Have you been searching for your next Toyota vehicle? When you’re in the car purchasing process, you’ll need to settle the debate of buying a new vs. used car. And then, the used vs. CPO car debate only adds to the confusion. However, it doesn’t need to be a stressful process.
If you’ve wondered what the key differences between used, CPO, and new vehicles are, you’re in luck. In this helpful new vs. used vs. CPO buyer’s guide, we’ll go over the pros and cons of each option to help you decide which is right for your needs and your budget.
The Benefits of Buying a New Toyota
All benefits of a new Toyota vehicle stem from the fact that it is new. It’s never been driven and has all of the latest features available in Toyota cars, trucks, and SUVs. Beyond just comfort and convenience, new Toyotas, like the Toyota Camry, have the latest safety and driver assistance features, such as lane departure warnings with steering assist, dynamic cruise control, and blind-spot monitoring. However, new vehicles aren’t just shiny vehicles with eye-catching tech.
When you get a new Toyota car, truck, or SUV, you also get peace of mind thanks to Toyota’s warranties. Each new Toyota comes with a 3-year, 36,000-mile bumper-to-bumper warranty and a 5-year, 60,000-mile powertrain warranty to protect your vehicle from any issues that come up. However, with this amount of reliability and coverage comes the higher price tag.
In reality, the only downside to a new vehicle is the price. It will be higher than a used vehicle, but in the new vs. used car arena, if you value dependability, modernity, and coverage, new wins every time. Plus, new car loans tend to come with lower interest rates, so you may be able to offset the elevated price.
The Benefits of Buying a Used Toyota
The greatest benefit to a pre-owned Toyota is the lower price. The beauty of pre-owned Toyota vehicles, in particular, is their reputation for reliability. Even if a car, truck, or SUV has many miles on the odometer, pre-owned Toyotas almost always have plenty of life left in them. The other drawback to pre-owned vehicles is that they may have outdated or nonexistent features. In essence, the vehicle is what it is. There is limited customization available, but dealerships can still install parts and accessories.
You’ll also have to contend with the lack of coverage. If any major repair issues come up down the line, it falls on you to repair them. Fortunately, we have service specials to help maintain your vehicle and keep any large problems at bay. Be sure to check them out if you’re considering a pre-owned vehicle!
The Benefits of Buying CPO Cars, Trucks & SUVs
When you want the perfect combination of pre-owned vehicle pricing as well as the coverage and updated features of a new vehicle, certified pre-owned Toyota vehicles are the answer. CPO vehicles are inspected, vetted, and newer than your average pre-owned vehicle, making them more desirable but without much in the way of cost.
Toyota has two levels of CPO: silver and gold. For the purposes of this overview, we’ll review the gold standard. Toyota CPO vehicles must:
- Be six years old or newer
- Have under 80,000 miles
- And pass a 160-point inspection.
All certified Toyota vehicles come with an extended warranty to protect your vehicle. In the used vs. CPO cars debate, CPO cars often undergo a much more rigorous inspection process and have coverage, though this comes at a (slightly) higher price.
Find Your Next Toyota in Arlington
If you’re still having trouble deciding between a new, used, or certified pre-owned Toyota vehicle, head down to our Arlington Toyota showroom, and we’ll be happy to help you find the ideal car, truck, or SUV for your needs and budget. Contact us today to learn more and schedule a test drive online to get behind the wheel of your next Toyota vehicle.
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