When purchasing a car, we have three options – new, certified pre-owned or non-certified used car. We all know that purchasing a new car is always better. Still, not everyone can afford to buy a brand new car. Those who cannot afford a brand new car and are looking for one that is used are often confused by certified versus non-certified options. If you are one of them, read through this article to make a well informed decision that meets your personal needs.
Certified Pre-Owned (CPO)
Pre-owned vehicles that are thoroughly inspected and reconditioned to meet the required standards of certification are referred to as "certified pre-owned". Depending on the authority of certification, they are again classified into two types – manufacturer certified and dealer certified.
These are the vehicles that are generally sold by private sellers or by the car owners themselves. The main thing that attracts people to buy these cars is their low cost. But in reality, they pose significant risks and the underlying costs after purchase are innumerable.
Advantages of certified cars
Pros and Cons of Non-Certified
The only possible advantage of these cars is their low price. There are many disadvantages.
Making the Right Choice
After observing the pros and cons of certified and non-certified cars, you might have got an idea on what is worth purchasing. Though CPOs are a bit expensive, benefits like manufacturer warranty may outweigh their prices. However, it is often advised to prefer a manufacturer-certified to a dealer certified car as the factory certification program is more reliable than the other.
Do Your Research
If you have decided to buy a CPO, check for the dealerships which offer maximum product range at best prices in the market. You can check their websites for inventories which are listed with used cars for sale. Choose a reliable dealer and pick a car that matches your requirements. Finally, check for the actual inspection report to have a better idea on what exactly is being checked and reconditioned. Also make sure that the Vehicle Identification number (VIN) on the report matches the number on the car. Ask for a test drive to feel more confident about the car's condition. Also remember that authorized dealers offer best products at better prices than the rest.
Certified pre-owned cars are becoming more popular among all the classes, as they provide huge benefits. However, make sure that you approach a reputed dealer to get the best value for your money.
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