Should You Buy a Certified Used Car?
Certified used cars are the most viable options for people looking for a car within a tight budget. Most of the time, a new car may be out of your reach due to limited finances. Buying a used car is often the more affordable option, but most do come with warranties, making the purchase risky. However, certified pre-owned cars (CPO) or certified used cars have emerged as a wonderful option for buyers looking for value and quality on a limited budget. It is as simple as buying a new car from a reliable dealer. Here are the reasons why you should buy a certified used car.
The best certified used cars or pre-owned cars come with lifetime warranties. That’s right! You will experience complete peace of mind while buying a certified car just as if you are investing in a new vehicle. Each car is thoroughly inspected in order to offer a new car experience at an affordable price.
Dealers provide a lifetime warranty on these vehicles to back their claims. Often, this warranty is offered by the manufacturer. For example, if you buy a used Honda SUV, the company will give you Honda’s warranty. Moreover, they cover all minor and major repairs even after the expiration of the original factory warranty.
Like a new vehicle, you can enjoy many complimentary services when you buy a certified used car. Companies like Honda give complimentary offers through their licensed dealers who provide an entry in their privileged clubs. For example, at Honda Conyers, you can enjoy benefits like limitless oil changes for three years, a complimentary tank of gas upon purchase of your vehicle, unlimited nitro tire fills and more. Dealers offer many other deals with their certified pre-owned cars to make your purchase more enriching.
Depreciation Factored into Price
It is a well-known fact that a new car depreciates an average of 30-40 percent in the first two years after it’s purchased. But, in terms of pre-owned cars, this depreciation is already factored into the price. Manufactures like Honda pass this benefit on to their customers to make their vehicles more appealing. Therefore, the value of certified pre-owned cars depreciates much less than new cars.
Each and every car goes through a detailed inspection. A thorough investigation of the vehicle is conducted including checking the engine, suspension, brakes and more. For example, Honda conducts a thorough 182-point inspection of their vehicles to ensure that not a single vehicle is passed with even a minor flaw in it. This strict inspection makes your job easier in selecting a used vehicle.
Comparatively, it is easier to get financing when you choose a certified pre-owned car. Dealerships selling CPO vehicles are more trusted by lenders. In addition, the manufacturers offer loans at extremely low interest rates.
These are some of the benefits of buying certified used cars. Preferably, buy them from a licensed dealer of the company and check the perks offered with the vehicle purchase.