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YOUR RESEARCHCPO'ed from a private seller??
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The CPO warranty is transferable during a private party sale but I believe some paper work has to be filled out to let Porsche know the car changed hands.
Leading evidence: 'Replace hands' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Replace hands' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.
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Suggestion
When I bought my car, I went to the dealer and had them run the VIN to confirm the CPO.
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Suggestion
Also, there was no dealer salesman involved, this was a private party purchase, and I was using the closest dealer to do a PPI.
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Suggestion
Private Party is buying another car from the Porsche dealer and has a good relationship with them and the dealer allows them to use the dealer as a "pass-thru" when selling to you so that they can CPO it for you for an aditional fee paid to the dealer.
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Replace hands
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The CPO warranty is transferable during a private party sale but I believe some paper work has to be filled out to let Porsche know the car changed hands.
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Suggestion
Private Party is buying another car from the Porsche dealer and has a good relationship with them and the dealer allows them to use the dealer as a "pass-thru" when selling to you so that they can CPO it for you for an aditional fee paid to the dealer.
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Hi guys,
From my understanding, you can only buy a CPO'ed car from the dealers, but not from a private seller. A guy is selling his p-car that's been Porsche approved certified pre-owned. How does that work? The only possiblity that i can think of is he's not the original owner! Please correct me if I'm wrong. Thx...
The CPO warranty is transferable during a private party sale but I believe some paper work has to be filled out to let Porsche know the car changed hands.
Agree, the CPO is transferable from a private party sale. You essentially get the remainder of the prior owners CPO, and not a new CPO warranty. I bought my CPOed car from a private party and checked this out with the dealer. I did not have to pay a transfer fee, but then again I haven't had any warranty work done (just regular service).
So does that mean the seller is not the ORIGINAL owner of the car, and the car was obtained thru a dealership that had CPO'ed the car in the first place before he purchased it? I'm a bit confused...
I think you're confused...unless I am.....but to me, unless I misunderstood you, the guy is not the original owner ...he just bought a used vehicle from a dealership and had a CPO warranty as part of his deal, and is now offering to transfer the remainder of the CPO warranty to you. You usually pay a nominal fee and have it transferred and enjoy the security of the balance of the warranty.
CPO transfers with private party sale. No fee. If the car you're considering is being sold by original owner, perhaps he bought extended warranty and he is calling it CPO? If he's the second owner, it would make sense thatthe car is CPO and he probably bought from dealer. There are also "executive cars" that have never been titled but are sold with low miles and CPO.
Only 2 ways to get a CPO'd car:
1. Certified by a Porsche dealer when YOU buy it from them pre-owned.
2a. Private Party sale will automatically transfer the balance of the CPO as if you were the previous owner. There is NO transfer fee. You just call Porsch and let them know your info.
2b. Private Party is buying another car from the Porsche dealer and has a good relationship with them and the dealer allows them to use the dealer as a "pass-thru" when selling to you so that they can CPO it for you for an aditional fee paid to the dealer. Also, that allows the seller to get trade-in credit toward the sales price in states that do that.
If a car is purchased in situation 1 or 2a, then the car has had AT LEAST one prior owner before the person selling you the car.
You can easily verify the status of the car. Just get the VIN and have a Porsche dealer run it for you. If certified, it will pop up and they can tell you how far out the certification goes.
There is a little card in the back of the CPO book that you can tear out, fill in the new owner's name & address and send it to Porsch
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Just make sure that there is, in fact, the CPO warranty. I've seen lots of people and dealers advertise their cars as CPO when if fact, it was aftermarket or a dealer "warrany" and other such crap. When I bought my car, I went to the dealer and had them run the VIN to confirm the CPO. In my case, we discovered that the salesman had screwed up and never submitted the paperwork (for the guy that I was buying it from) so I had the seller get all of that stuff straight before I bought the car.
Michael
Michael is 100% spot on! Make sure that it is in fact a PORSCHE CPO and is in effect by calling Porsche customer support and/or a dealer to run the VIN. I have seen several posts over the years where people got duped and thought they had the CPO only to find out they didn't have the CPO when they took it in for service. Even worse there have been guys here on the board that were told they had a CPO'd car when they bought it from the dealer only to find out that the dealer didn't file the paperwork and PAY the fee for the CPO.
Verify Verify Verify.
Since the CPO warranty adds 2 years to the original 4 year warranty, if you know the original in-service date, add 6 years and that is when the CPO warranty will expire.
God I wish. My car was purchased in late April 2003, and was advertised as under warranty when I bought it on March 1. When the PPI came back, however, it was pointed out by the dealer doing the PPI that the warranty began when the car was put in service in January 2003 (probably as a demo, or a sale that fell thru). The first owner had signed a waiver for the January warranty start, and the second owner claimed to be ignorant of this fact.
Because of that, on March 13 when my car blew it's RMS, I got to pay for it myself. heh.
How can a car be put "IN SERVICE" when it hasn't been bought off the lot? Am I missing something?
ps. sorry about the trouble that you had to go through, especially when the car was only bought less than 2 wks ago...
see response below....
So, then you bought a used car and were the second or third owner of a previously TITLED car and did NO RESEARCH into the in-service date????? Regardless, the 4yr/50K warranty ALWAYS starts on the in-service date (ie, the date it is first purchased for title). After that, the CPO is either 2yr/100K total miles at the conclusion of the 4/50 if you are still under the factory warranty and just a straight 2yr/100K total mile from the date YOU purchase it if the original warranty is already expired.
FYI.....you can look at ANY paperwork from the service department for the car and it specifically states the in-service date (hopefully you had some history on the car to look at prior to purchase). And.....there is NO WAY for an in-service date to start BEFORE the car is purchased and there is NO WARRANTY WAIVER the customer can sign to waive that. Sorry you had to pay for a RMS but sounds like you didn't do your due dilligence and just took the word of a car saleman.
Dang 'nabit! I am sensing a really bad pattern here. Are you guys trying to tell me that some car salesmen may not tell me the truth, or mislead me, or shade the facts, just to sell me a car??!?!?!?!?!
Holy crap!
Next thing I know, you're going to tell me that my 996 doesn't even have a real V12 in it! I paid extra for the "Viper power" option, a lot extra! And don't even get me started on the paint protection warranty or the special leather treatment that I'm still paying off.
My friends told me the same thing - not to trust my salesman. But I said, hey, anyone that has the styling sense to wear white shoes wouldn't lie to me.
Michael
Wow, the last thing I want to do is argue with Dell, I've seen what happens to those that do that...
But...
The in-service date on the car in Porsche's records is early January, 2003. The first owner purchased the car on April 23, 2003. There is a signed document I have personally seen attesting to the in-service date being different than the purchase date, and the original owner agreeing to that. I didn't press too hard as to why, but the explanation I was given was that it was used as a demo.
Also, there was no dealer salesman involved, this was a private party purchase, and I was using the closest dealer to do a PPI. Since that is also where the car was purchased originally, I was able to see original paperwork on the deal. I also pulled Carfax on it prior to going to see it.
Regardless of WHY it is, I did understand the situation before I pulled the trigger on the deal. I knew full well I was flying without a net, and was researching a 3rd party warranty. Unfortunately, I had a significant (but not the end of the world) event before I got the warranty in place. I have one now, so all is good for any future trouble.
Irky....what I was trying to explain (not just to you but the others curious about CPO, in-service, etc) is exactly how the in-service date works. Some of y'all really act like a bunch of scared babies when somebody tells you what the right thing is or what you did wrong. Nobody said, you screwed up, nobody said you were an idiot for not checking into it. Nobody said they wanted to argue with you. Why is the skin so thin in this forum now?
Listen, the car has to be sold to start the in-service date. Demo cars are used cars and owned by the dealer as a first owner car not a high mileage new car. That's why the in-service date started ahead of time. Just trying to give you the facts. Relax.
ps. just be glad it was only a RMS. Those are less than 1K and more of a rite of passage in 996 ownership. However, they should have good-willed that IMHO since it was such a confusing mess regarding the in-service date. Happy Motoring.
We love ya dearly Dell.... just remember that some (one might even say the average person) find your honesty a touch, well... honest on occasion. Keep it up.
Thought you'd gotten used to it by now?
So true Dave.I don't know what I was thinking being honest with people instead of sugar coating it
I think of myself as the Dr. Phil of the 996 board. I'll look out for ya. I'll want the best for ya. I'll get ya the best answer. and of course.....I'll make sure it is given in a tough love format