Huffines Hyundai Plano knows that our customers come to us needing a vehicle and must stay on budget. In some cases, buyers can afford a brand-new Hyundai. In other cases, their budget requires they look to the pre-owned inventory. And there’s nothing wrong with buying a pre-owned car, truck, or SUV. You can save thousands of dollars by purchasing a gently used Hyundai with low miles and the latest features found on new models.
It’s important to know that you can buy a certified pre-owned (CPO) vehicle or a non-certified pre-owned (non-CPO) version. Unfortunately, many buyers don’t understand the difference between them. So, we asked our used vehicle experts to review the pros and cons of each to help you decide which type of used car you should purchase.
Pricing Differences Between CPO and Regular Used Vehicles
At Huffines Hyundai Plano, we admit that CPO vehicles cost more than regular used cars. However, in some cases, you can spend thousands more for the same CPO Hyundai model with similar mileage and in like condition to its regular used counterpart. This discrepancy stems from the certification itself.
You see, Hyundai has strict requirements that every vehicle must meet to qualify for CPO status. These requirements include having one owner, limited miles, a clean accident history, and everything working correctly. In addition, we must have proof that the previous owner kept up with routine and factory-scheduled maintenance. So, what you’re paying for in part amounts to this certification, which means you’re getting a great vehicle.
As a regional sales leader, Huffines Hyundai Plano receives thousands of used cars annually. These vehicles come mainly from auctions, trade-ins, and lease returns. However, not every used car qualifies as a CPO vehicle. That doesn’t make it a bad car, just more affordable. Non-CPO vehicles may have had two or more owners, exceeded the qualifying mileage limit, or been involved in an accident. You can find a great used car if you’re trying to stay on a tight budget. However, the CPO vehicle offers peace of mind if you want top quality and low miles and have the budget.
CPO Vehicles Come With a Warranty
Huffines Hyundai Plano always transfers the remaining warranty on any used car we sell. However, most of the used cars we get have expired warranties because of age and mileage. If you opt for a regular used vehicle from us, we can always sell you an extended warranty plan to help protect your investment.
But every CPO Hyundai we sell comes with a factory-backed warranty for free. This free factory warranty protects you if something should go wrong and closes the cost gap significantly. For instance, if you buy a regular used Hyundai, adding an extended warranty costs around $1,500. But if you buy the same car in the CPO program, you might pay $2,000 more for the vehicle but get the warranty at no cost. So, you’re only paying $500 more for the CPO vehicle.
More Expansive Inventory of CPO Vehicles
One of the best benefits of buying a CPO Hyundai is getting the latest features and technology in new cars. Plus, you have more CPO models to choose from versus new car models. For example, Hyundai currently has over 20 new models in their lineup. So, if you want a brand-new vehicle, you have 20 options. However, if you opt for a CPO, that number expands.
Most CPO Hyundai cars are 3-5 years old. Simple math tells you that it expands your selection to 60-100 models. So if you’re looking for something specific, you have more options in the CPO segment than the more limited new models.
Hyundai CPO Program Quality
To qualify for Hyundai CPO status and justify a higher asking price and warranty protection, your CPO Hyundai must be in excellent condition and have low miles. That’s why CPO cars appeal to so many buyers. You can rely on the vehicle’s quality.
Hyundai offers the best warranty in America, which also applies to the CPO segment. Over the years, Hyundai has built a solid reputation for reliability, which is why you get such a great warranty. We always encourage shoppers to review a specific vehicle’s history to see how it performed. Many manufacturers experience ups and downs from year to year. Cars with low reliability ratings aren’t a good investment, even if they are part of a manufacturer’s CPO inventory. However, when you research Hyundai’s reliability scores, you’ll find the best in the business, year after year.
Part of the CPO quality stems from the thorough inspection process every Hyundai car must pass to earn CPO status. Our factory-certified technicians perform a 125-point inspection covering mechanical parts, safety equipment, and comfort features. Any issues must be repaired or replaced before gaining certification. In addition, we use only OEM Hyundai parts for all repairs and replacements to ensure the highest quality.
Explore CPO Hyundai Vehicles in Plano Today
We hope this blog helped you understand what makes a CPO vehicle a better choice than other used or new vehicles. You’ll find the highest quality, lowest mileage, and the latest tech you crave when you shop CPO Hyundai cars. In addition, you’ll save money versus buying a new car and get more protection compared to a regular used vehicle, making the decision easy.
Buyers looking to upgrade their commute with a stylish and reliable Hyundai can start by shopping our inventory online. You can sort by year, make, and model, and filter dozens of features, such as seating capacity, exterior color, amenities, and more. We have the most expansive inventory of CPO Hyundai cars in the Dallas-Fort Worth area and at the best prices. After searching our inventory, we’re confident you’ll find a few vehicles that suit your needs and budget. Then, you can stop by our dealership, and one of our CPO specialists will show you your preferred cars and let you take them for a test drive.