What Does Certified Pre-Owned Mean?

2020 Cadillac XT4

 

What exactly is CPO’s meaning? Let’s start with the easy answer first. When you’re shopping for a used vehicle near Charlotte and you see a vehicle listed as CPO, it simply means that the vehicle is designated as certified pre-owned. What does certified pre-owned mean? Keep reading to discover these answers and more, courtesy of Hendrick Cadillac Monroe! Be sure to contact us if you have any further questions!

 

So, What Exactly Does Certified Pre-Owned Mean?

In essence, a certified pre-owned vehicle is a used vehicle you can place more trust behind. CPO vehicles are thoroughly inspected and repaired by brand-certified technicians like those in our Service Department to ensure that they have a long and healthy life ahead of them, even though they’re technically used vehicles.

Not just any vehicle can become a certified pre-owned vehicle, though—there’s a few requirements that must be met, such as these:

  • Model Year: The vehicle must be a new enough model year.
  • Miles: Each vehicle must meet a certain amount of miles.
  • Inspection: A certified pre-owned vehicle must meet a number of inspection points.
  • Vehicle History Report: Aside from being in good condition, the vehicle must also have a justifiable service history, well documented, as well.

Benefits of Certified Pre-Owned Cars

If you’re hesitant to dip your toes into the waters of certified pre-owned vehicles, there’s some talking points we should discuss. CPO vehicles are perfect for those looking for the reliability and modern nature of a new vehicle, with much of the savings that come with buying used. Here are some other benefits of a certified pre-owned car: 

  • You’ll know that the vehicle labeled as CPO was thoroughly inspected to perform and hold up to your Concord commutes and more.
  • Certified pre-owned vehicles are often given some type of warranty. Contact our Finance Department for warranty information.

Buy CPO at Hendrick Cadillac Monroe!

As you’ve read above, certified pre-owned vehicles are an excellent alternative to both new and used vehicles—a happy medium, if you will! Browse our inventory of certified pre-owned vehicles, and call (704) 317-8289 to make an appointment or ask any questions you may have!

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Hendrick Vehicle Disclaimer:
$699.00 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:
Well-qualified customers who purchase a new, used, or certified pre-owned vehicle, 4 model years or newer with less than 60K miles between December 1, 2023, and January 12, 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 January 12, 2024. See dealer for complete down payment options and details.

Monthly payment is $29.04 for every $1,000 financed. Average example down payment is 21%. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 11/15/23. MUST FINANCE THROUGH CADILLAC FINANCIAL. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 1/2/24.

Excludes 2024 CT4-V Blackwing and CT5-V Blackwing. Monthly payment is $29.04 for every $1,000 financed. Average example down payment is 18.4%. Some customers may not qualify. Not available with lease and some other offers. Take new retail delivery by 1/2/24.

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Hendrick Cadillac Monroe 35.0239, -80.583.