Gregory Auto Group's Factory Repurchase Program Vehicles: Just so you're aware, this vehicle is a factory repurchase/buyback. This may concern you, but there is a lot of misinformation about these vehicles. Please read on"¦ These vehicles are the absolute best deals on our lot. They are like-new with massive discounts off the original MSRP. In addition, they enjoy the full balance of the original 5 years/60,000 miles (Hyundai and Genesis brands) comprehensive factory warranty. A common misconception about factory repurchases, or "buybacks"�, is that they have a manufacturer's defect that cannot be corrected. In most cases, and in the case of those that we purchase for sale to our customers, the concerns have been resolved. The repurchase by the factory can be for mechanical, or electrical reasons, but also for gestures of "goodwill"� to maintain customer satisfaction. Reasons for this can be something as simple, and benign, as a customer was unable to properly operate a vehicle's infotainment system and thus felt it was defective. After the repurchase the manufacturer will either perform, or commission a review of the matter and sometimes find the component(s) to be in full compliance with their standards (i.e. nothing was wrong). Gregory Auto Group also places each vehicle through our rigorous multi-point inspection process to ensure they are in top notch condition prior to delivery. On a personal note, our owner, Greg Mauro, has sold these vehicles to his family. He knows their value and quality, and passes the savings to them.
