Is it possible to CPO a car purchased from a private seller?
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to get it CPO it has to be sold to a Porsche dealer and dealer sells it to you as a CPO.
If car was sold as CPO to you you can sell it privately to another person (but not to a dealer) and it will remain CPO.
It is not possible. The car has to be run through the dealer's books. Retail cost to the buyer for a dealer to CPO a car is about $2k, not $3k. Anything additional is what the dealer is charging to run the car through their books. Aftermarket warranties don't hold a candle to CPO cars.
There have been a couple of posts from other members about spending ~$3k to CPO a car from a private party so it is indeed possible.
I am yet to see such a trick in reality. From what I heard dealers can offer to buy CPO status for non-CPO cars dealer sells. Not like anyone can wonder into the dealership and re-sell car through them with CPO status.
But who knows, may be even that is possible. I was told by a dealer that they are very selective on cars that do get CPOd - like it has to be practically like new, single owner, under 10K miles, etc. Who knows what of that is true and what is boloney.
An 06 with the warranty expired: it must have been on one of the first boats coming over in July 05. Anyway, a lot of threads 5-10 months ago on getting a dealer to do a CPO. With a little work you will find that Easycare will be cheaper and cover the same stuff, and it's sold by some of the Porsche stealers. Remember that THE PRICE IS NEGOTIABLE - 10, 20, even 30% off the price in the book they will show you.
I am yet to see such a trick in reality. From what I heard dealers can offer to buy CPO status for non-CPO cars dealer sells. Not like anyone can wonder into the dealership and re-sell car through them with CPO status.
But who knows, may be even that is possible. I was told by a dealer that they are very selective on cars that do get CPOd - like it has to be practically like new, single owner, under 10K miles, etc. Who knows what of that is true and what is boloney.
No more than one maybe two (can't remember) panels could have been repainted. The inspection is very, very thorough. I don't know about the one owner thing though.
I am yet to see such a trick in reality. From what I heard dealers can offer to buy CPO status for non-CPO cars dealer sells. Not like anyone can wonder into the dealership and re-sell car through them with CPO status.
But who knows, may be even that is possible. I was told by a dealer that they are very selective on cars that do get CPOd - like it has to be practically like new, single owner, under 10K miles, etc. Who knows what of that is true and what is boloney.
Here is one example that came to mind. Of course a pre-existing relationship w/ a dealership will help as they report up to big brother about the car.
I explained this over on Rennlist and copied this answer from a post over there but this is how it worked.
Yes I took the car and the Buyer to the dealer. The dealer is acting more as an escrow / middleman. Some dealers will do this type of service for $1000 fee. The CPO was $2000 and I believe there was tax on the CPO plus smog etc.
The Buyer and I went to the dealer at the same time and all paperwork is handled simultaneously. No way a dealer would buy the car from me for $60000 to make $1000 that is for sure.
The buyer did a PPI at the dealer last Friday. The PPI was done on a 37 page CPO inspection form. The car did not need anything to pass CPO.
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-Alan
2005 C2S Launch Edition
2005 BMW 330i ZHP
PAST: 1998 BMW M3, 1997 Mitsubishi Eclipse GSX
Last edited by motosport3; 10-02-2009 at 04:40 PM.
An 06 with the warranty expired: it must have been on one of the first boats coming over in July 05. Anyway, a lot of threads 5-10 months ago on getting a dealer to do a CPO. With a little work you will find that Easycare will be cheaper and cover the same stuff, and it's sold by some of the Porsche stealers. Remember that THE PRICE IS NEGOTIABLE - 10, 20, even 30% off the price in the book they will show you.
Before I purchased my 05 997 C2S a few weeks ago, I did extensive research and had everything set-up to run the purchase via a local Porsche dealer in order to obtain CPO warranty. One of the dealers even has a term for this type of transactions- "marketing deals." Only some dealers are willing to do this. The way to find out is to call and ask to speak to the sales manager.
I ended up not going through with it because CPO would cost about $35K (including PPI and dealer's profits) to cover 2 years, whereas EasyCare coverage for 6y/75k miles costs me only $2850.
CPO is the way to go, dont go any other way, you will be sorry......
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I CPO'd my 05 C2s PP sale but they only agreed to it because he was buying a GT3 RS through them and they used the money towards his purchase. I think it's more f an exception.
If the OEM warranty has expired, you can't get CPO no matter what. If it hasn't expired, then you can get it by running it through a dealer, preferrably through the one the car originally came from because there's probably a relationship there between the owner and the dealer. I've done this a couple of times and it's $2k, not $3k. The dealer in each case simply charged me the actual price they pay Porsche for the extension of warranty and the paperwork charge (ie: Conveyance of $299). In each case there was a little bit of non-warranty work that needed to be done to get the car to pass the CPO process, simple things like an oil change, brake fluid flush, etc. - just a couple hundred. So, for about $2500 out the door I got the cars not only extended for 2/50k but also fully serviced and ready to go.
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