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re: Dealer buy back vehicles

Posted on 3/14/24 at 12:41 pm to
Posted by doomsday
Member since Dec 2009
14 posts
Posted on 3/14/24 at 12:41 pm to
Lots of 2022 and 2023 Tundras having their short blocks replaced due to engine failure. 2024's are fine.
Posted by CBDTiger
NOLA
Member since Mar 2004
1247 posts
Posted on 3/14/24 at 1:12 pm to
Depends on the situation. I bought a lemon law Acura in MN 12 years ago and it's still a daily driver.

There's a very customer-friendly buyback law there - something like dealer gets 3 chances to fix an issue or has to buy it back. Apparently the "issue" was rattles in the dash.

It does have a title notation so I saved a bunch - I plan to keep it till the wheels fall off and didn't care about resale value. And for peace of mind there was over a year left on the mfr warranty (only warranty item I brought it in for was a squeaky clutch pedal).

The only things that have broken recently are things I don't need and certainly don't want pay to fix, like navigation and the hard disk drive for stored music (loaded with free music from public library CD's, in pre-spotify days).

YMMV.
Posted by partsman103
Member since Sep 2008
8111 posts
Posted on 3/14/24 at 1:46 pm to
quote:

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.


Some truth to this and I will add that a vehicle can be "bought back" due to lack of Parts Availability. We had a 2023 Terrain that needed a fuse block. Ordered early August and by November the buy back process began and finalized early December by the Manufacturer. The fuse block finally arrived mid January 2024 and vehicle was repaired. After repairs GM sent for the vehicle and was told GM will not allow it to be resold so they will crush the car.
Posted by calcotron
Member since Nov 2007
8313 posts
Posted on 3/14/24 at 2:21 pm to
I got one from there, they had the Carfax and buy back docs from the manufacturer from the start. There are lots of ratings on that place to look at, vast majority good. They are very transparent about how all they do are buy backs.

The real risk is the vehicle you pick and whether the issues it had were actually fixed or mattered in the first place. Some people try to use lemon laws to change their mind and will take advantage of any small thing that might take a dealership too long to look at. The specific issues noted in the buy back are under warranty for a certain time or miles with Toyota.
Posted by CU_Tigers4life
Georgia
Member since Aug 2013
7526 posts
Posted on 3/14/24 at 2:55 pm to
quote:

The real risk is the vehicle you pick and whether the issues it had were actually fixed or mattered in the first place. Some people try to use lemon laws to change their mind and will take advantage of any small thing that might take a dealership too long to look at. The specific issues noted in the buy back are under warranty for a certain time or miles with Toyota.


This is such a big point. Sometimes people fail to realize those high car payments are EVERY month and realize they bit off more than they can chew.
Posted by Robertson coach
pville
Member since May 2019
314 posts
Posted on 3/14/24 at 3:23 pm to
I worked at Toyota dealer for many years, very common to buy from the rental fleet (they have to stay in fleet for 5-9 months, some exceptions). But if this is the case (with certified warranty), then its best way to buy a ‘new’ toyota in my opinion, saves money with little use & extended factory warranty really
Posted by weadjust
Member since Aug 2012
15155 posts
Posted on 3/14/24 at 3:52 pm to
quote:

Toyota Tundra


If you have the VIN #. Go to Toyota Owners Website and create an account. You should be able to see the vehicle history and what work has been under the warranty.

https://www.toyota.com/owners/
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9948 posts
Posted on 3/14/24 at 3:57 pm to
quote:

From what the dealer is telling me

would YOU return a new vehicle back to the dealer IF they fixed the problem?
I'd run from buying someone else's problem.
Posted by BigAppleTiger
New York City
Member since Dec 2008
10390 posts
Posted on 3/14/24 at 4:03 pm to
There are not only mechanical reasons. I got my mother a great deal on a Lincoln Towncar with 2000 miles on it once because an old man bought it and his children made him return it. They said the dealer took advantage of him and they bought the car back. Got it for over 15,000 dollars off the sticker price back in the 90's, because it was actually a used car now. Loaded with options and ran great for well over 12 years.
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