If your budget isn’t quite ready for a brand-new car, but you’re worried about problems and issues with a used model, a certified pre-owned car might be the best option for you. That’s because CPO vehicles are usually almost new — and they all offer a factory warranty that provides greater peace of mind than with most regular used cars. This month, we’ve rounded up a few CPO deals and incentives offered by automakers in order to sweeten the pot — to entice shoppers into considering a certified vehicle.
Buick’s certified pre-owned program offers two excellent warranties. One is powertrain coverage that lasts for 6 years or 100,000 miles from the original sale date; the other touts 12 months or 12,000 miles of bumper-to-bumper coverage. In August, Buick is also offering an excellent incentive on its certified pre-owned vehicles: Through the end of the month, qualified shoppers can get a certified pre-owned Buick with 1.9 percent interest — a great deal, though it’s only offered on the Buick Enclave and Encore crossovers and the LaCrosse sedan.
Chevrolet’s certified pre-owned program touts two strong warranties that add peace of mind to a vehicle purchase. The best is a powertrain warranty that lasts for 6 years or 100,000 miles from the original sale date, giving you excellent coverage for most major components. But there’s also a bumper-to-bumper warranty that covers vehicles for 12 months or 12,000 miles after they’re purchased. Through the end of August, shoppers looking for a certified pre-owned Chevrolet can also get 1.9 percent interest — a good deal on a used car. The offer is available on CPO versions of the Chevy Cruze, Equinox, Malibu, Silverado and Traverse.
Infiniti’s certified pre-owned program is one of the very best, as it offers an excellent warranty that covers some certified pre-owned vehicles with no mileage cap — something that’s only offered by a handful of other automakers. In August, Infiniti’s CPO program is even more impressive, as it’s available with an excellent low-interest offer to qualified shoppers: 0.99 percent for up to 36 months. That’s an excellent combination of a great deal and a great warranty for excellent peace of mind.
Jaguar’s certified pre-owned program is also among the best, as it boasts bumper-to-bumper warranty coverage for 7 years or 100,000 miles from the original sale date — one of the longest terms in the auto industry. In August, Jaguar is touting several excellent incentives for qualified shoppers looking to finance one of the brand’s certified pre-owned vehicles. Through the end of the month, Jaguar is offering 1.9 percent interest for up to 60 months on 2014 and 2015 XF models, along with 2.9 percent interest for up to 60 months on the larger XJ. Jaguar even has a good deal available on the F-TYPE sports car, touting 1.9 percent interest for up to 60 months.
Land Rover’s certified pre-owned coverage mirrors that of its sister brand, Jaguar, and its impressive warranty is identical: 7 years or 100,000 miles of bumper-to-bumper coverage from the original sale date, which is one of the best CPO warranties in the business. In August, Land Rover also matches Jaguar in offering excellent incentives on certified pre-owned models. Through the end of the month, Land Rover is offering 1.9 percent interest for up to 60 months on 2014 and 2015 Range Rover Sport and Evoque models, along with 1.9 percent interest for the 2015 Land Rover Discovery Sport. Drivers can even get a good deal on the full-size Range Rover, with Land Rover offering 1.9 percent interest for up to 60 months on certified pre-owned 2013-2015 Range Rover models.
Nissan’s certified pre-owned program offers 7 years or 100,000 miles of powertrain warranty coverage — and while it doesn’t add any additional bumper-to-bumper coverage, like some warranties do, it still provides excellent peace of mind. In August, Nissan’s CPO program also boasts some excellent incentives. The best deal is for qualified shoppers looking to finance a CPO Nissan, as the automaker is touting 1.95 percent interest for up to 36 months, or 3.95 percent interest for up to 72 months. For drivers looking to pay with cash, Nissan is also offering up to $500 cash back on any certified pre-owned model — or $750 cash back on a certified pre-owned Leaf electric car.
The Toyota Sienna is a popular minivan that has established itself as one of the best family haulers on the market, owing to a combination of its roomy cabin, reasonable pricing, lots of equipment and strong safety. Meanwhile, Toyota’s certified pre-owned program is also noteworthy, touting 7 years or 100,000 miles of powertrain coverage from the original sale date, plus an additional 12 months or 12,000 miles of bumper-to-bumper coverage. This month, you can combine the excellent Sienna and Toyota’s great CPO warranty with a great deal: 2.9 percent interest for up to 60 months, which is a long term for such a low rate.
Volkswagen’s certified pre-owned program boasts an extra 2 years or 24,000 miles of bumper-to-bumper warranty coverage, touting excellent warranty protection for shoppers interested in a used VW with the peace of mind that comes from a manufacturer-backed warranty. This month, VW is also offering two incentives to help entice drivers to choose its CPO program. The best is a low interest rate; through the end of the month, Volkswagen is offering qualified shoppers a 60-month term with 1.99 percent interest for all CPO vehicles, which is a good deal. Meanwhile, Volkswagen has another offer available: Through the end of the month, the automaker will pay up to $500 of your first payment on certain CPO vehicles.
What it means to you: If you’re interested in a great price on a used vehicle with the peace of mind that comes with a long warranty, our list of November CPO deals and incentives is a great place to start your search.