If you’re looking to save even more money by buying a certified pre-owned vehicle, check out the current CPO incentives CPO Deals
If you’re looking for a new car, but your budget won’t quite allow you to get the new model you want, you might want to consider a used one. But then you might worry about the potential problems and issues that could crop up with a used car. The best compromise is a CPO — a recent model with a long, manufacturer-backed warranty for extra peace of mind over a used car. And best of all, many automakers offer CPO deals and incentives to make their CPO vehicles even more appealing. We’ve rounded up a few of the best deals and incentives offered through the end of November on some of our favorite CPO programs and vehicles.
Cadillac Escalade and SRX
The Cadillac Escalade and SRX are the brand’s two SUVs: the Escalade is the larger, V8-powered model with bold styling, while the SRX (recently redesigned to become the XT5) is the smaller crossover, designed to compete with models like the Lexus RX. Cadillac’s CPO program, meanwhile, is excellent, offering 6 years or 100,000 miles of comprehensive coverage. Right now, Cadillac is offering a strong incentive on CPO versions of its Escalade and its SRX: through the end of December, qualified shoppers can get both models with 2.9 percent interest for up to 36 months, which is an exceptional deal for used vehicles.
Ford’s certified pre-owned program offers powertrain coverage for up to 7 years or 100,000 miles from the original sale date, along with extended comprehensive coverage for even more protection. Right now, Ford’s CPO program is offered with one incentive to make it even more enticing: through the end of December, qualified shoppers can get 3.99 percent interest on all CPO Ford models for up to 60 months — a good deal for a used vehicle.
Honda’s certified pre-owned program touts two warranties: powertrain coverage that lasts for up to 7 years or 100,000 miles from the original sale date, and limited bumper-to-bumper protection that adds an additional year of warranty coverage. In November, Honda is offering its CPO cars with an extra incentive: through the end of the month, shoppers can get 1.99 percent interest for up to 36 months on certain CPO Honda models — a short loan term, but an excellent interest rate.
The Lexus certified pre-owned program is among our favorite, as it offers comprehensive coverage for up to 6 years with no mileage cap — a rarity with manufacturer warranties. Right now, Lexus has another deal to sweeten the pot on its CPO models: through the end of December, qualified shoppers can get 3.9 percent interest for up to 60 months on all CPO RX models, including the three-row RXL and the fuel-efficient RX Hybrid.
Mazda’s certified pre-owned program offers strong coverage, touting 7 years or 100,000 miles of powertrain protection in addition to an extra year of comprehensive warranty coverage. Mazda is also currently offering another great benefit to go along with its CPO program: through the end of the year, qualified shoppers can get 0.9 percent interest for up to 36 months on all CPO Mazda models — a great deal, even though it’s only available for a short term.
Nissan Altima and Rogue
The Nissan Altima and Rogue are two of the brand’s most popular cars: the Altima is a popular midsize sedan, while the Rogue is a well-well-regarded compact crossover. Meanwhile, Nissan’s CPO program offers excellent powertrain coverage, boasting a warranty that lasts for up to 7 years or 100,000 miles from the original sale date. This month, Nissan is combining the Altima and Rogue with its CPO program and is offering an excellent incentive: through the end of November, shoppers who buy a CPO Altima or Rogue can get 2.99 percent interest for up to 60 months, which is a good rate over a desirable long loan term.
Subaru’s certified pre-owned program offers 7 years or 100,000 miles of powertrain coverage from the original sale date. Through the end of November, Subaru’s CPO program also offers another benefit: a low interest rate for qualified shoppers. In November, qualified shoppers interested in financing a CPO Subaru can get interest rates as low as 1.99 percent for up to 36 months, which is an exceptionally low term for a used model.
Volkswagen’s certified pre-owned program offers varying warranty terms based on specific model lines: 2018 models get 1 year or 12,000 miles of additional warranty coverage, 2017 models get 2 years or 24,000 miles of extra coverage and models from 2016 and earlier get 2 additional years with no mileage limit. In November, Volkswagen is making its CPO program even more alluring by offering a strong incentive to qualified shoppers looking to finance a CPO model: 3.49 percent interest for up to 60 months, which is a desirable long loan term.
What it means to you: Our list of this month’s top CPO deals and special offers is a great place to find a budget-friendly car that touts excellent peace of mind.