Up to five years’ warranty on Approved Used Toyotas

Up to five years’ warranty on Approved Used Toyotas

22/03/2012 in News, All News

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Up to five years’ warranty on Approved Used Toyotas

Toyota has introduced a new warranty programme for customers buying its Approved Used cars with up to 150,000 miles on the clock.

This is a Toyota-backed warranty, not a third-party insurance product, and customers can extend the basic 12 months’ cover for a further four years.

If the car is less than five years old they can choose up to 48 additional months. If it is between five and eight years old then cover is only available for another 24 months.

The warranty includes MoT test cover and customers can spread the cost under a new monthly payment plan.

Should any part covered by the warranty fail, it will be fixed at an official Toyota Service Centre using genuine Toyota parts, with no charge to the customer for parts or labour.

Iain McCall, manager for vehicle remarketing & cost of ownership at Toyota, commented: “We believe our new extended warranty programme gives our customers similar protection and peace of mind to the five-year warranty on all our new vehicles.”
 


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Toyota (GB)

Toyota has endured two challenging years which have seen its sales slip, caused by both internal and external events. The challenge now is to halt the slide in 2012 and return to growth.

A product offensive will go some of the way to delivering that increase, including the first full year of new Avensis and Yaris, along with a host of hybrid launches, covering Yaris, the Prius+ seven-seat MPV and Prius Plug-in.

There is also a focus on maintaining consistency of service across the retail network and ensuring dealers are profitable by ensuring customers stay in the franchised network for servicing work as their vehicles get older.

Retention of the 0-8 year Toyota parc is around 34%, compared to about 60% for Lexus.

Note: Manufacturers administer the franchised contracts for cars and LCVs in different ways. Broadly, for some the contract to sell cars and LCVs is managed through a separate dealer contract. For others one contract covers both vehicle types.

AMi seeks to acknowledge the difference and reflect it in the count of each dealer groups total franchised outlets (franchised businesses) and sites (locations).

Toyota administers car and LCV sales under a single contract.

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