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CPO Designation - Why? How?

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Old 01-16-2016, 04:16 PM
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991carreradriver
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Default CPO Designation - Why? How?

I can't seem to get a straight answer, perhaps the forum has better information to answer my question.

How is a pre-owned 911 selected to become CPO?
Old 01-16-2016, 05:28 PM
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DerekS
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As I understand it the dealership does this electively and it costs them somewhere around $2500.

I don't know that the criteria to allow/disallow a CPO has been publicly posted. Some folks say if > 1 body panel has been repaired, CPO is impossible.

I know that's not much of a straight answer but that's all I've got.
Old 01-16-2016, 05:30 PM
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Need4S
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Essentially they are "select" used cars that have undergone what in effect is a dealer checklist like a PPI, so that Porsche has sufficient confidence to cover then with a warranty. They are still used cars so you should still do a careful inspection yourself and if you can, get a PPI by an independent. Some dealers won't let you do that off-premises.
Old 01-16-2016, 07:25 PM
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Dewinator
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I thought my dealership told me it was $3400 to PNA for the designation. Dealerships would love to just skip it but they're required to a hold a certain % of their used inventory CPO.
Old 01-16-2016, 10:44 PM
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2001f4s
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I understand that over-revs is one of the criteria for denying the car being CPO'd
Old 01-16-2016, 11:06 PM
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STG
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http://www.porsche.com/usa/approvedu...rscheapproved/

Tires need to have certain amt of tread, recommended services up to date, and no more than 2 body panels repainted to name a few.

Overall, a nice incentive ONLY Porsche dealers are able to offer on cars that they sell. You can't roll in and buy a CPO.

Overall, other than the basic minimum requirements, a CPO isn't a guarantee of a mint + car.

I believe they won't CPO with aftermarket exhaust, and other non cosmetic mods as well.

Overall, a GREAT extended warranty. I wouldn't pay more than $3K for one as a buyer.

They can CPO any car that has been punched as well. Could be "new", but with a punched warranty. That's a huge plus on being able to negotiate another 2 yrs on a warranty that may only be months old.

Some dealers are cheap skates and don't want to CPO because the cost of a possible service and maybe new tires on top of the cost of the CPO. Can add on $3-5K to the asking price and cars priced higher move slower.
Old 01-17-2016, 02:39 AM
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golfnutintib
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Originally Posted by 2001f4s
I understand that over-revs is one of the criteria for denying the car being CPO'd
i believe the cost to dealer to cpo a qualified car (one that meets conditions, as others have mentioned) varies by model... e.g. a base Boxster vs a 991TT...

also on manual shift cars if the car has overrevs over range 3 CPO is not allowed
Old 01-17-2016, 03:27 AM
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drcollie
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Originally Posted by Need4S
Essentially they are "select" used cars that have undergone what in effect is a dealer checklist like a PPI, so that Porsche has sufficient confidence to cover then with a warranty. They are still used cars so you should still do a careful inspection yourself and if you can, get a PPI by an independent. Some dealers won't let you do that off-premises.
Not necessarily true. My car was brand new (35 miles on it) and the warranty was 'punched' on it for allotment purposes and the dealer CPO'ed it as way to get it sold. Best of both worlds, brand new car and that long, long warranty.
Old 01-17-2016, 09:42 AM
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991carreradriver
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Originally Posted by 2001f4s
I understand that over-revs is one of the criteria for denying the car being CPO'd
That's one myth I can dispel with certainty. My traded 2014 is on the lot CPO'd. It had multiple overrev's and they knew I tracked that car regularly.
Old 01-17-2016, 10:38 AM
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LexVan
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I believe some dealerships DO NOT offer Porsche's CPO because they'd rather sell you an aftermarket warranty that the Finance Guy makes a higher sales commission on.



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