The difference between a new car and a used
vehicle is pretty obvious. A brand new Hyundai vehicle has no previous owners,
while a used car has. What some folks may not be as aware of is what a used car vs certified pre-owned car
means.
The key differences between a used vehicle and
a certified pre-owned (CPO) vehicle are:
1. Condition
A used vehicle can vary widely in terms of
condition, whereas a CPO vehicle must meet certain standards set by the
manufacturer or dealership. CPO vehicles are typically newer with lower mileage
and have undergone a thorough inspection and refurbishment process to ensure
they are in top condition.
2. Warranty
Most used vehicles are sold "as-is,"
meaning there is no warranty provided by the seller. In contrast, CPO vehicles
come with a manufacturer-backed warranty that extends beyond the original
new-car warranty, providing additional coverage and peace of mind.
3. Maintenance
CPO vehicles usually come with a comprehensive
maintenance plan that covers regular service and maintenance for a set period
or mileage. This helps to ensure that the vehicle remains in top condition
throughout its lifespan.
4. Cost
CPO vehicles are more expensive than
comparable used vehicles because of the additional benefits they offer, such as
the warranty and maintenance plan. However, the added benefits may be worth the
extra cost for some buyers.
5. Financing
Some dealerships offer special financing rates
and terms for CPO vehicles, which can make them a more attractive option for
buyers who want to finance their purchase.
Overall, the key difference between a used
vehicle and a CPO vehicle is the level of quality and assurance that comes with
the latter. CPO vehicles undergo a more thorough inspection process and come
with additional benefits that can make them a better value for some buyers.
Value Trade-In