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A certified used car, often called a certified pre-owned vehicle or CPO, offers the best of both worlds: a promise of reliability and a warranty combined with a lower price than a new vehicle.
Buying a certified pre-owned vehicle doesn’t guarantee a trouble-free ownership experience. Problems can still arise, although they’re less likely than with a non-certified used car. Standard used vehicles also have their drawbacks, chiefly the lack of warranty and inspection guarantees. Also, be aware of the look-alike certified warranty.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
That was up from less than $40,000 only three years ago. The average price for a used car in October 2023 was $26,533. ... 7 Best Sites To Find Cars for Less Than $10k. Show comments. Advertisement.
Buying a car can be a pricey affair and cause some sticker shock. As Consumer Reports noted, the average cost of new cars is now more than $48,000 -- up $6,000 from two years ago and $10,000 from...
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