Shopping for a used Volvo vehicle often leads many drivers to consider certified pre-owned options. Volvo is one of many manufacturers that have a certified pre-owned (CPO) program. Each car manufacturer structures their CPO program differently; read on to learn about the specifics of the Volvo CPO program.
In order to be considered a Volvo Certified Pre-Owned car, vehicles must be under seven years old, and have less than 80,000 miles, and must receive a clear CARFAX Vehicle History Report.
Inspection
In order to ensure that every Volvo Certified Pre-Owned car is safe for the road, each vehicle must pass a rigorous 130-point inspection. If anything does not meet the high standards of the Volvo technicians, it must be repaired or replaced. If it cannot be fixed and meet the proper factory standards, the vehicle cannot become a Certified Pre-Owned Volvo.
Warranty
Volvo CPO vehicles comes with a warranty, which covers repairs or replacement for seven years or 100,000 miles, whichever comes first. It also includes:
24-hour Roadside Assistance: Volvo CPO vehicle owners can reach Volvo 24 hours a day for flat tires, dead batteries, and emergency fuel delivery. This benefit also includes towing services up to 25 miles or to the nearest Volvo dealer, and lock-out service.
Vehicle History Report: Every CPO vehicle owner gets full access to the CARFAX service report, maintenance history, and reviews of their particular Volvo car.
Owners also have the option to purchase an additional warranty that covers the vehicle for a total of eight years or 125,000 miles, whichever comes first.
Pricing
Buyers who choose to obtain a vehicle through the Volvo Certified Pre-Owned car program will see a difference in the overall bottom line. The price will usually be around 14% higher than a regular “used” Volvo vehicle.
For example: at the time of this article in April 2016, a used 2012 Volvo C30 is priced around $17,626 on Kelley Blue Book; the same vehicle under Volvo’s CPO program is priced around $20,174.
Compare Volva to other CPO programs.
Whether you decide to go with a CPO car, it's always wise to have an independent certified mechanic inspect any used car before buying it. Certified Pre-Owned does not mean the car is in perfect condition, and any used car can come with serious issues that aren't apparent to an untrained eye. If you're in the market to buy a used car, schedule a pre-purchase inspection for total peace of mind.
