If you’re interested in a used car but you’re worried about maintenance and repairs, you might want to consider a certified pre-owned (CPO) vehicle. That way, you’ll get used car pricing along with the peace of mind that comes with a manufacturer-backed warranty. Better yet, many automakers also offer CPO deals and special offers to help entice shoppers to buy CPO vehicles — and we’ve rounded up the best such deals available this month from some of our favorite CPO programs.
BMW’s CPO program is among our favorites, as it offers a 6-year or 100,000-mile comprehensive warranty from the vehicle’s original sale date — along with several other enticing perks. In August, BMW’s CPO program also has another alluring offer: a low interest rate for qualified shoppers looking to finance a certified BMW. The brand is touting 0.9 percent interest for up to 36 months on all 2013 1 Series models, along with all 2013 and 2014 3 Series, 5 Series and X1 models. That’s a great deal on a lot of CPO BMWs.
Buick’s CPO program provides no-deductible powertrain warranty coverage for up to 6 years or 100,000 miles from a covered vehicle’s original sale date. It also offers an additional year of bumper-to-bumper protection, along with other perks like a trial subscription to SiriusXM satellite radio. And this month, there’s yet another reason to check out Buick’s CPO program if you’re interested in the brand’s popular LaCrosse sedan: because it’s offered with 1.9 percent interest for up to 36 months, which is an impressive rate for a used model.
Chevrolet’s CPO program offers surprisingly comprehensive coverage, touting no deductible and two warranties: powertrain coverage that lasts for six years or 100,000 miles, and bumper-to-bumper coverage that reaches one year or 12,000 miles. This month, Chevy’s CPO program offers yet another appealing factor: a low interest rate for qualified shoppers. Through the end of August, drivers interested in a CPO Chevrolet can get 1.9 percent interest for up to 36 months on an impressive array of models: the Cruze, Equinox, Impala, Malibu and Traverse. Combine the low rate with Chevy’s CPO warranty and it’ll be just like you’re buying a new car.
Ford’s CPO program offers excellent coverage, touting a 7-year or 100,000-mile powertrain warranty from the original sale date and a 1-year or 12,000 miles bumper-to-bumper warranty once factory coverage expires. Our only gripe is the high deductible of $100 per visit. But that becomes less of an issue when you consider the brand’s impressive offer available this month for all of its CPO cars: 2.9 percent interest for up to 66 months. That would be a good deal on a new car — and it’s an especially strong offer on a used model with a long factory warranty.
Infiniti’s CPO program is among our favorites, as it boasts six years of coverage with no mileage limit in certain circumstances — an impressive offer few automakers are willing to match. In August, Infiniti’s CPO program is even more alluring because it touts a major incentive: 0.99 percent interest for up to 36 months on every single CPO Infiniti. Between that deal and the brand’s impressive warranty, we’d seriously consider a CPO Infiniti model over a new one.
Jaguar’s CPO program is among the best in the luxury car world, as its warranty offers six years or 100,000 miles of bumper-to-bumper coverage, full transferability to subsequent owners and no deductible. This month, Jaguar’s program sweetens the pot even further with an impressive incentive for qualified drivers looking to finance a CPO Jaguar. That deal boasts 0.9 percent interest for up to 60 months on some models (like the 2013-2014 XF), along with 1.9 percent interest for up to 60 months on most other Jaguars — including all versions of the impressive F-Type sports car, except for the sporty V8 S model.
Although Nissan’s CPO program doesn’t offer any additional bumper-to-bumper protection, it offers powertrain coverage for up to seven years or 100,000 miles from a vehicle’s original sale date — a long term that provides excellent peace of mind. If you’re interested, Nissan has an additional offer to make things even more enticing this month: Through the end of August, shoppers interested in a CPO Nissan can get 1.25 percent interest for up to 36 months on any model, and 2.95 percent interest for up to 72 months on most models. Those are great deals in the used-car world — especially when you factor in the additional warranty coverage.
The compact Toyota Corolla is a fuel-efficient sedan that touts excellent gas mileage and notorious durability. In August, shoppers interested in getting a Corolla with Toyota’s excellent CPO warranty — which touts seven years or 100,000 miles of powertrain coverage and one year or 12,000 miles of bumper-to-bumper protection — can also get an excellent deal, as the sedan is offered with 1.9 percent interest for up to 60 months. And if you’re looking for something a little bigger, Toyota is extending the same impressive offer to its midsize Camry sedan.
What it means for you
Our list of CPO deals proves that you can get great new car incentives — and a new car warranty — even if you’re buying a used car.