If your budget won’t allow for the brand-new car you want — but you’re worried about potential reliability problems with a used model — you might want to consider a vehicle with a certified pre-owned warranty. That’s because CPO cars and trucks are often lightly used — and they tout a long factory-backed warranty for greater peace of mind over a typical used car. Even better, some automakers offer CPO deals and special offers to entice shoppers toward a certified pre-owned vehicle. To show you what we mean, we’ve rounded up some of the best incentives available in October from a few of our favorite certified pre-owned programs.
Audi’s certified pre-owned program offers excellent warranty coverage, touting comprehensive protection for up to six years or 100,000 miles from the original sale date. That’s among the best in the business, and it offers excellent peace of mind to shoppers who might otherwise be concerned about buying a technologically advanced used car like an Audi. In October, Audi is sweetening the pot with another offer: Through the end of the month, qualified shoppers can get 0.9 percent interest for up to 24 months on all certified pre-owned 2014-2016 Audi models.
BMW’s certified pre-owned program changed at the beginning of this month to offer new warranty coverage. It now touts one year of comprehensive coverage with no mileage limit at the conclusion of the original 4-year or 50,000-mile warranty that’s included on all new BMW models — and drivers can purchase additional years of coverage if they like. The program is made even more alluring in October with the addition of a new special offer. That deal gives qualified shoppers 0.9 percent interest for up to 24 months on all certified pre-owned 2014 and 2015 BMW models — a good deal with an impressively low interest rate, even if it is over a short term.
Chevrolet’s certified pre-owned program offers two warranties. One touts powertrain coverage for up to six years or 100,000 miles from the original sale date, giving you peace of mind about the major items — like the engine and transmission — that could prove costly. The other offers bumper-to-bumper coverage for one year or 12,000 miles from the day you buy the car (or on top of the original warranty). Now, Chevy’s CPO warranty is even more appealing if you’re a qualified shopper who’s interested in a certified pre-owned Cruze, Equinox, Malibu, Silverado or Traverse, as the automaker is offering 1.9 percent interest for up to 36 months on any of those models.
GMC’s certified pre-owned program is largely the same as Chevrolet’s, which means that it offers two warranties: one that boasts six years or 100,000 miles of powertrain protection from the original sale date, and another that offers bumper-to-bumper coverage for up to one year or 12,000 miles from the day you buy your car. In October, GMC’s CPO program is even more appealing, as it gives qualified shoppers the chance to get 1.9 percent interest for up to 36 months on three models: the Acadia and Terrain SUVs and the Sierra pickup. That’s a good deal — especially on a used vehicle.
Honda’s certified pre-owned program offers two warranties. The most important is the powertrain warranty, which covers Honda models for up to seven years or 100,000 miles from the original sale date — good for shoppers interested in making sure they have a warranty for major items like the engine and transmission. Honda’s CPO program also offers a bumper-to-bumper warranty that offers one year or 12,000 miles of coverage from the date of purchase. This month, Honda’s CPO program also offers another benefit: a strong incentive that touts 0.9 percent interest for up to 36 months for all Honda certified pre-owned models — a rare deal from the brand.
The Mercedes-Benz C-Class is a luxurious sedan that now occupies a middle spot in the Mercedes-Benz lineup with the addition of the smaller new CLA. The Mercedes-Benz certified pre-owned program, meanwhile, isn’t among our favorites — it offers just one year of coverage — but drivers can extend it to three years of unlimited-mile protection for a fee, which is appealing. In October, shoppers interested in a certified pre-owned C-Class can get a good deal: Mercedes-Benz is offering 3.49 percent interest for up to 36 months on all certified pre-owned 2014-2016 C-Class models, which is a good deal on a used vehicle.
Nissan’s certified pre-owned warranty doesn’t offer any additional comprehensive (or “bumper-to-bumper”) coverage beyond the original factory warranty. But it does boast extra powertrain coverage, touting seven years or 100,000 miles of powertrain protection from the original sale date. In October, Nissan’s CPO program is also offering two strong incentives designed to entice shoppers looking for a car. The best deal is for qualified shoppers looking to finance a car, as Nissan is offering 1.95 percent interest on all CPO models for up to 36 months, or 3.99 percent for up to 72 months. But shoppers looking for cash back can also get a good deal, as Nissan is offering up to $450 cash back on certain models — an unusual deal for a CPO program.
What it means to you: If you’re interested in a great price on a lightly used, budget-friendly car with the peace of mind that comes with a long warranty, our list of CPO deals and incentives is a great place to start your search.