Award-winning CPO Program Stands Out From the Competition with 5.2-percent Increase Year-to-Date
- Double digit gains for Kia’s Sedona and Sportage power CPO sales
- Strong brand appeal continues to drive Kia’s CPO momentum
IRVINE, Calif., Aug. 10, 2017 – Kia Motors America announced its second-best July Certified Pre-Owned (CPO) vehicle sales with 6,431 units sold, proving that consumers continue to be attracted to Kia’s award-winning lineup of vehicles. Double digit gains for Kia’s Sedona and Sportage helped the brand continue to outpace the industry in July.
Autodata’s1 July CPO retail sales report confirms that when it comes to pre-owned vehicles, Kia continues to excel with an overall 5.2-percent increase year-over-year.
“With the explosion in popularity of leasing over the past few years, the market is now flush with quality low-mileage used vehicles that are attractive to buyers looking for near-new models at affordable prices,” said Jessica Caldwell, executive director of industry analysis for Edmunds. “Certified Pre-Owned programs like Kia’s provide another layer of confidence about buying used by running vehicles through stringent inspections and securing impressive warranties.”
Administered by JM&A Group, Kia’s CPO program accepts only Kia vehicles that are five years or newer with fewer than 60,000 miles on the odometer and every vehicle undergoes a meticulous 150-point Quality Assurance inspection by certified Kia technicians. CPO vehicles also come with a 10-year /100,000-mile powertrain limited warranty2 and 12-month /12,000 mile-Platinum Coverage3. Whether it’s the midsize Optima sedan, iconic Soul or the Sorento SUV that drivers dream of, customers get a great price matched with superb quality, bypassing the stress, risk and uncertainty that typically comes with buying a previously owned vehicle.
About Kia Motors America
Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands and 50 Best Global Green Brands by Interbrand. Kia serves as the "Official Automotive Partner" of the NBA and LPGA and offers a complete range of vehicles sold through a network of nearly 800 dealers in the U.S., including cars and SUVs proudly built in West Point, Georgia.*
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About JM&A Group
JM&A Group, a leader in the F&I industry for 39 years, serves more than 3,800 automotive dealerships and retail outlets nationwide. The company provides a variety of products and services such as F&I training and consulting services, vehicle protection plans, used vehicle certification programs, pre-paid maintenance plans and GAP programs. JM&A Group is a division of JM Family Enterprises, Inc. headquartered in Deerfield Beach, Fla. JM Family is a diversified automotive corporation ranked No. 21 on Forbes’ list of “America’s Largest Private Companies” and ranked on FORTUNE®’s 100 Best Companies to Work For® list for the 19th consecutive year. For more information about JM&A Group’s products and services, contact us at 1-800-553-7146 or visit us online at www.jmagroup.com.
* The Sorento and Optima GDI (EX, SX & Limited and certain LX Trims only) are assembled in the United States from U.S. and globally sourced parts.
1 Autodata Corporation July 2017 Certified Pre-Owned Retail Sales
2 The Kia CPO 10-year/100,000-mile limited warranty program begins on the original in-service date of vehicle and odometer mile “0.” The limited warranty program includes the remainder of roadside assistance, powertrain coverage and the New Vehicle Limited Warranty (Basic). See retailer for details or go to kia.com.
3 Platinum Coverage begins on the vehicle purchase date and odometer reading on purchase date. Platinum Coverage is limited; for exact coverages, exclusions and limitations, please review CPO contract or see retailer for details.