Certified pre-owned (CPO) vehicles offer a good combination of new car features at used car prices. Before you start dealer hopping to find the certified pre-owned car of your dreams, here are three things you need to know about these vehicles to help you make the best car-buying decision possible.
There are Two Types of Certification
The first thing you should know is there are actually two types of certified pre-owned programs, and each type offers its own set of benefits and disadvantages.
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If you are expecting triplets, you'll are likely considering upgrading to a larger vehicle before the triplets arrive. After all, having triplets means needing three car seats and having enough room to store all of the essentials that are necessary when you have babies on board… and that doesn't even take into account any older children. Here's what you need to know.
Third Row Seats Are Dangerous
Many parents in your situation consider purchasing a vehicle with a third row seat, especially if there are older siblings.
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Getting a car loan is very easy to do if you have excellent credit and a good job. Unfortunately, there are many people that do not match this criteria. If you are self-employed and have credit that is less than stellar, you may have a little more trouble trying to qualify for a car loan. If you really need to buy a car and are self-employed, you might still be able to qualify for a loan, even if your credit is not great.
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Out of all the milestones in your child's life, including taking their first steps and going to kindergarten, none of them are as challenging for parents as seeing their child drive off alone for the first time. A teen getting their driver's license is one of the most bittersweet experiences a parent faces. It's bittersweet because it signifies that your child will soon be an adult, yet, at the same time, means that you no longer have to play taxi driver to get your child to his or her extracurricular activities and places he or she wants or needs to go.
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If you're considering purchasing a car through a private-party sale, make sure you test-drive the vehicle before buying it. There's no better way to see how a vehicle runs and handles than by test driving it, and it's especially important to take cars for a spin when they aren't being sold by an auto dealer that provides a warranty. You should only test-drive another person's car if you have adequate auto insurance, though.
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