WOBURN, Mass. -

Considering the prolific nature of the current certified pre-owned vehicle market, iSeeCars.com decided to look a bit further into the CPO programs provided by manufacturers to see exactly how much of a premium their programs carry.

As it turns out, the majority of car brands average less than $1,000 extra for their CPO vehicles when matched to comparable non-certified vehicles. Overall, the average “premium” was $722, or an average increase of 2.9 percent.

iSeeCars.com highlighted the nine car brands with the lowest manufacturer-provided CPO premiums, which were all on average less than $500, as seen in the chart it provided. 

A portion of FCA’s wheelhouse, Jeep, Dodge and Ram, make up the cheapest average CPO premiums on the list, with Chrysler coming in at No. 7. Japanese manufacturers Subaru, Honda and Mazda comprise the middle of the list while General Motors’ Chevrolet and Buick brands round out the bottom of the nine.

“Looking at the manufacturers with what are typically considered the best CPO programs, our analysis found some real bargains that can make buying a certified pre-owned car very compelling,” said Phong Ly, iSeeCars.com’s chief executive officer. “The data indicates that consumers are more likely to find a CPO car at a highly competitive price from the top brands on our list. However, they should also pay careful attention to what’s included in the certification.”

The company’s study analyzed over 3.5 million used vehicles, with a model-year range of 2010 to 2015, sold between Nov. 1, 2014 and April 30 of this year. The vehicles were limited to mileages of 70,000 miles or less. For each vehicle, the average price of the manufacturer CPO vehicle was compared to the average price of a comparable non-certified used vehicle. The company’s data excluded vehicles with fewer than 10 CPO sales as well as vehicles with non-certified mileage outside of the range of 15 percent of the average CPO vehicle’s mileage. Abnormal pricing outliers were also excluded. 

For more details, the report from iSeeCars.com can be downloaded here