Notices
991 Turbo 2012-2019 Turbo and Turbo S
Sponsored by:
Sponsored by: Road Spy

Tire and Rim Insurance

Thread Tools
 
Search this Thread
 
Old 05-20-2014, 10:06 PM
  #1  
pasd18
Intermediate
Thread Starter
 
pasd18's Avatar
 
Join Date: Feb 2014
Location: NY
Posts: 44
Likes: 0
Received 0 Likes on 0 Posts
Default Tire and Rim Insurance

Picking up my car this week and dealer is recommending Tire and Rim Insurance for about $2,000. Any recommendations and is $2,000 a good price?
Old 05-20-2014, 11:05 PM
  #2  
jlee504
Rennlist Member
 
jlee504's Avatar
 
Join Date: Jun 2006
Location: Washington DC
Posts: 2,646
Received 397 Likes on 224 Posts
Default

Originally Posted by pasd18
Picking up my car this week and dealer is recommending Tire and Rim Insurance for about $2,000. Any recommendations and is $2,000 a good price?
I paid $900 for mine.
Old 05-20-2014, 11:48 PM
  #3  
uzj100
Burning Brakes
 
uzj100's Avatar
 
Join Date: Sep 2005
Posts: 1,082
Received 65 Likes on 39 Posts
Default

If you belong to a credit union and are financing, see if they can offer this.
Old 05-22-2014, 12:17 AM
  #4  
BoxsterG
Rennlist Member
 
BoxsterG's Avatar
 
Join Date: Jun 2006
Location: Texas
Posts: 511
Received 1 Like on 1 Post
Default

You can buy this from another dealer such as Toyota, Honda or Chevrolet. Find out what company your dealer uses and go online and find dealers in your area that sell it also. You will save lots of money doing it this way. It will be the same coverage for much less money. Then when you need to use it, take it to your dealer and they can enter it into your service for future reference.
I know someone who did this and they paid $550 and saved $1600 off the quoted price.
Just an option to consider.
Old 05-22-2014, 08:20 AM
  #5  
pasd18
Intermediate
Thread Starter
 
pasd18's Avatar
 
Join Date: Feb 2014
Location: NY
Posts: 44
Likes: 0
Received 0 Likes on 0 Posts
Default

Thanks for the advice I will defiantly do that. Eliminates the pressure at Delivery.
Old 05-23-2014, 04:34 AM
  #6  
bigdogtex
Intermediate
 
bigdogtex's Avatar
 
Join Date: May 2014
Location: Texas
Posts: 48
Likes: 0
Received 0 Likes on 0 Posts
Default

I used to buy this and it rarely seemed to pay off. So I stopped. Now on my wife's Cayenne - 2,900 on odometer - we have had to replace five tires and two wheels. Of those I think probably 2 tires would have been covered. But how is that for luck..... $2,000 seems high though.
Old 08-31-2014, 03:08 AM
  #7  
Congo123
AutoX
 
Congo123's Avatar
 
Join Date: Aug 2014
Location: New Orleans, LA
Posts: 14
Received 0 Likes on 0 Posts
Default

I was quoted $1500 from the dealership. I asked who the coverage was through and said no thanks. I ended up getting the coverage through a patient's honda dealership over the phone for $650. Same coverage through same company. My friend did the same and got his for $950 without knowing anyone at a toyota dealership.
Old 08-31-2014, 04:12 AM
  #8  
NYCone
Instructor
 
NYCone's Avatar
 
Join Date: Jul 2014
Posts: 112
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Congo123
I was quoted $1500 from the dealership. I asked who the coverage was through and said no thanks. I ended up getting the coverage through a patient's honda dealership over the phone for $650. Same coverage through same company. My friend did the same and got his for $950 without knowing anyone at a toyota dealership.
What company was the insurance through?
Old 08-31-2014, 09:41 AM
  #9  
TestnDoc
Rennlist Member
 
TestnDoc's Avatar
 
Join Date: Oct 2002
Location: USA
Posts: 595
Received 12 Likes on 5 Posts
Default

Way too high. I paid 1100 as I recall.
Old 08-31-2014, 10:14 AM
  #10  
wrs
Instructor
 
wrs's Avatar
 
Join Date: Jul 2014
Posts: 212
Likes: 0
Received 2 Likes on 2 Posts
Default

Yeah, that is too high. I paid $1100 for three years on my BMW and I have already had three tires replaced on the M5, all rears. I paid $1595 for a 5 year policy on my TTS, with the savings I was getting on my deal I was perfectly OK with this, it was the only additional thing I bought at the closing.
Old 08-31-2014, 10:35 AM
  #11  
docmalone
Racer
 
docmalone's Avatar
 
Join Date: Aug 2012
Location: Southlake, Texas
Posts: 332
Likes: 0
Received 22 Likes on 10 Posts
Default

I bought it as well, 1500, more for my piece of mind than anything. I bent 2 rims on a Jag XKR and know how valuable it is to have. I am hoping because I spent the money on it, I will never need to use it.
Old 08-31-2014, 10:44 AM
  #12  
Fred Flintstone
Advanced
 
Fred Flintstone's Avatar
 
Join Date: Jun 2014
Location: Denver - for now
Posts: 86
Likes: 0
Received 1 Like on 1 Post
Default

Good lord -- why is all this insurance needed? I've never had a flat (but, I don't drive much). But why are people ruining their wheels? What is happening out there that is wrecking a wheel such that it has to be replaced? I wasn't planning on getting this insurance -- but are TTS wheels/tires not reliable or what?

What is the replacement cost for a new wheel?
Old 08-31-2014, 11:36 AM
  #13  
ajag
Rennlist Member
 
ajag's Avatar
 
Join Date: Feb 2008
Location: Chicagoland
Posts: 874
Received 10 Likes on 5 Posts
Default

It's worth it, make sure it covers aftermarket wheels/tires as well. The price they are charging you is ridiculous, though, probably a 100% markup.
Old 08-31-2014, 12:29 PM
  #14  
docmalone
Racer
 
docmalone's Avatar
 
Join Date: Aug 2012
Location: Southlake, Texas
Posts: 332
Likes: 0
Received 22 Likes on 10 Posts
Default

I never had an issue on my P car rims, but the DFW metroplex is well known for potholes and other road surface issues. Even the most careful driver can hit a pothole.
Old 08-31-2014, 12:50 PM
  #15  
Congo123
AutoX
 
Congo123's Avatar
 
Join Date: Aug 2014
Location: New Orleans, LA
Posts: 14
Received 0 Likes on 0 Posts
Default

@NYCone - I think he said LDS tier 1 insurance. There were multiple tiers. I haven't picked the car up and with the holiday weekend haven't had the chance to go over there and pay for it.

@Fred Flintstone - I live in New Orleans. Got potholes? Damage to my first 911 in 2005 consisted of 1 bent wheel (insurance and that one wheel was a wash) and 6 tires, mostly rears. The tires were all sidewall nails during construction post hurricane Katrina.



Quick Reply: Tire and Rim Insurance



All times are GMT -3. The time now is 01:01 AM.