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  • avatar knowledgepower 05/19/10 5:15 am PST

    Certified pre-owned vehicles generally have no room for negotiation, the dealer pays a fee on each vehicle and has to pass a checklist from the manufacturer to certify it. They normally don't negotiate on these vehicles because they also carry a better warranty in most cases than they did when new. Certified pre-owned are pretty much hassle free vehicles and you pay for that peace of mind on the selling price. Car-Max does the same thing with their pre-owned vehicles, they have a lengthy checklist of things that must check out and that also you pay with their selling price even though you have to buy their warranty. The best thing is to find a certified pre-owned in your pre-approved range or go to Car-Max if in your area.

Answers

  • knowledgepower 05/19/10 5:15 am PST

    Certified pre-owned vehicles generally have no room for negotiation, the dealer pays a fee on each vehicle and has to pass a checklist from the manufacturer to certify it. They normally don't negotiate on these vehicles because they also carry a better warranty in most cases than they did when new. Certified pre-owned are pretty much hassle free vehicles and you pay for that peace of mind on the selling price. Car-Max does the same thing with their pre-owned vehicles, they have a lengthy checklist of things that must check out and that also you pay with their selling price even though you have to buy their warranty. The best thing is to find a certified pre-owned in your pre-approved range or go to Car-Max if in your area.

  • isellhondas 05/19/10 12:23 pm PST

    It's going to be pretty hard to find a Certified car for 10,000.

    I wouldn't worry about the car being certified. I would just find the best and most dependable car to fit your budget.

    Certain makes are to be avoided!

  • boomchek 05/19/10 2:28 pm PST

    That depends on the price of the vehicle and how much money the dealer has put in it.

    Keep in mind there are taxes and other fees added on (title, reg) will increase the total price. And like others said it'll be very hard finding a Certified Pre Owned for around $10k.

    Typically in order for a vehicle to be Certified, they have to be no older than 2 or 3 years old, with low mileage and in very good condition. The Certification itself adds anywhere from $500-$2000 to the cost of the vehicle (inspection, basic maintenance, and a warranty).

    So unless you're looking at used Hyundais or Kias, it'll be tough finding anything newer or Certified for around $10k.

    Keep in mind that reconditioning costs reduce the markup and room they have for negotiations.So $3k in markup may be reduced to $1k in negotiating room because the dealer did a tuneup, put new tires on, and did some other work. Plus they gotta make a profit too.

    So if you find a car with an $10k - $11k asking price, knock off $1k to $2k add taxes and fees and title and reg you'll end up right at $10k on the road. But it all depends because every single used car has different markup and various amounts of reconditioning put into it. So $2k off on one vehicle might not work on another.



  • wchassereau 05/19/10 5:45 pm PST

    thank you all for help and info and expertise, its obvious i have some things to think about, but thank you all

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