Car purchase help

50

Asked by May 11, 2015 at 12:50 AM about the 2012 Toyota Corolla LE

Question type: General

I just saw 2012 Toyota Corolla LE at price 12,000 from Norfolk area, Mileage 43k.
Carfax says, After 36k mileage maintenance at toyota of waldorf, the car was with
Virginia Motor Vehicle Dept. Atlanta GA till 07/25/2014 and sold at auction
Pennsylvania and then Dealer offered for sale 09/17/2014.
So just want to know about the car, whether it is good with the deal. I like the car
because its 3k less price than kbb value. But I am confused little bit. I have many
questions like why is it not sold from 09/17/2014, why it went for auction?

Please suggest as soon as possible. How should I go with this deal? Thank you.

5 Answers

20

It might've been repossessed and then sold at auction but idk

2 out of 2 people think this is helpful.
50

Yes. You are right. I just got the Autocheck report. Autocheck (Score 72) have disqualified the car and found that car has some structural damage and on lease for some time. And surpisingly CARFAX haven't mentioned it.

2 out of 2 people think this is helpful.
59,015

In my opinion the car has been on the lot for sale for 8 months and not sold for a reason. Sounds like the previous owner had the maintenance done at 36,000 miles, they found something (expensive) wrong with it, so the owner continued to drive it until they could trade it in. The dealer where it was traded in shipped it to the auction because the vehicle didn't meet their used car standards. Now it's been on the lot for 8 months. Be careful! It may be priced $3000 lower because it's not selling because there's something (expensive) wrong with it. If this will be a long distance purchase or you're not too car savvy have it inspected by a professional inspection company. It costs about $150 and may save you thousands in the long run. I've used lemonsquad.com. They'll spend a few hours with the vehicle, take lots of pictures, and give you a written report of their findings. Good luck and, as I said, proceed with caution on this one. HTH. -Jim

2 out of 2 people think this is helpful.
146,325

Avoid it. period. There are plenty of 10th Generation Corollas for a decent price without all the mystery and potential problems. Structural damage = serious collision --not repaired at Dealer or reputable shop. That's why it does not show as been wrecked in CarFax

2 out of 2 people think this is helpful.
50

Thank you so much. I will search for few more option and then decide about it.

2 out of 2 people think this is helpful.

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