When looking at the value that a certified pre-owned warranty brings to the table, it's important to assess specific parts of this kind of specialized warranty to see if the CPO used car warranty from the manufacturer is worth the price tag. A transferable CPO for manufacturer inspected cars will help with the resale value of a vehicle if the owner needs to sell it during the term of coverage.
General Transferability for CPO Deals
A look at some featured pre-owned programs from a variety of auto makers shows that many of these coverage offers are transferable to subsequent owners, subject to the specific terms of the agreement. Auto makers like Buick, Chevrolet, Ford, Pontiac and many others offer certified pre-owned warranties that are transferable. However, it's always important to go over the fine print of transfer options for a CPO deal and include that in consideration of the added value these extra safeguards provide.
Other Valuable Aspects of CPO Warranties
The possibility of transfer to a new owner is only part of what legitimate certified pre-owned warranties add to a car or truck owner's bottom line. Those who purchase vehicles with these kinds of certifications know that they have been thoroughly inspected by the manufacturer to meet standards that will have the vehicle functioning well longer into the future. A true CPO warranty is portable and honored by any dealerships that work with the auto-maker. Be sure to distinguish these from other third-party warranties that are only backed up by an outside dealership or business. Too often, certifications without the manufacturer's seal of approval prove unreliable when the business backing them make a change or closes their doors.