"One advantage for shoppers today is that certified pre-owned cars and trucks are lightly used, and they have a long factory-backed warranty for greater peace of mind over a typical used car," said Brian Moody, executive editor for Autotrader. "We also saw more manufacturers provide a couple of options on CPO deals to give customers even more flexibility when it comes to saving on pre-owned vehicles."
Autotrader Editors' Top Picks for CPO Deals for October 2017 Audi's CPO program offers comprehensive protection for up to six years or 100,000 miles from the original sale date. Furthermore, shoppers through the end of the month can get 0.9 percent interest for up to 24 months on all CPO 2014-2016 Audi models.
BMW's CPO program changed at the beginning of this month to offer new warranty coverage. It now touts one year of comprehensive coverage with no mileage limit at the conclusion of the original 4-year or 50,000-mile warranty that's included on all new BMW models -- and drivers can purchase additional years of coverage if they like. The program is made even more alluring in October with the addition of a new special offer. That deal gives qualified shoppers 0.9 percent interest for up to 24 months on all certified pre-owned 2014 and 2015 BMW models -- a good deal with an impressively low interest rate, even if it is over a short term.
Chevrolet's CPO program offers two warranties. One holds powertrain coverage for up to six years or 100,000 miles from the original sale date, giving you peace of mind about the major items, such as the engine and transmission, that could prove costly. The other offers bumper-to-bumper coverage for one year or 12,000 miles from the day you buy the car (or on top of the original warranty).
Like Chevrolet, GMC's CPO program also offers two warranties: one that boasts six years or 100,000 miles of powertrain protection from the original sale date, and another that offers bumper-to-bumper coverage for up to one year or 12,000 miles from the day you buy your car.
Honda's CPO program offers two warranties. The powertrain warranty, which covers Honda models for up to seven years or 100,000 miles from the original sale date, is good for shoppers interested in making sure they have a warranty for major items like the engine and transmission. Honda's CPO program also offers a bumper-to-bumper warranty that offers one year or 12,000 miles of coverage from the date of purchase.
The Mercedes-Benz CPO program offers only one year of coverage but drivers can extend it to three years of unlimited-mile protection for a fee, which is appealing. In October, shoppers interested in a CPO C-Class can get a good deal: Mercedes-Benz is offering 3.49 percent interest for up to 36 months on all CPO 2014-2016 C-Class models.
For this month, Nissan's CPO program is also offering two strong incentives designed to entice car buyers. The best deal is for qualified shoppers looking to finance a car, as Nissan is offering 1.95 percent interest on all CPO models for up to 36 months, or 3.99 percent for up to 72 months. But shoppers looking for cash back can also get a good deal, as Nissan is offering up to $450 cash back on certain models.
To see Autotrader's full coverage of the CPO programs mentioned and available inventory, please visit https://www.autotrader.com/car-deals/cpo-deals-october-2017-269645. Helpful during the shopping process, Autotrader's easy and convenient Save Car tool will keep an eye on the vehicles consumers have saved, and can send email or text alerts with important details like if the price has dropped, new incentives offered like cash back rebates, zero percent financing and more.
About Autotrader Autotrader connects with more actual car buyers than any other third-party listing site, with the most engaged audience of in-market shoppers. As the foremost authority on automotive consumer insights and expert in online and mobile marketing, Autotrader makes the car shopping experience easy and fun for today's empowered consumer looking to find or sell the perfect new, used or Certified Pre-Owned car. Using technology, shopper insights and local market guidance, Autotrader's comprehensive marketing solutions guide dealers to personalized digital marketing strategies that grow brand, drive traffic and connect the online and in-store shopping experience.
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About Cox Automotive Cox Automotive Inc. is transforming the way the world buys, sells and owns cars with industry-leading digital marketing, financial, retail and wholesale solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. Committed to open choice and dedicated to strong partnerships, the Cox Automotive family includes Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, vAuto®, Xtime® and a host of other brands. The global company has 32,000-plus team members in more than 200 locations and is partner to more than 40,000 auto dealers, as well as most major automobile manufacturers, while engaging U.S. consumer car buyers with the most recognized media brands in the industry. Cox Automotive is a subsidiary of Cox Enterprises Inc., an Atlanta-based company with revenues exceeding $20 billion and approximately 60,000 employees. Cox Enterprises' other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.