If you’re shopping around for a pre-loved vehicle, you may have heard terms like certified pre-owned and used. This jargon is often a bit confusing to the average car buyer. What’s the difference between the two, and why is it important? Stick around as we clear up this automotive mystery.
Certified Pre-Owned
In the car business, certified pre-owned (CPO) vehicles may be a better value than a car that’s simply “used.” Careful buyers will want to take advantage of these programs. Most manufacturers, like Cadillac, offer certified pre-owned vehicles that are factory-backed, and you can only get a CPO at a dealership.
To earn a coveted CPO designation, a car must meet age and mileage requirements. There are also condition standards. It can’t have major damage, mechanical issues, or other problems, though most CPOs have been reconditioned. This term usually means touched up paint, new tires, or a brake job, but nothing serious.
The most important component of the process is a comprehensive inspection. Typically a dealership will check 150 or more points on the vehicle to ensure it meets the manufacturer’s standards. Most of these approved cars come with the original factory warranty, or the dealer may add extended coverage to your purchase.
There is a downside, however. A CPO vehicle is likely more costly to purchase than your average used car. The good news is that you can probably get a lease or a loan right from the dealership.
Standard Used Cars
You can find used cars for sale pretty much everywhere, from along the road to a fancy website. While that Cadillac CTS might look great in the picture, who knows what kind of abuse it has suffered. Maybe its original owners skimped on routine maintenance? How did they drive it? With any used car, there’s always that uncertainty factor about its past. Used vehicles can be any age, have any amount of mileage, and be in any physical or mechanical condition.
The real benefit here is budget. If keeping your purchase price as low as possible is your primary focus, look for a standard used automobile. This market has something in almost everyone’s price range, from a winter beater to decked out Escalade. Just remember to factor in maintenance and repair costs as a safety net. If you’re mechanically inclined, this could be a great way to go.
To help avoid getting stuck with a lemon, order a vehicle history report. This handy guide can point to a few red flags, such as multiple owners. If the car is being passed around frequently, it’s probably not a good investment. Ensure it doesn’t carry a salvage title by checking its VIN with your local motor vehicle department. The last thing you want is a new set of wheels that was in a serious accident and suffered major structural damage.
CPO programs offer used car shoppers peace of mind, but for a price. When you’re in the market for a secondhand jalopy, do your research or just head right to Opequon Motors and save yourself some hassle.
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