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This sounds like the US concept of a Certified Pre-Owned car (at least that's Ford's term for it). The car is used, often just off-lease, but it's inspected by

This sounds like the US concept of a Certified Pre-Owned car (at least that's Ford's term for it). The car is used, often just off-lease, but it's inspected by the dealership and minor repairs are done so it can be resold with the original warranty essentially reset as if it were new.

samwillis 5y ago
We have that here in the UK, the thing that’s different with this plan it to take the cars back to a factory (potentially alongside new cars being built) to be worked on. It is much more like how Apple, for example, sell refurbished devices that have been put back down a production line for remanufacturing. I think the intention is for the remanufactured cars to be almost indistinguishable from a brand new car (as an Apple refurbished device is).
throwawayboise 5y ago
I would wager very little beyond a detail cleaning is done to a "Certified Pre-Owned" car. Maybe they give it a mechanical once-over and a quick computer diagnostic scan to be sure it doesn't have any obvious problems. Make it look as new as you can, sell it at a premium as a "certifed" car, with maybe a 2-year warranty. Profit. Even a 5 year old car is very unlikely to have any major mechanical issues unless it has been abused.
- rootusrootus 5y ago
  Right, you aren't paying for the inspection, you are buying the extended warranty with a pretty name.
- anonAndOn 5y ago
  Exactly. Those 100 point inspections that are used to "certify" a pre-owned vehicle may include such challenging tests as: - Car starts - Windshield wipers present - Door locks work - Key fobs work ...etc
- jbluepolarbear 5y ago
  I bought a certified pre-owned Mazda CX-5 and it had new brakes, all fluids flushed, new battery, new serpentine bet, new tires, and many other refreshed replacements and cleanings. It was really only $1000 more than like used CX-5 and came with a new manufacturer warranty. Was worth it in every way.
- sgtnoodle 5y ago
  My certified pre-owned GMC Acadia has a 5 year GM bumper-to-bumper warranty on top of the original factory warranty. I had to pay for it, but the dealer fudged the financing rate to almost 0% to completely cancel it out over the term of the loan, so the loan "interest" is basically paying GM for the warranty rather than the bank.

samwillis 5y ago

We have that here in the UK, the thing that’s different with this plan it to take the cars back to a factory (potentially alongside new cars being built) to be worked on. It is much more like how Apple, for example, sell refurbished devices that have been put back down a production line for remanufacturing. I think the intention is for the remanufactured cars to be almost indistinguishable from a brand new car (as an Apple refurbished device is).

throwawayboise 5y ago

I would wager very little beyond a detail cleaning is done to a "Certified Pre-Owned" car. Maybe they give it a mechanical once-over and a quick computer diagnostic scan to be sure it doesn't have any obvious problems. Make it look as new as you can, sell it at a premium as a "certifed" car, with maybe a 2-year warranty. Profit. Even a 5 year old car is very unlikely to have any major mechanical issues unless it has been abused.

rootusrootus 5y ago
Right, you aren't paying for the inspection, you are buying the extended warranty with a pretty name.
anonAndOn 5y ago
Exactly. Those 100 point inspections that are used to "certify" a pre-owned vehicle may include such challenging tests as: - Car starts - Windshield wipers present - Door locks work - Key fobs work ...etc
jbluepolarbear 5y ago
I bought a certified pre-owned Mazda CX-5 and it had new brakes, all fluids flushed, new battery, new serpentine bet, new tires, and many other refreshed replacements and cleanings. It was really only $1000 more than like used CX-5 and came with a new manufacturer warranty. Was worth it in every way.
sgtnoodle 5y ago
My certified pre-owned GMC Acadia has a 5 year GM bumper-to-bumper warranty on top of the original factory warranty. I had to pay for it, but the dealer fudged the financing rate to almost 0% to completely cancel it out over the term of the loan, so the loan "interest" is basically paying GM for the warranty rather than the bank.