A Certified Pre-Owned or CPO, car is a type of used car. Most often late-model, they differ from run of the mill used cars by having been refurbished, and certified by the original dealer as being as good as new. They also typically include an extended warranty from the manufacturer. Luxury marques Lexus and Mercedes-Benz were among the first to create CPO programs in the 1990s.[1] CPO vehicles are generally only sold at authorized dealers specializing in that particular brand and often cost slightly more than a non-CPO car of the same model and specifications. CPO cars are generally five years old or newer.
References
- Westways, November/December 2005, p. 48, "Automotive Overdrive" column, "Alphabet Soup", by Peter Bohr
External links
- Article on Certified Pre-Owned vs. Extended Service Contract at edmunds.com - May have some further detail on this subject.
