A certified used camry generally costs more then a used camry that is being sold by a heimishe dealer in lakewood. The certification process adds a 100k mile powertrain warranty, and other perks, besides knowing that it is (hopefully
) in decent shape under the hood. The used cars being sold by Heimishe dealers, usually have been in accidents,( which is why many dont have the carfax) and have had significant body work. They are not necessarily bad cars, but theyre not the greatest, Hence the cheaper price. Also, Kbb cannot see your car to give you an accurate price to sell it or trade, whereas a certified used car always has to be in near perfect condition, Hence a more accurate price by KBB.
I know that no Heimishe yid pays full retail
, but for lack of a better source, and for the hamon am, I will use KBB as a point of reference.
According to KBB, a certified 09 camry SE costs $17,538.
A new 2012 Camry SE costs $23,063 on Cars direct.com. Carsdirect is usually about $500 more expensive then your typical brooklyn new car dealer, but ive found sometimes (especially on the non typical cars I.E. Subaru),that they can be cheaper.
Toyota is advertising that a 2012 Camry SE lease is now $239 a month plus $2,000 down, for a total of $10,604
$17,538 plus $10,604=$28,142. which is about 22.5% more then they would have made selling it new.
A base model Camry is cheaper to lease, and cheaper to buy used, but the % of profit remains the same.
I am fully aware that people get better deals then I have explained above,( I myself just bought a used CRV from a private person, for half of what it should have cost) but I think the majority of americans pay close to KBB and Carsdirect prices.
Just to reiterate my point, the manufacturers prefer if you to lease (or finance, but thats a different discussion)not buy straight out.
