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.
Also refer to my article entitled Porsche Certified Pre-Owned (CPO) Program as a companion to these Top 10 CPO Tips.
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.
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 a blank form 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 dea, lership 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.
Related Posts to Assist You in Your Car Search:
- Porsche Certified Pre-Owned (CPO) Program
- Top 10 Tips on Buying a Porsche
- Buying a Sweet Porsche 914-6?
3. Study the existing new-car warranty
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:
- Porsche Auto Sales
- Porsche Cars Bought & Sold
- Porsche Classic Centers
- Porsche Classic Partners
- Porsche Dealers
- Porsche Premier Dealers
- Porsche Pre-Purchase Inspection (PPI)
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.
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.
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 haggle with you Porsche Certified Sales Consultant in order to get the best price possible. You need to do this 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.”)
Once again, I welcome you to share with everyone your best CPO tips, suggestions, and experiences in the Comments below. . .
Selective Suggested Reading for Further Porsche CPO Study
Buying a CPO Porsche – Tricky Warrantee — “horror story” by laphroaig99 posted on the eBay.com website
CPO or No? — unattributed article in the “Porsche Buyer’s Guide” of the 2015-2016 edition from Excellence magazine
CPO Program Review: Porsche — article by on the Autotrader.com website
In the Know About CPOs — article by Peter Bohr from Westways, the official magazine of the Southern California AAA Auto Club
Porsche Approved Certified Pre-Owned Program — Porsche Cars North America’s official webpages on its Porsche Approved CPO Program
Porsche Certified Pre-Owned (CPO) Program — article by Larry the Porsche Guy on StuttgartDNA.com
Pros and Cons of Certified Pre-Owned Cars — article by Jim Mateja on the cars.com website
Top 10 Tips on Buying a Porsche — article by Larry the Porsche Guy on StuttgartDNA.com