AUTO VALUE GUIDE ..BEFORE WE LOOK UP..CLEARING UP SOME CONFUSION AND SOME DEFINITION OF TERMS!

Certified Pre Owned [CPO]is a Value Category that has been added because of the popularity of CPO cars with the public.This Category ; Pioneered by Mercedes to Boost sales of Expensive Used Mercedes, by Certifying that they were up to factory standards was a hit and has been copied by many categories of Manufacturers and Independent dealers.

I am not a fan of the concept or the value category !.Why? Because it is based on flawed assumptions

1.] Even if the vehicle manufacturer inspects the car.The manufacturer is a business associate of the franchise dealer and is not a disinterested party.So you are buying a premium priced used car with a warranty program.The car is not Re-manufactured ;it is simply inspected and needed repairs are made to a standard.

2] In many States All cars sold by dealers [who after all are the ones offering CPO] ..are required to be warranted.Even in States where this is not a requirement Consumers have more legal right if the car they buy is a lemon ,than if purchased from a private party. 3]In many States cars have mandatory emission or safety inspection and in states that have these laws; the dealer is either required to do this in order to sell the car or does so for reputation reasons or as part of a warranty they are giving or selling with the deal.Most used cars get "refurbished" to more or less extent before resale.In my opinion CPO just results in a more expensive used car with a "feel good" name.It's simple: you want a used car with good mechanicals and look at items no matter what it is called... [or disclosure and a discount if you like to tinker] .

A Certified Pre-Owned or CPO, car is a type of used car. Most often late-model, they differ from run of the mill used cars by having been inspected, refurbished, and certified by a manufacturer or other certifying authority. They also typically include an extended warranty, special financing, and additional benefits. Luxury marques Lexus and Mercedes-Benz were among the first to create CPO programs in the 1990s. There are variations as to what is termed certified pre-owned, so it's important to note the distinctions. Manufacturer (or "factory") CPO vehicles are only sold at authorized dealers specializing in that particular franchise. Factory CPO cars are generally five years old or newer and have less than 80,000 miles. They often cost more than vehicles certified by independent authorities, and are higher priced than a non-certified used vehicle. Independent programs can represent good value and an alternative to an OEM program. Independents may hold a vehicle to a higher standard than an OEM, or may be less stringent in their inspections. Independents include brands such as the National Vehicle Certification Program (or "NVCP"), Carmark, and others. Dealer-certified programs represent a third category, as they are often promoted as Certified Pre-Owned. These vehicles generally have not been inspected by anyone outside the dealership, but do typically carry a warranty or extended service contract to provide some protection to the consumer. With any certified pre-owned program, it is important to note who does the actual inspection and reconditioning repairs, if any. Both OEM and dealer-certified program vehicles are typically inspected by employees of the selling dealer- not by the manufacturer as may be assumed. Independents may employ a disinterested third-party inspector to ensure objectivity, or may allow the dealer to inspect their own vehicles. Because warranties, vehicle inspection points, and other program components will vary, prospective buyers would be wise to decide what defines CPO for themselves, by comparing the programs to determine what best represents their needs and expectations.Start Here .


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