Would you buy a used car from...

[TygGer]

Buying a used car... say for example, would you buy a used Acura from a non-Acura dealership? Or a used Lexus from a Cadillac dealer?

For some reason, I feel like those type of cars had issue causing the owner to switch to a different brand.

 

[TheoPetro]

are you tarded?

 

[compnovice]

A lot of other reasons could have initiated the switch...

 

[vi edit]

A huge number of luxury cars that are on used car lots are lease turn ins. If a car is 2-4 years old, it's probably just one that's been turned in and bought by the current dealer at an auction.

A simple carfax would show that.

My biggest hesitation would be buying a used luxury car at a non-dealer and missing out on a possible CPO option and getting the benefits associated with that.

 

[compuwiz1]

Originally posted by: vi_edit
A huge number of luxury cars that are on used car lots are lease turn ins. If a car is 2-4 years old, it's probably just one that's been turned in and bought by the current dealer at an auction.

A simple carfax would show that.

My biggest hesitation would be buying a used luxury car at a non-dealer and missing out on a possible CPO option and getting the benefits associated with that.

A lot of people don't know what CPO means.

Certified Pre-Owned. These are normally the top drawer quality of used cars and have a warranty.

Beware of non franchised dealers selling CPO's. Only factory stores can certify their own product. A Chevy dealer cannot sell you a certified Toyota, as an example.

A used Toyota being sold from a Chevy lot doesn't mean it's a bad car. It could be that the Tacoma owner just wanted a full sized domestic truck, or the dealer bought it to round out his inventory. All reputable dealers can sell you a warranty, if you want one, so that should be no real concern.

Most dealers will give you a Carfax report, if you're serious about buying the car, or make the deal contingent upon being able to see the report.

 

[Eos]

If you could get a CPO car that was a 2004 model with 30k on it or a non CPO that is a 2007 model year with 8k on it for 20% more money, would you?

How good is the warranty the dealers offer?

 

[nakedfrog]

Originally posted by: eos
If you could get a CPO car that was a 2004 model with 30k on it or a non CPO that is a 2007 model year with 8k on it for 20% more money, would you?

How good is the warranty the dealers offer?

Sometimes the warranty isn't offered through the dealer at all, but through a third party company. But even when I bought from a potentially questionable dealership, the warranty still came through when I needed it. Still not enough to cover the cost of the warranty, but I didn't have enough cash at the time.

 

[vi edit]

Originally posted by: eos
If you could get a CPO car that was a 2004 model with 30k on it or a non CPO that is a 2007 model year with 8k on it for 20% more money, would you?

How good is the warranty the dealers offer?

Simply depends on the car(s).

20% on $20,000 is $4,000. A 2004 Lexus ES Can be had for around 21k. A 2007 isn't going to be had anywhere close to 24k. You are looking at paying at least 27-29k, CPO or Not.

With Lexus the CPO gets you an additional 3 years, 36k mile bumper to bumper warranty.

 

[ElFenix]

as compuwiz stated, dealers buy and sell used cars amongst each other to try to round out their inventory, get in on hot cars, etc. at the mercedes dealer near my old office there was constantly some kind of high end car up on the ramp, and almost never a mercedes. ford gt, porsche gt3, viper, bentley, just expensive cars in general. when the mini came out all sorts of dealers were selling them (i think the mini dealer would sell the car to itself and then sell it as 'used' and for big profit at another of their associated dealers).

 

[Eos]

Originally posted by: vi_edit

Originally posted by: eos
If you could get a CPO car that was a 2004 model with 30k on it or a non CPO that is a 2007 model year with 8k on it for 20% more money, would you?

How good is the warranty the dealers offer?

Simply depends on the car(s).

20% on $20,000 is $4,000. A 2004 Lexus ES Can be had for around 21k. A 2007 isn't going to be had anywhere close to 24k. You are looking at paying at least 27-29k, CPO or Not.

With Lexus the CPO gets you an additional 3 years, 36k mile bumper to bumper warranty.

This was two Crown Vics.

2004 for $16k (CPO) and a 2007 for $19.5k (non CPO). 7 years/80k miles for free.

That car is a completely different animal than a Lexus as far as pricing and demand is concerned.

 

[BoomerD]

IME, the vast majority of used cars are coming from the wholesale auctions. Sure, car lots will sell trade-ins, IF they meet certain criteria, (mileage, physical condition, etc.) but around here, ALL the dealerships buy a significant percentage of used cars from the autions. That doesn't make them bad cars, rental/lease returns make up a huge percentage of those, but you DO have to use a bit more diligence IMO when you look at used cars...odds are not that you're getting a car that Grandma only drove to church on Sunday...It may have been a daily rental...

 

[DeviousTrap]

Originally posted by: eos

Originally posted by: vi_edit

Originally posted by: eos
If you could get a CPO car that was a 2004 model with 30k on it or a non CPO that is a 2007 model year with 8k on it for 20% more money, would you?

How good is the warranty the dealers offer?

Simply depends on the car(s).

20% on $20,000 is $4,000. A 2004 Lexus ES Can be had for around 21k. A 2007 isn't going to be had anywhere close to 24k. You are looking at paying at least 27-29k, CPO or Not.

With Lexus the CPO gets you an additional 3 years, 36k mile bumper to bumper warranty.

This was two Crown Vics.

2004 for $16k (CPO) and a 2007 for $19.5k (non CPO). 7 years/80k miles for free.

That car is a completely different animal than a Lexus as far as pricing and demand is concerned.

I'd get a 2004 Police Interceptor Crown Vic for $7-8K and spend the rest on maintaining it myself. They're pretty bulletproof cars and of all cars, I probably wouldn't bother paying any significant premium for a CPO one.

 

[Eos]

Originally posted by: DeviousTrap

Originally posted by: eos

Originally posted by: vi_edit

Originally posted by: eos
If you could get a CPO car that was a 2004 model with 30k on it or a non CPO that is a 2007 model year with 8k on it for 20% more money, would you?

How good is the warranty the dealers offer?

Simply depends on the car(s).

20% on $20,000 is $4,000. A 2004 Lexus ES Can be had for around 21k. A 2007 isn't going to be had anywhere close to 24k. You are looking at paying at least 27-29k, CPO or Not.

With Lexus the CPO gets you an additional 3 years, 36k mile bumper to bumper warranty.

This was two Crown Vics.

2004 for $16k (CPO) and a 2007 for $19.5k (non CPO). 7 years/80k miles for free.

That car is a completely different animal than a Lexus as far as pricing and demand is concerned.

I'd get a 2004 Police Interceptor Crown Vic for $7-8K and spend the rest on maintaining it myself. They're pretty bulletproof cars and of all cars, I probably wouldn't bother paying any significant premium for a CPO one.

The PI models do not have leather seats as far as I've seen. That's out for me.