Is buying a CPO good idea?

[Pokes_06]

A dealership near me has a CPO 2019 XLT that I am interested in purchase next weekend? Would you recommend it? Do I have to get an oil change at the dealership to keep the warranty?

thank you in advance for the insight.

 

[JEFF WISECARVER]

Don't have to go to dealership. Just document when and what you do to keep it. I did cpo on my 2019 bc I bought it out of state and for warrantee

 

[JasonH]

Depends. I have an extended warranty from Carmax until 125k. At the rate we drive, it'll be done next year, after 3 years and around 65k miles. It really comes down to your tolerance for risk and mechanical aptitude. If you can handle minor repairs and are willing to set money aside for potential major repairs, then you don't need it. If you want peace of mind, then you may want to go CPO.

I'm working on brakes right now...my wife thrashed the rear rotor, driving with no pads. This is the biggest thing I've had to do in 50k of driving. My guess is that you won't see any major repairs within the CPO coverage period. I got it mostly because I was afraid of premature timing chain wear.

 

[Boose]

I have purchased several CPO Fords, great program with great warranties.

 

[mcb345]

Just a thought, buy an extended warranty from your dealer and CPO or not it doesn’t matter.

I bought a 10yr bumper to bumper 125k warranty from my dealer. Negotiated down to around $2k. My 2019 expedition will be covered for a long while considering I only put about 10k miles on it per year.

CPO gives you a piece of mind on how decent the car will be the day you get it but keep in mind a few years down the road it’s still a warranty less used car.

 

[mwl001]

Just a thought, buy an extended warranty from your dealer and CPO or not it doesn’t matter.

I bought a 10yr bumper to bumper 125k warranty from my dealer. Negotiated down to around $2k. My 2019 expedition will be covered for a long while considering I only put about 10k miles on it per year.

CPO gives you a piece of mind on how decent the car will be the day you get it but keep in mind a few years down the road it’s still a warranty less used car.

Exactly. The availability of at-cost or near-cost extra coverage direct from online Ford dealers almost makes limiting yourself to CPO a bad idea, if it can be. Just find the Ford you want and factor in the coverage to your purchase price.

 

[Anerbe]

If it already comes with the CPO with all your options, at a good price, go ahead. otherwise, id look at adding the Ford ESP at a similar price, but with better coverage.

 

[mcb345]

If it already comes with the CPO with all your options, at a good price, go ahead. otherwise, id look at adding the Ford ESP at a similar price, but with better coverage.

Or do both. Buy CPO as you know the car was treated well and buy an extended warranty. If the CPO price is similar to non CPO then do it.

 

[Daniel Drew]

I bought a 18 limited certified, and a Ford protect and wishing it wasn’t certified. So with my Ford protect I get rental car allowance of 60 or 65 a day for 10 days, unless it’s covered under the certified warranty. Almost impossible to get loaner cars around my area at ford dealerships. Also, don’t think just because it’s a certified they fixed everything, mine had leaking struts all the way around, clicking mirrors, tires about 70-75% and a few other things as well. Got it with about 37k miles on it.

 

[2020-MAX-Limited]

One thing that has not been mentioned is the CPO inspection is very thorough and all items are brought up to spec before it can pass the inspection. Also, you are assured there are no after-market mods on the vehicle. It will be completely stock and ready to drive...

 

[Brent Harward]

Certified Pre Owned warranties are a good idea. You pay a little more up front to have the vehicle inspected and certified. If you don't buy CPO on a used car it's good to realize you'll probably need brakes and shocks for starters. And CPO's are normally covered by the store selling the vehicle. I've heard CarMas does a good inspection. But no experience there. No car savvy? Buy CPO! Wrench head? ~ take your chances and R&R on your own.

 

[Anerbe]

Or do both. Buy CPO as you know the car was treated well and buy an extended warranty. If the CPO price is similar to non CPO then do it.

I’d definitely do a CPO if it was the same price as non. However , IMO, I’d save the extra 1-2k the ford dealers charge to CPO and buy a car from a ford dealer with the money towards an ESP program that is much more comprehensive for a similar upcharge.
I went thru vehicles at ford dealers that just arrived, they walked thru the price increase to CPO, and I requested them to not CPO so I can add warranty. Major Ford dealers still do an inspection check on any inbound vehicle, especially under warranty, but I agree it’s not to a CPO level.

 

[NukeLife]

Or do both. Buy CPO as you know the car was treated well and buy an extended warranty. If the CPO price is similar to non CPO then do it.

this.
Don’t even think about any other option.
Find a used one being sold as a CPO.
THEN, add the Ford extended premium warranty onto that.

The CPO gives you peace of mind that it was treated well. But that CPO warranty only lasts a year.
For this vehicle you NEED to add the 6 year 125,000 mile premium warranty.
And since it was a CPO, the dealership will add that premium warranty at a reduced cost. For me, they added that coverage for only $1700.
Chump change considering the $10,000 plus repairs it’s incurred in the year I’ve owned it.
Do it, or you’ll regret it.

 

[mcb345]

I can’t imagine spending large sums of money on a used car and NOT getting an extended warranty. To me personally, that would be like not insuring your house, it’s a not an option.

Consumer Reports has Ford ranked near the bottom right now for reliability (mainly due to the Explorer) so if anyone here is thinking they don’t need an extended warranty then buy a Mazda or Toyota.

Does anyone still actually need convincing? Haha

Back to CPO. Great idea but don’t overpay. I feel like most are priced a little bit higher than they should. Wait for a good CPO deal.

 

[Going_Going_Gone]

1FTEW1EG2FFB28262 Do a Google search on this VIN for a story about a CPO nightmare...also documented in a lengthy thread on FTE (Ford Truck Enthusiasts).
Always remember Caveat Emptor (buyer beware).