991.1 TTS reliability (warranty related question)
06-10-2018, 07:04 PM
#32
Burning Brakes
Thread Starter
06-11-2018, 12:26 AM
#33
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No sarcasm here. I really do appreciate this thread. Furthermore, I anticipate some big bills coming my way until our community develops workarounds (e.g. hacks, reverse-engineering, etc.) for the PIWIS requirements for many service tasks.
For me though, given the size of the 'family fleet', I think it makes sense to self-insure with the hope that I won't face too many 10k bills for work that requires the PIWIS before the workarounds surface.
For me though, given the size of the 'family fleet', I think it makes sense to self-insure with the hope that I won't face too many 10k bills for work that requires the PIWIS before the workarounds surface.
02-15-2019, 10:20 PM
#34
Racer
I am on my 4th 911 and before that had BMWs etc. I drive my vehicles and I tend to keep them beyond original factory warranties. So I have quite a bit of experience with 3-rd party aftermarket extended warranties. Some better some worse. Couple of them did not want to pay for anything no matter what was stated on their policies. It required multiple tries for service depts and escalations to their executive management to have them approve a repair and often times only partially. Then the coverage...e.g., if your water pump leaks, but still works they not paying as they claim the pump being "operational" etc. Quite frustrating in my experience. BTW no two coverages are the same. It is mostly about how they read and interpret the statements on your policy. You need to be careful.
Two insurance companies I dealt with in the past filed chapter 11 and went busted during my contracts. In one case it took me 5 years to get the money they owed me in small installments. Luckily I got it. In the other case I never got anything back. Since then I decided against purchasing any extended warranties. Even from Fidelity although from what I read on the web it is perhaps a better one.
So when I was purchasing my TTS and the Finance manager at the dealer told me that there is a "Porsche" Porsche Service Protection plan I was willing to listen only because it was presented as a Porsche covered. Later I did the homework and posted results of what I've learned over here. The fact that they misrepresented what this policy is exactly (although they disagree they ever misrepresented anything and claim it is Porsche Financial Services one, no matter it is underwritten by Safeguard) helped me to renegotiate the price $2,500 down to what they told me is below a price set on this 10y/100K Porsche Service Protection plan by Porsche Financial. Take it FWIW.
I am still not sure I am going to keep it. The reason I am leaning towards keeping it now is that Porsche dealership's service department managers I spoke with told me that for them Porsche Service Protection Plan (i.e., as we know Safeguard underwritten warranty) is the one with which they do not need to get a lengthy approvals from underwriters as it works as easy as Porsche CPO. This may or may not be true or enough of a reason to pay more for it.
And yes, different dealers pushing different extended warranties and this is sure driven by their margins.
I am not selling anything here and not doing this to tell people and myself (like you stated) that I have a Porsche branded warranty with a Porsche booklet. I am just trying to be helpful. If I knew what I know now back on my purchase day, it would've helped me making my decision.
You decide for yourself.
Two insurance companies I dealt with in the past filed chapter 11 and went busted during my contracts. In one case it took me 5 years to get the money they owed me in small installments. Luckily I got it. In the other case I never got anything back. Since then I decided against purchasing any extended warranties. Even from Fidelity although from what I read on the web it is perhaps a better one.
So when I was purchasing my TTS and the Finance manager at the dealer told me that there is a "Porsche" Porsche Service Protection plan I was willing to listen only because it was presented as a Porsche covered. Later I did the homework and posted results of what I've learned over here. The fact that they misrepresented what this policy is exactly (although they disagree they ever misrepresented anything and claim it is Porsche Financial Services one, no matter it is underwritten by Safeguard) helped me to renegotiate the price $2,500 down to what they told me is below a price set on this 10y/100K Porsche Service Protection plan by Porsche Financial. Take it FWIW.
I am still not sure I am going to keep it. The reason I am leaning towards keeping it now is that Porsche dealership's service department managers I spoke with told me that for them Porsche Service Protection Plan (i.e., as we know Safeguard underwritten warranty) is the one with which they do not need to get a lengthy approvals from underwriters as it works as easy as Porsche CPO. This may or may not be true or enough of a reason to pay more for it.
And yes, different dealers pushing different extended warranties and this is sure driven by their margins.
I am not selling anything here and not doing this to tell people and myself (like you stated) that I have a Porsche branded warranty with a Porsche booklet. I am just trying to be helpful. If I knew what I know now back on my purchase day, it would've helped me making my decision.
You decide for yourself.
Since my factory warrantee is good for the next 4 years or 50k miles, I have a bit of time to think about it, but since I plan to keep the car I will purchase an extended warrantee at some point in the future.
02-16-2019, 12:04 AM
#36
Instructor
Great thread. To add a possible data point, I'm at 30k miles with my 2014 (of which 20k miles are mine) and the only repair under warranty so far is replacing the cupholder magnet. I have noticed the parking sensors malfunctioning a few times but no other issues so far.
My CPO warranty runs out next year and I haven't made any decisions yet re extended third party warranty.
My CPO warranty runs out next year and I haven't made any decisions yet re extended third party warranty.
02-16-2019, 12:08 AM
#37
Burning Brakes
Thread Starter
02-16-2019, 04:31 PM
#39
Burning Brakes
Thread Starter
OK, thanks. From what I read Fidelity might be indeed the best choice. Like I said, from my past experience, I do not trust any of them and would be hesitant to buy one. Having said this I decided to keep that Porsche Service Protection plan. I will post on how well it works, if I ever use it.
03-07-2019, 06:08 PM
#40
Rennlist Member
I have a 2015 TT with 10K miles. My warranty runs out in Nov2019. I just received these quotes from my local dealer for the Porsche Vehicle Service Contract administered by Safeguard.
Are the costs reasonable?
Here are 2 terms. Each have a $100 disappearing deductible and both expire at 60,000 miles on the car.
84 months is $5213.00 (3 additional years)
72 months is $4957.00 (2 additional years)
84 months is $5213.00 (3 additional years)
72 months is $4957.00 (2 additional years)
Are the costs reasonable?
03-08-2019, 11:49 AM
#41
Burning Brakes
I bought my car at the end of the lease period. I was going to try the CPO route but it was easier and cheaper to buy a Fidelity extended warranty. The car has been very reliable, but I did suffer an engine fan failure. It was covered subject to a $250 deductible. Apart from failed gas struts for the engine cover, that was the only non-routine repair (and the only one affecting drivability) in over four years of daily driving.
03-08-2019, 12:20 PM
#42
Rennlist Member
I bought my car at the end of the lease period. I was going to try the CPO route but it was easier and cheaper to buy a Fidelity extended warranty. The car has been very reliable, but I did suffer an engine fan failure. It was covered subject to a $250 deductible. Apart from failed gas struts for the engine cover, that was the only non-routine repair (and the only one affecting drivability) in over four years of daily driving.
what did you pay for the Fidelity extended warranty?
03-11-2019, 03:41 AM
#43
Burning Brakes
03-11-2019, 10:54 AM
#44
Rennlist Member
03-11-2019, 12:42 PM
#45
Rennlist Member
thanks