FAQs

What is the Difference between USED and CPO?

ANY vehicle that has previously been owned by another party is referred to as “USED.” The term “certified pre-owned” refers to a car that has been previously owned but has been certified by the dealership as meeting particular inspection criteria. However, not all CPO automobiles are created equal

What exactly is a Factory Certified Used Car?

A Factory Certified Used Car is a previously owned car that has been reconditioned to pass a manufacturer-approved multipoint factory inspection. Every CPO vehicle on the lot comes with a CarFax vehicle history report, a service record, and a complimentary limited warranty that covers the whole continental United States. The coverage of a CPO warranty varies by brand, but some have no mileage restrictions or cover the car for up to 100k miles.

What makes a Factory Certified Used Car Different from a Dealer Certified Used Car?

A Factory Certified Used Car comes with a number of extra warranties that you won’t get at a regular Used Car Dealer. While the two vehicles may appear to be similar side by side, the Dealer Certified Used Car DOES NOT have to meet particular brand requirements in order to be certified. That means that a dealer has the legal right to inspect and recondition a car before selling it. Furthermore, the dealer is only required by law to provide the state-mandated minimum limited warranty.

What is the benefit of buying a certified used car?

There are numerous advantages to purchasing a Certified Used Car.These automobiles are covered by the vehicle’s manufacturer’s warranty. To get through the certification process, these automobiles are hand-picked. These vehicles must meet strict specifications in terms of condition, mileage, and years of service.

Each car must pass a thorough inspection and reconditioning process by the manufacturer. Each vehicle comes with a Factory Backed Certified Pre-Owned Warranty that covers the vehicle for a period of time that exceeds the state’s minimal standards for used car sales.

Who can offer a Factory Certified Used Car?

A dealership that is authorized by the manufacturer to sell the new version of the same brand is the only one that may sell a Factory Certified Used Car. For example, if you want to buy a Factory Certified Used Jeep Wrangler, you must go to a Jeep store that is authorized. While a Honda dealer can sell a used Jeep Wrangler, they cannot provide the Jeep dealership’s Factory Certified Warranty.

What is included in a Factory Certified Warranty?

Two Factory Certified Warranties are alike, just like no two vehicles. Each Factory Certified Warranty, on the other hand, covers particular needs. To begin with, each car must be less than a certain number of years old and have a certain amount of miles on the odometer. The vehicle must also have a clean CarFax report with minor damage. A car must pass a multi-point check before being reconditioned. The engine, drive train, suspension system, and exhaust, as well as the body, lighting, tires, brakes, and interior amenities, are all covered in this 125-step procedure. Once the car has earned certification, the guarantee that comes with it will cover it for a period of time.

How long does a Factory Certified Used Car Warranty last?

The length of the Factory Certified Used Car Warranty is determined by the number of years the vehicle has been in service and the number of miles it has on the odometer when it was purchased.

Is this the same as an extended warranty?

An extended warranty is not the same as a factory-certified used car warranty. For either a new or certified pre-owned car, an extended warranty allows the buyer to prolong the warranty benefits. Some extended warranties cover the car for a longer period of time or for a greater number of miles, while others just cover certain aspects of the vehicle. The financing manager at the dealership will be able to show you the alternatives that best suit your needs.

Carmax, Carvana, Cargurus, or any other third-party used seller offer a Factory Backed CPO Warranty?

Because they are not permitted to sell the new version of those brands, third-party dealerships, including online companies like Carmax, Carvana, and Auto lenders, are unable to offer a Factory Backed Certified Used Car.

Can you finance a CPO car, SUV or Truck?

You CAN finance a Certified Pre-Owned vehicle through the brand’s authorized lending suppliers if you qualify for financing based on your income/credit rating, or you can arrange your own financing if you choose.