PDR447

Sorry if this is the wrong forum... I couldn't find one that seemed to fit well. Anyways, is there any difference between the two? Is the CPO warrenty full coverage like the original?

Thanks

PDR447

nobody knows???

Johnny Rad

Lots of answers on the Lexus CPO site...

http://www.lexus.com/cpo/

TheRupp

I bought my ES as a CPO at 37k. I have 57k on it now and I haven't used the 100,000 mile warranty yet, but it's good to know that I have it since i'm 7,500 miles past the factory warranty

PDR447

haha, what a concept of looking on the actual site! I shoulda thought of that!

thanks

TheRupp

I know this is WAY offtopic, but why isn't this emoticon animated?

it's supposed to look like this:

Anyway, what car are you looking at?

PDR447

haha, don't know why mine's "paused" like that.

I'm planning on getting an IS300, 5 speed.

rheiy

Another poster already provided the link to cpo, but to answer your question, there is a difference between new and cpo. The new car warranty does in fact cover items not covered under CPO.
Examples include Wiper Blades, Belts, Hoses, and Full replacement of the battery. When I purchased my car, it was covered under both new and CPO. During the new car warranty, I had
my wiper blades, 2 belts, and battery replaced

AsianGirl007

iTrader: (1)

Hmm..that's interesting CPO warranty didn't cover those items because Lexus touts it to be just as good as a new car warranty?
It would depend on the year of the car you are buying. If it's say, a 2004 with 20,000 miles, I wouldn't sweat it because you still have remaining 4 year/50,000 warranty and 6 year/70,000 powertrain warranty left. If you don't drive very much it also doesn't do much because the CPO warranty is 3 years from now OR 100,000 miles total odo, whichever comes first. So in 3 years the warranty will end and you lose the mileage portion of it. Nor do you get any remaining new car warranty as you only get one warranty or the other not both.
Now if it's say, a 2002 with 45,000 miles, I'd get a CPO car. In addition if you want to finance, Lexus Financial offers decent financing, in some cases it's lower than new car financing. Usually it's the other way around.
Keep in mind that a CPO car will cost more than a non CPO car because it costs the dealer money to certify a used car and it gets tacked onto the bottom line. This includes all the things the service department does to make it pass the certifying rules. There's 160 things each car has to pass before getting certified.

Good luck.

PDR447

hmm, interesting, so the new warrenty covers more "wear and tear" stuff than the CPO?

I'm looking at getting an 03 or newer IS with less than 30k miles. Do you think I should bother with a CPO? The only thing that makes me kind of lean towards the CPO is the fact that the IS tends to be driven "harder" than most cars since it's somewhat sporty. I'm a little concerned about buying a car from "Joe" down the street and then having stuff start breaking since it was driven hard. Should I be concerned about this? I will have SOME original warrenty left(2-3 years and 20-30k miles, depending on the year and mileage of the car I buy).

Thanks for any advice!

AsianGirl007

iTrader: (1)

Oh, I didnt know you was considering a car from "Joe". Thought you was considering a car from dealer. Even if the car's not a CPO dealers are still regulated by law to do minumum checks on it.
Yeah, unless you know what to look for, I'd be wary about buying a car from private party. Absolutely run a carfax on it and get the vin# to stop by any Lexus dealer to ask nicely if they will run the national service histoy on it. This will at least give you a indication of vehicle overall condition. Also you can pay $50 or something to a mechanic to go with you to look at it.

rheiy

Using your example, let's assume the car was placed into service in Jan 2004. From a time perspective, the warranty will expire in dec of 2007. Lets also assume that the original owner
trades in the car in June of 2005 with 20K miles and another person buys in same month as cpo.
The benefit the next owner gets is the remaining new car warranty till dec 2007 or 50K miles. The cpo would over lap the new car warranty and be good to june 2008 or 100k . Warranty coverage will always be based on remaining new car warranty 1st and then cpo after that.

AsianGirl007

iTrader: (1)

I see what you are trying to say, but warranties do not "overlap". That is what I was trying to say. It's either new car warranty or CPO warranty. If you buy from a dealer it's either certified or it's not. Once you certify a car it goes into the computer's main database with a "certification number".

rheiy

maybe we're saying the same thing. When I got my 01 gs430, it was a cpo. It had 10K miles and during the remaining new car warranty is when I had 2 belts replaced, battery, and wiper blades.
Eventhough the car was cpo, dealer said those items fell under new car warranty. The new car warranty expired in Nov 2004 and my cpo expired in Mar 2005. In Feb of 2005, I had the ECT dash light fixed (I'm always running in power mode) and it fell under cpo.