Buying a car is a big decision that involves many factors, such as budget, preference, lifestyle, and needs. You want to get the best value for your money, but you also want to avoid the risks and hassles of buying a used car. How can you find the right balance between quality and affordability? One possible solution is to buy a certified pre-owned (CPO) Hyundai car.
A certified pre-owned Hyundai car is a gently used vehicle that has been inspected, repaired, and certified by Hyundai and comes with a manufacturer-backed warranty and other benefits. By buying a certified pre-owned Hyundai car, you can enjoy the advantages of a new car without paying the full price. You can also have peace of mind knowing that your car has been thoroughly checked and covered by Hyundai.
In this article, we will explore the benefits of buying a certified pre-owned Hyundai car, such as lower cost, newer models, low-risk purchase, warranty coverage, and more. We will also provide some tips on how to choose and buy a certified pre-owned Hyundai car. By the end of this article, you will have a better understanding of why buying a certified pre-owned Hyundai car is a smart choice.
Lower Cost
One of the main benefits of buying a certified pre-owned Hyundai car is that you can save a lot of money compared to buying a new car. A new car depreciates rapidly in the first few years of ownership, losing up to 30 percent of its value in the first year alone. A certified pre-owned Hyundai car, on the other hand, has already taken the initial depreciation hit, so you can buy it at a significantly lower price.
According to the data from TrueCar, the average price of a new Hyundai car in 2020 was $24,105, while the average price of a certified pre-owned Hyundai car was $16,216. That means you can save about $7,889, or 33 percent, by buying a certified pre-owned Hyundai car instead of a new one. Of course, the exact price difference will vary depending on the model, year, mileage, and condition of the car, but you can expect to pay less for a certified pre-owned Hyundai car than a new one.
Another way to save money by buying a certified pre-owned Hyundai car is to take advantage of the lower interest rates and discounts that Hyundai offers. Some certified pre-owned Hyundai cars are eligible for special financing rates, such as 4.99 percent APR for up to 48 months. You can also find coupons and incentives on the Hyundai website or from your local Hyundai dealer that can lower the price of a certified pre-owned Hyundai car even further.
Newer Models
Another benefit of buying a certified pre-owned Hyundai car is that you can get a newer model with the latest features and technology. Hyundai only certifies vehicles that are less than six years old and have less than 80,000 miles. That means you can find a certified pre-owned Hyundai car that is still in its current generation and has not been replaced by an all-new version.
For example, the Hyundai Sonata is one of the most popular models in the Hyundai lineup. The current generation of the Sonata was launched in 2020, with a sleek design, a spacious cabin, a hybrid option, and advanced safety and infotainment features. You can find a certified pre-owned 2020 Hyundai Sonata for as low as $17,995, which is much cheaper than the starting price of a new 2020 Hyundai Sonata, which is $23,600. You can also find a certified pre-owned 2019 Hyundai Sonata, which is still part of the current generation, for as low as $14,995.
By buying a certified pre-owned Hyundai car, you can enjoy the benefits of a newer model, such as better performance, efficiency, reliability, comfort, and style, without paying the premium price of a new car. You can also avoid the potential problems and recalls that may affect the first year of a new model, as they have been fixed by Hyundai before certifying the car.
Low-Risk Purchase
Buying a used car can be risky, as you may not know the history and condition of the car, or whether it has any hidden issues or defects. You may end up buying a lemon, a car that has serious problems that affect its value, safety, or usability. Buying a certified pre-owned Hyundai car, however, can reduce the risk of buying a used car, as you can have more confidence and trust in the quality and performance of the car.
A certified pre-owned Hyundai car has to pass a rigorous 173-point inspection by a Hyundai-trained technician, who checks the car for any mechanical, electrical, safety, or cosmetic issues. Any part that does not meet the Hyundai standards is repaired or replaced with genuine Hyundai parts. You can also get a free CARFAX vehicle history report, which shows the previous ownership, service, and accident records of the car. You can also request to see the inspection checklist and the repair records of the car from the Hyundai dealer.
By buying a certified pre-owned Hyundai car, you can avoid buying a car that has been in a major collision, has a salvage title, has been flooded, has been tampered with, or has any other problem that may affect its value or safety. You can also avoid buying a car that has been poorly maintained, has high mileage, or has outdated features. You can buy a certified pre-owned Hyundai car with peace of mind, knowing that it has been thoroughly checked and certified by Hyundai.
Warranty Coverage
One of the biggest advantages of buying a certified pre-owned Hyundai car is that you can get a comprehensive warranty coverage that protects you from any unexpected repair costs. A certified pre-owned Hyundai car comes with the following warranties:
- A 5-year/60,000-mile new vehicle limited warranty, which covers the car from bumper to bumper, starting from the original in-service date and zero miles.
- A 10-year/100,000-mile powertrain limited warranty, which covers the engine, transmission, and drivetrain components, starting from the original in-service date and zero miles.
- A 10-year/unlimited mileage roadside assistance, which provides 24/7 help for towing, jump start, flat tire change, lockout service, and fuel delivery.
- A 10-year/100,000-mile hybrid/EV battery warranty, which covers the hybrid or electric battery and related components, starting from the original in-service date and zero miles.
These warranties are transferable to subsequent owners, which means you can sell your certified pre-owned Hyundai car with the remaining warranty coverage, increasing its resale value. You can also extend the warranty coverage by purchasing a Hyundai Protection Plan, which offers additional benefits, such as rental car reimbursement, trip interruption reimbursement, and more.
By buying a certified pre-owned Hyundai car, you can save money on potential repair costs, as Hyundai will cover the cost of any defective or malfunctioning part that is covered by the warranty. You can also have peace of mind, knowing that you have the support and service of Hyundai and its authorized dealers.
Other Benefits
Besides the benefits mentioned above, buying a certified pre-owned Hyundai car also comes with some other perks that can enhance your car ownership experience. Some of these benefits are:
- A free 90-day trial of SiriusXM All-Access Satellite Radio, which gives you access to over 150 channels of music, sports, news, entertainment, and more.
- A free three-month trial of Blue Link Connected Car Service, which allows you to remotely start, lock, unlock, locate, and monitor your car using your smartphone, smartwatch, or Amazon Alexa.
- A $500 coupon for your next purchase of a new Hyundai car, which you can use if you decide to trade in your certified pre-owned Hyundai car for a new one.
- A $50 coupon for your next service at a Hyundai dealer, which you can use to maintain your certified pre-owned Hyundai car.
- A $200 coupon for a Hertz rental car, which you can use if you need a temporary car while your certified pre-owned Hyundai car is being serviced or repaired.
By buying a certified pre-owned Hyundai car, you can enjoy these extra benefits that can make your car ownership more convenient, enjoyable, and rewarding.
How to Choose and Buy a Certified Pre-Owned Hyundai Car
Now that you know the benefits of buying a certified pre-owned Hyundai car, you may be wondering how to choose and buy one. Here are some tips and steps that can help you find and buy the right certified pre-owned Hyundai car for you:
- Do your research. Before you visit a Hyundai dealer, you should do some research online to find out the models, features, prices, and reviews of the certified pre-owned Hyundai cars that interest you. You can use the Hyundai website or other online resources to compare different options and narrow down your choices.
- Find a certified Hyundai dealer. Not every Hyundai dealer participates in the certified pre-owned program, so you should look for a dealer that has the Hyundai Certified Used Vehicles logo on their website or storefront. You can also use the Hyundai website to locate a certified Hyundai dealer near you.
- Check the inventory and availability. Once you find a certified Hyundai dealer, you should check their inventory and availability of the certified pre-owned Hyundai cars that you are interested in. You can browse their online inventory or call them to ask about specific models and trim levels. You should also ask about the price, mileage, condition, and history of the cars that you like.
- Test drive the car. After you narrow down your options, you should visit the dealer and test drive the car that you want to buy. You should pay attention to the performance, comfort, features, and appearance of the car, and see if it meets your expectations and needs. You should also ask the dealer to show you the inspection checklist, the warranty, and the vehicle history report of the car.
- Negotiate the price and terms. If you are satisfied with the car, you should negotiate the price and terms with the dealer. You should compare the price of the car with the market value and the prices of similar cars in your area. You should also ask about any discounts, incentives, or special financing rates that are available for the certified pre-owned Hyundai car. You should also consider the trade-in value of your current car, if you have one.
- Complete the paperwork and finalize the deal. After you agree on the price and terms, you should complete the paperwork and finalize the deal. You should review the contract and the warranty carefully, and make sure that everything is correct and clear. You should also ask the dealer about any additional fees or charges that may apply. You should also arrange the payment and the delivery of the car.
By following these tips and steps, you can choose and buy a certified pre-owned Hyundai car that suits your budget, preference, lifestyle, and needs.
Conclusion
Buying a certified pre-owned Hyundai car is a smart choice that can offer you the best of both worlds: the quality and reliability of a new car and the affordability and value of a used car. By buying a certified pre-owned Hyundai car, you can enjoy the benefits of lower cost, newer models, low-risk purchase, warranty coverage, and other perks. You can also follow some tips and steps to choose and buy a certified pre-owned Hyundai car that meets your expectations and needs.
We hope this article has been helpful and informative for you. If you have any questions, comments, or feedback, please feel free to contact us via email or social media. Thank you for reading this article and see you in the next one.