There are plenty of reasons, including saving money, value depreciation over time, and lower insurance rates, to opt for a used car rather than purchasing a brand new one. However, it is natural to feel skeptical and uncertain when it comes to a used car since the previous owners may not have maintained it well. Plus, some used car dealers tend to falsify records and conditions to sell the car for a higher price than it’s worth. This is why you must always go for a Certified Pre-Owner – CPO – when you buy used cars in Calgary.
What is a Certified Pre-Owned Car?
Before diving into why exactly you should always go for a Certified Pre-Owned vehicle when purchasing a used car, let us have a look at what it really is. A CPO vehicle is a low mileage used car that has gone through an inspection process and is certified for its good condition by a certifying authority. They have often gone through a refurbishment and are backed with warranty coverage by the original manufacturer of the vehicle as well. Due to the certifying process, the low mileage, and the fine condition, they are normally more expensive than a regular used car, but the total price is quite lower than when you purchase a brand new car.
Reasons You Should Buy a CPO Car
– Warranty
One of the biggest disadvantages of buying a used car is its lack of warranty. You lack the sense of a safety net that you have with a warranty in case something goes wrong with your vehicle. When you purchase certified used cars in Calgary, however, you receive a verified warranty either as an extension of the original warranty of the vehicle or another valid warranty up to a certain mileage or a period of time. If your CPO warranty is backed by the manufacturer, it works exactly like the original warranty, and you can get your repairs done from the dealership service centres of that brand.
– Inspection
No matter how savvy you think you are when it comes to inspecting a used car, there are ways corrupt used car dealers can scam you with a defective, used car that causes issues after a while. Certified Pre-Owned used cars in Calgary, however, go through multiple inspections by professionals before receiving the certification. These inspections cover every aspect of the vehicle including mechanical and electrical components, tires, frame, and upholstery. Especially when it comes to manufacturer-backed CPOs, the certification is not given if there is even slight damage or a defect since they are responsible for the cost of repairs due to the extended warranty.
– Mileage
To be eligible for a CPO label, a car has to have low mileage, and it should be well-maintained. These guidelines are often stringent since the car manufacturers themselves are involved in the certification process. For example, a car does not get approved to be a CPO if it has any history of collisions or accidents.
– Financing
If you have prior experience buying a used car, you probably know that the financing options that come with used cars are not very promising. However, the car dealerships that sell used cars in Calgary often offer attractive low-interest financing plans that come from the manufacturers themselves. Simply with the low-interest, you can save a lot of money by going for a CPO over a regular used car with high-interest loans. In fact, most financial institutes treat CPO vehicles similar to brand new cars.