When car shopping, you have multiple choices when it comes to vehicle conditions, including used and certified pre-owned models (CPO). While these two categorizations may seem similar, we’ve put together a list of frequently asked questions to help you better understand every aspect of the car-buying process.
What’s the difference between used and CPO cars?
CPO models go through a rigorous certification process to ensure they meet certain standards. This includes an extensive inspection and a vehicle history report. Qualified technicians also check to make sure that models only have original equipment manufacturer (OEM) parts, and CPO models also come with a limited number of miles. Often, CPO cars come with added warranties, giving you better peace of mind.
What is a CARFAX or Vehicle History Report?
A vehicle history report, frequently provided by CARFAX, provides a list of facts about the car you are considering buying. This includes things such as maintenance schedules, accidents, repairs, and odometer information among other things. It also checks to see that models were never registered as taxis or for commercial use, if there was tampering with the odometer, or if it was potentially stolen.
What are the benefits of buying a used vehicle?
Used cars are very desirable because of their affordable pricing and large selection. CPO models cost more, but you get added peace of mind. New cars come with the latest features and virtually no wear and tear, but you pay more initially and lose more in depreciation.
Do all CPO models receive the same treatment?
Typically, certification hinges on specific manufacturer standards. For example, a Ford model must pass a 172-point inspection, must be less than 6 years old, and must have less than 80,000 miles. Ford CPO models come with roadside assistance and limited warranties as well. A Kia CPO model comes with a 150-point inspection, roadside assistance, and warranties, but cannot be more than 5 years old or have more than 60,000 miles. For more information on CPO programs organized by manufacturer, click here.
Still have questions about used and CPO models? Stop by or call our friendly staff at Bill Walsh and we will be glad to help.