If you’re considering a used car for your drives around Nashville, Gallatin, or Madison, check out this Toyota Certified Pre-Owned checklist from the team at Ron Hibbard Toyota. Inside, we’ll cover the benefits of the Toyota CPO program and guide you through the steps of the car-buying journey.
Still have questions after reading our CPO checklist? Contact us today!
1. Know the Difference between CPO and Used
When you first start exploring your car-buying options, we recommend knowing the difference between used and CPO cars.
Both inventories offer the same benefits you’d expect from pre-owned vehicles. For example, they often have a lower sticker price than their newer counterparts. These cars also aren’t restricted to any particular model year, so they tend to open your options even wider than new cars might.
The biggest difference between used and certified pre-owned cars, however, is that CPO cars have undergone a more comprehensive inspection, are often backed by a limited factory warranty, and come with a complimentary vehicle history report. CPO vehicles also tend to be newer model years and have a lower mileage.
2. Know Your CPO Program
Every manufacturer has its own requirements that cars need to meet to receive the CPO distinction. The Toyota CPO program includes the following:
- 160-Point minimum Quality Assurance Inspection
- Two factory-backed limited warranties
- One year of emergency Roadside Assistance
- Free CARFAX® Vehicle History Report™
You can learn more about the Toyota CPO program by checking out the Toyota Certified website or by contacting our sales team directly for information.
3. Find Your Certified Pre-Owned Toyota
The next step on our CPO checklist is to decide what kind of car you want to drive. As we mentioned, used cars aren’t restricted by any model year, so you have so many options, but you need to know what dealerships are carrying in their inventories first.
You can start by checking out Ron Hibbard’s inventory online. If you see a model that catches your eye—like the Toyota Camry, Toyota Tacoma, or Toyota Highlander—contact the sales team to take a test drive!
4. Visit the Showroom
Whether you have a particular model in mind or are still exploring all the possibilities, we always recommend physically visiting your local dealership to speak with the sales team. They can work with you to locate the Toyota Certified Pre-Owned model on their lot that’s the best fit for your lifestyle.
They’ll also be happy to get you out for a test drive in any car that interests you so that you can get a feel for it.
5. Decide on Your Loan Terms
One of the many benefits of buying a used or certified pre-owned car is that they often have a lower price tag than new versions of the same model. That means you have a few options when deciding on the loan terms that work for your budget:
- Keep your loan length the same and enjoy having a lower monthly payment than you might have with a new car
- Keep your monthly payment the same as you would for a new car, but shorten your loan term and pay your car off sooner
We invite you to speak with our auto finance center team to discuss your options and determine the financing that’ll work best for you. They can also tell you about any deals or incentives you may qualify for.
As an added bonus, our finance center team has a wide network of local lenders whom they’ll reach out to on your behalf to help you secure your loan at a rate that works for you.
Complete Your Toyota CPO Checklist and Drive Off
Now that you’ve completed everything on your Toyota Certified Pre-Owned checklist, you’re ready to drive off and enjoy the Nashville, Gallatin, and Madison areas in your CPO car.
Before you do, we recommended asking the dealership’s service center for your vehicle’s maintenance needs so that you know when to bring it back for a routine checkup.
Ready to find your next Toyota CPO vehicle? Contact the team at Ron Hibbard today!