Once again, the Honda Accord demonstrates its reliability and longevity by being nominated the best certified pre-owned (CPO) vehicle by MSN.com. The new article ranks the top ten CPO vehicles as sold to consumers in the first six months of 2010, and few are surprised that the Accord once again tops the list.
Kirk Bell, writer of the MSN article, states, “The Accord is a reliable car that delivers great value for the dollar, but be careful how much you pay. The Accord holds a high resale value, so it will cost you more up front but will bring more when it’s time to sell.”
There appears to be a trend in CPO vehicles, and, while the purchase of new and used cars has gone down, interest in CPO vehicles has increased. According to Steve Gallagher of Toyota’s CPO program, “Across almost every major [manufacturer], new car behaviors have trended downward, used has gone downward and, for the most part, CPO has trended up.” This may reflect the current economy or a rise in trust for CPO automobiles, which are more expensive than used vehicles but often ensure that the consumer will receive a quality vehicle.
CPO vehicles are less expensive than new vehicles but are often $1300 to $2000 more expensive than uncertified used vehicles; however, many CPO cars and trucks come with warranties, which, although not as extensive as original manufacturer warranties, can provide consumers with a sense of security.
Always with a strong showing, three Honda vehicles are listed in the top ten, while Toyota and BMW each have two vehicles listed. One American car, the Chevrolet Impala, made the list.
The full list is as follows:
1. Honda Accord
2. BMW 3-Series
3. Toyota Camry
4. Honda Civic
5. Chevrolet Impala
6. Toyota Corolla
7. Mercedes-Benz E-Class
8. BMW 5-Series
9. Honda Odyssey
10. Lexus RX
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