Best Certified Used Car Deals: July 2021

By

Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

, Senior Pricing Analyst - July 12, 2021

The best certified used car deals in July 2021 feature interest rates as low as 0% APR. Unfortunately, shoppers should expect used car prices to be higher than normal due to an inventory shortage.

If you know where to look, CPO car deals can help save you money. Unlike normal used vehicles, choosing a factory-certified car, truck or SUV can get you access to lower financing rates and the peace of mind of a warranty.

This Month's Best CPO Car Rates & Deals

Manufacturer Best Rate Eligible Models Listings
Honda CPO Deals 0.99% APR for 36 months 2017-2021 Used Honda HR-Vs, Accords Honda Used Listings
Infiniti CPO Deals 1.99% APR for 36 months 2016-2021 Used Infiniti Models Infiniti Used Listings
Lexus CPO Deals 0% APR for 36 months 2017-2019 Used Lexus ES (Southern U.S.) Lexus Used Listings
Mercedes-Benz CPO Deals 1.99% APR for 36 months Most 2018-2020 Used Mercedes models Mercedes-Benz Used Listings
Subaru CPO Deals 1.49% APR for 48 months Most 2018-2021 Used Subarus Subaru Used Listings
Toyota CPO Deals 1.99% APR for 60 months Used Corollas, Camrys, RAV4 (Socal) Toyota Used Listings
VW CPO Deals 1.99% APR for 36 months All CPO VW Models VW Used Listings

Back to top

How To Get The Best Deals On Used Cars

Odds are you're already aware that dealers near you have a mix of both certified and non-certified pre-owned cars in stock. However, what may not be obvious is the fact that dealer-certified and manufacturer-certified cars have different standards. Most importantly, manufacturer-certified cars qualify for special incentives.

This can often involve special financing rates. While used-car rates have traditionally been higher than new cars, recent deals have upended expectations. In some cases, you may find that it's nearly as expensive to finance a used car versus a new one. That said, the best used car rates feature shorter terms like 36 months.

While certified cars are generally more expensive than regular used cars, shoppers can benefit from the peace of mind of a manufacturer-backed warranty. We recommend seriously considering your priorities, whether add-ons like extended warranties make sense, and which brands are cheap, safe, and most reliable.

Brands like Toyota and Subaru can command high resale values. Although that's good for sellers, it can raise the cost of entry for buyers. In some cases, a new car may make a lot more sense. For example, used Toyota Tacomas have often been able to sell at a hefty premium due to their popularity among truck buyers.

Expect a certified car to cost roughly $1,500 to $2,000 more than a non-certified car. That may vary depending on the brand, plus factors like local supply & demand. In addition to the cost of certifying & reconditioning a used car, the value of a warranty may easily make the case for upgrading from a non-certified car.

Like a new car, a manufacturer's best rates are generally available to those with top-tier credit. Unlike the best APR deals on new cars, some of which can reach 0% APR for 84 months, used car promotions generally aren't as aggressive. While some brands do offer used car rebates, they tend to be extremely rare.

Our network of dealers can help you find the right car for your needs. If you're looking for a bad credit car loan, getting financed may not be as easy as you think. In addition to featuring a wide selection of makes and models, CarsDirect has dealers that are specially equipped to help those with subprime credit buy a car.

Search Used Car Listings Near You »

Back to top

, Senior Pricing Analyst

As CarsDirect’s resident pricing analyst, Alex offers must-know analysis of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured in publications such as Car and Driver, Motor Trend, Automobile Magazine and Autoblog.

Follow On: Twitter

Privacy Policy|Do Not Sell My Personal Information|Terms of Use|Cookie Policy|Disclaimer|
COPYRIGHT 1999-2021 MH Sub I, LLC dba CarsDirect.com