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What Are Pre-Approved Cars?

What Are Pre-Approved Cars?

Posted On 12 Jan, 2018

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With the variety of terms used in the market for cars – used, pre-owned, pre-approved, certified pre-owned, etc., it is understandably difficult to differentiate one from another. Especially, when you’re looking to buy a used car. We’re here to help you out. We’re going to discuss the term pre-approved cars at length in this blog so that you can make your decision easily.

The aim of pre-approved cars is to clear all your doubts when you’re buying a used car, which often gets the better of customers and they end up choosing a new one instead. But it is to be noted that choosing a pre-approved car also comes at a cost. They are typically costlier than regular used cars but definitely cheaper than brand new ones.

Most car manufacturers offer pre-approved cars. Pre-approved cars aren’t quite different from CPOs (Certified Pre-Owned Cars). The name depends on the manufacturer’s choice. For example, Porsche uses the term ‘Approved Pre-Owned Cars’.

But what can you expect in a pre-approved car which isn’t available in a regular pre-owned car?

What you get in a pre-approved car, which isn’t available in a regular used car, is the manufacturer’s warranty.  A manufacturer’s list of pre-approved cars has the best-used cars that are available in the market under its name. You can expect to see low mileage, one-owner cars no more than 3 years old, and with a full dealer service history in these cars. These cars are taken to a process of approval according to the manufacturer’s standards before being put up on the list.

The approval process involves the meeting mileage, ownership, and age criteria, and each car is also subjected to a thorough inspection. Any faults or glitches detected at this stage will be rectified prior to the car being advertised. A history check will confirm that the car has not been involved in any insurance claims and does not have finance owed on it, and the mileage will also be verified. It will then be prepared according to the highest standards, so in most instances, it looks much like its brand new equivalent.

So, before choosing a new car as your next vehicle, don’t forget to take a look at the cheaper option of pre-approved cars.

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