Pre-Owned cars have been owned and driven by one or more owners. Their model years and mileage can vary. For this reason, they’re less expensive than new vehicles and certified pre-owned vehicles. Dealerships acquire a lot of their pre-owned cars from drivers who trade-in their pre-owned models for cash or to put toward the purchase of another vehicle. Depreciation isn’t a major concern with pre-owned vehicles, because by the time you purchase one, the previous owner would’ve taken the initial depreciation hit for you.
Many pre-owned cars have 100,000+ miles, and while that may seem like a risk, a car can last hundreds of thousands of miles with the proper maintenance. When considering a pre-owned car, keep the following points in mind:
Certified pre-owned vehicles are pre-owned vehicles that meet the CPO requirements of whatever automaker manufactured them. If you’re considering a Certified Pre-Owned Mercedes-Benz, for example, the car will include:
Another benefit of certified pre-owned cars is that they’re almost always late-model cars with limited mileage. Essentially, they’re like-new vehicles without the price tag and include many of the brand’s latest comfort features, technologies, and safety features for a reasonable rate.
Now that you know the answer to the question, “What is the difference between pre-owned and certified pre-owned,” you’re ready to start shopping! If you have any additional questions about CPO vs. pre-owned, contact us today! You’re also welcome to pay us a visit near Birmingham and Southfield. Be sure to ask about our current pre-owned vehicle specials and CPO offers!
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