Find the Best Car Deals Near You ⤵
Best Bang for Buck Certified Used Cars
September 3, 2015
When purchasing a used car, many buyers opt for certified preowned (CPO). That means these vehicles have been inspected and certified by the manufacturer or dealership, and can sometimes add up to greater peace of mind for car shoppers.
But many shoppers worry that they will pay too high of a price premium for these vehicles. However, not all CPO programs are the same -- how can buyers know which are going to give them the most bang for their buck? BankRate.com has a list of the nine car brands that offer CPO vehicles with a price premium of less than $500 over what you would normally pay for a similar non CPO vehicle. Manufacturers on the list include Jeep, Ram, Subaru, and Honda. See below for the full list.
And when shopping for a used vehicle, I recommend using TrueCar No Haggle and CarsDirect to see the lowest prices in your local area.
Manufacturer | Avg. Premium Amount | Avg. % Premium |
---|---|---|
Jeep | $289 | 1.5% |
Dodge | $346 | 1.7% |
Ram | $354 | 1.2% |
Subaru | $378 | 1.9% |
Honda | $380 | 2.1% |
Mazda | $403 | 2.3% |
Chrysler | $426 | 2.8% |
Chevrolet | $430 | 2.1% |
Buick | $447 | 2.2% |
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.Latest Weekly Car Buying Tips
January 2025
- Top 100 Cheapest Lease Deals Jan 16, 2025
- All SUV Lease Deals Compared January 2025 Jan 16, 2025
- Cars With the Largest Rebates Jan 16, 2025
- Real Prices of New Compact SUVs Jan 16, 2025
- Best 0% Finance Deals January 2025 Jan 09, 2025
- Best Bang for Your Buck Lease Deals Jan 09, 2025
- Best Electric, Hybrid Lease Deals Jan 09, 2025
- Real Prices of Large SUVs Jan 09, 2025
- Best Car Deals by Category Jan 02, 2025
- Which Cars Better to Lease or Buy Jan 02, 2025
- Real Prices of Pickup Trucks Jan 02, 2025
- Largest Hidden Dealer Rebates Jan 02, 2025
December 2024
- New Cars with the Most Available Inventory Dec 26, 2024
- Top 100 Cheapest New Cars Right Now Dec 26, 2024
- Real Prices of Midsize SUVs Dec 26, 2024
- Cheapest Luxury Lease Deals Dec 26, 2024
- Biggest Discounts on New Cars December 2024 Dec 19, 2024
- Price Comparison of Subcompact SUVs Dec 19, 2024
- Real Prices of Compact Cars Dec 12, 2024
- Best Lease Deal Ever - $62 per Month Dec 05, 2024
- Real Prices of Midsize Cars Dec 05, 2024
I welcome your car buying questions. Email Me and I'll be glad to answer them!