Notices
991 2012-2019
Sponsored by:
Sponsored by:

Porsche Extended Warranty - Price Negotiation?

Thread Tools
 
Search this Thread
 
Old 04-28-2017, 05:08 PM
  #1  
kayjh
Drifting
Thread Starter
 
kayjh's Avatar
 
Join Date: Jul 2007
Location: Canada
Posts: 2,580
Received 682 Likes on 476 Posts
Default Porsche Extended Warranty - Price Negotiation?

Has anyone taken the Porsche 2 year unlimited mileage extended warranty on a new car? Were you able to get the dealer to drop the cost (In Canada its $5,000) and if so, how much were you able to save off the "retail" price?

I'm considering this and as the dealer was very tight on discount, I realize now that I should have used the deal/no deal position I had to negotiate a discount on this "extra".

I don't want it for $5,000 but I'd take it for $2,500 - $3,000.
Old 04-29-2017, 03:47 AM
  #2  
JawJuh
Advanced
 
JawJuh's Avatar
 
Join Date: Mar 2017
Location: Georgia
Posts: 91
Likes: 0
Received 0 Likes on 0 Posts
Default

Do you get reputed third-party warranties like Fidelity in Canada? They are giving 4 years for the same price as Porsche 2 years.
Old 04-29-2017, 08:09 AM
  #3  
kayjh
Drifting
Thread Starter
 
kayjh's Avatar
 
Join Date: Jul 2007
Location: Canada
Posts: 2,580
Received 682 Likes on 476 Posts
Default

Originally Posted by JawJuh
Do you get reputed third-party warranties like Fidelity in Canada? They are giving 4 years for the same price as Porsche 2 years.
I'm not sure. I guess I could check, but I think an additional 2 years is all I need. I think this is a 2 year car with a change to a different model when the 992 is released in a couple of years. I think I'd get the $2,500 back in improved resale value but, not $5,000 regardless of the number of years of extra warranty.
Old 04-29-2017, 10:42 AM
  #4  
trucheli
Pro
 
trucheli's Avatar
 
Join Date: May 2012
Location: Miami, FL
Posts: 613
Received 22 Likes on 15 Posts
Default

In the State of Florida Extended Warranty prices are fixed. My 991.1 2015 GTS has 10,000 miles. I was quoted the following on the Platinum Plan.

84 Months 100,000 miles $100 Dissapearing Deductible Retail Cost $6607

Dissapearing Deductible means that if you bring the car to the dealer there is no deductible.

I am planning on keeping the car forever. Do you guys think is worth the investment for someone who drives 7000 miles per year and does not track the car?
Old 04-29-2017, 11:40 AM
  #5  
bmedude
Rennlist Member
 
bmedude's Avatar
 
Join Date: Oct 2015
Posts: 424
Received 106 Likes on 37 Posts
Default

I wouldn'tget that warranty.
Old 04-30-2017, 12:42 PM
  #6  
JawJuh
Advanced
 
JawJuh's Avatar
 
Join Date: Mar 2017
Location: Georgia
Posts: 91
Likes: 0
Received 0 Likes on 0 Posts
Default

I was quoted 96 months (8 years) 80K miles for $4,900 for Fidelity Platinum extended warranty.

I am not interested in the usual dealer junk, but for the record this is what I was offered:
- Porsche Pre-paid maintenance 4 years for $3,600
- Wheel and tire insurance for $800 for 4 years (Free replacement tire if you get a flat, wheel scratch reapirs)
- Some paint protection plan for $750 for 4 years (They just spray chemicals inside and outside the car, and repair small dings / interior spills)
- Overpriced dealer PPF install at $2,300 (just go to local installers who charge $700 to $1400)


Does anyone have experience with these add-ons? The only thing I would consider getting is the Porsche prepaid maintenance but it seems to be same price as paying for 4 services individually.

Last edited by JawJuh; 04-30-2017 at 12:44 PM. Reason: PS
Old 04-30-2017, 04:22 PM
  #7  
quattroboy
Rennlist Member
 
quattroboy's Avatar
 
Join Date: Dec 2016
Location: Vancouver, BC
Posts: 194
Received 60 Likes on 25 Posts
Default

I will be in the same position shortly as mine is a June delivery. I'm not sure about the 2 year warranty for $5K and I still need to go into the dealer to do the final paperwork and "meet the business manager". This part I'm dreading as I know it can be high pressure sales tactics. How was your experience?

Also, do you have your car now?
Old 04-30-2017, 04:31 PM
  #8  
CSK 911 C4S
Rennlist Member
 
CSK 911 C4S's Avatar
 
Join Date: Jun 2014
Location: Dickson, TN
Posts: 3,740
Received 802 Likes on 400 Posts
Default

Most on here never keep their cars past the 4 year/50K warranty so paying for an extended warranty when you 1st buy the car is ridiculous.

Drive it for a year or 2 then decide..... the extended warranty price does not seem to differ.


I bought my 13 C4S in 14 CPO'ed with 2700 miles on the clock...... currently at 61K with zero warranty issues...... still have 39K of warranty left.
Old 04-30-2017, 04:31 PM
  #9  
4pipes
Rennlist Member
 
4pipes's Avatar
 
Join Date: Sep 2016
Location: SF Bay Area
Posts: 581
Received 29 Likes on 21 Posts
Default

My take on add on warranties, if you can afford a new luxury car, you can afford to self insure it.
Old 04-30-2017, 05:15 PM
  #10  
kayjh
Drifting
Thread Starter
 
kayjh's Avatar
 
Join Date: Jul 2007
Location: Canada
Posts: 2,580
Received 682 Likes on 476 Posts
Default

Originally Posted by 4pipes
My take on add on warranties, if you can afford a new luxury car, you can afford to self insure it.
That's kind of like saying if you can afford the car than you can afford the gas. Personally, just because I can afford something doesn't mean that I want to pay more than I have to for it. Maybe I'm just strange that way.
Old 04-30-2017, 05:19 PM
  #11  
kayjh
Drifting
Thread Starter
 
kayjh's Avatar
 
Join Date: Jul 2007
Location: Canada
Posts: 2,580
Received 682 Likes on 476 Posts
Default

Originally Posted by quattroboy
I will be in the same position shortly as mine is a June delivery. I'm not sure about the 2 year warranty for $5K and I still need to go into the dealer to do the final paperwork and "meet the business manager". This part I'm dreading as I know it can be high pressure sales tactics. How was your experience?

Also, do you have your car now?
My car should be here this week. I'm not dreading meeting with the business manager. I've asked for all package pricing up front and read over the coverages. I'm just trying to assess what the value added is to selling a car in 2 years with an extended warranty already in place vs just selling it with the balance of the factory warranty. I figure that a $2,500 cost might add value whereas $5,000 wouldn't, hence the question about negotiating on the cost of the Porsche 2 year warranty.
Old 04-30-2017, 07:51 PM
  #12  
philg3
Rennlist Member
 
philg3's Avatar
 
Join Date: Nov 2003
Location: Southern California
Posts: 886
Received 92 Likes on 71 Posts
Default

My experience with extended warranties is that they are a waste of money. But back to your question, warranty prices are negotiable -- I've negotiated lower prices, twice at Porsche dealers (one was through Fidelity and the other through Zurich). Not sure of Canadian pricing practices.

When I took delivery last November of a 991.2 Turbo, there was no pressure to take any plans -- had to initial and decline each line item. It was like a menu including choices for maintenance and warranty, not to mention wheel and tire insurance. The menu was very comprehensive and very expensive. I declined everything.
Old 04-30-2017, 07:55 PM
  #13  
4pipes
Rennlist Member
 
4pipes's Avatar
 
Join Date: Sep 2016
Location: SF Bay Area
Posts: 581
Received 29 Likes on 21 Posts
Default

Originally Posted by kayjh
That's kind of like saying if you can afford the car than you can afford the gas. Personally, just because I can afford something doesn't mean that I want to pay more than I have to for it. Maybe I'm just strange that way.
I'm not saying you shouldn't get a good price for the warranty. I'm just saying extended warranties in general are bad deals.
Old 05-01-2017, 01:44 AM
  #14  
JawJuh
Advanced
 
JawJuh's Avatar
 
Join Date: Mar 2017
Location: Georgia
Posts: 91
Likes: 0
Received 0 Likes on 0 Posts
Default

Anyone bought the Porsche prepaid maintenance plan? Is it a good value?
Old 05-01-2017, 08:50 AM
  #15  
Jerry991
Pro
 
Jerry991's Avatar
 
Join Date: Feb 2013
Posts: 573
Likes: 0
Received 73 Likes on 51 Posts
Default

My car recently turned 4 years old so the warranty expired and I had to determine if it was going to buy an extended warranty. Went to the lead mechanic at 2 Porsche dealerships and asked if there were any chronic problems with the cars that I should watch out for and would justify getting an extended warranty. Remember, if you buy an extended warranty from a dealer you are likely to bring it to them for repairs and probably regular service as well so they have a long term financial interest in your buying the warranty. Both mechanics said that the 991s had no recurring problems which would be an expense of significance to repair so I chose not to buy an extended warranty.


Quick Reply: Porsche Extended Warranty - Price Negotiation?



All times are GMT -3. The time now is 09:32 PM.