Certified pre-owned vehicles are a great way to get the best of both new and used cars. Thankfully, incentives are common. Here are some current incentives on CPO vehicles CPO Deals
If you’re like many car shoppers, you want a brand-new car, but it’s not in the budget — and yet, you’re worried about costly repair bills with a used vehicle. If that’s you, we have a solution: consider a certified pre-owned (CPO) vehicle instead of a normal used car. CPO cars are recent models that come with big discounts compared with new models, and they include long, manufacturer-backed warranties. To help entice buyers, many automakers offer CPO deals and incentives that go beyond the regular price — and we’ve listed some of the best deals available in February on a few of our favorite CPO cars and programs.
Audi’s certified pre-owned program offers one year of additional comprehensive warranty coverage beyond the original factory warranty for improved peace of mind — and drivers can pay more to add extra coverage if they like. Through the end of February, Audi is offering a special incentive for certified pre-owned vehicles: all CPO Audi models from 2013 to 2017 are offered with 1.99 percent interest for up to 24 months — a good rate for a used car.
BMW’s certified pre-owned program covers vehicles for one year with no mileage limit beyond the original factory warranty, and drivers who want to add additional coverage can do so for an extra fee. This month, BMW’s certified pre-owned warranty is more appealing than usual thanks to an incentive from BMW. Through the end of February, qualified shoppers interested in financing a certified pre-owned 2015 or 2016 model can get 1.99 percent interest for up to 24 months — a good deal for a used car, even if the term is shorter than usual.
Buick Enclave, Encore
Buick’s certified pre-owned warranty offers 6 years or 100,000 miles of powertrain coverage, along with an additional year of bumper-to-bumper coverage from the expiration of the original warranty. That brings peace of mind to the purchase of a certified pre-owned Buick — but the automaker is also offering another benefit: right now, Buick is offering 1.9 percent interest for up to 36 months to qualified shoppers interested in a certified pre-owned version of its Encore or Enclave luxury crossovers.
Cadillac ATS, Escalade, SRX
Cadillac’s certified pre-owned program touts some of the best coverage in the luxury car realm, offering 6 years or 100,000 miles of comprehensive coverage from the original sale date. In February, Cadillac’s CPO program is even more enticing thanks to an incentive from Cadillac. Through the end of the month, Cadillac is offering the compact ATS, the Escalade SUV or the SRX crossover with 2.9 percent interest for up to 36 months — a good rate and a desirable term length, especially considering Cadillac’s available warranty.
Chevrolet’s certified pre-owned warranty is identical to the warranty of fellow General Motors brand Buick, as Chevrolet offers 6 years or 100,000 miles of powertrain coverage from the original sale date, along with an extra year of bumper-to-bumper coverage. Right now, shoppers interested in a certified pre-owned Chevy can get an extra perk, as the automaker is offering 1.9 percent interest for up to 36 months on a host of models: the Bolt electric hatchback, the Cruze compact, the Equinox and Traverse crossovers, the Malibu midsize sedan and the Volt plug-in hybrid.
Land Rover’s certified pre-owned program offers excellent coverage, touting 7 years or 100,000 miles of comprehensive warranty coverage from the original sale date — one of the longest terms in the industry. This month, Land Rover is sweetening the pot with several strong interest rate incentives. For all models, that means 0.9 percent interest for up to 24 months, while drivers can also get 1.9 percent, 2.9 percent or 2.9 percent for up to 36 months, depending on which Land Rover model and model year.
Nissan Altima and Rogue
Nissan’s certified pre-owned program offers powertrain coverage for up to 6 years or 100,000 miles. While Nissan’s CPO program regrettably doesn’t offer any additional comprehensive coverage, the program is especially alluring in February thanks to some incentives on the popular Altima sedan and the Rogue crossover. Through the end of the month, qualified shoppers choosing certified pre-owned versions of either models can get 3.9 percent interest for up to 60 months, which is a good rate over such a long term for a used vehicle.
The Toyota Camry is a popular midsize sedan known for its roomy, practical interior and for its durability. Nevertheless, shoppers who want to ensure reliability can get Toyota’s certified pre-owned warranty, which offers powertrain coverage for up to 6 years or 100,000 miles, plus up to a year of comprehensive coverage. This month, shoppers who choose to get a CPO Camry model can also get a special interest rate, as Toyota is offering 3.9 percent interest for up to 36 months on all certified pre-owned Camry and Camry Hybrid models.
What it means to you: If you’re interested in a recent used car with a full, manufacturer-backed warranty, our list of February’s best CPO deals and special offers is a great place to bring your search.