Certified Pre-Owned (CPO) vehicles are an option for savvy shoppers looking for the quality of a new car without the extra cost. Nearly a quarter of car shoppers are considering purchasing a CPO vehicle, according to a 2016 Autotrader study.
Shoppers looking for a used vehicle they can trust with safety and reliability certified by the manufacturer should look at shopping CPO. Autotrader experts have identified 10 CPO luxury and 10 CPO non-luxury "Must-Shop CPO Cars" that offer a look similar to their brand-new counterparts with affordable pricing and a manufacturer-backed warranty.
"With a certified pre-owned vehicle, consumers get great value in a gently used vehicle that has been heavily evaluated by a manufacturer-specific checklist," said Brian Moody, executive editor, Autotrader. "Also, many CPO programs offer new-car perks like special financing, roadside assistance and rental car coverage. Buying a CPO vehicle gives you the feeling of a brand new car without spending every dollar you have."
There are many advantages to purchasing CPO models, as the vehicles have to pass a background check before a rigorous multi-point inspection is conducted using a process established by the manufacturer. After bringing the vehicle up to standards, a warranty is added which provides buyers peace of mind in the event that a repair is needed in the future. Customers get the confidence of a new-car experience without the extra cost and instant depreciation of value.
10 Must-Shop CPO Luxury Vehicles
- 2014-2016 Acura MDX
- 2012-2016 Audi A6
- 2013-2016 BMW 3 Series
- 2014-2016 Infiniti Q50
- 2014-2016 Jaguar F-Type
- 2013-2016 Lexus ES
- 2015-2016 Lincoln MKC
- 2015-2016 Porsche Cayenne
- 2012-2016 Range Rover Evoque
- 2012-2016 Volvo XC60
10 Must-Shop CPO Non-Luxury Vehicles
- 2015-2016 Chevrolet Tahoe
- 2015-2016 Ford F-150
- 2015-2016 GMC Yukon
- 2013-2016 Honda Accord
- 2015-2016 Hyundai Sonata
- 2014-2016 Kia Soul
- 2014-2016 Mazda3
- 2015-2016 Nissan Murano
- 2015-2016 Subaru Outback
- 2015-2016 Toyota Camry
(Models appear in alphabetical order.)
Criteria used for CPO luxury vehicles: a retail price of approximately $65,000 or less; a manufacturer-backed certified warranty must have a minimum of 6 years or 100,000 miles of total powertrain coverage included in the purchase price; similar look to a current new car.
Criteria used for CPO non-luxury vehicles: a retail price of approximately $40,000 or less; manufacturer-backed certified warranty must have a minimum of 5 years or 100,000 miles of total powertrain coverage included in the purchase price; similar look to a current new car; vehicles must have an overall federal government safety rating of at least 4 out of 5 stars.