Why You Should Buy a Certified Pre-Owned Car

Ray and Zach discuss certified used cars. Ray explains what a certified pre-owned vehicle is, why dealers certify some vehicles but not others, and the differences between franchised dealer certified cars and independent dealer certified vehicles.

0:00 Introduction
1:00 Franchised dealer CPO cars
4:00 CPO Warranties
6:27 Benefits of CPO
8:30 Independent dealer CPO cars
11:40 CPO from different brands?
13:01 Are CPO cars worth it?
15:35 Why aren't all used cars CPO?

If you like this video, please let us know in the comments below!

[CarEdge]

If you feel inclined, please leave a 5 star review. Stay safe, Ray

[blessedmom]

Zack... your staring in this video was so unusual compared to other videos. You were scaring me! Lol

[SocoJ]

Love the atmosphere makeover!! Thanks for the info! Super helpful! I'm about to go back in to try again to get a used vehicle and having you guys go through the process the ways you do makes it a lot less scary and frustrating! TYSM! All the vibes!

[saideepakb]

Thank you for accepting my request and making this video!

[steves]

Thanks for this discussion. I’m currently shopping for a CPO only from manufacturer shops. But the better brands seem to have not much inventory.

[johngreen]

Love you guys...love your truthful approach to these topics...with a sprinkle of comedy as well.

[MykeMellow]

Markets Man 😂 Appreciate the knowledge and love the father son dynamic.

[looking]

Nice job guys great information for people to know

[JamesOKeefe-US]

Great info wow. Excellent expertise you are sharing. Much appreciated!!

[saulgoodman]

I am a huge fan of CPO programs. I bought my wife a 2017 MB in Jan 2020. The in service date was August 2017 so the MB warranty is good until August 2022. The car had 24k miles and the dealer had to put 4 new tires, brakes, and rotors in addition to making the car look new. In Mercades cost world could run $4000+. Maybe I paid a $2000 premium. for cpo. However, I got a car that would only cost basic maintenance for 2 1/2 years. Everything else is under warranty. It's like a buying a new car at half price. If the is any problem, they give you a nice loner car and you are on your way.

[jezelc]

Ray, I still have my '06 Acura TL which was a CPO vehicle. Still love the car at 104k miles. I added a 2016 Sorento SXL 2 years ago for cargo needs which is also CPO and its been very reliable as well. Kia's bumper to bumper CPO warranty runs through 2023. Huge fan of CPOs.

[PatsGarageOnline]

When I was shopping for a BMW i8, I only looked at CPO cars and found 13 examples. Most had some weird damage, like underbody panels hanging from under the car, tires with less than 5mm tread (I brought my own gauge), wheel and collision damage. I found one salesman who disclosed that they can certify anything and the benefit to me is the 1 year of extra warranty and if I wanted to negotiate on the damages, I could, but they would likely only drop the price by 50% to replace the broken items. LOL, I learned that at least for the i8, the dealers were trying to move the cars quickly before they depreciated beyond what they paid for the car and paying the $4k to 5k to "certify" the car, made it more appealing to sell it on the secondary market.

[richardrubino]

Ray — per the Volvo Cars website: “Depending on the date the pre-owned car was certified, Volvo provides a 5-year, unlimited mile warranty, complimentary roadside assistance, and more. ... Once a Volvo is certified, this designation stays with the vehicle. The warranty is fully transferable to the new owner at no charge for the remainder of its lifetime.”

[richardrybarczyk]

Was planning on getting a certified 2017 Lincoln Continental if I couldn’t find a new car I liked, but the inventory on the Continental was so low I didn’t know if there were going to be many to pick from so i opted for a new Cherokee. Enjoy listening to your videos they’re always informative and fun.

[kimberlyh]

Interesting..good information.
Thanks guys!

[swissmade]

Totally worth it, I purchased a 2017 Lexus Nx200t I receive a loaner car every time I bring it in for service. I just had an experience where I dropped it off at Sewell Lexus in Dallas for an inspection and windshield wipers. The bill was $67 and I had the loaner for the weekend. I would not buy a car any other way

[bradw]

with Porsche, the 2 years unlimited miles will start when you buy it, if the car is out of original warranty. it is amazing. You could buy an 8 year old Porsche and if it is sold CPO, they give you another 2/unlimited miles. You could have a 10 year old car still under full factory CPO warranty

[bblastos]

Hey loved this video!! I'm interested in buying a used Volvo & based on your sage advice it will be a certified Pre Owned one!! thank you both...excellent insight!

[scatfish]

Have an idea of what I'd love to hear about...I just recently bought a new car and We wanted a couple of Factory accessories added. At one dealership the negotiation of those accessories and install was pretty straight forward...another dealership wanted ridiculous amount of labor costs. How do you know what it costs to install these accessories. The price of these accessories is readily available...but labor costs is totally subjective. Ya'lls insight is greatly appreciated!!

[arthurcrunden]

Bought a cpo 2011 fusion in 2013 with 19k miles on it still have the car now 144k miles in it and it’s been pretty trouble free over the years and saved 40% off a new car sticker this is the way to go