Should I purchase a Gm repurcased vehcile?
info about GM REPURCHASED VEHICLES
What is a GM repurchased vehicle?
A GM repurchased vehicle is exactly what it sounds like. GM buys the vehicle back from the original owner due to either a real or perceived issue. Usually this occurs due to a recognized issue that was not repaired in a timely manner, or the problem was misdiagnosed or not detected by the repairing dealer. These issues can range from functional to cosmetic. Because GM stands behind their product and wants to ensure the satisfaction of the owner, GM assists with the purchase of a replacement vehicle and then thoroughly inspects the returning vehicle to ensure that it meets GM standards. Once it is verified to meet stringent standards the vehicle is then offered for resale through a GM authorized dealership. The vehicle is then brought to our facility and listed for sale.
Should I buy a GM repurchased vehicle?
Potential buyers, one benefit often is these vehicles can be a great savings. They are acquired and these vehicles are from GM directly. All our vehicles are subjected to a 172-point inspection and are then detailed and reconditioned. There are numerous buyers each year that have purchased these vehicles at Lavery Automotive we are very familiar with the process but again this isn't for everyone's as each person has a unique need and situation when shopping for their next vehicle.
What about the Carfax Vehicle History Report?
It may or may not show up on the Carfax as a branded/lemon/repurchased vehicle. All our vehicles come with a copy of the Carfax history report for your review.
Is a GM repurchased vehicle a defective or broken vehicle?
Not at all. Regardless of the reason for it being bought back by GM, the vehicle has been repaired to factory specification.
How is my resale value on the GM repurchase if I want to trade it in?
Some dealers who are not as familiar with them may feel hesitant to pay full market value. We are always willing to pay market value as we know the history of the vehicle when you are ready to turn it in. If you choose to trade elsewhere in the future, simply save the paperwork to show the reason for the repurchase so the dealer understands.
Do I get a warranty with a GM repurchase?
Yes-- When purchasing a GM repurchased vehicle, you will get a minimum 12 month/12,000 miles warranty, whichever occurs first. See dealer for limited warranty details. You are also entitled to any unexpired portion of the original factory warranty that remains on the vehicle. The unexpired warranty is from the date the vehicle was originally delivered to or put into service by the first owner. Ask your sales representative to explain and check the exact coverage for the specific vehicle. Also keep in mind this warranty applies at GM-branded dealerships throughout the United States.
What if the problem is not fixed?
The chances of the same problem surfacing again are slim but it can happen. These vehicles are inspected by General Motors. In the rare case the issue does resurface, it may or may not be covered by the warranty and GM would be notified that the problem persists through a GM Certified Service Center. Additional questions? Contact our Sales Department and we can talk further with any questions. 330-823-1100
A GM repurchased vehicle is exactly what it sounds like. GM buys the vehicle back from the original owner due to either a real or perceived issue. Usually this occurs due to a recognized issue that was not repaired in a timely manner, or the problem was misdiagnosed or not detected by the repairing dealer. These issues can range from functional to cosmetic. Because GM stands behind their product and wants to ensure the satisfaction of the owner, GM assists with the purchase of a replacement vehicle and then thoroughly inspects the returning vehicle to ensure that it meets GM standards. Once it is verified to meet stringent standards the vehicle is then offered for resale through a GM authorized dealership. The vehicle is then brought to our facility and listed for sale.
Should I buy a GM repurchased vehicle?
Potential buyers, one benefit often is these vehicles can be a great savings. They are acquired and these vehicles are from GM directly. All our vehicles are subjected to a 172-point inspection and are then detailed and reconditioned. There are numerous buyers each year that have purchased these vehicles at Lavery Automotive we are very familiar with the process but again this isn't for everyone's as each person has a unique need and situation when shopping for their next vehicle.
What about the Carfax Vehicle History Report?
It may or may not show up on the Carfax as a branded/lemon/repurchased vehicle. All our vehicles come with a copy of the Carfax history report for your review.
Is a GM repurchased vehicle a defective or broken vehicle?
Not at all. Regardless of the reason for it being bought back by GM, the vehicle has been repaired to factory specification.
How is my resale value on the GM repurchase if I want to trade it in?
Some dealers who are not as familiar with them may feel hesitant to pay full market value. We are always willing to pay market value as we know the history of the vehicle when you are ready to turn it in. If you choose to trade elsewhere in the future, simply save the paperwork to show the reason for the repurchase so the dealer understands.
Do I get a warranty with a GM repurchase?
Yes-- When purchasing a GM repurchased vehicle, you will get a minimum 12 month/12,000 miles warranty, whichever occurs first. See dealer for limited warranty details. You are also entitled to any unexpired portion of the original factory warranty that remains on the vehicle. The unexpired warranty is from the date the vehicle was originally delivered to or put into service by the first owner. Ask your sales representative to explain and check the exact coverage for the specific vehicle. Also keep in mind this warranty applies at GM-branded dealerships throughout the United States.
What if the problem is not fixed?
The chances of the same problem surfacing again are slim but it can happen. These vehicles are inspected by General Motors. In the rare case the issue does resurface, it may or may not be covered by the warranty and GM would be notified that the problem persists through a GM Certified Service Center. Additional questions? Contact our Sales Department and we can talk further with any questions. 330-823-1100
