Choosing between a certified pre-owned and a regular second-hand vehicle comes down to your priorities. If you value peace of mind, warranty coverage, and a carefully inspected vehicle, a CPO car may be worth the extra cost. On the other hand, if you’re a budget-conscious individual and are willing to do more independent research and inspections, a regular used car can offer excellent value.
In this handy guide, we’ll be discussing what a certified pre-owned car is, if it’s a better option than a regular second-hand car, and the pros and cons of each. As your trusted automotive expert, Subaru is here with you every step of the way to offer you guidance in your car purchases.
What is a certified pre-owned car?
A certified pre-owned (CPO) car is a used vehicle that has gone through a thorough inspection and certification process conducted by the vehicle’s manufacturer or an authorised dealership. CPO programmes are designed to provide buyers with additional confidence and peace of mind when purchasing a used car.
The benefits and advantages of buying a certified pre-owned car include:
- Quality assurance: CPO cars undergo a comprehensive inspection that covers multiple components, ensuring that the vehicle meets specific quality and performance standards.
- Warranty Coverage: CPO vehicles often come with extended warranties provided by the manufacturer. These warranties can offer coverage for various parts and systems, reducing the risk of costly repairs.
- Reliability: With stringent quality checks and repairs as needed, CPO cars are typically more reliable than regular used cars.
- Peace of Mind: The combination of quality assurance, warranty coverage, and vehicle history transparency gives buyers peace of mind when purchasing a CPO car.
Subaru’s CPO programme is designed to provide buyers with a reliable and well-inspected vehicle that comes with an extended warranty and additional benefits, making it an appealing choice for those seeking a used Subaru with added assurance. Some benefits include:
- Multi-point inspection to cover key components that ensure vehicles meet Subaru’s standards.
- Subaru CPO vehicles come with a factory-backed warranty.
- Buyers receive 24/7 roadside assistance, including towing, flat tyre changes, and more.
- If a covered repair takes more than 24 hours, Subaru CPO owners are eligible for rental car reimbursement.
Regular Second-Hand Cars
Regular second-hand cars, also known as used cars, refer to vehicles that have been previously owned and driven by one or more individuals before being put up for sale again. They do not go through the certification process that certified pre-owned (CPO) vehicles undergo.
An easy way to identify a regular second-hand car is through the following characteristics:
- Variety of Options: The used car market offers a wide range of makes, models, and years, providing buyers with numerous options to choose from.
- Lower Initial Cost: Used cars are generally more affordable upfront compared to brand-new or certified pre-owned vehicles, making them an attractive option for budget-conscious buyers.
- Depreciation: Used cars have already experienced the steepest part of their depreciation curve, which means they tend to retain their value better compared to new cars.
Here’s what you need to consider when buying a regular second-hand car, as well as the risks involved:
- Determine your budget and research cars within that price range to ensure you’re looking at options that are financially feasible. Financing a used car may come with higher interest rates compared to new or certified pre-owned vehicles.
- Request a vehicle history report using the Vehicle Identification Number (VIN) to get insights into the car’s past, including accidents, ownership history, and maintenance records. Regular used cars may not come with comprehensive maintenance records, which makes it harder to assess how well the vehicle has been cared for.
- Research the specific make, model, and year of the car you’re interested in. A used car may have hidden mechanical or cosmetic issues that may not be immediately apparent, especially if it hasn’t been properly inspected.
Difference Between Certified Pre-Owned and Regular Second-Hand Cars
When comparing certified pre-owned (CPO) cars and regular second-hand (used) cars, several key factors set them apart:
- Quality and condition of the vehicle: CPO vehicles are typically late-model cars with low mileage. They undergo a rigorous inspection and refurbishment process to ensure they meet specific quality standards. The condition of a regular used car depends on factors such as age, mileage, maintenance history, and how the previous owner(s) cared for the vehicle.
- Warranty and reliability: CPO cars are considered more reliable due to the manufacturer’s certification and warranty support. Most regular used cars do not come with manufacturer-backed warranties and are therefore not as reliable compared to CPO cars.
- Certification process and inspections: CPO vehicles undergo a comprehensive inspection and certification process conducted by the manufacturer or an authorised dealership, whereas regular used cars do not go through a standardised certification process.
Pros and Cons of Certified Pre-Owned Cars
Certified Pre-Owned (CPO) cars come with a set of advantages and disadvantages. If you’re considering a CPO car, take note of the following:
Pros:
- Comprehensive inspections and reconditioning to instill reliability.
- Extended warranties and additional benefits such as roadside assistance, rental car reimbursement, and more.
- Peace of mind and reliability due to the combination of quality assurance, warranty coverage, etc.
Cons:
- Higher price compared to regular second-hand cars due to their certified status and inspections.
- There is limited availability and a specific selection for you to choose from.
Pros and Cons of Regular Second-Hand Cars
Regular second-hand cars offer cost savings and a wide range of choices, but come with some risks, including potential hidden issues and uncertain maintenance histories. Some of the pros and cons of regular cars include the following:
Pros:
- Lower initial cost compared to certified pre-owned cars.
- Wider selection and availability with numerous choices to fit a user’s preferences and budgets.
- Potential for negotiation and lower prices.
Cons:
- Uncertain vehicle history and condition, which makes it challenging to establish how well the vehicle was maintained.
- There is a higher risk of unexpected repairs and maintenance, which can increase the overall cost of ownership.
How to Buy a Certified Pre-Owned Car
Ready to purchase your very own certified pre-owned car? Follow these easy steps below as a guide when buying a CPO vehicle.
- Research and selection process: Research the coverage offered, including warranty details and additional benefits, to find a car that aligns with your preferences and needs.
- Thorough inspection and test drive: Schedule an appointment to inspect and test drive the CPO car of interest. Pay attention to how the vehicle handles, its comfort, and any unusual noises or issues during the test drive.
- Understanding the certification criteria and warranty coverage: We always say that knowledge is power. Ask the dealership for detailed information about the certification process. Ensure that the car has undergone a thorough inspection and meets the manufacturer’s CPO criteria.
- Negotiating the price and financing options: Once you’ve found a CPO car that you’re happy with, negotiate the price with the dealership. Research the fair market value of the vehicle to ensure you’re getting a reasonable deal.
Finding a car that’s perfect for you and your needs can be a journey. If your choice is between a certified pre-owned car or a regular used car, it’s important to know the pros and cons of each. A CPO car is preferred as it’s reliable, quality-assured, tested, and inspected to receive a certified badge for resale. It also features warranty coverage to reduce repair costs. A regular car, on the other hand, could have potential hidden issues, have no manufacturer warranty, and have higher maintenance costs.
Subaru, known for its commitment to quality and reliability, can provide expert guidance to help you make an informed decision. Book a test drive today and experience the reliability and performance of Subaru’s CPO cars for yourself. Make a smart choice by choosing Subaru for your next certified pre-owned vehicle.
Frequently Asked Questions (FAQs)
What is the difference between a certified pre-owned car and a regular second-hand car?
A certified pre-owned (CPO) car is a used vehicle that has undergone a thorough inspection and certification process by the manufacturer or an authorised dealership. On the other hand, a regular second-hand car, often referred to as a used car, is a vehicle that has been previously owned and driven.
Are certified pre-owned cars worth the higher price?
If you value peace of mind, warranty coverage, and a well-inspected vehicle, a CPO car may be worth the extra cost.
What does the certification process for a pre-owned car involve?
The certification process involves a thorough inspection, necessary repairs, documentation review, and the assurance of meeting specific quality standards. Technicians with manufacturer-specific training conduct a thorough inspection of the vehicle.
Can I negotiate the price of a certified pre-owned car?
Yes, you can negotiate the price of a certified pre-owned (CPO) car, just as you would when buying a new or regular used car.
