Many car producers provide a licensed pre-owned (CPO) car program that features an inspection course of and a specialised CPO guarantee. However which producer has the perfect CPO guarantee? This text compares CPO guarantee packages from most main producers and explains the benefits and downsides of shopping for a CPO automotive.
Our evaluate crew has carried out intensive analysis into the prolonged auto guarantee business. Along with producer warranties, CPO warranties, and producer’s prolonged warranties, we’ve reviewed many third-party car service contract suppliers. You may get free quotes from the business’s main guarantee suppliers under.
On this article:
What Does Licensed Pre-Owned Imply?
A licensed pre-owned car is a used automotive bought by the producer that meets sure high quality management requirements. Every producer has a special course of for certifying autos, however frequent amongst most CPO vehicles are the next:
- The car is lower than 6 years outdated and has fewer than 80,000 miles. The precise numbers differ, however most producers have this or stricter necessities.
- The car has handed a quality-control inspection the place any defective or broken elements had been repaired or changed.
- The car is backed by a CPO guarantee that features the rest of the brand new automotive manufacturing facility guarantee, an extension of the brand new automotive manufacturing facility guarantee, or each.
- The car has a clear car historical past report, which is supplied to the shopper.
Whereas drivers could find yourself paying extra for an authorized pre-owned car than a used automotive, CPO vehicles include a stronger assure that there will probably be no mechanical points.
Finest CPO Guarantee Packages
A CPO guarantee will be seen because the producer’s assure that there aren’t any defects in your CPO car. These warranties promise to exchange or restore any faulty elements freed from cost.
Most CPO warranties provide the identical or related protection. The very best CPO guarantee plans separate powertrain and bumper-to-bumper CPO warranties, whereas others bundle each collectively. As a result of most CPO bumper-to-bumper warranties cowl the identical elements, one strategy to distinguish between the worst and finest CPO guarantee packages is by size. The next car producers provide the perfect CPO guarantee packages primarily based on size and depth of protection.
Mitsubishi has one of many finest new automotive guarantee packages, and this protection extends to CPO autos. The Mitsubishi CPO guarantee covers powertrain elements for 10 years/100,000 miles and all different elements for five years/60,000 miles from the in-service date.
In the event you purchase an older Mitsubishi, there could also be little guarantee protection remaining. Even so, the Mitsubishi CPO guarantee is more likely to be the longest safety you could find. It additionally doesn’t embrace a deductible, which some CPO warranties do.
Like Mitsubishi, Hyundai has one of many longest new car warranties. This guarantee safety can also be prolonged to CPO Hyundai vehicles. The Hyundai CPO guarantee is much like the Mitsubishi CPO guarantee in that it covers powertrain elements for 10 years/100,000 miles and all different elements for five years/60,000 miles from the in-service date. The Hyundai CPO guarantee, nonetheless, comes with a $50 deductible.
The Kia CPO guarantee covers powertrain elements for 10 years/100,000 miles from the in-service date. Different elements are protected for 1 yr or 12,000 miles from the automotive buy date.
Relying on the age of the CPO car, this may very well be a greater deal than the Hyundai guarantee, which solely covers powertrain elements beginning on the in-service date. The Kia guarantee additionally features a $50 deductible.
Many CPO warranties enhance the rest of the brand new car restricted guarantee by one yr, however the Lexus CPO guarantee gives bumper-to-bumper protection for 2 years after the acquisition date (or six years from the in-service date, whichever happens later). The Lexus CPO program additionally contains two complimentary upkeep visits, which is a uncommon perk. It’s the perfect CPO guarantee amongst luxurious manufacturers.
Land Rover gives a powerful CPO guarantee time period of seven years/100,000 miles of bumper-to-bumper protection from the car’s in-service date. Most CPO warranties provide 5 or fewer years of bumper-to-bumper protection.
CPO Guarantee Comparability
Mitsubishi, Hyundai, Kia, Lexus, and Land Rover have the perfect CPO warranties within the business, however many different automakers provide lengthy phrases and beneficiant perks. Right here’s a take a look at the highest 30 producers and their guarantee phrases for pre-owned autos.
| Producer | CPO Guarantee Protection | Deductible | Extras |
|---|---|---|---|
| Mitsubishi | Powertrain: 10 years or 100,000 miles from in-service date Bumper-to-bumper: 5 years or 60,000 miles from in-service date | None | Roadside help |
| Hyundai | Powertrain: 10 years or 100,000 miles from in-service date Bumper-to-bumper: 5 years or 60,000 miles from in-service date | $50 | Roadside help, rental automotive reimbursement, journey interruption protection |
| Kia | Powertrain: 10 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | $50 | Roadside help, rental automotive reimbursement, journey interruption protection |
| Lexus | Bumper-to-bumper: 6 years from in-service date or 2 years after buy date, whichever happens later, no matter mileage | None | Roadside help, journey interruption protection, loaner automotive, complimentary upkeep |
| Land Rover | Bumper-to-bumper: 7 years or 100,000 miles from in-service date | None | Roadside help, journey interruption protection |
| Jaguar | Bumper-to-bumper: 7 years or 100,000 miles from in-service date | None | Roadside help |
| Acura | Bumper-to-bumper: 6 years or 100,000 miles from in-service date | None | Complimentary upkeep, roadside help, concierge service |
| Honda | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | None | Roadside help |
| Mazda | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | None | Roadside help |
| Toyota | Powertrain: 7 years or 100,00 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | $50 | Roadside help |
| Ford | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | $100 | Roadside help |
| Porsche | Bumper-to-bumper: 6 years after in-service date or 2 years after buy date, whichever happens later | None | Roadside help |
| Mini | Bumper-to-bumper: 6 years from in-service date | None | Roadside help |
| Buick | Powertrain: 6 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles after new automotive guarantee expires (4 years/50,000 miles) | None | Roadside help, complimentary upkeep |
| Chevrolet | Powertrain: 6 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | None | Roadside help, complimentary upkeep |
| GMC | Powertrain: 6 years or 100,000 miles from in-service date Bumper-to-bumper: 1 yr or 12,000 miles from buy date | None | Roadside help |
| Lincoln | Bumper-to-bumper: 6 years or 100,000 miles from in-service date | $100 | Roadside help, loaner automotive, complimentary automotive wash |
| Audi | Bumper-to-bumper: 5 years from in-service date or 1 yr from buy date, whichever happens later | $85 | Roadside help |
| BMW | Bumper-to-bumper: 5 years from in-service date or 1 yr from buy date, whichever happens first | None | Roadside help, loaner automotive |
| Mercedes-Benz | Bumper-to-bumper: 5 years from in-service date or 1 yr from buy date, whichever happens first | None | Roadside help |
| Cadillac | Bumper-to-bumper: 1 yr after new automotive guarantee expires (4 years/50,000 miles) | None | Roadside help |
| Volkswagen | Bumper-to-bumper: 5 years/62,000 miles from in-service date or 1 yr/12,000 miles from buy date, whichever happens later | $50 | Roadside help |
| Volvo | Bumper-to-bumper: 5 years from in-service date | None | Roadside help |
| Tesla | Bumper-to-bumper: 4 years or 50,000 miles from in-service date | None | Roadside help, free supercharging |
| Chrysler | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 3 months or 3,000 miles from buy date | Varies | Roadside help, rental automotive reimbursement |
| Dodge | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 3 months or 3,000 miles from buy date | Varies | Roadside help, rental automotive reimbursement |
| Jeep | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 3 months or 3,000 miles from buy date | Varies | Roadside help, rental automotive reimbursement |
| Ram | Powertrain: 7 years or 100,000 miles from in-service date Bumper-to-bumper: 3 months or 3,000 miles from buy date | Varies | Roadside help, rental automotive reimbursement |
| Subaru | Powertrain: 7 years or 100,000 miles from in-service date | None | Roadside help, $500 proprietor loyalty coupon |
| Nissan | Powertrain: 7 years or 100,000 miles from in-service date | $50 | Roadside help |
Ought to You Purchase A CPO Automobile?
Shopping for a CPO car is normally a secure guess. CPO autos are totally inspected by producers and all the time embrace some quantity of guarantee protection. When searching for a CPO automotive, take into account how lengthy you propose to personal the car. In the event you hope to maintain your automotive for a few years, shopping for new would be the higher choice.
In fact, this will depend on the worth you’ll be able to discover. In lots of circumstances, CPO vehicles are bought at a substantial markdown from newer autos, and a few CPO vehicles are lower than one yr outdated. Fastidiously take into account value, age, and CPO guarantee protection earlier than making a call.
Like with any used automotive, the perfect strategy to take is to deal with every CPO car on a case-by-case foundation. A CPO car is extra more likely to be in higher form than a standard used automotive, however this isn’t a assure.
High Suggestions For Prolonged Automotive Warranties
It’s usually a good suggestion to keep up guarantee protection for used autos. Even the perfect CPO guarantee will expire sooner or later. That’s when it may be a good suggestion to look into prolonged automotive guarantee protection. Two corporations that our evaluate crew extremely recommends are CARCHEX and Endurance.
We rated Endurance as providing the perfect protection due to its long run limits, intensive contract choices, and complete advantages. Endurance gives six contracts that vary from exclusionary bumper-to-bumper warranties to powertrain protection designed for high-mileage autos. Some contracts additionally embrace upkeep protection for routine providers like oil adjustments.
In our Endurance guarantee evaluate, we discovered that many Endurance prospects are impressed by the corporate’s customer support and admire the peace of thoughts that Endurance gives. Different Endurance highlights embrace:
- Accessible in each state besides California
- Contract phrases as much as 8 years or 200,000 miles
- All contracts embrace roadside help, rental automotive reimbursement, journey interruption allowance, and a 1-year Endurance Elite Membership
- Deductible choices of $0, $50, $100, or $200
- 30-day money-back assure
- Pattern contracts obtainable on-line
You may get a free Endurance quote to see how a lot protection would price in your car by clicking under.
CARCHEX did exceptionally properly in our business evaluate. The supplier scored extremely in all of our evaluate classes, together with business standing, protection choices, price, transparency, and customer support. Total, we charge CARCHEX 4.5 out of 5.0 stars, and we aren’t the one ones to reward CARCHEX service.
The supplier is accredited and holds an A+ ranking from the Higher Enterprise Bureau (BBB). It has additionally been endorsed by business leaders comparable to Kelley Blue E-book, Edmunds.com, and CARFAX. Different CARCHEX highlights embrace:
- Covers autos as much as 20 years outdated
- Contract phrases as much as 10 years or 250,000 miles
- All contracts embrace roadside help, rental automotive reimbursement, and journey interruption protection
- Deductible choices of $0, $50, $100, or $200
- 30-day money-back assure
- Pattern contracts obtainable on-line
Learn our CARCHEX evaluate for extra data, and click on under to get a free quote.
