
Used car incentives for certified pre-owned cars, trucks, and SUVs offer significant savings in April. The third government stimulus check plus the prospect of a tax refund could help make it easier to afford a used car. In some cases, you can expect to find rates as low as 0.99% APR.
Sadly, used car prices near you may be high due to an inventory shortage. In some cases, what constitutes a "good price" may differ from what you expect. Here's a roundup of some of the best CPO car deals we found in the month of April. Brands are listed in alphabetical order below.
This Month's Best CPO Car Rates & Deals
Manufacturer | Best Rate | Eligible Models | Listings |
Buick CPO Deals | 0.9% APR for 36 months | Buick Encore | Buick Used Listings |
Cadillac CPO Deals | 2.9% APR for 60 months | Most Cadillac Models | Cadillac Used Listings |
Chevrolet CPO Deals | 0% APR for 72 months | Chevy Bolt EV, Volt | Chevrolet Used Listings |
GMC CPO Deals | 1.9% APR for 36 months | GMC Terrain | GMC Used Listings |
Infiniti CPO Deals | 2.99% APR for 72 months | 2016-2021 Used Infiniti Models | Infiniti Used Listings |
Lexus CPO Deals | 1.9% APR for 60 months | 2017-2018 IS/ES/NX | Lexus Used Listings |
Mercedes-Benz CPO Deals | 1.99% APR for 36 months | Most 2017-2019 Mercedes models | Mercedes-Benz Used Listings |
Subaru CPO Deals | 0.99% APR for 48 months | Most 2018-2021 Used Subaru Models | Subaru Used Listings |
Toyota CPO Deals | 0% APR for 72 months | Toyota Mirai | Toyota Used Listings |
Volkswagen CPO Deals | 0.99% APR for 60 months | 2018-2021 Jettas & Tiguans | Volkswagen Used Listings |
Most offers end April 30, 2021.
Getting The Best Deal On A Certified Used Car
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.