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What are Pre-owned Cars?

What are Pre-owned Cars?

Posted On 10 Jan, 2018

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When looking for a used car to purchase, you must often come across the term ‘pre-owned cars’. You might think that used and pre-owned mean the same thing. However, these two terms differ in definition and application when talking about cars. Hertz Rent2Buy is here to simplify this confusion for you.
 
What are pre-owned cars?

Pre-owned cars are usually two-to-three year old vehicles that have never been through auctions; they've just been returned to the dealer at the end of its respective lease. When the dealer acquires a used car, they will put that car through a rigorous inspection program administered by a factory certified mechanic. If the car is able to meet the manufacturer's pre-owned car qualifications, it is offered for sale as a pre-owned vehicle.

Here’s all the information you need about pre-owned cars:

1. A certified pre-owned car is one that has previously been owned, usually with no more than 60-80,000 miles and no older than five to seven years (the time and mileage warranties could vary from manufacturer to manufacturer). Pre-owned cars are backed by the original manufacturer, subjected to a rigorous, multi-point inspection, and come with an extended warranty from the original date of service. While a used car is sold only by the previous owner, you can choose a pre-owned car from the manufacturer or a dealer of pre-owned cars.

2. A pre-owned car comes with a complete inspection that repairs any damaged or worn parts before being offered for sale. To get the same service when buying a used car, the buyer must pay for an inspection and for usually any subsequent repairs. A pre-owned car includes an extended warranty, a limited bumper-to-bumper warranty, and a number of other services.

3. A pre-owned car is certified by the dealer and is in accordance with the manufacturer's specifications & requirements. Even though the dealer does the inspection and any repair work that may be needed, the car is fully backed by the manufacturer just as if it were being as a new car.

Certified pre-owned cars present an attractive alternative to buying a higher-priced new car. For lesser money, you can go for a car that feels almost new. The added advantage here is that you can now go for a higher model of a car or a luxury car now that you’ve saved money by choosing a pre-owned car over a brand new one.

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