CPO Vs. Pre-Owned

Benefits of Certified Pre-Owned Vehicles

Check out all these benefits if you don't know why you want to drive a CPO vehicle.

Reliable Lineup with Inspections

Hands down, the CPO vehicle will be the best option available if you want reliability and quality. All CPO Ford models must go through rigorous testing to be put on the lot, and they must also have low mileage and can be a maximum of a few years old.

Factory Warranty

Many of these cars still have the factory warranty attached to them. For this reason, you have more protection with the purchase you make. Once that warranty is over, there's usually other protection put on the vehicle. If not, you can always add an extended warranty.

Better Financing Rates

If you plan to finance the used vehicle, you'll find better rates on CPO models. It's also easier to get an auto loan because of how new the car is. Lenders are happy to provide money for a like-new vehicle, even offering lower interest rates in exchange. We advise you to look at the difference in lending terms between the CPO and the used model to see what we are talking about. 

Extra Perks

When you buy a Certified Pre-Owned Ford, you gain extra benefits you might not have known about. For example, you should be able to see the CARFAX vehicle history report, get roadside assistance, and enjoy other perks. Talk to our team about the benefits offered with our lineup of vehicles.

Manufacturer Offers

Finally, many Certified Pre-Owned cars come with manufacturer offers. Aside from the deals we can provide our customers, Ford also offers some incentives to make it valuable. The offers at Phil Long Ford of Chapel Hills are regularly changing, so you should check back often to see what's available. 

Benefits of Used Vehicles

Even with all the advantages of driving a CPO vehicle, the used vehicle does win out in some areas. Here are a few reasons to consider a pre-owned vehicle instead.

Better Inventory

With the CPO vehicle, finding the car you are looking for can be challenging. Few CPO vehicles are available, making it difficult if you need something particular. Instead, the used car inventory usually is packed to the gills, with a little something for everyone. You can walk in today and find the exact vehicle you were hoping for. Why are there so many more available? These used cars didn't need to go through the same level of inspection and testing as the others, so they took less time to get ready.

Lower Cost

Because the CPO is newer and comes with all the perks we listed, you will pay more. You'll prefer a used car if you are on a tight budget. We keep the costs down as low as possible with both options, but the pre-owned inventory is a much better bargain. 

Flexible Financing Terms

While you may get a better financing rate with the CPO vehicle, the flexibility is different. You may have to search out your lenders, but there's a lot of flexibility. Used cars have better options, allowing you to customize the agreement. If the car is cheap, you may even prefer to pay cash and avoid financing altogether.

CPO vs. Used Car: Which One is Right for You?

If you are looking for a car that looks and feels like a new one without the higher sticker price, the CPO Ford is right for you. It's a pre-owned car, but it's been thoroughly inspected to ensure it provides the mechanical reliability you deserve. However, to get this model, you must pay a little more.

On the other hand, a used car is an excellent option if you are working with a tight budget. These cars are much cheaper but haven't been evaluated to the same degree. These cars also tend to have more miles and are older than the CPO lineup.

Whichever option is best for you, we can help get you behind the wheel at Phil Long Ford of Chapel Hills. Browse the online inventory to see what's available before you head to our dealership. Then, schedule a test drive to see what makes our lineup better than other dealerships. 

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