Tag: cpo

What to know about CPO: Get the lowdown on certified pre-owned vehicles

Since cars lose as much as 19 percent of their value to depreciation after just one year of ownership, it’s possible to net big savings by purchasing a used vehicle. However, there is quite a bit of variance in the used cars that are on the market. Some are very old and have heavy mileage, with lots of wear and tear. On the other end of the spectrum, some used cars are newer, meticulously maintained, and in pristine condition.