Certified Pre Owned Car vs Used Car

Certified Pre Owned Cars in Mumbai

When it comes to buying used cars, there are basically two options to buy used cars in mumbai, with a new one that is fast gaining popularity – buying a used car from the dealer, buying a used car from a private party and the new concept of buying a certified used car. Many people are very confident of the differences between a certified and a non-certified pre owned car and the pros and cons of each. In order to arrive at the best decision while purchasing a used car, it is very important to be kept in mind these concepts and their meanings, so that you can be certain to buy the best car for your money.

Also read: 5 of the most fuel-efficient cars within INR 6 lakhs

A certified pre owned car is a used vehicle that has undergone rigorous inspections as well as the original car maker’s quality check process to make sure that it meets all the original requirements. Most of these cars are also backed by a limited warranty program and has a stamp of approval from the manufacturer.

Demand in Certified Used Cars

This stamp of approval is what makes these certified cars so much in demand. It gives the car buyers that peace of mind to know that the car has been inspected over and checked thoroughly by a mechanic from the manufacturer’s end and has come out clean.

They often have a 150-point inspection list, which is used to certify the used vehicle. Once the car is approved, the certification will include warranty and some additional features like special financing options, roadside assistance and free oil changes etc. These certified cars are often trade-ins cars which are off-lease and have travelled fewer miles and are relatively less worn out. However, certified cars are certainly more expensive than non certified cars.

Certified Pre Owned premiums are still flying high

The car makers often adjust the price in a range of 2% to 8% higher than the average price of the car, but in spite of this, thanks to their popularity in recent times, Certified Pre Owned premiums are still flying high. But this can actually be too taxing for the car buyer – sometimes a brand new car can cost the same as what the manufacturer might be quoting for a Certified Pre Owned. Lastly, although the manufacturer has already checked the car and certified it, you should again take it to your own car mechanic to ensure that it is indeed in prime condition.

Money Negotiation

On the other hand, buying a non certified pre owned car means that we can save more money and negotiate harder to get it at a lesser price. But it needs us to believe that the car seller is being honest about the history of the vehicle.

Also read: Best used cars that you can opt within INR 3 lakhs

If we make the right moves of doing proper and extensive research work and get the used car inspected by a trusted mechanic, it can bring us the same peace of mind as it would for a certified used car. But there is no law to protect us if we eventually fall into buying a scrap. This is the downside of the non certified cars