Used vs. CPO in Evansville IN
There’s no denying that buying a new car is expensive. It’s because of this big expense that used models are becoming more and more enticing for car buyers. Unfortunately, there’s no way to know just what kind of car you’re getting with a used model—unless you decide to buy a Certified Pre-Owned (CPO) vehicle. Buying a CPO vehicle is the next best thing to buying a new model for many reasons. Here’s what it means to buy a CPO vehicle.
A CPO vehicle is a model that is vetted by the manufacturer via a multi-point inspection that evaluates each and every part of the car. If the car is in need of repairs, then the manufacturer fixes the car before admitting it to the CPO program. Although requirements vary by manufacturer, cars under consideration for a CPO program generally have less than 80,000 miles and are less than seven years old.
Compared to a regular used car, a CPO vehicle is a much safer choice. A CPO vehicle comes with a complete inspection that states all repairs have been made before the vehicle goes up for sale. To have the same service on a used car would require a rather large out-of-pocket expense.
Unlike used cars, a CPO vehicle is also backed by an extended warranty, limited bumper-to-bumper warranty, and quite a few other bonuses. If anything, a used car might come with what’s left of the factory warranty, provided it’s transferable. Any additional warranties and services will add to the cost of the car.
Vehicles that usually enter the CPO program are trade-ins or lease returns. A factory-certified mechanic performs the inspection according to the manufacturer’s specifications. If the vehicle meets the requirements, it enter the CPO program.
While a CPO vehicle is still technically a used car, it’s much more reliable than a regular used car. Considering it’s backed by several manufacturer-supported warranties, it’s the next best thing to a brand-new car.