2005 RX 330 CPO or Used
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Driver School Candidate
Joined: Nov 2005
Posts: 1
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From: CA
2005 RX 330 CPO or Used
Assuming there are two identical 330s (2005 model) with ~20K miles on them. Does it make sense to buy it as a CPO or as a Used car?
Used car gets : (remaining) 3 years and 30K miles basic warranty (+ Powertrain warranty ?)
CPO gets: 3 years and 100K warranty.
Which one is better? Is basic warranty better than CPO? Does basic warranty cover more stuff than CPO? I appreciate your input.
Used car gets : (remaining) 3 years and 30K miles basic warranty (+ Powertrain warranty ?)
CPO gets: 3 years and 100K warranty.
Which one is better? Is basic warranty better than CPO? Does basic warranty cover more stuff than CPO? I appreciate your input.
CL Community Team
Joined: Apr 2001
Posts: 16,579
Likes: 1,394
From: Austin, TX
No two machines are identical .. even the ones that roll off the assembly line .. brand spanking new.
CPO is essentially vehicle with extended warranty and hence the difference in price.
So your question really is should you buy extended warranty. Answer to that depends upon the price , your risk taking ability and matter of chance.
Lexus are for the most reliable, but your perticular vehicle may develop problems (hopefully not). Insurance companies make profit from selling the warranties.
My advice would be to pass on a vehicle with no-maintainence records. No/poor maintainance for sure will result in more problems.
Salim
CPO is essentially vehicle with extended warranty and hence the difference in price.
So your question really is should you buy extended warranty. Answer to that depends upon the price , your risk taking ability and matter of chance.
Lexus are for the most reliable, but your perticular vehicle may develop problems (hopefully not). Insurance companies make profit from selling the warranties.
My advice would be to pass on a vehicle with no-maintainence records. No/poor maintainance for sure will result in more problems.
Salim
Driver
Joined: Apr 2002
Posts: 123
Likes: 1
From: MI
If you go over the 30,000 miles in the next three years...
Originally Posted by Babu
Assuming there are two identical 330s (2005 model) with ~20K miles on them. Does it make sense to buy it as a CPO or as a Used car?
Used car gets : (remaining) 3 years and 30K miles basic warranty (+ Powertrain warranty ?)
CPO gets: 3 years and 100K warranty.
Which one is better? Is basic warranty better than CPO? Does basic warranty cover more stuff than CPO? I appreciate your input.
Used car gets : (remaining) 3 years and 30K miles basic warranty (+ Powertrain warranty ?)
CPO gets: 3 years and 100K warranty.
Which one is better? Is basic warranty better than CPO? Does basic warranty cover more stuff than CPO? I appreciate your input.
We were faced with this exact same question on a 2004 earlier this year and had the dealer knock the $1,000 of an already CPO car and take the warranty off. It was worthless to us.
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