Advantages of Buying a Certified Pre-owned Vehicle

Before you visit a Toyota dealer for a new or used car, it would be smart to discover the advantages of buying a certified pre-owned Toyota. According to AutoNews.com, Toyota is still the number one brand for pre-owned vehicle sales. Buying a pre-certified Toyota from a dealership has the lowest risk for buying a used car. 

Gloucester Toyota’s dealership offers an entire Toyota Certified Program Benefits package that includes a 12-month/12,000-mile comprehensive warranty along with a 160-point minimum quality assurance Inspection. This means the Toyota vehicle has been examined and reconditioned to make sure these late-model and low-mileage vehicles are in top-notch condition. Only those vehicles in the best condition will qualify for Gloucester’s program, including mileage and age limits.

Benefits of a Certified Pre Owned Toyota

Pre-owned costs less

The number one benefit of buying a pre-certified Toyota is the cost-savings. For example, Kelly Blue Book compared the price difference between a new or a used car and found that on average a new car costs more than $37,000, while the equivalent used car price is around $20,000. If you’re willing to drive a car, truck, or SUV that’s only a few years old, then it could be worth it to get much more bang for your buck.

The cost of a buying a certified pre-owned car is so significant that it offsets the cost of luxury trim packages, more engine power, or a better model.

Reconditioned by a Toyota dealer

Reconditioning is not the same as detailing a used car – which means the car is cleaned to look like it’s new. A Toyota vehicle that has been reconditioned by the dealership may have some new engine parts, the body may have had scratches and dings repaired, and most importantly diagnostics has been run on the car to verify all electronic and safety features are operating correctly.

Most reconditioned cars are repaired by Toyota factory-trained technicians and given a facelift to look just as good as a new car. You can expect a fresh interior, spotless exterior, and multi-point inspection, usually with over 100 specific items that have been tested.

Dealership extended warranties

Unlike other used car purchases that have a very limited warranty, a Toyota pre-certified vehicle from Gloucester Toyota gives every new owner a 12-month/12,000-mile Comprehensive Warranty, and a 7-year/100,000-mile Limited Powertrain Warranty. A comprehensive warranty is also referred to as a “bumper to bumper warranty”. That means a lot more systems are covered, except wear and tear items like tires and brake pads.

Toyota’s comprehensive warranty covers any repair or replacement of components that fail under normal use due to a defect in materials or workmanship. This includes mechanical failure of original parts installed by either the manufacturer or the dealership.

Low-interest financing

Certified pre-owned Toyota vehicles will typically qualify for lower interest rates when financed through a lender. Often, these rates are equal to the interest rates given on new car purchases. The benefit to you is a lower monthly payment rate and fewer years to pay off the car. You not only save money on the reduced price of the car, but you also save money over the life of the loan.

Purchasing a pre-certified used car can give a significant boost to your credit score and even a 1% drop in the interest rate means a lower monthly payment.

Takeaways

• Research shows about $17,000 difference between a new and certified pre-owned vehicle.
• Toyota is the number one most popular car sold as pre-certified used and maintains a high resale value.
• A comprehensive warranty covers most mechanical and electrical repairs or replacement of components.

Visit us at Gloucester Toyota. Now is the best time for buying a certified pre-owned car because we have an excellent inventory of certified vehicles and a long list of program benefits. We accept trade-ins, offer a free CARFAX® Vehicle History Report, and an Extended Warranty Coverage which includes 1 year of Roadside Assistance and 160-Point minimum Quality Assurance Inspection. Schedule your appointment with our experts and test drive your next car today.