3 Reasons To Lease A Certified Pre-Owned Auto
Buying a used auto can help you save a significant amount of money. Basically, some of the best bargains in autos can only be found in the garages of private owners. However, the main endeavor is being assured that you are not buying a broken car. After all, a used vehicle does not usually come with a warranty. If the car is a lemon and the car breaks down unexpectedly, you will not have any recourse except potential a lawsuit.
Buying a certified pre-owned car (CPO) can help you manage the risk. You will still save money because they are less expensive than new models. Plus, they are thoroughly inspected and come with a limited warranty. Below, I will give you 3 reasons why you may want to consider buying a CPO or certified pre owned car.
Fact number 1: Inexpensive Auto In Great Condition
A lot of people mistakenly equate a inexpensive price tag makes a great deal when buying a used car. But, if that car leaves you stranded or experiences frequent mechanical problems, the costs of repairing it can transform it into a money pit. A CPO is nearly always in great condition. They’re usually a couple of years old and have low mileage on them. Plus, mechanics perform an exhaustive series of tests to make sure the CPO is consistent with the manufacturer’s specifications.
Fact #2: Depreciates Less After Purchase
When you buy a new car and drive it home, it loses thousands of dollars in value. The initial depreciation of a new car is significant during its first 2 years. That’s one of the reasons financial planners suggest buying a used car. A CPO helps you avoid paying for the initial depreciation.
Fact number 3: Includes A Warranty
There are steps you can take when buying a used car to help prevent problems down the road. In the event, you can invest in a vehicle history report and have a mechanic perform a diagnostic test. But, the used car still won’t come with a warranty. By contrast, a CPO usually has a limited warranty that covers specific parts. This provides piece of mind. If something goes wrong with the parts that are covered, you will have recourse.
In spite of the fact that CPO Cars have been sold for many years, the majority of drivers are either unaware of them or avoid them due to their higher prices. But, it’s important to remember that those prices reflect a higher level of confidence in the car’s safety and reliability. If you haven’t considered purchasing a CPO, visit a local dealer. You might be surprised by the deals you’ll find.