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Help With Purchase of 997 That is Out of Warranty

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Old Apr 25, 2008 | 12:34 PM
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Help With Purchase of 997 That is Out of Warranty

I have recently been looking at a 2005 Carrera S with the exact options and colors I have been looking for. Grey/Grey, full leather, adaptive seats, nav etc.. for 55k. But it has 54k miles which means it is out of warranty. Does anyone know a good place that will sell me a extended warranty? Someone had told me that the Porsche dealer wont do it if its already out of its factory warranty. Is this true? Thanks.
 
Old Apr 25, 2008 | 12:35 PM
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If you are buying from a dealer, they can still CPO (certified pre-owned) it even after the basic warranty expires.
 
Old Apr 25, 2008 | 12:37 PM
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Here is the scoop from Porsche USA (aka PCNA)

Porsche Approved – this grade is given to pre-owned Porsche vehicles which meet the high quality standards of the Porsche brand. This is how you can broaden your choice between a new and a pre-owned vehicle by one additional option: a Porsche Approved vehicle.
What distinguishes a Porsche Approved certified vehicle from a conventional pre-owned vehicle?
  • Porsche Approved vehicles are inspected by factory trained technicians who conduct a mechanical and cosmetic 100+ point inspection
  • Repairs are carried out in line with the strict Porsche quality criteria
  • Every Porsche Approved vehicle comes with a comprehensive Warranty
    - If sold while under the new car warranty, Coverage is up to 6 years or 100,000m/160,000km total , whichever comes first
    - If sold once the new vehicle warranty has expired, Coverage is 2 years from the date of sale or up to 100,000m/160,000km, whichever comes first
  • Porsche Roadside Assistance, the exclusive support service that offers added security
What can you expect?
Driving pleasure, quality, safety and stability of value. In short: A Porsche which really cannot be described as a pre-owned vehicle. Rather, as a thoroughbred sports car the charm of which was once tasted by another driver.
 
Old Apr 25, 2008 | 12:43 PM
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No, it is not from the dealer. Its from Gables Sport Cars in Florida. Does that information still apply if it is not from the dealer?
 
Old Apr 25, 2008 | 12:52 PM
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Call your dealer and tell them the story to see if they want to certify the car for you.
You should bring it to a P dealer to get it inspect before buying it anyway.
 
Old Apr 25, 2008 | 01:04 PM
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Chances are you cannot have it CPO'd by a Porsche dealership. Only the original purchaser of the car can have it CPO'd and since you are looking to buy the car from a used dealer than this is obviously not possible. I would recommend you have a PPI done by a Porsche dealer. If you are looking for a warranty then it would have to be after market.
 
Old Apr 25, 2008 | 01:23 PM
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Originally Posted by ///MJFDDS
Chances are you cannot have it CPO'd by a Porsche dealership. Only the original purchaser of the car can have it CPO'd and since you are looking to buy the car from a used dealer than this is obviously not possible. I would recommend you have a PPI done by a Porsche dealer. If you are looking for a warranty then it would have to be after market.
That's what I thought. I will be getting a PPI done for sure before I purchase. Does anyone know of any good warranty places? A while back I was quoted a warranty for 3,000$. Does that sound about right?
 
Old Apr 25, 2008 | 01:34 PM
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how many miles and year of that warranty?
no hurt to ask the dealer about the aftermarket / CPO warranty
 
Old Apr 25, 2008 | 01:58 PM
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Fast - I would stay away from any car with over 50K miles unless I knew the previous owner personally and how that car was driven . You go into this with just too many unknowns on an out of warranty car The risk is simply too high.
Buying a car in "as is" condition opens up the possibility of future repair costs which may exceed any discount which got you into the car . That's my advice .
 
Old Apr 25, 2008 | 03:41 PM
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Try a credit union for warranty.
 
Old Apr 25, 2008 | 03:46 PM
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Well I just spoke to the dealer who serviced the car (new country porsche) and they gave me all the service records...all 32 pages of them. The car had a new engine at 47k miles due to a service technician taking out all the coolant and forgetting to put it back in before they returned the car to the owner..resulting in engine failure. Would Porsche of put a new engine in it or a rebuilt? If new, then the engine only has 6k miles on it which is good. Thanks for all the help so far.
 
Old Apr 25, 2008 | 07:06 PM
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Originally Posted by Fast997S
Well I just spoke to the dealer who serviced the car (new country porsche) and they gave me all the service records...all 32 pages of them. The car had a new engine at 47k miles due to a service technician taking out all the coolant and forgetting to put it back in before they returned the car to the owner..resulting in engine failure. Would Porsche of put a new engine in it or a rebuilt? If new, then the engine only has 6k miles on it which is good. Thanks for all the help so far.
Maybe not so good --the 6K miles . Think about it for a moment. The owner gets a new engine after 32 pages of drama and then ditches the car ? It ends up at a used car lot in another state .

Then Fast997S sees it and its his dream machine . Too risky . I am being sincere when I tell you that I wish this car was "the one" for you .
 
Old Apr 25, 2008 | 07:23 PM
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Originally Posted by yrralis1
Maybe not so good --the 6K miles . Think about it for a moment. The owner gets a new engine after 32 pages of drama and then ditches the car ? It ends up at a used car lot in another state .

Then Fast997S sees it and its his dream machine . Too risky . I am being sincere when I tell you that I wish this car was "the one" for you .
His lease was up at 50k miles. Forgot to mention it was a lease then sold at a auction to the current owners. The records show he did everything at the dealer. Tires, radar etc.. They are trying to locate me the previous owners number so I can talk with him.
 
Old Apr 25, 2008 | 10:02 PM
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Originally Posted by Fast997S
His lease was up at 50k miles. Forgot to mention it was a lease then sold at a auction to the current owners. The records show he did everything at the dealer. Tires, radar etc.. They are trying to locate me the previous owners number so I can talk with him.
32 pages .
A new motor.
No warranty .
No ability to CPO.
Priced high enough to be within reasonable proximity of a newer car with less issues . And less miles and warranty.

I wish I could leap up and scream buy it .
I just can't.
 
Old Apr 25, 2008 | 11:37 PM
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I guess my questions are, how long do you plan to keep it and how many miles a year do you put your cars?

A car with a 2nd motor with really high miles is going to be a tough sell down the road. For an extra 10k you can probably get the same car with 5-15k miles and very few worries....and when you go to sell it you can recoup the intial extra 10k (maybe more) in cost.
 

Last edited by DCI; Apr 25, 2008 at 11:39 PM.


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