Best Bang for Buck Certified Used Cars
September 3, 2015
When purchasing a used car, many buyers opt for certified preowned (CPO). That means these vehicles have been inspected and certified by the manufacturer or dealership, and can sometimes add up to greater peace of mind for car shoppers. But many shoppers worry that they will pay too high of a price premium for these vehicles.
However, not all CPO programs are the same -- how can buyers know which are going to give them the most bang for their buck? BankRate.com has a list of the nine car brands that offer CPO vehicles with a price premium of less than $500 over what you would normally pay for a similar non CPO vehicle. Manufacturers on the list include Jeep, Ram, Subaru, and Honda. See below for the full list.
And when shopping for a used vehicle, I recommend using TrueCar No Haggle and Edmunds Price Promise to see the lowest prices in your local area.
|Manufacturer||Avg. Premium Amount||Avg. % Premium|
My Recommendation for Car ShoppersTrueCar and Edmunds are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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