Good Week @ 996Outpost.com

[FRUNKenstein]

As designated apple peeler, I decided that cranking the peeler manually is stupid...

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A couple of thoughts immediately come to mind:

- Don’t Google the phrase “cranking the apple peeler;”

- Raby could totally improve the performance on that thing

[FRUNKenstein]

Speaking of my esteemed San Diego brethren, I am currently sitting at the San Diego Region PCA concours. Gorgeous backdrop for the event. Typically beautiful San Diego weather. A lot of very nice cars, and a few spectacular ones. Even in the parking lot. I was hoping they would be selling SDRPCA t-shirts, but there were none. Too bad (at least for me) that I missed you guys!

[JayG]

Speaking of my esteemed San Diego brethren, I am currently sitting at the San Diego Region PCA concours. Gorgeous backdrop for the event. Typically beautiful San Diego weather. A lot of very nice cars, and a few spectacular ones. Even in the parking lot. I was hoping they would be selling SDRPCA t-shirts, but there were none. Too bad (at least for me) that I missed you guys!


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If you want to take a nice drive over the hill to Palm Springs, Ill meet you for a burger and beer

[Cuda911]

Jay, I'll let you know Friday when I head out to the track. Should be in your area late afternoon if I can get my butt out the door early enough.

[FRUNKenstein]

What do you guys think about a theft recovery Macan?

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I know, I know - "Just say no." But, hear me out:
2018 Macan Turbo with Performance Package (a unicorn)
60k miles
4.6/5.0 on condition report (very good condition)
It was leased new in LA in November 2017. Stolen and recovered immediately in April 2018.
Carfax says "-Inspected for Damage" & "-Little or No Damage Reported" (see snippet from Carfax below):

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It had a damage inspection done in September of 2020, and it showed minor repairs to several spots, but nothing major. I was able to download the detailed inspection report and a "True 360 Certificate of Integrity" stating it has only had minor cosmetic repairs. After that report, it was sold by Porsche Downtown LA as a Porsche CPO vehicle. Here's the Carfax on that:

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So, how hard do you think it will be to sell? How much of a hit to the normal value due to the theft recovery?

[32wildbilly]

RUN AWAY!!!

[FRUNKenstein]

RUN AWAY!!!

Yeah, that was my first inclination. But, a Porsche dealer sold it Porsche Certified Pre-owned after the theft recovery. I was a bit surprised to see that because I have heard that something as minor as having a non-Porsche (Sekurit) brand windshield was enough to prevent a car from being sold Porsche CPO. So, a theft recovery would definitely seem to be a disqualifier.

The guys that I know that are the "Porsche CPO Buyer" type are incredibly picky. In other words, they wouldn't dream of buying a used Porsche unless is was a CPO car from a Porsche dealer. Personally, I think that's too cautious of an approach, yet the thought of buying a theft recovery car seems risky even by my standards. So, finding out that a Porsche CPO has a theft recovery history doesn't jive in my mind.

Now, that being said, the Carfax says it suffered little or no damage from the theft incident. And, they came back 2 years later and did an in-depth inspection for previous damage that showed only minor cosmetic repairs having been done. So, hell, I don't know. Frankly, the only reason I'm considering it is that it is a Performance Package model (extremely rare) that I might be able to get at a bargain price because of the theft recovery history. And it does appear to be in great condition. And the Porsche CPO status after the theft recovery lessens the impact of the theft recovery, as does the passage of time (it was 5+ years ago). If I have to pay near market price for it, then I'll pass. If it scares everyone else away so that I can get it very reasonably, then I'll be a player.

[32wildbilly]

RUN AWAY!!!

Yeah, that was my first inclination. But, a Porsche dealer sold it Porsche Certified Pre-owned after the theft recovery. I was a bit surprised to see that because I have heard that something as minor as having a non-Porsche (Sekurit) brand windshield was enough to prevent a car from being sold Porsche CPO. So, a theft recovery would definitely seem to be a disqualifier.

The guys that I know that are the "Porsche CPO Buyer" type are incredibly picky. In other words, they wouldn't dream of buying a used Porsche unless is was a CPO car from a Porsche dealer. Personally, I think that's too cautious of an approach, yet the thought of buying a theft recovery car seems risky even by my standards. So, finding out that a Porsche CPO has a theft recovery history doesn't jive in my mind.

Now, that being said, the Carfax says it suffered little or no damage from the theft incident. And, they came back 2 years later and did an in-depth inspection for previous damage that showed only minor cosmetic repairs having been done. So, hell, I don't know. Frankly, the only reason I'm considering it is that it is a Performance Package model (extremely rare) that I might be able to get at a bargain price because of the theft recovery history. And it does appear to be in great condition. And the Porsche CPO status after the theft recovery lessens the impact of the theft recovery, as does the passage of time (it was 5+ years ago). If I have to pay near market price for it, then I'll pass. If it scares everyone else away so that I can get it very reasonably, then I'll be a player.

I am not familiar with the CPO inspection deal, but our 2019 Volvo had gone through the Volvo equivalent which included a two year factory warranty extension beyond the still in effect warranty. Before I bought the car I asked to review the check list of this inspection. The vast majority of the inspection items were laughable. I bought due to my assessment of condition plus the warranty extension, but put little value on the Volvo Certification. You know a crap ton more about all this than I do so...carry-on.

[Dr_Strangelove]

Dunno if I'm late to this party but I have a big question which is what is the price. I scanned your post a few times to just see if it was buried somewhere but I only see you mention "if I have to pay market price I'll pass" - in which case I agree with you.

If you get even $5,000 - 7,000 off then heck yeah man all day go for it. If it was sold CPO then it should have keys and all that jazz that match. It was a theft recovery so even if it was joyridden a little bit - it wasn't wrecked and probably not driven much harder than the original owner drove it

What do you guys think about a theft recovery Macan?

[FRUNKenstein]

I am not familiar with the CPO inspection deal, but our 2019 Volvo had gone through the Volvo equivalent which included a two year factory warranty extension beyond the still in effect warranty. Before I bought the car I asked to review the check list of this inspection. The vast majority of the inspection items were laughable. I bought due to my assessment of condition plus the warranty extension, but put little value on the Volvo Certification. You know a crap ton more about all this than I do so...carry-on.

Actually, most of what I know about Porsche CPO is what I've heard from other guys in the local PCA, and then a little bit of research I've done recently. The stuff I've heard from the other PCA guys may not be 100% accurate. For example, the comment about the Sekurit glass. The 2017 Macan Turbo that I have now was just CPO'd in spring 2022, yet I noticed it doesn't have a Sekurit windshield. Plus, online research says that a car with a previous accident history can be Porsche CPO'd if it has had repairs to 4 or fewer body panels. So the Porsche CPO fanboys may think that the standard for Porsche CPO are higher than what they really are.

One bummer that I verified is that the Porsche CPO warranty will transfer to a subsequent purchaser if the vehicle was sold either by the current owner in a private sale or if sold through a Porsche dealer. But, if some non-Porsche dealer schmuck like me is the seller, then the CPO warranty doesn't transfer.

I get your point that the dealer's inspection part of a CPO purchase wasn't that important to you - it's the warranty. If they missed something on the inspection, you really don't care because you've got a warranty that covers anything they missed. Same goes for this theft recovery car - if there were problems with it when it was sold, the buyer just needed to make a claim under the warranty. But, for me when I sell it, I won't have that assurance to offer a buyer.

My explanation to a potential buyer would be: "The car was stolen and recovered after little to no damage 5 1/2 years ago. It was inspected by a third party in 2020 and that inspection showed only minor cosmetic repairs had been done. I've got a copy of that inspection to provide to you, along with a 'Certificate of Integrity' (for whatever that's worth). It's had only Porsche service its entire life. And lastly, Porsche thought the car was of high enough quality that it was sold as a Certified Pre-owned car in 2022."

I don't know if that's good enough to quell any concerns or not. I suppose that and a low enough price would do the trick. I typically sell my cars at about $1,000 over wholesale, so people are usually very happy with the price once their bank looks up the value to see what they'll loan on it.