d93

I found a 991.2 2017 Carrera S which is the exact color and spec I am looking for. Car is immaculate with very low miles. The only issue is the CARFAX has Stolen/Recovered on it. Dealer claims it was business issue with regards to a storage payment and while it was reported stolen it was worked out later, hence the recovery and there was no insurance pay out and title is clean. Generally I believe the story doesn't matter because it's just a story and the blemish on the CARFAX is all that matters. They showed me a third party certification that showed no damage or repairs and CPO'd the car. Of course I would pay a third party to re-inspect the vehicle.

Right now the car is priced at market for clean CARFAX CPO cars but closer to the low end.

How much of a discount should I ask for or should I steer clear completely??? I've seen some that had accidents on the reports go very cheap....like around 30% less than other comparable cars on the market. I'm stuck wondering if stolen/recovered is different.

I'm buying the car to drive it. I'm wondering how much the CARFAX matters down the road if I attempt to sell with 20-30,000 miles on it which I feel could be perhaps less discerning customer pool.

Socialpro

I'd steer clear as potential buyers will have a big concern with that on the carfax - but if you know for sure you will keep the car a while, and don't mind discounting the car further when you go to sell - I say go for it if it checks out!!

Balr14

+1.
Nobody is going to believe that explanation 5 years from now.

Norge911

I purchased a Cayenne as stolen recovery but price was 12k below what other Cayennes were sold for. I kept the car for 6 years and over 80k miles. When I sold, was offered 10k below market. So I had a solid car for several years.

my advice, if you plan to keep a long time, ie 5 to 7 years, do it but offer lot less than market
if you plan to sell or trade in two years, don’t as it will be much harder to sell

Jack F

The explanation always is it’s no big deal. Just to make you feel better. And if it was really stolen you know someone drove it hard. Have you seen the over rev report?

I would steer clear of this for myself. I just wouldn’t want to take on the risk. If it’s at the bottom range of price range, they know it needs to be discounted. It’s a PASS for me.

Bob Z.

How long has it been for sale?

d93

Not sure.

Rich_Jenkins

Yep. Buy it if you like it and plan to keep it for a while. EDIT To add: I'd be looking for around 10K off, on a '17 with no other issues. Maybe more.

I would never buy a used car with that story on the Carfax, but that's just me.

d93

I'm thinking 30% is the only way to get it and be able to have a chance of reselling without using my *** down the road.

the_buch

Why not try it at a reasonably deep discount and get a letter signed by the dealer with their story on it?

Vsapra

Gives “Drive it like you stole it” a new meaning.