12/1/2023 0 Comments Reliable car selling websites![]() ![]() The remaining used-car inventory falls under this category. One alternative might be to find a car from a private seller that is new enough to still be under warranty. Edmunds data indicates that consumers will pay on average a 6% to 8% premium for a 3-year-old CPO vehicle. CPO cars are typically the most expensive used-car option. The coverage and convenience of a CPO car come at a price. Read "Certified Pre-Owned Cars: A Reality Check" to see what expectations you should have for a CPO car. But just because they come with warranties doesn't mean they are exactly like new cars. Our certified program comparison tool can help you see the differences in coverage. General Motors, for example, offers a one-year/12,000-mile bumper-to-bumper warranty and a five-year/100,000-mile powertrain warranty on all of its CPO cars. CPO vehicles, which are sold from dealerships of the same brand, go through extensive inspections and are reconditioned with factory parts. Each used-car retailer has advantages and disadvantages, so depending on your priority (price? selection? warranty?), several outlets may fit your needs.Ä«uying a certified pre-owned (CPO) car is a convenient way to find a used car, SUV or truck in excellent condition. Use this list as a quick reference guide to point you toward the best place to buy a used car. Check the vehicle identification number (VIN) at the National Highway Traffic Safety Administration's recall site so you'll know whether you're about to buy a car that you'll then need to take in for the free recall repair. ![]() Remember that you may find used cars for sale that are under recall and not yet repaired: It's not illegal for sellers to offer such cars. You may also need to expand your search further to find a car online or at a brick-and-mortar car dealer. This makes choosing the right used-car retailer even more critical, as a mistake has never been costlier. As of this writing, we're facing a shortage of used cars, which has caused their market value to spike to record highs. In 2022, however, there may not be many "cheap" cars to speak of. ![]() But if you pick the wrong vehicle or place to buy, that "cheap" car could cost you thousands in repairs or finance costs. Many financial experts will tell you that buying an inexpensive used car and keeping it for years is one of the savviest things you can do to minimize the cost of car ownership. ![]()
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