You don't have any saved vehicles!
Look for this link on your favorites:
Once you've saved some vehicles, you can view them here at any time.
Certified pre-owned (or CPO) is a term coined by the automotive industry to make used cars easier to sell. Dealers layer in benefits like inspections, reconditioning, and certification by either the original manufacturer or the dealer. Some CPOs even come with an extended warranty. All this gives buyers peace of mind, even though it comes with a higher price tag.
But, only a certain number of cars fit into the CPO box, and those that do often are priced higher than they should be. Let’s break this down.
Factories and dealers only offer certified pre-owned status on late-model, low-mileage vehicles (typically less than 5 years old and fewer than 80,000 miles). In many cases, CPO vehicles still have the basic manufacturer’s warranty. This means you’re paying a premium for comprehensive protection on a vehicle that likely won’t require enough repairs to justify that degree of coverage.
Most cars older than six years or that have more than 80,000 miles rarely qualify for CPO status. As such, customers shopping for older, higher mileage cars at lower price points may not have CPO vehicles as an option.
If you’re looking for peace of mind at a lower price tag, here’s what we recommend:
At CarLotz, we’ve helped our customers lock down this type of deal countless times. We’re happy to let you take our cars to your mechanic to check them out, and we’ll happily help you find a service contract that makes sense for you from a number of our national providers. The chart below is typical of what most of our customers see in terms of savings:
Get the savings of a private sale with the amenities of a dealership.
Vehicle service contracts? We can help you with that.
Financing? We got you covered.
Trade-in? We’re happy to take it.