CARFAX Joins Jaguar and Land Rover Certified Pre-Owned Programs.Business Editors/Hi-Tech Writers FAIRFAX, Va.--(BUSINESS WIRE) Nov. 13, 2002 - CARFAX, Inc., industry leader and creator of the vehicle history report, has joined Jaguar and Land Rover See LANRover. North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. in their pre-owned programs. The partnership requires that a CARFAX Vehicle History Report will be included on every Jaguar Select Edition vehicle and Land Rover Certified Pre-Owned A Certified Pre-Owned or CPO, car is a type of used car. Most often late-model, they differ from run of the mill used cars by having been refurbished, and certified by the original dealer as being as good as new. vehicle. The pre-owned programs offer consumers ownership of a Jaguar or Land Rover at significant savings. The CARFAX Report will act as an instant background check for Jaguar and Land Rover vehicles being considered for the certification program and will be presented to the consumer as part of the sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. . Using the car's 17-character Vehicle Identification Number (VIN VIN Vulvar intraepithelial neoplasm, see there ), the report is generated to confirm a clean title history and accurate mileage, or to set aside vehicles with questionable histories such as odometer odometer (ōdŏm`ĭtər), instrument provided in an automotive vehicle to indicate the total number of miles that have been traveled. discrepancies, salvage or flood damage title brands. These problems make the vehicles ineligible for Jaguar and Land Rover certification. "A clean title history provides peace of mind and ensures a quality vehicle," said Dick Raines, President of Carfax, Inc. "This venture has allowed us--with Jaguar and Land Rover--to demonstrate to consumers the value of a pre-owned certified vehicle with a detailed vehicle history report." To become a Jaguar Select Edition or Land Rover Certified pre-owned vehicle, in addition to a clean title history verified by CARFAX, each car must go through an in-depth inspection performed with an exacting level of scrutiny and attention to detail. Each of these tests must be passed before Jaguar and Land Rover technicians will put their names on the certification report. Each vehicle is factory backed with a manufacturer's limited warranty Limited warranty A warranty with certain conditions and limitations on the parts covered, type of damage covered, and/or time period for which the agreement is good. and must be in excellent mechanical condition while meeting high visual standards. ABOUT CARFAX Founded in 1984, CARFAX pioneered the concept of the vehicle history report - the instant background check on any used car. CARFAX Vehicle History Reports can confirm a clean title history or identify serious problems with any used car, including salvage history, odometer fraud, flood damage and more. CARFAX helps millions of consumers and thousands of car dealers avoid buying used cars with costly hidden problems. Using the 17-character Vehicle ID Number (VIN), used car buyers can access nearly two billion vehicle history records from hundreds of different sources in the CARFAX nationwide database at www.carfax.com. Every CARFAX Report that confirms a clean title history is backed by the $5,000 Clean Title History Guarantee. CARFAX, Inc., based in Fairfax, Virginia, is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the R.L. Polk & Co. |
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