Find the Best Car Deals Near You ⤵
Best Bang for Buck Certified Used Cars
September 3, 2015When 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 CarsDirect to see the lowest prices in your local area.
|Manufacturer||Avg. Premium Amount||Avg. % Premium|
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The AuthorGregg 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.
I welcome your car buying questions. Email Me and I'll be glad to answer them!