What is a Manufacturer Buyback Vehicle?
WHAT IS A MANUFACTURER BUYBACK VEHICLE?
BUYBACK VEHICLES
For those of you individuals visiting our organization for the first time; you may not know this, but at Bill Luke we pride ourselves on serving our customers to the best of our ability. We offer the largest selection of vehicles, and that includes vehicles that are new, used, certified pre-owned, lease, and buybacks. For those of you who are not familiar with manufacturer buybacks, allow me to explain. Manufacturer buybacks are vehicles that have been repurchased by the manufacturer due to unresolved issues reported by the initial owner of the vehicle but has since been resolved. Chrysler Jeep Dodge Ram buyback vehicles also come with a one year unlimited mile warranty! There are some myths that follow a vehicle labeled as a “Buyback,” but after today those myths will be a thing of the past.
Myth #1: Buyback vehicles are defective…
A buyback vehicle may sometimes be bought back due to unresolved issues, but that isn’t always the case. These vehicles are often repurchased as a gesture of goodwill, or because the parts for a repair may not have been available in a timely manner.
Myth #2: The vehicle isn’t always fixed when it is bought back…
When repurchased, the sole priority for the manufacturer is to make sure that the vehicle is repaired to the specification that it was originally intended for. Note that your buyback will always receive a thorough inspection to ensure it meets performance and reliability expectations.
Myth #3: These vehicles are not safe…
Since being bought back, the vehicle was repaired (if needed) and inspected to ensure compliance with all safety standards.
Myth #4: A manufacturer just wants to get rid of the car…
Note that the last thing a manufacturer wants to do is put a valued customer in a defective vehicle. Manufacturers are also legally required to resolve all issues (if any) with a car before it can be available for purchase.
All in all, if the question is: Should I consider purchasing a buyback vehicle? Then the answer is ABSOLUTELY! Come into Bill Luke today to see our vast selection of manufacturer buybacks.
TAKE COMFORT KNOWING THE BENEFITS OF OWNING A BUYBACK!
NO DEFECTS
REPAIRED VEHICLES
SAFE CARS
QUALITY OVER ANYTHING
15 comment(s) so far on What is a Manufacturer Buyback Vehicle?
You guys need to put this story link on all of your buyback listings. You are the only dealer selling buybacks. You also need to make customers aware of the one year unlimited mile warranty from Chrysler on these.
Hi Bobby!
Thank you for the suggestion, we’ll look into adding that to our listings! Great point on the one year unlimited mile warranty for CJDR buybacks, we will be sure to add that as well!
Does it say “Buyback” on the title? Is that something that follows the vehicle forever? Is buyback still considered a “Clear” title?
Hi Brett,
Thank you for your questions! So the title of the vehicle will show that it is a “buyback” vehicle, and in regards to that following the vehicle forever it will be considered a buyback vehicle forever. However, in regards to it being a clear title that depends on the state that it gets registered in. A car could have a clean title but then be a “branded buyback title” under lemon law. What you should know is that it’s not a salvaged title, but there isn’t a definitive answer on whether it’s a clean title or not. We recommend you speak to the sales professional you are working with when asking about a specific vehicle. Hope this helps!
your post is very useful to me,I will seriously consider，thanks
If you purchase one, who does the warranty work and what is covered in the first year of purchase?
Hi Nicole,
Apologies for the late reply. The warranty is usually applied to the part or defect and it varies depending on the part or defect.
What about a Reacquired vehicle, is that the same as a buyback? Vehicle was sent back for a repair but has a clean title?
Hi Jay, apologies for the late response but yes that is still a buyback. Buybacks are still technically a clean title but the title has to be marked as a buyback by law.
it is a good website of what is a manufaturer buyback vehicles .
Thank you Rushil !
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What is the impact to insuring the vehicle if it has a buyback title? Does the buyback void the original manufacturer warranty on later year vehicles?
In regard to insuring the vehicle, that is at the discretion of the insurance company. It’s best to contact your insurance company before purchasing a buyback vehicle to understand what their policy is on that. The manufacturer buyback vehicle actually carries over the original manufacturer warranty, and in some cases it has an additional warranty on the part or defect. Hope this answers your questions!