If you don’t want to spend big money on a new car and you’re worried about potential problems with a used vehicle, a certified pre-owned model might be the right choice for you. That’s because CPO cars and trucks are often lightly used, with a long factory warranty for greater peace of mind over regular used cars — and they’re usually a lot less expensive than brand-new models. Best of all, some automakers offer CPO deals and incentives to help sweeten the pot for shoppers interested in a certified vehicle. To show you some examples, we’ve rounded up some of the top special offers available in July from a few of our favorite certified pre-owned programs.
Audi’s certified pre-owned program is among our favorites, as it offers comprehensive warranty coverage for up to 6 years or 100,000 miles from the car’s original sale date. Right now, Audi’s CPO program is even more enticing thanks to an excellent incentive from the automaker: Through the end of August, Audi is offering just 2.49 percent interest on all 2012 through 2016 certified pre-owned models (except the exotic R8 sports car) for up to 66 months — a long term and a great rate, especially for a pre-owned vehicle.
The Cadillac SRX is a luxury crossover with a focus on smoothness and comfort over performance and handling. Meanwhile, Cadillac’s CPO program boasts 6 years or 100,000 miles of coverage from a car’s original sale date — a long term that provides excellent peace of mind. In July, shoppers interested in getting an SRX with that certified pre-owned warranty can take advantage of an enticing special offer: Through the end of the month, qualified shoppers can get 2.9 percent interest for up to 36 months on any certified pre-owned 2015 or newer SRX, combining a great deal and the peace of mind that comes with a manufacturer-backed warranty.
Kia’s certified pre-owned program is among our favorites, as it touts powertrain protection for up to 10 years or 100,000 miles — excellent coverage that few other automakers offer. Kia’s CPO program also offers a year or 12,000 miles of comprehensive coverage that goes beyond just covering the powertrain. And in July, Kia’s CPO program is sweetened even further: Through the end of the month, qualified shoppers interested in a certified pre-owned Kia can get 1.9 percent interest for up to 36 months on any and all CPO Kia models — an excellent deal for a used vehicle.
Mazda’s certified pre-owned program offers two desirable warranties for shoppers interested in adding some manufacturer-backed peace of mind to a used car. The best is a powertrain warranty that lasts for 7 years or 100,000 miles from the original sale date — but Mazda is also offering a one-year or 12,000-mile comprehensive warranty on top of the original factory coverage. Best of all, Mazda is currently offering a special incentive on CPO vehicles: Through the end of September, Mazda is touting 1.49 percent interest for up to 36 months on all CPO models — an especially strong incentive when combined with the brand’s excellent warranties.
The Mercedes-Benz CLA is a compact luxury car that serves as an entry-level vehicle for the luxurious Mercedes-Benz brand. Meanwhile, the Mercedes-Benz certified pre-owned program offers benefits and drawbacks. The primary benefit is bumper-to-bumper coverage for unlimited mileage, while the main drawback is that the coverage only lasts for a year beyond the factory warranty — and you have to pay extra to extend it. But shoppers interested in a certified pre-owned CLA can get a good deal this month: Through the end of July, Mercedes is offering 1.99 percent interest on all CPO 2014-2016 CLA models for up to 36 months — a good offer that beats out Mercedes’ usual new car rates.
MINI’s certified pre-owned program roughly mirrors parent company BMW’s, and that’s a good thing — largely because it means most MINI models are covered with comprehensive warranty protection for up to 6 years or 100,000 miles from the original sale date. In July, MINI is offering an even bigger incentive than its excellent warranty for shoppers to consider a certified pre-owned model. Through the end of the month, drivers interested in a good deal on a CPO MINI can get 0.9 percent interest on any certified pre-owned 2013 or 2014 model. For drivers looking to pay cash, MINI is offering up to $500 cash back on certified pre-owned 2013 and 2014 models — a rare cash back deal on a CPO vehicle.
Toyota Camry Hybrid
Toyota’s certified pre-owned program offers two big warranty benefits for drivers interested in getting a used car with the peace of mind that comes from a manufacturer-backed warranty. The best is the powertrain warranty, which lasts for up to 7 years or 100,000 miles from the original sale date. Toyota also offers an additional comprehensive warranty that adds one year or 12,000 miles to the factory warranty. In July, the deal is sweetened even further on the popular Toyota Camry Hybrid: Through the end of October, Toyota is offering certified pre-owned versions of the fuel-efficient Camry Hybrid with 1.9 percent interest for up to 60 months — a great deal on a used model.
Volvo’s certified pre-owned program is among the very best, as it offers 7 years or 100,000 miles of comprehensive coverage from the original sale date — an amazing term that’s nearly unrivaled among certified pre-owned warranty rivals. In July, Volvo is also offering a special incentive on the certified pre-owned 2015 S60 sedan. Through the end of the month, shoppers who buy a CPO 2015 S60 can get 0 percent interest for up to 24 months — a strong deal, as most automakers won’t offer 0 percent interest on their certified pre-owned models.
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, manufacturer-backed warranty — our list of July CPO deals and incentives is a great place to start your search.