Purchasing a Certified Pre-Owned Car (CPO) is a smart choice for many car shoppers. However, buyers need to understand what is different about these vehicles before heading to the dealership.
Most manufacturers follow a specific qualification process for their CPO cars. This includes rigorous inspections and a warranty. Some even offer perks you won’t find in a traditional used car.
Cost-Effective Financing
Many dealers like Turner Kia offer special financing on certified pre-owned vehicles. They may also offer more flexible payment plans than other used car sellers and various other benefits.
In addition to being cherry-picked for their quality, CPO cars typically have lower mileage and are in better shape than other used models. They also undergo a meticulous inspection process to identify any potential issues that could affect performance or appearance. The manufacturer often covers these repairs in the warranty, which is a big selling point for buyers.
Some programs include perks beyond the basic warranty coverage, such as free roadside assistance or satellite radio for a limited time. Some even have loaner car programs, which are great if something goes wrong during your trip. Regardless of the extras, buyers should check the manufacturer’s comprehensive warranty before purchasing. They should also get a vehicle history report from an independent mechanic to ensure the dealer’s inspection is accurate.
No Depreciation
Purchasing a certified pre-owned vehicle can be smart for buyers who want to enjoy the benefits of owning a car with the peace of mind of knowing that they are protected. Most CPO programs require that candidates pass a multipoint inspection by technicians to ensure they are in good working order and free of damage or wear and tear.
Many programs also offer limited warranties to protect owners from unexpected repair costs. These warranties may include a limited powertrain and bumper-to-bumper warranty covering the vehicle’s body and interior components.
Be sure to review the fine print for each program before shopping. Some programs allow a limited mileage, while others exclude certain vehicles, such as those in significant accidents or suffered frame damage. Additionally, get a complete vehicle history report before you buy and have any potential issues checked out by an independent mechanic.
Peace of Mind
A major benefit of certified pre-owned cars is the peace of mind you get from knowing that your vehicle is in good condition. All CPO vehicles must meet certain conditions and mileage requirements before they can be called that, and they usually come with a warranty for extra protection.
Most CPO programs also require a multipoint inspection by factory-trained technicians. Some even include a vehicle history report for extra transparency. Check with your dealer to see their specific standards before you make a purchase, and remember that prices on CPO cars can still be negotiable, just like any other car.
Some CPO programs will also throw fringe perks, like roadside assistance and loaner cars. These additional services can help you save money in the long run, especially if you’re prone to costly vehicle repairs. The added assurances from the manufacturer and dealership can be worth the extra cost.
Convenience
Buying a CPO vehicle means saving money on the price tag and enjoying less depreciation. However, it’s important to research dealer and manufacturer programs before deciding on one. Checking return and exchange policies, warranty details, inspection points, and reconditioning requirements are just some things that buyers should look for.
The biggest benefit of purchasing a certified pre-owned car is peace of mind. Many dealerships cherry-pick vehicles with a clean history and lower mileage to ensure they meet program standards. They also undergo a meticulous multi-point inspection to ensure they perform well and are damage-free.
Other perks may include roadside assistance, complimentary satellite radio for a limited time, and car rental reimbursement. Some manufacturers offer a warranty that lasts seven years or 100,000 miles.
