Why I Love Honda Certified Used Cars! Part III
In the last two posts I’ve been gushing about the many reasons that I love selling certified Honda vehicles – at least I did while I was an Internet Sales Manager at a local Honda dealership. Now that I am the Internet Sales Manager at Michael Stead’s Hilltop Ford I still sell pre-owned Hondas, and we have program where we offer more protection for our customers than the Honda program. Today – part III of this article. I begin with a pricing example of our program:
2008 Honda Accord EX-L sedan
-
Stock #16646
- VIN: JHMCP26868C015791
- Color: Black exterior, tan leather interior
- Miles: 18,646
PRICING OPTION #1: $22,995 + tax and license fees – only includes remaining manufacturer’s warranty (see chart above).
PRICING OPTION #2: $23,995 + tax and license fees - includes PremiumCare Extended Service package – extends protection to 7-years/100,000 miles.
COMPARE: Check our prices against other Honda Accords that have made it onto your short list. Compare these two prices to other vehicles you’ve found in your area – both Honda Certified and not.
HOW TO DECIDE: Consider differences in:
- Features (does it have leather? Navigation?)
- Condition
- Mileage
- Certified or not
- Warranty coverage
- Price
If you find the equivalent of our PremiumCareExtended Service package at other dealerships you’ll see that it usually costs significantly more – to the tune of thousands of dollars. In designing this package – including the cost of the car + the PremiumCare 7-year/100,000 miles protection – I hope to save you money while providing more value in ongoing protection compared to anyone else in the marketplace.
And in writing this and future articles, I am attempting to hand you tools so you can make the best decision for you and your family. OTHER TOOLS: Check out my FREE report, The 8 Biggest Mistakes That Used CarBuyers Make and How To Avoid Them! This FREE download is available on the right side of my home page at www.BayAreaCarGuy.com.
And for goodness sakes, try to make your car buying experience f-u-n!
L. James Johnson
james@BayAreaCarGuy.com – Personal website: http://www.bayareacarguy.com
Check out my article The 8 Biggest Mistakes That Used Car Buyers Make and How To Avoid Them! It’s a free download at www.BayAreaCarGuy.com
See my video on the top-right of my home page: How Can I Sell Used Cars To My Friends and They Won’t Hate Me Afterwards?
To see the entire article clickhere.
Why I Love Honda Certified Used Cars! Part II
Yesterday I gushed about the many reasons I love selling certified Honda vehicles – at least I did while I was an Internet Sales Manager at a local Honda dealership. Now that I am the Internet Sales Manager at Michael Stead’s Hilltop Ford I still sell pre-owned Hondas, and we have program where we offer more protection for our customers than the Honda program. Today – part II of this article:
What is the POWERTRAIN? The powertrain is the engine and transmission – considered to the two of the most expensive parts of the vehicle to fix if serious problems arise.
What is the NON-POWERTRAIN? Everything on your vehicle other than the engine and transmission. The non-powertrain warranty is often called the “bumper-to-bumper” warranty.
Why is the NON-POWERTRAIN WARRANTY so important? Each year more vehicles depend on computerized components. This can include maintenance monitoring programs, navigation systems, and electronic stability assist programs. These provide great convenience, safety, and access to technology. When problems arise, it can be expensive to diagnose the problem, or to even swap out computerized components. That’s why having the non-powertrain warranty extended to 7-years/100,000 miles is so important: to make sure that, for example, computer or electrical problems will most likely be covered.
PRICING: Have you noticed that virtually all manufacturer’s certified vehicles cost more than non-certified ones? This is because the dealer pays the manufacturer a fee when a vehicle is certified. The vehicle also must meet certain requirements, and go through an extensive inspection process with any deficiencies repaired. This added cost is going to be passed along to you, which is why certified vehicles are generally more expensive. It makes sense: A certified vehicle has added costs, but also has added value. These are passed along to the consumer with a higher selling price.
PURCHASING OPTIONS: At Hilltop Ford we offer two purchase options with most pre-owned Hondas. You can buy a Honda with only the remaining manufacturer’s warranty, if any. Or, buy your Honda with our PremiumCare Extended Service package. Let’s see how these two options compare when applied to a specific Honda Accord that we currently have in stock. (Details and pictures of the vehicle at http://hilltop-ford-lincoln-mercury.ebizautos.com/detail-2008-honda-accord_ex_sedan_4d-3786487.html.)
TOMMORROW – I get into exact costs using the example above.
To see the entire article click here.
Why I love Honda Certified Used Cars! Part I
I love selling certified Honda used cars!
Until recently I was the Internet Sales Manager for a major Honda dealership in the San Francisco/Bay area. I sold many, many certified Hondas to customers, friends, and friends of friends. These folks relied on my recommendations to find the right used vehicle for their needs, comfort, and budget. They trusted my judgment. And were so pleased with their experience that they sent their friends to me.
Selling a Certified Honda was a no brainer: there’s virtually no risk for my customers. Our mechanics not only put the vehicles through an extensive inspection – fixing any deficiencies they found – but Honda extended the warranty significantly.
NOW – I’m the Internet Sales Manager at Michael Stead’s Hilltop Ford. I continue to sell pre-owned Hondas and I continue to love the Honda Certified program. However, only an official Honda dealer can certified a Honda. “Too bad for me and my customers,” I thought.
BUT, to provide our customers with that “virtually no risk” experience when purchasing a Honda - Hilltop Ford has instituted a program that duplicates most of the Honda program AND provides better protection. We call this added level of protection our PremiumCare Extended Service package.
What does this mean to you? It means that we DOUBLE the warranty!
|
Original Warranty |
Honda Certified Program |
Our PremiumCare Package |
|
|
Clean History (no accidents!) |
– |
ü |
ü |
|
Six year old Maximum |
– |
ü |
depends on vehicle |
|
Less than 80,000 miles |
– |
ü |
depends on vehicle |
|
Inspection performed |
– |
150-point |
169-point |
|
Tire & brakes replaced if under 50% |
– |
ü |
ü |
|
Roadside Assistance |
– |
Cost is Extra |
ü |
|
Protection – Powertrain |
5-yrs / 60,000 |
7-yrs / 100,000 |
7-yrs / 100,000 |
|
Protection – Non-Powertrain |
3-yrs / 36,000 |
Adds 1-yr / 12,000 |
7-yrs / 100,000 |
Tommorrow - What is the powertrain warranty? And more about the added value you recieve with the PremiumCare package!
You can see the entire article here.
The 8 Biggest Mistakes – #8
Buying a used car can be one of the most stressful things that you’ll do this year. Yet, here are specific steps to:
- make the buying process easier
- ensure you get more than a good deal
- find a vehicle that will last you for years to come
I have compiled a list of the most common mistakes my customers have made when buying used cars. Making any one of these mistakes can cost you hundreds – even thousands of dollars more than necessary. Finally, you can get ahead of the learning curve and buy your next car with confidence.
Mistake #1 – Not test driving early in the buying process.
Mistake #2 – Not checking the CARFAX report.
Mistake #3 – Not looking at the vehicle inspection report.
Mistake #4 – Ignoring fuel consumption.
Mistake #5 – Ignoring Certified cars (CPOs) or extended warranties.
Mistake #6 – Don’t comparison shop.
Mistake #7 – Not buying from a reputable dealer.
Mistake #8 – Not following your intuition.
I find it amazing how my customers blurt out their previous car buying experiences – including all the mistakes they have made. Here are a few examples:
STORY #1 – Denzel C. told me that he knew as he was driving the car away from the seller’s house that he had made a mistake. His intuition was confirmed a short time later when he discovered that the car he just bought had been in a serious accident which damaged the frame. He wished he had not over-ruled his gut feeling. He also told me that from now on he would have his mechanic check out all private sales vehicles that made his short list.
STORY #2 – Ahmed S. told me that didn’t trust his last sales person, but bought the car anyway. It turned out that the sales person wasn’t telling him the whole truth about the car’s history. Ahmed told me that he now listens to his intuition in those situations. He also learned to read the vehicle history report before signing on the dotted line.
Life’s Lessons:
- research all the factors that concern you
- test drive early in the process
- read the vehicle history and vehicle inspection reports
- ask yourself, “Is this the car for me?”
- listen to the answer – your intuition
- if you are really sure – take action
- always contact me if you have questions
Good luck, and for goodness sake, try to have fun in your car buying experience.
L. James Johnson Internet Sales Manager james@BayAreaCarGuy.com www.BayAreaCarGuy.comThe 8 Biggest Mistakes – #7
Buying a used car can be one of the most stressful things that you’ll do this year. Yet, here are specific steps to:
- make the buying process easier
- ensure you get more than a good deal
- find a vehicle that will last you for years to come
I have compiled a list of the most common mistakes my customers have made when buying used cars. Making any one of these mistakes can cost you hundreds – even thousands of dollars more than necessary. Finally, you can get ahead of the learning curve and buy your next car with confidence.
Mistake #1 – Not test driving early in the buying process.
Mistake #2 – Not checking the CARFAX report.
Mistake #3 – Not looking at the vehicle inspection report.
Mistake #4 – Ignoring fuel consumption.
Mistake #5 – Ignoring Certified cars (CPOs) or extended warranties.
Mistake #6 – Don’t comparison shop.
Mistake #7 – Not buying from a reputable dealer.
I work at Michael Stead’s Hilltop Ford. There are a lot of small used car outlets in our area. It is heartbreaking to hear the nightmare experiences of buying a used car somewhere else.
STORY – An unemployed Brenda walked onto our sales lot one day. She told me a sad story about her last car buying experience: Less than a month after buying her used car from a small used car dealer the transmission broke down. It turns out that she hadn’t checked either the vehicle history report or the vehicle inspection report prior to buying it. Instead, she took the salesperson’s word that the car had been fully checked out.
She soon discovered that it would cost $3,500 to get the car running again. She didn’t have the money. She asked the dealership to fix the car but they refused. Brenda tried to sell the car to get out from under her remaining bank loan. But the dealer hadn’t completed the paperwork to give her a clear title. Without the title she couldn’t sell the vehicle.
Stuck, she let the car sit in its broken-down condition. Because she no longer had reliable transportation to get to her job, she was fired. When she walked onto our sales lot and asked me for help she was out of work and desperate. We went to work to get her help with her non-working vehicle, and did everything possible to get her into another car. Unfortunately, Brenda was not able to get approval on a second car loan, and the last I spoke with her she was going back to the dealer to try and resolve the numerous outstanding issues. It was a sad and unfortunate situation.
INSIDER INFORMATION – Buying from a reputable dealer will help you feel comfortable and safe in your used car purchase.
One reason that I work for a major dealership is because of the high standards and transparent dealings. I will:
- provide a free vehicle history report
- show you the vehicle inspection report
- explain warranties and the Ford Certified Pre-owned vehicle (CPO) program
- explain the Stead Certified Pre-owned Vehicle Package w/Warranty Wrap
- help you find information online
- for convenience you can even complete your credit application online
- invite you to test drive the same car more than one
There is a reason why I work where I do – and why I sell used car to my friends and neighbors – and they still like me afterwards.
And there is a reason why my friends and neighbors recommend me to their friends – and friends of friends, and so on.
See the next article in this series:
Mistake #8 – Not following your gut instinct.
The 8 Biggest Mistakes – #6
Buying a used car can be one of the most stressful things that you’ll do this year. Yet, here are specific steps to:
- make the buying process easier
- ensure you get more than a good deal
- find a vehicle that will last you for years to come
I have compiled a list of the most common mistakes my customers have made when buying used cars. Making any one of these mistakes can cost you hundreds – even thousands of dollars more than necessary. Finally, you can get ahead of the learning curve and buy your next car with confidence.
Mistake #1 – Not test driving early in the buying process.
Mistake #2 – Not checking the CARFAX report.
Mistake #3 – Not looking at the vehicle inspection report.
Mistake #4 – Ignoring fuel consumption.
Mistake #5 – Ignoring Certified cars (CPOs) or extended warranties.
Mistake #6 – Don’t comparison shop.
It’s easy to find the best price on the vehicle you want by using the Internet. I use AutoTrader.com and Cars.com to discover which vehicles are available, and their price. I can narrow my search to any ZIP code in the country. LemonFree.com is also useful.
INSIDER INFORMATION – Decide which features and benefits have the most value for you, and then comparison shop. Price is just one factor to take into account.
For Example:
- If you have a long commute, a car with lower miles has greater value than one with higher miles.
- If you drive your children to and fro, a roomier minivan or SUV is important to you – but getting one with side curtain air bags may be life-saving and therefore worth more.
Here are other features and benefits that can affect you paying more – or less – for a vehicle:
- condition of the vehicle (and therefore lower or higher service costs in the future).
- added factory options or after-market accessories (but only if YOU value them).
- remaining original factory warranty, or the cost of an extended warranty.
- whether it is a Certified Pre-owned (CPO) vehicle (having its own extended warranty saves you the cost of buying one.
Price is important but it is not the only factor to take into account. Remember that each pre-owned vehicle is “one-of-a-kind.” It is your job to decide which combination of features – benefits – and price hold the most value for you.
See the next article in this series:
Mistake #7 – No buying from a reputable dealer.
The 8 Biggest Mistakes – #5
Buying a used car can be one of the most stressful things that you’ll do this year. Yet, here are specific steps to:
- make the buying process easier
- ensure you get more than a good deal
- find a vehicle that will last you for years to come
I have compiled a list of the most common mistakes my customers have made when buying used cars. Making any one of these mistakes can cost you hundreds – even thousands of dollars more than necessary. Finally, you can get ahead of the learning curve and buy your next car with confidence.
Mistake #1 – Not test driving early in the buying process.
Mistake #2 – Not checking the CARFAX report.
Mistake #3 – Not looking at the vehicle inspection report.
Mistake #4 – Ignoring fuel consumption.
Mistake #5 – Ignoring Certified cars (CPOs) or extended warranties.
View my YouTube video, “How Can I Sell Used Cars to my Friends and They Won’t Hate Me Afterwards?” to see how my friends and I have remained friends after they purchased pre-owned vehicles from me. It’s a pretty simple formula – I first make sure that our cars are checked out mechanically, and then I try to make some form of warranty available so my friends are protected when problems occur. Here are some different scenarios:
- My mechanics have fully checked out every pre-owned vehicle before it is offered for sale, and every major component of every car has past muster. Then:
- My friends buy a vehicle with remaining original factory warranty.
- My friends buy a Ford Certified Pre-owned vehicle (CPO). These cars not only meet a higher standard, but Ford significantly extends the warranty at no extra charge.
- My friends buy a Stead Certified Pre-owned Vehicle Package w/Warranty Wrap. This pre-owned vehicle meets a higher standard AND comes with an extended warranty.
- My friends buy an extended service contract to cover any future mechanical problems.
By following these steps I know that my friends won’t be mad after they purchase a pre-owned vehicle from me.
INSIDER INFORMATION - Cars, trucks, and SUVs have thousands of moving parts. It is unreasonable to believe that they won’t break down. No matter how well a vehicle is checked out by a mechanic, or looked after by it’s owner, problems will eventually arise. One of the reasons that I work where I do is the Ford Certified Used Car program – it is one of the best in the industry. I also work for the Stead Automotive Group, which demands that every pre-owned vehicle meets a higher standard, and we have the vehicle inspection and history reports to prove it.
Did you know that part of the requirements of the Ford Certified Used Car program and the Stead Automotive Group is to replace tires or brakes if 50-percent of their life isn’t remaining? Vehicles must also pass a minimum 150-point inspection by our mechanics.
Certified programs and extended warranties can get complicated – even confusing – especially when comparing one manufacturer’s program to another. Need help? I have a special CERTIFIED section on my website that will answer most of your questions. it also compares the many manufacturer’s CPO programs with the Stead Certified Pre-owned Vehicle Package w/Warranty Wrap. The Stead CPO package can often save you money while providing a more comprehensive warranty when compared to most manufacturer CPO programs. It’s a win-win situation for my customers. I’m also happy to answer any questions that you may have. Email them to james@BayAreaCarGuy.com
See the next article in the series:
Mistake #6 – Don’t comparison shop.
The 8 Biggest Mistakes – #4
Buying a used car can be one of the most stressful things that you’ll do this year. Yet, here are specific steps to:
- make the buying process easier
- ensure you get more than a good deal
- find a vehicle that will last you for years to come
I have compiled a list of the most common mistakes my customers have made when buying used cars. Making any one of these mistakes can cost you hundreds – even thousands of dollars more than necessary. Finally, you can get ahead of the learning curve and buy your next car with confidence.
Mistake #1 – Not test driving early in the buying process.
Mistake #2 – Not checking the CARFAX report.
Mistake #3 – Not looking at the vehicle inspection report.
Mistake #4 – Ignoring fuel consumption.
If you are looking for a commuter car and are concerned about rising gas prices, don’t get sidetracked by a car you can’t afford to drive day-in and day-out. Pay attention to the gas mileage of each vehicle that makes it onto your short list – and compare.
INSIDER INFORMATION – Know the MPG rating for each car you are looking at.
I use www.fueleconomy.gov to get accurate gas mileage figures on any pre-owned vehicle. It’s a user-friendly, federal government website. However, beginning with 2008 the EPA rating changed the way it estimates MPG. It now takes into account:
- faster speeds and acceleration
- air conditioning use
- colder outdoor temperatures
This means that every 2008 model has a lower MPG. This website can give you the old rating – or convert to the new ones. Be sure that you compare the cars you are interested in “old rating to old rating,” or “new to new.”
Of course, the your actual mileage will vary based on traffic conditions, driving habits, and where you drive.
See the next article in this series:
Mistake #5 – Ignoring Certified cars (CPOs) or extended warranties.




