You've probably heard the term "certified pre-owned" in auto advertisements without really understanding what it means. Basically, a dealership can go through the certification process on a used car of the same brand that has less mileage. This typically entails a comprehensive examination of the vehicle's systems, including the brakes, fluids, and various accessories. It may also frequently include the installation of brand-new tires, oil changes, and other various refurbishments.

The dealership is essentially selling a used car with a factory-backed warranty when a CPO vehicle is finally put on the lot. This means that you will get the best of both worlds: a new car with a factory-backed warranty that can be fulfilled at any authorized dealer and a well-depreciated used car.

We believe that the best way to buy a luxury car with a high depreciation rate is to buy a certified pre-owned car because you can get a great deal without having to worry about expensive maintenance. We've chosen six cars that used to cost six figures when they were new but can now be had for much less to show these amazing deals. Audi R8 Let's begin with the Audi R8, a significant model. Although it is not the most common CPO vehicle under $100,000, we were able to locate two examples—a Spyder and a Coupe—under six figures with a CPO warranty. When it was first introduced in 2014, the R8 cost $119,150 for the coupe and $132,650 for the spyder. Both models were equipped with a 4.2-liter V8 that produced 430 horsepower.

With an Audi-backed CPO warranty, a used R8 can now be purchased for less than $90,000 today. Beyond the initial four-year, 50,000-mile warranty, Audi's CPO warranty includes a one-year, unlimited-mileage warranty. As a result, you won't have to worry about owning an R8 for a whole year. Even though the reliability of the Porsche Panamera is already very high, having a CPO warranty would still be nice. A fantastic CPO deal from the German automaker includes a six-year, unlimited-mileage warranty from the date of sale. Now, apply this to the Panamera, the car we've chosen for this list.

We were able to locate a 2017 Turbo with less than 30,000 miles on it for less than six figures despite the fact that there are plenty of highly depreciated examples of the Panamera priced below $100,000. If the vehicle sold in 2016 and had a 4.0-liter twin-turbo V8 that produced 550 horsepower and sold for at least $148,000 when new, you would still receive a warranty for three years and unlimited miles. Land Rover Range Rover Purchasing a used luxury vehicle that isn't reliable can be expensive. Given Land Rover's shaky track record of reliability, this could end up being your reality as well. However, if the vehicle is newer than five years and has less than 60,000 miles, it is eligible for Land Rover's CPO warranty, which extends the original four-year/50,000-mile warranty by seven years and 100,000 miles and is transferable to new owners.

You can feel more confident buying a used Range Rover, Land Rover's top model, because it has such a long CPO warranty. There are numerous examples to choose from, including the model with 518 horsepower and a 5.0-liter supercharged V8 that retails for $104,000. Lexus LC 500 With an initial MSRP of $92,000, the Lexus LC 500 is the only model on this list that technically falls short of a six-figure starting price. Since almost any option increases the LC beyond $100,000, we decided to include it nonetheless. Beginning at as little as $70,000, CPO models come with a six-year, unlimited-mileage warranty. This 471-horsepower V8 luxury coupe is a complete slam dunk as a used purchase because Lexus already has one of the best reputations for reliability.

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Rodjah Kelvino

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