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Personal Finance > Autos
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Best certified used car deals
Car value data firm ranks certified programs with best warranties, inspections and more.
October 5, 2004: 9:22 AM EDT

NEW YORK (CNN/Money) - Volkswagen's certified used car program was ranked best among non-luxury brands by IntelliChoice in rankings released Monday. Honda's was rated as second among non-luxury brands.

Mazda, DaimlerChrysler's Chrysler, Dodge and Jeep brands and Ford rounded out the top five among non-luxury brands.

Jaguar's was rated as the best among luxury brands while Cadillac's was rated as second. This marks the first time in the six years IntelliChoice has been publishing the annual rankings that Cadillac finished in the top five.

Among luxury brands, Volvo, Lexus and Audi finished third, fourth and fifth, respectively.

IntelliChoice, a company that analyzes ownership costs of automobiles, selected winners based on criteria identified by consumers as most important in a certified used car program. Those aspects included manufacturer warranties, inspection processes and roadside assistance.

Car manufacturers began offering certified used car programs, also referred to as certified pre-owned (CPO) programs, in the early 1990s. Under such plans, manufacturers certify that a given used car meets a set of criteria the manufacturer has specified.

A certified used car will usually be relatively new and will have been driven relatively sparingly. The manufacturer will also certify that the vehicle has passed a specific inspection process.

Manufacturers also offer extended warranties on certified used cars. Not all automakers have certified used car programs.

Correction
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An earlier version of this story incorrectly defined the "Required score" column in the table. We regret the error.

The table below lists the top three cars in each category. For each brand, the warranty benefits beyond the remaining new-car warranty are listed. Also listed is the number of specific items inspected on the car. The "Required score" is how the manufacturer's list of inspection points stacks up to IntelliChoice's list of 141 possible inspection points. The percentage represents the percentage of items in IntelliChoice's list that are included in the manufacturer's certification inspection.

Best non-luxury certified programs
BrandBenefits beyond new-car warrantyInspection pointsRequired score
Volkswagen24-month/24,000-mile comprehensive11273 percent
Honda12-month/12,000-mile comprehensive and 48-month/64,000-mile powertrain15083 percent
Mazda12-month/12,000-mile comprehensive and 48-month/50,000-mile powertrain10072 percent
Source:IntelliChoice
Best luxury certified programs
BrandBenefits beyond new-car warrantyInspection pointsRequired score
Jaguar24-month/50,000-mile comprehensive140100 percent
Cadillaccomprehensive 24-month/50,000-mile comprehensive100+98 percent
Volvo24-month/50,000-mile comprehensive130+98 percent
Source:IntelliChoice

More details on the programs are available at IntelliChoice.com.

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.