Overview
If you're buying a used Hyundai from a
private seller, the famous 10-year or 100,000-mile powertrain warranty doesn't
carry over. In a certified pre-owned (CPO) Hyundai, however, the 10-year
powertrain warranty is reinstated, giving drivers 5 years or 40,000 miles of
coverage beyond what comes with a regular used Hyundai. Hyundai's CPO warranty is
also fully transferable, and it occasionally includes special financing rates
-- though there is a $50 deductible per visit.
What
We Like
Impressive powertrain warranty; good
bumper-to-bumper warranty; special financing rates; fully transferable
What
We Don't
Warranty starts from original sale
date; $50 deductible per visit
Program
Specifics
If you're interested in buying a
used Hyundai, you might
want to consider the brand's certified pre-owned program. It offers an
impressive warranty and a few other benefits that, according to Hyundai, add up to $2,066 in
added value over a standard used model.
The main benefit of Hyundai's certified pre-owned
program is the powertrain warranty. While most used Hyundai models lose the
brand's 10-year or 100,000-mile new-vehicle powertrain warranty to a shorter
5-year or 60,000-mile bumper-to-bumper plan, CPO vehicles have
the entire powertrain warranty reinstated. They also still include the 5-year or
60,000-mile bumper-to-bumper warranty. The result is great coverage. For
example, a 3-year-old used Hyundai
with 30,000 miles will have 2 years or 30,000 miles of bumper-to-bumper
coverage and 7 years or 70,000 miles of powertrain protection.
Hyundai's certified pre-owned
program also offers a few other benefits, such as full warranty transferability
if you decide to sell your CPO Hyundai
before the warranty expires. The program also occasionally offers special
financing rates, which allow you to get a better deal than you might with a
typical used car.
There are, however, a few drawbacks.
We're not wild about the $50 deductible, for example, which is applied to every
single warranty repair visit. After a few visits, that number can start to add
up. We also think it can be a little confusing that the warranty starts on the
day the original owner bought the car, and not the day you buy it.
Still, Hyundai's CPO program is very much
worth looking into, as it touts an excellent warranty and several other highly
alluring benefits. We strongly believe you should check it out if you're
considering a used Hyundai.
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