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Introduction/CPO question

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Old Dec 29, 2013 | 12:14 AM
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Introduction/CPO question

Howdie everyone!

Been looking into what 4 wheel toy to get as my first manual transmission (many years street and track experience on 2 wheels, and some seat time in friend's 6sp-man cars) ride. I have only ever owned a 2004 Volvo S60, and have been itching to not only try out a manual car, but also something with RWD... and a good deal sportier.

I am a believer of the mantra, "it's more fun to ride a slow bike fast than a fast bike slow"... having said that, power is still fun, if it is still manageable. For now a Turbo is pushing that limit (as well as the wallet) but I am still going back and forth on whether to nab the S or not (def want a 997). Might just come down to what I can find that fits the bill (CPO, low/medium miles, cab, plus my aesthetic desires).

Onto my quick question...

Are the only vehicles possible to purchase CPO those that are listed as such on the main Porsche website? I saw an article the other day which had wording that made me think it could be possible to get CPO status for a car that doesn't currently have it...

Anybody know for sure? While I will shop the private/dealer market for a great deal, I want to be covered, and the CPO not only takes care of that for a few years without aftermarket coverage, but it also means the car was thoroughly looked at and refreshed, something I'd like in a used car.

Anyways... hopefully soon I will be posting a new (to me) 997 thread!

Until then... these forums help to keep me interested learning as much as I can about these amazing cars without sitting in one!
 
Old Dec 29, 2013 | 12:33 AM
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There are 3 ways to get a CPO Porsche

1.) Buy one off a Porsche dealers lot that has already gone through the CPO inspection

2.) Find a car on a Porsche dealers lot that is not CPO, but can be and negotiate a deal with them to CPO it...some cars are not eligible for CPO status though. Not sure what all the qualifications are.

3.) Buy a used Porsche from a private party or a used car lot that has been CPO'ed, the warranty is transferable

Good luck!

Steve
 
Old Dec 29, 2013 | 12:35 AM
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Originally Posted by socalsteve
There are 3 ways to get a CPO Porsche

1.) Buy one off a Porsche dealers lot that has already gone through the CPO inspection

2.) Find a car on a Porsche dealers lot that is not CPO, but can be and negotiate a deal with them to CPO it...some cars are not eligible for CPO status though. Not sure what all the qualifications are.

3.) Buy a used Porsche from a private party or a used car lot that has been CPO'ed, the warranty is transferable

Good luck!

Steve
Thanks! #2 is what I was wondering about... I have seen a good deal of good condition cars with mileage comparable to some CPO cars at Porsche dealers, but non-CPO. Glad to hear there is a chance I could negotiate that in!
 
Old Dec 29, 2013 | 12:40 AM
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Originally Posted by MotoTrojan911
Thanks! #2 is what I was wondering about... I have seen a good deal of good condition cars with mileage comparable to some CPO cars at Porsche dealers, but non-CPO. Glad to hear there is a chance I could negotiate that in!
Just remember that there may be reasons why they may not qualify. Was looking at a 991 a bit back and was told it was non CPO- able cuz they put a paint meter on it and a couple of panels had been repainted...

Guess they are very picky about which cars they CPO.
 
Old Dec 29, 2013 | 12:41 AM
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Originally Posted by socalsteve
Just remember that there may be reasons why they may not qualify. Was looking at a 991 a bit back and was told it was non CPO- able cuz they put a paint meter on it and a couple of panels had been repainted...

Guess they are very picky about which cars they CPO.
At least that is evidence that the cars that are CPO'd really are looked at thoroughly... although that is more of a bonus. The real reason I want a CPO is the warranty, and I suppose I can always get an aftermarket one.
 
Old Dec 29, 2013 | 08:18 AM
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I just purchased a CPO. In my search I learned that car would not qualify for a CPO if the the in service date was over 6 years ago. So I was able to find many 07 and up CPO. When they CPO a car there is a checklist they provide you with and details all points they score. I will try to find and post. I found most dealers don't CPO until you ask. It raises the price point about $2500 average. This way they can advertise the car for less. I was originally looking for a car with less than 10k miles in the 60k price range. I found this 12 CPO black cab PDK with 2000 miles I could not walk away. Although I did pay a bit more than the 60.
 
Old Dec 29, 2013 | 09:53 AM
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Originally Posted by MotoTrojan911
Thanks! #2 is what I was wondering about... I have seen a good deal of good condition cars with mileage comparable to some CPO cars at Porsche dealers, but non-CPO. Glad to hear there is a chance I could negotiate that in!
Just an FYI for the OP, my dealer who I trust completely said that PCNA instructs the dealers that CPO eligible pre owned cars that they trade, acquire at auction, etc., must be declared CPO candidates within 24 hours of them booking the car into their inventory. This is to prevent both parties from negotiating/diminishing the value of the CPO brand during the sales process. In this scenario a dealer would be in violation of these rules if they offered a car for sale and then opted after the fact to CPO it to accommodate the sale.

I know of one case with them where they purchased a car from a private party with the intent to CPO it. Upon review the day after the acquisition, they discovered that it would not be CPO capable (respray issues). The next day it was on its way to the wholesaler because this dealer only offers CPO Porsches at retail.

You may want to double check this with your dealer and get their version of the CPO process. As the saying goes: Caveat Emptor.
 
Old Dec 29, 2013 | 01:04 PM
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What brother Steve said...believe me, I know from personal experience !
 
Old Dec 29, 2013 | 01:34 PM
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Attached Porsche CPO program brochure. It should give you a pretty good idea on what it's all about.

I myself would not buy a non CPO car. Learned my lesion the hard way!!!
 

Last edited by Romysc4s; Jul 6, 2014 at 03:37 PM.
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