Is the Porsche Macan electric SUV delayed? It seems so. According to Porsche AG, in fact the Porsche electric Macan SUV may not appear until 2023.
Reviewer consensus considers the Porsche Macan a best compact SUV and a best crossover SUV. So it seems that this is the best time to strike while the iron is hot. The Porsche Macan was slated to emerge as a Porsche electric SUV exclusively, to go on sale in 2023.
But now Porsche informs us that “issues” have arisen which impact release of the Macan electric SUV. Those notorious software glitches, don’t you know.
Camouflaged Macan EV Prototypes exiting the gates of Porsche’s WeissachDevelopment Center. Credit: Porsche AG
Here is a summary of implications involving the Porsche Macan electric SUV delay:
Cariad, the Volkswagen Group’s software division, seems to be suffering from undisclosed gremlins plaguing its E3 1.2 software platform
Inside rumors suggest that Porsche is considering increasing bandwidth through the development of a proposed diverging E3 2.0 software stack
Such an E3 2.0 software stack could stymie any future E3 1.2 upgrades, with the potential of adversely impacting Porsche models set to go all-EV sooner than later
The agreement between the VW Group and Porsche AG, curiously, grants Porsche the freedom to forgo the E3 2.0 software stack completely, in favor of developing its own independent software stack
So what is the potential mid- and long-term fallout of this “shocking” turn of events?
The 718 Cayman and 718 Boxster EVs may not make their slated sales release dates of 2025
The proposed Cayenne all-electric SUV could see its scheduled sales release dates pushed back even further
As Porsche disclosed at the announcement of the Porsche Macan electric-only compact crossover SUV, the Porsche Macan EV shares the PPE platform in co-development with Audi.
On the distant R&D horizon is an anticipated but yet-to-be-determined Porsche SUV, the largest one ever to be unleashed by Porsche. Porsche’s Leipzig facilities will most likely produce this third SUV.
This prospective Porsche SUV will probably premiere in the latter half of this decade. More rumors have it that this large SUV may share some hardware with future generations of the Panamera and Taycan.
Porsche’s much-anticipated yet delayed IPO finally debuted on Thursday, September 29, 2022. During one of the largest European initial public offerings in history, Porsche’s opening IPO shares wasted no time in rising upon the Frankfurt debut, albeit perhaps modestly so.
The Stuttgart luxury- and sports-car manufacturer’s initial shares opened at 84 euros ($81). These shares garnered a 3 percent gain — in spite of across-the-board declines among anemic global markets.
The offering paid homage to Porsche’s legendary iconic model, the 911: The total share count totaled 911 million, and the offering’s ticker symbol is P911.DE.
On the eve of Volkswagen’s spinoff of the Porsche IPO offering, the deal’s underwriters set top-of-the-range pricing Wednesday at 82.50 euros. This translates to a company valuation of approximately 77 billion euros, or $75 billion.
“We were convinced despite the challenging environment this IPO would prove successful, and we were right.”
Success despite Economic Chaos
The auspicious Porsche IPO debut was the largest in Germany since Deutsche Telekom’s (DTEGn.DE) listing in 1996. It set precedent as a market landmark in spite of — or perhaps because of — the stiff, clashing global-market headwinds that its opening faced.
These include such adverse economic tribulations as:
The war in Ukraine
Supply-chain bottlenecks, and
The foreboding lackluster IPO performance of luxury OEMs Aston Martin, BMW, Ferrari and Mercedes-Benz
“We were convinced despite the challenging environment this IPO would prove successful, and we were right,” announced Volkswagen’s Chief Financial Officer, Arno Antlitz.
In an understandably celebratory mood, Mr. Antlitz enthused, “Today is a great day for Porsche and a great day for Volkswagen,” as stated to CNBC’s Annette Weisbach on Thursday.
Among other assertions, some of Mr. Antlitz’s concluding pullquotes regarding the deal invoked Porsche’s “strong financials” as well as “a very convincing strategy for the future.”
Porsche and Volkswagen’s foremost objectives in introducing the offering involve substantial investments in its aggressive plans for digitization and vehicle electrification.
The IPO sold roughly 113,875,000 Porsche AG preferred shares, carrying no voting rights, to the public.
Laying the Initial Groundwork
As prelude to the deal, holding company Porsche Automobil Holding SE (PSHG_p.DE) laid the groundwork for the Porsche IPO offering. Among its roles as a holding company, Porsche SE currently controls Volkswagen Aktiengesellschaft (Volkswagen AG).
Thus Porsche SE and Volkswagen AG crafted a share purchase agreement, paving the way for the Porsche IPO. The final deal granted 25 percent, plus one share of the ordinary shares, in Porsche AG vis-à-vis the new Porsche IPO.
Descendants of legendary Porsche founder Ferdinand Porsche, the Porsche and Piëch families via Porsche SE are majority shareholders of Volkswagen AG. The families in turn solidified their operating influence over the business affairs at Porsche.
The Deal Behind the Deal
Through the IPO, Volkswagen sold 12.5 percent of stock in Porsche to the public as non-voting shares. Four major investors — Abu Dhabi, Norway, Qatar and American money manager T. Rowe Price — bought roughly 40 percent of these shares.
The Porsche and Piëch families, along with the majority shareholders of Volkswagen, acquired another 12.5 percent of Porsche stocks — precious voting shares.
Consequently, the Porsche and Piëch families own 25 percent of these shares. They now possess the needed voting power to veto any business decisions that they perceive as averse to Porsche’s relentless ongoing mission since its founding.
Win-Win for All Parties
So this 25 percent, plus one share of ordinary shares, in Porsche AG adds up to approximately 10.1 billion euros. All told, the IPO’s listing shares yield Porsche a financial infusion of close to 19.5 billion euros. This was intended to pave the way for more financial flexibility in terms of developing digitization and electric vehicles.
Dr. Wolfgang Porsche, Chairman of the Supervisory Board of Porsche SE, and Dr. Hans Michel Piëch, Deputy Chairman of the Supervisory Board of Porsche SE, issued a joint statement on the Porsche IPO offering:
“This IPO offers advantages for all parties involved. The proceeds will accelerate Volkswagen AG’s transformation, its shareholders will receive a special dividend payment and Porsche AG will gain more entrepreneurial freedom. Naturally, all shareholders of Porsche SE will also profit from this transaction.”
* * *
Don’t forget to leave a Comment as well as Like and Share this post below. Thanks!
Porsche Club of America members now have the limited advance opportunity to purchase Rennsport Reunion 7 admission and model-specific corral tickets before they become available to the public.
Starting on September 22, 2022, at 8:00 a.m. Pacific Time, PCA Members are able to purchase Porsche Rennsport Reunion 7 tickets
Upon registration opening on that date and time, you can click on the Purchase Tickets link to do so. PLEASE NOTE: This same Purchase Tickets link can also be used anytime to buy tickets after PCA pre-sale too.
To register, you will be asked for a pre-sale code. This pre-sale code is your PCA member number, which is unique to every member.
The final appearance of a Le Mans legend: The Porsche 919 scored three overall wins at the 24 Hours of Le Mans. Credit: Porsche AG
Available Porsche Rennsport Reunion 7 Tickets for Pre-Sale
The following tickets are available for pre-sale:
General-mission tickets for Porsche Rennsport Reunion 7
Model-specific corral tickets: These are for only-Porsche cars as listed in the dropdown selection. If you bring a Porsche that does not match the corral ticket you purchased, please note that you will be directed to park in general parking and not a Porsche corral.
Porsche Rennsport Reunion 7 Questions and Contact Information
General Questions: Contact WeatherTech Raceway Laguna Seca customer service at (831) 242-8201 during normal business hours which are Monday – Friday 8:00 a.m. – 5:00 p.m. PT. Use this Purchase Tickets link to buy tickets anytime after the PCA pre-sale.
If your PCA membership number is rejected, then please contact the PCA Member Services at (410) 381-0911 or membership@pca.org. PCA Member Services are available during normal business hours, which are Monday – Friday 9:00 a.m. – 5:00 p.m. ET. Please be aware that if you have let your membership lapse, you will have to renew your membership prior to purchasing tickets.
Porsche Rennsport Reunion 7 Updates and Tips
This Porsche Rennsport Reunion 7 juxtaposes with the 75th Anniversary of Porsche. This also coincides with the 60th Anniversary of the debut of the Porsche 911. Accordingly, this will be an extraordinarily special event for both Porsche fans and enthusiasts of all ages. For more information about why Porsche Rennsport Reunion is so important, please click here for the official Porsche Rennsport Reunion 7 website.
It is strongly suggested that you make reservations for your lodging accommodations as soon as possible if you are planning to go to Porsche Rennsport Reunion 7. A good starting point is to go to and check out the See Monterey website for lodging availability.
All of the Porsche Club of America’s activities will take place inside of the WeatherTech Raceway Laguna Seca.
For the latest updates on PCA activities at Porsche Rennsport Reunion, please make sure you are subscribed to PCA’s E-Brake Newsletter. If you’re not subscribed, it’s free! Click here to subscribe to E-Brake News
Additionally, please listen to PCA’s Porsche Club Insider Podcast for weekly updates on Porsche Rennsport Reunion 7. You can listen to the podcast on any of the major Podcast providers or watch it on the PCA YouTube Channel and be sure to subscribe so you don’t miss any updates and the latest videos from PCA.
* * *
Don’t forget to leave a Comment as well as Like and Share this post below. Thanks!
Porsche Cars North America (PCNA) issues a headlight safety recall. It spans most of the Stuttgart, Germany, automobile manufacturer’s model lines. The model years subject to recall include model years from 2003 through 2020. The exposed models are the Cayman S sports cars, Panamera hatchbacks, and Cayenne and Macan SUVs.
> Company | 1 MIN Read
> Like and Share this post. Thanks!
The Recall Problem: We’re Screwed . . .
Missing caps intended to cover the low-beam headlights’ horizontal adjustment screws triggered the Porsche recall. Specifically, the absence of the missing caps could lead to incorrect adjustment of the headlights. This could cause the headlights’ beams to stray from proper alignment.
In turn, the low beams might provide less-than-optimal illumination of the road ahead. The potential result: increased glare impairing oncoming motorists’ vision — thus increasing risk of collision.
Even if the caps are not in place, it’s not something that is intended to be adjusted.
Porsche’s recall entails adjustment along one axis only. “While horizontal headlight adjustment was possible on older vehicles, it has not been the case for a number of years,” explains Jennifer Stockburger, Director of Operations of Consumer Reports‘ Auto Test Center. “Even if the caps are not in place, it’s not something that is intended to be adjusted. Only vertical adjustment is allowed.”
Facsimile of Recall envelope. Credit: NHTSA
According to the National Highway Traffic Safety Administration (NHTSA), an estimated 193,259 Porsche vehicles could be subject to this recall. “These vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard [N]umber 108, Lamps, Reflective Devices, and Associated Equipment,” the NHTSA’s official recall notice declares.
The Recall Solution: . . . Now Maybe We’re Screwed Not So Much
The NHTSA’S Campaign Number for the recall is 22V656000. Porsche’s internal Campaign Number is ANB4. As with all recalls, Porsche dealerships will inspect the affected vehicles’ headlights. They will install any missing caps if necessary, free of charge, of course.
If you would like to check all official NHTSA recalls on your vehicles, if any, simply enter your VIN number(s) on the NHTSA VIN Lookup webpage.
Owner notification letters were slated to be mailed to owners on or about October 29, 2022. Additionally, owners are able to contact Porsche Customer Service at 1-800-767-7243 with any questions.
* * *
Don’t forget to leave a Comment as well as Like and Share this post below. Thanks!
Porsche AG first-half-year 2022 worldwide sales amassed 145,860 deliveries. Porsche enjoyed such modestly high numbers in spite of a series of hurdles. Sales between January and June 2022, however, incurred a 5 percent decline compared to the same period last year.
“We and our dealers have successfully navigated a first half-year shaped by external factors and uncertainties,” asserts Detlev von Platen, Board Member for Sales and Marketing at Porsche AG.
“In addition to the difficulties posed by the resurgence of the COVID pandemic in China and other markets, ongoing supply-chain- and logistics-related challenges have accompanied us.”
Source: Porsche AG
Worldwide Sales Breakdown by Region
Global sales in H1 showed a variety of ups and downs. Worldwide sales depended on deliveries region by region.
Europe, for example, showed robust sales. Sales in the “Old World” increased to 43,087 deliveries. This translated to a year-over-year upsurge of 7 percent. This built upon already strong sales of the same period in 2021.
Drilling down further, sales growth in Germany amounted to 13,785 deliveries. This H1 year-over-year 5 percent increase in Porsche’s own mother country of Deutschland generally buttressed both European as well as global expanded sales deliveries.
China, the largest global market-share polity, showed the greatest decline, however. The Land of the Red Dragon suffered a negative 16 percent shellacking in the first half of the year.
Another downturn occurred in the United States, Porsche’s second largest global market. The two countries brought down overall numbers in the Asia-Pacific, Africa and Middle East region and the Americas region, respectively.
“We and our dealers have successfully navigated a first half-year shaped by external factors and uncertainties.”
Worldwide Sales Breakdown by Model
Yet again, SUV models dominated Porsche AG’s H1 worldwide sales. All other models produced respectable numbers despite supply-chain bottlenecks.
The Cayenne, Porsche’s larger SUV, boasted the strongest sales deliveries. Global customers drove 41,947 units home.
The Macan, the Stuttgart, Germany, luxury car company’s perennial best-seller, came in at second place with sales of 38,039 deliveries.
The 911, Porsche’s sports-car icon, put happy miles of smiles on the faces of 21,616 worldwide customers.
The Taycan, the company’s first all-electric passenger car, came in an anemic third position, with sales of 18,877 units. The Taycan suffered the most from those aforementioned supply-chain issues.
The Panamera, the other passenger car in the Porsche’s stable, saw deliveries of 15,604 units.
The 718 Cayman coupe and 718 Boxster roadster, Porsche’s nimble, mid-engined sports cars, tallied up 9,777 deliveries.
Mr. von Platen sums it all up, bringing the big picture into focus: “We are heading into the third quarter full of energy and optimism and, in addition to deliveries, we continue to focus on unique brand experiences for our customers.”
* * *
Don’t forget to leave a Comment as well as Like and Share this post below. Thanks!
PORSCHE SECOND-QUARTER 2022 USA RETAIL SALES amounted to 19,487 deliveries, an increase of 2.8 percent, compared to Q2 2021. This quarterly tally, according to Porsche Cars North America, Inc. (PCNA), rolls into the first six months of 2022. This adds up to a total of 32,529 units, down 10.5 percent compared to the first half of 2021.
However, PCNA holds the 2021 record for greatest historic sales year of 36,326 deliveries by the Atlanta, Georgia-based company.
Source: Porsche Cars North America
“Our order books are full as we attract new and returning customers to the Porsche brand.”
“Performance is a key part of Porsche culture, and we are working closely across the company as one team to meet the demand from our U.S. customers,” asserted Kjell Gruner, PCNA President and CEO.
As usual, Porsche’s Macan and Cayenne SUVs led sales in the half-year period. Next the all-electric Taycan came in second, followed by the refreshed Panamera. The 718 Boxster and 718 Cayman brought up the rear in sales.
Porsche Approved Certified Pre-Owned (CPO) U.S. sales delivered 15,449 units, up 6.0 percent, compared to the first six months of 2022.
Don’t forget to leave a Comment as well as Like and Share this post below. Thanks!
Porsche AG half-year 2021 worldwide sales continue to build on the initial strong kickoff of the year.
Worldwide sales of Porsche AG vehicles set a record with 153,656 units. This signifies a stout increase of 31 percent over previous year-to-date sales.
All models contributed to this double-digit growth. Porsche SUV model lines garnered the lion’s share of sales. But the sports-car model lines as well as the luxury-car lines also did well.
“We are extremely delighted with the high level of demand for our sports cars — the increase in deliveries in the first half of the year is above that of the overall market.”
Every Model Series Earned Increased Sales
As has historically been the case in recent times, Porsche SUV sales outpaced car sales. Porsche AG first-quarter 2021 worldwide sales break out as follows:
Cayenne — Porsche AG’s larger SUV earned sales of 44,050 units, an increase of 12 percent over last year’s sales to date
Macan — Porsche’s compact but mighty SUV was a close second, boasting 43,618 deliveries, up 27 percent over last year
911 — the company’s iconic flagship sports car deliveries of 20,611 units, an increase of 22 percent
Taycan — Porsche’s first all-electric sports car garnered deliveries of 19,822 units
718 Boxster and 718 Cayman — 11,922 mid-engine roadster and coupé units, up a healthy 33 percent, the greatest increase of all model sales
Panamera — Porsche’s four-door internal-combustion and hybrid automobile trim lines saw sales of 13,633 units, an increase of six percent
Source: Porsche AG
All Global Regions Realized Significant Growth
Each and every worldwide region yielded sales increases, breaking out as follows:
Europe: +25.1 percent
Germany: +22.4 percent
America: +51.3% percent
USA: +50.2 percent
Asia-Pacific, Africa and Middle East: +24.6 percent
China: +22.9 percent
“We are extremely delighted with the high level of demand for our sports cars — the increase in deliveries in the first half or the year is above that of the overall market. Our order books are full. At the same time, we are aware of the uncertainties caused by the Corona pandemic and the semiconductor supply situation. We are continuing to keep a close eye on the overall situation while maintaining our optimistic stance.”
Don’t forget to leave a Comment as well as Like and Share this post below. Thanks!
Porsche wants you to clinch your driving hands wet on the wheel of the Stuttgart-Zuffenhausen car or SUV of your dreams — a ride delivering the fullest in driving satisfaction.
To this end, Porsche’s online Car Configurator conjures up Artificial Intelligence (AI) on its worldwide retail websites now. Endgame: Your ultimate motoring pleasure.
So how can Artificial Intelligence uniquely land you in the driver’s seat of the ideal Porsche of your dreams? Glad you asked. Please read on . . .
Porsche Car Configurator conjures Artificial Intelligence
How Does the Porsche Car Configurator Use Artificial Intelligence (AI)?
All Porsche retail websites round the world include the Porsche Car Configurator. The Porsche Car Configurator enables you to mold and craft that Porsche model of your dreams. You are allowed to do this by reviewing and selecting all optional equipment of your choice right at your fingertips.
In other words, you can “configure” your ideal Porsche with the Car Configurator, as its name spells out. The Car Configurator employs Artificial Intelligence to recommend which features complement the options you have chosen so far.
“We’re making the configuration process easier for our customers.”
— Axel Berger, Project Manager, Porsche AG Advanced Analytics and Smart Data Department
The Porsche Car Configurator “Recommendation Engine”
Porsche is adding the novel technology of Artificial Intelligence as the latest wrinkle to its configuration resource in real time. Working behind the scenes is Porsche’s “Recommendation Engine” as the Configurator’s advisory utility.
What Does the “Recommendation Engine” Do?
Here’s how the Recommendation Engine works:
Every so-motivated customer using the Car Configurator makes choices categorized under tabbed selections at the top of the Configurator screen (e.g., Exterior Colors & Wheels, Interior Colors & Seats, Options, etc.)
By clicking or tapping on the light bulb icon in the bottom-right corner, the configuring customer receives tailored recommendations unique to him or her at that given moment
Thus the Car Configurator’s artificial intelligence utility chooses from up to billions of available option combinations
Recommendations are derived in a fraction of a second from millions of Porsche Car Configurator data points
Porsche estimates a 90 percent accuracy in meeting each customer’s desires
Porsche promises that, as new data is gathered and processed, the Recommendation Engine’s rate of accuracy improves over time
Applying Algorithms and Crafting Neural Networks
Without getting too deep in the weeds, the bottom line is, locally derived algorithms ferret out data patterns. This then paves the way for arriving at predictable selections tailored for each customer. This, in turn, derives the greatest possible benefit based on his/her particular choices.
In short, neural networks — over 270 machine learning models — are fashioned and crafted on the basis of specific markets and their particular localized market ecosystems for each and every customer working his or her magic on the Porsche Car Configurator.
“By using artificial intelligence in the Porsche Car Configurator, we’re making the configuration process easier for our customers. We’re using this technology to create a truly personalized online experience where we display relevant equipment options — no two users receive the same recommendations.”
Of course, such data collection and analysis could be prone to abuse. Porsche assures us, however, that the proper precautions are being taken to ensure data shielding, anonymity and privacy over the course of the entire process.
Where in the World Did Porsche’s Use of Artificial Intelligence Originate?
The Porsche Car Configurator’s deployment of these artificial intelligence protocols saw initial rollout in the following world markets:
China
Germany
Great Britain
Switzerland
Taiwan, and
The United States
Other markets will follow in due course.
Pros and Cons of Porsche’s Artificial Intelligence
PRO Better fine-tuning as to how you are now able to craft that Porsche of your dreams
PRO Craft that Porsche from home or office, without having to go to the showroom
PRO Learn the exact final suggested list price as the baseline from which to haggle
PRO Soon Porsche’s Artificial Intelligence will be accessible everywhere on the planet
CON Potential breach of private data collection, data analysis, and security
Next Steps Going Forward — as Simple as 1, 2, 3!
As depicted in the 911 Turbo S Porsche Car Configurator screenshot above and described among the initial bullets near the top too, the process of configuring the Porsche of your lusty choice is easy.
Simply begin by choosing a set of desired options in a particular section. Then click or tap on the light bulb icon in the lower-right-hand corner of the Porsche Car Configurator’s screen. This can be done during the course of each customer’s virtual consultation session on the website.
Of course, Porsche’s ultimate goal is to further enhance each and every potential Porsche customer’s brand experience as extended to the Internet retail domain. Now go (con)figure that Stuttgart-Zuffenhausen ride of your dreams!
Start by accessing Porsche’s “Find a Dealer” webpage as depicted in the screenshot above. If you are in the United States, you can use the dialog box that is superimposed over Greenland in the above screenshot, above the red up-arrow.
Either click on “Use my current location” in the top field or enter your city/state or zip code in the bottom field.
Or, if you are outside the United States, then use the “Change Country/Region” drop-down boxes at the bottom of the page, below the red down-arrow.
To find the closest dealer to you, use the “Select a region” and “Select a country/region” drop-down boxes.
Once you arrive at the homepage in your own country, you can then select the “Car Configurator” link in the upper-right corner of that homepage.
Configuring and obtaining the Porsche of your dreams with the Porsche Car Configurator using Porsche Artificial Intelligence is as easy as 1-2-3!
Step 1
Locate
Your first step is to locate a dealer nearest you by clicking on the button below. Then just follow the directions above under the “Locate a Dealer” discussion.
Once on your local dealership’s homepage, simply click on the “Car Configurator” link on that homepage. The link is typically in the upper-right-hand corner of the homepage.
Step 3
Drive, Drive, Drive!
Either buy the configured Porsche of your dreams online or at your local dealership — then drive, drive, drive your new sweet baby to your heart’s content!
Related Articles for Further Review
Here are some related articles that you may also like:
How buying a new Porsche can save you money
How buying a new Porsche can save you money could be easier than you think. It’s just a mandatory matter of discretionary options, options, options. . .
Welcome to our 996-gen Porsche 911 Buyer Guide. The Guide presents you with our historical perspective; essential facts and figures; and purchasing caveats. . .
Porsche launches Porsche Finder, its pre-owned vehicle search platform
Porsche launches Porsche Finder, its pre-owned vehicle search platform. Porsche Finder enables prospective customers to search all 192 USA Porsche dealerships. . .
WE SUGGEST THAT YOU STUDY THE TOP TEN CPO TIPS for buying a Certified Pre-Owned Porsche below. These top ten CPO tips are intended to steer you in the right direction when considering a CPO Porsche.
Not heeding them could mean the difference between getting a deal of a lifetime — or getting burned big-time, even if (or maybe especially if) you end up purchasing a non-CPO Porsche.
Be sure to share any of your own CPO tips, experiences and input in the Comments section below to give a hand up to all of your fellow Porschephiles.
StuttgartDNA Tip:
Looking To Buy a Porsche Certified Pre-Owned (CPO) Late-Model 991.2-gen Porsche 911?
Achtung, baby. First check out our 991.2-gen Porsche 911 Buyer Guide before you make another move. Get to know the broad strokes as well as the intimate minutia of the 991.2-gen Porsche 911 before flocking to your local Porsche-authorized dealerships.
. . . Oh, and you can thank us later while you’re whooshing down the road savoring miles and miles of smiles in your newly purchased CPO 991.2-gen Porsche 911. . .
Top Ten CPO Porsche Tips
Once you narrow down your choice (or choices) of CPO Porsches that you desire, do “all of the below”:
1. Take that all-important test drive
That first test drive is a must. It’s the only way you’re going to know if the vehicle under consideration is the right fit for you. Drive that ride as long as your sales consultant will allow. Also, drive under as many different road conditions and speeds as possible — especially around some tasty twisties, if there are any in your test-drive area.
2. Examine the vehicle’s Porsche Approved Certified Pre-Owned 111-Point Checklist
Determine if the dealership is willing to let you study the official 111-point checklist in question (see two blank forms of the Checklist below) on the vehicle that you are interested in buying. Go over it carefully to make sure there aren’t any oddities or discrepancies.
You may find that the dealer is reluctant – or even completely unwilling — to let you see the official 111-point checklist. RED-FLAG ALERT! Move on to the next dealership and vehicles to consider — as fast as you can. Truly reputable dealers should have absolutely nothing to hide. A good starting point, as such, is first searching for CPO Porsches at Porsche Premier Dealers near you, if any, and then checking all other Porsche Dealers near you.
Porsche CPO 111-Point Checklist, Page 1 of 2. Source: PCNA
Porsche CPO 111-Point Checklist, Page 2 of 2. Source: PCNA
Obtain the documentation of the remaining terms that are left on the new-car warranty, if there is one still in force. Be sure to determine the exact expiration date of that document. This is your base-line starting point of your warranty.
4. Check out the vehicle’s maintenance history
Take a hard look at the maintenance history of the vehicle that Porsche has documented and tracked up through to the time when the previous owner has surrendered the vehicle.
Related Links to Listings in the Porsche Resources Directory to Assist You in Your Car Search:
5. Examine the Porsche Approved CPO Warranty in detail
Be sure to scrutinize the Porsche Approved CPO Warranty’s fine print. This way, you’ll know exactly what you’re getting in to. Then you won’t suffer any blindside surprises down the road.
Credit: Porsche AG
6. Make sure you’re getting a Porsche Factory-authorized CPO Warranty
This may be belaboring the obvious, but determine that the CPO Warranty is definitely backed and sanctioned by the Porsche Factory. Confirm this in writing with your salesperson, who incidentally should be a Porsche Certified Sales Consultant at a genuine Porsche Center dealership in the first place.
This is the only way that you’ll be guaranteed that your warranty will be honored across North America, or across the greater region where you live.
7. Establish the end date of your CPO Warranty
It is imperative that you establish the exact end date of your prospective CPO Warranty — and get it in writing. The complicated calculations of warranty dates and duration of the Porsche Warranty make this critical.
StuttgartDNA Tip:
Get the right car insurance
Before buying that Porsche of your choice, make sure to do your homework on getting the best car insurance for it — read our article on the subject by clicking on the following link:
8. Get that indispensable pre-purchase inspection (PPI)
By all means, it is crucial that you run a pre-purchase inspection on the prospective vehicle. Some if not most dealerships will resist this, but do your best to fight for this critical inspection. As a starting point, check out our Porsche Resources Directory for PPI shops near you; use the Search Filters on that initial landing page to zero in on your State or Province.
9. Bone up on your desired vehicle’s resale value
You need to do your homework before sitting down at the bargaining table. Be sure to research resale values. You should do this anyway whenever you’re in the market for any vehicle, CPO or not. This will put you in a much more powerful bargaining position when the time comes to haggle.
10. Haggle, haggle, haggle away
Did someone say “haggle”? Yes, indeed. You definitely need to negotiate with your Porsche Certified Sales Consultant in order to get the best price possible. You need to negotiate despite the fact that you’re in the market for a CPO vehicle — or, more important, exactly because you’re in the hunt for a CPO vehicle.
After all, you do want to whittle down — as much as possible — that premium factored into the price of a CPO Porsche, don’t you? Of course you do! (See my article entitled Porsche Certified Pre-Owned (CPO) Program for more information on this “premium.”)
Now go get that Porsche of your dreams — or at least one of them for now!
In the “LEAVE A REPLY” space at the bottom of this page, please post your COMMENTS now about this article, your best CPO tips, suggestions, and experiences.
Let us know your impressions, your experiences in searching for a Porsche to purchase and perhaps any experiences — very satisfying through to horrendous — in finding and buying that Porsche.
Start a conversation now, or join in on an existing conversation, by leaving a reply. Your input is highly valued by us and much appreciated!
Selective Suggested Reading for Further Porsche CPO Study
Buying a CPO Porsche – Tricky Warrantee — “horror story” by laphroaig99 posted on the eBay.com website — WEBPAGE TAKEN DOWN FROM eBAY WEBSITE.
CPO or No? — unattributed article in the “Porsche Buyer’s Guide” of the 2015-2016 edition from Excellence magazine
In the Know About CPOs — article by Peter Bohr from Westways, the official magazine of the Southern California AAA Auto Club — WEBPAGE TAKEN DOWN FROM AAA AUTO CLUB WEBSITE.
Most automotive-industry pundits agree on only one thing when it comes to any automaker’s certified pre-owned (CPO) program: All agree that a used but certified pre-owned (CPO) vehicle is going to cost you big bucks, relatively speaking, of course.
This is as opposed to buying a used car from a private party, or a used car that isn’t presented as “certified” from an independent retailer.
On the other hand, what the pundits hardly ever agree on is whether these programs are worth that extra cost, or not.
This is where you come in to the picture: Here’s your chance to arrive at a solution to this dilemma for yourself if you are considering the Porsche Certified Pre-Owned (CPO) Program. Hopefully this article will help you do just that.
StuttgartDNA Tip:
Looking To Buy a Porsche Certified Pre-Owned (CPO) Late-Model 991.2-gen Porsche 911?
Achtung, baby. First check out our 991.2-gen Porsche 911 Buyer Guide before you make another move. Get to know the broad strokes as well as the intimate minutia of the 991.2-gen Porsche 911 before flocking to your local Porsche-authorized dealerships.
. . . Oh, and you can thank us later while you’re whooshing down the road savoring miles and miles of smiles in your newly purchased CPO 991.2-gen Porsche 911. . .
Most important (and probably why you now find yourself on our Porsche-centric website in the first place), the question at hand before us is, “How does the Porsche Certified Pre-Owned (CPO) Program rate?” Or does it?
But, first, let’s begin with a little basic background on the subject in general. . .
Introduction to the Basic Concept of All Certified Pre-Owned (CPO) Programs
The essence of the basic CPO concept boils down to the following two (2) assurances implied by any certified pre-owned (CPO) program:
1. The prospective CPO vehicle has led a relatively charmed life up to now, with the proper scheduled maintenance and servicing, as well as its lack of any major accidents or other evils.
2. A handsome extended warranty will come with the vehicle, thus reassuring the prospective buyer that the dealership will gladly exorcise any and all unforeseen mechanical gremlins from the vehicle in the future.
But here’s the rub when it comes down to the rubber meeting the road:
Industry standards are nonexistent. There is a broad spectrum of CPO program parameters as set by each auto manufacturer. Whereas the Porsche Certified Pre-Owned (CPO) Program requires its vehicles to be eight years old or less in model years, but now with no stated limited miles as in the past, most other programs have much shorter age and mileage criteria, for example.
CPO warranties vary greatly from automaker to automaker. As there are no standards in CPO program parameters, warranties have no uniform coverage criteria. But you can safely assume that you won’t receive the same comprehensive bumper-to-bumper coverage that you would on an original new-car factory warranty.
You will pay a premium for the privilege of buying a Certified Pre-Owned (CPO) vehicle. Depending on the respective automakers’ CPO programs that you are considering, this extra cost varies from a few hundred dollars to perhaps as much as $5,000 or more.
Dealers make the final call on assigning CPO status — not the automaker. Sure, some auto manufacturers prescribe stringent inspection protocols, but they don’t have the final say on CPO qualifying status — the local authorized dealers make that call, sometimes even on vehicles that may actually have failed inspection.
Anyone can “self-certify” one’s own used cars for sale. Beware used-car lots of automaker-unaffiliated, independent resellers. There’s nothing stopping these outfits from creating their own “inspection” programs and deceivingly touting their cars as “certified pre-owned” vehicles.
Scary, huh? No worries. We’re not diehard Porschephiles for nothing, are we? The Porsche brand does possess significant intrinsic value and worth, after all. So, please, do read on. . .
The Porsche Certified Pre-Owned (CPO) Program is viewed as one of the best by automotive-industry pundits and insiders alike.
There are two benchmarks for “Porsche Approved” factory-backed, extended-warranty coverage — cars still under warranty and those no longer under warranty:
Cars under warranty — up to 6 years coverage from the time of used retail delivery
Cars no longer under warranty — the warranty extends to the earlier of 2 years or 50,000 miles from used retail delivery; Porsche’s previous limit of exceeding 100,000 total vehicle miles or more is no longer in effect
In addition, not only is the Warranty completely transferable to future purchasers of the vehicle, but it also carries no deductibles on repair costs.
Finally, roadside assistance is rolled into the package, as is the case for Porsche’s New-Car Warranty.
The Lowdown – Porsche CPO Program Features and Details
Given Porsche’s venerable, stellar standing in the global automotive industry, it stands to reason that the Porsche Certified Pre-Owned (CPO) Program would also yield significant value.
Indeed, the Porsche CPO Program is no exception according to consensus within the industry. It is universally considered one of the best CPO programs in the marketplace.
Vehicles that are first considered for the program are typically trade-ins or lease returns to an authorized Porsche dealership, which slates such vehicles for resell.
The ones that make the cut to enter the Porsche Certified Pre-Owned (CPO) Program are known as “Porsche Approved” vehicles. This appellation is intended to connote the high standards and quality for which the name Porsche stands.
The implication is further bolstered by the fact that all such Porsche Approved vehicles are inspected by, as well as serviced by, Porsche Certified technicians — using only Genuine Porsche parts.
Eligibility for enrollment into the Porsche Certified Pre-Owned (CPO) Program applies to current model-year vehicles, as well as to vehicles up to eight previous model years.
Furthermore, all CPO candidates must pass a rigorous inspection. Factory-trained Porsche technicians run each vehicle through a 111-point mechanical- and visual-inspection checklist (pictured above and below). Most of the checklist’s grades are evaluated on a pass / fail basis.
Any items sustaining a failing grade must be repaired or replaced to factory spec with Genuine Porsche parts. This is the only means by which a vehicle progresses to the next phase.
Thus the dealer not only inspects, but also reconditions, any Porsche Approved vehicle that enters the program.
Question: So, theoretically, any reconditioned Porsche that passes the 111-point test, and that is within the age and mileage windows, automatically makes it into the CPO program, right? Not!
The two major exceptions prohibiting Porsche vehicles from ever entering the Porsche Certified Pre-Owned (CPO) Program are:
Porsches that do not have a full and complete authorized-dealer service history
Porsches that have crash damage, i.e., with four or more repainted panels and/or with evidence of frame repair
The next hurdle is for the dealer to enroll the vehicle into the Porsche Factory CPO Program. The dealer thus incurs a fee of as much as a few thousand dollars for the privilege.
This program entry fee is necessarily passed on to you when you purchase a CPO Porsche. So, again, accordingly, it stands to reason why Porsche Approved CPO vehicles tend to cost as much as they do.
Credit: Porsche AG
The Lowdown – Porsche CPO Warranty Features and Details
The Porsche Approved Certified Limited Warranty itself is considered to be one of the best in the business. As previously mentioned, it carries no deductibles, covering 100% of all approved material and labor costs.
Other research sources, both on and off the Internet, claim that the Warranty is close to a bumper-to-bumper warranty — but be sure to place caveat-emptor emphasis on the words “close to.” After all, most new-car warranties aren’t entirely limitless, all-inclusive “bumper-to-bumper” warranties, either.
As is also the case with most, if not all, vehicle warranties, wear-and-tear issues and expendable items are not covered. The only exception to this rule is if there is a manufacturing and/or material defect in a part, component or mechanism itself. As common sense would tell you, typical wear-and-tear and expendable examples include, but are not limited to:
Cleaning and polishing
Lubricants
Rock chips and scratches in the glass and paint
Spark plugs, filters, brake pads, worn tires, etc., etc.
And be forewarned — your track-day or high-performance driver-education (HPDE) excursions could void your car’s eligibility for the CPO program as well as void your own existing CPO Warranty faster than a Porsche 919 on the Nürburgring’s legendary Nordschleife. Don’t say I didn’t tell you so. . . !
Also bear in mind that the Warranty covers only repairs performed at an authorized Porsche dealer.
Porsche’s roadside-assistance program, simply known as Porsche Assistance, is included under the Warranty. But also be aware of the fact that some costs are associated with this aspect of the program, such as the cost of a new key should you happen to lose yours, for example. Please refer to the Porsche Assistance webpage for all of the details of the program.
As is the case under new-car-warranty coverage, 24/7/365 roadside service is just a phone call away. The Porsche Assistance Program, by the way, is subcontracted to GE Motor Club, which is also the subcontracted factory roadside-assistance provider for Ferrari and BMW, among others.
Finally, because the Warranty is fully transferable to any subsequent owner, have no fear in buying a CPO Porsche from a private owner who may live quite a distance away from you. That’s because Porsche dealerships across North America are bound, by definition, to honor any CPO Warranty.
StuttgartDNA Tip:
Get the right insurance
Before buying that Porsche of your choice, make sure to do your homework on getting the best insurance for it — read our article on the subject by clicking on the following link:
Porsche Certified Pre-Owned (CPO) Program: In Conclusion
In your quest for that special Porsche of your dreams, both CPO vehicles and non-CPO vehicles may pop up on your radar as attractive candidates. It isn’t inconceivable that you could even run across some competing CPO and non-CPO vehicles whose prices vary by only a few hundred dollars or so.
In this scenario — let’s call it Scenario A — you could be running a fool’s errand if to choose the non-CPO vehicle over the Porsche CPO vehicle, in light of all the reasons outlined above in the foregoing narrative.
That’s how invaluable the Porsche Certified Pre-Owned (CPO) Program is when searching for a late-model used Porsche. This is one extreme on the narrow end of the spectrum for the moment. . .
One can find a horror story or two or three or more on the Internet, or such anecdotes by word of mouth, about the Porsche Certified Pre-Owned (CPO) Program.
Among several tales of woe that I ran across on the Net, take, for example, the account about the Porsche factory refusing to cover a blown PCM (i.e., the Porsche Communications Management system, with includes the high-resolution touchscreen and brains of the control center for audio, navigation and communication functions).
Bear in mind, though, that this alleged “horror story” may (or may not) be the result of some protracted dispute over a separate Porsche mentioned in the post, a Cayenne, that was being haggled over by the person posting this story, at this particular dealership. Who can know for sure?
Just because something is splashed across the World Wide Web doesn’t make it gospel, now, does it?
Such negative critiques on the Porsche CPO Program, therefore, have to be taken with a grain of salt: Witness, for instance, restaurant reviews on Yelp which swing wildly from 5-star ratings to 0-star horrendous reviews on any given restaurant.
Have similarly dreadful Yelp reviews about your very favorite eatery ever deterred you from going back to dine there again and again and again? Of course not.
As such, I’m sure that, by now, you’re well aware of the fact that you’re playing the odds here.
Credit: Porsche AG
To pick up the thread from above, take the following Scenario B: On the opposite broad end of the spectrum from the first scenario described previously, you may very well find a used non-CPO Porsche of your heart’s desire for a very attractive rock-bottom price, relative to a moderately higher price tag on a CPO Porsche that also catches your eye.
Such an attractive contender (i.e., the non-CPO Porsche) could possess all of the attributes that you have on your checklist, and more, such as:
The lowest negotiated price
More options
Up-to-date maintenance records
New-car warranty still in effect, etc. etc.
Because you could acquire this Porsche at a steal of a deal, this may be the way to go — or not. Just remember that such a purchase comes with the following caveat in the long term: AS IS — especially if that new-car warranty is about to run out.
The bottom line is this: The Porsche Factory is gambling on the calculated probability that it will spend much less in warranty claims over the long run, relative to its initial outlay in setting up its vehicles in the Porsche CPO program.
Odds are therefore substantially high in your favor with a CPO-purchased vehicle — that is, more than likely, you will be spending boatloads less than what you would normally spend on out-of-warranty repairs on a non-CPO ride.
In the vernacular, that definitely doesn’t suck.
So when you embark upon your quest for a CPO Porsche, use these gathered tips (which are presented here in no particular order) to get yourself the best possible deal with the ultimate goal of increasing your odds that your final deal indeed doesn’t suck:
Test drive the vehicle for as long as the dealership will allow
Do your best to get your hands on Porsche’s 111-point checklist on the car of your choice
Get documentation of the remaining terms of the existing new-car warranty
Try to obtain the vehicle’s maintenance history as performed at Porsche dealerships through and up to the time of vehicle surrender
Study the fine print of the Porsche Approved CPO Warranty so that there are no surprises or misunderstandings regarding your in-depth comprehension of the deal
Be sure to establish and confirm that you will be getting a factory-sanctioned CPO Warranty
It is imperative that you spring for and fight for a pre-purchase inspection (PPI) despite the likely objections of the dealership
Be sure to set the end date in writing of your potential CPO Warranty — this is critical in light of the Porsche Warranty’s complicated calculation of warranty dates and duration
Research resale values as you would when in the market for any other vehicle so that you know, coming in, what your reasonable purchase price will be when haggling
Be sure to haggle with your Porsche Certified sales representative to get the best price possible regardless of the fact that you’re purchasing a CPO vehicle — that is, wheel and deal as you would on any other vehicle to get the best possible price!
Credit: Porsche AG
In the final analysis, bear in mind that, when purchasing a late-model CPO Porsche, you’re acquiring a vehicle with as much as a 6-year / 100,000 mile extended warranty.
Most important, though, is the fact that you’re foregoing most if not all of the cons and any other downside issues associated with buying a brand-spanking-new car. . .
— Wait. Do you grasp the monumental significance of this?! You are thus bypassing one of the largest “hidden” expenses that one incurs immediately upon taking delivery of a new car — the cost of depreciation!
That is, when buying a CPO Porsche, you could be even more than offsetting that front-ended 20% to 30% depreciation cost that any new-car buyer incurs straightaway, depending on what model year you ultimately acquire, of course.
For the new-car buyer, however, the meter on this cost starts running as soon as that new car rolls off the lot, and through the next two to three years of ownership.
But a CPO Porsche can save you almost that entire huge 20-30% depreciation expense instantaneously. Oh, joy!
In the “LEAVE A REPLY” section at the bottom of this page, please post your commentsnow about this article.
Let us know your impressions, your experiences in searching for a Porsche to purchase and perhaps any experiences — very satisfying or horrendous — in finding and buying that Porsche. Your input is highly valued by us and much appreciated!
Start the conversation, or join in on a conversation, now by leaving a reply.
Selective Suggested Reading for Further Porsche CPO Study
Buying a CPO Porsche – Tricky Warrantee — “horror story” by laphroaig99 posted on the eBay.com website — WEBPAGE TAKEN DOWN FROM eBAY WEBSITE.
CPO 101 — unattributed article in the “Porsche Buyer’s Guide” of the 2018-2019 edition from Excellence magazine
In the Know About CPOs — article by Peter Bohr from Westways, the official magazine of the Southern California AAA Auto Club — WEBPAGE TAKEN DOWN FROM AAA AUTO CLUB WEBSITE.
Please share your COMMENTS with everyone by scrolling down to the “LEAVE A REPLY” space below at the very bottom of this page. Your input is highly valued by us and much appreciated!
