Certified Pre-Owned Vs. Used Vehicles

TRAVERSE CITY, Mich.,–– If you're in the market to purchase a vehicle, there are quite a few options to consider. While some people may opt to lease or purchase a new vehicle, others would rather buy a used car or a certified pre-owned vehicle. Today, we'll be going over certified pre-owned vs. used vehicles and the differences between the two so you can make the purchasing decision that best suits your needs!

What is a CPO Vehicle?

A certified pre-owned vehicle, or CPO for short, is a used vehicle that's typically 6 or less years old, has gone through a series of inspections and repairs, and is covered by a manufacturer for an extended period or amount of miles. While each vehicle manufacturer offers slightly different CPO programs, most offer the same benefits. Let's take a look at some of the pros and cons. 

Certified Pre-Owned Vehicles

Pros:

• They will always have a clean title. During the selection process, vehicle history reports are thoroughly looked at to determine the title's status. If the vehicle has a salvaged title or otherwise, it's usually not selected to become a CPO vehicle.
• They have to pass a rigorous inspection process. Important components within the vehicle are inspected in order to ensure it is properly working and can handle the road ahead. If there are issues found during the inspection process, they will likely be fixed or the component will be reconditioned to the manufacturer's standard.
• They have extensive warranty coverage. Most, if not all of your vehicle will have warranties on parts. These warranties are typically to 100,000 miles or so, which means you'll be able to reap the benefits for months or even years to come. Depending on the CPO program, you might also get roadside assistance benefits as well! 
• They are typically newer and come with more features. You'll be able to get a vehicle that will be no older than 5 years for a fraction of the price of a new vehicle!

Cons:

• CPO's might cost slightly more than used vehicles, but they offer benefits like the included warranties that help to make up for the small price difference.
• Your vehicle may have had previous extensive service due to a collision or incident in its past, but that doesn't mean it isn't "up-to-code". All CPO vehicles must meet the strict standards of the manufacturer, so you can be sure it's safe to drive despite its past. You can see all of this information on the vehicle history report.

Used Vehicles

Pros:

• There are a wider range of vehicles if you choose to go with a used vehicle. This is because CPO vehicles must meet the standards of its individual manufacturer. Shopping used might give you more freedom to get a vehicle within your needs.
• They may be less expensive than CPO vehicles. This wide range of used vehicles comes with a wide price range, meaning you can choose to purchase a less expensive vehicle and have more money in your pocket. 
• They offer the freedom of warranty and protection program selection. With a CPO, the warranty is typically included, but with a used vehicle, you're free to choose which programs suit your driving habits best.

Cons:

• The used vehicle may be inspected by the dealership to determine its health, but doesn't need to meet the strict requirements of the manufacturer. The vehicle can also have a salvaged or damaged title, which can mean more complications for you to deal with. 
• Warranties aren't typically included with the vehicle purchase, and therefore up to you to choose and purchase yourself through the dealership or through a third party vendor. It's up to you to decide which option is best for you and your driving habits. 
• Used vehicles can be simply unpredictable. Even if the vehicle was inspected and runs well, problems can pop-up soon after purchase and it's usually up to you to pay for the cost of repair. Keep a special eye out for warranties through the dealership, and buying as-is vehicles to avoid even more surprises. 

While both CPO vehicles and used vehicles each have their benefits, they can also set you back in various ways. Knowing which option best fits your lifestyle, budget, and needs is important in determining your final decision. Choosing between purchasing a certified pre-owned vs. used vehicle is a big decision, but we're happy to help answer any questions you may have at Serra of Traverse City. Before you stop by, take a look at our list of used and certified pre-owned vehicles to get a better idea of what's out there. Don't forget, purchasing a used vehicle with Serra Traverse City provides you with our complimentary 7-point assurance package! Ask our sales persons for more information about this program and how it applies to the vehicle you're interested in. 

At Serra of Traverse City, we’re happy to offer you the best dealership experience in the Cherry Capital area. You can find the latest selection of Audi, Nissan, Toyota, VW, and Volvo vehicles at our North Campus location at 1301 S Garfield Ave, Traverse City, MI. If you’re looking for the newest Cadillac and Subaru inventory, or our Collision Center, our South Campus is located at 1747 S Garfield Ave, Traverse City, MI 49686. Our used vehicles and certified pre-owned headquarters is just across the street.

Website: http://www.serratraversecity.com
Follow us on: Facebook, Twitter, Instagram, Pinterest, Serra Cadillac Subaru Google+, Serra Nissan Volvo Google+, Serra Audi Toyota VW Google+, Serra Toyota Google+, Collision Center Google+, and YouTube