The Chrysler Group's "Brand Spakin' Used" certified pre-owned (CPO) vehicles are flying off dealership lots, if a recent press release sent out by Chrysler is any indication. The automaker reports that March was a record for selling CPO vehicles, with dealers reporting sales 14-percent higher than March of '05 and 29-percent higher than February of 2006 at {C}12,029 units. The quarter rounded out at {C}29,783 units total, also a record at 7-percent higher than first quarter last year.
We're curious to know if any readers out there are proud owners of pre-owned vehicles. Has the dealership experience been up to par with a new car purchase? Have you noticed more initial problems with the vehicle than with new cars you've purchased in the past?
Chrysler Group reported that its Five Star dealers posted an all-time monthly sales record of 12,029 Certified Pre-owned Vehicle (CPOV) units in March, a 14 percent increase from March 2005 sales and a 29 percent jump from February 2006 results. Also, the first quarter in 2006 was the best quarter ever for the Chrysler Group with sales reaching a record 29,783 units and surpassing first quarter sales last year by 7 percent.
Each Chrysler Group brand posted significant gains in March versus sales a year ago. Chrysler brand sales improved 20 percent to 4,134 units, Jeep® brand sales increased 19 percent to 2,582 units and Dodge brand sales rose 8 percent to 5,313 units. First quarter sales were also up across the board; Chrysler brand sales rose 16 percent, Dodge brand sales advanced 4 percent and Jeep brand sales improved 2 percent for the year.
"Due to the outstanding efforts of our Five Star dealers, each of the Chrysler Group's eight Business Centers have exceeded March 2005 sales," said Ray Fisher, Vice President - Sales, Service and Parts Operations, Chrysler Group. "And now that the complimentary CARFAX Vehicle History Report is backed by a Buyback Guarantee, customers can feel more confident than ever when buying a Chrysler, Jeep or Dodge CPOV product."
Chrysler Group offers one of the most comprehensive Certified Pre-owned Vehicle programs in the industry. For a vehicle to be certified under the Chrysler Group's used vehicle program, it must be a 2001 through 2006 model pre-owned vehicle with less than 65,000 miles and pass a stringent 125 point inspection. Chrysler Group's CPO vehicles are backed by an 8-year/80,000-mile powertrain limited warranty, a 3-month or 3,000-mile Maximum Care TM warranty, 24-hour, 365-day full roadside assistance and a $35 per day rental car allowance, in addition to a CARFAX Vehicle History Report and Buyback Guarantee.
Marketed as "Brand Spankin' Used TM ," Chrysler Group's CPO vehicles are sold only through Chrysler, Jeep and Dodge dealerships which have earned the Five Star Certification. Five Star Certification is a comprehensive validation of the dealership's facilities, operational processes, salesperson and technician training accreditation as well as customer satisfaction survey ratings. Approximately 2,400 Chrysler Group dealerships in the U.S. are certified Five Star dealers.
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