If you’re interested in buying a new car without paying new-car money, you might want to consider a certified pre-owned (CPO) vehicle. These cars are usually a few years old, making them cheaper than brand-new models, and they come with a manufacturer-backed warranty, just like a new car. Best of all, many automakers offer special incentives and financing on their certified pre-owned cars. We’ve highlighted some of the top deals available this month.
BMW’s certified pre-owned program offers peace of mind that lasts for an excellent 6 years or 100,000 miles from the date the car was originally sold. BMW’s program also boasts a few other benefits, such as 24-hour roadside assistance and trip-interruption protection. In March, there’s yet another reason to choose BMW over rival programs. The automaker is offering 0.9 percent interest for qualified buyers on nearly all 2011, 2012 and 2013 models. There’s even an available free payment for certain models, including the 2011 3 Series and the 2012 528i.
Ford’s certified pre-owned program offers an impressive 12-month or 12,000-mile bumper-to-bumper warranty, along with a 7-year or 100,000-total-mile powertrain plan. Ford’s warranty also boasts 24-hour roadside assistance, a free Carfax vehicle-history report and a 172-point inspection. Best of all, Ford’s certified pre-owned warranty is available through the end of the month with an impressive incentive for qualified shoppers looking to finance their next car: 0.9 percent interest for up to 36 months. That’s not bad for a pre-owned vehicle.
The General Motors certified pre-owned warranty offers two major benefits. The first is a bumper-to-bumper plan that covers each car for up to a year or 12,000 miles from the date of sale. Additionally, the automaker offers a comprehensive powertrain warranty that covers each car for 5 years or 100,000 total vehicle miles. This month, GM gives shoppers another reason to consider its warranty plan: 0 percent interest on certified pre-owned examples of the Chevrolet Cruze, Buick LaCrosse and GMC Terrain, three of GM’s most popular new models.
The Mercedes-Benz certified pre-owned program is unique in that it offers unlimited-mileage warranty coverage, though only for a year. The warranty is also fully transferable and includes a complimentary loaner car, trip-interruption service and more. Most importantly, the Mercedes-Benz program is offering some impressive incentives in March to qualified shoppers looking to finance their next car. Through the end of the month, Mercedes is offering 0.99 percent interest for up to 36 months on most certified pre-owned Mercedes models. The deal includes up to two payments for free.
Subaru’s certified pre-owned warranty offers a 7-year or 100,000-mile powertrain plan that’s based on the car’s original date of sale. The plan also touts no-deductible, free roadside assistance and a complimentary Carfax report on any model. If that isn’t enough to convince you to check out a certified pre-owned Subaru, consider this: In March, the automaker is offering 0.99 percent interest to qualified shoppers on all of its CPO models. In some cases, that’s a better incentive than Subaru is offering to drivers interested in a new car.