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What to Know About Certified Pre-Owned Cars by Cleo Gib





What to Know About Certified Pre-Owned Cars by
Article Posted: 11/12/2015
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What to Know About Certified Pre-Owned Cars


 
Automotive
Looking to get a new car but can't possibly afford a brand new one? The concern with any used car purchase is the condition of the vehicle and whether the investment is a good one. No one wants to spend a lot of money on a car only to discover a few months down the road that it is a lemon. A great solution for many used car buyers is to purchase a certified pre-owned vehicle. Not sure what certified pre-owned is, or how it is different from a regular used car? Here is everything you need to know before you head out to pre-owned car dealers in Anchorage, Alaska, or your area.

Certified Pre-Owned Vehicles: The Basics

An informed car buyer is one who gets a great price and a great value. Oftentimes certified pre-owned vehicles are the great value you seek when on the hunt for a used car, but the more you know, the more certain you can be that you are purchasing a good vehicle that will stand the test of time. Check out this list to find out what you need to know about certified pre-owned (CPO) vehicles:

• CPOs provide peace of mind: If you cannot afford to purchase a brand new vehicle, but you want all of the perks like no hidden problems, like-new conditions, and a warranty, then CPO is a great way to go. Manufacturers put certified pre-owned vehicles through a thorough inspection process, so car buyers wary of hidden problems can rest easy.

• CPOs are a good value: Consider the fact that most CPOs are low mileage and less than 5 years old, come with a warranty, and are certified to be in good working condition. It is obvious that CPOs are a great value. Unlike brand new cars, CPOs are used and have already depreciated in price. Basically, you are purchasing a like-new vehicle that will depreciate at a much slower rate than a new car.

• You will pay more for CPO than for a used car that hasn’t been certified: Since the manufacturer has proved through their inspection process that the vehicle is in like-new conditions, it is only reasonable that a CPO costs a bit more than a typical used vehicle. Certified used car buyers trade peace of mind for this slightly higher cost, especially since they can probably expect to pay more money down the road for a non-CPO that requires more frequent and costly repairs.

• CPOs are on the rise: CPO programs were first developed by luxury car manufacturers in order to cope with the rise in leasing options. By selling cars as CPOs, luxury car manufacturers were able to maintain the integrity and the value of their cars. Since then leasing has been on the decline, but basically all car manufacturers have caught on to the CPO trend. Its popularity is expected to increase. In fact, 41% of used car dealership sales are CPOs.

• Savvy car buyers don't necessarily need a CPO: If you have the time to spend and have the basic knowledge and connections you need, the added cost of a CPO may be unnecessary. For instance, if you know what type of car you are looking for, the typical cost for that car (depending upon model year and mileage), and you have a trusted mechanic on your side who can evaluate the prospective car's integrity, then you do not need to spend more money on a CPO. Careful car buyers who feel confident in their ability to spot a lemon can rest easy when they head to pre-owned car dealers in Anchorage, Alaska, or their area.

Search Used Cars in Anchorage at Frontier Auto Sales to find the best cars Anchorage, Anchorage, Elmendorf Afb deals from Frontier Auto Sales. Pre-owned Car Dealers Anchorage Alaska. Visit our page on http://www.frontierautosales.org/ for more info!

Related Articles - Pre-owned, Car, Dealers, Anchorage, Alaska,

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