CPO vs Used

 

Certified Pre-Owned vs. Used Cars

If you’re interested in the many benefits of a used Cadillac like a CT4, XT6, or any other used Cadillac model, you may have wondered “what’s the difference between certified used Cadillac and used options?” Simply put:

  • A used vehicle is any model that has been owned or leased by at least one previous driver.
  • Used cars that meet or exceed multiple high-level standards will earn the qualification of a certified pre-owned (CPO) model

The two main points people usually consider when purchasing a certified pre-owned vehicle or a used vehicle are peace of mind and price. However, to make a genuinely informed decision, it is best to consider the pros and cons of both CPO and used vehicles.

What to know before buying a used car:

Buying a used car can sometimes feel like a gamble. Although there are plenty of reasons to be excited about buying used, no one wants to drive home with an unreliable vehicle. That’s why our service team at Cadillac Pensacola inspect every used vehicle on our Pensacola lot for quality. Even if you drive away in one of our used cars priced under $25,000, you’ll be certain that you’ve found a vehicle you can rely on! Now let’s look at the pros and cons of a used vehicle.

Pros

  • Cheaper price: Used vehicles can be $100s or even $1000s cheaper than a CPO vehicle of the same make, model, and year. You can sometimes get a newer used car cheaper than an older certified pre-owned car from the same manufacturer.
  • Many options: There are more used vehicles for sale than CPO vehicles because many used cars cannot pass the strict certification tests. You can usually find several used car models and trim levels at your local dealership, and many of the same models are often available.

Cons

  • More risk: Used vehicles are riskier than CPO vehicles because their history is unknown, and they don’t have to meet quality standards to be sold. However, you can hire a mechanic to inspect any used vehicle you’re interested in buying.
  • No warranty: If the original manufacturer’s warranty has expired, you will have to pay for all future repair costs out of your pocket.
  • Higher financing rate: Finance rates are higher on used cars than on CPO vehicles because of the used cars’ depreciation, their lower value, and the higher potential for mechanical problems.

What to know before buying a used car:

Buying a used car can sometimes feel like a gamble. Although there are plenty of reasons to be excited about buying used, no one wants to drive home with an unreliable vehicle. That’s why our service team at Cadillac Pensacola inspect every used vehicle on our Pensacola lot for quality. Even if you drive away in one of our used cars priced under $25,000, you’ll be certain that you’ve found a vehicle you can rely on! Now let’s look at the pros and cons of a used vehicle.

What to know about buying a certified pre-owned Cadillac:

Buying CPO vs. used means — though you’ll pay more than a standard used vehicle — you’ll pay much less than buying a brand new, drive-off-the-lot model. Now, the pros and cons of buying a Cadillac Certified Pre-Owned vehicle:

Pros

  • Better condition. CPO vehicles pass a rigorous inspection by certified technicians and usually have fewer miles and are in better condition than used cars of similar make and model.
  • Less risk. Thanks to the inspection and the 4-year/50,000-mile Bumper-to-Bumper Limited Warranty, you know much more about the condition of the vehicle you are buying.
  • Lower finance rates. Car manufacturers typically offer better finance rates for their CPO vehicles than what you could usually find at a bank or credit union.

Cons

  • Cost more: Dealerships use many resources to ensure their certified pre-owned vehicles are in outstanding condition. The money put into these vehicles to ensure their quality is why they are more expensive.
  • Limited selection: The strict requirements for mileage, condition, and inspection limit the number of cars that can achieve the CPO label. The nature of the selection process creates a small availability of certified pre-owned vehicle options.

Shop Used & Certified Used Cadillacs in Pensacola

Now that you know some of the pros and cons of used cars vs certified pre-owned cars, you can better decide which is best for you and your current Florida lifestyle and budget. Sometimes, available options can be a deciding factor. Browse our excellent selection of used and certified used Cadillacs for sale online and contact us today!