Porsche CPO - is it worth it?
#1
RL Community Team
Rennlist Member
Rennlist Member
Thread Starter
Porsche CPO - is it worth it?
As many of you know, I am on the hunt for an '08 turbo and have looked at a ton of vehicles. I found a very nice CPO '08 at a dealer, but the price is about $8-10K higher than a comparable one, even from another dealer.
My question is this- what else in addition to the 2 year/ 50k mi warranty do the CPO vehicles come with? Or is that all there is?
It appears that for the additional $8-10k saved somewhere else, I could have a nice repair/maintenance fund in the bank.
Thoughts?
Best,
TomF
My question is this- what else in addition to the 2 year/ 50k mi warranty do the CPO vehicles come with? Or is that all there is?
It appears that for the additional $8-10k saved somewhere else, I could have a nice repair/maintenance fund in the bank.
Thoughts?
Best,
TomF
#2
Race Director
good question. 8-10k is a lot if the cars are similar.
IMO the CPO is the best out there. No deduct and covers virtually everything.
A dealer charges anywhere b/w 2400-2900 for the CPO, so you can break it down.
Also, a CPO car has to go thru an inspection. While minor accidents are ok, PNA will not CPO major one.
IMO the CPO is the best out there. No deduct and covers virtually everything.
A dealer charges anywhere b/w 2400-2900 for the CPO, so you can break it down.
Also, a CPO car has to go thru an inspection. While minor accidents are ok, PNA will not CPO major one.
#3
RL Community Team
Rennlist Member
Rennlist Member
Thread Starter
Thanks Kosmo. This dealer is fantastic and I have had nothing but good experiences with them. I have never had a warranty on a Porsche (or any other car) before, and thought I'd consider it.
Who is the aftermarket warranty company that everyone likes again?
Best,
TomF
Who is the aftermarket warranty company that everyone likes again?
Best,
TomF
#4
Advanced
The warrantee aspect is great, but don't expect a meticulous car in all cases. I've checked out several low priced CPO cars at Parkplace in Dallas and those definitely had more superficial damage and wear. I guess nothing big, but it makes me wonder. The Fort Worth Porsche dealer told me that the Carfax will be clean if that matters.
#5
Race Director
i think CPO cars can i have any many as 2 body panels painted. More than that, PCA will not allow.
Carfax is a joke. I only thing I find useful is the # of owners.
Carfax is a joke. I only thing I find useful is the # of owners.
#6
RL Community Team
Rennlist Member
Rennlist Member
Thread Starter
I just remembered the aftermarket company all the guys on the 911 side of Rennlist use- Fidelity. As I am considering a CT that has 42k on the clock, and it is a CPO, I could purchase the Fidelity warranty and carry it forward to about 100k or 4 years, if I read the fine print correctly. The CPO coverage will give me 92k and 2 years. Not sure of the extra cost for the Fidelity at this point, but an extended warranty would be great. After 32 years of wrenching on my own cars, I wouldn't mind paying for the break!
Cheers,
TomF
Cheers,
TomF
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#8
Pepper Bartender
Rennlist Member
Rennlist Member
As many of you know, I am on the hunt for an '08 turbo and have looked at a ton of vehicles. I found a very nice CPO '08 at a dealer, but the price is about $8-10K higher than a comparable one, even from another dealer.
My question is this- what else in addition to the 2 year/ 50k mi warranty do the CPO vehicles come with? Or is that all there is?
It appears that for the additional $8-10k saved somewhere else, I could have a nice repair/maintenance fund in the bank.
Thoughts?
Best,
TomF
My question is this- what else in addition to the 2 year/ 50k mi warranty do the CPO vehicles come with? Or is that all there is?
It appears that for the additional $8-10k saved somewhere else, I could have a nice repair/maintenance fund in the bank.
Thoughts?
Best,
TomF
#9
Burning Brakes
Wow, $8-10K difference? That's huge for any automobile. In November I picked up a nicely optioned CPO 2012 V-6 tip with 18K miles and paid just at KBB. Porsche even put new tires on it. So, I can't see how an 08 Turbo CPO is worth $8-10k more than book.
#12
Instructor
well... im approaching 20 thousand dollars. (you read that right) and its about to be 27 thousand as i just took my CTT to the dealer this morning for a cracked pano sunroof. they have replaced the roof 2 previous times.
#13
RL Community Team
Rennlist Member
Rennlist Member
Thread Starter
Thanks for all the comments. I am inclined to forego the CPO route unless I can get a really good deal. There seem to be a lot of nice '08s coming on the market recently.
Cheers,
TomF
Cheers,
TomF
#14
Rennlist Member
Apart from a brand new, crated engine block, there is nothing on mine worth sinking $7k, let alone $3k. Instead, I would double-down and drop $20K on another used one and take my chances on the sum of the parts before investing that much.
But maybe my logic is flawed.
#15
Racer
CPO = Certified Pre Owned? Is this what were talking about? I remember when dealers changed the term from Used cars to CPO. I think is is all BS. What I mean, is that anyone can provide a good inspection. Even if you hired a mechanic to go through all the inspection points, is it really worth it? I don't know, CPO is not for me.
CTT? What does this stand for? CTTS = Cayenne TT Sport???
I couldn't locate it in the sticky admin terms
CTT? What does this stand for? CTTS = Cayenne TT Sport???
I couldn't locate it in the sticky admin terms