Cars

What benefits do you get in buying a certified pre-owned (CPO) vehicle? Find out here

If you would ask anyone who is driving a used vehicle, even though they are assured that the car they are driving is totally safe and in great shape, there is still a little worry at the back of their minds knowing that these cars were sold to them at a cheaper price compared to buying a brand-new car.

Because of the situation today where people are more likely tightening up their belts and saving up more money for the rainy season, a lot of motorists are getting more interested in buying second-hand vehicles or used cars for practicality sake without the assurance that the car they are about to purchase will not cost them more because of issues that may arise sooner or later.

However, this stigma should be erased already from the minds of consumers and motorists because stricter laws and standards are now being imposed when it comes to quality control for used cars that are displayed and are for sale at used-car dealerships in your area. Vehicle owners who want to trade in their vehicles are now required to ensure that their vehicle is a certified pre-owned vehicle or CPO.

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If you want to buy a used car, be sure that you can find used car dealership that sells a certified pre-owned (CPO), and to let you know more, check out the benefits of a CPO vehicle.

  • Thoroughly inspected and tested for reconditioning- In general, a CPO vehicle passed item checks numbering to a hundred and more which requires the approval by the time it will be displayed in dealership showrooms. The dealerships conduct a thorough examination of pre-owned vehicles that are being brought to their garage.
  • Comes with an extended warranty- You might probably hear from someone that pre-owned vehicles do not have a warranty, well, not for CPO vehicle because used car dealerships want to change their image from recycling old and used cars to a refuge for motorists who cannot afford the expensive brand new cars by giving them the chance to drive cars that are in great shape, well-conditioned and were only depreciated by its previous owners.
  • Affordable financing- Certified Pre Owned (CPO) vehicles have a higher price than a regular used car, however, this is because you are assured that the car only suffered depreciation and not a worn out car that has exceeded its mileage more than twice which is why it is available for financing. CPO vehicles may be a bit more expensive than those who have not undergone and have not certified but the former comes with lower finance rates which are typically equal to the loans that are offered to brand-new vehicles.

 

·         Leasable options- There are times that auto companies let its customers lease a CPO vehicle which is considered a good alternative for buyers who wants to drive a luxury pre-owned vehicle but cannot afford to buy one in the first place that is very flexible if you come to think of it even though you are applying for a bad credit car loans