When you're buying a car, there are many things to consider. You have to think about what you need and what you can afford. And then, you have to decide whether you want a new or used car. If you're considering a used car, you might also wonder if buying a certified pre-owned car or going with something else is better. Here's a look at some interesting pros & cons of buying a certified pre-owned vehicle in 2022 by John Lee Mazda.
CPO CARS: A BRIEF OVERVIEW
When you buy a CPO car, you're getting a vehicle that's been used but is still in good condition. That's because certified pre-owned cars must meet certain criteria set forth by the manufacturer, such as age, mileage, and overall condition.
KEEP IN MIND THAT CERTIFIED DOESN’T MEAN NEW…
The term "certified" can sometimes be misleading. How? Well, it's vital to remember that just because a car is certified doesn't mean it's brand-new. Most CPO cars are a few years old.
Also, not all CPO programs are created equal. For example, some manufacturers require that a CPO car be under five years old and have no more than 60k miles on the odometer. In contrast, others place no restrictions on either age or mileage.
In addition to meeting certain age and mileage requirements, CPO cars must also pass a rigorous inspection process conducted by trained technicians. This inspection covers the exterior and interior of the vehicle, the engine, transmission, and other major mechanical components.
Once a CPO car has passed this inspection, it is typically backed by an extended warranty from the manufacturer. This warranty often includes roadside assistance and other perks, such as free oil changes or tire rotations.
...BUT IT SURE HAS ITS PERKS!
So, what're the pros and cons of buying a certified pre-owned car? Let's take a closer look.
PROS:
- A lower price than a new car: CPO cars are often several thousand dollars cheaper than their brand-new counterparts.
- Better financing options: You may qualify for lower interest rates when financing a CPO car.
- Manufacturer warranty: As mentioned above, CPO cars come with an extended warranty from the manufacturer. That can afford you peace of mind on the road.
CONS:
- Higher insurance rates: CPO cars often have higher insurance rates than used cars.
- Limited selection: CPO cars can be limited, especially if you're looking for a specific make or model.
- Used car history: Even though CPO cars have been inspected, you still don't know everything about the car's history.
So, there you have it! The pros and cons of certified pre-owned rides. Are they worth it? That depends on your needs and preferences. If you're darting for a quality used car with some extra perks, then a CPO car might be right for you. However, if you're looking for the best deal on a used car, you might want to stick with a regular used car.
HERE'S WHY YOU MUST BUY YOUR NEXT CAR FROM US!
Mazda is a brand that's known for its quality and reliability. So, when you're buying a used car, it's worth considering a Mazda. This is where John Lee Mazda comes in.
We are a dedicated Mazda dealership, serving Callaway, FL, selling new & certified pre-owned Honda cars. Contact us today to learn more about our inventory or to schedule a test drive!
