The November certified pre-owned sales total fell more than 4% from November 2014, according to Autodata Corp., but year-to-date sales are moving nearly 9% higher with 2.33 million CPO sales through 11 months.
Luxury brands have been dominating the CPO market this fall. A ranking of automaker’s CPO programs puts a non-luxury brand at the top of list.
Edmunds.com has ranked the top eight CPO programs for this year, with two of the brands tying……..
- Honda and Mazda (tie)
- Jaguar and Land Rover (tie)
Hyundai took the top spot for a few reasons; one being that it offers 10 years of powertrain coverage instead of the typical seven-year plan for non-luxury CPO cars. It’s bumper-to-bumper coverage is also better by a year than typical CPO plans, and its roadside assistance programs is considered to be excellent.
Warranty coverage is essential for new and CPO vehicle sales. Edmunds.com thinks that apart from corporate partner Kia, no other automaker has a better CPO warranty program than Hyundai. Hyundai’s original new-car warranty is not transferable, so buying CPO is the only way to get that coverage.