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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