Used Cars vs. Certified Pre-Owned Vehicles: Understanding The Differences

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Used Cars vs. Certified Pre-Owned
VehiclesUnderstanding The Differences
Jack Key Auto Group El Paso, Texas
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Certified Pre-Owned A Commitment To Quality

• When auto consumers purchase a used vehicle, they
  take a gamble. There are few, if any, guarantees
  of reliability or durability. Certified pre-owned
  vehicles offer auto consumers used car prices
  with new car guarantees.
• Certified pre-owned vehicles undergo rigorous
  inspections and are certified to be in excellent
  working order, with any problems repaired by the
  dealer. Certified pre-owned vehicles may also
  come with a dealer or manufacturer warranty.

Jack Key Auto Group El Paso, Texas
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Why Used Cars Are Popular

• Theres a vibrant market for used vehicles in the
  U.S. Each year, auto consumers in the U.S.
  purchase more than 40 million used cars, more
  than three times the number of new vehicles sold.
  Consumers like used cars because
• Theyre less expensive than new vehicles.
• Value depreciation is less for a used car than a
  new car.
• Customers who could only afford a base level new
  car can get a better quality used product.

Jack Key Auto Group El Paso, Texas
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What Is A Certified Pre-Owned Vehicle

• A certified pre-owned vehicle is a used car that
  has been through a rigorous inspection process.
  Car dealers or manufacturers perform multi-point
  inspections and make needed repairs before
  certifying the vehicle. Certification gives the
  buyer increased confidence in the reliability of
  the vehicle.

Jack Key Auto Group El Paso, Texas
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Growing Popularity
According to J.D. Power and Associates, sales of
certified pre-owned vehicles have grown by more
than 46 percent since 2000. Buyers of certified
pre-owned vehicles like the increased confidence
the inspection and certification of these
vehicles provides. Pre-owned vehicles also retain
value better than traditional used cars, another
major selling point for these vehicles.
Jack Key Auto Group El Paso, Texas
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What The Inspection Covers

• Most certified pre-owned vehicles undergo a
  100-point inspection. Among items inspected are
• Engine
• HVAC systems
• Braking
• Steering
• Hybrid components
• Tires suspension
• And more

Jack Key Auto Group El Paso, Texas
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Warranties
Many pre-owned certified vehicles come with
warranties. Before buying a pre-owned certified
vehicle, look into what the warranty covers as
some are more extensive than others. Also check
into whether the warranty is a manufacturer or
dealer warranty. Manufacturer warranties tend to
be more comprehensive.
Jack Key Auto Group El Paso, Texas
Jack Key Auto Group El Paso, Texas
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Advantages of Pre-Owned Certified Over Used Cars

• Pre-owned certified vehicles may have several
  advantages over used cars, including
• Greater resale value.
• Greater reliability.
• Warranty.
• Less cost of ownership due to fewer repair needs.
• Potential access to dealer amenities (shuttle
  service, rentals, etc.) typically reserved for
  new car buyers.

Jack Key Auto Group El Paso, Texas
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Dos And Donts

• When purchasing a pre-owned certified vehicle,
  its important to do your homework to make sure
  youre getting the best possible deal. Be sure to
  ask
• What did the inspection cover?
• Is the certification from the dealer or
  manufacturer?
• Is there a guarantee on inspected items?
• What amenities you receive for buying a pre-owned
  certified car?
• Is there a warranty available?

Jack Key Auto Group El Paso, Texas
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About Jack Key Auto Group

• Jack Key Auto Group has served the West Texas and
  Southern New Mexico areas for more than 27 years,
  providing local residents with competitive prices
  and exceptional services. The Jack Key Auto Group
  includes Chrysler, Jeep, Dodge Ram Nissan Ford,
  Lincoln Kia Honda and Chrysler Jeep
  dealerships. With helpful service and easy
  financing, our dealerships are the go to
  providers of affordable, quality vehicles. For
  more information visit http//www.jackkey.com.

Jack Key Auto Group El Paso, Texas