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.
[Source: Automotive News – Sub. Req.]
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.
[Source: Automotive News – Sub. Req.]
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