You’re in the market for a reliable, certified pre-owned vehicle to add to your growing family or to replace an older car. Acura of Johnston in Johnston has plenty of options for you thanks to our certified pre-owned inventory.
If you’ve already picked one from our herd and you’re ready to finance the purchase, one of the steps you need to take for car ownership is insurance. We’ll guide you through whether CPO car insurance is cheaper compared to new ones.
Yes, Certified Used Car Insurance Is Generally Cheaper
One of the perks of owning a certified pre-owned vehicle is that technicians bring them up to factory specifications as much as possible before they’re sold based on factory recommendations. They’re also five years old or newer. You’re getting a quality vehicle without a new car price. Because CPO vehicles are cheaper in value, they are cheaper to insure.
Why Is CPO Car Insurance Cheaper?
There are two main reasons why CPO car insurance is cheaper. First, insurance must cover the entire value of the car (not what a loan is worth). Cars depreciate over time as they’re driven, and every certified pre-owned car, no matter how good of a condition it’s in, will be cheaper than a new one. Second, older cars could (but not always) be cheaper to fix. Considering all of the technology in cars today, a bumper on a 2023 model might cost $3,000 to replace because of the sensors versus a 2018 model that might not have those sensors in them.
Another thing to consider is that not all CPO vehicles are the same. You still need to find a quality dealership that can say they are selling certified pre-owned vehicles in Des Moines.
What to Look for When Shopping for Certified Pre-Owned Vehicles
You need to know one main thing about certified pre-owned vehicles before you shop for a quality car: Only a manufacturer’s franchised dealer, like ours, can claim to sell actual certified pre-owned vehicles. Acura of Johnston can certify and sell Acura models that meet the manufacturer’s rigorous standards because our technicians are factory-trained. That way, you only receive a top-quality CPO car that’s still in near-perfect condition when you see it on our lot near Cedar Rapids.
Another thing to look for is any warranty on the vehicle. Because a CPO car has been brought back up to factory standards as closely as possible, some form of a warranty may still exist for it. You’ll have security knowing that some repairs might be covered instead of paying out of pocket in Waterloo.
Have more questions about certified pre-owned vehicle insurance? Contact us or call (515) 218-2213 for more information. We’re happy to help in any way we can.
