2013 RSpec CPO $23K

[Generation X]

2013 RSpec certified pre owned, with 54,000 miles listed for $23,000. Build date was October 2012. Does this sound like a good deal? Thanks.


Here is link

http://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?zip=08505&endYear=2014&modelCode1=GENESIS&sortBy=derivedpriceASC&showcaseOwnerId=65419893&startYear=2012&makeCode1=HYUND&listingType=used&listingTypes=used%2Ccertified&searchRadius=50&showcaseListingId=416649080&mmt=[HYUND[GENESIS[]][]]&listingId=412652917&Log=0

 

[sgunner]

Seems pretty good. Check the value at kbb.com or Nada. I recently bought a '13 R-Spec CPO with 36K miles for $24K though most were priced significantly higher. Good luck!

 

[Bill K]

How many miles will you be putting on it every year??
Can you afford to replace the Nav system?? (3 yr 36,000 mile warranty)
Your bumper to bumper warranty expires in 6,000 miles. Genesis repairs can be expensive.
Do you plan to buy an extended warranty????

I'd rather buy one with a lot less miles, and pay more.

 

[guybo]

Recently I went with a friend to look at some CPO cars at a Hyundai dealer. He saw 3 Elantras online that he really liked and wanted me to come, knowing that I am mechanically inclined and I'd look at them. My wife used to detail and prep cars for her Dad too and knows a lot about a car.

The first one was loaded and was the one he really wanted. Immediately upon opening the hood we saw it had been in an accident (she pointed out the headlights were different). It drove fine but still the front end had been in an accident.

The second one had a fine oil spray under the hood from the steering motor pump (I think). Tha was an immediate NO.

the third one was in good mechanical shape, relatively low miles and looked great. It was not loaded, it was not the one he really wanted but it was the best of the lot. He ended up getting it.

The point to this story is that Certified Pre-Owned is crap. It means nothing. The oil spray under the hood of the second car blew me away- IT WAS RIGHT THERE but it passed their "CPO Inspection". I want to insert a very rude .gif right now, but I'll refrain.... Make sure you take that car apart and inspect it yourself. Pull out the spare, shake the tires, crawl under the car, open the hood and crawl around in there, check belts and hoses carefully. Take a jack and jack stand with you and pull off the tires right there. Look for what's been changed (it'll look different) and fixed. Make sure the headlights are the same on both sides, look for signs of shoddy repair work (the first car tipped me off when I saw that the washer fluid rubber hose wasn't installed correctly after the accident).

Really it's best to take it to a mechanic and spend $100 to have them read codes, pending codes and when codes were last cleared. Also have them read transmission codes. Have them put it on a lift and look it over too. My friend chose to not do this step (I hope it doesn't bit him in the end) but that $100 may say you $1000's one day soon. That said, I did not do this either when I got my Genesis Coupe last year. But with a M/T there's no tranny codes and I have an OBD2 port reader.

Also- make sure you look it over and take it apart BEFORE you do the test drive.

 

[Ernie3647]

There is merit to what guybo said and only 6K left on the bumper to bumper if something goes wrong with one of the high tech systems you could be in real trouble. you could do better.

 

[Generation X]

Thats a lot of great info on having it inspected by my own mechanic. I'd rather not pay extra money for Hyundai's BS certification. Car dealerships will let someone take the car to a mechanic for multiple hours to inspect it? Thanks guybo.

Bill- I will put 10,000 miles/yr on it tops. I would buy an extended warranty if I'm allowed.. I forget how it works..doesnt it have to be a CPO to buy the extended warranty? or is that for the bumper to bumper to pass owner to owner?

If I can buy the 10 year extended warranty with full coverage on any Genesis no matter where I buy it, I'm better off purchasing it at from a non Hyundai dealership, which always have the lower prices.

 

[landtuna]

As has been stated before on the forum, a CPO is nothing more than an insurance policy the dealer buys to cover certain items for a specified time after purchase. The reseller typically does no more to "certify" a vehicle than clean it up and perhaps replace visible wear items. They don't spend a minute more than they have to and if something goes blooey after the sale they depend upon the insurance policy to cover it.

You, the buyer, pay for that insurance policy in the cost of the car (you've noticed that CPO's tend to be more expensive than non-CPO's, right?).

So, here is my advice. Give the car a good going over while it is on the lot. Then arrange to take it to a trusted mechanic/shop and have them do a pre-sale inspection. Yes, it will cost you a couple hours of labor. And yes, it may just save your wallet from a terrible mistake.

If your dealer will not let you take the car to your mechanic then let it go. Not worth the risk.

 

[Operationdoomsday]

Seeing the price dropped even more and almost to $21k flat, i'd say try and get it for $20,500 or $21,000 and it looks like it's in great condition. Like others have said, drive it and see how it looks in person and I'd tag on the bumper to bumper warranty.

Good Luck!

 

[Generation X]

Yeah, I see its dropped another $1000 a few days ago. I might check it out tomorrow, as I'm visiting family about an hour from the dealership. Gotta find a mechanic first.

Wish these cars were easier to find..like only a few miles away!