Q:

Why do new car dealers have large inventories of used cars?

A:

Quick Answer

Dealerships that accept trade-ins on new vehicles often end up with large inventories of used vehicles that are sold through certified pre-owned programs. Vehicles must be within a certain age range and undergo a comprehensive inspection and repair process in order to be eligible for CPO status.

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Full Answer

Nearly all the major automakers have CPO programs, including luxury car manufactures Bentley, Porsche and Maserati. CPO cars and trucks are typically low-mileage vehicles that have no aftermarket modifications. Vehicles undergo a through inspection process during which any mechanical issues are addressed. Many dealerships provide customers with details regarding vehicle history, as well as a checklist of the inspection and repair process.

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