End of Warranty on my 981 Cayman
03-27-2018, 04:56 PM
#1
Instructor
Thread Starter
End of Warranty on my 981 Cayman
So, the warranty on my car ends in May of this year and I need to weigh my options. According to my dealer, my 4 year service will run around $1400 and if I want to extend the warranty two years its an additional $3500, with a reduced fee of $100 for the warranty inspection.
Now I'm looking at a one-time outlay of over [with taxes] $5000 to drive with some piece of mind, mindful that PDK and / or major engines issues will run 20 - 30 thousand! I've heard the counter arguments before - pocket the cost of warranty and bank it for future needs if problems arise but it still would never come anywhere close to covering catastrophic repair costs. Sure, I could afford those costs in the end, although it would certainly make the ownership experience seem like a huge money-pit...........lol, that kinda sums up Porsche ownership though, doesn't it?
How have others approached this stage of ownership? I know that most of this comes down to risk tolerance and such but I'd be interested in hearing some feedback from other forumers.
Cheers.
Now I'm looking at a one-time outlay of over [with taxes] $5000 to drive with some piece of mind, mindful that PDK and / or major engines issues will run 20 - 30 thousand! I've heard the counter arguments before - pocket the cost of warranty and bank it for future needs if problems arise but it still would never come anywhere close to covering catastrophic repair costs. Sure, I could afford those costs in the end, although it would certainly make the ownership experience seem like a huge money-pit...........lol, that kinda sums up Porsche ownership though, doesn't it?
How have others approached this stage of ownership? I know that most of this comes down to risk tolerance and such but I'd be interested in hearing some feedback from other forumers.
Cheers.
Last edited by jmh981; 03-27-2018 at 05:15 PM.
03-27-2018, 08:24 PM
#2
Addict
Rennlist Member
Rennlist Member
These are very solid and reliable cars.
Not many problems have been discussed on Rennlist for the 981.
If maintained well and not abused, then keep driving.
Avoid the extended warranty.
You will be fine.
Not many problems have been discussed on Rennlist for the 981.
If maintained well and not abused, then keep driving.
Avoid the extended warranty.
You will be fine.
03-27-2018, 09:11 PM
#3
^ I agree. You know your car. Don’t imagine problems that will likely never exist.
And if the Porsche does go belly up sell the roller and use the $5k to buy a beater Subaru. Life will go on.
And if the Porsche does go belly up sell the roller and use the $5k to buy a beater Subaru. Life will go on.
03-27-2018, 09:45 PM
#4
By coincidence the four year warranty on my 2014 Cayman S expires today. The Porsche dealer I bought it from offered me a free inspection last week to see if they could spot any issues prior to the warranty expiration. They didn't. They have never serviced the car as I do it myself. The only prior contact they have had with the car was to sell it to me and do an instrument cluster update about a year into my ownership. I have never had any issues in four years. Never added additional oil, nothing. I have done all the required maintenance in a timely fashion. I think it is very unlikely that a well maintained Porsche that is not abused would incur any expenses beyond the normal scheduled maintenance in the next two years. I think there would be a near zero likelihood a person would spend $5,000. Now it could happen, you could also get hit by falling space rubble, but probably not. I'm going with the odds. In the end you have to do what makes you the most comfortable and keeping more of my money does it for me. Good luck with the decision.
03-27-2018, 09:46 PM
#5
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Self insure. Take care of the car. Drive it like it was designed to be driven, high RPMs regularly, don't exceed redline. Don't overheat it. Don't run low on any oils anywhere. Enjoy.
03-27-2018, 10:06 PM
#6
Rennlist Member
Basically, warranty covers defects in parts and workmanship, not normal wear and tear. If a car has defect in parts and workmanship, a symptom would appear rather sooner than later. Unless the car has only been driven a few thousand miles in the past 4 years or something extreme like that, I wouldn't worry about it. If something was to go wrong, it would have gone wrong in the first 20-30K miles.
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03-29-2018, 01:59 AM
#10
Rennlist Member
Put me in the "don't buy the extended" warranty camp. I've recently had 2 issues that were covered under warranty (needed a new brake booster and had a leak at the clutch master cylinder), but nothing engine related. Don't expect any either. Currently at 11k miles.
For what it's worth, the 4-year service should be new plugs, oil & filter change, brake fluid flush, and new cabin and engine air filters.
For what it's worth, the 4-year service should be new plugs, oil & filter change, brake fluid flush, and new cabin and engine air filters.
03-30-2018, 02:33 AM
#11
Porsche Nut
Rennlist Member
Rennlist Member
So, the warranty on my car ends in May of this year and I need to weigh my options. According to my dealer, my 4 year service will run around $1400 and if I want to extend the warranty two years its an additional $3500, with a reduced fee of $100 for the warranty inspection.
Now I'm looking at a one-time outlay of over [with taxes] $5000 to drive with some piece of mind, mindful that PDK and / or major engines issues will run 20 - 30 thousand! I've heard the counter arguments before - pocket the cost of warranty and bank it for future needs if problems arise but it still would never come anywhere close to covering catastrophic repair costs. Sure, I could afford those costs in the end, although it would certainly make the ownership experience seem like a huge money-pit...........lol, that kinda sums up Porsche ownership though, doesn't it?
How have others approached this stage of ownership? I know that most of this comes down to risk tolerance and such but I'd be interested in hearing some feedback from other forumers.
Cheers.
Now I'm looking at a one-time outlay of over [with taxes] $5000 to drive with some piece of mind, mindful that PDK and / or major engines issues will run 20 - 30 thousand! I've heard the counter arguments before - pocket the cost of warranty and bank it for future needs if problems arise but it still would never come anywhere close to covering catastrophic repair costs. Sure, I could afford those costs in the end, although it would certainly make the ownership experience seem like a huge money-pit...........lol, that kinda sums up Porsche ownership though, doesn't it?
How have others approached this stage of ownership? I know that most of this comes down to risk tolerance and such but I'd be interested in hearing some feedback from other forumers.
Cheers.
03-30-2018, 03:10 AM
#12
And there are even exceptions. Porsche replaced a $$$$part$$$$ on my car a full year out of warranty because it was such a really odd thing. Granted, my dealer had a hand in it and I am very grateful. But it does seem like the Mothership listens and can act on specific issues if they deserve it. (I should add this was my 981 2014 Base Cayman. Not my current GT4)