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2007 CPO TT just popped up on Porsche PreOwned

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Old 02-16-2019, 11:48 PM
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ATL_997TTS
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Default 2007 CPO TT just popped up on Porsche PreOwned

Looks like a very good deal...19k miles, CPO and $65k. Shouldn't last long.

https://nationalpreownedporsche.com/inventory/certified/Porsche+911+Turbo+Coupe+Redwood+City+California+2007+Meteor+Grey+Metalli c+12080215
Old 02-17-2019, 06:28 PM
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MK_TT
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Good find, looks like a great deal for an auto trans car.
Old 02-17-2019, 06:54 PM
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JG 996T
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Not sure how a 2007 can still be CPO.
Old 02-17-2019, 08:32 PM
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ATL_997TTS
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Originally Posted by JG 996T
Not sure how a 2007 can still be CPO.
Porsche changed the rules for CPO from 8 to 13 previous model years in Jan this year. Includes all the 997s can now be CPOd.
Old 02-17-2019, 09:16 PM
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Steve 96C4S
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Not much on pics... like, none. Weird. Great deal though for someone that wants a TIPTRONIC.
Old 02-17-2019, 11:19 PM
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TTG
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Originally Posted by ATL_997TTS
Porsche changed the rules for CPO from 8 to 13 previous model years in Jan this year. Includes all the 997s can now be CPOd.
Wow, thats just amazing! I wonder if they would CPO my car if I just take it in and pay for it
Old 02-18-2019, 08:50 AM
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JG 996T
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Originally Posted by TTG
Wow, thats just amazing! I wonder if they would CPO my car if I just take it in and pay for it
let us know. That’d be great
Old 02-18-2019, 09:00 AM
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tprattii
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Originally Posted by TTG
Wow, thats just amazing! I wonder if they would CPO my car if I just take it in and pay for it
Unfortunately they won't. I just picked up a '15 Turbo S and asked a few different dealers about how to do this. The dealership has to own the car in order to certify it so technically if you trade it in right now they can certify it for the next person. The only option for me is to get a 3rd party warranty, I'm not sure if the 3rd party warranties will cover a 997 or not.
Old 02-18-2019, 04:33 PM
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TTG
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Originally Posted by tprattii
Unfortunately they won't. I just picked up a '15 Turbo S and asked a few different dealers about how to do this. The dealership has to own the car in order to certify it so technically if you trade it in right now they can certify it for the next person. The only option for me is to get a 3rd party warranty, I'm not sure if the 3rd party warranties will cover a 997 or not.
Thank You, I figured it would not be that easy.

Last year, before purchasing my car, its owner took it to a P dealer and ask them to do whatever it needs as if they were certifying it. $5K later, I ended up with a car that hopefully doesn't require much.

Since it is not a daily driver (I only put 200 miles on it), I have opted out not to buy a warranty.

My plan is to pin the coolant lines and continue to keep it as a garage queen. It would of been nice if it was really certified though ;(
Old 02-19-2019, 09:40 AM
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USNA12
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So this is wrong gents. It all depends on the dealership. Leith Porsche in NC had agreed to CPO'ing the car for me. Basically they buy it, CPO it for approx. $2500, then sell it back to you.
Old 02-19-2019, 07:09 PM
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Originally Posted by USNA12
So this is wrong gents. It all depends on the dealership. Leith Porsche in NC had agreed to CPO'ing the car for me. Basically they buy it, CPO it for approx. $2500, then sell it back to you.
Do they sell it back to you for a $1? I live in a state where the sales tax is 10%.

Need more details please.
Old 02-20-2019, 09:06 AM
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Last edited by Carlos4S; 07-11-2019 at 03:35 PM.
Old 02-24-2019, 10:39 PM
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pfbz
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Originally Posted by USNA12
. Leith Porsche in NC had agreed to CPO'ing the car for me. Basically they buy it, CPO it for approx. $2500, then sell it back to you.
Originally Posted by TTG
Do they sell it back to you for a $1? I live in a state where the sales tax is 10%.
My understanding is that most dealerships have no interest in doing this, but even if they did, the tax issue might be a bummer...

Perhaps a bit shady, but a really cooperative dealer might take your car in trade towards a car purchase, which just happens to be your very own car sold back to you at a ~$3,000 higher price due to the CPO...

In my state and most others with sales tax, if you trade in you pay the difference in sales tax, not the purchase price of the purchased car. At my 7% sales tax and a more typical $3,000 CPO fee, that would be $3,210, plus the $700 dealer "delivery and handling" bs fee they put on all sales, but still a reasonable under $4,000 with taxes and fees.

Assuming of course that they didn't need to do anything (tires, brakes, wipers, service) etc. to bring it up to CPO compliance, which I'm sure they would want to pass on as well.



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