The Cons and Pros of a Certified Pre-Owned Vehicle
Are you hoping to get a better car than what you have even if you can’t afford a brand new unit? A used car is your next bet, but you likely want something better than that. If that’s the case, you can look into what’s essentially the best of both worlds: a certified pre-owned or CPO car; one that has been inspected and approved for mechanical and body condition.
While CPO cars aren’t as numerous as uncertified units in Canada, you can still find them in some dealers in Edmonton, Alberta’s capital and a major economic hub. As a testament to being judged by fDi magazine as a North American city with the best economic potential, some dealerships can afford to inspect and repair used vehicles before certifying them. You may be wondering what makes CPO cars so special. To give you some ideas, let’s explore some of the cons and pros in buying a certified pre-owned car.
Cons
CPO cars typically cost more than your average used car, given that dealers and manufacturers inspect and repair some used cars out of their own pockets. Sometimes the difference in price is merely the warranty, which you can buy elsewhere at a lower price.
Currently there’s no industry standard for what defines “certified”, so you’ll have to find out the details from each manufacturer and dealership and compare them yourself. Even a used car that’s certified pre-owned doesn’t guarantee it’s problem-free, and may require a mechanic to inspect it thoroughly. Lastly, you still have to put up with wear and tear, and higher mileage.
Pros
Like any used cars in Edmonton or other cities, you won’t have to worry about depreciation. New cars typically lose about 20% of their value once they step out of their lot. Used cars, even CPOs, don’t depreciate as fast.
The biggest benefit of CPO cars dealers in Edmonton offer is they’re already inspected, repaired and given a warranty. Unlike used cars, you don’t necessarily have to inspect CPOs since dealers already did that. The same is true for manufacturer-certified ones; you can bring the CPO car to any dealer throughout the country that’s supports the brand.
Ultimately it’s your decision whether to buy a CPO car from car dealers Edmonton residents trust for their car needs. You know better your style, requirements and financial capacity. You can read more about CPO cars at Edmunds.com, Msn.com, cars.com and consumerguideauto.howstuffworks.com.
Ellsworth Mciltrot - About Author:
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Article Source:
http://www.articleside.com/business-articles/the-cons-and-pros-of-a-certified-pre-owned-vehicle.htm
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