Late in the 20th century, when the median transaction price for a new car passed $25,000, the concept of leasing was born. While it enabled consumers to pay a low down payment and only the depreciation of the car for the duration of the lease, it left dealerships with an abundance of low-mileage used cars in need of new drivers. The concept of Certified Pre-Owned was the solution – subject the vehicles to rigorous mechanical inspection, make an accurate assessment of the remaining life of the car, and sell it with the reassurance of a warranty.
With such a guarantee, and therefore alleviation of risk and anxiety, why would consumers still purchase from a private seller? “CPO” vehicles typically cost $1,500 - $2,000 more than a privately sold used car, but forgoing that premium also means forgoing any legal recourse if anything goes wrong with your new purchase. In fact, the discount found in buying privately is only valuable to those who don’t mind the risk, and who can accept a “what you do or don’t see is what you get” chance. Considering that chance may cost you far more than the extra cost of purchasing a Certified Pre-Owned vehicle from a dealership, any buyer’s best bet is to buy something with certainty to begin with.
If you’re in the Orlando or Leesburg areas of Florida, wondering what value you’ll find in a Certified Pre-Owned Ford, consider this: your vehicle is guaranteed to be less than six years old with less than 80,000 miles, but the real value comes in the Ford CPO package. Each Certified Pre-Owned Ford has been through a 169-point inspection, covering everything from safety features to the power train and even comfort amenities.
With every CPO Ford comes a Vehicle History Overview Report, a 3-month, 3,000-mile comprehensive limited warranty covering more than 500 components PLUS a 6-year/100,000-mile powertrain limited warranty, and roadside assistance! Just minutes from Leesburg, Belleview, Citrus Springs, and the Villages, Ford and Lincoln dealer Ford of Ocala takes pride in offering car buyers the peace of mind of quality used vehicles and has the track record of real customer satisfaction and service to prove it. At Ford of Ocala you can even go further with an Extended Service Plan that’s just right for you and your vehicle. What are the most popular used Fords? The F-150, F-250, the Focus, the Fiesta, the Edge, and of course, the legendary Ford Mustang. Visit Ford of Ocala’s certified pre-owned inventory to find yours!