One of the most common questions that we’re asked here at Schumacher Used is related to the main differences between a used car and a certified pre-owned model. While you might have heard these two terms used interchangeably, there are actually a variety of important differences between them. Our team wants to help clear up the confusion. We’ve assembled this informative guide that covers the benefits and advantages of both used cars and certified pre-owned vehicles so you can shop with complete confidence.
Differences Between Used and Certified Pre-Owned
Used Vehicles
Price and warranty coverage are two of the biggest differences between used cars and certified pre-owned models. In general, used cars will receive some form of basic inspection prior to being placed on the lot for sale. However, this inspection won’t be nearly as comprehensive as a CPO model and it also usually won’t be backed with additional warranty coverage. This helps to explain why an ordinary used car will usually have a lower price tag than an equivalent model that’s earned certified pre-owned status.
Make sure to check for any remaining balance of warranty coverage on a used car that you’re interested in. Even if it’s expired, you might have the option to purchase additional warranty protection for a used vehicle based on its mileage and age. Another benefit of buying used compared to new is the fact that you’ll avoid most of the significant depreciation that comes with driving a brand-new car off the lot. The harsh reality is that a new car can plummet in value by as much as 20% on average once you take it home. Conducting your research, checking vehicle history reports, and choosing the right model are a few simple tips for ensuring that your used car shopping experience is simple and stress-free.
Schu-Guard Used Vehicle Limited Warranty – Exclusively at Schumacher
Included with every used vehicle in our inventory is the Schu-Guard Limited Warranty – an exclusive warranty that protects against unexpected repair bills. At no charge to you, you’ll receive coverage for a term of 6 months or 6,000 miles (whichever comes first) on most parts*. Simply click on the link below to learn more about this outstanding perk that comes from shopping for your next used vehicle at Schumacher.
Vehicle Protection Plans
In addition to any remaining factory warranty coverage, we’re proud to offer our customers a selection of protection plans that can help you safeguard your investment. From protection against wear and tear to long-term peace of mind from GAP coverage and extended service contracts – you have the option to upgrade your coverage to suit your needs!
Certified Pre-Owned Vehicles
In comparison to an ordinary used car, certified pre-owned vehicles offer an elevated ownership experience through enhanced perks and benefits. Held to a higher standard than most, every Chevrolet Certified Pre-Owned model is required to be less than 6 years old, have fewer than 75,000 miles, have a clean title, and pass a meticulous 172-point inspection. Should any issues arise that need to be corrected, only Genuine GM replacement parts and components will be used. In general, you can expect a CPO vehicle to have a spotless vehicle history report, have lower mileage, and be in better overall condition than a non-certified model.
Another tremendous benefit comes from the fact that all Chevrolet Certified Pre-Owned vehicles receive enhanced warranty protection that you simply won’t find on an ordinary used car. Although it differs slightly from a new car bumper-to-bumper warranty, CPO coverage includes most of the same types of mechanical defects and failures. You’ll also enjoy other perks like 24-hour roadside assistance and a vehicle exchange program. As you can see, there’s plenty of value and peace of mind that comes from buying a certified pre-owned model compared to an average used car.
Pros & Cons of Used Vehicles
| Pros | Cons |
|---|---|
|
Lower Price – Compared to new and also against CPO models, an average used car represents the most budget-conscious way to get behind the wheel. There’s much less reason to worry about depreciation and you could even upgrade to a higher trim level depending on your budget! |
Greater Risk, Less Protection – Without the robust warranty coverage of a new or CPO model, it’s especially important that you do your homework before buying. It’s smart to have a trusted professional inspect the vehicle before you make a purchase decision. |
|
Greater Availability – Shopping on the used market means that you’ll have far more choices available to you. This gives you greater freedom to choose different brands, models, and trim levels. |
Higher Financing Rates – Used cars typically don’t qualify for the low financing rates offered on new or CPO vehicles since it’s more difficult to predict the future value of a used car. |
Pros & Cons of Certified Pre-Owned Vehicles
| Pros | Cons |
|---|---|
|
Warranty Protection – There’s simply no substitute for the confidence and peace of mind you’ll enjoy from the robust warranty coverage included with every Chevrolet CPO vehicle. Eligible repairs will be performed at no charge to you during the warranty period. |
Higher Price – Since CPO models offer such a long list of advantages and are typically in better overall condition, they often carry a higher price tag than your typical used car. Compared to buying new, they still represent quite a bargain. |
|
Newer and Lower Mileage – CPO vehicles are required to have mileage below a certain threshold and be within a specific age range. This means you can expect exceptional value and many years of reliable performance. A meticulous inspection helps ensure that the vehicle is in good mechanical condition as well. |
Less Choice – Due to the rigorous requirements of the CPO program, you might have trouble finding the exact trim level, options, or exterior color you desire. Fortunately, you’ll find a huge selection of CPO vehicles here at Schumacher! |