Certified Pre-Owned Vehicles vs. Non-Certified Pre-Owned
If you are in the market for a good used car, you want to get the most car for your money. While you are looking around for a good car, you need to know the difference between a used (or non-CPO) car and a certified pre-owned (CPO). While both of these groups are used cars, one type of used car may be more valuable than the other. Give us a minute to tell you the difference between a used car and a certified pre-owned car.
Why Certified Pre-Owned?
If you buy a car that is certified pre-owned, you’re getting a car that has been through a rigorous inspection that is developed by the manufacturer. The inspection covers the interior and the exterior of the car, and if the car passes, it is called certified pre-owned. Once a car is certified pre-owned, the buyer gets to continue the original warranty of the car. For many car owners, this means you’ll get a bumper to bumper warranty, as well as a powertrain warranty, so if something goes wrong with the car, the car manufacturer will take care of it.
Certified pre-owned cars tend to be late model cars, with very little mileage, so you will be getting a newish car for a not-new price. Because new cars depreciate as soon as you drive them off the lot, certified pre-owned, especially in the luxury category, can shave thousands off the price of a new car. Also, certified pre-owned means there won’t be any defects in the car, such as power windows that don’t work, or a bad air conditioner. If the car has defects such as these, it can’t be called certified pre-owned.