August 30th, 2019 by


author photo BY AUTOTRADER
Sticker shock is fairly common when shopping for a new luxury vehicle. Even when the base price sounds affordable, tacking on an option package or two can really add up. We get it, though. There is a certain peace of mind that comes with a new car that just isn’t there when buying used. But, thanks to manufacturer-backed certified pre-owned (CPO) programs, it doesn’t have to be one or the other. You can save a few grand on a recent-model-year used car and still have the protection of a strong warranty. To qualify as CPO, these vehicles have been inspected and, where needed, refurbished according to the manufacturer’s guidelines.

No surprise that each carmaker’s CPO program is different and, frankly, some are better than others. Here we have sorted through the various luxury CPO programs (non-luxury “mainstream” brands are listed separately), parsing the mouse print and comparing the benefits. What we found is, there are several solid choices among the many certified pre-owned programs. We’ve separated out what we determined to be the 10 best. We picked the top CPO program, listing it first, and then listed the remaining nine in alphabetical order so these aren’t ranked.

Our picks are based on a set of criteria including powertrain-warranty length (with a minimum of 6 years/100,000 miles from the purchase date), available inventory, bumper-to-bumper-warranty length, transferability and additional perks with overall warranty length being the top consideration. Just to clarify, when warranties specify time (4-year) and miles (60,000-mile) interpret it as “either-or, whichever comes first.”

The Lexus certified pre-owned program, L/Certified, clocks another year as the best among luxury brands. The reason is simple: To the remaining balance of the original 4-year/50,000-mile bumper-to-bumper new-car warranty (which includes powertrain coverage), the CPO warranty adds 2 years and unlimited mileage. That works out to a total of six years with unlimited mileage. As you compare CPO warranties, you will discover “unlimited mileage” is fairly uncommon for vehicle warranties — although, there are a couple of CPO warranties on this list with unlimited mileage. However, many of those top out at five years despite the unlimited miles. This is a boon to owners who do a lot of driving in a short period of time. But, the L/Certified advantages don’t end there.

Lexus CPO vehicles also come with 4 free scheduled maintenance visits, which take CPO vehicles through 2 years/20,000 miles. Other benefits include complimentary loaner cars during covered repairs in excess of eight hours, free roadside assistance and trip interruption reimbursement of up to $200 for up to three nights with up to $50 per day rental-car allowance. The only downside to L/Certified is that it isn’t transferable, but there also isn’t a required deductible for repairs. Find a CPO Lexus for sale

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