Although the ubiquitous advertisements and higher cost may have you thinking of Certified Pre-Owned cars as just another gimmick, these lightly used models sometimes offer tremendous value. Yes, you’ll pay a little more and you’ll have to go to a dealer, but in return you’ll enjoy a much more trustworthy car than that jalopy in the Sunday classifieds.
As new vehicle prices climb higher each year, increasing numbers of buyers are turning to certified pre-owned (CPO) used cars as an affordable alternative. Considering CPO vehicles give you that almost-new feeling and a decent warranty for a lower price tag, they seem like a compelling compromise.
Between pre-purchase inspections and price negotiations, there’s a lot to think about when buying a car. One way manufacturers and dealerships try to help ease buyers’ concerns is by certifying their used vehicles. Not all CPO programs are created equal. A dealership CPO vehicle might seem like a great deal and cost thousands less than one that has been factory certified at a franchise lot, but there are key differences to be aware of when shopping.