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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.
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.
2009 Lexus HB: hybrid sports motorbike; 2016 Lexus UX: crossover; 2017 Lexus LS+: luxury sedan; 2019 Lexus LY-650 Yacht [4] 2021 Lexus ROV Concept: side-by-side [5] 2021 Lexus Electrified Sedan: sedan [6] 2021 Lexus Electrified SUV: crossover [6] 2021 Lexus Electrified Sport: sports car [6] 2021 Lexus BEV Sport Concept: sports coupe [6] Number ...
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Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3]
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