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Adding 2yr CPO worth $3k?

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Old 06-03-2019, 11:20 PM
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nicholascanada
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Default Adding 2yr CPO worth $3k?

Looking at used 2019 C4, 1000 miles. Dealership offered to CPO for $3k. What is overall thoughts on value on nearly new 911? Would have 5yrs vs 3 yrs of warranty.
Old 06-03-2019, 11:26 PM
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Psorcery
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Absolutely worth it.. Dealer cost is roughly $2400-$2500 USD.
Old 06-03-2019, 11:32 PM
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dawgcatching
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You could also check in with Mike; he does the Fidelity warranty, which is not much more expensive and will cover the car for a longer period of time. I bet you could get a 4 year bumper to bumper for about $1k more.
Old 06-03-2019, 11:45 PM
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nicholascanada
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Originally Posted by dawgcatching
You could also check in with Mike; he does the Fidelity warranty, which is not much more expensive and will cover the car for a longer period of time. I bet you could get a 4 year bumper to bumper for about $1k more.
Actually in Canada so only considering the CPO option.
Old 06-04-2019, 07:58 AM
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Stevelev
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Based on an extra 2 years and small percentage difference in the purchase price of the car, I’d pay the extra $3k for CPO. (I would first try to negotiate it being included n/c, then splitting the difference at $1,500. before agreeing to $3k.)
Old 06-04-2019, 08:10 AM
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Pavegeno928
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I've come out on the positive side for sure on my 2014. Do it. I got mine for 2500.
Old 06-04-2019, 08:47 AM
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CSK 911 C4S
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If you are actually going to drive your car....... it's worth it.

If you are only going to drive it on good weather days on months that have a 5th Friday then I would say no.

Old 06-04-2019, 09:08 AM
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Hurricane
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I'm not normally an extended warranty kind of guy but for CPO, I would do it.
Old 06-04-2019, 09:13 AM
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I’m awaiting delivery on my 3rd CPO car. The things that went wrong (covered under warranty) with the first easily paid for the next two. But, as CSK said, only if you drive the car. (I also leased a 991.1 that needed warranty work as well).

The dealer inspection helps ensure that nobody had a body repair done. I’m told the standards are high and backed/supported/enforced by Porsche. I’ve owned cars where repairs didn’t show up on a carfax (including the entire nose of a car that I wrecked on black ice).

My experience is that buying a two to three year old car lowers the annual depreciation I experienced by 33% over a new car. CPO gives you a better ownership experience. I’ve dealt with three dealerships for warranty work, service has been awesome at all.
Old 06-04-2019, 10:24 AM
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Bud Taylor
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I would say yes if your door panels have not been replaced yet otherwise i would spend the money on a fidelity that last longer. Mine saved me 6100. Hood shocks and door cards.
Old 06-04-2019, 11:21 AM
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Penn4S
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Really depends on how long you plan on keeping it. If you are going to keep for 4 plus years then I think the CPO is definitely worth it. But you could get a Fidelity Platinum warranty for just slightly higher for 5 years of service.
Old 06-04-2019, 11:47 AM
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LexVan
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Invest the $3,000 into an aggressive growth mutual fund. Late in year #3 make sure your car is thoroughly inspected before factory warranty expires. Then use proceeds of your mutual fund to pay for any unscheduled maintenance.
Old 06-04-2019, 11:55 AM
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LargePuppy
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100% agree, for the most part these cars are very well built

Originally Posted by LexVan
Invest the $3,000 into an aggressive growth mutual fund. Late in year #3 make sure your car is thoroughly inspected before factory warranty expires. Then use proceeds of your mutual fund to pay for any unscheduled maintenance.
Old 06-04-2019, 12:54 PM
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nicholascanada
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I plan to keep the car over 5 years.

The car is 1yr old with 1500kms on it currently.

I plan to daily drive it 365 days a yr.
Old 06-04-2019, 01:08 PM
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LexVan
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Originally Posted by nicholascanada
I plan to keep the car over 5 years.

The car is 1yr old with 1500kms on it currently.

I plan to daily drive it 365 days a yr.
CPO sound good 4 u!


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