Buying a CPO car may be quite a good choice for some car buyers, especially if the certification program has been carried out by the manufacturer itself. However, this does not mean that CPO cars do not have their disadvantages. Thus, I will now introduce you some pros and cons of purchasing a CPO vehicle.
Let us start with the pros of buying a CPO car:
Certification programs carried out either by the manufacturer or the dealership, give the buyer peace of mind. The buyer can be sure that the vehicle has undergone certain inspections and repairs. This fact makes the vehicle more appealing to the buyers.
The availability of a manufacturer warranty or an extended warranty again gives the buyer peace of mind, as he/she knows that the vehicle repair costs will be covered by it. The manufacturer warranty, provided after the certification program, is equal to the original manufacturer warranty.
Only vehicles that are no more than 5 years old are usually certified by the manufacturer or the dealership. This means that only comparatively new vehicles are being certified.
Let us now look at the pros of CPO vehicles:
CPO vehicles have high prices. Generally, their prices differ from those of standard used vehicles from a few hundred to a few thousand dollars.
Being a certified pre-owned vehicle does not mean that the vehicle is free from any problems. Suchlike vehicles are still used vehicles and they may have problems like other used cars.
If you try to resell your CPO car, you will not be able to sell it at the price you have purchased it.
Before buying a CPO car you should take into account all the advantages and disadvantages of them. Hope, this article will help you make a good choice.