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BRZ First-Gen (2012+) -- General Topics All discussions about the first-gen Subaru BRZ coupe |
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04-21-2014, 08:25 PM | #1 |
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Experiences with CPO?
I am trying to figure out if buying a CPO or a new subaru is a better choice? I am looking for a brz limited 6mt. I test drove a used one on saturday but am trying to decipher the financial differences between CPO and new. Here is what I have came up with.
2013 Limited BRZ Certified Pre Owned ($26,400) Pros Possibly cheaper after negotiations Increased powertrain warranty (7 years/100k miles) Galaxy Blue color Available immediately 700 miles Cons First model year Lower resale value (2013 vs newer)(second owner) Worse financing terms New Limited BRZ (2014 or 2015) Pros Subaru VIP Program (2% below invoice) Better resale value Better financing terms Cons Possibly more expensive than well negotiated 2013 Worse powertrain warranty (5 years/50k miles) Must wait until July Anyone else have any possible pros and cons to help me make my decision? Last edited by heisenbergbrz; 04-21-2014 at 08:52 PM. Reason: I'm forgetful |
04-21-2014, 08:40 PM | #2 |
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What's the price? That's the biggest piece you left out.
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04-21-2014, 08:44 PM | #3 |
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Oh sorry! It is listed at $26,400 but the salesmen said that is pretty negotiable.
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04-21-2014, 08:49 PM | #4 |
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Sorry, what's the mileage? That seems high even with low mileage though.
IMO if you are within $2-3k difference from buying new...buy new.
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04-21-2014, 08:51 PM | #5 |
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I forgot all the important information! ahh. the used BRZ had 700 miles
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04-21-2014, 08:53 PM | #6 |
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2013 Limited BRZ Certified Pre Owned
Pros The potentially better sale price helps lessen the hit taken for depreciation compared to buying it new. Cons Even with a better warranty, you have no idea how the previous owner treated it, or even if they broke it in properly. And you likely won't know for a while. New Limited BRZ (2014 or 2015) Pros You know how it's been treated since day one. Cons Pretty much the same car as before, with nothing new, really. So no reward for having held out for a year. |
04-21-2014, 09:00 PM | #7 |
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The used car is still in the break in period and was supposedly traded into the audi dealership by a 70 year old man who disliked getting in and out of such a low car. He left with an A6. There shouldn't be a destination fee when purchasing a used trade-in correct? That is another $800 or so saved over new
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04-21-2014, 09:16 PM | #8 |
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Who cares how much your savings are, if your financing terms on the new one are better. You have to look at total cost of after interest financing to see what really is the better deal.
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04-21-2014, 09:22 PM | #9 |
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Someone has taken the depreciation hit on the CPO car. Also, depending on how far you want to go with mods the extra warranty might be not even worth considering. You're going to get out the door cheaper in the CPO and 700 miles is basically brand new. The money you save on the lower interest rate might not even equal what you'd pay for the new limited.
On the other hand, theres something about a new car. Being the first owner and being able to break it in. |
04-21-2014, 09:27 PM | #10 |
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I paid less than $26,400 for my Limited BRZ new.. ($26,575 after tax/title/etc to be exact)
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04-21-2014, 09:28 PM | #11 |
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I paid less than $26,400 for my Limited BRZ new..
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04-21-2014, 09:38 PM | #12 |
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Yes I plan on being able to get close to this price with the subaru VIP program on a new BRZ and 8% tax rate. I am starting to think that the used would have to come down to about $24k to make it worth it to me. Does anyone think this is a reasonable price to expect for this used car?
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04-21-2014, 09:39 PM | #13 | |
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Quote:
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04-21-2014, 09:41 PM | #14 |
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