The certified pre-owned (CPO) segment provides an affordable and sensible option when considering buying a used car. In this article, our team at Firkins Auto Group explores what CPO means, the benefits of these vehicles, and the differences between CPO and used cars. We also explore whether it’s possible to negotiate the price, helping you decide which option is best for you.
CPO stands for certified pre-owned. It refers to used vehicles that have undergone a comprehensive inspection, refurbishment, and certification process by the manufacturer or an authorized dealership such as Firkins Auto Group. CPO vehicles are typically late-model cars, trucks, or SUVs with low mileage and meet specific quality standards. Though the certification process for CPO vehicles varies by manufacturer, it generally includes the following:
Buying a CPO vehicle provides a reliable and well-maintained used car that comes with certain assurances regarding its condition and quality. It’s backed by warranties or additional benefits, making it an appealing choice for buyers looking to balance affordability and peace of mind. CPO vehicles offer several advantages over standard used cars.
CPO vehicles undergo thorough multipoint inspections by manufacturer-trained technicians. These inspections cover various mechanical, cosmetic, and safety elements to ensure the vehicles meet the manufacturer’s or dealership’s stringent quality standards. Any necessary repairs or refurbishments are performed to bring the vehicle up to these rigorous standards.
Buying a CPO vehicle means you can expect higher reliability and quality than standard used cars. The certification process and inspection ensure that the vehicle is in good condition, has low mileage, and has been well maintained. This offers peace of mind about its mechanical and operational integrity.
CPO vehicles often come with an extended or additional coverage beyond the original factory warranty. This provides you with added protection against unexpected repairs and maintenance costs. This offers a level of reassurance and potentially reduces your long-term ownership expenses when compared to a standard used car.
CPO programs typically include a comprehensive vehicle history report that verifies its maintenance records, accident history, title status, and mileage. The goal of this report is to provide you, the buyer, with complete transparency and authenticity regarding the vehicle’s background before you buy it.
Many CPO programs offer additional perks such as roadside assistance, complimentary maintenance services, trip interruption coverage, and more. These added benefits enhance your buying experience and provide extra support in emergencies.
While CPO vehicles may have a slightly higher price than standard used cars, the added assurance of quality, reliability, extended warranty coverage, and additional benefits often justify the increased cost. Compared to buying a brand-new car, CPO vehicles offer significant savings while providing a high-quality and dependable option. Due to their certification, CPO vehicles often retain value better than non-certified used cars. This can be beneficial if you decide to sell or trade in the vehicle in the future.
CPO vehicles and standard used cars differ significantly in terms of quality, reliability, and benefits. Certified vehicles meet strict manufacturer or dealership standards. They often boast low mileage and are in excellent condition. Backed by extended warranties and verified vehicle histories, CPO cars offer buyers increased peace of mind and assurances against unexpected repairs.
Buying a standard used car may save you money upfront. However, their quality varies because they don’t undergo the same comprehensive inspection and certification process. They typically come with limited or no warranty coverage and may lack transparency regarding their maintenance history, meaning you may be paying for expensive repairs sooner than you would with a fully checked and certified car. While standard used cars may have a lower initial cost, CPO vehicles provide buyers with a more cost-effective purchase in the long run.
CPO cars have set pricing that comes with the certification and added benefits. That being said, it may be possible to negotiate the price of a CPO car, depending on the dealership. Assess the market value of similar CPO vehicles in your region to gain bargaining power. If you notice any issues or imperfections with the car, you can use this as leverage to negotiate a lower price based on potential repair costs.
Consider the time the car has spent on the dealership lot. The longer it’s been there, the more likely they may offer flexible pricing. While there may be less room for negotiation compared to standard used vehicles, a polite and well-informed approach that highlights your research and genuine interest can still result in securing a better deal on a CPO car.
CPO vehicles offer quality, reliability, and additional benefits. They undergo rigorous inspections, have extended warranty coverage, and offer transparency about their history. This makes them a more reliable option compared to standard used cars. Visit Firkins Auto Group to explore our selection of CPO vehicles for sale or chat with our team. We’re ready to answer your questions and provide financing assistance should you need it.