Used cars

One lesser-known perk to choosing a CPO car is the potential for lower financing costs — an important consideration as auto loan rates are on the rise.

Placing a dollar value on the CPO treatment is a calculus fraught with variables. We’ll explain.

Automakers advertise a long list of additional perks for their CPO programs, but the key benefits fall into two main categories: more confidence in the vehicle and financial rewards.

It's important that you be prepared before entering the finance and insurance room, because what's discussed in there is negotiable and, depending on the driver and the car, sometimes unnecessary.

Though dealers often recondition used cars and some may add warranty coverage, slapping a “certified” label on a used car isn’t the same as certifying it under a manufacturer’s CPO program.

The number of miles on the odometer goes a long way to determining the value and desirability of a used vehicle.

A pre-purchase car inspection is an important step in determining a used car’s reliability.

Sometimes you can score a great deal on a hail-damaged car, but if you don’t take the proper precautions before finalizing the purchase, there could be hail to pay.

Although some dealers have instituted no-haggle pricing, CPO cars seldom carry such stipulations as a whole.

Can you lease a used car? In a word, yes. But there are plenty of ramifications.