What does certified pre-owned mean? Value if you buy right

If you are thinking about purchasing a CPO vehicle this year, you aren鈥檛 alone.

But what does certified pre-owned mean to you? Value if you buy the right model car, SUV or truck.

By the end of the year, nearly three million Americans are expected to have traveled that road 鈥 which means that several millions more will have considered CPO (certified pre-owned). One advantage you will have that many of those shoppers lacked are recommendations on which CPO vehicles in 38 segments, six categories, deliver the most value to their new owners.

Subaru Impreza on the highway
Photo credit: Subaru via Newspress USA
The Impreza compact hatchback helped Subaru to a top brand position.

Those recommendations come by way of the annual Best CPO Value in America Awards compiled by Vincentric automotive data collection and analysis firm.

The company looked at costs such as depreciation, fees and taxes, financing, fuel, insurance, maintenance and repairs for 15,000 configurations of vehicles that otherwise are inspected and refurbished to meet manufacturer鈥檚 or other certifying authority鈥檚 standards before going back on sale.

This year鈥檚 brand winners were Subaru for both passenger cars and SUV/crossovers, Ram for trucks, Lexus for luxury cars, Volvo for luxury SUV/crossovers and Ford for vans. But Ford also led with six model-level awards, followed by Lexus and Subaru, with five and four awards, respectively.

Ford F-150 pickup at work
Photo credit: Ford via Newspress USA
Ford鈥檚 F-150 was one of six model-level winners for the company.

Other brands with multiple model-level victories were Volvo (3) and Audi, Ram, Mitsubishi, Toyota, Hyundai, Kia and Nissan with two awards each.

Brands receiving single awards were Acura, Jaguar, Cadillac, Honda, Lincoln and Mercedes-Benz.

鈥淥ur awards take the guesswork out of shopping for certified pre-owned vehicles by clearly showing consumers which models provide the best value for their money,鈥 said David Wurster of Vincentric, citing a 鈥渞igorous statistical analysis to determine cost of ownership for competing vehicles.鈥

Following are the winners according to category and segment:

Passenger car

Mitsubishi Mirage G4 (subcompact)

Mitsubishi Mirage (subcompact hatchback)

Ford Focus (compact)

Subaru Impreza (compact hatchback)

Subaru Legacy (midsize)

Toyota Avalon (large sedan)

Hyundai Veloster (sports car)

Hyundai Ioniq (hybrid)

Kia Soul EV (electric/plug-in hybrid)

SUV/crossover

Ford EcoSport (subcompact)

Honda CR-V (compact)

Subaru Outback (midsize)

Ford Flex (large)

Subaru XV Crosstrek Hybrid (hybrid)

Kia Niro Plug-In Hybrid (electric/plug-in hybrid)

Luxury car

Acura ILX (compact sedan)

Lexus RC200t (coupe)

Audi A5 (midsize)

Jaguar XF (large sedan)

Volvo V90 (wagon)

Lexus LC 500 (sports car)

Audi A5 (convertible)

Lexus LC 500h (hybrid)

Cadillac CT6 Plug-In Hybrid (electric/plug-in hybrid)

Luxury SUV/crossover

Lexus NX 300 (compact)

Volvo XC70 (midsize)

Lincoln MKT (large)

Lexus NX 300h (hybrid)

Volvo XC90 Plug-In Hybrid (electric/plug-in hybrid)

Truck

Toyota Tacoma (small)

Ford F-150 (full-size half-ton)

Ram 2500 (full-size three-quarter-ton)

Ram 3500 (full-size one-ton)

Van

Nissan Quest (minivan)

Ford Transit Connect (small commercial passenger)

Nissan NV 200 (small commercial cargo)

Mercedes-Benz Sprinter (large passenger)

Ford Transit (large cargo)

For those vehicle shoppers who want to dig a little deeper, award winners from Past U.S. CPO Awards are available at the Vincentric web site.

More Like This

Toyota Tacoma
February 26, 2020

Best cars to buy if you鈥檙e looking for value 鈥 Vincentric

Don鈥檛 be fooled by the headline. The best cars to buy if you鈥檙e looking for value of course includes SUVs and pickup trucks. In this case, the best values are defined by Vincentric, which analyzes vehicle ownership costs including depreciation,…