Pre-owned Cars as Safe Alternative to Brand New Cars and Used Cars
Posted by Bob at Jul 11th, 2008 in Certified Preowned
If you are in the hunt for a brand new car but you have a limited budget, you may want to consider certified Pre-owned Cars instead. Needless to say, brand new cars and limited budget are two phrases you just don’t find together. Or if you do, it would be in car loan commercials, which is entirely a different topic.
Manufacturer Certified Pre-owned Cars are a popular alternative to brand new cars and even to used cars. It has been classified as a third automobile category, joining the ranks of new and used cars.
For a vehicle to be Certified Pre-owned, it has to pass strict standards, a series of qualifications, and a long list of requirements. Some of the qualifications and requirements include: the vehicle must not be more than four years old, it must not have more than 60,000 miles in the odometer, and not only should it have an excellent mechanical condition but it should also meet high visual standards as well.
Seventy percent of used car shoppers consider buying a Certified Pre-owned Car once they become aware of the certified program features. Some of these features include: inspections and vehicle history reports and warranties.
You can check the reliability history of the car you are buying. This will give you an idea of what the car can offer in terms of service. Bear in mind that the advantage of a Certified Pre-owned Car lies on the fact that cars deemed unacceptable based on the standards don’t get the “Certified” seal of approval.
Another helpful information in buying a Certified Pre-owned Car is knowing who is behind the warranty of your choice car. Extended service contract are usually supported either by an independent company or by the car’s manufacturer. Understandably, manufacturer-supported warranties account higher in terms of ease of use while after-market warranties are usually cheaper.
Most concerned buyers think of the number of repairs for a Certified Pre-owned Vehicle. Let us not get ahead of ourselves. But fact is, all vehicles will require an increasing number of repairs as it ages regardless of its model, cost, and whether if it is brand new, used, or Certified Pre-owned.
You should also consider the difference between the three categories. Brand new cars, although it remains the best option, are “commercially” old three years from the time it was produced. It is worth 60-70% less two-three years from the time you paid for it. On the other hand, there are smart ways in choosing used cars but you are still practically gambling with this choice. With Certified Pre-Owned Vehicles, you have the warranty of a brand new car for almost the same price of a used car. It practically margins the extremes - used and brand new. And above all, it adds options to the buyers.
Tags: preowned trucks, certified used vehicles, preowned cars
