Buyers Want Used Cars That Will Last a Decade

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There’s an interesting quirk happening in used car buying that could affect new car sales for years to come. Almost half of all buyers want the car they buy to last at least 10 years.

The survey from AutoMD.com showed the majority of buyers are thinking pre-owned, or what we mortals would call used cars, crossovers, SUVs, and pickups. Price was the most important factor, but so was making sure the car would last a decade.

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Going CPO? Look to GM!

2013 Buick LaCrosse

There are two ways of looking at Certified Pre-Owned cars:

As overpriced used cars As value-priced new-car alternatives

Yes, buying a CPO vehicle will cost more than buying an as-is used car from a dealer or private party. The upside, though, is a warranty of some kind along with the peace of mind that comes with knowing the car underwent a 2,163-point inspection or whatever is standard now at dealerships.

The target market for CPO cars is people who want an alternative to a new car, but with the same assurance that if something goes wrong, they’re covered.

Virtually all automakers offer some kind of CPO program, and General Motors’ has recently been recognized as one of the best.

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