CPO means whatever you think it means. In other words there is no industry standard for CPO programs.
There is no industry standard to certify a used vehicle, and there is no industry standard for the inspection process, or who performs a CPO inspection.
A CPO program is basically some type of warranty. Be sure you understand the warranty before you purchase.
Most CPO warranties cover only the drivetrain (engine and transmission). Many used car buyers believe that a CPO vehicle comes with a comprehensive bumper to bumper warranty, only to find out they are responsible for nearly all repairs. In most cases, a used car buyer can purchase the same coverage for less than the extra money spent for a Certified used vehicle.
Despite the benefits associated with manufacturer-certified used cars, consumers still need to be careful. Consider these potential drawbacks:
|The 1-2-3 Steps of Buying a Used Car||Who are ASE Master Technicians||Frame Inspections are crucial|
|Top 10 Buying Myths & Mistakes||Problems with a Carfax Report||The "AS-IS" Document|
|Certified Used-Car Drawbacks||Title Fraud and Title Cleaning||Who are Curbstoners|
|Price of a Inspection||Voided Factory Warranties||Determining the True Value of a Used Car|
|Other Types of Pre-purchase Inspections||Top 10 Things Your Mechanic Won't Tell You||Helpful Links & More Information|
|Flood and Salvage Vehicles||Odometer Fraud at Highest Levels|
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