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

2020 Cadillac XT4

Are you one of the many Charlotte drivers asking, “What’s the difference between used and certified pre-owned?” This is a common question we receive at Hendrick Cadillac Monroe, and it’s important to know that there is a distinction to be made between both. The Hendrick Cadillac Monroe finance center is here to help you understand the difference between the two, so let’s compare CPO vs. used today! For more information, feel free to contact us anytime!


What You Need to Know About Buying Used

So, what is the difference between used and certified pre-owned? The most important thing to remember about used cars is that they have had previous owner(s), and vary in terms of make, model, mileage, and age. They are also priced lower than certified pre-owned vehicles. Many buyers around Pineville will find this to be an advantage, as the vehicles in this segment are often more attainable.

Used vehicles vary in terms of mileage. When it comes to mileage, you will often see vehicles with as little as 20,000 miles to over 100,000 miles on the odometer. However, higher mileage does not mean that it’s not a good buy. As long as it has a well-documented service history, and has been cared for, it could last for years to come. Here are a few things to consider when buying a used car:

  • Manufacturers don’t make it a requirement for traditional used cars to be inspected prior to sale. However, Hendrick Cadillac Monroe values their customers, and wants to make sure they receive the best deal possible. Therefore, our expert service center thoroughly inspects each used vehicle to make sure it’s in exceptional condition. This is why you should be cautious about private sales, as vehicle histories and conditions might be less than favorable.
  • Regardless of whether you use a private seller or go through the dealership, you should always let them know about any issues that you during your own inspection and test drive. If the vehicle has a few issues and you still decide to purchase, be sure to factor this into your budget.
  • If a vehicle is properly maintained, it can last more than 200,000 miles. It’s not a bad choice to purchase a high mileage used car if you have a smaller budget!

What You Need to Know About Buying a CPO Car

When you purchase a CPO vehicle, it has also had previous owner(s). But, these are often newer, low mileage vehicles that must go through a rigorous inspection to be considered for their respective OEM CPO programs. They include warranties and other perks, similar to buying a new car. These are considered to be some of the best used cars available and are the first choice for many Monroe shoppers. Some of the requirements to be considered for the Cadillac CPO program include:

  • 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

In all cases, certified used cars are newer with low mileage, however, they are often more expensive than traditional used vehicles because of that. So, if you’re looking to save a bit of money on a newer car, a certified pre-owned vehicle might be the right choice for you.

Find Pre-Owned Vehicles at Hendrick Cadillac Monroe Today!

Now that we’ve compared the difference between CPO vs. used, come see our inventory of used and CPO vehicles today at Hendrick Cadillac Monroe! Meet with our finance center to start the buying process, and be sure to use our used vehicle specials to save big near Concord!

 

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Hendrick Vehicle Disclaimer:
$749.00 Dealer Administrative Fee not included in advertised price. All prices exclude all taxes, tag, title, registration fees and government fees. Out of state buyers are responsible for all taxes and government fees and title/registration fees in the state where the vehicle will be registered.

All prices include all manufacturer to dealer incentives, which the dealer retains unless otherwise specifically provided. Dealer not responsible for errors and omissions; all offers subject to change without notice; please confirm listings with dealer.

All vehicles may not be physically located at this dealership but may be available for delivery through this location. Transportation charges may apply. Please contact the dealership for more specific information. All vehicles are subject to prior sale.

Additional Disclaimer:
*2.9% APR for 36 months for well-qualified buyers when financed w/Cadillac Financial. Excludes 2024 Escalade and CT5-V Blackwing. Monthly payment is $29.04 for every $1000 you finance. Average example down payment is 19.4%. Some customers will not qualify. Not available with lease and some other offers. Take new retail delivery by 09-03-2024. **Must Finance through Cadillac Financial. Excludes 2024 Escalade and CT5-V Blackwing. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery 9/3/24. (Applies to new in-stock 2024 CT4, CT5, XT4, XT5, XT6 and LYRIQ models)

* Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between June 3, 2024, and July 31, 2024, and finance through a participating dealer and lender have the option to defer monthly payments for 90 days from contract date. Finance charges begin to accrue on the date you sign the Retail Installment Sale Contract at the Annual Percentage Rate (APR) disclosed in the contract. May not be combined with other preferred lender financing offers. 72 months maximum term limit. Equal monthly payments only. Not available to Pennsylvania residents; see your dealer for details. Must take retail delivery by July 31, 2024. See dealer for complete down payment options and details.

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3112 Hwy 74 W, Monroe, NC, 28110
Hendrick Cadillac Monroe 35.0239, -80.583.