zzdcar
Home
/
Reviews
/
Buying
/
Here Are the Best And Worst Certified Pre-Owned Deals Right Now
Here Are the Best And Worst Certified Pre-Owned Deals Right Now-July 2024
2024-02-19 EST 22:09:47

When car shopping, you’re bombarded with choices. Like choosing between buying new or used. If buying used, how used? Is something that’s worth looking into? This might make the decision a little easier for you.

One of the benefits of buying a new car is that it comes with warranty and a clean vehicle history. Problem is, new cars are more expensive than used cars. That’s why buyers sometimes look for CPO cars. These are more gently used cars that have gone through rigorous manufacturer inspection and usually come with a longer warranty and other incentives at a premium.

Yes, CPO cars are more expensive than their equivalent non-CPO cars, but maybe you’ll decide that the benefits outweigh the cost. iSeeCars analyzed over a million used cars from the 2015 model year to find out the CPO premium: how costs between CPO cars and their non-CPO used equivalents differ.

On average, according to the company, CPO cars cost 3.6 percent more than the non-CPO ones. Of course, that’s just the average. Actual costs can be higher or lower.

Hold on tight, I’m about to hit you with a bunch of charts:

These are the 10 cars with the lowest CPO premiums. Lowest overall was the Jeep Wrangler Unlimited, which works out to an average of $523 over a non-CPO car. Jeep, according to iSeeCars, offers a program that gives buyers the remainder of the original powertrain and extended warranties, plus a comprehensive three-month or 3,000-mile warranty that starts when the CPO car is purchased or after the Basic New Warranty expires.

Next up are the cars with the highest CPO premiums. Coming in at the top is a Lexus IS250 with a 7.9 percent average premium over its non-CPO equivalent. This is because the CPO program that Lexus offers is apparently considered one of the best in the luxury segment. It offers a six-year limited comprehensive coverage with no mileage limit and four free maintenance services.

In terms of light-duty pickup trucks, the Chevy Silverado 1500 nabs the top spot with a low 1.9 percent premium.

For SUVs, iSeeCars found that the BMW X1 had the highest premium.

And for sports cars, the Chevy Corvette had the lowest premium. This is likely because a used Corvette is still rather expensive. It averages about $51,500.

You can take a look at iSeeCars’s full study . And be sure to do your research when buying cars. A little more time calling around and reading up on things could save you a few thousand dollars and headache.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
Are Those Lifetime Warranties From Dealers Any Good?
Are Those Lifetime Warranties From Dealers Any Good?
As Jalopnik’s resident car buying expert and professional car shopper, I get emails. Lots of emails. I’ve decided to pick a few questions and try to help out. This week we are discussing lifetime warranty offers, big luxury sedans under $25k, and a complex multi-car situation. I recently purchased...
Jul 5, 2026
At $4,000, Could This Supercharged 2006 Chevy Cobalt SS Prove A Super Slick Deal?
At $4,000, Could This Supercharged 2006 Chevy Cobalt SS Prove A Super Slick Deal?
Small sporty cars are few and far between these days. Ones like today’s Cobalt that really push their econobox envelopes are even rarer. Let’s see if this supercharged Super Sport comes with a price tag that could make it a far more common sight in your driveway. I think...
Jul 5, 2026
I Need Something Fun, Interesting And Reliable For Under $15,000! What Car Should I Buy?
I Need Something Fun, Interesting And Reliable For Under $15,000! What Car Should I Buy?
Jeffrey lives in Washington state and has played it pretty safe with his car purchases. He has had some solid rides but never really enjoyed any of them. It’s time to break free and get something that puts a simile on his face for under $15,000. What car should...
Jul 5, 2026
At $7,800, Is This 1976 Toyota Corona As Refreshing As Its Namesake?
At $7,800, Is This 1976 Toyota Corona As Refreshing As Its Namesake?
While most Coronas are served with a slice of lime, today’s Toyota Corona comes in lemon yellow. Let’s see how much green you might think it’s worth. On the Periodic Table, Cobalt is classified as a transition element, meaning one that bridges the span between the active metals and...
Jul 5, 2026
This 1965 Ford Mustang Fastback On A Ford Bronco Frame May Be The Most American Car Ever
This 1965 Ford Mustang Fastback On A Ford Bronco Frame May Be The Most American Car Ever
If you’re not spending your Saturday scouring , then you probably have a life. I, however, do not, and that means I get to make you look at this amazing 1965 Ford Mustang Fastback that has been grafted onto a 1973 Ford Bronco chassis. The Frankensteinian result may be...
Jul 5, 2026
At $8,750, Is This 1995 GMC Yukon SLT The Four-By-Four For You?
At $8,750, Is This 1995 GMC Yukon SLT The Four-By-Four For You?
The Yukon Gold potato is neither from the Yukon nor actually gold. It is a fitting reference however for today’s GMC, however, since it is both. Let’s see if the price on this old-school two-door 4X4 comes across as fully or only half baked. Picking the right name for...
Jul 5, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved