What is the Difference Between Land Rover Used & Certified Pre-Owned Vehicles?
When starting your search for your next vehicle, you may start to wonder about the differences between a used car and a certified pre-owned model and why one might be better than the other. While sometimes used interchangeably, these two terms for pre-owned vehicles can have key differences that you’ll want to keep in mind when choosing your next vehicle. Land Rover Easton has created this guide to help make your decision easier and provide you with all the tools you need when shopping for your next pre-owned Land Rover.
What’s the Difference Between Used and Certified Pre-Owned?
Two of the largest differences between used and certified pre-owned vehicles are warranty and price. Most used cars will get an inspection by the dealership prior to being placed on the lot for sale, but they usually won’t include the extensive warranty coverage and comprehensive inspection of a certified pre-owned model. This is why a used car usually carries a lower price tag compared to an identical certified pre-owned model.
You’ll want to check if the used vehicle you’re purchasing has any balance of the new vehicle warranty left and you’ll usually have the option to purchase additional warranty protection on a used vehicle depending on its age and mileage. Purchasing a used vehicle also means you’ll avoid most of the major depreciation that comes from taking a new car home. Statistically, a new car can lose up to 20% of its value as soon as you drive it off the lot. Doing your research beforehand, checking the vehicle history report, and choosing the right brand and model are simple steps you can take to make your used car buying experience stress-free.
Certified Pre-Owned (CPO) Vehicles
Compared to an ordinary used car, certified pre-owned vehicles can deliver long-term satisfaction and a superior ownership experience. Land Rover Approved Certified Pre-Owned models are required to undergo a rigorous 165-point inspection to earn certification. If any issues come up during this inspection, they must be corrected or repaired using genuine OEM Land Rover parts or the vehicle will not be eligible for Approved Certified Pre-Owned status. Every Land Rover CPO vehicle will have a clean vehicle history report, lower mileage on the odometer, and will be in better overall condition compared to a non-certified, similar model.
All Land Rover Approved Certified Pre-Owned vehicles are backed by enhanced warranty protection – another major advantage over a typical used vehicle. While not identical to a new car bumper-to-bumper warranty, CPO warranty coverage covers most of the same types of defects and mechanical failures. Additional benefits of the Land Rover Approved CPO program include 24-hour Roadside Assistance, fully-transferable warranty coverage to a subsequent owner, no deductible for covered repairs, and many more. Land Rover Approved Certified vehicles are less expensive compared to buying new while delivering many of the same benefits. It’s easy to see the appeal of Land Rover Approved Certified Pre-Owned vehicles and their popularity vs simply buying a used vehicle.
Used vs. CPO – Pros & Cons
|Often Lower Priced – Particularly when compared to buying a new vehicle, but also against a CPO model. A typical used car is the most cost-effective way to get behind the wheel of the vehicle you want. You’re shielded against the steep depreciation of a new car and you can also step up to a more luxurious trim level.
|Higher Risk, Less Protection – Since they’re not backed by the same warranty coverage as a new vehicle or CPO model, it is critical you do your research before purchasing. Be sure to have a qualified and trusted technician inspect the vehicle before taking your vehicle home.
|More Options – Shopping used typically means you’ll have more options available to you in the market. You’ll have the freedom to choose from all the various different trim levels and models within your budget.
|Higher Financing Rates – Used cars usually don’t qualify for the lower financing rates found on new vehicles or CPO models. This is due to the fact that it’s harder to predict the future value of used cars.
|Warranty Coverage – You’ll receive the confidence and peace of mind that comes with enhanced warranty coverage provided by the Land Rover Approved CPO program. Repairs will be performed at no charge during the warranty period.
|Higher Cost – Due to the fact that CPO models include such an extensive list of benefits and are usually newer with lower mileage, they will sometimes cost more than an ordinary used car. However, they’re still a bargain compared to the cost of buying a new vehicle.
|Newer and Lower Mileage – Due to the requirements of the Land Rover Approved CPO program, CPO models are usually newer and will have lower mileage than an average used model. You can expect outstanding value combined with years of reliable performance.
|Fewer Choices – Since the requirements to be considered a CPO model are so extensive, there are occasions when you may have to search a bit further to find the exact color, trim level, or options that you’re looking for. However, Land Rover Easton is proud to offer an extensive selection of Land Rover CPO models and we’re standing by to help you find the vehicle you want.
|Comprehensive Inspection – Above and beyond what you’d expect from a typical used car, Land Rover CPO models must pass a rigorous 165-point inspection. Any issues will be repaired prior to being made available for purchase as a CPO model.
Shop Used and Approved Certified Pre-Owned Vehicles at Land Rover Easton
Now that you’re armed with the knowledge of all the differences between used and Approved Certified Pre-Owned models, it’s time to browse our selection here at Land Rover Easton. We’re standing by to help you find the right pre-owned Land Rover model for you. Get behind the wheel of the Land Rover you’ve always wanted at a price your head and heart can agree on!