![A blue 2016 Toyota Prius Two Eco](https://i.kinja-img.com/image/upload/c_fit,q_60,w_645/e7d93f16826bfb55fee2c0641fa8c5ee.jpg)
Toyota has expanded its licensed pre-owned program necessities to incorporate autos which can be as much as 10 mannequin years outdated and have as much as 125,000 miles. The newly-introduced Silver Certification stage will embody considerably lowered warranties in comparison with the reassurances granted to vehicles eligible for the already-established licensed pre-owned stage, Motor 1 experiences. The growth highlights how lengthy Toyotas are remaining on the highway, the knock-on impact that reliability has had on the model’s used automobile stock, and the way reasonably priced new vehicles are for a big section of patrons.
In addition to the looser age and milage eligibility requirement, Toyota’s silver-certified autos will solely want to satisfy a 136-point minimal on the automaker’s high quality assurance inspection. For comparability, gold-certified autos should hit a 160-point minimal in the course of the inspection.
The much less restrictive standards do come at a price. These licensed pre-owned vehicles include a transferable 12-month, 12,000-mile restricted powertrain guarantee, which is much better than nothing. Gold-certified autos have a 7-year, 100,000-mile restricted guarantee for his or her powertrains alongside a 12-month restricted complete guarantee.
In all, it’s an excellent factor that Toyota is attempting to extend its used-car stock and make automobile possession extra attainable in mild of inflation and the stagnant economic system. It additionally speaks extremely of the autos that it produces if the automaker is keen to connect a guaranty to a product that has spent as much as a decade in use. Honda applied an analogous pre-owned growth in 2022, and later began leasing licensed pre-owned vehicles. It makes me surprise if each new automobile will simply turn out to be a premium providing.