Hyundai and Jaguar beat the competition in IntelliChoice’s 20th annual Certified Pre-Owned Car Awards this week. With the awards in its 20th year, Hyundai won in the Popular category while Jaguar earned top scores in the Premium category.
IntelliChoice, a MotorTrend Group subsidiary, evaluates manufacturers’ certified pre-owned vehicle programs in nine areas for its CPO Car Awards: warranty coverage, inspection criteria, title verification, roadside assistance, special financing, return and exchange policies, dealer compliance, used cost of ownership, and market penetration. A total of 24 manufacturer-backed programs were analyzed in two different categories—Popular and Premium—based on market position and pricing of their vehicles. This year’s study looked at 12 Popular and 12 Premium programs.
IntelliChoice praised Hyundai for its “excellent warranty coverage coupled with a more consistent offering of special incentive financing over their competitors.” Jaguar is a return winner, having taken the same award in 2016. This year, Jaguar won because of its strong warranty program and consistently high marks in all other weighted areas.
In addition to the overall awards, IntelliChoice gave out awards in the Popular and Premium categories for best warranty and used ownership costs. Kia won the Best Popular Warranty Award with its 10-year/100,000-mile powertrain coverage and 1-year/12,000-mile platinum comprehensive coverage. In the Premium segment, Lexus snagged the warranty award for its L/Certified Limited Warranty offering six years of coverage with no mileage cap. General Motors swept the Used Ownership Costs Awards, with mainstream GM brands taking the award in the Popular category and Cadillac winning for the Premium segment.
Check out IntelliChoice’s page on MotorTrend for more info.
Source: IntelliChoice
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