Quote:
Originally Posted by jhynesrockmtn
Yes, too bad you are not closer.
In looking at the CPO program, it seems like this one we are looking at should qualify, I've sent them a message asking why it doesn't have it.
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Obviously it costs the dealer to perform the inspection, do the work needed to make the car qualify, and pay Porsche for the CPO warranty. A Porsche dealer might be prohibited (at least if he follows the rules) from raising the price of the car to make it a CPO. So, can they include it for their asking price or not? Even if they did, you're only getting 2 years of coverage- then what? Instead of negotiating for 2 years of CPO, I'd suggest finding out what combination of discount you can get on the car and/or the Platinum service contract Porsche sells. Maybe it lists for $6,000 and you can get it for $4,000, as an example. Let's say you get 5 years and enough miles for $4,000- it's not money down the drain, as you'll probably recover a chunk of that in paid for claims. You probably won't get it all, but you easily could, and you might avoid a catastrophic repair bill. Your net cost of the service contract is what you pay for it minus what it pays for instead of you.
https://rennlist.com/forums/997-forum/884419-fidelity-platinum-extended-warranty-recent-prices-here-2.html
How long would you keep this car? Let's say it's only 3-4 years- have you considered the net cost of a lease vs buying, then selling? How would you pay for it if you bought it?