Featured Certified Pre-Owned Vehicles Growing

what is the warranty? i would like to see one year on everything. 'some offer 2 year extension on existing warranty'.
there are too many variables by dealer/mfg., but i think it could be a good value if done correctly.
'factory trained mechanics inspect the car and recondition it'. more likely they wash and wax it, give it a quick look see, and fix anything obvious. ymmv.

 

The last two vehicles I purchased I had the "luxury" of purchasing new.
I'm pretty sure the next vehicle I may purchase will be a "newer" used vehicle.

I think with the tools available now, Carfax, records checks..etc...the risk with a used vehicle can be minimized, and the amount of new car depreciation is ridiculous.

In just 3 years, I could buy the Prius I bought new, for about 1/2 the cost.
I'm happy with my Prius, and enjoy the benefits of being it's first and so far only owner, but I don't think I'm paying that premium again in the future.

 

the thing i like about new is car treatment. my 4 year old, 40,000 mile prius gets treated with kid gloves. the last two have been passed down to family members. now that's 'certified'. yes, it comes with the cost of huge depreciation.
now that i'm retired, i maybe keeping this one a bit longer, but at least it's practically showroom new.

something can be done to mitigate new car cost by the savvy buyer, especially for those with patience.

there is definitely a place for cpo if done correctly, but let's not forget the best part of buying a used prius right now is gas prices.

 

There surely is a LOT nice about owning a new vehicle.
But the way I look at it, I take such good care of my vehicle anyway, PLUS I usually drive less than the average amount of miles per year, I can buy a slightly higher mileage vehicle and gain some value, as I reduce the average total number of miles driven per year as long as I own it.

Right now, I'm a not looking at anything. Still enjoying my Prius. And when I say "Newer Used" I'm thinking 4 years old or less. But I think my next gambit...will be in the used vehicle market.

 

agreed, a 4 year old car in good shape should last a long time with no major repairs. unfortunately, from time to time, we see them with problems. hopefully, cpo would help reduce/eliminate that. but i don't think it's any better than the warranty, like buying a rebuilt battery.

 

We did one on a 2013 Camry Hybrid XLE. about 50k miles, fantastic shape. Forget the warranty, but very good. In addition, the certified leases come with 15k miles per year, more than we needed. In three years, we'll probably get a newer one depending on what's out then.