Extended Warranty
#1
Rennlist Member
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Hi all,
My 06 4S is coming up on the end of the warranty and need some help from the great people of this forum. I was the 2nd owner....
1. The warranty starts from the day the car was 1st sold right?
2. I have 6 months left on time but the milage is only
at 21K.
What do you all think about getting an extended warranty? I will be keeping this car for awhile.
What have all of you paid? Is it worth it? Negotiable? Who do you see at the dealer? Is it always time and /or milage?
Thanks as always for helping out with your knowledge!
My 06 4S is coming up on the end of the warranty and need some help from the great people of this forum. I was the 2nd owner....
1. The warranty starts from the day the car was 1st sold right?
2. I have 6 months left on time but the milage is only
![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
What do you all think about getting an extended warranty? I will be keeping this car for awhile.
What have all of you paid? Is it worth it? Negotiable? Who do you see at the dealer? Is it always time and /or milage?
Thanks as always for helping out with your knowledge!
![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
#3
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From what I've read, if you are planning to keep the car for several more years, the warranty is worthwhile.
A few points: there will be a deductible. Depending on that number, the warranty might not help you with "minor" problems.
The price for the warranty is highly negotiable.
It might be easiest to get the warranty from the dealer that you will be servicing at. That might streamline the claims process.
Maybe you can work out a deal where you get the warranty at a discount in exchange for a promise to have the car serviced there.
Since you have to file claims yourself, I think the purchase of the warranty and the actual servicing are two completely separate things. You could probably buy the service contract from a dealer in FLA and be serviced in NY and submit your claims.
A few points: there will be a deductible. Depending on that number, the warranty might not help you with "minor" problems.
The price for the warranty is highly negotiable.
It might be easiest to get the warranty from the dealer that you will be servicing at. That might streamline the claims process.
Maybe you can work out a deal where you get the warranty at a discount in exchange for a promise to have the car serviced there.
Since you have to file claims yourself, I think the purchase of the warranty and the actual servicing are two completely separate things. You could probably buy the service contract from a dealer in FLA and be serviced in NY and submit your claims.
#4
uninformed gas bag
(contemplating on whether gas bag is one or two words)
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(contemplating on whether gas bag is one or two words)
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Hi all,
My 06 4S is coming up on the end of the warranty and need some help from the great people of this forum. I was the 2nd owner....
1. The warranty starts from the day the car was 1st sold right?
2. I have 6 months left on time but the milage is only
at 21K.
What do you all think about getting an extended warranty? I will be keeping this car for awhile.
What have all of you paid? Is it worth it? Negotiable? Who do you see at the dealer? Is it always time and /or milage?
Thanks as always for helping out with your knowledge!![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
My 06 4S is coming up on the end of the warranty and need some help from the great people of this forum. I was the 2nd owner....
1. The warranty starts from the day the car was 1st sold right?
2. I have 6 months left on time but the milage is only
![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
What do you all think about getting an extended warranty? I will be keeping this car for awhile.
What have all of you paid? Is it worth it? Negotiable? Who do you see at the dealer? Is it always time and /or milage?
Thanks as always for helping out with your knowledge!
![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
#5
Race Director
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Hi all,
My 06 4S is coming up on the end of the warranty and need some help from the great people of this forum. I was the 2nd owner....
1. The warranty starts from the day the car was 1st sold right?
2. I have 6 months left on time but the milage is only
at 21K.
What do you all think about getting an extended warranty? I will be keeping this car for awhile.
What have all of you paid? Is it worth it? Negotiable? Who do you see at the dealer? Is it always time and /or milage?
Thanks as always for helping out with your knowledge!![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
My 06 4S is coming up on the end of the warranty and need some help from the great people of this forum. I was the 2nd owner....
1. The warranty starts from the day the car was 1st sold right?
2. I have 6 months left on time but the milage is only
![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
What do you all think about getting an extended warranty? I will be keeping this car for awhile.
What have all of you paid? Is it worth it? Negotiable? Who do you see at the dealer? Is it always time and /or milage?
Thanks as always for helping out with your knowledge!
![bowdown](https://rennlist.com/forums/graemlins/bowdown.gif)
If you want extended warranty (service contract) know the company you're dealing with. You are buying "insurance" and you want company around when (if) you have to file a claim.
Get fine print *before* you buy and read to see what is and is not covered. Gaskets, seals, etc. may not be covered. Things that are covered may be covered up to a limit that may not be anywhere near what repair will cost.
Find out what you have to do to keep coverage intact. Find out if you can have car serviced/repaired anywhere.
And these extended warranty/service contracts have a huge mark up so price is negotiable.
Sincerely,
Macster.
#6
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Extended warranties are all over the place -If you are keeping the car, I'd recommend buying from the Porsche dealer where you get your car serviced or one very close. Check to be sure that they 1)honor the warranty across the US, 2) that you don't have to file a claim, 3) that their policy is to pay the servicing dealer upfront so you are only stuck with the dedutible. Also be sure to read the fine print as most of these contracts will not pay for any diagnostic work. Good Luck!
#7
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Good advice posted here. I was thinking of this issue myself after my recent 2 year service. Although I have 23 months left on the warranty, I have less than 8000 miles on the odometer and wondered if at the projected low mileage I would be at when my warranty expires, it would be fiscally sound to purchase an extended warranty.
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#9
Burning Brakes
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The ones I've priced are $4000 to $6000. The best I can tell is that price covers everything except tires, clutch, brakes, and other wear items. When you check into these company's most if not all do not look very stable. One that I did find that does look stable is a policy from United Auto which is a Penski company.
#12
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I would STRONGLY advise against the guys pitching on TV all the time. I have heard nothing but nightmares about them. US Fidelis. They operated under another business name before but changed their name (gee, I wonder why!) Their CEO and some of their other officers have some pen time in their resumes...
#13
Burning Brakes
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I would STRONGLY advise against the guys pitching on TV all the time. I have heard nothing but nightmares about them. US Fidelis. They operated under another business name before but changed their name (gee, I wonder why!) Their CEO and some of their other officers have some pen time in their resumes...
#14
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4k - 6k sounds high, but regardless, I don't see how its a good gamble.
Low mileage cars, well cared for by you - in order for you to make out you would need a near catastrophic failure. Policies don't typically cover wear items so your talking about only a few major items that would need to grenade. Sure it happens, but with the 997, how realistic is it to expect a one time 4k - 6k bill on a non-wear item unrelated to an accident?
Put an extra $200 in the bank each month, designate it your fix it fund, and make a little interest. Just a thought.
Low mileage cars, well cared for by you - in order for you to make out you would need a near catastrophic failure. Policies don't typically cover wear items so your talking about only a few major items that would need to grenade. Sure it happens, but with the 997, how realistic is it to expect a one time 4k - 6k bill on a non-wear item unrelated to an accident?
Put an extra $200 in the bank each month, designate it your fix it fund, and make a little interest. Just a thought.