Hi everyone–
I have been doing quite a bit of extra research this week which is why I haven’t commented. I did go to both Hertz and Enterprise (car sales). I learned from Enterprise that they keep to sell the top 3% of their fleet, the rest is auctioned off. Hertz keeps vehicles that they have spent less than 2,000 on anything over that goes to auction. Hertz will not transfer vehicles to a local area, but Enterprise will. It was good to get some clarification on all of that. Enterprise said the warranty transfers to the buyer as they will be the first true owner of the vehicle. Hertz said I would get some of the warranty, but he didn’t have what I was looking for so he didn’t go into it beyond that.
I have also been combing the carfax reports and looking at some other sites besides dealer ones. Not sure I can mention them or not, but one one you put the vin # in gives a good breakdown. It tells you what should be on the car, approximate values after 3 years, a price comparison to comparable vehicles, what others in your area are selling for (or sold for), etc. In other words lots of good info and best of all it is free! I was surprised using this site that some of the CPO’s I was looking at weren’t as good as I thought–value retention wise. Two were local owns/leases and two were auction cars from other states and their faired better. All vehicles were same make, model, year, and comparable miles and equipment. All I can think of is our area is severe for driving conditions so maybe that is it.
The good news is I have found a car! It is a local car. More outskirts of the metro area than in the metro area which means more highway than bumper to bumper driving and that is good. It does have some miles on it and is 3 years old. I have a warranty with it and the dealership I purchased it at (today) I have learned has one of the best reputations around. Much better than I thought. I went to tell an acquaintance about the car and she stopped me and said that that dealership group is the only one she will buy from and why. While that was going on some others also came up and basically said the same thing. I wasnt anywhere near the dealership when this occurred. I had already felt secure and fine about buying the vehicle and that just reinforced it all.
I will say that this vehicle is in GOOD shape physically, via carrfax, and according to info gathered on the two other sites! This week alone every other vehicle I looked at was really beaten up and/or had chunks of seat cushions missing, cracked windows (Enterprise), glove compartments that fell off, and seats that malfunctioned (heat was on, I turned it off, and it decided work anyway). None of those vehicles were over 3 years old, some were rental’s that had gone to auctions, and one or two others were local cars, and most didn’t even have 40,000 miles on them.
Right now I am just very thankful I found something that I feel confident and good about after having done all the research and asking as many questions as I did. I do thank you all for the responses, encouragement, suggestions, and questions!