5th Gen search- CPO worth it?

[Deuxdiesel]

Like a fool, I sold my 97 5 speed to get a Jeep TJ, and am now in the process of selling and my Frontier to get into a 5th gun 4R. Looking at '16 and newer, prices for CPO's are upper 20's to low 30's for what I want (SR5 Premium). Non-CPO versions are only a few thousand less if that, and most have higher miles. It seems like a no-brainer, but am I missing something? Thanks for any feedback.
D.

 

[MannMade82]

I bought my 2015 SR5 Premium in 2017 and it was CPO. At the time, in my area, I don't remember really seeing a price difference. The vehicle I bought just happened to be CPO. I think there are some benefits to it. The vehicle was completely serviced. New tires, fluids, wipers, buffed and waxed, chips touched up, dents removed, two keys, etc. Also the warranty doesn't hurt. With that being said though, I wouldn't hesitate to buy a non-CPO vehicle if the CarFax was clean, service records, etc.

 

[mcat707]

I talked to the service manager at my local TOYOTA dealership and he said dealerships do not change the fluids on CPO’s, they only top off fluid levels. Most cases they do change the engine oil and oil filter though. But as for transmission, engine coolant, power steering fluid, brake fluid, differentials and transfer case they only check levels and top them off. It might be different at other dealerships and states, so YMMV.

 

[Jetboy]

CPO means the dealer was able to purchase the extended warranty from Toyota. Anyone can do that. As long as the vehicle is less than 3yr/36k, you can buy the same extended warranty yourself. And it comes in a bunch of different flavors - anywhere from 5 years (from in service date) out to IIRC as long as 10 years and 120k miles. I bought 8 years and 100k on mine. If you're interested send me a DM and I'll send you the contact info at the dealer I bought it through. It was not the same dealer I bought my car from and you do not need to have it inspected. Basically just choose the extended warranty, show that it's in the date range and mileage that's still available, and pay for it.

CPO is basically just additional warranty - does not require any inspection or verification of condition.

 

[blakjack23]

I recently upgraded to a 2016 Limited. The best thing I did for every car I looked at was put the VIN into the toyota owners website. You can see the complete vehicle service history (assuming they went to dealerships) for most vehicles. It's nice to be able to buy a vehicle that the owners kept good care of. The CarFax's seemed to regularly not have all the info that was on the owners website.

The one I found had every service done on time at the dealer. When I picked it up (drove 4 hours to a WI Ford dealership) I couldn't believe how clean it was. Not a scratch anywhere and still smelled like new!

There were others that I plugged into the owners website that I found had been in the shop multiple times for random reasons. I stayed away from those. CPO is nice, but I wouldn't pay extra for it on 4Runner.

 

[llDemonll]

If you're going to pay low 30's for a used car you may as well look at brand new. Can get into an SR5P for 34-35k

 

[mustangr2]

Was thinking the same thing. When I bought 2017 I looked at used and CPO but it was like 2k difference so I figure for that price I would rather have new and know the maintenance and things were done.

If you're going to pay low 30's for a used car you may as well look at brand new. Can get into an SR5P for 34-35k

 

[Deuxdiesel]

The least expensive SR5P around here is just under 39, with most a tick over 40.

 

[blakjack23]

If I had to pay a few grand to get new over used, I would. But my 2016 Limited with 35k miles, cost me $31k. What's a new one...43k? 12k is a big difference to me.

 

[Muff Muff]

1st post here, hello everyone!

I just bought a CPO 17 TRD Offroad, with a sale price of $31,800. MSRP when new was just over $38k, but the dealership it originally sold from when new added on door edge guards, pin stripes, and a clear bra, which brought the price up over $41k. For my case, I think depreciation worked in my favor to get a used/CPO over a new.

Also, my brake fluid, power steering fluid, and oil were all fresh, and the service history was well documented.

All that being said, if OP can find a CPO cheap enough to have a big enough price delta vs. new, a good service history, and physical evidence that the dealership actually performed the 160 point check, like fresh fluids, then why not get an extended factory warranty for a negligible price difference vs. a non CPO?

 

[gainman]

Cpo is snake oil. It's just a warranty you can buy yourself (which is a scam to begin with). Just a way for them to charge you more money.

I bought a brand new trd Offroad for 35k and that includes tax title and all fees. Don't pay 30k+ for Cpo garbage

Sent from my SM-N975U1 using Tapatalk

 

[mcat707]

1st post here, hello everyone!

I just bought a CPO 17 TRD Offroad, with a sale price of $31,800. MSRP when new was just over $38k, but the dealership it originally sold from when new added on door edge guards, pin stripes, and a clear bra, which brought the price up over $41k. For my case, I think depreciation worked in my favor to get a used/CPO over a new.

Also, my brake fluid, power steering fluid, and oil were all fresh, and the service history was well documented.

All that being said, if OP can find a CPO cheap enough to have a big enough price delta vs. new, a good service history, and physical evidence that the dealership actually performed the 160 point check, like fresh fluids, then why not get an extended factory warranty for a negligible price difference vs. a non CPO?

Was the brake fluid and power steering fluid replaced under the TOYOTA CPO program or did the previous owner have it done under preventive maintenance or during repairs?

I believe to fall under the TOYOTA CPO program, the vehicle has to have the maximum of 100K or 90K miles or under (too lazy to look it up). They will try and save as much money as they can to not do any maintenance so it’s in their best interest to only top off fluids.

 

[Muff Muff]

Was the brake fluid and power steering fluid replaced under the TOYOTA CPO program or did the previous owner have it done under preventive maintenance or during repairs?

I believe to fall under the TOYOTA CPO program, the vehicle has to have the maximum of 100K or 90K miles or under (too lazy to look it up). They will try and save as much money as they can to not do any maintenance so it’s in their best interest to only top off fluids.

That I'm not sure of, I don't have a copy of the Carfax from when I bought it. I do have a copy of the CPO inspection check list, though. It does say that the oil and filter get changed, and it did look brand new on the dipstick. I wouldn't expect the power steering fluid to look too bad at 45k miles, but I would expect the brake fluid to be somewhat discolored by this point, which it isn't.

Pretty much what it comes down to is that whether CPO or not, you're still buying a used car and need to be mindful of the same kinds of things in either case. For my area, there wasn't a distinguishable price difference between CPO and non CPO, so I opted for the CPO.