Is the CPO worth it

[r100rsman]

Hi Folk,

New to the forum and I think I found an 02 996 I am going to buy. Local car, sold by the dealer and just traded in. It has 56k miles and the dealer is willing to do the 60k service and CPO the car. They orginally said the CPO is not included in inital internet price ($30,500) and they are going to get me a revised price this afternoon.

So I was wondering if the CPO is worth it and what is a fair price for the CPO warranty? I really like the idea of the warranty.

[White987S]

CPO is very good. It cost the dealer about $1,500-2,000 depending on the model.

Can they CPO a 2002? That's getting pretty close to the cut-off date.

[r100rsman]

CPO is very good. It cost the dealer about $1,500-2,000 depending on the model.

Can they CPO a 2002? That's getting pretty close to the cut-off date.

It was a late 02 car and there is about 4 weeks left for them to do it. Thanks for the infoon price.

[soverystout]

Don't pay anymore than $1700 for the CPO. On that model car, that is what they pay. It's still a buyers markert and I think the new version CPO (8/2008 and newer) is worth it's weight in gold.

I bought a 03 6spd coupe from the second owner (he owned for 6 months, wife wanted a beach house so the car had to go) and I have the CPO until 2/2011.

I have used it 3 times already. When the RMS needed replacing I bough a clutch from Sunset and told the service manager to "throw it in" while the RMS was being done. So I paid no labor and got the clutch right near cost.

Edited October 5, 2009 by soverystout

[nghiaho58]

My question may sound stupid; what is CPO?

:huh:

[Loren]

My question may sound stupid; what is CPO?

:huh:

Porsche Certified Pre-Owned

You can download the brochure here

[r100rsman]

My question may sound stupid; what is CPO?

:huh:

Porsche Certified Pre-Owned

You can download the brochure here

Thanks everyone for their reply.

So what do you think is a fair price for a 02 Coupe with 56k miles, lightly optioned? Cosmetics in pretty nice condition, no accidents, verifiable service history, 60k service done and CPO from the dealer (2 yrs)? I am thinkning $29-30, am I high?

[White987S]

My question may sound stupid; what is CPO?

:huh:

Here is a quick cut & paste:

ThePorsche Approved Limited Warranty offers full

peace of mind that in the unlikely event of your Porsche

developing a fault, the affected parts will be replaced or

repaired as required*** with no deductible. The warranty

coverage is limited to the following components:

• Engine: Engine block and all engine internal parts,

cylinder head(s) and valve assembly, oil cooler(s),

head gasket(s), manifolds, flywheel, chains/tensioner,

oil pan, oil pump, exhaust manifold, turbo charger,

clutch master and master and slave cylinders, and

all related engine seals and gaskets if related to

warranty repair.

•Transmission:Transmission case and differential

housing(s) and all their internal parts, clutch master

cylinder, clutch slave cylinder, torque converter, flex

plate, and all seals and gaskets.

•Drive Train: Torque tube, drive shaft assembly,

center bearing assembly, and drive axle with

constant velocity joints.

•Suspension & Steering: Steering wheel, rack and

pinion steering gear, power steering pump.

•Cooling System: Water pump, fan, thermostat,

radiator thermoswitch, and all related seals

and gaskets.

•Heating/Air Conditioning: Heater/air conditioning

regulation controls, a/c clutch, compressor,

condenser, evaporator, control unit for climate control.

•Fuel System: Fuel injectors, throttle valve housing,

air flow sensor, intake air distributor, intake manifold,

pressure regulator, temperature sensors, control

units, warm-up regulator, fuel distributor, fuel line,

air pump, and all related seals and gaskets.

•Electrical System: Fuel pump, oil temperature

sending unit, turbo charger water pump, alternator,

voltage regulator, starter, radiator fan switch,

ignition coil, ignition distributor, hall sensor, knock

sensor, distributor cap(s), rotor, ignition cables/

connectors, high beam switch, all electrical motors,

pumps, and all control units for the following factory

installed systems (if

equipped): Anti-Lock

Braking System,

supplemental restraint,

wiper/washer, intensive

headlight washer,

headlights, door lock, power

windows, rear wiper, rear

hatch release, spoiler,

cruise control, factory

alarm, Porsche Dynamic

all-wheel drive (Carrera 4),

limited slip differential (928),

tire pressure warning (928),

central information panel,

on-board computer, and

climate control.

•ABS Brake System

(if equipped): ABS wheel

sensors, control unit,

modulator, ABS

hydraulic pump.

•Supplemental Restraint

System (if equipped):

Air Bag control unit and

airbag sensor.

•Brake System: Master

cylinder, brake pressure

regulator, brake pressure

accumulator, brake booster.

Limitations.

The warranty does not cover:

•Batteries damaged

from storage

•Batteries damaged from

lack of use

•Tires damaged by

road hazard

•Tires damaged by

premature wear

•Parts that fail due to lack

of maintenance

• Normal wear and tear

• Cleaning and polishing

• Lubricants

•Air conditioner

refrigerant charge

•Glass Breakage

•Vehicles originating outside

of USA and Canada

•Unauthorized modifications

•Wheel balancing and tires

Validity.

For added convenience, your

Porsche Approved Limited

Warranty coverage is included

in the purchase price. Since

the warranty applies to the

vehicle rather than the owner,

it remains intact and can be

transferred with the private

selling of your Porsche.

Porsche Roadside Assistance.

Your Porsche Approved vehicle

also comes with Porsche Roadside

Assistance, an exclusive support

service that offers added security

when travelling at home or abroad.

In addition to breakdown, accident,

transport and recovery, the

program includes a range of other

coverage services. Please see

your dealer for more information.

Peace of mind.

With the added security that

comes with comprehensive

warranty cover, you can now

look forwardto many thousands

of miles of even greater driving

pleasure from your Porsche.

*** Warranty Coverage: Porsche Cars North

America will repair or replace with a new part

distributed by Porsche Cars North America,

at its sole option, any factory-installed part

that is faulty in material or workmanship under

normal use. Warranty repairs will be made

free of charge for parts and labor at an

authorized Porsche dealer.

Edited October 6, 2009 by Loren
remove oversized font

[White987S]

So what do you think is a fair price for a 02 Coupe with 56k miles, lightly optioned? Cosmetics in pretty nice condition, no accidents, verifiable service history, 60k service done and CPO from the dealer (2 yrs)? I am thinkning $29-30, am I high?

What is the asking price?

[nghiaho58]

My question may sound stupid; what is CPO?

:huh:

Here is a quick cut & paste:

ThePorsche Approved Limited Warranty offers full

peace of mind that in the unlikely event of your Porsche

developing a fault, the affected parts will be replaced or

repaired as required*** with no deductible. The warranty

coverage is limited to the following components:

• Engine: Engine block and all engine internal parts,

cylinder head(s) and valve assembly, oil cooler(s),

head gasket(s), manifolds, flywheel, chains/tensioner,

oil pan, oil pump, exhaust manifold, turbo charger,

clutch master and master and slave cylinders, and

all related engine seals and gaskets if related to

warranty repair.

•Transmission:Transmission case and differential

housing(s) and all their internal parts, clutch master

cylinder, clutch slave cylinder, torque converter, flex

plate, and all seals and gaskets.

•Drive Train: Torque tube, drive shaft assembly,

center bearing assembly, and drive axle with

constant velocity joints.

•Suspension & Steering: Steering wheel, rack and

pinion steering gear, power steering pump.

•Cooling System: Water pump, fan, thermostat,

radiator thermoswitch, and all related seals

and gaskets.

•Heating/Air Conditioning: Heater/air conditioning

regulation controls, a/c clutch, compressor,

condenser, evaporator, control unit for climate control.

•Fuel System: Fuel injectors, throttle valve housing,

air flow sensor, intake air distributor, intake manifold,

pressure regulator, temperature sensors, control

units, warm-up regulator, fuel distributor, fuel line,

air pump, and all related seals and gaskets.

•Electrical System: Fuel pump, oil temperature

sending unit, turbo charger water pump, alternator,

voltage regulator, starter, radiator fan switch,

ignition coil, ignition distributor, hall sensor, knock

sensor, distributor cap(s), rotor, ignition cables/

connectors, high beam switch, all electrical motors,

pumps, and all control units for the following factory

installed systems (if

equipped): Anti-Lock

Braking System,

supplemental restraint,

wiper/washer, intensive

headlight washer,

headlights, door lock, power

windows, rear wiper, rear

hatch release, spoiler,

cruise control, factory

alarm, Porsche Dynamic

all-wheel drive (Carrera 4),

limited slip differential (928),

tire pressure warning (928),

central information panel,

on-board computer, and

climate control.

•ABS Brake System

(if equipped): ABS wheel

sensors, control unit,

modulator, ABS

hydraulic pump.

•Supplemental Restraint

System (if equipped):

Air Bag control unit and

airbag sensor.

•Brake System: Master

cylinder, brake pressure

regulator, brake pressure

accumulator, brake booster.

Limitations.

The warranty does not cover:

•Batteries damaged

from storage

•Batteries damaged from

lack of use

•Tires damaged by

road hazard

•Tires damaged by

premature wear

•Parts that fail due to lack

of maintenance

• Normal wear and tear

• Cleaning and polishing

• Lubricants

•Air conditioner

refrigerant charge

•Glass Breakage

•Vehicles originating outside

of USA and Canada

•Unauthorized modifications

•Wheel balancing and tires

Validity.

For added convenience, your

Porsche Approved Limited

Warranty coverage is included

in the purchase price. Since

the warranty applies to the

vehicle rather than the owner,

it remains intact and can be

transferred with the private

selling of your Porsche.

Porsche Roadside Assistance.

Your Porsche Approved vehicle

also comes with Porsche Roadside

Assistance, an exclusive support

service that offers added security

when travelling at home or abroad.

In addition to breakdown, accident,

transport and recovery, the

program includes a range of other

coverage services. Please see

your dealer for more information.

Peace of mind.

With the added security that

comes with comprehensive

warranty cover, you can now

look forwardto many thousands

of miles of even greater driving

pleasure from your Porsche.

*** Warranty Coverage: Porsche Cars North

America will repair or replace with a new part

distributed by Porsche Cars North America,

at its sole option, any factory-installed part

that is faulty in material or workmanship under

normal use. Warranty repairs will be made

free of charge for parts and labor at an

authorized Porsche dealer.

Thanks guys.

[r100rsman]

They are asking $32,000 with the CPO. I think they are high considering I just found an 03 Targa 34k miles for $32,500.

[htny]

Well, I bought an 02 C2 CPO in 2007 with under 40K on the clock for about 39K before taxes (it has 52K on it now, so pretty comparable), my point is that while I like the fact that they seem to be holding a little value, I think you can probably push a little on price. Make them an offer you can live with, and make sure they put the CPO paperwork through ASAP, follow up after purchase.

[soverystout]

My question may sound stupid; what is CPO?

:huh:

Porsche Certified Pre-Owned

You can download the brochure here

Thanks everyone for their reply.

So what do you think is a fair price for a 02 Coupe with 56k miles, lightly optioned? Cosmetics in pretty nice condition, no accidents, verifiable service history, 60k service done and CPO from the dealer (2 yrs)? I am thinkning $29-30, am I high?

$32K is too high for an 02 with that Mileage. Even with the CPO. Shoot for $29K.

[carrera3.2]

My question may sound stupid; what is CPO?

:huh:

Porsche Certified Pre-Owned

You can download the brochure here

Thanks everyone for their reply.

So what do you think is a fair price for a 02 Coupe with 56k miles, lightly optioned? Cosmetics in pretty nice condition, no accidents, verifiable service history, 60k service done and CPO from the dealer (2 yrs)? I am thinkning $29-30, am I high?

$32K is too high for an 02 with that Mileage. Even with the CPO. Shoot for $29K.

I just bought, through a private sale, a highly optioned 2003 C2 coupe in flawless condition with less than 36K miles on it and all past records for $32K. It did not, however, come with a CPO. The entire IMS (not just the seal) on this car was replaced under warranty in 2006. I am trying to decide if I should get a CPO, as it is still possible to do so through a regional PCNA dealer.

[r100rsman]

My question may sound stupid; what is CPO?

:huh:

Porsche Certified Pre-Owned

You can download the brochure here

Thanks everyone for their reply.

So what do you think is a fair price for a 02 Coupe with 56k miles, lightly optioned? Cosmetics in pretty nice condition, no accidents, verifiable service history, 60k service done and CPO from the dealer (2 yrs)? I am thinkning $29-30, am I high?

$32K is too high for an 02 with that Mileage. Even with the CPO. Shoot for $29K.

I just bought, through a private sale, a highly optioned 2003 C2 coupe in flawless condition with less than 36K miles on it and all past records for $32K. It did not, however, come with a CPO. The entire IMS (not just the seal) on this car was replaced under warranty in 2006. I am trying to decide if I should get a CPO, as it is still possible to do so through a regional PCNA dealer.

I choose the 03 Targa with 30k miles. I took delivery last Monday. I bought it from my local indipendent shop with a 60 day warranty. They have done work on my Benz and previous 911 so i trust them. They did the 30k service on the car and said it's sound. So far it runs like a champ and i am a happy guy.

I would say if you can get a warranty great but don't make that the deciding factor on a car, if it feels like the right car, go for it and enjoy