Advantages of Purchasing a Certified Pre-Owned Vehicle

If you're working within a budget but still want a nearly-new vehicle, certified pre-owned (CPO) cars are an excellent choice. Here's a quick overview of why they are a popular option.

Opting for a CPO vehicle that is a year or two old can save you roughly 20-25% compared to buying brand-new. This savings margin tends to increase with the vehicle's age.

Many dealerships offer CPO cars through leasing options, which typically come at a lower monthly cost than new car leases.

Monthly payments for CPO vehicles are generally lower.

These cars are backed by a vehicle history report, confirming that they haven't been involved in any accidents. It's advisable to request the dealer's certification checklist for a clear understanding of the car's condition.

Certified pre-owned cars undergo a manufacturer-approved inspection process, ensuring authenticity and quality. This inspection often comes with a warranty, which acts as an extension of the original factory warranty, though coverage might be slightly limited.

Repair costs for CPO vehicles tend to be minimal, especially compared to regular used cars.

Warranties for CPO cars may start from the vehicle's original in-service date, the end of the new-car warranty, or simply from the date of purchase. Coverage periods vary by manufacturer, but typically, owners get around five years or 60,000 miles of coverage, whichever comes first. Few plans provide both time and mileage limits simultaneously.

Several online platforms, such as autotrader.com, truecar.com, cars.com, and edmunds.com, list CPO cars for sale. Additionally, visiting the official manufacturer websites or local dealerships can help you find certified pre-owned options.