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I happened to be browsing online listing and came across a prior CPO lexus from 2008 that has a carfax reported accident. Not only was it an accident, it was an accident with disabling damage and it required the vehicle to be towed. I was under the impression that CPO cars could not have had an accident? Have the rules changed? See below
I'm not an expert on this, but I think it can be offered as a CPO as long as the accident wasn't severe enough to bend the frame or cause other major damage. Notice the date, though.....2008. A car that old could not be offered as a CPO, today, under any circumstances.
CPO is a gimmick that you pay $5-10k for over non-CPO vehicle.
At the end of the day, its a used car so buyer beware.
Actually, with a CPO, if the procedure is done correctly, no, it's not necessarily Buyer Beware. CPOs come with a very comprehensive warranty....almost like getting a new car. A CPO does usually cost a little more, but your claim of 5-10K is usually overdoing it.
My biggest concern, though, with CPOs, is that many dealerships are so busy with regular service and repairs that the Technicians simply don't have the time to spend with the CPOs, going down that long list of inspections/repair/replace items.....so they may (?) be tempted to cut some corners if it's not too serious an issue. I myself have occasionally seen things overlooked on some CPO's I've looked over.
I'm not an expert on this, but I think it can be offered as a CPO as long as the accident wasn't severe enough to bend the frame or cause other major damage. Notice the date, though.....2008. A car that old could not be offered as a CPO, today, under any circumstances.
That's true its back from 2008 but I remember when I bought my 2006 LS430 they had told me that no accident vehicles could be certified but maybe I misheard. I even remember I thought they said that there was a certain number of panels that could be repainted before it was disqualified as a CPO.
I believe Lexus will allow two panels to be repainted and the bumpers don't count.
Read the carfax report though, it was an undercarriage impact. The damage could be two flat tires.
That's interesting. I guess my point was I was not aware that Lexus would CPO a car with a bad carfax from an accident but maybe they made an exception in this case because of the nature of the damage.
That's interesting. I guess my point was I was not aware that Lexus would CPO a car with a bad carfax from an accident but maybe they made an exception in this case because of the nature of the damage.
Its really hit or miss - definitely depends on the level of damage. Also keep in mind that its easier for them to sell a car with an accident on its CarFax with a CPO warranty. For instance, i've seen many, many Land Rover dealerships offering CPO on SUVs that have damage or were in accidents.
In my searches, it seems like you can find any brand's dealerships offering a CPO warranty on an accident/damaged car.
Certified is really a bunch of BS besides the warranty. All a dealer has to do to offer a car as certified is pay Lexus corporate their fee. They claim to inspect them (I'm sure they do to some extent), but for the most part, especially with a 1-2 year old car, I think it's safe to say they change the oil and throw it on the lot. There have been numerous horror stories posted on the forums over the years about Lexus certified cars. It seems Lexus corporate's response to complaints about the certification process is to take it up with the dealer you bought it from.