CPO vehicles supply numerous of the exact same incentives of a brand-new automobile free of the greater fee tag and steep depreciation. Each automobile undergoes an extensive inspection defined by the manufacturer and ought to fulfill a lot of guidelines from age to mileage. When certified, these vehicles come along with a manufacturer-backed warranty, giving buyers the assurance they desire as quickly as purchasing a pre-owned vehicle. In fact, 64 percent of shoppers say that the certification procedure and warranty offer them peace of mind.1
Hyundai gained top honors in the non-luxury category this year along with its impressive CPO warranty, which offers 5 years or 60,000 miles of bumper-to-bumper limited coverage and 10 years or 100,000 miles of powertrain coverage from the car’s original sale date. Hyundai’s selection was cemented by the naked truth that the warranty offers a relatively reduced deductible of $50, and the warranty is fully transferable to subsequent owners in a private sale.
Meanwhile among luxury automakers, Lexus’s CPO routine “L/Certified” won top honors primarily because of its great warranty along along with various other alluring benefits. L/Certified offers limited bumper-to-bumper coverage for up to 6 years and unlimited mileage from the vehicle’s original sale date—a risky proposition, however one that shows the brand is willing to firmly stand behind its vehicles. Lexus’s routine boasts no deductible for covered repairs, meaning that owners won’t have actually to pay a penny if their cars suffer a warranty claim. Icing on the cake is the naked truth that Lexus’s routine touts complimentary maintenance covering the next four factory-recommended programs for two years or 20,000 miles—a small benefit, however one that’s undoubtedly worth mentioning.
Autotrader’s Finest CPO Services for 2016:
Best Non-Luxury CPO Programs:
Best Luxury CPO Programs:
Hyundai (Finest Overall)
Lexus (Finest Overall)
* honorable mentions listed alphabetically
The selections for this year’s Finest CPO Services were based primarily on warranty coverage, along with at least 6 years/100,000 miles for powertrain coverage. various other factors included bumper-to-bumper limited warranty length, warranty transferability and deductible amount.
To discover out much more concerning these CPO Services and why the experts at Autotrader chosen them for top honors, examine out the adhering to articles: 10 Finest Non-Luxury CPO Services for 2016 and 10 Finest Luxury CPO Services for 2016.
 2015 Autotrader Certified Pre-Owned Study
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About Cox Automotive
Cox Automotive Inc. is transforming the means the globe buys, sells and owns cars along with industry-leading digital marketing, software, financial, wholesale and e-commerce solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. Committed to open choice and dedicated to sturdy partnerships, the Cox Automotive family involves Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, vAuto®, Xtime® and a host of various other brands. The global firm has actually nearly 30,000 group members in much more compared to 200 spots and is partner to much more compared to 40,000 auto dealers, also as many serious car manufacturers, while engaging U.S. consumer automobile buyers along with the many recognized media brands in the industry. Cox Automotive is a subsidiary of Cox Enterprises, Inc., an Atlanta-based firm along with revenues of $18 billion and roughly 55,000 employees. Cox Enterprises’ various other serious operating subsidiaries contain Cox Communications and Cox Media Group. For much more write-up concerning Cox Automotive, visit www.coxautoinc.com.
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