More Value for Less
Many certified pre-owned vehicles have experienced the effects of depreciation, allowing customers to purchase like-new vehicles for much less than their new equivalents. A new vehicle begins to depreciate as soon as a driver takes ownership of the vehicle. Most of the depreciation that a new vehicle experiences happens when the vehicle is new. Vehicles experience most of their depreciation by the time that they are two to three years old. Certified pre-owned vehicles, as a part of their requirement to be accepted into certified pre-owned programs, are newer vehicles, not much older than a few years. Therefore, certified pre-owned vehicles are usually equipped with the latest technologies and features.
Certified pre-owned vehicles need to go through an in-depth inspection process
to be considered for certified pre-owned programs. Known as a multi-point inspection, the inspection that is performed on a certified pre-owned vehicle is carried out by multiple skilled technicians at a dealership. During the multi-point inspection, a technician checks nearly every system and component of a vehicle. The list of areas that a multi-point inspection needs to cover can have as many as 200 items, ensuring that customers are receiving quality vehicles. The history of the vehicle is also evaluated before it is classified as a certified pre-owned vehicle. Vehicles that have been involved in accidents or have accidents on their vehicle history reports are usually not considered as certified pre-owned vehicles.
The used car market offers a larger variety of vehicles to customers than the new car market. Manufacturers release vehicles according to sets of certain standards. However, over time, these standards can change, and a manufacturer may discontinue a vehicle that was popular with their customers or unique in their lineup. You may find vehicles in rare colors or limited editions in an inventory of certified pre-owned vehicles. The possibilities are nearly endless.
There are a variety of warranties that are offered for certified pre-owned vehicles. Most certified pre-owned vehicles are covered with manufacturer-backed warranties that will allow you to have the vehicle serviced by any of the manufacturer's service centers. However, some certified pre-owned vehicles are only covered by dealership warranties, meaning that you will only be able to have the vehicle serviced under warranty at the service center of that specific dealership. Some certified pre-owned vehicles are only sold with warranties for specific components on the vehicles, such as powertrain warranties. Make sure to ask for more information about the warranty that your certified pre-owned vehicle may include so that you understand the services that you can expect.
As opposed to new vehicles and used vehicles, some dealerships offer return policies for their certified pre-owned vehicles, allowing customers to return their vehicles if they are unsatisfied. These policies, however, specify the amount of time that a customer can own the vehicle for and the number of miles that the driver can travel with the vehicle. Additionally, the policies typically allow customers to exchange their vehicles for other vehicles rather than outright return the vehicles that they have purchased. Return policies are not offered with every certified pre-owned vehicle, so ask for more information if you are interested in a return policy for your next certified pre-owned vehicle.
Visit Marthaler Chevrolet of Glenwood
Certified pre-owned vehicles have a variety of advantages over both new vehicles and traditional used vehicles. However, your decision to purchase a certified pre-owned vehicle will come down to what you want and need from a vehicle. If you are in the market for a light-used vehicle that is equipped with some of the newest features, then a certified pre-owned vehicle may be great for you. At Marthaler Chevrolet of Glenwood
, we have a diverse selection of vehicles for you to choose from. Visit our dealership to view our inventory or to learn more about the benefits that certified pre-owned vehicles have to offer.