Lexus, Kia Receive CPO Honors

By Staff Writer June 04, 2021

Lexus and Kia are the top luxury and non-luxury brands, respectively, in Autotrader’s Best CPO Programs of 2021.

AutoTrader reported, “Hitting all the high notes, Lexus L/Certified leads the way among luxury CPO programs due to the absence of a mileage cap for its added CPO warranty, in addition to the program’s other robust features. To qualify for Lexus L/Certified, a vehicle must be no more than six years old, have no more than 70,000 miles on the odometer, pass a factory-supervised 161-point inspection, and have a clean vehicle-history report.”

AutoTrader said Lexus stood out for its warranty which added two years with unlimited mileage coverage to whatever remains of its original four-year/50,000-mile new-car warranty. Other highlights of the Lexus L/Certified program include: 24-hour roadside assistance, loaner car covered during repairs, and trip-interruption allowance providing reimbursement for meals, a rental car ($50 per day for up to five days), and lodging (up to $200 per night for up to three nights). Rounding out the perks are four scheduled-maintenance visits, according to AutoTrader.

For the non-luxury category, Kia’s CPO program rose to the top among non-luxury automakers in a very competitive marketplace, AutoTrader stated.

“Kia’s stellar powertrain warranty and the fact that the CPO coverage is transferable gave the brand its leg-up on the competition to win this year’s honor,” the release stated. “Kia’s CPO coverage can be transferred to another private owner for a $40 fee. For a used car or SUV to qualify for Kia’s CPO program, it must be no more than five years old, have no more than 60,000 miles on the odometer, pass a 173-point inspection, and have a clean vehicle-history report.

“Kia’s CPO program stands out due to its industry-leading 10-year/100,000-mile powertrain warranty. When a Kia model passes from its original owner, its powertrain warranty is reduced to five years/60,000 miles from the original new-car purchase date. However, Kia reinstates the original 10-year/100,000-mile powertrain warranty for its CPO cars and SUVs. In addition, Kia provides its CPO vehicles with a one-year/12,000-mile limited bumper-to-bumper warranty beginning on the CPO sale date (requiring a $50 deductible for each covered repair).”

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Last modified on Tuesday, 08 June 2021 13:10