Yes, Certified Pre-Owned. Huge business for major automakers/dealerships. Factory-backed warranties are included, giving buyers many of the advantages of buying new without having to eat the biggest depreciation hit in first 18 months or so.
Here's a copy of an older Lexus CPO certification checklist, fyi. Along with the inspection/certification, certain requirements related to age, mileage, serious accidents disqualify many used cars from being certified.
CPO-Lexus_161_Checklist.pdf