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Urgent help with GT4 purchase

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Old 01-15-2019, 10:32 PM
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jcorderojr
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Default Urgent help with GT4 purchase
Hello again guys
So I "purchased" a CPO GT4 with 9K miles. The car was briefly listed here on Rennlist. The dealer asked me to sign "paperwork" and return it. This included Carfax report and CPO report.
Included in the paperwork. A "vehicle summary list" was included which shows a "a customer complaint about gear grinding between first and second gears" when car had about 3000 miles. It looks like a there is a repair price of 15K next to it.
This leads me to believe that the transmission was replaced!!!
Im disappointed this was not disclosed by the Rennlist member or the dealer!!!!

Is this a deal breaker??

Please advise
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Old 01-15-2019, 10:37 PM
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Ksdaoski
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Gt4 transmissions get replaced all the time .
consider it a plus
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Old 01-15-2019, 10:39 PM
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jcorderojr
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Originally Posted by Ksdaoski
Gt4 transmissions get replaced all the time .
consider it a plus
Understood.... But had I known this information I may have negotiated a different price.
Is the "value" of the car changed by the fact it has had the transmission replaced///
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Old 01-15-2019, 10:45 PM
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greggmorton
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Originally Posted by jcorderojr
Understood.... But had I known this information I may have negotiated a different price.
Is the "value" of the car changed by the fact it has had the transmission replaced///
What was the production date? If it was early 2016, then consider it a big plus. Based on the data, it’s a matter of when, not if, you’d need to replace the transmission due to 3rd gear failure.
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Old 01-15-2019, 10:55 PM
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Five12Free
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A new transmission isn’t devaluing the car one cent, it probably raised it.
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Old 01-15-2019, 10:56 PM
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BryanCO
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Originally Posted by jcorderojr
Hello again guys
So I "purchased" a CPO GT4 with 9K miles. The car was briefly listed here on Rennlist. The dealer asked me to sign "paperwork" and return it. This included Carfax report and CPO report.
Included in the paperwork. A "vehicle summary list" was included which shows a "a customer complaint about gear grinding between first and second gears" when car had about 3000 miles. It looks like a there is a repair price of 15K next to it.
This leads me to believe that the transmission was replaced!!!
Im disappointed this was not disclosed by the Rennlist member or the dealer!!!!

Is this a deal breaker??

Please advise
Was the transmission replaced? Wouldn’t bother me nor affect value. But, agree, it’s something that should have been brought up. Which makes you wonder if there are any other items not disclosed. Did you have a ppi completed?
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Old 01-15-2019, 11:07 PM
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jcorderojr
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Originally Posted by BryanCO


Was the transmission replaced? Wouldn’t bother me nor affect value. But, agree, it’s something that should have been brought up. Which makes you wonder if there are any other items not disclosed. Did you have a ppi completed?
Exactly. I am well aware of the 3rd gear issue on these cars but very disappointed the neither tne Rennlist member nor the delearship disclosed it to me.
i did not do PPI since it is sold from Porsche dealership as CPO car
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Old 01-15-2019, 11:20 PM
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Five12Free
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Originally Posted by jcorderojr

Exactly. I am well aware of the 3rd gear issue on these cars but very disappointed the neither tne Rennlist member nor the delearship disclosed it to me.
i did not do PPI since it is sold from Porsche dealership as CPO car
that’s a mistake, trusting a dealership. I would’ve got a PPI. However, not sure they would’ve caught a new transmission.
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Old 01-15-2019, 11:40 PM
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ajw45
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If it was replaced early and under warranty who cares?
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Old 01-15-2019, 11:41 PM
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jcorderojr
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Originally Posted by Five12Free

that’s a mistake, trusting a dealership. I would’ve got a PPI. However, not sure they would’ve caught a new transmission.
PPI on low mileage CPO one owner car didn’t make sense to me
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Old 01-15-2019, 11:54 PM
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911therapy
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I wouldnt sweat it, its CPO and you got a new tranny. No worries. Shouldnt affect value at all.
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Old 01-16-2019, 02:27 AM
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Non issue.
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Old 01-16-2019, 07:28 AM
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Five12Free
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Originally Posted by jcorderojr

PPI on low mileage CPO one owner car didn’t make sense to me
trusting a stealership doesn’t make sense x100000—
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Old 01-16-2019, 11:02 AM
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Diablo Dude
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Originally Posted by jcorderojr

PPI on low mileage CPO one owner car didn’t make sense to me
I would have at least asked for a DMI report to see if there were any over-revs on the engine.
If anything, your car might be worth more with the new tranny.
The fact that it is CPO, definitely helps.
Stop worrying and enjoy your car!
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Old 01-16-2019, 11:13 AM
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Originally Posted by Diablo Dude
I would have at least asked for a DMI report to see if there were any over-revs on the engine.
If anything, your car might be worth more with the new tranny.
The fact that it is CPO, definitely helps.
Stop worrying and enjoy your car!
+1... Cars are depreciating assets with a few exception. Enjoy the car for what it is and don't deny yourself the pleasure over valuation. There are much better investments out there like stocks or real estate
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