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3rd Owner?

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Old Jul 23, 2024 | 02:59 PM
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I'm still watching CPO's. Ran into a 2023 that is a good fit, but it looks like it sold recently and is now for sale again. Very little maintenance history on Carfax, although being a Corporate fleet vehicle it could have been maintained in house.

Would 2 owners on a 2023 be a red flag?


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Old Jul 23, 2024 | 03:35 PM
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IMO I would not bother me.As for the 27 days the buyer my be the selling dealer you are looking at.
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Old Jul 23, 2024 | 04:30 PM
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Having been a loaner would be a deal breaker for me. No different than buying a rental car. Bare minimum maintenance and driven hard.
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Old Jul 23, 2024 | 05:26 PM
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Originally Posted by Denzlex
Having been a loaner would be a deal breaker for me. No different than buying a rental car. Bare minimum maintenance and driven hard.
I'm not sure that it was a loaner. Here is a link to the listing. No dealer fees.

https://www.lexusofwinterpark.com/au...k-fl/91616704/
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Old Jul 23, 2024 | 05:27 PM
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Originally Posted by sprocket
I'm not sure that it was a loaner. Here is a link to the listing. No dealer fees.

https://www.lexusofwinterpark.com/au...k-fl/91616704/
Isn’t that what corporate fleet means? Perhaps I’m wrong.
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Old Jul 23, 2024 | 05:31 PM
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Originally Posted by Denzlex
Isn’t that what corporate fleet means? Perhaps I’m wrong.
It could have been owned by a Company for an employee or executive.
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Old Jul 24, 2024 | 10:55 AM
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Originally Posted by Denzlex
Having been a loaner would be a deal breaker for me. No different than buying a rental car. Bare minimum maintenance and driven hard.
I’ve bought two vehicles from Hertz Auto Sales. My first was a 1998 Chevy Monte Carlo. I drove it for three years with no issues. The second was a 2018 Hyundai Santa Fe Sport for my mother in law. It’s been great for her as well. Fleet vehicles are often maintained better than privately owned cars.
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Old Jul 24, 2024 | 11:16 AM
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Originally Posted by FastDawg
I’ve bought two vehicles from Hertz Auto Sales. My first was a 1998 Chevy Monte Carlo. I drove it for three years with no issues. The second was a 2018 Hyundai Santa Fe Sport for my mother in law. It’s been great for her as well. Fleet vehicles are often maintained better than privately owned cars.
You can certainly find plenty of anecdotal evidence for both sides, I’ve just never been a gambler. A car with bare minimum maintenance and abused by scores/ hundreds of drivers doesn't appeal to me.
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Old Jul 24, 2024 | 11:24 AM
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The more I think about it, the more it may make sense to hold off a little and buy a 2024 when the 2025's start to show up. With a slowing economy, there may finally be a little wiggle room.
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Old Jul 24, 2024 | 12:01 PM
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That's what I would do if I could. A loaner might work for one person but overall not be a safe bet.
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Old Jul 24, 2024 | 12:22 PM
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Originally Posted by ndunn
That's what I would do if I could. A loaner might work for one person but overall not be a safe bet.
I'm not in a rush as I am keeping my Sequoia. The ES would become my daily driver and road trip vehicle and the Sequoia reserved for towing and camping.
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Old Jul 24, 2024 | 12:56 PM
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Originally Posted by Denzlex
You can certainly find plenty of anecdotal evidence for both sides, I’ve just never been a gambler. A car with bare minimum maintenance and abused by scores/ hundreds of drivers doesn't appeal to me.
I actually discussed this with a mechanic who had worked for Hertz. He told me that the majority of rental vehicles go to an auction. The only vehicles they sell they put a one year bumper to bumper warranty on them because they have not been abused. I got warranties on both of the cars that I bought from Hertz. I don't consider that being a gamble because I bought them 20 years apart. The 98 Monte Carlo only had normal maintenance. The 18 Hyundai has not had anything but normal maintenance.
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Old Jul 24, 2024 | 01:16 PM
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Originally Posted by FastDawg
I actually discussed this with a mechanic who had worked for Hertz. He told me that the majority of rental vehicles go to an auction. The only vehicles they sell they put a one year bumper to bumper warranty on them because they have not been abused. I got warranties on both of the cars that I bought from Hertz. I don't consider that being a gamble because I bought them 20 years apart. The 98 Monte Carlo only had normal maintenance. The 18 Hyundai has not had anything but normal maintenance.
I’m curious as to how a Hertz mechanic, or anyone for that matter, would know which rental cars haven’t been abused.
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Old Jul 24, 2024 | 06:44 PM
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Originally Posted by Denzlex
I’m curious as to how a Hertz mechanic, or anyone for that matter, would know which rental cars haven’t been abused.
Have you ever worked on a car? Torn apart an engine? Looked at the oil you take out of a block? Looked at the condition of a body on a car? Looked at the interior? Been responsible for one of the leading car rental companies in the world?
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Old Jul 24, 2024 | 07:22 PM
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Originally Posted by FastDawg
Have you ever worked on a car? Torn apart an engine? Looked at the oil you take out of a block? Looked at the condition of a body on a car? Looked at the interior? Been responsible for one of the leading car rental companies in the world?
Yes, I’ve worked on cars. Never torn apart engines. Do Hertz mechanics tear apart all their engines prior to deciding whether each car goes up for sale or to auction? I’m pretty sure they don’t. Are they examining the oil they drain or sending out samples to Blackstone Labs? Not likely. When people talk about abuse, most are not talking about cosmetics. It’s partially about maintenance, but mainly how the car was driven. Again, not impressed by a company that does bare minimum maintenance. I don’t care how big they are. Problems from bare minimum maintenance (i.e. 10k mile oil changes) and hard driving may not exist at the time of sale, but will rear their ugly head down the road. So I’m still wondering how they know which cars were abused, and which ones weren’t.

Last edited by Denzlex; Jul 24, 2024 at 07:43 PM.
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