Tuesday, March 20, 2007

Are certified pre-owned cars worth the extra money?

In the market for a used automobile? If you answered yes, then you must have heard of certified pre-owned or CPO cars. These are cars that have undergone a thorough inspection, have some sort of an extended warranty attached to them, and may cost anywhere from a few hundred to a couple thousand more than the same car without a CPO badge. So the question naturally becomes, are they worth the extra money? The answer is, it depends. Bankrate.com tries to help you in making the decision whether you should spend the extra money or not.



Before you buy CPO ...

1. Read the fine print.
2. Get manufacturer's backing.
3. Compare CPO programs.
4. Research prices and dealers.
5. Negotiate.
6. Check the car inside and out.


Details here.

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