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      11-08-2019, 12:15 PM   #23
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Both B2b and CPo on top of that, so like 5 years???

Jesus jump at it. Take my money.
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      11-08-2019, 01:47 PM   #24
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Originally Posted by dreamingat30fps View Post
So I'm trying to help my mother buy a car. She wants a 2020 Corolla. New they seem to be around $19-20k OTD for what she wants. Used I haven't found for less than like $17-$18k OTD so doesnt make much sense to me to buy it used since she will probably drive it until its worthless anyways.

Found this dealer who lists a 2020 with 10 miles as a CPO car. They claim they have a rental company or something (this is what they told her) and the car was registered so it cannot be sold new, but basically never used by rental company and only 10 miles. They want $19k OTD.

Soo... if what they say is indeed true seems like a better deal to me since she basically gets a new car and gets the CPO warranty on top of that basically for free. Where she would pay same for new car but not get the CPO. I went on the dealers site and found they had about 6 2020 Corollas listed as CPO with under 20 miles on them.

So do you guys know if this story makes sense, is this some new shady shit dealers are pulling or is this legit and a good deal?
if you are only saving $1k I'd say just buy a brand new car. One owner cars have better trade in value so you are not really saving anything significant.
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      11-08-2019, 08:30 PM   #25
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My guess is either flood or hail damage while in dealer stock. Their insurance paid out on these cars before they were repaired, so they can't be sold as new. Is it worth the headaches to save a measly few hundred bucks? Not to me.....
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      11-09-2019, 12:58 PM   #26
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Ok so just wanted to update this. Basically found out it's for the incentives as someone said. If they are short a car or two to meet the incentive goals they basically sell it to shell company to meet the quota. They have to hold it for 100 some days then they can resale as CPO.

I only had 2 dealers quote me $19k OTD for a new one, first dealer was total shit show, poster child for sleazy car dealer. Actually wanted like $19,800 and I'm sure they would of then tried to fuck her on finance or something else.

Other dealer claimed they had all the colors except the one she wanted for $19k how convenient. So ended up going to see this new/cpo car. Exact color she wanted, car was brand new, still smelled new, still had stickers and stuff inside. Ended up buying that one for $19k OTD.

Now the way the warranty works out its basically she gets 3 year 36k miles or whatever standard new car bumper to bumper is. However her powertrain gets extended by the CPO to like 100k miles/7 years, she also gets the 4 year maintenance.

Lastly the dealer was a pleasure to work with unlike the one we visited before. Everyone was exceptionally nice and nothing was changed on us, even the financing was better than she expected. So all in all happy with the results! Thanks for the advice.
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      11-09-2019, 05:00 PM   #27
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That does sound to be a very good deal. I think the standard power train warranty is 5 years and 60,000 miles. Are you sure it's 4 years on the Toyota Care Maintenance? The information I have is it's 2 years or 25,000 miles.
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      11-09-2019, 07:34 PM   #28
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That does sound to be a very good deal. I think the standard power train warranty is 5 years and 60,000 miles. Are you sure it's 4 years on the Toyota Care Maintenance? The information I have is it's 2 years or 25,000 miles.
I'm not, as I saw the same info online. HOWEVER I had 2 dealers tell me it's now 4 years (or 45k miles I THINK). I think it's Toyota Care Plus or Platinum or something like that. Can call Toyota and find out, but honestly either way would not have been a deal breaker so I didn't push on that. For her it's probably 4 oil changes
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      11-10-2019, 05:52 AM   #29
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We get this in the uk, sold as pre-registered and the dealer last do it to meet their sales quota. You get a as-new car but it already has 1 registered owner.
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      Yesterday, 07:32 PM   #30
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Quote:
Originally Posted by zx10guy View Post
That does sound to be a very good deal. I think the standard power train warranty is 5 years and 60,000 miles. Are you sure it's 4 years on the Toyota Care Maintenance? The information I have is it's 2 years or 25,000 miles.
Looked into it more I guess its an addon to ToyotaCare called ToyotaGuard

https://explore.setbuyatoyota.com/ac...ies/toyoguard/

Seems it might be a southeast specific thing. Basically 2 more oil changes after ToyotaCare and 4 tire rotations, meh. Better than nothing I guess.
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