Certified pre-owned

Certified pre-owned (CPO) programs refurbish and provide an extended warranty to used items, commonly automobiles. Manufacturers or their dealers buy, inspect and refurbish used items, then resell them, usually at a premium, over the normal market price for uncertified used items. Buyers pay this premium since they believe the manufacturer's certification and extended warranty reduce the risk of buying a used product. Certified pre-owned vehicles are an important segment of the used car and truck markets in some countries. Certified pre-owned programs cover other products beside motor vehicles; these include luxury watches, exercise machines, and business jets among other things.

References

• Westways, November/December 2005, p. 48, "Automotive Overdrive" column, "Alphabet Soup", by Peter Bohr

• "A Guide to Certified Pre-Owned (CPO) Programs by Car Brand". Car and driver. 2 June 2016. Retrieved 24 August 2016.

• Barry, Keith (3 May 2025). "What Do Certified Pre-Owned Car Programs Cover and How Long Do They Last?". Consumer Reports. Retrieved 19 August 2025.

• Tucker, Sean (13 January 2025). "Fewer Americans Buying Certified Pre-Owned Cars". Kelley Blue Book. Retrieved 19 August 2025.

• Pritchard, Justin (6 August 2024). "Best used cars in Canada for 2025". MoneySense. Retrieved 19 August 2025.

• Huang, Ximin (Natalie); Atasu, Atalay; Tereyağoğlu, Necati; Toktay, L. Beril (March 2023). "Lemons, Trade-Ins, and Certified Pre-Owned Programs". Manufacturing & Service Operations Management. 25 (2): 737–755. doi:10.1287/msom.2022.1176. ISSN 1523-4614. Retrieved 19 August 2025.

• Chen, Jen-Ming; Hsu, Yu-Ting (1 April 2017). "Revenue management for durable goods using trade-ins with certified pre-owned options". International Journal of Production Economics. 186: 55–70. doi:10.1016/j.ijpe.2017.01.019. ISSN 0925-5273.

• Kelley, Lora (September 2, 2022). "Trying to Sell Your Old Peloton Bike? So Is Peloton". The New York Times. Retrieved 19 August 2025.

• Gomelsky, Victoria (January 18, 2023). "Rolex Now Has a Resale Program. The Watch World Quakes". The New York Times. Retrieved 19 August 2025.

• Durbin, Dee-Ann (24 May 2017). "Certified pre-owned cars cost more, but come with perks". The Globe and Mail. Retrieved 19 August 2025.

• Welsh, Jonathan (29 June 2023). "Honda Aircraft Unveils Certified Pre-Owned Program for HondaJets". Flying. Retrieved 19 August 2025.

• Webb, Alysha (May 10, 2017). "China's Used Cars Becoming More Visible in World's Biggest Car Market". Ward's. Retrieved 19 August 2025.