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Buying a Used Car? Make Sure That it’s CPO-Approved

By Ellsworth Mciltrot Subscribe to RSS | April 19th 2012 | Views:
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Not long ago, buying a used car usually spells risky business because there was no telling what the vehicle has gone through. The second-hand car didn’t come with any warranty, nor did it come with a manufacturer’s seal of approval. Add to that, there certainly weren’t any cut-rate financial incentives to fully entice a skeptical used car buyer.

But times have changed. Today, vehicles that have undergone a Certified Pre-Owned (CPO) Program are increasingly becoming popular as more and more car buyers see their value. Because of this, many car manufacturers have now developed comprehensive and meticulous CPO Programs. In fact, some experts consider CPO to be a legitimate automobile industry, ranking third after new and used cars.

CPO vehicles were pioneered by luxury vehicle brands Lexus and Mercedes Benz to market their off-lease vehicles in the late 80s and early 90s. With CPO, the percentage of leased vehicles started to grow. Car manufacturers began to see the benefits of selling CPO vehicles directly to car buyers instead of sending them to rental companies. At that time, a huge number of CPO vehicles started to flood the used car market, and CPO programs became a legitimate business for all vehicle makers.

For anyone who hasn’t been exposed to the CPO marketing ads from leading car manufacturers, the concept of CPO is relatively simple: CPO vehicles are basically re-conditioned vehicles. Automobile manufacturers take their late-model used vehicles (generally less than 5 years old) and put them through a rigorous inspection and repair process, attach an extended warranty along with other perks, then sell them at a premium to the used-car market.

The benefit to used car buyers is quite clear: buying CPO cars in Edmonton is like getting a new car at a used car price. Not only do they get the peace of mind that is associated with buying a new car, they also buy a vehicle that they couldn’t afford otherwise, like luxury sedans and SUVs. For manufacturers, vehicle certification programs allow them to increase the value of a used car, extend their brands and increase turnover rates on their old vehicles.

As an added incentive, CPO vehicles from car dealers in Edmonton now offer reduced-rate financing incentives. Additionally, it is common to find other bonuses like 24-hour roadside assistance, complimentary oil changes, and trip-planning services. These perks are part of mega-marketing efforts that car manufacturers employ to push the sales of their CPO vehicles.

Visit local car dealers Edmonton car buyers and see for yourself the benefits of a CPO vehicle. Learn more about CPO vehicle programs at carsdirect.com.

Ellsworth Mciltrot - About Author:
For more details, search cars in Edmonton, dealers in Edmonton and dealers Edmonton in Google for related information.

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