Possible to add CPO after bought from private party?
#1
Possible to add CPO after bought from private party?
I am in the process of finding an 07+.
If I were to buy one from a private party, is it possible to take the car to dealer and pay to get it CPOed? Of course assuming everything checks out.
If I were to buy one from a private party, is it possible to take the car to dealer and pay to get it CPOed? Of course assuming everything checks out.
#2
No.
With my previous purchases, I have found that CPO status can only come from an sale through a Porsche approved dealership at the time of sale. If a car is sold to a commercial broker or non authorized dealership, the CPO status is rescinded. If a dealership "sells" you a CPO warranty, and a warranty claim climbs up the chain of command to PCNA, PCNA may void the warranty claim as they require registration of sale through a authorized dealership.
With my previous purchases, I have found that CPO status can only come from an sale through a Porsche approved dealership at the time of sale. If a car is sold to a commercial broker or non authorized dealership, the CPO status is rescinded. If a dealership "sells" you a CPO warranty, and a warranty claim climbs up the chain of command to PCNA, PCNA may void the warranty claim as they require registration of sale through a authorized dealership.
#4
No.
With my previous purchases, I have found that CPO status can only come from an sale through a Porsche approved dealership at the time of sale. If a car is sold to a commercial broker or non authorized dealership, the CPO status is rescinded. If a dealership "sells" you a CPO warranty, and a warranty claim climbs up the chain of command to PCNA, PCNA may void the warranty claim as they require registration of sale through a authorized dealership.
With my previous purchases, I have found that CPO status can only come from an sale through a Porsche approved dealership at the time of sale. If a car is sold to a commercial broker or non authorized dealership, the CPO status is rescinded. If a dealership "sells" you a CPO warranty, and a warranty claim climbs up the chain of command to PCNA, PCNA may void the warranty claim as they require registration of sale through a authorized dealership.
1) If the car has no CPO status a dealership can take it in trade and CPO it .
2) If a car has CPO status --it can be transferred via private sale but NOT from a dealership .
3) If a CPO car is traded into a dealership it loses all remaining CPO ability .
In the original posters case --if he buys a car private party he would have to sell it to a dealership and then buy it back . They would give him wholesale , then CPO it, and then sell it back to him retail . It would cost so much that it just isn't worth it .
#5
Yes you can and I've done it. The key is to make your deal with the seller and then make a deal with the Dealer to run the paper work and CPO the car. When I did it just over a year ago it was $299 to the dealer (their standard transaction / conveyance fee) + about $1850 for the CPO warranty extension and the inspections (nothing needed replacing). We used the dealer that sold the car to the seller - they had a good relationship.
Technically, you sign a contract with the dealer and give a deposit. The seller conveys the car to the dealer for your agreed amount. Dealer then sells to you.
Technically, you sign a contract with the dealer and give a deposit. The seller conveys the car to the dealer for your agreed amount. Dealer then sells to you.
#6
No, I just had my engine replaced by Porsche and I asked that very question. Only Porsches that are purchased from a Porsche dealership can CPO. Your best bet is to go to a 3rd party for an extended warranty.
#7
You guys that are saying "no" aren't understanding the real question. OP says he is shopping for a car and wants to buy one that's available from a private party. He thinks he has to buy it from him first. He doesn't, all he has to do is make the arrangement like I outlined. Many have posted in the past doing it just like I did.
Trending Topics
#8
This is what I thought .. please correct me if I am not correct -
1) If the car has no CPO status a dealership can take it in trade and CPO it .
2) If a car has CPO status --it can be transferred via private sale but NOT from a dealership .
3) If a CPO car is traded into a dealership it loses all remaining CPO ability .
In the original posters case --if he buys a car private party he would have to sell it to a dealership and then buy it back . They would give him wholesale , then CPO it, and then sell it back to him retail . It would cost so much that it just isn't worth it .
1) If the car has no CPO status a dealership can take it in trade and CPO it .
2) If a car has CPO status --it can be transferred via private sale but NOT from a dealership .
3) If a CPO car is traded into a dealership it loses all remaining CPO ability .
In the original posters case --if he buys a car private party he would have to sell it to a dealership and then buy it back . They would give him wholesale , then CPO it, and then sell it back to him retail . It would cost so much that it just isn't worth it .
- bob
#9
You guys that are saying "no" aren't understanding the real question. OP says he is shopping for a car and wants to buy one that's available from a private party. He thinks he has to buy it from him first. He doesn't, all he has to do is make the arrangement like I outlined. Many have posted in the past doing it just like I did.
![Mad](https://www.6speedonline.com/forums/images/smilies/mad.gif)
Last edited by bbywu; 01-04-2010 at 10:36 PM.
#10
I am the OP.
Wow...so many replies in such short time. This is a great forum. Thanks to everyone.
There is a 2008 C2S on autotrader for $60k (one owner etc). The car is still under original factory warranty. I am hoping dealer can CPO it for me either after I take title or arrange with seller, dealer & me (like RonCT). I pay seller for the car and pay dealer for PPI, $1800 or so for CPO and some small fee etc.
Possible?
Wow...so many replies in such short time. This is a great forum. Thanks to everyone.
There is a 2008 C2S on autotrader for $60k (one owner etc). The car is still under original factory warranty. I am hoping dealer can CPO it for me either after I take title or arrange with seller, dealer & me (like RonCT). I pay seller for the car and pay dealer for PPI, $1800 or so for CPO and some small fee etc.
Possible?
#11
I am the OP.
Wow...so many replies in such short time. This is a great forum. Thanks to everyone.
There is a 2008 C2S on autotrader for $60k (one owner etc). The car is still under original factory warranty. I am hoping dealer can CPO it for me either after I take title or arrange with seller, dealer & me (like RonCT). I pay seller for the car and pay dealer for PPI, $1800 or so for CPO and some small fee etc.
Possible?
Wow...so many replies in such short time. This is a great forum. Thanks to everyone.
There is a 2008 C2S on autotrader for $60k (one owner etc). The car is still under original factory warranty. I am hoping dealer can CPO it for me either after I take title or arrange with seller, dealer & me (like RonCT). I pay seller for the car and pay dealer for PPI, $1800 or so for CPO and some small fee etc.
Possible?
BUT ...
You are in LA . That's as a hot a sales region as it gets . Porsches are a dime a dozen. The overhead on a So Cal dealership is high . You are a first time buyer and if the seller is on auto trader he may have already checked what they would give him on that car.
In short the dynamics are different . Those differences present two very different predicted outcomes . It costs nothing to ask them though but don't be disappointed if they say no. That's my guess on it and I hope I;m wrong because I realize that you want the car . So .. I wish you the best of luck .
Maybe if you love that particular car .. the CPO might be worth passing up and take a few more bucks off the price with the seller along with a thorough inspection.
Last edited by yrralis1; 01-04-2010 at 11:57 PM.
#12
I even have to disagree with this. As far as PCNA is concerned, what I did is a legitimate arms-length transaction. Private party sold his car to the dealer, all paperwork went through, I bought from dealer after CPO was put on the car (and I paid $2150 more for it to cover). I even got PCNA approval (phone call to PCNA) of this before I did it to be sure. It would be helpful to know how your situation went and why they voided yours.
Unless you or the seller have a special relationship wiith a dealership, you may be out of luck. If PCNA discovers that the car was not purchased through the dealership offering the CPO, they will void the warranty. Just speaking from experience...I have been to that party and been royally screwed... ![Mad](https://www.6speedonline.com/forums/images/smilies/mad.gif)
![Mad](https://www.6speedonline.com/forums/images/smilies/mad.gif)
#13
I even have to disagree with this. As far as PCNA is concerned, what I did is a legitimate arms-length transaction. Private party sold his car to the dealer, all paperwork went through, I bought from dealer after CPO was put on the car (and I paid $2150 more for it to cover). I even got PCNA approval (phone call to PCNA) of this before I did it to be sure. It would be helpful to know how your situation went and why they voided yours.
I have seen other post this route sucessfully.posted by others. I guess it depends on how its handled.
Bob's posts give you pause for concern and suggests one contact PCNA for final verification.
#14
True that and I guess it depends on how you ask. If you say "I'm interested in buying a car that was just traded in to my local Porsche dealership and would like to buy it but only if it has CPO on it, can the dealer add it and then sell the car to me?" Then I have to believe PCNA will agree.
Thread
Thread Starter
Forum
Replies
Last Post
Lowtush
Automobiles For Sale
13
01-25-2022 10:48 AM