What’s the difference with certified pre-owned?
Compared to used vehicles, certified pre-owned models are generally newer, with fewer miles. They’re generally priced significantly higher than older used models, but they’re always more affordable than comparable new vehicles. The best age for a car in terms of resale value can vary, but generally, cars that are 3-5 years old tend to have the best balance of depreciation and value.While new cars depreciate quickly, used vehicles have already gone through the sharpest depreciation period. This means the car you buy won’t lose its value as dramatically as a new one would. Since used cars generally have a lower value than new cars, insurance premiums tend to be cheaper.The optimum age range for purchasing a used car is commonly recognized as falling between 2 to 5 years old. Within this timeframe, a car has traversed the steepest part of its depreciation curve while still maintaining relatively new and well-maintained conditions.Advantages of Buying Used Cars Much of a vehicle’s value is lost in its first few years, so purchasing used instead of new lets the first owner absorb the massive depreciation hit, and you get a more affordable car that will depreciate more slowly as it ages.
Which is better, pre-owned or used?
Used Vehicles Offer More Value Than CPO While CPO cars go through inspections and include extended warranties, they often cost thousands more than a comparable used car without offering enough added benefits to justify the price. Every Certified Pre-Owned Mercedes-Benz comes with its remaining 4 year/50,000 mile New Vehicle Limited Warranty. Once the New Vehicle Limited Warranty has expired, the CPO Limited Warranty kicks in, providing an additional 12 months of coverage with unlimited miles.The CPO limited warranty covers a vehicle for one year or 12,000 miles, whichever comes first, whereas the powertrain warranty runs for seven years from the vehicle’s model year or 100,000 miles.Once your CPO Limited Warranty expires, the CPO Extended Limited Warranty offers up to 2 additional years (unlimited miles), providing the same comprehensive coverage. For additional details, contact your local Mercedes-Benz dealer.CPO limited warranty coverage is for one year and unlimited mileage after the four-year/50,000-mile new car warranty runs out.
Why should I buy certified pre-owned?
The allure of certified pre-owned vehicles is bolstered by their comprehensive warranties and assurances, setting them apart from conventional used cars. CPO vehicles typically come bundled with extended limited warranties, offering buyers an added layer of protection and peace of mind. There is always some risk involved in buying a used car, but with a CPO vehicle, it is typically lower. Mechanics who are trained to spot trouble have inspected it. A manufacturer backs it with a limited warranty — and maybe a powertrain warranty, too.Certified pre-owned (CPO) cars are popular with buyers who want to minimize the risk of buying a used car. They often come with added benefits versus buying an uncertified car, such as a limited warranty, roadside assistance and loaner vehicles.Remember that certified pre-owned cars usually have a higher price tag than regular used cars. This is because they have undergone a rigorous inspection process and come with a warranty. So, while you may be able to negotiate on the price, it is important to ensure that you are getting a good deal.
What is the difference between certified pre-owned and pre-owned Mercedes?
So, What Does Certified Pre-Owned Mean, Exactly? Mercedes-Benz will label some vehicles as “CPO”, meaning the car has passed a 165+ point inspection. In addition, a certified pre-owned vehicle is covered by warranties, which is not a benefit that comes with other pre-owned cars. Every Mercedes-Benz Certified Pre-Owned (MBCPO) vehicle is covered by the standard MBCPO Limited Warranty — which now runs for 1 year with unlimited miles, starting when your vehicle’s original 4-year/50,000-mile* Mercedes-Benz New Vehicle Limited Warranty expires.Once that warranty ends, the Mercedes-Benz certified pre-owned limited warranty kicks in, offering you a 12-month, unlimited-mile warranty covering the engine, powertrain, suspension, steering, climate control, electrical system, audio and navigation system, brakes (but not wear items like pads and rotors), and more.No-deductible service, unlike many other pre-owned warranty programs. You will never pay additional fees for warranty-covered labor, repairs or parts. Fully transferable with no transfer fee, in the event you sell your Mercedes-Benz Certified Pre-Owned vehicle to a private party.Mercedes-Benz Service is recommended after 1 year or 10,000 miles, whichever occurs first. Mercedes-Benz Service B comes after, and is recommended after 2 years or 20,000 miles, whichever occurs first. Throughout the life of your car, you’ll alternate between these service intervals to protect its parts and systems.
Why is certified pre-owned more expensive?
What makes certified pre-owned vehicles more valuable in some occasions? CPO vehicles undergo rigorous inspections, come with manufacturer-backed warranties, and depreciate slower, providing long-term value and peace of mind. Perks like roadside assistance and financing incentives add even more appeal. A certified pre-owned (CPO) car is a used vehicle that has been thoroughly inspected and repaired as needed. The manufacturer’s or dealer’s warranty may also back it up, depending on their CPO program. The added work to qualify as a CPO can result in a significant price increase compared to other used cars.CPO vehicles go through stringent inspection processes, reconditioning, and include warranty coverage, giving buyers added peace of mind. On the other hand, standard used cars tend to have lower upfront costs, making them accessible for budget-conscious shoppers.
How long does a Mercedes certified pre-owned last?
Every Mercedes-Benz Certified Pre-Owned (MBCPO) vehicle is covered by the MBCPO Limited Warranty1, which runs for 1 Year with Unlimited Mileage2, and any remainder of the vehicle’s original 4 Years/50,000 miles Mercedes-Benz New Vehicle Warranty. The Mercedes-Benz C-Class has been a top choice for buyers looking for a compact luxury sedan. Both the W204 (2008-2014) and W205 (2014-2021) generations are reliable options with a premium feel. So WHY are they so reliable? Engine Durability: The W204’s M271 and M274 four-cylinder engines are reliable when maintained.Mercedes-Benz vehicles are renowned for their durability, performance, and engineering excellence. With proper care, these cars can easily reach 200,000 miles or more, often translating into 15 to 20 years of reliable service.