Large Part Of Auto Market Out For Certified Pre-Owned Vehicles
Certified pre-owned, or CPO, vehicles seem to be the in thing in the automobile market. This is according to the statistics and data from a survey done by Edmunds.com. Edmunds.com is actually one of the largest sources of automotive information on the Internet.
The respondents of the mentioned survey were out shopping for vehicles new and used. And almost eighty five percent of the lot disclosed that they actually considered or would even consider buying a CPO vehicle for themselves. However, among these respondents, some were honest enough to say that they did not know the difference between a manufacturer program and an independent certified pre-owned program.
Philip Reed, the Consumer Advice editor for Edmunds.com, explains, There is an important distinction: a factory-certified vehicle is backed by the manufacturer and provides consumers with the option of servicing their vehicle at any of the franchises dealerships. We do not recommend dealer-certified cars because they typically offer a much more limited certification and no backing from the manufacturer.
CPO vehicles are plenty...
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