My thoughts came up after reading a recent post where someone had a CPO car under warranty with a failure that may or may not be a wear item.
Is CPO just a more expensive used car or is it a great deal compared to buying new?
Reason I ask is I'm still considering a CPO Explorer I found at a nearby Ford dealer that seems like a good deal. I've never bought anything with a warranty before, always well used. My Escape did come from this same dealer many years ago and it's been a fantastic car. But that was at 60K miles, as-is, no warranty. Other than that I've always bought older very well used vehicles.
Ford's CPO drivetrain warranty is 100K/7Y vs new cars only get 60K/5Y. But, if it would come to a warranty claim under CPO, are you at a disadvantage when compared to being the first owner of a new car? Is it likely they will try to wiggle out of it? Or will they treat you just the same as if you bought the car new?
Does anyone have any positive or negative experiences with their CPO vehicle of any brand, of course if you have experience with the Blue Oval CPO program I'd love to hear it. This is what Ford says about their "Gold Certified" CPO program:
Is CPO just a more expensive used car or is it a great deal compared to buying new?
Reason I ask is I'm still considering a CPO Explorer I found at a nearby Ford dealer that seems like a good deal. I've never bought anything with a warranty before, always well used. My Escape did come from this same dealer many years ago and it's been a fantastic car. But that was at 60K miles, as-is, no warranty. Other than that I've always bought older very well used vehicles.
Ford's CPO drivetrain warranty is 100K/7Y vs new cars only get 60K/5Y. But, if it would come to a warranty claim under CPO, are you at a disadvantage when compared to being the first owner of a new car? Is it likely they will try to wiggle out of it? Or will they treat you just the same as if you bought the car new?
Does anyone have any positive or negative experiences with their CPO vehicle of any brand, of course if you have experience with the Blue Oval CPO program I'd love to hear it. This is what Ford says about their "Gold Certified" CPO program:
GOLD CERTIFIED VEHICLE SPECIFICATIONS
- Ford models up to 6 years old with less than 80,000 miles
- Passed a thorough 172-point inspection
- 12-Month/12,000-Mile (whichever comes first) Comprehensive Limited Warranty1
- 7-Year/100,000-Mile (whichever comes first) Powertrain Limited Warranty1
- 14-Day/1,000-Mile (whichever comes first) Money Back Guarantee2
- 24/7 Roadside Assistance3
- 22,000 FordPassTM Rewards Points4 to use toward your first two maintenance visits