3rd Party Insurance?
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3rd Party Insurance?
Do you guys use 3rd party insurances on your 997.2's and if so, which ones are best. In the past I have owned newer cars and always added this on as a safety net when the dealership warranty ran out or the CPO expired due to repairs being expensive if they happen. Thanks for the help.
Last edited by orangeblood18; Aug 15, 2021 at 10:57 AM.
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From: Dallas, TX
Fidelity Platinum. You want an exclusionary policy, not one that lists only what they cover. The devil is in the details. Fidelity is also rebranded as some manufacturers in house extended warranty.
Last edited by ThomasCarreraGTS; Aug 15, 2021 at 11:14 AM.
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Check out the thread. Platinum comes at a premium. Gold might be what you need.
https://rennlist.com/forums/997-foru...l#post17540672
https://rennlist.com/forums/997-foru...l#post17540672
Last edited by mbatarga; Aug 15, 2021 at 10:23 PM.
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I don't use aftermarket warranties. In my experience, if you took the monthly or annual payment for that warranty and put it in a separate account, it would likely cover anything you need to fix. Now, if it's a PDK car where a transmission replacement could cost you $10-$14k, that's a different story. I don't have any aftermarket warranties on any of my 8 cars.
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Petza914, where can you find a new PDK Transmission for $10,000-$14,000??? I have only bought extended warranties for my 911s, never any of my other cars. I keep extremely thorough records. On my 2003 911 Carrera,I recouped the cost of the warranty by the time it expired, so it paid for itself. I had no major issues, like transmission or engine. On my 2011 911 GTS I have the Fidelity Platinum to 90,000 miles and I paid $4,747 through Mossy Motors. I expect to come out ahead with this one. In general I agree with you that extended warranties are not a good purchase, but on today's more expensive high performance machines, like a 911, I think it would be a mistake not to have coverage. I have already had coverage on my shocks, which are nt inexpensive, and a PDK replacement if I run into that would be many times what I paid for the warranty.
I don't use aftermarket warranties. In my experience, if you took the monthly or annual payment for that warranty and put it in a separate account, it would likely cover anything you need to fix. Now, if it's a PDK car where a transmission replacement could cost you $10-$14k, that's a different story. I don't have any aftermarket warranties on any of my 8 cars.
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From: Clemson, SC
Petza914, where can you find a new PDK Transmission for $10,000-$14,000??? I have only bought extended warranties for my 911s, never any of my other cars. I keep extremely thorough records. On my 2003 911 Carrera,I recouped the cost of the warranty by the time it expired, so it paid for itself. I had no major issues, like transmission or engine. On my 2011 911 GTS I have the Fidelity Platinum to 90,000 miles and I paid $4,747 through Mossy Motors. I expect to come out ahead with this one. In general I agree with you that extended warranties are not a good purchase, but on today's more expensive high performance machines, like a 911, I think it would be a mistake not to have coverage. I have already had coverage on my shocks, which are nt inexpensive, and a PDK replacement if I run into that would be many times what I paid for the warranty.
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Petza914 you do realize you are not representative of the typical Porsche enthusiast, right? You’ve got some real cool cars and have a wealth of knowledge, but very few of us are like you!
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The 997 is becoming more and more a DIY car as people realize it's quite easy to work on and they do more careful work and for less money than their dealers do.
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I went with a full bumper to bumper 3 year extended warranty from Axiom. It's their platinum level with a $100 deductible for any work. It was $5K which is a lot of money, but the piece of mind was worth it to me after owning a 2014 RS7 for a year and spending 2.5K to replace both fuel pumps.