Notices
ES - 7th Gen (2019-2025) Discussion topics related to 2019-2025 ES models

Is this normal CPO pricing process

Thread Tools
 
Search this Thread
 
Old Jul 18, 2021 | 10:24 AM
  #1  
looklexus's Avatar
looklexus
Thread Starter
Driver School Candidate
 
Joined: Jul 2021
Posts: 1
Likes: 0
From: DC Metro
Default Is this normal CPO pricing process

Hey, I came across a 2020 es300h premium the dealer is advertising as CPO for $38,995 on their site. However when I emailed them asking for their itemized OTD pricing they added on CPO as an additional line item before tax, tags, and processing. Is this normal for dealers to add CPO price on top of the advertised price of a CPO?
Reply
Old Jul 18, 2021 | 11:02 AM
  #2  
bc6152's Avatar
bc6152
Lexus Test Driver
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Dec 2012
Posts: 5,308
Likes: 1,596
From: SE PA
Default

CPO designated cars prices are hiked because they are CPO. You can find another car for less w/o the CPO designation. It's been shown by members on this forum that some CPO cars have been in serious accidents with major body repairs. Some cars had misaligned body panels and other issues due to poor repair work. Paint mismatched. Point being that you can buy a non CPO car for much less if you look long enough and hard enough. The 150 point inspection is more BS than reality because most checks are just very simple such as tire inflation, wipers,
oil level, and other mundane items. Items that you can have checked on a non CPO car by your favorite mechanic that you trust... I would not buy a CPO car and I wouldn't buy a used car w/o having it checked by a third party... Regarding your question, I think the dealer is dicking you around. Look elsewhere...
Reply
Old Jul 18, 2021 | 01:11 PM
  #3  
r8r311's Avatar
r8r311
Driver School Candidate
 
Joined: Jul 2021
Posts: 8
Likes: 2
From: California
Default

Originally Posted by looklexus
Hey, I came across a 2020 es300h premium the dealer is advertising as CPO for $38,995 on their site. However when I emailed them asking for their itemized OTD pricing they added on CPO as an additional line item before tax, tags, and processing. Is this normal for dealers to add CPO price on top of the advertised price of a CPO?
I’ve seen this happen in the past with CPO’s. I’d tread lightly with this dealership as I think they’re hoping to get you in the door to pump as much money out of you as possible. I’d email and ask for a price quote as a full “L/Certified” vehicle.

I know some dealerships in my area offer a CPO that isn’t L/Certified. The CPO is usually backed by their dealership group and not Lexus. I’d be highly suspicious if these dealerships.

Also, as the poster mentioned above don’t fall for L/Certified or CPO at face value. I highly recommend a thorough inspection of the vehicle body panels, engine, and interior by yourself. I’d say 90% of L/Certified vehicles are legit as Lexus doesn’t want a bunch of vehicles tarnishing their image that are subpar.

Also, check the vehicle CarFax to see how the vehicle was registered, “owner, leased, demo, rental, loaner car, etc.” This also helps complete the story of the kind of vehicle you are purchasing. I tend to stay away from loaner vehicles and rentals as they’re usually beat to crap by people who drive them.
Reply
Old Jul 18, 2021 | 03:00 PM
  #4  
dklanecky1's Avatar
dklanecky1
Intermediate
5 Year Member
Liked
Loved
Community Favorite
 
Joined: Jan 2019
Posts: 441
Likes: 147
From: WI
Default

Originally Posted by bc6152
CPO designated cars prices are hiked because they are CPO. You can find another car for less w/o the CPO designation. It's been shown by members on this forum that some CPO cars have been in serious accidents with major body repairs. Some cars had misaligned body panels and other issues due to poor repair work. Paint mismatched. Point being that you can buy a non CPO car for much less if you look long enough and hard enough. The 150 point inspection is more BS than reality because most checks are just very simple such as tire inflation, wipers, oil level, and other mundane items. Items that you can have checked on a non CPO car by your favorite mechanic that you trust... I would not buy a CPO car and I wouldn't buy a used car w/o having it checked by a third party... Regarding your question, I think the dealer is dicking you around. Look elsewhere...
If you really want to watch a sales person squirm, as them IN PERSON for a copy of the 150 point inspection that they did on the car your interest in buying.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
CPMD
RX - 2nd Gen (2004-2009)
69
Nov 28, 2012 11:44 AM
ccyockey
IS - 2nd Gen (2006-2013)
14
Jun 17, 2011 11:23 AM
kalcris
GX - 1st Gen (2003-2009)
10
Mar 30, 2011 10:50 AM
diablo360
SC430 - 2nd Gen (2001-2010)
20
Jan 7, 2010 07:48 AM
jadeboy
IS - 2nd Gen (2006-2013)
29
Aug 11, 2007 02:17 PM




All times are GMT -7. The time now is 08:52 AM.