Originally Posted by
echappist
Just put down a deposit for a CPO Volvo V60 CC wagon. I have yet to see it with my own eyes, but I hope the vehicle is in generally good condition. Years ago, when I helped a family friend buy a CPO Lexus (a purchase I insisted the family friend to walk away from), that Lexus came with all sorts of minor dings and dents that weren't obvious in a somewhat dark showroom but became visible under sunlight. I'm really hoping that this V60 CC doesn't fall into this category (though it won't surprise me).
Even factoring in the inflated pricing I get from selling my current 12-yr old vehicle (~$3.5k more than what it's worth in normal times), the CPO V60 is about $3k-4k more than what it should have cost during normal times. OTOH, for $7k more, we could have gotten a new V60 CC (at ~5% below MSRP). While the latter is a "better deal", it just didn't seem worth it, when that $7k could be used elsewhere. We reasoned whereas the "better deal" part is illusory, the $7k difference is actually tangible.
All in all, not very amused by any of this. I just hope I can drive this one for a good ten years without too much issue... After all, I had intended to keep my current car, a Camry V6, for a good long time, but a persisting issue that has cost $1k so far and is still yet to be fixed put me "over the edge".
Pictures to come when I take delivery.