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Used Vs Certified Vehicles
In addition to buying a brand-new car just off the assembly line, car shoppers can also choose between used and certified pre-owned (CPO) vehicles. While the difference between new and used vehicles is obvious, it’s not always clear what the difference between used and CPO models is. What exactly does “certified” mean? And, is used or CPO a better buying option for you? Here are answers to some commonly-asked questions.
Buying Used
Getting a used car has become more popular in recent years, due in large part to the rising cost of new cars as well as the increased dependability of pre-owned models. The average used vehicle costs between $15,000 and $20,000, while the average cost of a new car is over $36,000. While used cars cost less than CPO models, they come with fewer warranties and they don’t necessarily undergo same inspection process as a certified vehicle.
What is CPO?
CPO models go through a rigorous certification process. This includes a 172-point inspection by a certified technician to ensure that the model is mechanically sound before you buy it. CPO vehicles also come with a vehicle history report that tells you about maintenance history, any previous collisions, and so forth. Perhaps best of all, there’s a comprehensive limited warranty, which covers more than 1,000 vehicle components for 12 months or 12,000 miles, whichever comes first, as well as the 7-year/100,000 powertrain limited warranty.
Which is Right for You?
Used cars are a great option if you who want to save money on your next ride. If you’re on a tight monthly budget or you don’t have as much for a down payment, a used car is the way to go. Plus, modern vehicles are more dependable than in previous generations, so it’s less of a risk now to buy a used model than it was a few decades ago.
CPO cars are for those who want to save, but also want some added assurance. Because CPO vehicles come with inspections and warranties, you can have peace of mind. If something does turn out to be wrong with your vehicle and it’s covered under warranty, you might save more in the long run than if you’d purchased a non-CPO used car.
Stop by Two Rivers Ford in Mt. Juliet, TN to browse our current inventory of CPO vehicles. We’re proud to carry a wide range of models to suit different budgets and lifestyles, so you’re bound to find one that suits your needs.
