
Certified pre-owned (CPO) and off-lease vehicles both have benefits and drawbacks. As prices for new cars remain high, these used car buying options are often more affordable without sacrificing quality. However, there are other pros and cons to consider.
Do you want a newer vehicle? An off-lease car may be a better choice since most leases are for new vehicles and only last two to three years. Some CPO vehicles can be several years old. The average CPO car is under five years old, but some manufacturers certify vehicles up to 10 years old. Older CPOs will generally be more affordable than newer, off-lease vehicles, so this might be the better option if your budget is tight.