Aftermarket warranty
01-25-2010, 03:35 PM
#17
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I keep getting quotes for $4k plus for only 2 years-either Fidelity or Easy Care. Numbers I've seen here on forums are much less..any help?
I've called a few dealers in Socal but all are WAY up there even got quoted $6k for two years.
I've called a few dealers in Socal but all are WAY up there even got quoted $6k for two years.
01-25-2010, 05:17 PM
#18
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How many miles on the car? That seems to be more of a determinant than age in most cases. My local Porsche dealer, where I bought the car, quoted me ~$6K for a 6-yr/72K mi Fidelity Platinum (covers everything not on a short list of exclusions) on an '04 C2 with 30K miles (which is the same age and mileage my '05 will be when I eventually buy the warranty, when the CPO is about to expire).
The only thing that concerns me about Fidelity is a clause that says it won't cover parts that fail "due to normal wear after 50,000 miles". However, I spoke with the service department and they said they've never had Fidelity use that clause to deny a claim.
The only thing that concerns me about Fidelity is a clause that says it won't cover parts that fail "due to normal wear after 50,000 miles". However, I spoke with the service department and they said they've never had Fidelity use that clause to deny a claim.
01-26-2010, 01:24 AM
#20
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The camshaft actuator failed. The dealer swapped them from side to side to verify. If the part failed the warranty company covered it, otherwise I had to pay for diagnostics and testing. Since they verified the part indeed failed, warranty covered all charges minus a $100 deductible. Company is First Automotive. I paid $3337 for 24mo/24000m coverage.
I just consider myself lucky they paid - I still don't trust warranties.
I just consider myself lucky they paid - I still don't trust warranties.
02-11-2010, 08:44 PM
#21
Easy Care just quoted me 4 years 50k miles $250 deduct. $4400 full coverage through $2750 just drivetrain & seals.
04' C2 24k miles.
Just thought I would keep info flowing through this thread.
04' C2 24k miles.
Just thought I would keep info flowing through this thread.
02-11-2010, 11:50 PM
#23
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Total protection plus : Par k place porsche
i paid 3k for 3 yr supreme full warranty, invoice by porsche . i have a 2001 20k miles . this i think is the better one on the market, porsche claims they give no problems. i only have great things to say about them. i specifically mentioned the ims issue and yes they are aware of it.
i paid 3k for 3 yr supreme full warranty, invoice by porsche . i have a 2001 20k miles . this i think is the better one on the market, porsche claims they give no problems. i only have great things to say about them. i specifically mentioned the ims issue and yes they are aware of it.
02-12-2010, 01:12 AM
#24
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I have NO idea how good Fidelity Warranty Services is but, I just paid $3000 for a 3yr/36,000 mile the "platinum" warranty through the Porsche dealer where I purchased my '03 C4S w/ 20,000 miles on the clock. My main fear was either RMS or IMS failure. No idea how good a company they are, but, I do know the warranty is transferable and is accepted at a considerable number Porsche dealers.
Here's the web site: http://fidelitywarrantyservices.com/
Here's the web site: http://fidelitywarrantyservices.com/
02-12-2010, 07:46 PM
#25
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try AAA
02-13-2010, 11:41 AM
#26
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I did some searching on extended warranty while looking for my car. All after market warranty companies have complaints against them, without exception. The two that seems to be better than others are Easycare and carchex. Both quoted me ~$3300 for 2yr. 24K miles for 02-03 996 c2 with 40K miles.
A friend of mine bought a Range Rover and got Carchex. Worked out for him, I swear that thing hasn't been out of the shop for 2 weeks in the 6 month he's owned it. Carchex was pretty good in covering the repairs.
A friend of mine bought a Range Rover and got Carchex. Worked out for him, I swear that thing hasn't been out of the shop for 2 weeks in the 6 month he's owned it. Carchex was pretty good in covering the repairs.
02-13-2010, 11:56 AM
#27
Personally, I'd pass on aftermarket warranties. In every case where friends of mine have dealt with claims, the consumer ends up on the short end of the stick.
If you read the fine print of Easycare ultimate care bumper to bumper, they exclude a lot of things that actually break and cover the items that typically never break. One of my friends had a thermostat go bad under the Easycare policy. They covered the bare minimums and they tried to excluded many of the necessary items to get him running. Example, they only covered him for 1 gallon of anti-freeze, even though the car required 2. They also wanted to deny other items that were damaged due to their covered part.
Another buddy of mine had an add-on warranty he purchased from the dealer. After making his final payment on the car and warranty, he actually had an issue with the car. When he went to file a claim, he was informed the warranty company went out of business. No refund or warranty reimbursement. Nada!
All in all if you do go aftermarket, go for the largest company you can find, but read the fine print to be sure you are okay with what little they will cover for the price they charge. In reality, it is a false sense of security IMHO.
If you read the fine print of Easycare ultimate care bumper to bumper, they exclude a lot of things that actually break and cover the items that typically never break. One of my friends had a thermostat go bad under the Easycare policy. They covered the bare minimums and they tried to excluded many of the necessary items to get him running. Example, they only covered him for 1 gallon of anti-freeze, even though the car required 2. They also wanted to deny other items that were damaged due to their covered part.
Another buddy of mine had an add-on warranty he purchased from the dealer. After making his final payment on the car and warranty, he actually had an issue with the car. When he went to file a claim, he was informed the warranty company went out of business. No refund or warranty reimbursement. Nada!
All in all if you do go aftermarket, go for the largest company you can find, but read the fine print to be sure you are okay with what little they will cover for the price they charge. In reality, it is a false sense of security IMHO.
02-13-2010, 12:21 PM
#28
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I've had extended warranties on the last half dozen cars I've owned, plus my son's car and mother's car. Every one of them has paid back at least their cost, and in most cases double or triple. And that's without something major like an engine or transmission replacement. I'd never drive a European car without one. The one time I went bare, on a BMW, I ended up with a repair bill for as much as the car was then worth, and I know from having had the same thing go wrong on another BMW that the warranty would've covered it if I'd had one.
Most of my warranties have been through Old Republic, but unfortunately they don't write warranties on Porsche. I will either go through Warranty Direct or Fidelity (not to be confused with US Fidelis, which has a ton of complaints against them). The Porsche dealer here sells Fidelity. Fidelity's Platinum is a true exclusionary warranty, with a very short list of exclusions. EasyCare's "bumper to bumper" appears to be just a very extensive "named item" warranty, and those have many more exclusions by nature. If the only concern is total engine failure due to IMS bearing, or whatever other parts also cause it beside the bearing, then it doesn't matter. But to really get your money's worth out of an extended warranty you want it to cover as many other failures as possible. The exclusionary warranties would cover the A/C, all electronics, the PCM/radio, PSE, PSAM, you name it.
Most of my warranties have been through Old Republic, but unfortunately they don't write warranties on Porsche. I will either go through Warranty Direct or Fidelity (not to be confused with US Fidelis, which has a ton of complaints against them). The Porsche dealer here sells Fidelity. Fidelity's Platinum is a true exclusionary warranty, with a very short list of exclusions. EasyCare's "bumper to bumper" appears to be just a very extensive "named item" warranty, and those have many more exclusions by nature. If the only concern is total engine failure due to IMS bearing, or whatever other parts also cause it beside the bearing, then it doesn't matter. But to really get your money's worth out of an extended warranty you want it to cover as many other failures as possible. The exclusionary warranties would cover the A/C, all electronics, the PCM/radio, PSE, PSAM, you name it.
02-13-2010, 03:43 PM
#29
I put my Fidelity Warranty Services warranty that my Porsche dealer sold me to the test last week. They covered the rear spoiler on my Turbo without a fuss. If it wasn't uder warranty, then my pocket would be $2200 lighter. That warranty item alone paid the cost of the extended warranty and then some.
///Michael
///Michael
02-13-2010, 05:12 PM
#30
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I put my Fidelity Warranty Services warranty that my Porsche dealer sold me to the test last week. They covered the rear spoiler on my Turbo without a fuss. If it wasn't uder warranty, then my pocket would be $2200 lighter. That warranty item alone paid the cost of the extended warranty and then some.
///Michael
///Michael
