Retail cost of CPO warranty ?
#1
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Looking at a couple CPO cars, One is a low mileage 03 Cab with CPO. Just curious what I could realisticly knock off the price if I was a gabeling man and wanted to take it without the CPO warranty. Anyone know what a fair price reduction would be to remove it?
Thanks
Thanks
#2
Rennlist Member
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as much as you can get them to knock off. you just keep going till they will not go anymore. Dont limit yourself to "whats fare" just keep pounding away on them..... and then when they stopped dropping.. Sit on it another day or two.
#4
Drifting
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I think Porsche charges the dealer $2000 for the CPO warranty and dealer here charges $400 for the tech to do the certification. So if you have a real good working relationship with your dealer expect to pay around $2400. They will profit about $300 plus possibly sell a vehicle which may otherwise go unsold. Should be able to $2-3k knocked off depending what the individual dealer charges. Remember a good dealer will fix virtually anything that goes wrong during the CPO coverage and they like it as they get paid full shop rate from Porsche. I've heard of people complaining of very minor and insignificant things and getting them all fixed at no charge and without question. Sounds too good to pass up.
#5
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I think Porsche charges the dealer $2000 for the CPO warranty and dealer here charges $400 for the tech to do the certification. So if you have a real good working relationship with your dealer expect to pay around $2400. They will profit about $300 plus possibly sell a vehicle which may otherwise go unsold. Should be able to $2-3k knocked off depending what the individual dealer charges. Remember a good dealer will fix virtually anything that goes wrong during the CPO coverage and they like it as they get paid full shop rate from Porsche. I've heard of people complaining of very minor and insignificant things and getting them all fixed at no charge and without question. Sounds too good to pass up.
It's an 03 cab with 47kmiles. Price seemed a bit lofty at 36k even with the CPO included.
#6
Drifting
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If they have already CPO'd the car and paid for it they probably will not be able to knock off much. If it was me and I could get a CPO that went to 100,000 miles I would go for the CPO.
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#8
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I was looking at two 03 cabs with similar features and 34k miles. One was CPO'ed going for 36,900 and the other no CPO, 33,900. I was thinking of gambling too but wife didn't want to take the chance. I ended up paying $35.5K. Probably could have pushed a little more but didn't want to lose the car. So, I'd said $36K is on the high side.
As for the CPO
2 months later:
Failed speed sensor $0.00
Failed radiator fan $0.00
RMS replaced $0.00
IMS replaced $0.00
Labor: 8+ hours
CPO warranty: priceless
As for the CPO
2 months later:
Failed speed sensor $0.00
Failed radiator fan $0.00
RMS replaced $0.00
IMS replaced $0.00
Labor: 8+ hours
CPO warranty: priceless
#9
Nordschleife Master
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Once the car is CPO'd the dealer has already paid PCNA for the CPO. (1) Just negotiate the price of the car and if you are in your price range then buy it (2) CPO, while not necessary, is a great thing to have for even the most perfect used car so you have 2 years to make sure everything truly is ok.
#11
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Once the car is CPO'd the dealer has already paid PCNA for the CPO. (1) Just negotiate the price of the car and if you are in your price range then buy it (2) CPO, while not necessary, is a great thing to have for even the most perfect used car so you have 2 years to make sure everything truly is ok.
As a differing point of view, I bought a non-CPO car w/ an aftermarket warranty and in 10 months, have not used it once.
#12
Nordschleife Master
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My guess is they did a pre CPO check on the car and then "offered" it as a CPO and if purchased they would then send in the paperwork to PCNA. So, technically that car was not a CPO car but they were willing to do it for the price on the window. I would assume many dealers do it this way. Invest a couple hours of labor to make sure it will pass CPO without any significant cost on top of the CPO and then when bought send in the $$$ to PCNA.
But once that paperwork is submitted to PCNA payment is made and that car is CPO'd
But once that paperwork is submitted to PCNA payment is made and that car is CPO'd
#13
Three Wheelin'
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Interesting. When I shopped for my car last year, one dealer was willing to remove the CPO warranty and take $2k off the price. It was advertised as already having been CPO certified, but I didn't buy the car, so I'm not positive. Is it possible for the dealer to get reimbursed if they remove CPO?
As a differing point of view, I bought a non-CPO car w/ an aftermarket warranty and in 10 months, have not used it once.
As a differing point of view, I bought a non-CPO car w/ an aftermarket warranty and in 10 months, have not used it once.
I've seen it first hand.
#14
Drifting
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Some cars are advertised as CPO, but actually not until the date of sale this way a new owner will not loose 2 months of warranty if the car sits on the lot that long before it is sold. A car that is advertised as CPO by the dealer has already had a going over by a wrench and is a likely candidate. During the actual process prior to sale, a form is checked and signed by the tech that does the inspection. Any claims on the CPO warranty done in the first 30 days are not covered by Porsche NA but have to be absorbed by the dealer.
#15
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I just bought a 2005 C4S for $35k; they said they had a whole saler who was supposed to be buying the car for $2,500 less (from england) and wanted it without the CPO. So the CPO price is $2,500.
Being a rookie P-car owner, I was VERY excited about the CPO.
Being a rookie P-car owner, I was VERY excited about the CPO.