996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

Last min. jitters before purchase - DD CPO 996TT

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Old Sep 28, 2009 | 01:34 AM
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Last min. jitters before purchase - DD CPO 996TT

Okay - ready to wire the payment out for the 997 TT at Inskip Porsche. They didn't get me the bank info in time on friday. I have a $1000. deposit on the car and they want to close the sale by the end of the month. Shipper is almost lined up and I'm getting nervous - I can't see the car or get out there, just not possible.

It occurs to me that the car was a daily driver. I checked over the Repair reports and the car has averaged 12K miles per year for the past two years in the New England (RI) area.

http://tinyurl.com/ybz233q

Is this something to be concerned about? I guess I've been in CA too long (grew up in PA) and I forgot about snow, salt, and winter wear on cars in all the excitement of finding a White 996TT with and X50 package.

The car is CPO'd but I remember the sales person telling me that the owner was a regular (multiple Porsches) and it was kept in the garage ... Hmm, at that miles I don't know how that was possible.

The Car has a long history at this dealer - they sold it new and again as a CPO in 2007 with 24K miles. Everything looks great in the service history over the years, tires, align, detailing, etc. With the current 48K miles should I be concerned about anything if it was indeed a DD - heck that might be a good thing??

Thanks everyone... I dreamed about this day and am already envisioning it when it comes off the truck.
 
Old Sep 28, 2009 | 01:58 AM
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Did you get an independent inspection??? (Same question, different thread...) I just never trust the dealer to inspect their own goods. Salt and snow would concern me, any rust spot- even if they pass the "checklist" would be a non-starter for me.

Are they cutting their price dramatically for you to get this closed by the end of the month? As I recall pricing was on the retail side... as such they should meet YOUR schedule. Redeye from SFO, RI by 10AM, make the 5PM flight back to SFO.

Oh, is there an extended warranty with this CPO? Other than the warranty, a CPO is worthless.

GL

A
 
Old Sep 28, 2009 | 02:10 AM
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Originally Posted by ard
Did you get an independent inspection??? (Same question, different thread...) I just never trust the dealer to inspect their own goods. Salt and snow would concern me, any rust spot- even if they pass the "checklist" would be a non-starter for me.

Are they cutting their price dramatically for you to get this closed by the end of the month? As I recall pricing was on the retail side... as such they should meet YOUR schedule. Redeye from SFO, RI by 10AM, make the 5PM flight back to SFO.

Oh, is there an extended warranty with this CPO? Other than the warranty, a CPO is worthless.

GL

A
No independent inspection.

They would not cut the price at all - paying what they are asking, attempted numerous times but always got the response 'There are a lot of local people asking about it - the car just got out of the shop on Friday and hasn't even been able to show yet'

Not sure re: 'extended warranty- CPO is worthless'. Isn't the CPO the complete warranty if anything goes wrong in the next two years? I have the CPO report - they spent $3K to get it to CPO level and will sell it to me without the CPO for $2K cheaper if I want.

TIA
 
Old Sep 28, 2009 | 02:25 AM
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Originally Posted by 997xpress
No independent inspection.

They would not cut the price at all - paying what they are asking, attempted numerous times but always got the response 'There are a lot of local people asking about it - the car just got out of the shop on Friday and hasn't even been able to show yet'

Not sure re: 'extended warranty- CPO is worthless'. Isn't the CPO the complete warranty if anything goes wrong in the next two years? I have the CPO report - they spent $3K to get it to CPO level and will sell it to me without the CPO for $2K cheaper if I want.

TIA
My point on price was that they are giving you the bum rush on doing the deal by the end of the month, but on their terms. I would not feel inclined to help them out... Do you really think they are getting alot of local interest if it hasn't been on the floor yet?

Do you KNOW that the CPO is a 2 year extension from NOW??? Last time I checked it is an extension of the 4 year warranty to 6 years or 100k miles- but I have not looked at those in a long time. It may well be another two years- but verify that IN WRITING. The term "complete" is not "complete".. prior damage, anything they claim is abuse, maintenance, any worn suspension parts, rubber, hoses, airleak, rattles, noises... all not covered. Indeed, I will bet the dealer did not look at the over-rev data in the DME (it is not required for CPO) and yet, if there is a catastrophic failure, PCNA (Porsche, not the dealer) will look at this data to see if there is any indication that ANY prior owner abiused the car. If so, it will not be covered, even if you drove it 1 mile.

Do not over-estimate the thoroughness, integrity and coverage that the "PORSCHE DEALER" brings to the deal.... stories abound of people saying "well. I just assumed it was from a dealer and they'd never...."

I know I'm not helping my friend... take a breath, gut check, maybe get other eyes (as I see youve asked)

Good luck

A
 
Old Sep 28, 2009 | 05:45 AM
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check yourself for 2nd gear pop out, that one caught me as I bought remotely with PPI etc.
 
Old Sep 28, 2009 | 06:03 AM
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Do the PPI, look over the car yourself, and I wouldn't worry about rust. These cars are galvanized since 1976 I think so I don't think rust is a huge issue...

Go with your gut and due diligence with these cars. Emotion will get you into trouble!
 
Old Sep 28, 2009 | 06:49 AM
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CPO is not worthless, but do verify that it's a 2 year extension..

here's the 2 types of warranty.. i'm sure yours is number 2 , but make sure

The Porsche Approved Certified Preowned Program comprises two distinct limited warranty coverages.
1) The limited warranty covers up to 6 years or a cumulative 100,000 miles/160,000 kilometers, whichever comes first if the vehicle is still under the new car limited warranty.
2) The limited warranty covers 2 years from the date of sale, up to a cumulative 100,000 miles/ 160,000 kilometers from the current mileage on the odometer at the time of purchase.

here's the link
http://www.porsche.com/usa/pre-owned-vehicles/approved/


anyway congrats..
 
Old Sep 28, 2009 | 07:16 AM
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The 2 year CPO warranty is well worth the extra $2K you are paying. Like what has been mentioned, make sure it is a new CPO warranty and has not already been activated. Make sure you get the full 2 years out of it. I bought a CPO Sept 08 and have had plenty of work done under warranty. Starting in Aug 08 the CPO warranty changed into a bumper to bumper warranty instead of covering certain parts. They did it to stimulate the the used market, and that it did. Most of the CPO cars I was looking at were gone in mid Sept when I bought mine.
 
Old Sep 28, 2009 | 07:45 AM
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long post...but worth it...

I was kind of in the same situation almost exactly a year ago. If you have time, here's my experience. I'm m32 and trader220 is the guy at the dealership

*******************

Originally Posted by Trader220
Its at our dealership Donrosenimports.com. It wont be on the website, its a lease return with 14k miles we could buy from Porsche Financial Services.
Just from experience, I'd highly recommend any one interested in their cars to go visit the cars personally. I had signed all the papers on a turbo but decided to fly out at the last minute to check it out and close the deal in person and the car was not as described. Not sure if they "missed" the body work done or the cracked tailight but it's by far from "near-perfect" condition.

Edwin

********His response**********

That turbo cab you came in and passed on was a stunning car at a cheap price and the car was described just as it was. On the other hand it was a "pre owned" can and not new so yes it had the expected tiny flaws. It took you over an hour of looking at the car to find a tiny imperfection. There are two sides to every story and its nasty to take blind shots.

*******My response*******

Blind shots? Over an hour? Can you post your name here?

First of all, I wasn't taking a blind shot. I posted my PERSONAL and VERY EXPENSIVE experience and all I said was to any prospective buyer here to take a look at the car in person rather than taking the word of others.

Second of all, it didn't take me an "hour" to see the flaws. Did I deal with you directly or are you hearing stories from your dealership? The moment I came up to the car, I saw the glaringly obvious and it was the cracked tailight. When I asked via emails (which I still have) from Keith, he said that the car is near perfect and only have the usual rock chips and no paint/body work. When I asked the salesperson (whom I'll leave nameless for now) about the cracked light, his response was "yeah, but it'll still pass inspection." Why would I pay $70k for a car and care about whether the cracked taillight will pass inspection or not? I wanted your dealership to fix it.

Third, the car was outfitted with aftermarket wheels which I Was told only one had a curb rash. I don't know why it'd be described like that when all four wheels had rashes.

Fourth, (which is what killed the deal) was the body work done on the rear right quarter panel. When I saw this and brought it up, the GM was so adamant about it not having any body work and explicitly said "I looked over the car personally" and when I pointed it out to him and asked him what he was going to do about it, his response was "I'm not going to do anything about it. I don't care if you don't want the car or not... the price is low enough already and I'm not moving."

Fifth, when I was contemplating whether or not I wanted to buy the car after all of this... the salesman said to me, "ok, we cant' sit here forever... I'm going to get a drink and I need your answer when I get back." That was very unprofessional in my opinion espeically after I flew four hours from houston to close the deal on the car ... if that was an attempt at a strong-arm sales tactic, it didn't work obviously.

Funny thing was... if the GM was honest with me from the get-go about the issues, I might have still bought the car. Instead... I was out a plane ticket, rental car, cancellation fee for the auto transport, and had to sleep in the airport for 5 hours... but this was the best money spent or else I would've been stuck with that car.

So do me a favor and don't accuse me of throwing blind shots... if you guys were honest about the car, none of this would've happened. I'm posting my experience to help others here. Please tell me your side of the story and where my faults are... I'm happy to discuss.

One last thing... when the salesman was walking me out after I declined the car, his said to me, "so I guess you learned a valuable lesson, huh?"... I'll leave it to the public to what he meant by that.

And just for the record... it did take me over an "hour" to make the decision to pass on the car... but some of that time spent was with the salesman trying to convince me that the body work on the rear quarter panel was just a "bad paintless dent removal job". He explicitly guaranteed me that the rear was not repainted and he would prove it to me with a paint meter... I said "sure... let's measure the paint". I waited five minutes of which when he came back, he said the he couldn't find a paint meter at the porsche dealership... but he told me to hold on and he can go to the adjacent Audi dealership and get theirs... I agreed...fine...no problem... five minutes later, he returns with the same explanation... can't find it.... then he says he'll go to one more dealership (I think this was Chevy... quite frankly at this point, I had my doubts and don't even remember anymore) and he still couldn't find it.

Trader220, did you see all the issues I pointed out on the car (cracked tailight, dimples in the rear fender from the "paintless dent removal", and four rashed wheels? Do you consider these "tiny minor flaws" when to make it right, I'd have to fix all four wheels, spend another $400 finding a rear tailight (but hey, no rush in that b/c it will pass inspection) as well as try to find another competent paintless dent removal person in hopes that he/she can fix it and if not, spend more money at a body shop to get that fender fixed and resprayed, which of course you'll agree is a big deterrent to any potential future buyer.

I really like to get your thoughts on where I am at fault here or have misrepresented anything. I have been totally truthful and know exactly how it went down b/c I was there. Were you there when I was present on September 19th when I looked at the car? If not, how do YOU know the "two sides" of the story?

*****his response*****

M32

I reread your comments and gave this a little more thought from your perspective and I have come to the conclusion that I do indeed owe you an apology. The remark I made about blind shots may have been out of line.

There are still two sides to all stories and I will say the following. No I was not involved with the deal but I was in the showroom and out on the lot when you were there and when you and management looked over the car. Yes there was a tiny dimple and I would say that perhaps it was shoddy paintless dent removal work. I would not say there were dimples all over that fender nor was it painted. I am sure you were aware that there was a nice set of aftermarket wheels on the car. I believe they were a nice set of HRE wheels, and no, all 4 were not scratched. Should you have been told there was some rash on one? Absolutely, I would have been pissed if I traveled to see a car and was not told that. As far as the cracked tail light goes, I can’t believe they would not replace a 400 dollar part on a 67 thousand dollar car before selling it. It may very well have been cracked but its not going to be a deal breaker to replace that part. As far as the sales person goes I was not at the table with you and I didn’t hear his exact wording on asking you if you’re were taking the car nor did I hear his tone of voice, It’s a moot point anyway. For good reason you were disappointed in the time and expense you had invested and no matter what he said short of knocking a big slice of dollars off the car was going to get you to buy it.

As I said, after looking at the situation from your side I do owe you an apology and I can imagine that it’s disappointing and frustrating to invest time and money and not get exactly what you want. I personally have bought several cars site unseen relying on others for their feedback on the car before buying.

Hope there is no hard feeling between you and I.

Long story short... I would never buy another car unseen. Maybe have a fellow 6speeder go and check it out for you? Since the dealership isn't giving you any special discount, I would wait until you had time to fly up there and check it out yourself.


Edwin
 

Last edited by PrecisionPorsch; Sep 28, 2009 at 10:16 AM.
Old Sep 28, 2009 | 08:14 AM
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Have them send you a close up pic of the intercoolers or the sticker on the trunk lid. I don't see anything on the car that would support the X50 claim. Standard HP is listed instead of the X50 increase also.
I've looked at a bunch of "X50's" that weren't.

Steve
 
Old Sep 28, 2009 | 09:02 AM
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Don't let this dealer push you into buying before the months end. Get it checked out independently and have someone without an agenda look at the car. The winter is coming and at the asking price I would be skeptical there are too many takers. Take your time, as there are many good cars out there.
 
Old Sep 28, 2009 | 10:05 AM
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Thanks everyone.

I found an independent shop (used car dealer but better than nothing) just down the street from the dealer and they will do PPI for me today. I left a message with the dealer to call me back so we can set that up.

I do have the original order sheet of the car and it is indeed an X50 - it's also shown on the PUSA website as such.

I will double confirm the 2-year CPO starts with my purchase. Since it's a 2002 there isn't any remaining warranty and theCPO should restart/renew with this purchase. They know the history of the car so I assume that's how they are able to offer it again.

In a perfect world I'd fly out and look at it but the deposit can only hold it for so long and my personal situation prevents me from being away for that length of time.

Still looking for someone local to put an eye on it but Warwick RI is not too popular is seems.

Will keep you posted - thanks again.
 
Old Sep 28, 2009 | 10:07 AM
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LOOK AT THE CAR IN PERSON! There are very few white X50's out there :-)
 
Old Sep 28, 2009 | 10:09 AM
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Get a PPI from a Porsche mechanic not any mechanic. These cars have their own unique issues and features!
 
Old Sep 28, 2009 | 10:12 AM
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Originally Posted by paneraiwatches
LOOK AT THE CAR IN PERSON! There are very few white X50's out there :-)
I'm sure that's why they are pushing me - they know that.

I just can't get back there (Full-time dad with 9 year old - 3000 miles away)
 


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