10 Best CPO Cars Under $40,000

The great thing about buying a used car is that the lower prices of used cars versus new cars open up more possibilities. Where your budget might restrict you to a compact sedan from a mass-market brand if you purchased the car new, it might permit you to purchase a larger car from a luxury brand if you are willing to purchase a used model. Of course, buying a used car has its difficulties. Foremost among them is the fact you often buy a used car “as is.” That means you have very little recourse or protection if something goes haywire. The answer is buying a certified pre-owned (CPO) car. That enables you to take advantage of the rapid depreciation most cars experience during their first years while giving you a warranty from the manufacturer if something goes wrong. To demonstrate the logic of this approach to car-buying, we have gathered 10 cars from luxury brands that are available for less than $40,000.