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5th & 6th Generation (2002-2006 & 2007-2011) Toyota Camry Discussion for years: 2002-2006 & 2007-2011 Topics of discussion range from fuel economy, safety, modifications, performance all involving America's favorite family car, the Toyota Camry.

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Old 09-27-2011, 08:13 PM   #1 (permalink)
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buying a used 2010 Camry

I'm thinking about purchasing a used 2010 Camry LE - 4 cylinder. I have found 2 cars locally that are in my price range and they both have around 35-38K. One car is a certified preowned Camry and the other one is not. The CPO car costs $1700 more. The CPO warranty would give me a one year comprehensive warranty and 2 additional years on the powertrain. Given the problems that this car has, would I be wise to spend the extra $1700? My 98 Camry didn't have any problems that would have been covered by an extended warranty but I've heard that the newer models aren't as reliable. Could someone tell me if there are any common problems with this vehicle that tend to creep up as the car ages? I personally like the non-CPO Camry better but would consider buying the certified preowned one if the extra warranty is needed.
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Old 09-27-2011, 09:26 PM   #2 (permalink)
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the gen 6 is still pretty good as ive heard, but the 2.5 is a new engine.... i havent heard anything bad about it yet, but normally any "known" problems take a few years to pop up; for instance when the 2.4 came out, some early models had head bold/gasket issues and most 2.4s will probably go through a water pump or two in its lifetime..... its still an exellent engine and i plan to get a lot of life out of mine

the assurance of a extended factory warranty never hurts..... you may be even able to talk down the price of either car as well
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Old 09-28-2011, 10:57 AM   #3 (permalink)
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i bought my 2010 CPO Camry SE I4 with 39,000 miles just this past August. Definitely get the CPO one. From my understanding, CPO is:

1. first year, 12 months or 12,000 miles have comprehensive warranty (everything is covered, bumper to bumper, similar to new car)

2. After the first 12 months or 12,000 miles are up, the car will have powertrain and normal warranty up until 100,000 miles or 7 years. So if the car is 2010, you will have until 2017 OR if your car has 40,000 miles, you will have another 60,000 miles warranty.

i think the 1700 is not much, definitely not much if you finance it for 3-5 years. Every month is a very low additional cost...given you get a good APR

but definitely look at the condition of each car..that plays a huge factor as well.
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Old 09-28-2011, 11:57 AM   #4 (permalink)
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i HAVE a 2010 LE I4 and i got it about 16 months ago, and it has just over 17,000 miles..i absolutely have NO ISSUES whatsoever...

all i have ever done since i bought it was, rotate the tires, oil/filter changes, K&N air filter, and a new cabin air filter....i should point out, i use the TRD oil filters.

i have NO paint issues, no rattles, no shimmies, no nothing.....

i would go with the CPO just for the extra warranty, but the other one is every bit as good.

enjoy which ever one you buy......
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Old 09-28-2011, 12:12 PM   #5 (permalink)
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CPO got my vote to
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Old 09-28-2011, 06:05 PM   #6 (permalink)
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Quote:
Originally Posted by cocoLatte View Post
i bought my 2010 CPO Camry SE I4 with 39,000 miles just this past August. Definitely get the CPO one. From my understanding, CPO is:

2. After the first 12 months or 12,000 miles are up, the car will have powertrain and normal warranty up until 100,000 miles or 7 years. So if the car is 2010, you will have until 2017 OR if your car has 40,000 miles, you will have another 60,000 miles warranty.
Are you sure? The Original warranty is only 60,000 miles/5 years.

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Old 09-29-2011, 01:58 AM   #7 (permalink)
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Quote:
Originally Posted by gator1939 View Post
Are you sure? The Original warranty is only 60,000 miles/5 years.

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Yes, I am 100% positive as long as the vehicle Is purchased from toyota dealer and it is toyota who is offering the CPO. It's the only way Toyota dealers can incentivize people to buy used since it's almost same price as a new one.
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Old 09-30-2011, 05:42 AM   #8 (permalink)
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How much are they asking? Chances are, it's either an ex-Hertz or ex-Enterprise rental. They're unloading their '09 and '10 Camrys now - I know Hertz has bone stock LEs and SEs in their fleet. If you buy directly from Hertz they're going for about $16K and you can buy an extended warranty from them.
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Old 09-30-2011, 12:19 PM   #9 (permalink)
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^agreed. usually the SEs or LEs with no sunroof or options are from a rental/company fleet.
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Old 10-01-2011, 09:35 AM   #10 (permalink)
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Be Careful

Having just puchase a CPO Camry, here is what I learned:

CARFAX reports are meaningless. I found out from a different dealership than the one I purchased my 2009 from that the vehicle had been in an accident. The REAL vehicle history which the front desk service guy printed out for me showed that the front bumper and 2 wheels had been replaced.

Their 150 whatever checklist they tout is largely dependent on the dealership you buy the car from. The second dealership noted above found a plug in one of the tires very near the outside sidewall which is a safety hazard. Toyota replaced the tire under warranty.

After purchasing the car there was a persistent rattle coming from the inside of the roof. I have a factory sunroof. Toyota's policy says that the warranty does not cover sheet metal which was the cause. Turns out that Toyota has a service bulletin on repairing this. After raising hell I got it repaired as a one-time-good-faith gesture. Right.

And the 12 month bumper to bumper warranty doesn't cover everything unless you pay more. Ask the dealer for the booklet that outlines what is covered and what is not. Generally if its a safety issue its covered but otherwise you can forget about it.

All is good now and the car runs great but I can't say I'd ever buy a Certified Pre-owned car of any make again. Where do all the lemons go? Where did all the Katrina cars go? Think about the risks before you buy. Used car dealerships will do anything to move product including welding 2 half cars together.

Last edited by Yardape52; 10-01-2011 at 09:42 AM.
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Old 10-01-2011, 12:49 PM   #11 (permalink)
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Quote:
Originally Posted by Yardape52 View Post
Having just puchase a CPO Camry, here is what I learned:

CARFAX reports are meaningless. I found out from a different dealership than the one I purchased my 2009 from that the vehicle had been in an accident. The REAL vehicle history which the front desk service guy printed out for me showed that the front bumper and 2 wheels had been replaced.

Their 150 whatever checklist they tout is largely dependent on the dealership you buy the car from. The second dealership noted above found a plug in one of the tires very near the outside sidewall which is a safety hazard. Toyota replaced the tire under warranty.

After purchasing the car there was a persistent rattle coming from the inside of the roof. I have a factory sunroof. Toyota's policy says that the warranty does not cover sheet metal which was the cause. Turns out that Toyota has a service bulletin on repairing this. After raising hell I got it repaired as a one-time-good-faith gesture. Right.

And the 12 month bumper to bumper warranty doesn't cover everything unless you pay more. Ask the dealer for the booklet that outlines what is covered and what is not. Generally if its a safety issue its covered but otherwise you can forget about it.

All is good now and the car runs great but I can't say I'd ever buy a Certified Pre-owned car of any make again. Where do all the lemons go? Where did all the Katrina cars go? Think about the risks before you buy. Used car dealerships will do anything to move product including welding 2 half cars together.

I agree with your statements on CPO cars and carfax. My carfax report was clean aside from the hail damage that i knew about but after about a day or two i realized the front bumper had paint work done. It was probably done at a private shop so it wouldnt of been reported. My battery died soI thought bumper to bumper meant just that but they told me it does not cover battery, brakes, tires, and wipers. This will also be my last time buying a CPO because I thought I did my research and avoided the rape but I didn't. It's okay though because I only bought the car to build credit and after 2 years I'm going Infinity or back to Honda.
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Old 10-01-2011, 01:43 PM   #12 (permalink)
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First of all, regular 'ol used car dealerships can't sell Certified cars. It has to be a dealership that sells new cars of the same make as the certified car. Secondly, I'm not sure about other manufacturers but Toyota has rules about what can be certified and what can't.

Obviously, it has to be within a certain age and mileage. Besides that, it can only have a few minor paint blemishes or the dealership will have to pay to fix the paint (they won't usually do that) or it can't be certified. Cars that have been split apart and welded together are NEVER, EVER going to make it as a certified car. You will hardly see even a used car lot touch that-only body shop "dealers" will sell something like that. My husband used to work at one years ago. They come with 2 keys. The list goes on...you get my point.

Another point-even with a new car, Bumper to Bumper DOES NOT mean it will cover normal wear items such as oil, brakes, tires, and wipers. Batteries are covered through Toyota on a pro-rated basis, but if it's a different manufacturer they are covered through that manufacturer. That's not just Toyota's policy, that's the policy with the majority of companies.

My biggest advice to you is to do your research and NEVER ASSUME ANYTHING, it will get you into trouble. Remember you're the one that signs on the dotted line, saying you read and understood everything. If that wasn't the case, then it's on you.
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Old 10-01-2011, 04:43 PM   #13 (permalink)
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to my knowledge, a CPO vehicle from Toyota (could be different for other companies) is that a vehicle cannot be certified from Toyota if the car has been in ANY accidents. Most of the dealers here in California have this handheld machine that measures the thickness of the paint of the car on all body parts to see if the car has been repainted.

secondly, as arabianobsession mentioned, CPO vehicles does not cover normal wear and tear items...and definitely not oil, brakes, wipers, etc.

I've had my car for 2 months now and i love it. no issues at all. When i bought my car, i actually called each dealership that the car has been in service for and asked what was done to it. no accidents of any kind...only oil and brake pads changed.

Definitely stick to a reputable toyota dealership when buying and not some independent ones that isn't backed by a big corporation.
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Old 10-01-2011, 10:34 PM   #14 (permalink)
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CPO All the way bro. I got mine CPO 07 SE V6 with 72k miles on it and I havent had a problem yet. Its incredible the condition I got this car in given how old it is.
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Old 10-03-2011, 09:21 AM   #15 (permalink)
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^I agree. I've had a number of CPO vehicles and they've all been great to me.
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