What are the Benefits of Buying a Certified Pre-Owned Vehicle?

If you’re shopping for a used car, truck, or SUV, it’s certainly worth your time, energy, and money to explore the inventory of certified pre-owned vehicles. You’ll notice that these models are priced slightly higher than traditional used vehicles, but with this bump in price comes more peace of mind with your used vehicle purchase. Today, we’ll take a close look at some of the benefits of buying a certified pre-owned vehicle and why it might be the best choice if you’re someone who’s nervous about shopping for used cars.

CPO Vehicles Undergo a Thorough Inspection

Certified pre-owned vehicles must undergo a rigorous inspection in order to be eligible for certified status. As a buyer, this gives you the confidence that the CPO models you’re shopping for are sound vehicles you can depend on.

Before a certified pre-owned vehicle is available for sale, it’s thoroughly inspected to make sure the powertrain operates as it should, that there are no mechanical failures, that electronics throughout the cabin work as required, and that there are no other problems. If there is something wrong with the vehicle, it is repaired as necessary so that the vehicle is up to par.

Lower Financing Rates

Despite certified pre-owned vehicles costing slightly more than traditional used cars, you can still look forward to really favorable low-interest financing rates. If you shop models that are one or two years behind the current cycle, you’ll be able to finance a relatively new vehicle at a much lower price point than if you were to shop new. For many car shoppers, exploring the selection of certified pre-owned vehicles is the best way to get behind the wheel of a relatively new car without high monthly payments.

Extended Warranty Protections

If you shop qualifying CPO vehicles still under warranty, you’ll be able to enjoy the protections of the transferable warranty coverage as well. If the warranty coverage has run out, many dealers offer their own extended warranty coverage for greater peace of mind. More often than not, you can count on having the protection of vehicle warranty coverage when you shop certified pre-owned, a benefit you don’t always have if you shop traditional used cars.

Incentives for Shopping CPO Vehicles

In addition to offering warranty coverage, many dealers will also offer drivers perks like complimentary vehicle service for a predetermined period of time when you shop their certified pre-owned inventory. Many dealerships are also invested in your satisfaction and offer money-back guarantees and exchanges if you find that the CPO vehicle you’ve purchased is not a good fit.

Luxury Models and Higher Trims Made Affordable

Finally, one of the best perks of shopping certified pre-owned is being able to stretch your automotive budget further than you may have thought possible. Because CPO vehicles are much more affordable than shopping new, you’ll have the advantage of exploring trim levels and luxury models that might have been out of your price range otherwise. You can also shop models with upgraded packages and performance features at a fraction of the cost of new models.

Bottom Line

Shopping certified pre-owned offers a variety of perks and benefits that should not go unnoticed. If you’re in the market for a quality used vehicle, don’t underestimate the power of shopping for certified pre-owned used cars.