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Autotrader Honors High Licensed Pre-Owned Car Packages from Luxurious, Non-Luxurious Automakers in 2021 |

ATLANTA, June 3, 2021 /PRNewswire/ — For automotive consumers looking for the peace of thoughts that comes with shopping for a…

By Staff , in Car Rentals , at June 3, 2021


ATLANTA, June 3, 2021 /PRNewswire/ — For automotive consumers looking for the peace of thoughts that comes with shopping for a brand new automotive however pricing that aligns nearer with shopping for used, a Licensed Pre-Owned (CPO) automobile is a good answer. CPO automobiles are used fashions which were licensed by the automaker after present process a rigorous inspection, carrying safeguards like extra factory-backed warranties and different benefits. With practically each auto producer providing a CPO program, it may be tough for shoppers to know which manufacturers provide probably the most advantages. As a result of not all CPO applications are created equal, the consultants at Autotrader lately evaluated all of the CPO applications in the marketplace and decided the automakers presently providing the Finest CPO Packages in 2021 are Lexus (amongst luxurious manufacturers) and Kia (amongst non-luxury manufacturers).

The consultants at Autotrader decided the automakers presently providing the Finest CPO Packages in 2021.

 Totally different carmakers have totally different requirements for his or her CPO applications, however most licensed automobiles have decrease mileage and are newer mannequin years. Past further factory-backed guarantee protection, CPO automobiles can provide varied value-adds like particular financing, 24-hour roadside help, free scheduled upkeep visits, free loaner automobiles throughout repairs, trip-interruption reimbursement and extra. Though the small print of warranties and different perks range from model to model, the concept behind each automaker’s CPO program stays the identical: present some extra safety and peace of thoughts. Whereas shopping for CPO prices a little bit extra, for a lot of used-car patrons it’s cash well-spent.

“With used-car costs on the rise and new-car stock scarce, proper now it makes a variety of sense to think about an authorized pre-owned automotive or truck,” stated Brian Moody, government editor for Autotrader. “Autotrader expects the costs of used automobiles to stay increased than ordinary for the rest of 2021, so the hole between a typical used-vehicle worth and a CPO worth is narrowing. Consumers can view these present market situations as a bonus, as shopping for CPO contains a number of advantages above and past buying a non-certified used automotive.”

After evaluating every out there CPO program presently in the marketplace, Lexus and Kia emerged as one of the best amongst luxurious and non-luxury manufacturers, respectively.

Autotrader’s Finest Licensed Pre-Owned Luxurious Program of 2021: Lexus L/Licensed

Hitting all of the excessive notes, Lexus L/Licensed leads the best way amongst luxurious CPO applications as a result of absence of a mileage cap for its added CPO guarantee, along with this system’s different sturdy options. To qualify for Lexus L/Licensed, a automobile have to be not more than six years outdated, have not more than 70,000 miles on the odometer, cross a factory-supervised 161-point inspection, and have a clear vehicle-history report.

L/Licensed stands out for its CPO guarantee including two years with limitless mileage protection to no matter stays of its unique four-year/50,000-mile new-car guarantee. That is a complete of six years/unlimited-mile restricted bumper-to-bumper and powertrain protection from the new-car buy date. Different highlights of the Lexus L/Licensed program embody: 24-hour roadside help, loaner automotive coated throughout repairs, and trip-interruption allowance offering reimbursement for meals, a rental automotive ($50 per day for as much as 5 days), and lodging (as much as $200 per night time for as much as three nights). Rounding out the perks are 4 scheduled-maintenance visits.

Autotrader’s Finest Licensed Pre-Owned Non-Luxurious Program of 2021: Kia Licensed Pre-Owned

After weighing all points of Kia’s CPO program, it rose to the highest amongst non-luxury automakers in a really aggressive market. Kia’s stellar powertrain guarantee and the truth that the CPO protection is transferable gave the model its leg-up on the competitors to win this yr’s honor. Kia’s CPO protection will be transferred to a different personal proprietor for a $40 charge. For a used automotive or SUV to qualify for Kia’s CPO program, it have to be not more than 5 years outdated, have not more than 60,000 miles on the odometer, cross a 173-point inspection, and have a clear vehicle-history report.

Kia’s CPO program stands out because of its industry-leading 10-year/100,000-mile powertrain guarantee. When a Kia mannequin passes from its unique proprietor, its powertrain guarantee is diminished to 5 years/60,000 miles from the unique new-car buy date. Nevertheless, Kia reinstates the unique 10-year/100,000-mile powertrain guarantee for its CPO automobiles and SUVs. As well as, Kia offers its CPO automobiles with a one-year/12,000-mile restricted bumper-to-bumper guarantee starting on the CPO sale date (requiring a $50 deductible for every coated restore). Together with the additional guarantee protection, Kia’s extra CPO program perks embody: 24-hour roadside help, as much as 10 days car-rental allowance of $35 per day for coated repairs, restricted trip-interruption reimbursement of as much as $500 for 5 days, and a three-month satellite tv for pc radio subscription.

Autotrader recognized the 2021 Finest Luxurious and Finest Non-Luxurious CPO Packages based mostly on a sequence of things, together with powertrain guarantee size, out there stock, bumper-to-bumper guarantee protection, particular financing phrases, highest quantity and broadest attainable spectrum of CPO automobile varieties and worth ranges presently listed on the market, and ease of understanding guarantee general.

For extra details about shopping for CPO, together with particulars about producer CPO applications, up-to-date CPO automobile listings on the market in your space and extra, go to https://www.autotrader.com/car-shopping/best-certified-pre-owned-programs.

For extra data and information from Autotrader, go to press.autotrader.com, observe us on Twitter at https://twitter.com/Autotrader_com (or @Autotrader_com), Instagram at https://www.instagram.com/autotrader_com/ (or @autotrader_com), like our web page on Fb at https://www.fb.com/autotrader/, and LinkedIn at https://www.linkedin.com/firm/autotrader-com.

About Autotrader

Autotrader is probably the most acknowledged third-party automotive listings model, with probably the most engaged viewers of in-market automotive consumers. Because the foremost authority on automotive shopper insights and knowledgeable in on-line and cellular advertising and marketing, Autotrader makes the automotive buying expertise simple and enjoyable for immediately’s empowered automotive shopper seeking to discover or promote the right new, used or Licensed Pre-Owned automotive. Utilizing expertise, shopper insights and native market steerage, Autotrader’s complete advertising and marketing and retailing options permit shoppers to construct their deal on-line, and information sellers to customized digital advertising and marketing methods that develop model, drive visitors and join the net and in-store buying expertise. Autotrader is a Cox Automotive™ model. Cox Automotive is a subsidiary of Cox Enterprises. For extra data, please go to http://press.autotrader.com. 

About Cox Automotive

Cox Automotive Inc. makes shopping for, promoting, proudly owning and utilizing automobiles simpler for everybody. The worldwide firm’s greater than 27,000 group members and household of manufacturers, together with Autotrader®, Vendor.com®, Dealertrack®, Dickinson Fleet Companies, Kelley Blue Guide®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are obsessed with serving to tens of millions of automotive consumers, 40,000 auto supplier shoppers throughout 5 continents and lots of others all through the automotive {industry} thrive for generations to come back. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based firm with annual revenues of practically $20 billion. www.coxautoinc.com

 

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