Toyota has won the Used Automobile Scheme award on the What Automobile? Used Automobile Awards, for its Toyota Chill out programme.
Toyota Chill out was recognised because the “best in the marketplace”, by the magazine, and credited for its 10-year warranty.
Mark Pearson, used cars editor at What Automobile?, said: “Toyota Chill out was certainly one of the primary used automobile schemes to supply the posh of a possible 10-year warranty period and possibly the primary to do what it says on the tin.
“Take your Toyota to a franchised dealer yearly for a service and also you’ll be rewarded with one other 12 months of additional warranty, applicable to all models as much as a maximum of 10 years old or with 100,000 miles on the clock.
“Few others can match that, and once you throw in a 145 multi-point check and a 12-year hybrid battery warranty too, the Chill out scheme stands supreme.”
All Toyota Approved used cars undergo a 145-point technical check, covering the engine and battery condition, mechanical parts and hybrid system health.
A recent study found that Toyota hybrids are probably the most reliable, with the bottom warranty claim rates recorded over a 12-month period.
The Toyota Approved Warranty covers cars which might be lower than 10 years old (or below 100,000 miles), for no less than 12 months. An extra 12-month/10,000-mile warranty it routinely supplied with every qualifying service, as much as 10 years or 100,000 miles, whichever comes first.
Each vehicle also comes with 12 months’ full roadside assistance cover, including roadside and at-home breakdown and recovery services, plus a security kit within the boot.
Toyota shared the award with its sister luxury brand Lexus, which operates Lexus Select, the same used automobile scheme.
Automobile manufacturer backed used automobile programmes across Europe are falling in need of delivering expected returns, despite outperforming independent dealers in lots of key metrics, in keeping with recent research from Indicata.
The study, which analysed 73 manufacturer franchised networks across 12 countries, including the UK, found a consistent gap between investment and performance.
On average, manufacturers invest around €1,100 (£950) per unit into remarketing and authorized pre-owned programmes, yet typically only generate €450 (£388) per unit in returns.
This Article First Appeared At www.am-online.com
