Autotrader’s list of the top certified pre-owned deals available this May recognizes BMW, Chevrolet, Volkswagen and Volvo for extending types of deals often reserved for buying new.
“Shopping CPO is ideal for price-conscious car shoppers that do not want to sacrifice quality over a good deal,” Autotrader executive editor Brian Moody said in a news release. “With CPO inspection and warranty coverage, you're likely to get a vehicle that is among the better choices out there.”
BMW's CPO program offers models that are available with a warranty that offers coverage for up to six years or 100,000 miles from the original sale date this month. Shoppers particularly interested in the brand’s 3 Series or 4 Series can get 0.9 percent interest for up to 36 months. Autotrader calls this offer “a new-car deal on a used model.”
Chevrolet is offering qualified shoppers interested in a CPO Chevrolet Cruze, Equinox, Malibu, Silverado or Traverse 1.9-percent interest for up to 36 months through the end of May. This is an exceptional rate for a used vehicle, Autotrader said.
This month Ford's CPO program boasts up to seven years or 100,000 miles of powertrain protection from the original sale date, as well as an additional year or 12,000 miles of bumper-to-bumper coverage. Qualified buyers will also be offered 2.9-percent interest for up to 66 months on all of its CPO models, according to Autotrader.
Nissan's program is extending “impressive” incentives to qualified shoppers that are available on any model among its CPO fleet through the end of the month. May’s offerings include 1.95-percent interest for up to 36 months or 3.95-percent interest for up to 72 months. Additionally, Nissan is offering up to $500 cash back on its Altima, Maxima, Rogue and Sentra models.
Throughout the month, Land Rover's program will extend bumper-to-bumper coverage for up to seven years or 100,000 miles. Autotrader said the best deal Land Rover has this month is on 2013-2015 Evoque models. The automaker is offering qualified shoppers interested in an Evoque CPO 0.9-percent interest for up to 60 months.
Toyota's CPO program is among Autotrader’s highlights this month. The automaker is offering seven years or 100,000 miles of powertrain protection, along with an extra year of bumper-to-bumper coverage. Additionally, through the end of the month, the Prius is available at 1.9-percent interest for up to 60 months. The deal also extends to the smaller Prius c and larger Prius v.
This month Volkswagen has a special offer aimed at qualified shoppers interested in financing. Throughout May, shoppers can purchase any CPO model with 1.99-percent interest for up to 60 months. Autotrader said this is “a great rate and a long term that you'll typically only find in the world of new vehicles.”
Volvo’s CPO program is offering shoppers bumper-to-bumper warranty coverage for seven years or 100,000 miles from the original sale date, through the end of the month. Autotrader said this is among the longest warranties in the industry. Qualified buyers interested in financing their CPO purchase can also get 0.9 percent interest for up to 24 months. This is a rate rarely offered on used models, according to Autotrader.
For additional details on the CPO programs Autotrader named this month, click here.