When checking out some of the certified used programs available, here are some tips to insure your own peace-of-mind in the transaction:
Each program can boast well over a hundred points of inspection. It is safe to assume that the vehicle has been refurbished in these areas if it passed the inspection through to certification. The key to looking at these points is in identifying the major fixes that would have otherwise cost you a bundle. Remember, many of these points would be covered in a tune up, detailing or might even be part of a state safety inspection required for all used cars sold by dealers.
Each Certified Pre-Owned program offers a specific, non-negotiable warranty. When reviewing the warranties offered, research whether the particular model has a history of maintenance issues or transmission failures and make a judgment call from that perspective. If the brand of the vehicle is known for quality and low maintenance, it might justify a shorter warranty.
Most programs offer an extended warranty beyond the CPO warranty, but each program differs in cost and features. You also may want to research whether the vehicle still has any of the original warranty left on it -- this will only add to the length of the warranty overall.
One of the most unique features of Certified Pre-Owned vehicles is that finance and lease deals are being extended to a used vehicle - which was virtually unheard of in the past.