What is the Difference Between Used & Certified Pre-Owned?

Wondering, “What’s the difference between used and certified pre-owned?” You’re not the first or only driver to ask that question. There are important distinctions between both. The experts at Victory Toyota of Midtown are happy to answer your questions about used cars so that you can make a purchase decision that’s right for you. Read on to learn more about CPO vs. used cars and decide which option makes more sense for you.
Used Car Buying: What You Need to Know
Used cars have been owned previously, and vary considerably in make, model, year, mileage, and more. Because of these variances and the fact that they’ve had previous owners, they’re more affordable than new and CPO vehicles. Many Oak Park car shoppers will be pleased to learn that we have a selection of used models priced under $20k, giving drivers plenty of budget-friendly options.
Another area where used cars vary is mileage. Although it may seem like a used car with 100,000 miles is a risk you shouldn’t take, the truth is many vehicles can last for hundreds of thousands of miles with regular (documented) service. In any case, when you’re shopping for a new-to-you car, keep the following in mind:
- Although OEMs don’t require standard used cars to be inspected before sale, Victory Toyota of Midtown wants to make sure our customers get the highest value for their dollar. We hand-pick our used models. That being said, you should navigate a private sale with extra caution. Private sellers don’t have the reputation of a well-established dealership.
- You should discuss any vehicle issues you notice with either the dealership or the private seller. If you plan to purchase the car despite it having a few problems, that’s OK — just make sure to budget some extra money for the necessary repairs.
- With proper care and maintenance, some vehicles can last upwards of 200,000 miles. High-mileage used cars aren’t always bad options, especially if you’re on a strict budget.
CPO vs. Used: What You Need to Know
Certified pre-owned (CPO) vehicles have had previous owners, but they aren’t the standard used cars you see on used car lots. They’re thoroughly inspected pre-owned vehicles that are backed by manufacturer warranties and have passed a rigorous inspection completed by a certified technician. They’re a gold standard of used cars and only models that meet the OEM’s CPO program standards earn the title. For example, the requirements for a Toyota CPO model include the following:
- The model year is within five years of the current model year
- Generally less than 80,000 miles, sometimes up to 100,000 miles
- A multi-point inspection
- Offered with extended warranties and/or limited powertrain warranties
Certified used cars are usually newer models with less mileage. They typically come at a higher price than used cars but are still more affordable than a new car. If you’re looking for more updated features for your Oak Park commutes, then you might want to buy a certified pre-owned vehicle.
Shop for Pre-Owned Vehicles at Victory Toyota of Midtown
Now that we’ve answered, “What is the difference between used and certified pre-owned?”, it’s time to explore our CPO vs. used vehicles for sale, then schedule a visit to our showroom, not far from Elmwood Park, for some test drives.
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