The 4 things you should do before buying a certified preowned car, Edmunds says
Summary
Certified preowned (CPO) cars are used vehicles inspected and backed by the car maker. They cost about 4% to 5% more than regular used cars but come with benefits like warranties and inspections that lower the risk of problems.Key Facts
- CPO vehicles are usually only a few years old and inspected by factory-trained technicians.
- These vehicles include a manufacturer’s warranty and sometimes extras like roadside assistance.
- CPO cars are sold only at official brand dealerships, not independent dealers.
- Dealer-certified cars are not the same as manufacturer CPO cars and offer different levels of inspection and warranty.
- Warranty coverage varies by brand; for example, Honda covers powertrain issues for up to seven years or 100,000 miles.
- Powertrain coverage usually includes important parts like the engine and transmission, but not minor wear items.
- Buyers should compare different manufacturer CPO programs to understand what is covered.
- CPO cars often come with perks such as lower interest rates on loans and loaner cars during repairs.
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.