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Pros & Cons of Certified Pre-Owned Vehicles

Posted at Wed, Sep 15, 2021 11:30 AM

Are you shopping for a new-to-you vehicle but looking to avoid the uncertainty that comes with your average used vehicle? With a manufacturer-backed warranty, updated features, and low mileage, certified pre-owned vehicles are sweeping the market offering exceptional value per dollar. If value and peace of mind are at the top of your list when looking for a pre-owned vehicle, a manufacturer-certified pre-owned vehicle is the right choice for you. 

What is Certified Pre-Owned?

While your typical used vehicle comes as-is with no warranty, a certified pre-owned (CPO) vehicle comes backed by the manufacturer with great warranties and in some cases a buy-back guarantee. Certified pre-owned vehicles are always newer model vehicles with a low amount of miles on them, that are inspected by the dealer and approved by the manufacturer, making them a great choice if you’re looking for a new car without the new car price. 

The Pros

More Money in Your Wallet

The more money you save, the better, right? With just a little bit of mileage, new cars see a lot of depreciation and that’s why certified pre-owned vehicles are such a great deal. Certified pre-owned vehicles are often 2-3 years old, with the original owners already taking the hit on the depreciation and passing the savings along to you. Get all the benefits of a new vehicle without the wallet-draining high price and purchase a certified pre-owned vehicle at Hawkinson Nissan today!

Less Risky

While any pre-owned vehicle comes with risk, CPO vehicles lower that risk with their multi-point inspections and manufacturer-provided warranties. Warranty lengths and coverages vary from brand to brand, with some simply extending the initial warranty and others being an entirely new warranty that covers the CPO vehicle. Put your mind at ease and purchase a certified pre-owned vehicle that is confidently backed by the manufacturer.

Newer Vehicle, Lower Mileage

In order to get certified, each potential CPO vehicle can only have a limited number of miles on them at the time of certification. While the specific number varies from manufacturer to manufacturer, most CPO vehicles are 6 years old or newer with fewer than 70,000 miles on them in order to qualify as a certified pre-owned vehicle. With low mileage, new features, and less risk, it’s easy to see why purchasing a certified pre-owned vehicle at Hawkinson Nissan is a great choice.

Buyer Protection

As if an extended warranty wasn’t enough to inspire confidence in a CPO vehicle, many manufacturers guarantee their CPO vehicles with a buyer protection program. Say your vehicle was found to be involved in a flood, most manufacturers would allow you to swap that vehicle for a new one or return it altogether. With manufacturers having such confidence in their vehicles, buying a CPO vehicle doesn’t seem all that risky! If you’re looking for a used vehicle and want to buy in confidence, shop certified pre-owned at Hawkinson Nissan located in Matteson, IL.

The Cons

As good as a CPO vehicle may sound, with its manufacturer-provided warranties, low mileage, and newer features, they aren’t perfect or completely risk-free. If you’re considering a CPO vehicle it is important to consider both the pros and cons of the purchase, here are some of the drawbacks of CPO.

Not All Are Created Equal

While almost every manufacturer has a CPO program, what is included and what is required for those programs varies wildly depending on the manufacturer. Although this may make the decision-making process a little more difficult, it shouldn’t deter you from purchasing a CPO vehicle, just make sure to do your research and read the fine print. While used vehicles can never be identical, the standardization of the certified pre-owned process is a great way to level the playing field. 

A Slightly Higher Cost

Extended warranties and multi-point inspections, while great, unfortunately, aren’t cheap and make CPO vehicles slightly more expensive than their non-certified counterparts. However, if peace of mind in a used vehicle is what you’re looking for, incurring the slightly higher cost of a CPO vehicle is an easy choice. The extra cost of a CPO isn’t wasted however, it’s returned to the customer in the form of the CPO warranty, multi-point inspections, and roadside assistance programs, making the CPO vehicle a great choice.

A Little Less Variety

If being unique and an individualist is important to you, a CPO vehicle may not be the right choice for you as they often have little to no variety between them. With CPO vehicles having to be more recent model years, the variety of vehicles may be a bit less, but the quality of the vehicles is a lot stronger. Remaining flexible when searching for a CPO vehicle is a great way to ensure you will find a great vehicle at a great price backed by great manufacturer warranties.

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