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CPO: Rethinking Used Cars by Anders Abadie





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CPO: Rethinking Used Cars by
Article Posted: 03/19/2014
Article Views: 129
Articles Written: 1536
Word Count: 445
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CPO: Rethinking Used Cars


 
Automotive
IIt is a dilemma some people face when shopping around for an automobile. Should I look at used cars? Pre-owned vehicles are very popular because there are so many different models available. If you find yourself lacking the funds to purchase a new vehicle, don't fret. Pre-owned vehicles offer a wider range of possibilities at a lower price bracket. Most dealerships offer a large selection of used cars that are reasonably priced.

One of the most important aspects of buying a pre-owned vehicle is to make sure you are dealing with a reputable dealer. Once you've found your ideal dealer, take advantage of rebates and other deals as it may lower the price even more. Here's a helpful hint, automotive experts say the best time to buy is towards the end of the year as dealerships will usually offer rebates, even on previously owned vehicles, so they can open up space for the newer models.

Another helpful tip is to look at a certified pre-owned car (CPO). CPO vehicles have grown in popularity over the years, so much so that they are now considered a third automobile purchasing category behind new and used classification. For those unfamiliar with CPOs, they are vehicles that dealers call "reconditioned" used cars. A reconditioned car has to be less than five years old. Once the age is validated, the vehicle is then put through an exhaustive and thorough inspection process. If it passes the test, it becomes a certified used-car. So, one advantage to buying a CPO is that you get a relatively new mode of transportation for a much lower price than you would have paid for a new automobile. These vehicles also come with an extended warranty.

CPO programs are quickly becoming one of the most popular forms of sale when it comes to the pre-owned market. According to a leading industry publication, over the past few years, these pre-owned vehicles account for 41% of all previously owned dealership sales. National sales of CPO vehicles totaled nearly two million automobiles in 2013, an increase of 16% more than what was sold in 2012. If you are contemplating the purchase of a CPO, hold off. Experts anticipate that a lot more of these vehicles will hit the market throughout 2014.

So what's available when it comes to CPO cars? Just about anything-from sports cars, to family sedans or SUVs, and even trucks. The best way to find what you need for the price you can afford is to shop around.

Rethinking the idea of used cars? Kalamazoo, MI area residents can find the largest selection at Maple Hill Auto Group. Learn more about us here: http://www.maplehillauto.com/.

Related Articles - used, cars, kalamazoo, mi,

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