Gordy35

I bought my 13 GS350 F-Sport with a little over 4K miles and it was a CPO for 40K, I could not justify the 18K difference for the 2014 model with the same equipment minus the power trunk and folding mirrors, and the car I bought is in excellent condition just like new

ckelly14

My last 2 cars were CPO Lexus, 2001 LS430 and 2007 LS460. This time I am leasing a new 2015 GS since I will running it as a business expense. The high residual of the Lexus made it an easy decision.

I am picking up my car in the AM. Will post a pic when I get home!

rijc99

CPO if you don't mind missing the few changes they added to the 15 models.

PirelliRC

I personally will never buy a used car unless im thinking to sell it in the future and make a profit on it. The reason i say this is because there are a lot people just like me who lease vehicles and drive the heck out of it. Letting the engine break in ? Yeah right. I red line her soon as i leave the dealer. And it stays that way until i return it. I might forget to change the oil on time, and other maintenance because 1. im a pretty busy guy 2. i might trade it in any sec.

Thats the whole reason i lease vehicles is too have fun with them, not take care of them. So you really dont know what you are getting even if the dealer runs all their diagnostics on it. Unless they take apart and rebuild the engine and transmission, your CPO vehicle might start giving you a lot of problems around 100K miles because it was used and abused. That the reason i buy new and keep, and lease one on side to everyday use.

Voogru

They flat out told me they won't sell below MSRP, period. 'Demand is too high'.

I am young and I look like I'm 18 (but I was 27 at the time), so I kind of wonder if they were like that simply because they might have thought I'm wasting their time and just wanted me out of there, they never even ran my credit, they just asked me what my score was.

I went to another local dealer and it was pretty much the same story. So picked up a low mile CPO 220 miles away with pretty much no hassle, they wanted 48k for it, I offered 44k (blue book value), and they took it.

The dealer experience there was far better.

Looking back, I'm glad they didn't negotiate me down. I feel that I did better with the CPO route, so they did me a big favor.

AJLex19

CPO is the way to go to save money and basically drive an "almost new car" while saving on the primary few years of significant depreciation. Seems like Lexus has changed the CPO concept for 2016+. If you check their website now, the certified program reads a little differently from past years:

"Warranty is valid for a minimum of two years/unlimited mileage after the expiration of 4 yr/50,000 mile new-vehicle Basic Warranty, or two years from your L/Certified purchase or lease date, whichever occurs later. See your Lexus dealer for details."

This is different from the 3-year/100k warranty previously offered. By the old CPO standard, the moment you purchased your car, your CPO warranty would last 3-years from the date of purchase and overlapped with your original warranty.

With the new L-Certified program it seems like the moment you purchase your car, you will have an additional 2-years of warranty AFTER the original 4yr/50k mile original warranty expires. Examples:
The new L-Certified program also indicates the the first 2-years/20k miles include free basic maintenance (oil/filter changes for your car).

Now the certification is best if you purchase a lower mileage car that still has a remaining factory warranty (which most CPO cars tend to fall under this category anyway). I'd find out from the dealership about the details of the new L-Certified program and its details to know exactly what you are getting...

Lexed350

Lexus has the best CPO program among manufacturers - three years or 100K miles whichever comes first. It's as good as the brand new car warranty.

CPO is the way to go if you don't mind getting a 2-3 year old used car. All you have to do is find the car that meets your specs for a lot less money.

SW17LS

Read above. The warranty has changed...

Lexed350

Wow that snuck up on me fast..AND I thought, since I just bought my car last December, I would be up to date. Glad I got mine last year then. This makes the new CPOs less appealing but still Lexus reliability is #1. Still would have bought my car over the 2014 E350.

SW17LS

I don't know that its less appealing. 2 years after the expiration of the factory warranty and unlimited miles or 3 years from purchase running concurrent to the factory warranty.

AJLex19

Agreed with SW15LS - its not less appealing, its just different. They are giving a few more perks (free oil changes for 2yrs during the certification warranty period) and giving you unlimited mileage range. Most of the CPO cars are off-lease/3-years old giving them 1 year left on the 4yr/50k warranty. Now there is an extra 2years on top of that which basically makes most CPO cars essentially covered for 3years anyway.

Truth is that most people don't realize that most of the CPO cars they buy typically are low mileage, off-lease vehicles that are often only 2-3years old with a balance remaining on the original 4yr/50k mile warranty. Most of the problems I encountered with my CPO Lexus cars were fixed under the bumper-to-bumper original 4yr/50k warranty (leaky fog lens; TSB headlamp defect; peeling leather seat) and would not have been covered under the CPO.

SW17LS

Right, a lot of times you find that the CPO warranty is essentially useless if you buy a newer CPO car, if you buy a 1 year old car and the 3 year CPO warranty runs concurrently with the remaining 3 years of factory warranty...you get nothing basically.

You find often dealers don't certify newer cars for that reason...theres no point. This new program does away with that issue.

islandbeef

I didn't go the CPO route and wish I did. With my wife's 2012 Benz, we got it CPO'd with unlimited mile warranty until 2019.

/slaps forehead

AJLex19

Exactly - i almost bought a non-CPO '13 GS last year from a Toyota dealership that had 37k miles because it was about $2000 cheaper than the CPO car i was getting with 43k miles. I ended up with the CPO car because it was the right color combo/had the package options I wanted.

After the purchase, i thought that in the future I wouldn't buy a CPO car, i'd just buy a late model car that had at least 2yrs left on the original warranty and that would be enough for me to feel "safe."

jduong29

Wow I hope you don't hit a tree or something redlining everywhere with a lease car.