Ford CPO
Why CPO?
Cars.com conducted a survey of almost 900 shoppers online in
June 2012 who were about to purchase or who already had purchased a CPO
vehicle. Quality, reliability, and value were the top reasons why shoppers
considered/bought a CPO vehicle verses buying brand new.
CPO allows the shopper to get more features and options for
his/her money while not having to pay for a brand new vehicle and having a few
extra perks!
Current APR
Ford- 0.9%/36 months on all CPO Ford vehicles
Ford CPO has enhanced the 12 Month / 12,000
Mile Comprehensive Limited Warranty. The enhanced warranty will NOW be
effective from the EXPIRATION of the new-Vehicle Bumper-to- Bumper Limited
Warranty or the date of Certified Pre-Owned vehicle purchase, whichever comes
later.
Quote from a Team
Member on selling a CPO
Darren Cook, BDC Manager
I enjoyed selling CPO vehicle because it wasn’t just the
vehicle it was selling peace of mind for the customer. I knew that because of
the extensive warranty and mandatory inspection, that the CPO vehicle was
quality and that the customers wouldn’t have to worry about any service issues
for a long time other than routine maintenance service.
To be eligible for CPO:
less than 5 yrs old and less than 80 miles
Pass a 172pt inspection
What value you receive when you purchase a CPO:
Rental car provisions are 5 days at $30/day ($45/day for Lincoln )
24 hour road side assistance up to $100 tow and 2 gallons of
gas
Vehicle History Report from CarFax
7yr/100k mile warranty powertrain warranty starting in
service date. ($100 deductible)
12month/12k mile comprehensive warranty covering 500
components. (Stacked onto a 3yr/36k mile warranty)
Destination Expense allowed is $75 and $500 trip
reimbursement.
Special APR rates
Up to date service maintenance so that you are spending
little to no money out of pocket right after delivery
The 4 required CPO documents that customers get:
Vehicle History Report
172 point inspection
Sign copy of the warranty
Sign copy of the delivery checklist
If you buy a pre-owned vehicle, how much do you expect to
pay for a 7yr/ 100k mile warranty? ($2000)
Road side assistance ($600)
Trip reimbursement (peace of mind on vacation) ($200)
Reconditioning to ensure longevity ($800)
So, somewhere around 3600? Value at no charge if you buy a
Certified Pre-Owned Vehicle! Is it worth it to you?
Questions to ask if
your shopping for a vehicle-
Who inspected the vehicle?
Is there a Vehicle History Report?
What is the factory backed service contract?
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