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A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
In 2007, Chrysler began to offer vehicle lifetime powertrain warranty for the first registered owner or retail lessee. [79] The deal covered owner or lessee in U.S., Puerto Rico, and the Virgin Islands, for 2009 model year vehicles, and 2006, 2007, and 2008 model year vehicles purchased on or after July 26, 2007.
For manufacturers, managing warranty claims efficiently is crucial for customer satisfaction and maintaining brand reputation. [citation needed] Filing an automotive warranty claims can be very cumbersome. The vehicle owner can make the process simpler by engaging companies that offer Automotive warranty claims processing services. [5]
In addition to Chrysler models built in the United States, the list also includes vehicles manufactured in other countries and cars designed by other independent corporations that were rebranded for Chrysler. "Chrysler Australia" was the Australian division of Chrysler, and cars made by Chrysler Australia were sold mainly in their country of ...
This can happen for a few reasons, including long auto loan terms that leave you paying off very little principal, and low-down-payment vehicle loans. Used car prices have seen a 19% drop since ...
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
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