TraqGear

Quick question...need some opinions. Porsche is adding a 6 year, 100,000 mile warranty on my car, plus it will be Porsche certified. What do you think that warranty and certification is worth on the open market? Or maybe just an added bonus to the sale? Thanks in advance!

DRG13

$1990.00 is dealer cost of CPO warranty

TraqGear

Does that include the 6 year 100,000 mile part?

DRG13

New car covers first 4 year/50K miles....The CPO warranty covers the additional 2 years and 50K miles for $1990

gota911

Yes. The 6 years/100,000 miles is the CPO warranty. The date/miles are figured from the original "in service" date of your car. The original warranty is 4 years/50,000 miles. If the car is still covered under the new car warranty Porsche adds 2 years and another 50,000 miles to the warranty period, for a total of 6 years/100,000 miles, whichever comes first.

So let's say you bought your car on January 15, 2007 and the car currently has 10,000 miles on it. If someone bought it today, they would have 4 years and/or 90,000 miles (which ever comes first) remaining on the CPO warranty. So time wise, they will be covered through 1/15/2013.

See page 4 in this link: Porsche CPO Warranty

TraqGear

So, is it the same as having a Porsche Certified car as well?

gota911

I went back and reread you initial post. Unless they are doing something I have never heard of, your statements above (in blue and red) are one in the same thing.

When we say a car is a CPO car that means it has a Certified Pre-Owned Warranty and the word "Warranty" is always implied. So when a car has a CPO it has a warranty coverage for 6 years/100,000 miles, from the original "in service" date.

If a used car that is no longer under the original 4 year/50,000 mile warranty has a CPO warranty, then the CPO coverage is 2 years and 50,000 miles from the date/mileage of the resale. So if a a 5-year old CPO car with 30,000 miles on the clock were to sell today, the CPO warranty would be for 2 years from today and 50,000 miles, or until it hit 80,000 miles on the odometer (30K original miles + 50K warranty miles = 80K total).

mooty

i agree with tim above.

or do you mean that since your motor is replace, porsche is extending your warranty longer?

some ppl find CPO worthwhile... if i were to buy an used car, i would buy the CPO, however, if you already have CPO, i am NOT going to give you $2000 value that it's worth, though it is a BONUS for the buyer? not being an a hole but i think majority of the buyers would bias their thinking to benefit them (the buyers).

enthusiast

I assume Porsche is giving this to your car because the engine was replaced. It should facilitate the sale of this 997 GT3 RS but does not add dollars to the sales price.

Likemystoppie?

Can we have a sticky that everyone references on Porsche CPO warranty? I think that would be swell.


Okay kiddies:

The $1990 IS cost of the actual warranty- that $ goes RIGHT to PCNA when the car is reported as SOLD as a CPO'd car.


You GET with that Warranty: All work performed to bring it up to CPO's inspection/requirments. No sheetmetal replaced. No paintwork. No frame damage. Rotors / Pads replaced when not in specs. Tires replaced when not in specs. Ect ect.

You get a total of 6 years and/or 100k from THE DATE THE CAR WAS ORIGINALLY SOLD- Not to YOU-but to the ORIGINAL owner.


So, if a car was sold on 04/06/07 and the shiny new toy you just bought is being sold as a CPO Porsche- you get 6 years and/or 100k from THAT date.


So 04/06/2013. bumper to bumper. Doesn't include wear or tear items such as tires or brakes or wipers.

My question to anyone who wants to know the real value is: What's the cost (replacement + labor) of an engine? Transmission? Clutch? PCM unit? all the above?

It's peace of mind knowing you're getting X,Y and Z covered with your $$.

Otherwise...............it's a guessing game. Of sorts. - UNLESS- the car was CPO'd, all work performed and inspected- and the car is being sold at a blow out price on say, eBay motors or something. In which case the dealer can charge you for the $1990.

Hope that helps.

TraqGear

Thanks guys! That really helps clarify what I am getting here. They are giving it to me because it is taking longer than expected to get the engine in...I thought it would be in last month. They are also throwing in a Porsche Sport Driving school in BHM. My dealer is very very cool and really tries to compensate when I'm inconvenienced. And I didn't ask for anything, they just did it. They are also giving me other goodies that I won't mention here...I get free track days when I instruct their events, etc. Very cool guys and friends. When you buy a P car from them, you automatically get a free, private track day with instruction. I've seen many grins since they started doing it.

Carrera GT

Surprising to see a dealer tied into PSDS to such an extent -- is this the dealership where HH has a stake?

Anyway, it sounds like you're squared away, but but here's the CPO site:

http://www.porsche.com/usa/pre-owned-vehicles/approved/

RonCT

The value of this after the fact is hard to nail down. To some people like me, it's critical - I would not buy a used Porsche without CPO. But, I also won't pay more than $2000 extra for a Porsche with CPO vs. the exact same car without.

An example... When I listed my CPO 2007 GT3 on 12/29, by 12/31 I had 10 prospects, 3 serious buyers, and one of them signed a contract and gave a deposit at asking price. The reason everyone gave included the fact it was CPO.

I bought my wife and kids a 2005 Boxster S and while I looked at many cars, only the CPO ones from Porsche dealers made it to the short list. The CPO process itself goes through the whole car. The one I ended up buying had about $2000 of misc. little things (new tires, alignment, brake flush, oil & filter change, pollen filter, battery, wiper blades, AC recharge, fuel system flush, coolant, and various worn parts to make the car "as-new") done to it before they would sell it as a CPO car.

DRG13

Ron,

You sure it wasn't the fact your asking price was $92.5K? lol....

RonCT

Car actually sold for $93,500 and it was a zero option car, so MSRP was like $106k and I paid $96k.