Advantages of Buying a Certified Pre-Owned Vehicle
If you are considering buying a new car, there are plenty of options to choose from. Every year, auto manufacturers offer new models with many new features and incentives to buy. Keep in mind that getting repairs on brand-new vehicles can be expensive and challenging. There are other options that are as good and easy on the pocketbook – certified pre-owned (CPO) vehicles.
What is a certified pre-owned vehicle?
It is fun to buy a brand-new vehicle and drive it off the dealership lot. Many car buyers choose to do this even though the value drops by at least 25%-30% as soon as it leaves the dealership. A CPO is a used vehicle that costs less than a brand-new vehicle with similar trim and options.
Every dealership offers used cars in NC. Such vehicles are leased and returned to the dealership for a newer vehicle. In the case of leases, dealerships ensure that these cars are not driven beyond a set mileage and maintained well. These cars are less expensive to buy compared to the newest models.
Advantages of Investing in a CPO Vehicle
CPO programs are backed by manufacturer guarantees. These cars have the best warranty coverage and offer benefits like roadside assistance. When you are shopping for certified pre-owned cars in Hillsborough, NC, be sure to get the right vehicle for your needs. Hillsborough CDJR can help. Such vehicles are two or three years old and have less than 35,000 miles. The Hillsborough CDJR dealership serves the communities of Durham, Roxboro, and Burlington. Finding the right CPO car has never been easier.
Dealers must certify that they have carried out a thorough inspection of the car and made the necessary repairs. Every major system in the car should be covered by the certification. Make sure that you have all the information on the car you want to buy. Also, get the car checked out by an independent garage for your satisfaction.
Not all CPO programs are the same. Check the warranties offered – these should cover the engine, the transmission, and other factors. If you get bumper-to-bumper warranties, check what is included. This is essential to avoid costly repair bills.
Even though CPO programs were limited to luxury brands until a few years ago, even affordable cars from manufacturers are available. Their warranties can vary and most often are 12 months and/or 12,000 miles.
Certified pre-owned cars come with special financing deals from the manufacturer. This saves buyers a lot of money during the loan term. Credit unions and banks also encourage buyers in such cases and offer good interest rates on loans. It makes sense to get a pre-approved loan before going to the dealer.
Many CPO car programs offer benefits like free maintenance and rental/replacement vehicles if your car is in the garage for maintenance.
If you are amenable to the idea of investing in a CPO car instead of a new vehicle, you should do your homework thoroughly. Do a cost-benefits analysis and negotiate on the price. There is plenty of information on the Internet – checking out the rankings of used cars in NC and their long-term value will help you get the best vehicle. For more information and vehicle availability, head to the Hillsborough CDJR dealership.