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Article: Lexus modifies coverage of certified used vehicles.(marketing of Toyota Motor Sales U.S.A. Inc. Lexus Div)(Brief article)
- Article from:
- Automotive News
- Article date:
- May 8, 2006
- Author:
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Arlena Sawyers
Lexus plans to offer service agreements to owners of its certified used vehicles that could broaden warranty coverage.
Marv Ingram, national fleet manager of Lexus' certified program, says the division and its captive finance company are developing "four or five'' service agreements. They will enable buyers to add time and mileage coverage to certified warranties, he says.
Ingram says the new agreements are likely to be introduced in October.
Certified Lexus cars and trucks are covered by a 3-year/100,000-mile warranty that extends from when the vehicle was sold as new. The certified program allows buyers to ...