Clearing Up Basics of Certified Preowned Cars

Within the world of used cars, the term “certified preowned” has begun to take on a very exclusive feel. Also called CPOs, these cars are generally more expensive and considered the highest standard for a used car.

At Auction Direct USA, we have a wide selection of certified preowned cars along with other used vehicles. We’ve found that many of our customers don’t fully understand what this term means when we use it, and what standards a CPO vehicle is being held to. Here’s a primer on some of the basics here.

Certified Criteria

As the name suggests, CPO involves someone certifying the vehicle in question. This certifier is using a set of standards or criteria to carry the CPO label. Where many folks become confused is in which set of standards is being used.

At a brand-name dealership, the manufacturer sets CPO standards – each vehicle of its make will have its own criteria. Ford has a 172-point inspection, for instance, and many manufacturers also include a mileage factor. Chrysler, for instance, requires that a vehicle is under five years old and has fewer than 75,000 miles for it to even be considered as a CPO vehicle – and this is before the rest of the inspection.

Independent Programs

Independent used car dealerships have also developed their own CPO programs by devising a set of standards that can be applied across all makes of vehicles. These standards and applied processes will be different from a manufacturer, but if the dealership holds itself to high standards in general, the quality here will be just as high. Good independent dealerships should be willing to share their standard for certification with you, so you can determine if their CPO vehicles are good enough to justify raised prices.

Best Alternative to New Car

As long as you’re using a reputable vendor, a CPO vehicle is the highest-quality option available as an alternative to a brand new car. They meet a rigorous set of standards, and are very close to new in many cases – but with a lower price tag. As long as you’ve done your research on the standards applied, you can feel confident you’re getting a great car when you shop CPO.

For more on certified preowned cars, or to learn about any of our used car selection, speak to the pros at Auction Direct USA today.

Used Car Buying Tips for Grads

Top Five New Grad Used Car Buying Tips!

Whether your child is graduating from high school or from college, used car buying tips can be helpful when choosing just the right pre owned car for your new grad!

First, and most important, is get some input from your grad-to-be.  Just like buying a pet for a significant other, it’s good to know if you’re buying for a cat-lover or a cat-hater before you bring it home with a bow!

If you want it to be a surprise, there are ways to get the info you need: point out cars the next time you’re on a drive with comments like “that Honda looks pretty good…what do you think?” or “if you were going to buy another car, what would it be?”

Second, once you’ve narrowed your choices, start ranking them in terms of safety – focusing on those that have high crash rating and safety marks from the National Highway Traffic Safety Administration (NHTSA) or from the Insurance Institute for Highway Safety (IIHS).

Third, check out Consumer Reports, Edmunds and other reviews for information about the used car’s reliability.  This is definitely something worth checking, especially for college-bound graduates who are moving away from home.

Fourth, look for a fuel-efficient vehicle.  Even though gas prices have fallen over the last year, one hiccup in the Middle East can change that overnight. Bear in mind that four-cylinder engines typically (but not always) offer the best fuel economy.

Fifth, check insurance rates on the models you’re considering.  Whether you’re picking up the insurance tab or they are, it’s good to know before you buy.

At Auction Direct USA, we have a great selection of pre owned vehicles – and all go through an 85-point safety check before they ever reach our lot.  We’re excited for your graduate – and hope you’ll trust Auction Direct USA with the used car purchase for your new grad!

Hottest Selling Used Cars

Hottest Selling Used Cars in America

The auto industry is keen on telling us how new-vehicles sale are doing, as are car reviewers and most of the publications and websites that focus on the industry.

But what about pre owned cars and trucks?

A year ago, the team at iSeeCars.com was able to glean that information by looking at the best-sellers of  2013 in the 20 largest U.S. cities coupled with information on the top pre owned cars buyers were searching for at dealerships and on websites.

Some will surprise you, though others may not if you’re already scouting for your next pre-owned car.

Pre Owned Cars of Interest

The venerable Honda Accord, which has been at the top of new-car sales for three decades and makes up 2.3 percent of the used-car market, takes the top honors as the most popular pre owned vehicle. The Toyota Camry came in at a close second and at nearly the same selling price, with the Nissan Altima rounding out the top three.  The average used sales price of all three Japanese entries was just over $15,000.

Known for its incredible gas mileage when it entered the market, along with its reliability and longevity on the road, the Honda Civic came in fourth at an average price just over $13,000.

Finally, an American-made car makes it to the most popular pre owned car list, with the Ford F-150 muscling in to round out the top five with an average resale price of about $22,300.  The Ford F-150 has also been the top-selling vehicle overall in America for 30 years.

A German manufacturer comes in at No. 6: The BMW 3 Series. BMW’s entry-level luxury sedan accounts for 1.6 percent of the pre owned market, with an average price of about $13,000.  That’s the same average price for a used Toyota Corolla, which comes in in seventh place.

Two Chevrolets, the Impala and Malibu, come in at eighth and ninth, respectively.  Reviewers at iSeeCars.com speculate that the Impala’s long-time use as a fleet vehicle may have helped it place on the list with the Malibu, Chevy’s midsize sedan.  Their average sale price was in the range of $11,000 to $13,000

Finishing the top-10 most popular pre owned  list was the Ford Escape, accounting for about 1 percent of the pre owned market and fetching an average price of about $17,500.

It’s an interesting list, but every pre owned car buyer probably has a personal favorite – and you’re sure to find yours Auction Direct USA.

We have a wide selection of the best used cars, trucks, SUVs and crossovers available on the used car market today.  And if we don’t have it on the lot, we can usually find the vehicle you’re looking for at one of our other locations and get it to you in no time.

But we’re most proud of the hassle-free buying experience we offer at Auction Direct USA – where none of our salespeople are on commission. That makes for an easy buying experience you won’t find at the traditional franchised dealership. And you’ll find the same atmosphere if you’re trading in a vehicle or need to use our service department at any time down the road.

So whether you’re looking for one of the most popular pre owned cars in America, or another make and model that better fits your lifestyle, visit Auction Direct USA.  You’ll be surprised at how easy buying your next vehicle can be.