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Old 03-01-15, 09:12 AM   #1
gvc
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Default Buying A CPO Panamera Needs your Advice

Hello everyone, I'm currently in the process of buying a Panamera and I'm quite overwhelmed on the many choices dealers have given me, I've narrowed it down to the following :

A. 2013 Panamera 4 Platinum edition, fully loaded, 300 HP V6 less than 10,000 mileage but not CPO.
B. 2012 Panamera 4S , fully loaded 400HP V8 less than 25,000 mileage CPO.

Both A and B are priced the same.

C. CPO 2012 Panamera 4, premium, 300HP V6 less than 25,000 mileage and significantly lower priced than A and B.

Which of those you think is worth buying, I will use it as my daily together with my GS.
Thanks in advance.
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Old 03-01-15, 09:27 AM   #2
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Without actually seeing the physical condition of these three cars, it's hard to make a blanket statement or a hard choice. But, in general, CPOs are safer buys as used cars than non-CPOs. I'd probably go with C.....A lot of people, IMO, place too much emphasis on power.
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Old 03-01-15, 09:33 AM   #3
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I would go with C. B would be my second choice.
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Old 03-01-15, 09:35 AM   #4
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All the cars are in excellent condition, the only thing holding me back on C is the mileage and it's not as loaded as A and B, though price is quite attractive.
C is missing ventilated seat on the rear and the ability to lower the car with a touch of a button... But then , I don't need those..... and its significantly lower in price...It's really giving me headache.

Last edited by gvc; 03-01-15 at 09:45 AM.
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Old 03-01-15, 09:36 AM   #5
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I agree completely with the above.

I would make sure you can see maintenance records, and look at oil change intervals. German cars are notorious for having extended maintenance intervals to keep costs down for the OEM who is eating maintenance costs.

The longer you run oil, the less able it is to lubricate, thus increasing friction and thus additional heat. The additional heat on the "environmentally friendly" rubbers inside the motor causes all kinds of maintenance havoc further down the line.

I would avoid the 10k car that is non-CPO like the bubonic plague. There is a reason a car with milage that low didn't make the CPO cut.

I vote C as well.
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Old 03-01-15, 12:09 PM   #6
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Quote:
Originally Posted by ggg05a View Post
I would avoid the 10k car that is non-CPO like the bubonic plague. There is a reason a car with milage that low didn't make the CPO cut.
Not necessarily. I don't know how Porsche's CPO program works, but you see low mileage used Lexuses all the time that aren't CPO. The CPO Warranty runs concurrently with the original warranty, so if you're a year in and 10k miles, you have 3 years and 40k miles left on the original warranty, meaning that the 3 year CPO warranty will likely run out before it becomes of value...making the cost of certifying it a waste.
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Old 03-01-15, 03:21 PM   #7
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I like the bigger motor
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Old 03-01-15, 03:23 PM   #8
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B...............
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Old 03-01-15, 03:31 PM   #9
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Don't see a point in buying a Panamera without a V8.
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Old 03-01-15, 03:50 PM   #10
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Quote:
Originally Posted by gvc View Post
C. CPO 2012 Panamera 4, premium, 300HP V6 less than 25,000 mileage and significantly lower priced than A and B.
How much lower? I would probably opt for B, however, that may depend on how much less C is and if you could live with less power...
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Old 03-01-15, 10:52 PM   #11
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Update, another dealer offered me a CPO 13 Panamera Platinum Edition fully loaded V6 with less than 18,000 mileage in Mahogany and two tone interior, I'm leaning towards getting this, since it's CPO and it's newer (2013) with less mileage as opposed to the V8 which is a 2012 and a bit higher mileage at 24,000.
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Old 03-02-15, 04:15 AM   #12
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The '13 platinum V6 probably is your best bet, but just make sure you won't get buyers remorse and want that V8. I know I would lol.
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Old 03-02-15, 06:19 AM   #13
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Also, I don't know how long you plan to keep it, but a Porsche out of warranty can be a real money pit. Even routine service can cost quite a bit. That's not not say that every Porsche will need major work the day after the warranty expires (it is actually considered one of the more reliable German brands). But if major work IS needed after the warranty is gone, it can empty one's wallet in a hurry.
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Old 03-02-15, 10:11 AM   #14
gvc
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This process is really stressful, really have a major headache right now.
Anyway I'm planning to keep the car for 4 years at least and that's why I figure the 13 Panny is the best bet, compared to the 12 4S since i13 is newer and its mileage is than the 4S , although the 4S is cheaper by $ 2,000.
Am I making a mistake here ?
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Old 03-02-15, 10:20 AM   #15
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So buy a new P4 with a few less options, so you have less stress........
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