Performing CPO on a 1 yr old C2S w/ 12K Miles - Is it worth it?

larman2001 · 10-22-2009, 11:11 AM

Hi all,

I need some advice please.

I'm purchasing an 09 911 C2S w/ 12,000 miles on it. It currently has about 3 yrs left on the warranty. It's passed the dealerships PPI and they did not CPO the vehicle.

In your experiences, is it worth it to get the extra 2 years of warranty for a cost of approx $3000?

Any input is appreciated.

Thanks!

spicytuna · 10-22-2009, 11:16 AM

IMHO, depends on whether you keep your cars a long time or whether you plan to mod the car. If you plan to keep the car, why not get the added warranty. Repairs can be expensive. If you plan to mod the heck out of the car, maybe an extended warranty is overkill.

Good Luck.

rvklein · 10-22-2009, 11:18 AM

It's also 100,000 miles. And it's transferable.

yemenmocha · 10-22-2009, 11:28 AM

Any good answers why it passed their PPI but did not get the CPO?

larman2001 · 10-22-2009, 11:41 AM

Quote:

Originally Posted by yemenmocha

Any good answers why it passed their PPI but did not get the CPO?

Maybe I misquoted. They did their own inspection on the car before they chose to buy it from the previous owner. Maybe it's not what you would refer to as a PPI.

The rep said that in general, people aren't will to pay the extra $3K to certify a car that is pretty new with low mileage.

spicytuna: I plan to keep it for many years and no mods AFAIK. You never know, but I doubt it.

rvklein: It's good to know that it's transferable. Being that I'm importing the vehicle to Canada, it would be much easier to sell if I choose to later. Porsche Canada is making it more difficult to get the car plated here as they want me to do a 'mandatory' ($1200) inspection in order to get the recall letter and then get plated. Major cash grab as the Cdn dealers are getting killed with the stronger $CDN.
I'm hoping I can get around this issue with the recall letter / history report from the US Dealer alone.

Chris C. · 10-22-2009, 11:46 AM

It costs US dealers $2K, btw. Your call but its is piece of mind for $100K and it is a nice feature for private resale

Palmbeacher · 10-22-2009, 11:57 AM

'09 is the first year for the new engine, and if it's an auto, the PDK too. Nobody knows what gremlins may turn up in the coming years that might make having that warranty a great resale enhancement, even if you don't keep the car yourself. In three years you could always purchase an aftermarket warranty, but it probably will cost you the same or more yet probably less comprehensive than the CPO. If it was me I'd go for it without batting an eye. I've got a 1st-year 997 ('05) with CPO for another 1.5 yrs and 100% will get another warranty as long as I'm keeping it. Not just on account of paranoia over issues like IMS, but because even simple things that go wrong here and there can easily add up to several times the cost of a warranty in my experience with other German cars.

agdamis · 10-22-2009, 04:12 PM

www.autotrader.com

agdamis · 10-22-2009, 04:26 PM

sorry wrong thread.

Giacomo · 10-22-2009, 04:28 PM

I'm in the process of importing a 997 into Canada and the US dealer offered to subtract $2K if I didn't want the CPO. On a car like yours the CPO is probably worth it because you could sell the car four years from now and still offer the purchaser a year of Porsche warranty. There is definitely a premium paid for a CPO car. Part of it is for the warranty but also because to qualify for CPO many of the consumables must still have alot of life left (ie. tires, rotors, pads) although in your case that may not be much of a factor.

buckwheat987 · 10-22-2009, 07:34 PM

no brainer if only 2k

Trader220 · 10-22-2009, 08:34 PM

Agreed no brainer for 2k

997, esq · 10-22-2009, 11:07 PM

I'm not generally a fan of extended warranties, but I went for the CPO on my low miles 1 yr old C2 a couple of years ago. I think that for $2k it is a smart move, given the refurbing the car gets, and the additional warranty.

No HTwo O · 10-22-2009, 11:37 PM

Offer the dealer the "true cost" for the CPO....about $1,800...not the $3,000 they want. Make the deal hinge on this.

Is a CPO from the USA valid in Canada? Make sure the answer is "yes" before you proceed.

John Velasco · 10-22-2009, 11:54 PM

Quote:

Originally Posted by 997, esq

I'm not generally a fan of extended warranties, but I went for the CPO on my low miles 1 yr old C2 a couple of years ago. I think that for $2k it is a smart move, given the refurbing the car gets, and the additional warranty.

I don't see a CPO as an extended warranty. I just see it as the warranty that should have been on the car in the first place.

jv

10-22-2009, 11:11 AM	#1
larman2001 User Join Date: Oct 2009 Posts: 13	Performing CPO on a 1 yr old C2S w/ 12K Miles - Is it worth it? Hi all, I need some advice please. I'm purchasing an 09 911 C2S w/ 12,000 miles on it. It currently has about 3 yrs left on the warranty. It's passed the dealerships PPI and they did not CPO the vehicle. In your experiences, is it worth it to get the extra 2 years of warranty for a cost of approx $3000? Any input is appreciated. Thanks!

10-22-2009, 11:16 AM	#2
spicytuna Addict Rennlist Member Join Date: Nov 2004 Location: Big Apple Posts: 36	IMHO, depends on whether you keep your cars a long time or whether you plan to mod the car. If you plan to keep the car, why not get the added warranty. Repairs can be expensive. If you plan to mod the heck out of the car, maybe an extended warranty is overkill. Good Luck. __________________ Current Rides 2004 GT3- Arctic Silver 2010 GT3- Carrara White

10-22-2009, 11:18 AM	#3
rvklein Addict Rennlist Member Join Date: Sep 2003 Location: Pasadena, MD Posts: 307	It's also 100,000 miles. And it's transferable. __________________ 2006 Carrera S Cab - Midnight Blue / Sand Biege

10-22-2009, 11:28 AM	#4
yemenmocha Addict Rennlist Member Join Date: May 2005 Location: Glendale, AZ Posts: 1,353	Any good answers why it passed their PPI but did not get the CPO? __________________ 997 C2S Atlas Grey/Stone Grey

10-22-2009, 11:46 AM	#6
Chris C. Addict Rennlist Member Join Date: Jun 2001 Location: Tucson AZ Posts: 1,459	It costs US dealers $2K, btw. Your call but its is piece of mind for $100K and it is a nice feature for private resale __________________ Chris C. (AZ) Member No. 010817-2861 2009 Carrera S Cabriolet Arctic Silver, 6-spd!, Nav, cooled seats, Dynamic lights, SC, PDC, etc. 2007 GT3 Guards Red (sold!) 2006 Boxster S 1998 Carrera S 1997 Carrera Bunch of Bimmers ...

10-22-2009, 11:57 AM	#7
Palmbeacher User Join Date: Oct 2009 Posts: 34	'09 is the first year for the new engine, and if it's an auto, the PDK too. Nobody knows what gremlins may turn up in the coming years that might make having that warranty a great resale enhancement, even if you don't keep the car yourself. In three years you could always purchase an aftermarket warranty, but it probably will cost you the same or more yet probably less comprehensive than the CPO. If it was me I'd go for it without batting an eye. I've got a 1st-year 997 ('05) with CPO for another 1.5 yrs and 100% will get another warranty as long as I'm keeping it. Not just on account of paranoia over issues like IMS, but because even simple things that go wrong here and there can easily add up to several times the cost of a warranty in my experience with other German cars.

10-22-2009, 04:12 PM	#8
agdamis Addict Rennlist Member Join Date: Jun 2004 Location: Chicago Posts: 777	www.autotrader.com __________________ AG Damis 2005 997 Carrera S 2002 BMW E39 540i sport Past mistresses: 97 993 Carrera S 88 911 Carrera 3.2

10-22-2009, 04:26 PM	#9
agdamis Addict Rennlist Member Join Date: Jun 2004 Location: Chicago Posts: 777	sorry wrong thread. __________________ AG Damis 2005 997 Carrera S 2002 BMW E39 540i sport Past mistresses: 97 993 Carrera S 88 911 Carrera 3.2

10-22-2009, 04:28 PM	#10
Giacomo Addict Rennlist Member Join Date: May 2008 Location: Woodstock, ON Posts: 452	I'm in the process of importing a 997 into Canada and the US dealer offered to subtract $2K if I didn't want the CPO. On a car like yours the CPO is probably worth it because you could sell the car four years from now and still offer the purchaser a year of Porsche warranty. There is definitely a premium paid for a CPO car. Part of it is for the warranty but also because to qualify for CPO many of the consumables must still have alot of life left (ie. tires, rotors, pads) although in your case that may not be much of a factor. __________________ Giacomo '05 997 C2 (daily driver) '94 968 stock F (club racer) '01 Boxster S (sold)

10-22-2009, 07:34 PM	#11
buckwheat987 Addict Rennlist Member Join Date: Sep 2008 Location: NJ Posts: 250	no brainer if only 2k __________________ 987S triple grey 997 guards red

10-22-2009, 08:34 PM	#12
Trader220 Addict Rennlist Member Join Date: Mar 2003 Location: Philly Posts: 2,281	Agreed no brainer for 2k __________________ 1987 TARGA 1989 TURBO 2001 HD ROAD KING 993 993 C2s RS America various 964 Coupes Various 3.2 Carreras 944 Many HD's STOLEN 1994 Speedster

10-22-2009, 11:07 PM	#13
997, esq User Join Date: Sep 2007 Location: Los Angeles Posts: 263	I'm not generally a fan of extended warranties, but I went for the CPO on my low miles 1 yr old C2 a couple of years ago. I think that for $2k it is a smart move, given the refurbing the car gets, and the additional warranty.

10-22-2009, 11:37 PM	#14
No HTwo O Addict Rennlist Member Join Date: May 2008 Posts: 868	Offer the dealer the "true cost" for the CPO....about $1,800...not the $3,000 they want. Make the deal hinge on this. Is a CPO from the USA valid in Canada? Make sure the answer is "yes" before you proceed.