Putting a Down Payment on a Car: Everything You Need to Know

Congratulations! You’ve put in the legwork, found a car that checks all the boxes, and settled on a good price. All those items are a task and a half—but there’s still one more topic that needs to be addressed: the down payment.

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Should You Buy a Certified Pre-Owned Car?

Updated August 2019

Certified Pre-Owned or CPO cars might look expensive compared to other used cars, but there’s a reason for that; they’re inspected and checked to ensure that it’s a quality car. But if you’re looking to buy a new car, a CPO car will look like a bargain.

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CPO Programs Explained

Buying a used car can raise some reliability concerns. How do you know how the last owner(s) treated the car? Sure you might have a car-fax or pre-purchase inspection, but that doesn’t cover everything.

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Certified Pre Owned Programs Compared - Listed by Manufacturer

Here’s a list of all the certified pre-owned programs that exist, listed alphabetically by car brand. You’ll see that automakers have different ideas on how many items should be covered in an inspection as well as how old and how many miles a car must have in order to be considered certified. Age and distance also vary when it comes to warranty coverage, and how much you should pay for items covered under warranty.

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What is a Certified Pre-Owned Car and What Types of CPO Cars Are There?

A Certified Pre Owned car might sound like the smart buy for you, but be careful, that term has several meanings. Some cars are only dealer certified, while others are covered by the manufacturer. There are advantages and disadvantages to each kind of CPO offer, so let’s break it down to help you buy your new used car.

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