The first thing that you must realize is how certified pre-owned cars differ from regular used car sales. When an older car model is traded to a car dealer that vehicle becomes a part of the dealer’s fleet of used cars. The car dealer can make the decision to either keep the vehicle and resell to a potential customer, or get rid of it if he feels that it is not profitable to him.
What Are Certified Pre-Owned Cars?
To attract more potential customers, used car dealers began listing their cars as pre-driven and pre-owned. They wanted to change consumers opinions that buying a used car was like buying a pile of worthless junk. During the late 80’s Mercedes-Benz car dealers started using the term “certified pre-owned luxury cars” to boost their used car sales, which peaked consumers interests. Automakers came up with the brilliant idea that used car dealers should inspect and make repairs on their trade-ins and pay for the repairs. Then the automaker would offer the used car dealer a warranty on their certified pre-owned cars.
When you’re searching for a used car from a respectable car dealer, make certain that you know the difference between factory and dealer certified cars. For example, when you see a car listed as certified pre-owned factory, this means the car’s warranty is backed by the factory and no cost will be incurred by you. On the other hand, cars listed as certified pre-owned dealer means you may have to buy an extended warranty for the car to ensure coverage on it.
Buying a certified pre-owned car will help you save money and give you peace of mind knowing that the vehicle has been inspected and repaired. And includes a warranty for repairs if something goes wrong with it.
