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probably. If they feel that they can cut corners, or if the car has half the life of the warranty, then, they won't bother with CPOing the car.
It all comes down to how much they invested in the car: from trade-in, to fixing little nig nags. If the used car manager feels they invested goula amount of money, then they won't CPO the car; it is all about competition and maintaining the price of the vehicle based on KBB.
I hope that helps
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