When we say used car, images of old, rusty vehicle instantly come to mind. That was then. Now, the term used car is hardly used. It has been replaced by CPO or certified pre-owned vehicles that refers to cars that have been used before by a legitimate owner.

The question whether to buy a new car or a CPO is a judgment call on our part. For one, buying a CPO means you’ll get to have a latest model that is about two to three years old at half the price of a brand new one. It certainly saves one a lot of money.

Second, the investment you put into a new car becomes all the more worthy when you put it into a used car. CPOs usually have good warranties and roadside assistance, among other perks. At the end of the day, it’s your preference that still matters.

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