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Dealer-certified programs represent a third category, as they are often promoted as Certified Pre-Owned. These vehicles generally have not been inspected by anyone outside the dealership, but do typically carry a warranty or extended service contract to provide some protection to the consumer.
It's gotten to the point where [the certified pre-owned car] is a legitimate third type of vehicle, said Tom Kontos, vice president for industry relations and analytical services at Adesa Corp., an Indianapolis-based global vehicle re-marketing firm.It gives the retailer a third opportunity to sell a car.he second-hand automobile didn't come with a warranty, let alone a manufacturer's seal of approval. And there certainly weren't any cut-rate financial incentives to entice the unfortunate used-car shopper. But times have changed. Today, the era of the manufacturer certified pre-owned vehicle is in full swing.