You may have had your heart set on a new vehicle this year – but then you saw the sticker price on your favorite model.
That’s when knowing the best CPO programs of 2019 can make a difference.
This year, the best of the best certified pre-owned vehicle programs are Hyundai (non-luxury) and Lexus (luxury), according to Autotrader, a car-research and shopping website.
The two brands “won our vote for the top spots in their classes for the second consecutive year due to great warranty coverage and amazing perks should anything go wrong,” said Brian Moody of Autotrader in announcing the top 10 non-luxury and top 10 luxury CPO programs for this year.
“In today’s market, the average new car costs nearly $37,000,” said Autotrader in a press release. “While this figure might be alarming, consumers can still drive away in their dream car without going over budget by taking advantage of certified pre-owned programs.”
Certified pre-owned (CPO) vehicles provide shoppers a compromise between the expense of purchasing a new vehicle and the perceived uncertainties of purchasing a non-CPO used vehicle.
“Certified pre-owned programs offer consumers amenities that rival those of many new cars, thanks to manufacturer-backed warranties and rigorous inspection processes,” said Moody. “While all CPO programs are great, some stand out from the crowd.”
Following are Autotrader’s best CPO programs of 2019 listed in alphabetical order:
Non-luxury CPO programs
Luxury CPO programs
“Hyundai’s CPO program is a clear leader in the non-luxury pack, primarily for its 10-year or 100,000-mile powertrain warranty, the balance of which transfers to the CPO vehicles,” said Autotrader. “Hyundai requires a $50 deductible for all covered repairs, but CPO coverage is fully transferable.”
Other benefits, Autotrader reports, include a free CARFAX history report, free roadside assistance and trip interruption coverage of $100 per day for up to five days if you’re at least 150 miles from home.
The website also reports details on the other nine non-luxury CPO programs.
Autotrader didn’t hold back regarding the luxury class, either.
“Our choice for Lexus’ program among luxury vehicles was clear: The CPO warranty adds two years and unlimited mileage to the remaining balance of the original four-year or 50,000-mile bumper-to-bumper new-car warranty, which includes powertrain coverage.”
Lexus also provides four free scheduled maintenance visits, complimentary loaner cars during covered repairs and free roadside assistance, Autotrader adds.
The website also reports details on the other nine luxury CPO programs.
Autotrader’s best CPO programs of 2019 were identified by factors that included length of the powertrain warranty – with a minimum of six years or 100,000 miles from the original sale date – available inventory, bumper-to-bumper warranty coverage and transferability to future vehicle owners.
Knowing the best CPO programs of 2019 may be enough for a change of heart.