Certified Pre-Owned Cars Might Cost More – But They Bring Benefits!

When buying a car, you have numerous options available. You can go with a brand new model or a used car or explore the world of certified pre-owned cars. Many people shy away from certified pre-owned vehicles because they think they will be more expensive than used ones. A certified pre-owned car offers numerous benefits. This post will highlight the top reasons why you should consider buying a certified pre-owned car today!

Save Money Due to Depreciation

A new car depreciates just as it's handed over to you. It can lose up to 20% of its value during its first year alone. It means that you will likely get a much better deal on a certified pre-owned car that is just a few years old. The previous owner has already absorbed the brunt of the depreciation, so you can save money.

Pay Less for Insurance

You might be able to get lower insurance rates because the car is not worth as much as a brand-new model. That's another way that you can save money in the long run. You can use the extra amount you save on insurance to help make your monthly payments or pay for gas.

Get a Warranty with Your CPO Car

Certified pre-owned cars can also come with a warranty, saving you money if something goes wrong. New cars come with a manufacturer's warranty. You can get an extended warranty covering more repairs with a certified pre-owned car. These warranties cover repairs for a certain period or mileage, whichever comes first. That's helpful because it means you won't have to pay for unexpected repairs out of your pocket and won't have to worry about unexpected repairs eating into your budget. This is why a CPO is better than a used car because you have some protection against expensive repairs. You'll have to pay for all repairs with a used car.

CPO Cars Have Barely Any Mileage

One requirement for a car to be certified is that it shouldn't have much mileage. The mileage limit varies by manufacturer, but it's usually between 30,000 and 80,000 miles. It means certified pre-owned cars are relatively new and haven't been driven too much. This is good because the car won't have too much wear and tear.

If you're looking for a car that's new to you but doesn't come with the high price tag of a brand-new vehicle, then a certified pre-owned car might be right for you. With a CPO car, you can get many of the same benefits as a new car but for a lower price. Keep in mind, though, that CPO cars do cost more than used cars. So, a used car might be your better option if you're on a tight budget.

Supreme Ford of Slidell, serving Lacombe, LA, is the perfect dealership if you're looking for a reliable and affordable certified pre-owned car. Our experienced sales team will find the perfect vehicle to fit your needs, and our finance department can help you get the best possible financing terms.