Friday, March 13, 2009

Certified Pre-Owned hybrids from Toyota

Toyota just announced that they are going to certify pre-owned hybrid vehicles. Obviously, these certified hybrids will command a premium over their non-certified counterparts.

However, you are getting this additional warranty:

  • 3-month/3,000-mile comprehensive warranty
  • 7-year/100,000-mile limited powertrain warranty1
  • 7-year/100,000-mile roadside assistance1
  • 174-point quality assurance inspection
  • CARFAX® Vehicle History Report™
  • 8-year/100,000-mile factory hybrid battery warranty1
  • Standard new-car financing rates available
For potential used-Prius owners, the 8 yr battery warranty could help alleviate some anxiety. It will be interesting to see how this affects used Prius prices.

Here is the announcement from Toyota.

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