Why buy a certified pre-owned used car?
Certified Pre-Owned vehicles assure used car buyers they’re getting a quality, thoroughly inspected car that’s also a bargain. Certified Pre-Owned vehicles have been inspected, refurbished, and certified by the manufacturer or other certifying authority, assuring the vehicle is high quality.
What are the benefits of a certified vehicle?
A major benefit of purchasing a certified vehicle is that it includes a warranty from the manufacturer, which is rare when buying used. The warranty terms can vary widely, however, and need to be considered in conjunction with the overall deal.
What are the benefits of buying a used car?
Used cars also impact the environment less than newer, hybrid vehicles. Hybrid vehicles use lithium-ion, lead-acid, or nickel-metal hydride batteries that have a much larger environmental impact than a used car due to the toxic waste left behind by batteries and acid. 9. Lower Annual Registration Fees
What does it mean when a car is certified a?
A certified car, also known as certified pre-owned (CPO), is a used vehicle that has been inspected and refurbished by the dealer. Certified cars lessen the risks of buying used vehicles while offering extra benefits including manufacturer-backed warranties and financing programs.
What are the benefits to the customer of purchasing a CPO?
The Benefits of Buying a Certified Pre-Owned VehicleOnly Vehicles in the Best Condition Qualify. ... Multi-point Inspection and Reconditioning Process. ... Extended Warranty Protection. ... Low Interest Financing. ... Leasing. ... Free Maintenance. ... Satisfaction Guarantee.
What is the difference between preowned and certified?
To become a certified pre-owned (CPO) vehicle, a pre-owned car has to meet a set of high quality standards. These cars are from relatively recent model years and have to pass a thorough inspection before reaching certified status. Each CPO model has also been reconditioned with genuine MINI components.
Why do dealers certify some cars and not others?
Not every car displayed on a dealer's lot will be a certified pre-owned vehicle. While each automaker's program has different specific requirements, CPO vehicles have to be below a certain age and mileage, have records showing they have been well-maintained, plus have the ability to pass a rigorous inspection process.
What does certified mean on a car?
A certified vehicle has gone through an extensive inspection by the dealer, which can even include repairs and needed maintenance. These vehicles tend to be the most reliable in the lot, and can even come with extended warranties.
What is better refurbished or pre-owned?
Pre-owned is just plain used. Factory refurbished means a certified technician took it apart and fixed whatever was broken or worn out. Refurbished is better. Used is like a car - it's unknown.
What should you not say to a car salesman?
10 Things You Should Never Say to a Car Salesman“I really love this car” ... “I don't know that much about cars” ... “My trade-in is outside” ... “I don't want to get taken to the cleaners” ... “My credit isn't that good” ... “I'm paying cash” ... “I need to buy a car today” ... “I need a monthly payment under $350”More items...•
What is the difference between Honda certified and not?
A manufacturer certified pre-owned vehicle is a low mileage car, truck, or SUV that has been inspected from headlights to rear bumper and includes an extension of the original manufacturer warranty. A non-certified used car may not have been inspected and will not come with an extended factory warranty.
What do you mean by certified?
certify, attest, witness, vouch mean to testify to the truth or genuineness of something. certify usually applies to a written statement, especially one carrying a signature or seal. certified that the candidate had met all requirements attest applies to oral or written testimony usually from experts or witnesses.
Can you lease a certified pre-owned car?
Leasing. Sometimes, auto companies will allow customers to lease a certified pre-owned vehicle, providing an appealing alternative to buyers who are interested in driving a more expensive pre-owned vehicle, but cannot afford to purchase one.
Is there a money back guarantee on a CPO?
This is not a money-back guarantee.
Does a CPO extend the warranty?
Many CPO programs extend both the original basic and the original powertrain warranty on a CPO vehicle. Typically, those companies that provide shorter-term time and mileage limits for the original new car warranty are likely to extend their CPO programs by significant amounts in an effort to be competitive.
Does CPO pay for oil changes?
As a part of certain CPO programs, free maintenance for a specific period of time and/or mileage limit is included as part of the certification process. Generally, this benefit pays only for oil changes and tire rotations according to the manufacturer's recommended intervals, as well as free vehicle inspections conducted by the dealership.
Does a certified pre-owned car have 24-hour roadside assistance?
Rather, the remainder of the new car warranty is transferred to the new owner. Most certified pre-owned programs provide free 24-hour roadside assistance that lasts for the duration of the extended basic warranty coverage. This service assists owners who may run out of gas, lock themselves out of their vehicle, need a jump-start, etc.
Can a car be a CPO?
Only Vehicles in the Best Condition Qualify. Late-model, low-mileage vehicles with clean vehicle history reports are accepted into certified pre-owned programs sponsored by auto manufacturers. If a vehicle does not meet specific criteria, which varies depending on the automaker, it cannot become a CPO vehicle.
Is a CPO vehicle more expensive than a car?
It's true that CPO vehicles are usually more expensive than similar models that have not been certified, but CPO vehicles can also qualify for lower finance rates, typically equal to the loans offered on new vehicles. For buyers who are financing their CPO vehicle, the lower interest rate effectively lowers the monthly payment, helping to ameliorate the effect of the higher asking price on the household budget.
Why should I buy a certified pre-owned car?
Choosing a certified pre-owned car is one step toward protecting your investment and guaranteeing you drive off with a vehicle that will last.
When does a certified pre owned vehicle expire?
While many manufacturers offer a warranty on new cars, those protections have an expiration date—typically when a car reaches a certain age or a certain mileage milestone.
What to do if you have a used car that is not certified pre-owned?
If you decide to choose a used car that's not certified pre-owned, you may want to consider an extended warranty or service contract. Similar to manufacturer warranties, extended warranties can protect you from purchasing a vehicle with inherent problems requiring costly repairs.
Which car manufacturer offers an extension to the original bumper-to-bumper warranty?
Chevrolet: Offers an extension to the original manufacturer bumper-to-bumper warranty. Honda: Offers additional years to the manufacturer's new car powertrain protection. BMW: Extends its new car warranty and includes extras such as roadside assistance and automatic collision with emergency services for their pre-owned vehicles.
Do certified pre-owned cars have a higher resale value?
Physical condition. Only certain cars will qualify—usually the ones manufacturers predict will require minimal cost in repairs down the road. This means certified pre-owned vehicles may have a higher resale value (i.e. a higher price tag).
Do used cars need repairs?
Keep in mind that most used cars will require some repairs. Whether you choose a certified pre-owned vehicle or purchasing an extended warranty, make sure you and your vehicle are protected anywhere in the country for minimal cost and maximum mileage.
Why buy a certified pre-owned car?
Another benefit of buying a certified pre-owned vehicle is that they tend to be better quality than a run-of-the-mill used car is. Dealers only issue certified pre-owned warranties after a comprehensive inspection that makes sure the car in question doesn’t have any serious defects or problems.
Why don't car dealers offer warranty?
If the car had serious problems, the manufacturer wouldn’t want the dealer to offer it with a warranty, because the automaker will likely end up losing money on the transaction. Likewise, most automakers typically require that their certified pre-owned vehicles be free of any major accidents.
How long is the warranty on a used Fusion?
The standard powertrain warranty is 5 years/60,000 miles , which means the used Fusion’s powertrain warranty expires in 2016 and only lasts another 30,000 miles. As a result, the certified pre-owned car offers more warranty coverage.
Do used cars have factory warranty?
It’s true that some used cars might have some of their factory warranty remaining, and that means you’re already covered by a warranty, even if something breaks. But certified pre-owned programs extend existing warranties, which gives you coverage for a longer term.
Does a certified pre-owned car have roadside assistance?
Roadside Assistance. In some cases, roadside assistance is also included with the purchase of a certified pre-owned car. While that isn’t always true, automakers that include roadside assistance give their drivers yet another layer of peace of mind; those drivers can usually get free towing, rental car reimbursement and other benefits in case their ...
Peace of mind
Everyone wants a sense of security or peace of mind. Some so many fake dealers who can give you crappy or faulty cars in return for your hard-earned money. You need not worry about these face dealers, just try to choose certified vehicles. Many car manufacturers provide a certification program while some dealers don’t provide factory sponsorship.
Repairs are covered
If you get a manufacturer warranty for free repairs of the certified used car for a specific period, then things can be easier for you. It is easy to get a warranty or extent warranty for a new vehicle, but this is a bit tricky in used cars.
Certified cars are pre-inspected
The certification program of the manufacturer has age limits and mileage for the cars. Some vehicles that are eligible for certification are checked or inspected by dealers. You should always go for a car that is inspected thoroughly. As part of this program, the car will get free maintenance too for a specific period.
Why is buying a used car better for the environment?
Buying a used car reduces the carbon dioxide output into the environment. Used cars also impact the environment less than newer, hybrid vehicles.
How much can you save by buying a car that is three years old?
Generally, the rate is highest in the first three years, and then levels off after five years. You can save about a thousand dollars by avoiding new and annual registration fees by buying a car that’s at least three years old.
What happens if you get in an accident with your car?
If you are in an accident with your new car, the insurance will pay for what the car is worth at that time, leaving a gap between the purchase price and what the vehicle is worth.
Do used cars have a warranty?
Warranties. Some used cars still have part of their original warranty. Other used cars may have the option of creating a new warranty. An extended manufacturer warranty on a used car can provide factory trained technicians to repair your car with quality parts and speedy service.
Do you have to settle for add-ons when buying a used car?
You don’t have to settle for expensive dealership add-ons when buying a used car . You may install your own at a lower cost than on a new car. What a great way to spend the money you saved when buying a used car.
What are the advantages of buying a certified used car?
In addition to receive inspected car, you can take advantage of additional services such as roadside assistance, quality of repair and service centers etc. One of the main advantages of certified used cars is that they usually have a single owner and less than five years. Among the advantages of buying a certificates used car are:
Why is it important to buy a certified pre owned car?
Certified Pre owned cars help you to avoid the high cost that occurs when buying a new car. You can still enjoy the warranty of a new car by buying pre owned car. Buying a pre owned car will be cheaper than buying a car which is not certified and the purchase of an extended warranty separately. With a certified pre owned vehicle, ...
What is an extended warranty on a used car?
Extended warranty. Certified used cars are checked and come with a manufacturer’s warranty and often come with an additional warranty beyond the original factory warranty. Some warranties for used cars also include roadside assistance and towing. Warranties vary from manufacturer to manufacturer.
Is a certified pre owned car better than a new car?
Advantages of Buying a Certified Pre-Owned Car instead of a New Car. Buying a certificate used car from qualified dealer car has many benefits for buyers as the car is passes through rigorous and reliable inceptions and it is as good as a new car. Unlike buying a car from private sellers or from car auctions, it better to buy from qualified car ...
Do you need a certificate for used car maintenance?
Usually, a certificate used car maintenance for the first miles. In general you need new tires, battery, exhaust system or brakes. Often they are new, clean and in a much better than average used car. Dealers recondition the vehicle up to the manufacturers. Therefore, you can be sure it will not cost much to maintain.
What is a certified pre-owned car?
A certified pre-owned car is a used car for sale from a dealership that they have given their seal of approval.
What cars will be sold in 2020?
September 19, 2020 Audi, BMW, Ferrari, Lexus, Maserati, Mazda, Mercedes, Mini, Toyota, UAE. If you are in a position to buy a new vehicle but on a tight budget, an older used car might be a wise choice. Buying a used car or a certified pre-owned car leads to slow depreciation compared to brand new cars. But what’s the difference between ...
What is the benefit of buying a CPO car?
But the biggest benefit to buying a CPO vehicle is paying less money than a brand new car , which depreciates significantly once it leaves the dealership.
Do pre-owned cars have the same mileage?
Since no two pre-owned cars offer the same mileage or condition, you could find yourself weighing the pros and cons of two otherwise similar models. A big benefit is that CPO cars must meet certain conditions and mileage requirements to be called Certified Pre-Owned.
What is the benefit of buying a certified car?
A major benefit of purchasing a certified vehicle is that it includes a warranty from the manufacturer, which is rare when buying used. The warranty terms can vary widely, however, and need to be considered in conjunction with the overall deal.
What is a certified pre-owned car?
Certified pre-owned cars are a low-risk way to drive out of the lot with a quality used car. A small amount of research can help make the purchasing process a smooth and fulfilling one. Don't be afraid to ask additional questions at the dealership.
What is a CPO car?
Share this article. A certified car, also known as certified pre-owned (CPO), is a used vehicle that has been inspected and refurbished by the dealer. Certified cars lessen the risks of buying used vehicles while offering extra benefits including manufacturer-backed warranties and financing programs. It is important to learn how to recognize ...
Can a dealer put a certified sticker on a car?
Unscrupulous dealers may stick a certified sticker on a vehicle and neglect to make it clear that the dealer, not the manufacturer, certified it. This can benefit the dealer since authentic certified cars can sell for up to 10 percent higher than an uncertified car of the same model. Browse more vehicles Latest Vehicles.
