Purchasing a vehicle can feel confusing as you sift through financing information, insurance, and vehicle specs. However, if you’re looking to buy a pre-owned model, the process can seem even more complicated, especially thanks to the presence of both certified pre-owned (CPO) and used vehicles. Here at Copeland Chevrolet, we have assembled this helpful guide of frequently asked questions so that you can more easily understand the used and CPO markets.
Q: What’s the difference between a used and CPO vehicle?
A: A used vehicle is simply one that was previously owned but has reentered the market for sale. Meanwhile, a certified pre-owned, or CPO, vehicle is a used model that has been inspected and guaranteed for quality by an automaker, such as GM.
Q: How do I know if a model is used or CPO?
A: All CPO models will include a sign or sticker designating that it is a certified pre-owned model.
Q: What qualifies a vehicle to be a CPO model?
A: Each automaker has its own set of criteria for what qualifies a vehicle to be certified pre-owned. However, most have similar guidelines, including a multi-point inspection process, a complete vehicle history guide, and a certain mileage limit.
Q: Do dealerships sell both CPO and used models?
A: Yes. Most dealerships will only sell CPO models of the automaker that they are associated with. Meanwhile, if they have used models from other automakers in their inventory, these vehicles will most likely be offered without a CPO title.
Q: Are used models less reliable than CPO models?
A: While used models don’t have to meet the same restrictions that CPO models do, that doesn’t make them inherently unreliable. The truth is that the days of dealerships selling less-than-desirable used models are long gone, with dealerships making sure that each vehicle in its used inventory meets certain guidelines before selling it, whether that vehicle is certified or not.
If you have any other questions about buying a used or CPO model, come speak with our staff of experts at Copeland Chevrolet.