Lexus auction
01-16-15, 08:41 AM
#31
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The 1st CPO car I purchased was LS 430. Everything went fine until I got it home. I found that the tires were bald. So I called the dealer in Houston and told him. They told me they would get back to me. This went on for a couple of weeks. I got pissed off and sent the president of Lexus a certified mail letter, telling him what happened and if this CPO thing is so good why would they not replace the tires. The next day after delivery, I got a personal phone call from him. Surprise! Surprise! He told me to go get any tires I wanted and bring the receipt to the Lexus dealer (Westside Lexus) and they would refund my money. When I went in the turn the receipt back into the dealer, the salesman was at the door with the check, a free dinner to some nice restaurant, and a Lexus golf shirt. Someone got their *** chewed. It pays to go to the top. After that I always bought a Lexus except for the few Jags I owned.
01-16-15, 08:50 AM
#32
The 1st CPO car I purchased was LS 430. Everything went fine until I got it home. I found that the tires were bald. So I called the dealer in Houston and told him. They told me they would get back to me. This went on for a couple of weeks. I got pissed off and sent the president of Lexus a certified mail letter, telling him what happened and if this CPO thing is so good why would they not replace the tires. The next day after delivery, I got a personal phone call from him. Surprise! Surprise! He told me to go get any tires I wanted and bring the receipt to the Lexus dealer (Westside Lexus) and they would refund my money. When I went in the turn the receipt back into the dealer, the salesman was at the door with the check, a free dinner to some nice restaurant, and a Lexus golf shirt. Someone got their *** chewed. It pays to go to the top. After that I always bought a Lexus except for the few Jags I owned.
01-16-15, 08:56 AM
#33
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Ok I just looked at offleaseonly site for the 15K miles LS 460 2013. It is the F sport edition. What is the difference between the F sport and a basic LS? I am sure the gas mileage sucks.
01-16-15, 08:59 AM
#34
Lexus Test Driver
Not the case jarm...
The gas mileage won't change. All that changes are some interior appointments, the tuning of the suspension, and the addition of some insanely awesome Brembo brakes
The gas mileage won't change. All that changes are some interior appointments, the tuning of the suspension, and the addition of some insanely awesome Brembo brakes
01-16-15, 09:18 AM
#35
At one time maybe fifteen years ago the certification process was the real deal where they would fail a number of examples and retain only the best ones with absolutely no accidents by running it though the ringer but now they don't. If Lexus did the actual CPO then it would hold more water but it's actually the franchise that does it under the Lexus name.
Having said that I bought my car from Offleaseonly and it had reported damage however it was minor. Offleaseonly doesn't hide anything and everything is up front. All of their cars are priced based on any reported damage.
The biggest loophole in the auction business is that some states like mine do not report accident damage no matter how bad unless it's totaled. Some states do but it also depends on the body shops that are not that reliable in reporting.
Dealers use the uncertainty of the Carfax reporting to their advantage to fool potential customers and this is where you can also use the reporting system with known damage to your advantage as well.
Wholesalers do not have the time to go over each car because they move cars in bulk but if you know what you are looking for you can get a real deal not a fake one at the dealership.
Cars that have low millage that has seen an accident will usually repaired to a very high standard and the methods used today are so good that you would be hard pressed to see that the car was damaged if the work was done right.
The reality is every car will encounter an accident and every car is gong to very on it's condition. If you want a deal it is up to you to do your due diligence and know what to look for otherwise it's better to buy new. Certified is just a name to keep people complacent and it's because of the gullibility of the customer searching for the holy grail of a clean Carfax, a person like me is able to get a great deal in a hole that is wide open.
Last edited by Devh; 01-16-15 at 09:47 AM.
01-16-15, 09:36 AM
#36
There have been CPO cars that have accident history. There are also CPO cars that had accidents and no reported history. There are CPO cars that drive like utter crap and are overpriced.
At one time maybe fifteen years ago the certification process was the real deal where they would fail a number of examples and retain only the best ones with absolutely no accidents by running it though the ringer but now they don't. If Lexus did the actual CPO then it would hold more water but it's actually the franchise that does it under the Lexus name.
Having said that I bought my car from Offleaseonly and it had reported damage however it was minor. Offleaseonly doesn't hide anything and everything is up front. All of their cars are priced based on any reported damage.
The biggest loophole in the auction business is that some states like mine do not report accident damage no matter how bad unless it's totaled. Some states do but it also depends on the body shops that are not that reliable in reporting.
Dealers use the uncertainty of the Carfax reporting to their advantage to fool potential customers and this is where you can also use the reporting system with known damage to your advantage as well.
Wholesalers do not have the time to go over each car because they move cars in bulk but if you know what you are looking for you can get a real deal not a fake one at the dealership.
Cars that have low millage that has seen an accident will usually repaired to a very high standard and the methods used today are so good that you would be hard pressed to see that the car was damaged if the work was done right.
The reality is every car will encounter an accident and every car is gong to very on it's condition. If you want a deal it is up to you to do your due diligence and know what to look for otherwise it's better to buy new. Certified is just a name to keep people complacent and it is because of gullibility of the customer searching for the holy grail of a clean Carfax, a person like me is able to get a great deal in a hole that is wide open.
At one time maybe fifteen years ago the certification process was the real deal where they would fail a number of examples and retain only the best ones with absolutely no accidents by running it though the ringer but now they don't. If Lexus did the actual CPO then it would hold more water but it's actually the franchise that does it under the Lexus name.
Having said that I bought my car from Offleaseonly and it had reported damage however it was minor. Offleaseonly doesn't hide anything and everything is up front. All of their cars are priced based on any reported damage.
The biggest loophole in the auction business is that some states like mine do not report accident damage no matter how bad unless it's totaled. Some states do but it also depends on the body shops that are not that reliable in reporting.
Dealers use the uncertainty of the Carfax reporting to their advantage to fool potential customers and this is where you can also use the reporting system with known damage to your advantage as well.
Wholesalers do not have the time to go over each car because they move cars in bulk but if you know what you are looking for you can get a real deal not a fake one at the dealership.
Cars that have low millage that has seen an accident will usually repaired to a very high standard and the methods used today are so good that you would be hard pressed to see that the car was damaged if the work was done right.
The reality is every car will encounter an accident and every car is gong to very on it's condition. If you want a deal it is up to you to do your due diligence and know what to look for otherwise it's better to buy new. Certified is just a name to keep people complacent and it is because of gullibility of the customer searching for the holy grail of a clean Carfax, a person like me is able to get a great deal in a hole that is wide open.
01-16-15, 09:38 AM
#37
Lexus Test Driver
Good and persistent negotiation was the key for me and all my purchases. I emailed my out of state dealer for about 30 days..daily emails. Got the price way down to the point it was within the trade in and private party value range..had them knock off another $600 for two one way airline tickets and bought a CPO car for the piece of mind warranty without really paying for that based on the numbers. It didn't hurt that I knew what they paid at Manheim auction for it lol. Knowledge is power. Over 2 years later..still all good bottom line. Agree with previous poster that there are a wide range of quality at auctions and many CPO cars come from Manheim along with other "highline" auto makers. And agree that CPO is a feel good type of thing because folks with CPOs have discovered issues after purchase that may have not met "certified criteria"..but, having CPO is good and worked out great for my current car
But it is a lot of comprehensive research and reach-out because the most powerful weapon against dealers is your ability to walk away
01-16-15, 09:44 AM
#38
01-16-15, 10:03 AM
#39
Anything and everything. This is why you need to judge each car individually. Although I can admit that there are some really bad examples from trades that are not CPOs.
The car industry wants their customers to believe in the consistency of a used car and they will market them as they do new cars which they are not.
Industry created tools like Kelly's blue book and other resources are just tipping more money in the dealers favor.
The car industry wants their customers to believe in the consistency of a used car and they will market them as they do new cars which they are not.
Industry created tools like Kelly's blue book and other resources are just tipping more money in the dealers favor.
01-16-15, 10:07 AM
#40
Lexus Test Driver
There have been CPO cars that have accident history. There are also CPO cars that had accidents and no reported history. There are CPO cars that drive like utter crap and are overpriced.
At one time maybe fifteen years ago the certification process was the real deal where they would fail a number of examples and retain only the best ones with absolutely no accidents by running it though the ringer but now they don't. If Lexus did the actual CPO then it would hold more water but it's actually the franchise that does it under the Lexus name.
Having said that I bought my car from Offleaseonly and it had reported damage however it was minor. Offleaseonly doesn't hide anything and everything is up front. All of their cars are priced based on any reported damage.
The biggest loophole in the auction business is that some states like mine do not report accident damage no matter how bad unless it's totaled. Some states do but it also depends on the body shops that are not that reliable in reporting.
Dealers use the uncertainty of the Carfax reporting to their advantage to fool potential customers and this is where you can also use the reporting system with known damage to your advantage as well.
Wholesalers do not have the time to go over each car because they move cars in bulk but if you know what you are looking for you can get a real deal not a fake one at the dealership.
Cars that have low millage that has seen an accident will usually repaired to a very high standard and the methods used today are so good that you would be hard pressed to see that the car was damaged if the work was done right.
The reality is every car will encounter an accident and every car is gong to very on it's condition. If you want a deal it is up to you to do your due diligence and know what to look for otherwise it's better to buy new. Certified is just a name to keep people complacent and it's because of the gullibility of the customer searching for the holy grail of a clean Carfax, a person like me is able to get a great deal in a hole that is wide open.
At one time maybe fifteen years ago the certification process was the real deal where they would fail a number of examples and retain only the best ones with absolutely no accidents by running it though the ringer but now they don't. If Lexus did the actual CPO then it would hold more water but it's actually the franchise that does it under the Lexus name.
Having said that I bought my car from Offleaseonly and it had reported damage however it was minor. Offleaseonly doesn't hide anything and everything is up front. All of their cars are priced based on any reported damage.
The biggest loophole in the auction business is that some states like mine do not report accident damage no matter how bad unless it's totaled. Some states do but it also depends on the body shops that are not that reliable in reporting.
Dealers use the uncertainty of the Carfax reporting to their advantage to fool potential customers and this is where you can also use the reporting system with known damage to your advantage as well.
Wholesalers do not have the time to go over each car because they move cars in bulk but if you know what you are looking for you can get a real deal not a fake one at the dealership.
Cars that have low millage that has seen an accident will usually repaired to a very high standard and the methods used today are so good that you would be hard pressed to see that the car was damaged if the work was done right.
The reality is every car will encounter an accident and every car is gong to very on it's condition. If you want a deal it is up to you to do your due diligence and know what to look for otherwise it's better to buy new. Certified is just a name to keep people complacent and it's because of the gullibility of the customer searching for the holy grail of a clean Carfax, a person like me is able to get a great deal in a hole that is wide open.
There are also legit body shops who do solid repairs on vehicles with today's technology, and some of the vehicles listed on Offleaseonly are pretty well priced given this consideration....if you're looking to keep this car for a few years then resell it, maybe this isn't the best option (you'll get less for resale/trade in because of an accident history) but if you plan to keep it for a long time, I wouldn't necessarily hesitate...
Auctions of course you can't pre-inspect but they do have some liability clauses for things like frame damage and such..
01-16-15, 10:12 AM
#41
How much a dealer has actually paid for a car is information that not even the sales manager is privileged to know , that's why they create fake invoices for each car.
The scam is to make you think your a smart consumer that knows all of the angles and they will use a Judo approach that leads you to over paying.
Last edited by Devh; 01-16-15 at 10:19 AM.
01-16-15, 10:51 AM
#42
Moderator
01-16-15, 10:56 AM
#43
Moderator
On a side note..my experience with carfax is that they often miss a lot of stuff. Auto check.com had way more data on cars I have purchased. Nothing to stop a purchase but more of the owner history and locations. One 600 I looked at before buying mine had a clean Carfax...the auto check report had two accidents reported. I called the Toyota dealer that was selling it..they didn't know about 2 accidents..yeah right. I called the Lexus dealer that originally delivered and serviced it..the car was "well known" to them and off the record they told me they couldn't certify it when offered to take it in on a trade because of shotty electrical repairs it had after one of the wrecks..dohh
Last edited by CJITTY; 01-16-15 at 11:00 AM.
01-16-15, 08:01 PM
#44
Pole Position
Whenever you buy a used vehicle you are taking a risk. Usually it's a good risk. Even if you do a carfax and the Lexus vin number history, as mentioned, things can fall between the cracks. I just found out something about my car. Completely clean information. Really good price. Nice trade in. Reputable Totota dealer. The other day I was washing it and noticed these "dings" all over the back passenger side door. Went to dent doctor. He said it wasn't dents. Also the back panel above the back bumper had bondo. There were little pits where the job wasn't done great. Took it to a friend who owns a body shop. He confirmed. Said it wasn't bad, but something happened. He's going to redo it for me. I called the Toyota dealer. They are paying half. I was kinda freaking out, but now I feel fine knowing it will be done right. The car drives and runs great. Moral of the story, you may never know what you are gonna get with a used car. I still wouldn't change a thing. Love my car.
01-16-15, 09:14 PM
#45
Whenever you buy a used vehicle you are taking a risk. Usually it's a good risk. Even if you do a carfax and the Lexus vin number history, as mentioned, things can fall between the cracks. I just found out something about my car. Completely clean information. Really good price. Nice trade in. Reputable Totota dealer. The other day I was washing it and noticed these "dings" all over the back passenger side door. Went to dent doctor. He said it wasn't dents. Also the back panel above the back bumper had bondo. There were little pits where the job wasn't done great. Took it to a friend who owns a body shop. He confirmed. Said it wasn't bad, but something happened. He's going to redo it for me. I called the Toyota dealer. They are paying half. I was kinda freaking out, but now I feel fine knowing it will be done right. The car drives and runs great. Moral of the story, you may never know what you are gonna get with a used car. I still wouldn't change a thing. Love my car.