel confident on the repair and maintenance history, and want to get a clear view of the cars warranty and their coverage options. Heres some of the inspection points emphasized by Cars.com that apply to service lanes and meeting the CPO checklist.The Article What CPO Shoppers Are Looking for in Service History and Warranty Coverage appeared first on Automotive Digest.
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Volvo Satisfied with Changes Started in CPO Program
2013-05-29 06:58:45| AutomotiveDigest.com - Automotive Industry News
Volvo is still waiting to see how changes made months ago to its certified used-vehicle program turn out. Things are moving in the right direction though, said Steve Golow, Volvo pre-owned car-line manager. In December, Volvos new captive finance company took over leases and on Jan. 1, its warranty for certified was extended to seven [...]The Article Volvo Satisfied with Changes Started in CPO Program appeared first on Automotive Digest.
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