Certification of Second Hand Cars
Certification involves the appraisal of second hand cars and subsequent marketing with extended warranties. Previously done by manufacturers only, more companies and dealers are getting into this field of specialisation. Certification involves extensive testing and detailed repair as well as addition of accessories by manufacturers. Cars that qualify for certification mostly have low mileage and are commonly used for a period less than five years; this means that most of these cars are still under warranty. The cars should be free of any major damage. The manufacturer undertakes to extend the warranty after extensively servicing the vehicles.
Initially, manufacturers offered this service for luxury cars only. This was a way of providing new car buyers with a way of upholding the resale value of their cars. The refurbished cars provide buyers with an option of buying a quality vehicle that is among the most recent models and thus enjoy owning a car that they would not have been able to afford before. The buyer enjoys second hand cars in Perth that are like-new from the manufacturer. The extended warranty provides peace of mind for buyers as any defects not detected at sale will be covered by the dealer.
Regulation of Second Hand Cars Sales
Consumer protection is a key role of governance. There have been multiple laws enacted in the recent past that are aimed at ensuring that unscrupulous dealers do not take advantage of unsuspecting buyers of second hand cars. Common consumer protection regulations in Australia and other countries force dealers to be accountable to the value of the vehicles they sell by imposing statutory warranties.
Regulation on second hand cars varies in different parts of Australia, but some provisions are commonly applied all over the country. For instance, all dealers are supposed to offer a statutory warranty for three months i.e. 5000km for all cars that are less than 10 years old and have travelled under 160000km. The buyer is also offered a stipulated period in which they can cancel the purchase agreement for a nominal fee; this period ranges from 1 to 3 business days.
Today when purchasing second hand cars you can be sure that you will get the best and most recent car models at substantially reduced prices.