For many people, certified pre-owned cars are an attractive option to buying an expensive new car. For less money, you can get a quality car that is almost brand new.
Certified pre-owned (CPO) cars are generally late-model, low-mileage used cars that have passed a certain degree of inspection. These vehicles have been thoroughly examined by a mechanic that have repaired anything that is wrong with the vehicle.
CPO cars usually come with a factory warranty or service contract. Unlike other used cars, CPO cars are regularly maintained facts that can be verified independently with a vehicle-tracking service. This makes them a very good alternative to new models with high prices.
Many vehicles branded as CPOs were leased rather than sold. Because of this fact, it means they have been better cared for by customers to avoid additional charges for wear and tear. This eventually became a popular way for manufacturers to sell low-mileage cars when they were returned by their lessor.
If you decide that you are going to purchase a certified pre-owned car, make sure that you’re getting your moneys worth first. Make sure you check out everything that the manufacturer has to offer. Aside from the standard warranty, a lot of CPO vehicles come with the option to return the vehicle if it doesn’t meet your standards.
This all, of course, varies greatly among dealers so make sure you read the contract carefully. Look around and compare all of the different polices. This way, your will guarantee yourself to finding the best possible deal. For instance, Lexus, a pioneer of CPO programs, has a three-year, 100,000-total-vehicle-mile limited warranty to its all of it’s CPO cars. This is not the same with Chrysler, though. While it carries an inspection and a return policy, its CPO cars only have a three-month, 3,000-mile limited warranty and an 80,000-total-vehicle-mile drive train-only warranty.
For more information on extended warranties, go to http://www.endurancewarrantyservices.com