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Dealer buy back vehicles
Posted on 3/14/24 at 10:36 am
Posted on 3/14/24 at 10:36 am
Anyone have experience buying a dealer buy back vehicle? I’m looking at a few trucks that are dealer buy backs with low miles (~5k). They are still under the original factory warranty and why they were bought back is disclosed. Any downside to this?
14
Posted on 3/14/24 at 10:38 am to Dtiger19
quote:
why they were bought back is disclosed.
Are you sure? That would be my issue.
Posted on 3/14/24 at 10:40 am to Dtiger19
Are there lemon laws on slightly used vehicles?
Posted on 3/14/24 at 10:46 am to Dtiger19
Might be under warranty and the original owner was tired of having it in the shop all the time and gave up on it. I’d read details carefully.
Posted on 3/14/24 at 10:48 am to Dtiger19
quote:
why they were bought back is disclosed.
OK
quote:
Any downside to this?
Depends on what is disclosed.
Some of yall couldn't think your way out of a paper bag.
Posted on 3/14/24 at 10:48 am to Dtiger19
What brand of vehicle?
Posted on 3/14/24 at 10:51 am to High C
quote:
Are you sure? That would be my issue.
From what the dealer is telling me and everything I can find online its the law that they have to disclose and the dealership is also required to have to have fixed the issue.
Posted on 3/14/24 at 10:53 am to LSUDad
quote:
What brand of vehicle?
Toyota Tundra
Posted on 3/14/24 at 10:57 am to Dtiger19
quote:
From what the dealer is telling me and everything I can find online
There's an old saying...something about...if it's too good to be true...and another one...something about...buyer beware...
Posted on 3/14/24 at 11:00 am to Dtiger19
Stay away.
How many times have you brought a vehicle to a dealership and they either "can't find" the obvious issue or "fix it" and you're bringing it right back to them constantly for the same issue that was supposedly "fixed". It's happened to everyone.
You'd be insane for voluntarily joining that circus show.
How many times have you brought a vehicle to a dealership and they either "can't find" the obvious issue or "fix it" and you're bringing it right back to them constantly for the same issue that was supposedly "fixed". It's happened to everyone.
You'd be insane for voluntarily joining that circus show.
Posted on 3/14/24 at 11:10 am to Dtiger19
Its disclosed before he purchase. I recently sold a buy back truck with a new 6.2 engine. There was a specific time range where a certain robot wasnt spraying the metal shavings out and they were falling into the block. We bought it back, put a new engine in it and sold it.
Posted on 3/14/24 at 11:17 am to Dtiger19
quote:
Dealer buy back vehicles
they were bought back as lemons because law says they have to buy them back
then they sell them as used vehicles and lemon law no longer applies to them so the idiot buyers are stuck with them
the few others mixed in may be company lease vehicles, but 9 out of 10 you will have issues with any dealer buy back vehicle
Posted on 3/14/24 at 11:20 am to Dtiger19
quote:
From what the dealer is telling me and everything I can find online its the law that they have to disclose and the dealership is also required to have to have fixed the issue.
pay attention, if they fixed the issue then they would have done it under warranty and never had to buy it back. they only buy back the vehicles they cant fix and then they do what they can to mask what is wrong with it, and then sell it to the first sucker that comes along, that would be you.
i bet the guy who bought my lemon 2014 silverado i had to sue to force them to buy it back, is still trying to fix it
This post was edited on 3/14/24 at 11:22 am
Posted on 3/14/24 at 11:34 am to Dtiger19
Sometimes you can get lucky.
I bought a 2019 F150 with 7200 on it in Dec 2021. It's a 8 cylinder which Ford actually did pretty well making. I gave my friend who is a dealer in another state the VIN and not only did I probably save over 20k on it but I had a mechanic look at it and nothing was wrong.
I bought a 2019 F150 with 7200 on it in Dec 2021. It's a 8 cylinder which Ford actually did pretty well making. I gave my friend who is a dealer in another state the VIN and not only did I probably save over 20k on it but I had a mechanic look at it and nothing was wrong.
Posted on 3/14/24 at 11:36 am to Dtiger19
quote:
Toyota Tundra
Original owner probably couldn't afford the gas.
Posted on 3/14/24 at 11:39 am to Dtiger19
If the buyback is a "factory buyback" which means there was a problem under warranty and the MFR took it back, it will ,most likely have a branded title which affects the resale value and in many case a bank won't loan money on them. The problem is allegedly suppose be fixed before resale. Get a carfax or some other vehicle history report.
Sometime used car managers will buy these at auction 1000's of dollars under the value of a non-buyback and offer them to the public significantly cheaper than a similar model. It's supposed to be disclosed.
It's a crap shoot on reliability. I would stay away from them. It's not worth the risk unless you have money to take such gambles.
Sometime used car managers will buy these at auction 1000's of dollars under the value of a non-buyback and offer them to the public significantly cheaper than a similar model. It's supposed to be disclosed.
It's a crap shoot on reliability. I would stay away from them. It's not worth the risk unless you have money to take such gambles.
This post was edited on 3/14/24 at 11:42 am
Posted on 3/14/24 at 11:48 am to CU_Tigers4life
This truck is from Drive a Dream out of Georgia. I believe all they sell are buy backs.
Posted on 3/14/24 at 11:58 am to Dtiger19
I purchased a dealer buyback once. It was a 4 Runner returned because after purchase the buyers wife insisted on leather and it had a cloth interior. Apparently, the guy was a very good and consistent customer so the dealership bought the vehicle back from them and got them into one with leather. Had about 2,500 miles on it when I got it.
Outside of a very specific scenario like that, I'd be somewhat suspicious of the reasons why and look hard into the details. Also might be wise to make sure you have a solid warranty in place.
Outside of a very specific scenario like that, I'd be somewhat suspicious of the reasons why and look hard into the details. Also might be wise to make sure you have a solid warranty in place.
Posted on 3/14/24 at 12:03 pm to Dtiger19
quote:
Drive a Dream
Sounds shady. Their wet dream could be your nightmare.
Posted on 3/14/24 at 12:17 pm to Dtiger19
quote:
This truck is from Drive a Dream out of Georgia. I believe all they sell are buy backs.
I looked at the website. The first thing I noticed is they don't offer Carfax or Autocheck vehicle history reports. Not only will the report tell you if they car has a branded title (or worse a salvaged title), it will tell you if the vehicle has any history of accident and how bad. In my experience Carflax tends to be a little more thorough.
They don't just sell buybacks but here's their disclaimer Buyback Disclaimer on buy backs:
Just do you due diligence and see if this vehicle come from a good home.
This post was edited on 3/14/24 at 12:32 pm
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