Certified Pre-Owned Ford Models for Sale Near Louisville
If you are in the market for a vehicle but buying a new vehicle isn’t in the budget, you still have some options available. If you live in or near Louisville, Jeffersontown, or Shelbyville, check out our inventory of Certified Pre-Owned Ford models at Oxmoor Ford. We understand that things are tough, and if you need a newer vehicle but are concerned about the reliability of pre-owned vehicles, then a quality Ford CPO vehicle may be your answer.
Is Buying Used Really Sensible?
There are definite advantages to buying a used vehicle, but most people often don’t consider the advantages of buying a used vehicle beyond the price. However, there are several reasons that make buying a used vehicle a sensible choice. One thing that most people don’t think about is depreciation. When you buy a new vehicle, it depreciates in value very quickly. Within the first month of ownership its value can drop by as much as 10%. Within the first year of ownership the value can fall by 30-35%. Buying used means a good portion of its value has already dropped, and that means the value will depreciate much slower in a used vehicle. Other considerations are:
- Higher end trims that were out of budget if purchased new, may now fit better within your budget because the vehicle is used.
- Lower monthly payments, because the principal is also lower.
- It may be easier to get financing for a used vehicle over a brand new one.
- Because value is lower, so is sales tax.
- Because the value is lower, so is your insurance premium.
- With a used vehicle there is often more flexible, shorter loan terms.
- If you can get a pre-owned vehicle that is only 1-3 years old, they can still have the original warranties intact.
If you are still not convinced that buying a pre-owned is sensible, you’ll have more peace of mind with Ford CPO vehicles because of the criteria associated with Ford vehicles:
CPO Criteria for Ford Vehicles
Criteria for Gold Certified Level
- Six or less model years old.
- Less than 80,000 miles on the odometer.
- Must pass a thorough 172-point inspection.
Gold Certified Benefits
- 12-month/12,000-mile comprehensive limited warranty over any initial manufacturer warranty that might still be intact on the vehicle.
- 7-year/100,000-mile powertrain limited warranty.
- 14-day/1,000-mile money back guarantee.
- 24/7 Roadside assistance.
- 22,000 FordPass Reward points to use towards your first two maintenance visits.
Criteria for EV Certified Ford Vehicles
- Fully Electric, up to six model years old.
- Less than 80,000 miles on the odometer.
- Must pass a 127-point inspection.
EV Certified Benefits
- Manufacturer-backed 12-month/12,000-mile comprehensive limited warranty.
- 8-year/100,000-mile BaseCare EV Limited warranty.
- 14-day/1,000-mile money back guarantee.
- 24/7 Roadside Assistance.
- 22,000 FordPass Reward Points to use towards your first two maintenance visits.
Criteria for Blue Certified Level
- Any make or model up to 10 model years old.
- Less Than 150,000 miles on the odometer.
- Must pass a detailed 139-point inspection.
Blue Certified Benefits
- 90-day/4,000-mile comprehensive limited warranty.
- 14-day/1,000-mile. Money Back Guarantee.
- 24/7 Roadside Assistance.
- 11,000 FordPass Reward points to use towards your first maintenance visit.
If you are interested in a Ford CPO vehicle at Oxmoor Ford, contact us to set up a test drive. Be sure you check out our Used Vehicle Specials to see what other incentives may be available when you buy a CPO Ford vehicle from Oxmoor Ford.