Reacquired Buyback
Should I Purchase A GM Repurchased Vehicle?
A GM repurchased vehicle is exactly what it sounds like. GM buys the vehicle back from
the original owner due to either a real or perceived issue. Usually this occurs due to a
recognized issue that was not repaired in a timely manner, or the problem was
misdiagnosed or not detected by the repairing dealer. These issues can range from
functional to cosmetic. Because GM stands behind their product and wants to ensure the
satisfaction of the owner, GM assists with the purchase of a replacement vehicle and
then thoroughly inspects the returning vehicle to ensure that it meets GM standards.
Once it is verified to meet stringent standards the vehicle is then offered for resale
through a GM authorized dealership. The vehicle is then brought to our facility and
listed for sale.
Potential buyers, one benefit often is these vehicles can be a great savings. They are
acquired and these vehicles are from GM directly. All our vehicles are subjected to a
172-point inspection and are then detailed and reconditioned. There are numerous buyers
each year that have purchased these vehicles at Lavery Automotive we are very familiar
with the process but again this isn't for everyone's as each person has a unique need
and situation when shopping for their next vehicle.
It may or may not show up on the Carfax as a branded/lemon/repurchased vehicle. All our
vehicles come with a copy of the Carfax history report for your review.
Not at all. Regardless of the reason for it being bought back by GM, the vehicle has
been repaired to factory specification.
Some dealers who are not as familiar with them may feel hesitant to pay full market
value. We are always willing to pay market value as we know the history of the vehicle
when you are ready to turn it in. If you choose to trade elsewhere in the future, simply
save the paperwork to show the reason for the repurchase so the dealer understands.
Yes-- When purchasing a GM repurchased vehicle, you will get a minimum 12 month/12,000
miles warranty, whichever occurs first. See dealer for limited warranty details. You are
also entitled to any unexpired portion of the original factory warranty that remains on
the vehicle. The unexpired warranty is from the date the vehicle was originally
delivered to or put into service by the first owner. Ask your sales representative to
explain and check the exact coverage for the specific vehicle. Also keep in mind this
warranty applies at GM-branded dealerships throughout the United States.
Yes-- When purchasing a GM repurchased vehicle, you will get a minimum 12 month/12,000
miles warranty, whichever occurs first. See dealer for limited warranty details. You are
also entitled to any unexpired portion of the original factory warranty that remains on
the vehicle. The unexpired warranty is from the date the vehicle was originally
delivered to or put into service by the first owner. Ask your sales representative to
explain and check the exact coverage for the specific vehicle. Also keep in mind this
warranty applies at GM-branded dealerships throughout the United States.
The chances of the same problem surfacing again are slim but it can happen. These
vehicles are inspected by General Motors. In the rare case the issue does resurface, it
may or may not be covered by the warranty and GM would be notified that the problem
persists through a GM Certified Service Center. Additional questions? Contact our Sales
Department and we can talk further with any questions. 330-823-1100
REASONS I MIGHT INCLUDE:
Reacquired vehicles will save you hundreds if not thousands of dollars VS. those that are not reacquired. In most cases the manufacturer warranty remains & many vehicles come with extended warranty.
REASONS I MIGHT NOT INCLUDE:
If you plan to trade in your vehicle in a short amount of time some dealers consider these vehicles inferior and the trade value will likely be lower. Some of these vehicles may also have a branded title and a note on the Carfax report.
Reacquired vehicles will save you hundreds if not thousands of dollars VS. those that are not reacquired. In most cases the manufacturer warranty remains & many vehicles come with extended warranty.
REASONS I MIGHT NOT INCLUDE:
If you plan to trade in your vehicle in a short amount of time some dealers consider these vehicles inferior and the trade value will likely be lower. Some of these vehicles may also have a branded title and a note on the Carfax report.