
Chrysler LLC recently announced a plan to expand its Certified Pre-Owned Vehicle (CPOV) program eligibility to all qualifying Chrysler, Jeep(R) and Dodge dealers in the U.S. Previously, this program was limited only to the automaker's Five Star(R) dealers.
About Certified Pre-Owned Vehicles
Chrysler launched its national Certified Pre-Owned Vehicle program as a Five Star Dealer exclusive in the spring of 2002; it has since been the fastest growing brand in the certified-used segment.
Reporting 14 consecutive years of industry growth, Certified Pre-Owned Vehicle industry sales figures through December 2007 were up 2 percent calendar-year-to-date, according to sales numbers provided by Autodata. At the same time, Chrysler Certified Pre-Owned Vehicle sales were up 5 percent, which is the sixth consecutive year the CPOV brand sales growth rate has more than doubled the industry segment.
Chrysler's Certified Pre-Owned Vehicle Program Benefits
Marketed as "Brand Spankin' Used(R)," Chrysler Certified Pre-Owned Vehicles are sold only through Chrysler, Jeep and Dodge dealerships that have had a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation before they are authorized to sell Chrysler Certified Pre-Owned Vehicles.
For a vehicle to be certified under Chrysler's used-vehicle program, it must be a 2003 through 2008 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125-point mechanical, safety and condition standard inspection. Chrysler CPO vehicles are backed by an eight-year/80,000-mile powertrain limited warranty, 24-hour, 365-day full roadside assistance with a $35 per day rental car allowance and a three-month or 3,000-mile Maximum Care warranty that is additive to any remaining 3 year / 36,000 mile comprehensive new vehicle warranty.
In addition, Chrysler Financial consistently offers special financing programs for qualified CPOV buyers, and along with the Carfax Vehicle History Report, a Carfax limited buyback guarantee is offered as part of their Certified Pre-Owned Vehicle program partnership with the automaker.
Contact the Chrysler Group regional sales office for further information and the new Brand Spankin' Used logo.
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