The new facility will include separate floors for new and what the company delicately calls "certified pre-owned vehicles," as well as service and parts operations.

It's no secret that the cost of a certified pre-owned vehicle is higher than that of a regular used car.

Certified pre-owned vehicles cost more than traditional used cars for a variety of reasons.

A used car, a pre-owned vehicle, or a second-hand car, is a vehicle that has previously had one or more retail owners.

So it's no surprise that Lexus, Toyota's luxury car line, calls its used cars "certified pre-owned vehicles."

Slasher Sale is a promotional event used by car dealerships to sell pre-owned vehicles by drastically reducing pricing for a limited time.

Typically, the dealership will have one to three pre-owned vehicles available at the $88 price.

In addition, many pre-owned vehicles are imported from Japan or Hong Kong - countries that use right-hand-drive vehicles on the left side of the road.

About 1.58 million certified pre-owned vehicles were sold in 2003.

They used pre-owned off-road vehicles, bought locally in Bolivia for less than £3,500 each.