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Interesting Price on loaded 997.2

Old Mar 29, 2012 | 09:39 AM
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Interesting Price on loaded 997.2

I posted this over at Rennlist, but the price on this fully loaded (PDK, Nav, Sport Plus, Sport Seats) 997.2 at Carmax caught my eye. $56K for a car in that condition, under warranty, at that mileage seems ... lower than what I've been seeing.

http://www.carmax.com/enus/view-car/...636c6151f#tab9

I'm not in the market and won't be anytime soon (knock on wood...), but if you are, I'm guessing this portends a recalibration in 997.2 prices with the 991 release. Carmax is usually a harbinger on these things.

Or maybe it's a total one-off.
 
Old Mar 29, 2012 | 09:54 AM
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Great price actually...but with CPO you figure closer to 60k so not too much less than what dealers are asking CPOd
 
Old Mar 29, 2012 | 10:01 AM
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Originally Posted by blazinginder
Great price actually...but with CPO you figure closer to 60k so not too much less than what dealers are asking CPOd
I believe it is already CPO'ed, so you get the original warranty plus the CPO extension on this one.

When I've looked, and I'm not in the market so I'm just browsing because I like looking at Porsches , I haven't seen one optioned like this under $70, let alone $60.
 
Old Mar 29, 2012 | 10:50 AM
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Looks like a great deal for someone.
 
Old Mar 29, 2012 | 11:02 AM
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sure it has PDK and Sport Chrono, but i don't see anything too outstanding here. no full leather, no power seats, non-S. admittedly, i haven't followed the market too closely since i picked up my car last year, but this one just doesn't do it for me.
 
Old Mar 29, 2012 | 12:01 PM
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I know a guy that got a killer deal from Carmax. I think it was an 08, and I heard about it last summer. Just saying that there are deals out there...
 
Old Mar 29, 2012 | 12:38 PM
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Originally Posted by NY_Outlaw
sure it has PDK and Sport Chrono, but i don't see anything too outstanding here. no full leather, no power seats, non-S. admittedly, i haven't followed the market too closely since i picked up my car last year, but this one just doesn't do it for me.
ditto...
 
Old Mar 29, 2012 | 02:20 PM
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Originally Posted by neotorque
I believe it is already CPO'ed, so you get the original warranty plus the CPO extension on this one.

When I've looked, and I'm not in the market so I'm just browsing because I like looking at Porsches , I haven't seen one optioned like this under $70, let alone $60.
For $70k-75k you can can get a clean one owner CPO 09 C4S w/under 35k miles well optioned, with original MSRP in the $107-112k range

This car isn't a steal but not a bad deal either....then again different markets, different targets. So cal is generally muchhh higher priced than what I've seen in the rest of the country during my year long search
 
Old Mar 29, 2012 | 02:23 PM
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Originally Posted by neotorque
I believe it is already CPO'ed, so you get the original warranty plus the CPO extension on this one.

When I've looked, and I'm not in the market so I'm just browsing because I like looking at Porsches , I haven't seen one optioned like this under $70, let alone $60.
CPO doesn't transfer unless it's a private party sale.
 
Old Mar 29, 2012 | 02:36 PM
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38 K lease miles in 3 years ? Selling for what it's worth in my book. Dealers didn't want it or it wouldn't be at Carmax. Fire sale price is representative of high mileage ( high for a Porsche ) first model year cars.
 
Old Mar 29, 2012 | 03:01 PM
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miles

Originally Posted by Dadio
38 K lease miles in 3 years ? Selling for what it's worth in my book. Dealers didn't want it or it wouldn't be at Carmax. Fire sale price is representative of high mileage ( high for a Porsche ) first model year cars.
I agree, the mileage is what is driving down that price. I have seen 09 C2 for 62-66k at dealers with or without CPO and they are usually below 20k.
 
Old Mar 29, 2012 | 06:50 PM
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Originally Posted by saeyedoc
CPO doesn't transfer unless it's a private party sale.
Wrong. From the Porsche website:

Can I transfer the warranty?
Should you wish to sell your Porsche, you will also benefit from the Pre-owned Porsche Warranty. The remaining warranty is transferred to the new owner. And this will undoubtedly increase the value of your vehicle.

http://www.porsche.com/usa/pre-owned.../approved/faq/

Once CPO'ed the certification follows the car until it expires regardless.
 
Old Mar 30, 2012 | 01:12 PM
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Originally Posted by Mark Harris
Wrong. From the Porsche website:

Can I transfer the warranty?
Should you wish to sell your Porsche, you will also benefit from the Pre-owned Porsche Warranty. The remaining warranty is transferred to the new owner. And this will undoubtedly increase the value of your vehicle.

http://www.porsche.com/usa/pre-owned.../approved/faq/

Once CPO'ed the certification follows the car until it expires regardless.

Mark...you are right, as long as it is sold to a private person. If sold to a dealer (like carmax), I think the cpo warranty ends. I may be wrong but that seems to be what I remember. Program could have changed.
 
Old Mar 30, 2012 | 02:10 PM
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Originally Posted by mjsporsche
Mark...you are right, as long as it is sold to a private person. If sold to a dealer (like carmax), I think the cpo warranty ends. I may be wrong but that seems to be what I remember. Program could have changed.
Hmmm. Not sure how PCNA would manage that. The CPO is tied to the VIN in their data base. I have bought a 997.1 from CT and a 997.2 from NE. Bring'em home to KC and Aristocrat (local dealer) sees they are CPO'ed when they login the VIN and good to go.

With the theory of only private sale PCNA would have to do some sort of title history search to kick out CPO'ed VIN's from their system that "may" appear to have been sold via a method other than private.
 
Old Mar 30, 2012 | 02:49 PM
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Technically the CPO does not transfer when sold to a non Porsche dealer.

If and how PCNA actually keep up with it I don't know.
 

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