Topless in Temecula

I am looking at a 2002 Turbo, 50k miles, that has an extended warranty until 2/14 with Tier One (owner says its the highest level of policy they write which I will confirm and that Porsche dealers accept this warranty). Does anyone have an experience with this company. It's a very nice car and the coverage would be a bonus. (And yes this means the 993 cab will have to be sold)

Thanks,

Peter

adam_

I guess I have a hard time understanding how a company can be viable selling warranties on 9 year old cars with 50k+ miles....

And if you agree, then one needs to think that they will be VERY hard to pin down if you do have any issues. Search for "Tier one" and "Scam". They'll pay some minor claims, but any serious stuff and you are SOL.

Also, DO understand the fine print on payments- do not rely on verbal responses (like "do porsche dealers accept this"). Read the fine print- ON THE CONTRACT and not on the 'brochure'. For all you know it is not assumable...

Good luck with the hunt. Extended warranties on 9 year old cars are generally scams....

I'd give the warranty zero value.

Kevinmacd

Check this out:
http://www.ripoffreport.com/auto-war...lure-689bc.htm

LVDell

Another reason to go CPO.

I happen to know of a sweet Slate Grey 2003 Turbo with CPO warranty

Letmebegus

I have a warranty - extended service plan on my tt, and it has been fantastic. It runs out in Jan. I called to find out about others and I learned it is more important to get a printed list of what it covers than a list of what it doesn't cover that begins with "not limited to". I was unable to find anything as comprehensive as what it has now, so I will be going "out of pocket" from Jan. forward.

Jerrett

There's a huge difference between an "exclusionary" warrantee and an "inclusionary" warrantee. I’m guessing you currently have an exclusionary and are being warned about an inclusionary.
Exclusionary warrantees will cover everything on the car except the items spelled out as exclusions, similar to how most factory warrantees work. Inclusionary warrantees are the opposite…they only cover the items that are specifically spelled out. Because of that, you have to be more diligent when shopping for inclusionary warrantees but you can save a lot of money since they tend to be cheaper than exclusionary warrantees.
I’ve bought 3rd party inclusionary warrantees on my last two cars, including my 02 996tt and have come out WAY ahead in both cases. For the Porsche, I bought the warrantee a week after I bought my car last year (which, at the time was 9 years old and had 55k miles). Filed my first claim 4 months later and got my entire tranny rebuilt and a rental car while I waited…no questions asked, no hassles.
There are reputable 3rd party warrantee companies out there offering coverage on our cars…just need to research them a bit. I’d suggest contacting your local high end car dealers and independent repair shops to see which 3rd party company warrantee companies they’ve had good experiences working with.

adam_

It is imperative to get a copy of the POLICY and understand ALL aspects of coverage and not just the silly 'parts list'.

Most 'description of coverages' list parts, or list what is excluded...but then say "*See policy for important terms and limitations."..and then you see that there are exclusions that describe HOW parts fail or other important conditions that are not as simply as "part:covered".

Most companies will NOT send you a policy in advance- you must buy and have 30 days to return it- so you never can really shop. Further, the language is so broad that they can decline coverage at their will...

Look at the bright side: you can mod all you want now!