What Is The Best Certified Pre Owned Car To Buy?

Are certified pre owned cars a good deal?

Dealers tout CPO cars as the better choice because of their extended warranty, near-mint condition, and savings over buying new.

But CR’s auto experts say that a regular used car can be a better value..

Which used car has the best warranty?

Best Non-Luxury CPO Programs1) Hyundai. Warranty: Remainder of the original five-year/60,000-mile bumper-to-bumper warranty and 10-year/100,000-mile powertrain warranty. … 2) Kia. Warranty: Remainder of the original 10-year/100,000-mile powertrain warranty. … 3) Honda and Mazda (tie) … 5) GM Brands (Buick, Chevrolet and GMC)

Can you negotiate certified pre owned?

Yes, you are allowed to negotiate when you’re buying a certified pre-owned car. After all, you’re paying a premium for that inspection and certification, so it just makes sense to try to negotiate the price down.

What should you not say to a car salesman?

10 Things You Should Never Say to a Car Salesman“I really love this car” You can love that car — just don’t tell the salesman. … “I don’t know that much about cars” … “My trade-in is outside” … “I don’t want to get taken to the cleaners” … “My credit isn’t that good” … “I’m paying cash” … “I need to buy a car today” … “I need a monthly payment under $350”More items…•

How much can you talk down a used car?

If you’ve discovered that the used TMV for that car is actually $12,000 (dealer retail), you can start by offering a bit under TMV: say, $11,700. Don’t worry if the salesman acts insulted; it’s just part of the negotiation process. Starting lower leaves you some wiggle room to negotiate.

What does 5 year 60000 mile warranty mean?

Most of us know the new-car basic warranty, often referred to as the “bumper-to-bumper warranty,” is designed to protect the owner against any factory defects during the first few years of ownership. … You’ll only get a five-year, 60,000-mile warranty dating from when the vehicle was first sold.

What is the slowest month for car sales?

JanuaryJanuary and February are the slowest months for car sales, since consumer spending usually drops off after the Christmas holidays.

Is it worth buying a certified car?

However, where certified cars are often worth it is with used luxury models. … The general rule of thumb is that for mainstream models that have a good reputation for reliability, the CPO isn’t worth spending more money on, but if you can get the extra coverage without any additional cost that is probably the car to buy.

What is the difference between certified and used car?

What’s the difference between certified pre-owned and used cars? A CPO car comes with a complete inspection that repairs any damaged or worn parts before being offered for sale. … A used car usually only offers the remainder of the factory warranty and only if it’s still in effect and fully transferable.

How many miles is too much for a used car?

How many miles are too many? Really, it depends on a lot of factors but, if in doubt, shoot for the 12,000-mile/year average. Even so, don’t be afraid of cars that are outside of this range, provided the used car in question has been well maintained and there are records to show that.

What cars last the longest?

The longest-lasting cars and percentage of vehicles exceeding 200,000 miles are:Toyota Avalon, 2.5 percent.Honda Accord, 1.9 percent.Toyota Prius, 1.7 percent.Chevrolet Impala, 1.7 percent.Ford Taurus, 1.6 percent.Toyota Camry, 1.4 percent.Toyota Camry Hybrid, 1.2 percent.Honda Civic, 1.2 percent.

What is the best time to buy certified pre owned car?

10 Best Times to Buy a Used Car1) Before You Need One. … 2) Around Certain Holidays. … 3) Toward the End of the Month, Quarter, or Year. … 4) On Good Weather Days. … 5) During the Off-Season. … 6) When There Are Deals. … 7) Winter: Yes – Spring: Not so much. … 8) Around Your City’s Auto Show.More items…•

What are the best used cars to buy in 2020?

The Best Used Cars You Can Buy for 2020 of 10. Best Used SUV: Toyota 4Runner. … of 10. Best Used Passenger Car: Honda Civic. … of 10. Best Used Pickup Truck: Toyota Tacoma. … of 10. Best Used Minivan: Toyota Sienna. … of 10. Best Used Sports Car: Ford Mustang. … of 10. Best Used Hybrid: Toyota Prius. … of 10. Best Used Electric Vehicle: Tesla Model S. … of 10.More items…•

What is the best month to buy a car?

Shop late in the year and late in the month The months of October, November and December are the best time of year to buy a car. Car dealerships have sales quotas, which typically break down into yearly, quarterly and monthly sales goals.

How much will a dealership come down on price on a new car?

A new car will depreciate about 10% the moment it leaves the lot and another 20% within its first year. After three years, the average car is worth about 60% of what it was when new.

How do you haggle with a car dealer?

12 tips for haggling down a car’s priceKnow the desired model’s list price. … Decide what specification you need and stick to it. … Use mileage as a leverage. … Email dealerships for new prices. … Understand your old car’s value if part-exchanging. … Note down what other local dealerships are offering.More items…•

What are the 10 best cars to buy?

The 10 Best Cars to Buy Right Now2020 Chrysler Pacifica: $34,045 | U.S. News Score: 8.1/10.2020 Chevrolet Traverse: $29,800 | U.S. News Score: 8.0/10.2020 Toyota Camry: $24,425 | U.S. News Score: 8.5/10.2020 Lexus ES: $39,900 | U.S. News Score: 8.1/10.2020 Honda Accord: $24,020 | U.S. News Score: 8.3/10.More items…•