Everybody is looking to find a deal where they have to pay less for a luxury car. For such buyers, there is the option of certified pre-owned luxury cars. The buyers get the best of both worlds since they get the manufacturer’s warranty and savings in buying.
A certified pre-owned car is different from a used car. The car is certified by the dealer using the car maker’s specifications or the dealers can certify the cars themselves. There are many advantages to the certification. The first is that the car goes through a thorough inspection of all its various parts. The certified pre-owned luxury car gets an extended warranty for the miles covered and car usage, a bumper to bumper warranty or a powertrain warranty or months left.
These certified pre-owned luxury cars also come with a vehicle history at no extra cost. Additionally, you get access to the Roadside Assistance Program and other perks. A certified pre-owned luxury car is more expensive than other used cars because of this. You need to keep the extra expenses in mind before buying a certified pre-owned luxury car.
The average price of a certified pre-owned luxury car is above $35,000; hence, many buyers go for used cars. The used cars, however, cannot be compared to new cars in terms of warranties and services provided in the cost.
certified pre-owned luxury cars are less expensive than a new car and come with an Inspections Certificate and various warranties, depending on your choice.
They also come with loaner cars, roadside assistance, and free maintenance, which are comparable to the perks provided when buying a new car.
Many car companies offer perks for their cars, as well as having rates lower than used car loan rates.
The following can be considered top certified pre-owned luxury cars:
- Lincoln MKZ Hybrid (2014-2015)
- Mercedes-Benz C-Class (2014-2015)
- Infiniti Q50 (2014-2015)
- Acura TLX (2014-2015)
- Audi A4 (2015-2016)
- Lexus ES (2014-2015)
- Cadillac CTS (2015)
- Buick Verano (2015-2017)
- Hyundai Genesis (2015-2016)
- Cadillac CTS (2015)
Driving a new car is intoxicating, but the car starts to depreciate the moment you sign on the papers. Some cars depreciate faster than others. All new vehicles lose the most value within the first three years of ownership.
Many buyers chose to buy a car that has not been used much to save on expenses. The car will not have traveled many miles so instead of bearing the brunt of depreciation, they get a vehicle that is reliable. The CPO certificate adds to the buyer’s confidence in buying such a car. They are expensive; however, they are better than a used car or a car being sold by a neighbor.
You are unlikely to be the first owner of such a certified pre-owned luxury car and the car would have traveled a few thousand miles. It will definitely not be the latest version of the car you are buying. It all depends on the car, model, year, etc. you choose to buy.
You may have to spend a few thousand dollars more but there will be no compromise in the condition of the car or its warranties. This is why buying a CPO Luxury Car is a smart move.