Is CPO an absolute must?
#1
Is CPO an absolute must?
Hi everyone!
I'm interested in a 991.1 C4S (NA engine ftw) and most of the ones I found that were listed for sale were not CPO (Certified Pre-Owned). There's not many CPO 991.1 but I was even considering 991.2 in which case, there are more CPOs available.
My previous used cars such as Range Rover, Macan, BMW 5 series, Mercedes E class etc have all been CPO and hence, I'm used to purchasing a used vehicle that is CPO - it gives me a sense of reassurance that if something were to go wrong, I'm covered for the most part. However, I do realize that the 911 is a totally different beast and a different kind of clientele go for these cars who may in theory, take better care of their vehicles.
My question is, if a 911 has a good service history and no red flags on Carfax, is CPO really necessary? Assume that if it's not a CPO, a PPi will be performed prior to purchase.
Thank you for reading and I hope to hear from you guys!
I'm interested in a 991.1 C4S (NA engine ftw) and most of the ones I found that were listed for sale were not CPO (Certified Pre-Owned). There's not many CPO 991.1 but I was even considering 991.2 in which case, there are more CPOs available.
My previous used cars such as Range Rover, Macan, BMW 5 series, Mercedes E class etc have all been CPO and hence, I'm used to purchasing a used vehicle that is CPO - it gives me a sense of reassurance that if something were to go wrong, I'm covered for the most part. However, I do realize that the 911 is a totally different beast and a different kind of clientele go for these cars who may in theory, take better care of their vehicles.
My question is, if a 911 has a good service history and no red flags on Carfax, is CPO really necessary? Assume that if it's not a CPO, a PPi will be performed prior to purchase.
Thank you for reading and I hope to hear from you guys!
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CSK 911 C4S (09-15-2021)
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#5
Originally Posted by OHall
That's a great idea, thank you very much for your response!
#6
The 991 generation of the 911 is pretty much bullet proof. There are a few minor niggles - COVs or coolant tanks - but not really much else.
As stated above, buy smart, a well maintained car with documentation is unlikely to give you any headaches.
If your risk tolerance is low buy a Fidelity warranty. If buying at a dealer they should be able to add CPO for a few grand.
My car lost it’s factory warranty a year ago and I debated adding a warranty but ultimately decided to save the several thousand. My car is perfectly maintained and hasn’t given me any issues.
Good luck!
As stated above, buy smart, a well maintained car with documentation is unlikely to give you any headaches.
If your risk tolerance is low buy a Fidelity warranty. If buying at a dealer they should be able to add CPO for a few grand.
My car lost it’s factory warranty a year ago and I debated adding a warranty but ultimately decided to save the several thousand. My car is perfectly maintained and hasn’t given me any issues.
Good luck!
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Levy (09-15-2021)
#7
I agree, if the car has a ppi and service history, it should be okay. A Fidelity Warranty is gambling, you are betting $XX that your car will need more than $XX during the term of the warranty. Since warranty companies know that on average cars need less than $XX, the odds of winning by not buying are higher than 50% on average. That said, the warranty adds comfort. Could you easily afford a $10,000 pdk repair? If not get the warranty. Also, since only dealers cpo. you are probably paying 10% above market rates for the 911 plus another $5k for the cpo. You could bank the savings and use that to cover repairs.
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justbob (09-17-2021)
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#8
The 991 generation of the 911 is pretty much bullet proof. There are a few minor niggles - COVs or coolant tanks - but not really much else.
As stated above, buy smart, a well maintained car with documentation is unlikely to give you any headaches.
If your risk tolerance is low buy a Fidelity warranty. If buying at a dealer they should be able to add CPO for a few grand.
My car lost it’s factory warranty a year ago and I debated adding a warranty but ultimately decided to save the several thousand. My car is perfectly maintained and hasn’t given me any issues.
Good luck!
As stated above, buy smart, a well maintained car with documentation is unlikely to give you any headaches.
If your risk tolerance is low buy a Fidelity warranty. If buying at a dealer they should be able to add CPO for a few grand.
My car lost it’s factory warranty a year ago and I debated adding a warranty but ultimately decided to save the several thousand. My car is perfectly maintained and hasn’t given me any issues.
Good luck!
if you need a warranty for peace of mind, then it's a must FOR YOU.
i/like some others passed on one because my car (991.1 C2S) was perfectly maintained/zero accidents/one previous owner and had no red flags to make me worry/be concerned. if the unit you find/buy has any cause for concern, i could understand wanting a warranty (CPO or Fidelity).
so my answer to "is cpo a must?" is it depends on the specific car and how you feel about it. we are all different regarding risk tolerance. it really is a personal decision.
BTW....in 1.5 years of ownership, i've paid $300 total for repairs (blower motor resister and install)
#9
Due to Federal Stop Sale order, no Porsche dealer is allowed to sell a 991.1 equipped with sport Chrono and PDK (affects majority of inventory). My small time local dealer is sitting on 4 991.1 S/4S cars (since march 2020 that I know of) . Hence why the number of CPO cars has dried up over last 12+ months
Best advice is buy from private party/off-brand dealer , a car with service history, a thorough PPI (not one of those $99 dollar jobs) and buy a fidelity warranty to cover your unforeseen failure. Good luck
Best advice is buy from private party/off-brand dealer , a car with service history, a thorough PPI (not one of those $99 dollar jobs) and buy a fidelity warranty to cover your unforeseen failure. Good luck
#10
A little over a year ago I purchased a 2012 991.1 PDK S cab GQ. It had 13K on it and was traded on a expensive Benz. After looking the car over, top/underneath and driving the car I felt very comfortable purchasing it without a PPI. There were service records and I spoke to the seller who owned the car for six years (he purchased it as a CPO when his friend traded it for a new 911) It really depends on your comfort level. I purchased a Fidelity Platinum 3/36 $0 ded for less than $3,000 this January as I will not put 36K on it in three years but am covered just in case. As mj above stated...I did not pay a P dealer premium or the extra 3-5K for CPO status. It's different for everyone.......
#11
An option would be to set up a new savings account at your bank, deposit the cost of the warranty into it, and throw a few hundred bucks at it here and there. You'd be setting up an escrow savings for the purpose of car repairs - it would be there if you needed it but if you ever decide to part with the car and did not need it, the money is still yours. Self-insurance essentially.
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#12
#13
FWIW, I bought my CPO 981 GT4 w/30k miles (not a 911 but same engine et al), and it has been to the shop 14+ times (some for preventative checks when new sound(s) was heard...stopped counting) for various issues. The dealer would not release the car to me when I signed the paper work because they found a vacuum leak in one of the mufflers. The one muffler alone was $4k, with the other muffler to follow suit? "For me", the coverage already paid for itself. As always, YMMV.
#14
Im on P car #3 all have been CPO. I love the fact I just show up to the dealer and they fix what ever is bothering me and give me a loaner. Only major things I needed were control arms and front air shocks on my 2014 970 and water pump on my 991.2 but I have not paid for anything other than oil changes. Im not one to buy something without the resources to fix it out of pocket but knowing I just bring it in and its taken care of is great.
Last edited by B Russ; 09-15-2021 at 11:06 AM.