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How to buy a certified pre-owned car Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our goal is to help you make better financial decisions by offering interactive financial calculators and tools as well as publishing original and impartial content. This allows users to conduct research and compare information for free to help you make financial decisions with confidence. Bankrate has partnerships with issuers including, but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Earn Money The offers that appear on this website are provided by companies that pay us. This compensation can affect the way and when products are featured on the site, such as for instance, the order in which they may appear in the listing categories, except where prohibited by law. Our mortgage or home equity products, as well as other home lending products. But this compensation does affect the content we publish or the reviews that you read on this site. We do not contain the entire universe of businesses or financial offers that may be available to you.

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3 min read . Published September 08 2022

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Editor: Rhys Subitch Edited by Auto loans editor

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Review by Mark Kantrowtziz. Reviewed by Nationally recognized expert on student financial aid

Mark Kantrowitz is an expert on student financial aid, the FAFSA as well as 529 plans, scholarships as well as tax benefits for education and student loans.

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Certified pre-owned vehicles are an excellent choice for anyone who is looking for an affordable car that doesn’t come with the cost of buying a brand new car. These vehicles come with several advantages, such as lower overall costs. To find a quality certified used car just follow a few steps. 3 steps to buying certified pre-owned cars Certified pre-owned vehicles are typically sold at less of a markup than new vehicles. They can also be accompanied by warranty coverage from the factory and peace of mind that a trusted dealer can provide. Step 1: Conduct your research You will want to know what you need in a car before you even start looking. Select a car that will meet your needs and . This can be done by looking up prices and other important characteristics, such as whether the vehicles have backup cameras and seat temperature controls as well as their dimensions and. Step 2: Shop for it There are numerous locations to search for certified used vehicles, even though the inventory could be limited in the present market. Once you’ve narrowed your choices, it is time to start looking. You can shop , at brick-and-mortar dealers or a mix of both. Explore all options available and compare the features they offer. Step 3: Examine its certification Certified pre-owned vehicles might come with a history report. This report can provide you with an in-depth look at the life of the car as well as any previous accidents, damage or mechanical problems. Where to buy a certified pre-owned car Certified used cars are available at a variety of dealerships. Franchise dealerships. If you have a certain car brand that you would like to drive, look into dealerships for cars owned by specific auto manufacturers. Rentals. Dealerships that specialize in rental vehicles, such as Hertz or Enterprise also tend to be an ideal option to purchase CPO vehicles. But , the rental vehicles may have seen more use than the typical used car. Online dealerships. The internet serves as an excellent CPO shopping destination. Check sites like , , Edmunds, Kelley Blue Book and TrueCar. Pre-owned car dealerships. You can also find certified pre-owned vehicles. Benefits of purchasing certified used variety of advantages to purchasing certified pre-owned vehicles. Extended warranty A certified used vehicle could be covered by an extended warranty, which provides protection for an extended period. The warranty could comprise a limited powertrain warranty that covers the transmission, engine and drivetrain components, and a bumper-to-bumper limited warranty that covers parts of the body and the interior. Bankrate advice: Examine to find out how long the warranty on your vehicle is valid for and request warranties that exclude certain components. Find a list of parts that aren’t covered for example, tires — under the CPO warranty. If the vehicle has electrical components that require lots of components, such as brake and tire wear sensors Ask the dealer if the warranty will cover replacements. A better value Another advantage of buying certified pre-owned is that it is likely to reduce the cost of the vehicle. This is because the vehicle is inspected by the dealer and comes with a certain type of warranty. Both of these can cause a decrease in the total . You won’t have to be concerned about future repairs or mechanical issues as much as you would with a used vehicle that’s not certified. This will allow you to focus more on the vehicle its features, and less of the possibility of hidden issues. Exchange programs are based on manufacturer and dealer it is possible to return the vehicle within a specific period of time in case it doesn’t meet your expectations. It’s not available for all CPO models, so check with the dealer prior to signing up if you’d like this feature. What to watch out for If you plan on buying a , you should be prepared to be patient to get an excellent vehicle. Be patient Pre-owned vehicles are highly sought-after in the present. It could take you several months to find the perfect car therefore keep searching and find . Be sure to research the car. Make sure the vehicle you are considering has the features you are looking for and then compare the prices to similar models in your region. You can also compare cars and locate for local dealerships on the internet. Have it checked out Having a car inspected by a mechanic prior to purchase is one of the most effective ways to assure you that you’re getting an excellent vehicle, even if it’s a CPO. You can also look up the vehicle’s history by using the VIN number. (VIN). Try a test drive when you take the car for a test drive, notice the manner in which it responds and note if there is anything that seems odd, such as strange whining or knocking sounds. Take an evening test drive If you can, so that you observe the performance of the headlights. Remember, since you are considering a pre-owned car, you will have more room for negotiation. The next step is to decide whether you want to buy a certified pre-owned car involves some study and planning However, with a little patience, you can get a solid car at an affordable cost. When you have found the perfect vehicle, make sure you be eligible for financing prior to when you make the purchase. Coming in with a can give you more space to .

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Written by

This article was written with the help of automation technology, and then verified and edited by an editor from our editorial team.

Editor: Rhys Subitch Edited by Auto loans editor

Rhys has been editing and writing for Bankrate since the end of 2021. They are dedicated to helping readers gain confidence to take control of their finances by providing precise, well-researched and well-constructed information that breaks down otherwise complex topics into manageable bites.

Auto loans editor

Review by Mark Kantrowtziz. Reviewed by Nationally recognized student financial aid expert

Mark Kantrowitz is an expert on student financial aid including the FAFSA, 529 plans, scholarships as well as tax benefits for education and student loans.

Nationally acknowledged expert in student financial aid

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