You’re in the market for a used car but need to decide which one to buy. You could go with an older, cheap model that may need maintenance or repairs soon after you drive it away from the lot. Or, you could pay more upfront for a certified pre-owned vehicle with plenty of life left in it.
Here are reasons why buying a certified pre-owned car is the right choice for you and your wallet.
Table of Contents
What Is a Certified Pre-Owned Car?
A certified pre-owned car is a used vehicle that has been inspected by an independent third party to ensure its safety and reliability. The inspection includes:
- A thorough look at the vehicle’s condition, including interior, exterior, and undercarriage
- Checks for any problems with the engine or transmission, brakes, and tires
- A test drive to make sure everything’s running smoothly
Certified pre-owned cars come with a warranty that protects you from mechanical issues during the first few years of ownership.
Why Buy a Certified Pre-Owned (CPO) Vehicle?
Certified pre-owned (CPO) vehicles are a great way to get a luxury car at a lower price. Here are reasons why buying a CPO car is the best way to go.
Warranty
One of the big benefits of buying a certified pre-owned vehicle is the factory warranty. Most manufacturers offer an extended powertrain warranty that covers many components, like the engine and transmission.
The length and coverage vary by manufacturer, but most will give you anywhere from three to seven years or 100,000 miles of coverage. Some even offer lifetime warranties on the drivetrain (engine and transmission), providing peace of mind for years to come.
Costs
A CPO car will save you money. This car has been inspected by an independent mechanic and completed all repairs before being sold as certified pre-owned by used car dealers Calgary AB.
You also get the peace of mind that comes with knowing your vehicle has passed a rigorous inspection and been given a clean bill of health by an unbiased third party.
Better Financing
Getting financing on any kind of vehicle can be difficult if you have bad credit or no credit. However, financing is much easier to obtain for CPO vehicles because they have been inspected by the manufacturer and found to be in excellent condition.
They also come with warranties that protect against major problems with the vehicle, such as engine failure or transmission failure. This makes it easier for banks and other lenders to approve loans on these vehicles because they know that they will be repaid even if there are problems with them later down the line.
Low Depreciation Cost
When you buy a new car, its value decreases by an average of 20% within the first year of ownership. However, certified pre-owned cars have already experienced this depreciation and are worth only about 10% less than their original value after one year.
This means that CPO vehicles will be worth more over time than non-CPO cars of similar age, mileage, and condition.
If you buy a certified pre-owned car, you will get much more than your money’s worth. You’ll get peace of mind knowing that you’re getting the best possible deal on a reliable vehicle. This is thanks to the thorough expert inspection before Calgary used car dealerships sell it to anyone.
In addition to the savings, you’ll also minimize your risk of buying a lemon by purchasing a CPO vehicle. Your certified pre-owned car is sure to be reliable and safe, so you won’t have to worry about any breakdowns or costly repairs in the near future.
Whether you’re looking for luxury or just an affordable used car, a certified pre-owned vehicle is the way to go. You’ll get more bang for your buck, peace of mind knowing you’ve made a smart purchase, and low depreciation costs. So start shopping around today and see what kind of deal you can find on a CPO car near you!
By investing in a certified pre-owned car, you’ll not only save money but also get the peace of mind that comes with knowing your vehicle has gone through a complete mechanical inspection and been given the green light by an independent third party. With its low cost, extended warranty coverage, and greater financing options available due to its level of quality, a CPO vehicle is an excellent choice for anyone looking for reliable transportation at an affordable price. So before buying any used car, make sure to check out the certified pre-owned vehicles in your area and find the perfect deal that fits your needs.
Frequently asked questions
- How do I know that a CPO vehicle is reliable?
Answer: All CPO vehicles must pass a rigorous 130-point inspection by an independent, third-party mechanic before they can be sold as Certified Pre-Owned. This ensures that the vehicle has been thoroughly checked for any mechanical faults or issues and given the green light to be
sold as reliable.
- What kind of extended warranty coverage do CPO vehicles come with?
Answer: Generally, certified pre-owned vehicles come with an extended manufacturer’s warranty that offers greater protection than a regular used car warranty. This can range from 1 to 4 years and up to 100,000 miles, depending on the make and model
- Are there financing options available for CPO vehicles?
Answer: Yes, because CPO cars have gone through an extensive inspection and are deemed to be of higher quality than regular used cars, they often qualify for better financing options. Be sure to shop around and compare rates from different lenders to find the best deal for your needs.
- Where can I find CPO vehicles for sale?
Answer: You can usually find CPO cars at any dealership that sells used vehicles, as well as through online listings or classifieds. Also, many dealerships offer exclusive discounts and incentives on certified pre-owned vehicles, so make sure to shop around to find the best deal.
Conclusion
Certified Pre Owned (CPO) vehicles are a great option for anyone looking for reliable transportation at an affordable price. They offer extended warranties, low cost of depreciation, and better financing options due to the higher quality of these cars. If you’re in the market for a used car, make sure to check out CPO vehicles near you to get the best of both worlds – quality and cost savings. With CPO cars, you can rest assured knowing that your vehicle has been thoroughly inspected by an independent mechanic, giving you peace of mind for years to come.
No matter what kind of car you’re looking for, a certified pre-owned vehicle is sure to be reliable and safe, offering you the best of both worlds – quality and value. So start shopping around today and find the perfect CPO car that fits your needs!
