As interest rates make the parameters for financing a new vehicle less appealing, Autotrader spotted eight financing campaigns for certified pre-owned vehicles that makes these models potentially even more appealing.
“Fall is typically a buyer’s market for auto sales,” said Brian Moody, executive editor for Autotrader. “Dealers are looking to move both new and used vehicles off their lots. Car buyers can score significant savings on certified pre-owned vehicles this time of year, and at a price lower than a new car but still backed by a warranty.”
The editors at Autotrader have rounded up some of the best CPO deals to help shoppers find that perfect certified pre-owned vehicle this month.
Through the end of October, qualified shoppers who finance a certified pre-owned 2015 or 2016 BMW through BMW Financial Services can take advantage of no payments for three months at the start of their contract an appealing offer for many shoppers, right after making a big down payment to buy a vehicle.
This quarter, Buick is offering a strong incentive that sweetens the deal. Through the end of the year, qualified shoppers can get 1.9 percent AOR for up to 36 months on certified pre-owned Enclave and Encore crossovers.
Through the end of the year, Chevrolet is also offering a similar incentive to its fellow GM brands. Qualified shoppers can get 1.9 percent APR for up to 36 months on several popular models — the Cruze and Malibu sedans, the Equinox and Traverse crossovers, and the Silverado pickup.
This month, qualified shoppers can get 1.9 percent interest for up to 36 months on certified pre-owned versions of the Acadia and Terrain crossovers or the Sierra pickup.
Through the end of October, the best offer is for qualified shoppers looking to finance a certified pre-owned Jaguar over 24 months, as most models are offered with 0.9 percent interest. For shoppers who would prefer a longer term, many desirable models are offered with 1.9 percent APR for up to 36 months, including the 2015-2016 XF, the 2015-2016 XJ, the 2015-2016 F-Type, and the 2015 XK.
This month, qualified shoppers who get a certified Land Rover Discovery Sport can get a great deal, as Land Rover is touting 0.9 percent APR for up to 24 months, or 1.9 percent APR for up to 36 months.
In October, Lexus is sweetening the pot with another promotion for certified pre-owned versions of its Lexus RX crossover. Through the end of the month, qualified shoppers interested in a CPO RX can get 3.9 percent APR for up to 60 months — “a strong deal for a pre-owned vehicle,” according to Autotrader.
Through the end of October, Subaru is touting 0.99 percent APR on certified pre-owned vehicles for up to 36 months, “which is an excellent offer for a used car — especially when you factor in the warranty,” Autotrader said.