The Advantages of Purchasing General Motors Buy-Back Vehicles
Learn about the advantages General Motors repurchased vehicles offer in this guide. Understand the GM buy-back process, the meticulous inspection and refurbishment conducted by Kempton Chevrolet, the cost-effectiveness of these vehicles, the transparent history disclosure, the warranty coverage, and the retained value of GM buy-backs.
What is a GM buy-back or repurchased vehicle?
A General Motors (GM) repurchased vehicle is a vehicle that GM buys back from the customer due to an unforeseen issue. When a customer buys a new vehicle and discovers a defect, manufacturers are required by Lemon Law to repurchase that vehicle if the problem was not repaired within an appropriate time frame. Whether the defect be an exterior cosmetic issue, or machinery malfunction, GM strives to uphold a standard of excellence by aiding in providing a replacement vehicle for the customer. GM then takes the returned vehicle and assigns a technician to resolve any issues, ensuring that the vehicle meets GM’s standards. After ensuring the vehicle has passed the necessary tests, GM auctions off the vehicle to dealers like Kempton Chevrolet for resale.
When Kempton Chevrolet gets buy-backs from GM, experienced technicians thoroughly inspect the vehicle and perform tests ensure they are ready to be released onto the lot. Kempton Chevrolet’s buy-back process not only consists of a 172-point inspection, but also a full detail and refurbishment. When our GM repurchased vehicles hit the lot, they are in peak condition.
Why should I buy a repurchased vehicle?
Buying a repurchased vehicle can save you money. When you purchase a buy back, you are essentially getting a newer vehicle for a much lower price. Repurchased vehicles have low mileage, no accident history, and they are fully inspected by both GM and Kempton Chevrolet.
Do I know the history of the vehicle before purchasing?
Yes! GM's commitment to transparency is evident in the Resale Disclosure Notice of Nonconformity provided with every buy-back purchase. This document provides you with a comprehensive understanding of the specific issues the vehicle had before it was repurchased, enabling you to make an informed decision.
Do GM repurchased vehicles come with a warranty?
Yes! General Motors gives customers Limited Warranty with their purchase of a buy-back vehicle. The warranty lasts for 12 month or 12,000 miles, whichever comes first. GM notes, “If warranty service is required, present the Limited Warranty for Repurchased Vehicles booklet to the authorized repairing dealer.”
Covered and Excluded Components under GM’s Limited Warranty:
In GM’s Limited Warranty for Repurchased Vehicles it states, “This warranty covers repairs and adjustments necessary to correct any defect in material or workmanship of any General Motors-supplied vehicle component.” If the vehicle cannot be driven due to a warranted problem, GM covers towing to the “nearest authorized dealership.”
The following items are issues GM does not cover under their buy-back warranty:
- Tires
- Damage or corrosion due to accidents, misuse, or alteration
- Damage or surface corrosion form environment
- Damage due to lack of maintenance or use of wrong fuel, oil, or lubricants
- General Maintenance
Retained Value of Repurchased Vehicles:
If you plan to eventually trade in a repurchased vehicle, the most important thing you can do is keep the documentation that notes the history of the vehicle and why it was repurchased. This helps dealers understand and resell the vehicle. At Kempton Chevrolet, we know the value of buybacks and though other dealerships may be wary of purchasing them, we understand the process thoroughly. Keep in mind that because buybacks are purchased at a discounted rate, they are also traded in at a discounted rate.
Embrace Quality and Savings with General Motors Repurchased Vehicles
Purchasing a repurchased vehicle from General Motors offers an opportunity to own a great vehicle at a more affordable price point. With thorough inspections, transparent history disclosure, warranty coverage, and retained value, buying a GM repurchased vehicle from a reputable dealership like Kempton Chevrolet is a wise choice. Take advantage of these benefits and enjoy a reliable and cost-effective vehicle that meets your needs and exceeds your expectations. View our inventory or contact us to check out our current deals on buy-backs!
What is a GM buy-back or repurchased vehicle?
A General Motors (GM) repurchased vehicle is a vehicle that GM buys back from the customer due to an unforeseen issue. When a customer buys a new vehicle and discovers a defect, manufacturers are required by Lemon Law to repurchase that vehicle if the problem was not repaired within an appropriate time frame. Whether the defect be an exterior cosmetic issue, or machinery malfunction, GM strives to uphold a standard of excellence by aiding in providing a replacement vehicle for the customer. GM then takes the returned vehicle and assigns a technician to resolve any issues, ensuring that the vehicle meets GM’s standards. After ensuring the vehicle has passed the necessary tests, GM auctions off the vehicle to dealers like Kempton Chevrolet for resale.
When Kempton Chevrolet gets buy-backs from GM, experienced technicians thoroughly inspect the vehicle and perform tests ensure they are ready to be released onto the lot. Kempton Chevrolet’s buy-back process not only consists of a 172-point inspection, but also a full detail and refurbishment. When our GM repurchased vehicles hit the lot, they are in peak condition.
Why should I buy a repurchased vehicle?
Buying a repurchased vehicle can save you money. When you purchase a buy back, you are essentially getting a newer vehicle for a much lower price. Repurchased vehicles have low mileage, no accident history, and they are fully inspected by both GM and Kempton Chevrolet.
Do I know the history of the vehicle before purchasing?
Yes! GM's commitment to transparency is evident in the Resale Disclosure Notice of Nonconformity provided with every buy-back purchase. This document provides you with a comprehensive understanding of the specific issues the vehicle had before it was repurchased, enabling you to make an informed decision.
Do GM repurchased vehicles come with a warranty?
Yes! General Motors gives customers Limited Warranty with their purchase of a buy-back vehicle. The warranty lasts for 12 month or 12,000 miles, whichever comes first. GM notes, “If warranty service is required, present the Limited Warranty for Repurchased Vehicles booklet to the authorized repairing dealer.”
Covered and Excluded Components under GM’s Limited Warranty:
In GM’s Limited Warranty for Repurchased Vehicles it states, “This warranty covers repairs and adjustments necessary to correct any defect in material or workmanship of any General Motors-supplied vehicle component.” If the vehicle cannot be driven due to a warranted problem, GM covers towing to the “nearest authorized dealership.”
The following items are issues GM does not cover under their buy-back warranty:
- Tires
- Damage or corrosion due to accidents, misuse, or alteration
- Damage or surface corrosion form environment
- Damage due to lack of maintenance or use of wrong fuel, oil, or lubricants
- General Maintenance
Retained Value of Repurchased Vehicles:
If you plan to eventually trade in a repurchased vehicle, the most important thing you can do is keep the documentation that notes the history of the vehicle and why it was repurchased. This helps dealers understand and resell the vehicle. At Kempton Chevrolet, we know the value of buybacks and though other dealerships may be wary of purchasing them, we understand the process thoroughly. Keep in mind that because buybacks are purchased at a discounted rate, they are also traded in at a discounted rate.
Embrace Quality and Savings with General Motors Repurchased Vehicles
Purchasing a repurchased vehicle from General Motors offers an opportunity to own a great vehicle at a more affordable price point. With thorough inspections, transparent history disclosure, warranty coverage, and retained value, buying a GM repurchased vehicle from a reputable dealership like Kempton Chevrolet is a wise choice. Take advantage of these benefits and enjoy a reliable and cost-effective vehicle that meets your needs and exceeds your expectations. View our inventory or contact us to check out our current deals on buy-backs!
