NickNosalik

I know Lexus will only CPO model years up to 6 years old so what happens to a 2017 CPO when the clock strikes 2024?

What would stop me from keeping track of a VIN# of a CPO and when it is no longer a CPO, purchasing it for less "used" in lieu of "CPO" knowing Lexus has completed its complete check-out of the vehicle initially when they CPO'd it?

I hope my question makes sense!

Thank you.

jrmckinley

I think I get where you're going. So you're basically saying if a 2017 CPO car sits on the lot for long enough, it'll become non-CPO and you want to buy that type of car? I would guess the CPO is done by month of production of each individual car, and not that 12:01 am of January 1st all of those 2017 cars are no longer CPO-able.

NickNosalik

Yeah that was just an extreme example. Can I sit on a 2017 CPO until it just becomes a "Used" car on the lot and then purchase it for significantly less than with the CPO up-charge?

Advantages of this would be I am guaranteed that it was confirmed to be a mechanically sound vehicle as Lexus inspected it and determined it was worth of the L/certified tag.
Disadvantages would be i am not getting the L/certified warranty but I am not sure how much that really matters for a CPO then "used" Lexus with less than 75k.

tex2670

I think you are giving WAY more value to a car that "was" a CPO than is due. Do a Google search and you will find LOTS of stories of people that bought a CPO and later discovered items that "should" have been caught in a CPO inspection (like worn tires) which were not.

bitkahuna

iTrader: (20)

yeah cpo is basically a warranty... lexus et al saying they'll stand behind it and that it wasn't falling apart when they checked it out.
after 6 years though, anything's possible.
so unless you can also get all the service records, maybe have a pro check it out to make sure no damage and other no no's, you're still gambling.
also, your example of the 2017 that will no longer be cpo in 2024... there shouldn't have been much if any markup anyway after all these years, as i say, it's just a warranty really, so if it was only 1 extra year, it's not going to be a big cost.
plus... dealers... meaning it will still come back to your negotiating skills for that 'cream puff' former cpo car.

timmy0tool

iTrader: (7)

as stated, you would just loose the actual warranty that a CPO comes with, which is up to 100k (better warranty than new)! but the car would still be very desirable as it needed to pass a rigorous inspection for it to get CPO'd in the first place.

i believe most of the time the dealer would move the car even before the CPO eligibility has lapsed. meaning another party would have likely received the vehicle afterwards (auctioned off for example), if they didn't mark it down enough to sell off the lot.

RNM GS3

Lexus CPO doesn’t mean much.
Years ago when I was shopping for GS430s, I looked at bunch of CPO cars and all were well below my tolerance of wear/tear. I drove all the way to PA on what seemed to be a perfect car, only to find out door was repaired and not on Carfax.

Don’t fall for the CPO inspection BS - it’s not just Lexus, all other brands are just as bad bec its dealers that certify these cars, same folks that don’t know the proper psi to inflate the tires to…..

jwong77

This always cracks me up when a salesman will talk up the ten thousand point inspection that the CPO car goes through. I am tempted just to tell them to save it for the next sucker.