If you’ve been looking into buying a used car, odds are you’ve already come across Certified Pre-Owned (CPO) vehicles. These vehicles are generally approved by the manufacturer after undergoing a strenuous inspection. The trade-off is knowing you’re getting a mechanically-sound vehicle for a higher price tag. Is buying a CPO car right for you? Let us at Dahl Chevrolet Buick GMC help you find an answer.
Drivers are trading in their semi-new models for brand new models in droves, leading to more CPO vehicles on the market. The increase in leased vehicles coming in at the end of contracts has risen steadily as well. While a CPO vehicle does undergo a rigorous inspection, it might not be worth the extra money.
However, many automakers, like Chevrolet, offer special financing deals on CPO vehicles in addition to other services. Free roadside of assistance, loaner cars during service visits, and free oil changes all top the list.
The fact of the matter is that you’ll pay more upfront for a CPO vehicle than a comparable used car. That increase can reach as high as 7%. But if you’re the type of driver who likes having reassurance that you’re covered in case of a problem, a CPO car is probably the way to go.