Many people are still in doubt about the quality of a used car. They said that buying a used car is just like buying the previous owner's problem on the car. They may have a point but it was still in the past. Today, the qualities of newly built cars have been improving significantly thus minimizing the risks of buying a used car. In fact, the car industry is calling them not by the name of used cars anymore but by the name of Certified Pre-Owned cars or CPO. These CPO cars mostly came from car manufacturers auction, off-lease, rental fleets, and from trade-ins.
Certified Pre-Owned cars have gone through rigorous inspection to ensure the quality of the car. Mechanics have check all the parts carefully and replacing the parts that are damaged. The car seats have been cleaned and shampooed and if they are still not that good looking, they are being replaced.
After buying a new car, the price depreciates by 15-20% the moment you drive it off the dealership's lot. So, if you're buying a certified pre-owned car, you are avoiding the depreciation percentage thus saving you some money. And don't worry about having the car broke down when you arrived home from the dealership because different dealerships can offer you different kinds of warranty service.
I can say that when someone buys a certified pre-owned car, they are in a win-win situation. Car manufacturers make money by selling their unsold cars or cars that they had on fleet or lease, on the other hand, dealerships also makes an income, and lastly, the people who buy a CPO car will be satisfied from buying a new model car at a lower price.
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