Taking the risk of buying a Old Vehicle

Posted by Used Cars
1
Oct 29, 2010
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Used Cars. A term simple that has a less than positive meaning for most car buyers. Conventional wisdom says that buying a used car is buying someone else's problems. However, as has been the new car's quality up, the risk of buying a late model used car has gone down. In fact, the car industry not even calls them Used cars more. The term is now looking for certifying Pre-Owned, or CPO.


There is a growing market in this country for used car that have gone through a Pre-Owned Program certificate. CPO vehicles give the consumer a chance to buy the latest models, often only two or three years old, in great savings on a sell car. So when you buy one, you really are doing you a favor? Says John Davis, host of Motor Week, the weekly automotive show in the longest running television.


More than a third of all cars and used cars last model sold last year - nearly 1.2 million vehicles --- came with a Certified Pre-Owned designation. Is typically having low mileage vehicles and have passed through a battery of tests to ensure that are in the condition in tip-top. Vehicles fall into this category are mostly just off-lease, executive auctions ensured the car factory, the rental fleets, or the very best trade-ins.


A neglected for 15 to 20 percent of the time you drive it off the lot? says Davis. ? If you certifying that buying a Pre-Owned, you avoid taking initial depreciation, yet have an almost new car with a strong warranty and in some cases a better warranty than a new one. Do smart consumers can think of these vehicles as the best and brightest in your class?


According to CNW Marketing Research, Inc., one can expect to pay a award between four and seven percent a car with Certified Pre-Owned designation. the? They can cost little more than you expect to pay a used car, but when you look all checks and balances performed and the additional security is Easily worthy of it? Says Davis.


Among the advantages, not only have replaced some, but all vehicle parts that are even moderately worn. Many certified Pre-Owned cars come with new brake pads, hoses, belts and accessories, the cleaners and batteries. Their engines and transmissions have been have been checked and overhauled if necessary, be repaired or replaced exterior damage minor - as nicks, dings and tattered adjustment -; the carpets and seat upholstery are shampooed or cleaned, and if look less than new, are replaced.


Beyond that, certified programs provide additional warranties, often up to 100,000 miles, and can also include bonuses to help the roadside the car-club style. This kind of collateral exceeds really the coverage offered by the factory when it was new Consumer confidence increased programs? Certification on the quality of a used car values ? says Scott Weitzman, director major retail programs for the automotive Pollster known J.D. Power and Associates.


But do not just buy any vehicle that is labeled Certified Pre-Owned. The best CPO programs are found only in the new car dealers, with repair requirements and warranties backed by the factory. Also, ask to see the checklist in car or truck of your choice so you know exactly is what remained.


Simply put, purchasing a Certified Pre-Owned vehicle is really a win-win situation for everyone. The Manufacturers make money on vehicles they had in fleets or on lease, dealers increase their share of income compared toused car for sales , and customers walk away feeling better about some of the safeguards built? Says Davis

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