Toyota Certification: Cost & Worth

Discussion in 'Prime Main Forum (2017-2022)' started by PixelRogue, Nov 30, 2024.

  1. PixelRogue

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    We were surprised to notice the high number of Toyota Dealerships NOT certifying their pre-owned (single owner, zero accident etc) inventory. Twice we offered dealerships the sale if the vehicle were certified (CPO,) both declined. In a separate inquiry asking why certification was not listed, tne dealership responded saying they didn't certify their pre-owned vehicles to be more competitive in the market. Essentially saying that certifying a car required increasing the price and the vehicle would be harder to sell at a higher price point.
    • What does it cost a dealership to certify (let's say gold certify) a vehicle?
    • What would be a reasonable price to 'pay' for said certification as a buyer?
    • Is it worth asking the dealership to certify a vehicle at an extra cost?
    From my perspective the majority of certification is an inspection, and then presume the vehicle gets recorded as certified in a national Toyota dealership.I'm sure I'm wrong here and hope others have core knowledge; looking to stay away from speculation and seemingly logical conclusion w/o facts.

    There is a 2020 Prime of interest ATM where it is the same Toyota dealership that sold the vehicle as new, maintained it as scheduled throughout and now selling as pre-owned; miles under the annual average. Would Gold certification gain much? This isn't a question of asking the buyer/OP 'what are these things worth' as much as it is understanding what the actual cost is to the dealership, are some of these items covered anyway because xyz etc.

    -----

    GOLD CERTIFIED
    • Eligibility: vehicles up to 6 model years old and 85,000 miles or less on the odometer.
    • Limited Comprehensive Warranty: 12-month/12,000-miles
    • Limited Powertrain Warranty: 7-year/100,000-miles
    • 24-Hour Roadside Assistance:7-year/100,000-miles
    • Extended Warranty Coverage (items 2, 3, and 4 above) transferable at no cost for added resale value.
    • Quality Assurance Inspection 160-Point minimum
    • Free CARFAX Vehicle History Report.
    • Standard New-Car Financing Rates Available
    • Warranty honored at over 1,400 Toyota dealers in the continental U.S. and Canada.
    • Trade-ins accepted.
    • Trouble-free handling of your transaction, including DMV paperwork

     
    #1 PixelRogue, Nov 30, 2024
    Last edited: Nov 30, 2024
  2. vvillovv

    vvillovv Senior Member

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  3. bisco

    bisco cookie crumbler

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    i've always believed that certification is just an expensive short term insurance policy.

    when did dealers start needing to be competitive?
     
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  4. rjparker

    rjparker Tu Humilde Sirviente

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    You can get a comprehensive inspection from them but they are unlikely to fix any issues for free. They would have already fixed most major issues they know about.

    However the biggest cost to the dealer for certification is the warranty which is good, transferable and usable at other dealers along with roadside assistance. That may cost the dealer $1,500 to $2,000 he does not have in the current price.
     
  5. BiomedO1

    BiomedO1 Senior Member

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    Dealerships aren't certifying because most savvy consumers just buy something like Carshield.
    1. It's a cost savings to the dealership, so if the car blows up - We didn't know anything about that (Plausible deniability, we're all innocent here:oops:). The truth of the matter is, at least in my state - there are certain minimum safety criteria cars must meet rolling out of a dealership - even on an as-is sale. A parts car sale is a whole another animal, where dealerships gets to skirt those rules. That's why people need to READ before signing any sales documents. You could be waiving your consumer protections rights, buried in those documents.
    2. They get to pocket the cost savings, instead of tying up a few of their service people doing certifications - they can work on more revenue generating areas - Like fix that car that just blew up, for a price:LOL::love::notworthy::giggle:

    I don't know, but it seems to me, over the last decade - more people are blaming others for their own problems, instead of taking responsibilities for their own actions/inactions. ie. The drive it like I stole it, because it's covered by a warranty..

    Just my two-cents....
     
  6. vvillovv

    vvillovv Senior Member

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    Apologies in advance for picking apart your post above.
    A prime example of what you write about is usually buried in nearly any internet or operation system "Terms of Service" "Our Policies" agreements, most of us blindly click accept. And not limited to internet and / or computer / phone operation systems.
    All anyone needs to read in any of them is the
    " Indemnification Clause(s) " to understand the full extent of what we've agreed to and the service we can expect.

    It's also a good idea to search out or look for the term obfuscation within these documents and understand the implications of how it's presented in the wording when it appears.
     
    #6 vvillovv, Nov 30, 2024
    Last edited: Nov 30, 2024
  7. PixelRogue

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    Dealership post a small print blurb on their marketing alleviating everything from the start...they do their best to represent the sale yet not responsible to typos, missing information, misrepresentation and the list goes on.

    The small print of a sale will start w/arbitration agreements and end w/indentured servitude of the first born son. Now try to purchase a vehicle, house etc. and cross out portion of the contract with which you disagree and do not like and see how far you get in the purchase process.
     
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  8. MalachyNG

    MalachyNG Active Member

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    Probably a more palatable excuse than "These cars are selling regardless so we may as well not eat into our profit margin by certifying it"
     
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  9. Mendel Leisk

    Mendel Leisk Witness Leader

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    That’s actually doable. Customers are cowed by a printed document, but it’s neither binding nor final, till signed by both parties, and either party can edit the document, on the way to that mutual signing.
     
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  10. BiomedO1

    BiomedO1 Senior Member

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    I do strike things I don't like in a sales contract and I don't need a new car or whatever that badly. There are other options and alternatives. Lots of people get in over their heads, then blame the banks, stealerships, landlord, and whomever. My question is, did they put a gun to head and make you sign that agreement?
    Point is, you can always walk away if the sales terms aren't to your liking. Go ahead and place yourself into indentured servitude; if you want that car that badly - Just don't complain about it when they tell you what to do. They don't care that you lost your job and can no longer make your crippling monthly payments.

    It's a free country, for now.....
     
  11. PixelRogue

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    Legally 'doable' yes.... make the edit and initial. That said, the seller of the vehicle/home/etc are often not allowed, afraid, or refuses to allow edits and will forgo the sale for even the slightest of edits.
     
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  12. PixelRogue

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    Yes, if you sign it you agree and no one put a gun to ones head. I have lost out on real estate purchases by crossing out arbitration clauses... and point being the buyer is the one always losing out by having to walk away. Don't like our arbitration clause, you can go get your insurance from a smaller lesser known and more expensive insurance agency for example. There is always someone ready to buy the home you walked away from by insisting on editing the legal document.
     
  13. bisco

    bisco cookie crumbler

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    Yeah, unless things have changed recently, it’s a sellers market
     
  14. BiomedO1

    BiomedO1 Senior Member

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    And the reason I stated that this is a bad time to try to buy a new car - but the circumstances are shifting. New car sale lot times are slowly increasing - that's good news for buyers.
     
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  15. PixelRogue

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    Purchased the car - ultimately was 'not' certified.
     
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  16. sc91

    sc91 New Member

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    I bought a gold cert ‘18 in Dec

    It doesnt mean much that im aware of. I get the remaining warranty transferred.
    Dealers will stick bicker with you and refuse to pay for repairs.

    My cars dome lights (all of them on ceiling interior) dont work - didnt notice til i got home
    Why do i suspect they arent going to fix that for free.

    Gold certified surely doesnt mean theyll toss on a 850 dollar “new part” heat exchanger replacement

    The local dealer said “you get the remaining warranty, whats that, like 2 years or so”
    Wow, sounds like a real perk, not even sure when it ends

    full disclosure i talk to them as little as possible
    Buying a car is kind of like holding your breath as a kid passing cemeteries.

    that said, i love the car, its really a nice car
    We drive land cruisers normally here, prius looks a little weird but is awesome car