General Motors is getting serious about used car sales. Starting June 1, the automaker will begin giving pre-owned shoppers up to one year or 12,000 miles of bumper-to-bumper warranty coverage (even on a non-GM product) as a way to shore up vehicle sales in its dealer network amid rising new-vehicle costs. There is some bad news, however. The traditional GM Certified Pre-Owned program will go away for Chevrolet, Buick, and GMC models, meaning the extended 10-year/100,000-mile warranty is no more unless you go for a used Cadillac – time to swing for that Escalade.
Moving Away From CPO
GM will implement the change through its existing used car shopping portal, called CarBravo, which was established in 2023 to give the company's retailers a one-stop outlet for certified pre-owned vehicles. According to Reuters, GM says that fewer than a quarter of its dealer network lists their vehicles on CarBravo, but that should change in June, when the website becomes the sole way that GM certifies its factory-warrantied used cars.
For vehicles that are under 10 years old and have less than 100,000 miles, GM will provide one year or 12,000 miles of bumper-to-bumper coverage (in addition to any leftover original warranty). There are even some protections in place for older used cars; everything under 15 years old and with less than 150,000 miles has a 30-day, 1,000-mile warranty. And since the new certified program is open to all makes and models, that means that Chevrolet, Buick, and GMC dealers who take a Ford or a Toyota in on trade can inspect it, then list it on CarBravo and offer both online and in-person shoppers at least some warranty coverage on just about every car on the lot.
How The New Program Works
Due to the strict direct-sale ban in many US states, finding a car may happen online, but the actual sale goes through the dealership. But once a customer finds a car they like – either directly at the retailer or online – they can initiate the purchasing process and either do an in-person pickup or schedule an at-home delivery.
It's not clear, however, if CarBravo provides any valuation or negotiation tools to the customer, nor do we know if the pricing is considered no-haggle, so buyers would be wise to read the fine print before they sign so they don't end up with adjusted market value or junk fees. And it's also possible to find many of those same vehicles via the CarBuzz Marketplace, which shows cars that are listed at a variety of different dealer websites and used car retailers.
Source: General Motors, Reuters
Read the full article on CarBuzz
This article originally appeared on CarBuzz and is republished here with permission.
