LAS VEGAS – IntelliChoice.com, a provider of automotive cost and value analysis and part of Source Interlink Media, announced the winners of its ninth annual ranking of certified pre-owned (CPO) manufacturer-sponsored programs. Overall, Volvo beat out Cadillac for the best Luxury program — one year after Cadillac ended Jaguar’s long reign in the category — while Volkswagen was recognized for the fourth straight year as best Non-Luxury program. The rankings were unveiled at the 2008 National Remarketing Conference & Used Car Expo, in Las Vegas.
Among the non-luxury contenders, Hyundai made the most progress by moving from last place in 2007 to third this year.
CPOs are cars, trucks, and SUVs that have been both leased or traded in and thoroughly inspected prior to sale. As the only consumer automotive site that evaluates and ranks all CPO programs, Intellichoice.com said that CPO vehicles will only play a larger role for consumers, car dealers, and automakers. So far in 2007, more than one million CPO vehicles were sold. All major automakers now have a CPO program and IntelliChoice.com investigates and analyzes 31 different manufacturer programs.
IntelliChoice.com’s Best Certified Pre-Owned Awards are presented in the Luxury and Non-Luxury classes. The top five rated programs in each class for 2008 are: