Certified Pre-Owned Auto Dealerships Albert Lea MN

Is it really worth the extra $750 to $2,500 over the sticker price of a run-of-the-mill used car , though? After all, you’re buying used because you don’t want to spend the money on a brand-new ride. Why dish out the extra dough?

Steves Auto Body and Sales
(320) 354-2036
17508 Highway 71 Northeast
New London, MN
Services
Truck Auto Body,Used Truck Dealers

Wholesale Auto and Glass Inc
(507) 354-7553
2400 S Broadway Street
New Ulm, MN
Services
Auto Glass Repair,SUV Repair,Used Car Dealers

Clusiau Sales and Rental Inc
(218) 326-9421
815 NW 4th St
Grand Rapids, MN
Services
Fuel Injection Repair,Radiator Repair,Truck Dealers,Used Car Dealers,Auto Dealers

Auto Techs of Rochester
(507) 282-4499
1650 S Broadway
Rochester, MN
Services
Brake Repair,SUV Repair,Used Car Dealers

Mills GM
(218) 829-3504
14138 Dellwood Drive
Baxter, MN
Services
Radiator Repair,Tune up Repair,Truck Dealers,Used Car Dealers,Auto Dealers

Imgrund Motors
(218) 824-5800
8337 State Highway 210 West
Baxter, MN
Services
Car Detailing,Interior Cleaning,Interior Repair,Used Car Dealers

Midwest Auto Body and Sales
(320) 354-4977
19910 Highway 23 Northeast
New London, MN
Services
Truck Auto Body,Used Car Dealers

Mills Motor Inc
(218) 825-3536
14858 Dellwood Drive
Baxter, MN
Services
Clutch Repair,Radiator Repair,Tune up Repair,Truck Dealers,Used Car Dealers,Auto Dealers

Scotts Body Shop Mapleton Inc
(507) 524-4766
407 Central Avenue North
Mapleton, MN
Services
Alignment Repair,Engine Repair,Van Dealers,Used Truck Dealers

Dick Olson Motors Inc
(507) 642-8888
84601 Olson Avenue
Madelia, MN
Services
SUV Repair,Truck Service Station,Van Dealers,Used Truck Dealers,Auto Dealers

Certified Pre-Owned: What's It Worth to You?

Certified Pre-Owned: What's It Worth To You? By Zach Bowman, DriverSide Contributing Editor 


Picking up a certified pre-owned, or CPO , car can take much of the worry out of buying a used car and save you some serious cash. At least that’s what the smiling salesperson at the dealership tells you. Is it really worth the extra $750 to $2,500 over the sticker price of a run-of-the-mill used car , though? After all, you’re buying used because you don’t want to spend the money on a brand-new ride. Why dish out the extra dough? 
 

As it turns out, certified pre-owned is well worth the initial investment, no matter what kind of car you’re buying. According to James Bell, editor and publisher of Intellichoice , you may pay a little more in the beginning, but cost savings in the form of vehicle repair and a small nudge in the resale department help to offset those costs. Plus there’s the added benefit of peace of mind, and that’s hard to put a price on. 
 
Bell says that economy car buyers can expect to pay somewhere between $750 -1,500 more for a certified pre-owned vehicle versus a similar, non-certified car. Luxury buyers, on the other hand, can expect to shell out a little more when it comes time to buy. If you’re in the market for something with a little more prestige, get ready to hand over $1,500-2,700 over the cost of a comparable used vehicle. 
 
The difference is in the quality of the product.
 
“It varies a little from program to program, but usually certified pre-owned cars are no more than four or five years old with 60-70,000 miles on them,” Bell said.
 
They also haven’t had any significant damage or repairs in their history and have been subjected to an intense inspection process with over 100 specific points. Manufacturers are so certain their CPO cars are worth what they’re asking, companies offer extended warranties for the vehicles, much like a brand new car would receive. It’s that warranty that makes the whole process worth it. If you buy a used car from your neighbor down the street and three months later the transmission falls out on your driveway, odds are you’re going to be stuck with the bill. That’s not the case with a certified car, as most extended warranties cover significant drivetrain failure.
 
Of course, there are other benefits to buying a certified pre-owned car. The biggest of these is the fact that the car you’re buying has already gone through a significant amount of its depreciation. Most sources say a new car loses 20 to 40 percent of its value in the first two years of being off the lot. That’s no small chunk of change, but it means that waiting around a few years for the car you’re after could save you on average $12,000 on what was a $40,000 car. Talk about a smart move.
 
Manufacturers have also made it easier to get financing for a certif...

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