There are many pros and cons to weigh when you decide to buy a used car from a dealer or a private owner. While you may be able to get a better deal buying from a private owner, some dealers are able to draw customers by offering certified used vehicles.
When a pre-owned vehicle is certified, Edmunds.com says that the warranty must be backed by the original vehicle manufacturer. According to their website, the original manufacturer of the vehicle is using its dealer network to inspect the car, determine if it’s worthy of certifying and then offer support for the vehicle for a period of time after the original warranty expires.
Buying a certified used vehicle has many benefits and may include some of the same benefits as buying a new car. Services such as trip routing and trip interruption protection are often included in certified programs, and Edmunds also says trip interruption protection is a feature that will reimburse the owner of a certified used car for incidental costs, such as car rental, lodging, meals and out-of-town repair expenses in the event he or she becomes stranded because of a warranted mechanical mishap.
But just because a used car says its certified, doesn’t exactly mean it is. Third-party warranties are often sold with “certified” vehicles, and according to Edmunds' website, they’re really just extended service contracts the buyer is required to purchase at an additional cost, and the vehicle’s manufacturer isn’t involved in any of the coverage promised by the aftermarket service contract.
Overall, buying a certified vehicle may offer extra security when it comes to buying a used car, but buyers should thoroughly understand their contracts to make sure they understand what’s covered in their contract.
For more information about buying a used vehicle, check out more articles at Price My Auto.