The idea of buying a certified pre-owned vehicle isn’t a new one – in fact, according to a study conducted by J.D. Power and Associates, sales of certified pre-owned (also known as certified used) vehicles increased by 46% over the ten-year period 2000-2009. Have you ever wondered what the difference is between a certified pre-owned vehicle and a standard used vehicle? That’s the topic of our discussion today!
To qualify as a “Certified Pre-Owned” vehicle, a car must be offered for sale with a warranty that extends beyond the life of the initial new car coverage, and the warranty is backed by the original manufacturer.
According to Edmunds.com, when certifying a used vehicle, “the original manufacturer of the vehicle is using its dealer network to inspect the car, determine if it is worth certifying and then offer support for the vehicle for a period of time beyond the original warranty. Not all used cars can qualify for certified pre-owned programs, and terms vary from one brand to the next, but any true certified pre-owned program will include at least a 100-point inspection of the car. If problems are found, the factory-trained technicians will fix it or disqualify the car from the program. The certified warranty protection typically takes effect when the original warranty expires and, like a new car warranty, offers coverage for a certain number of years or miles, whichever comes first.”
Only certain used cars will make it into the certification program. Two standard requirements are 1) the car is less than five years old and has fewer than 75,000 miles and 2) the vehicle must not have had any serious accidents that would have required extensive bodywork.
Obviously, there are some pretty strong advantages to buying a certified pre-owned vehicle, like our certified Pre-owned Acuras and Nissans here at Tischer Auto, and we’re going to fill you in on them right here.
Advantages to Buying a Certified Pre-Owned Vehicle
1. Extensive safety and performance inspection.
This is a huge benefit when buying a vehicle that someone else has owned because hidden problems or concerns could be revealed during this inspection. This inspection (typically at least 100-points) should start with major operating systems – like the engine, transmission and drive train – and should also include aesthetic elements of the exterior and interior, as well as the functionality of safety features on and in the vehicle.
2. Repairs and refurbishment.
Once the inspection is complete and the vehicle is qualified for the manufacturer’s certified program, the vehicle is repaired and/or refurbished to bring it to nearly new-car standards. This extensive detailing and repair will make any used vehicle seem like new again!
3. Extended Warranty.
As we mentioned above, a certified pre-owned vehicle is one that comes with a manufacturer’s warranty that extends beyond that of the original warranty when the car was new. In some cases, these extended warranties may even kick in after the original factory warranty expires (if the original was transferable). This factor alone most definitely adds a sense of security to your decision to purchase a used vehicle.
4. Additional Perks.
Perks such as loaner cars, shuttle pick-up and drop-off service, roadside assistance, and free maintenance, are typically reserved for new car customers, but are generally included when purchasing a certified pre-owned vehicle.
For these benefits alone, it’s worth the time and effort to look into a certified pre-owned vehicle the next time you’re in the market for a car. The reality of buying a used car is that you get what you pay for, so the investment in a certified pre-owned vehicle is definitely worth it in our opinion.
Have you looked into or perhaps purchased a Certified Pre-Owned vehicle? Tell us about your experience in the comments section below. We value your opinion!
*image from wikihow.com