911Finally

OK, had Michael Jourdan price out my Fidelity Platinum policy. 2008 C2S Cabrio Tiptronic 9100 miles. I need opinions. I PLAN on driving perhaps 10k miles per year but could possibly go over. Should I go with 7yr 100k miles @ $3471, or 8yr 80k miles @ $2900? Not sure if miles or time is more important and want to get your take. Both are for $250 deductible. Add about $400 more to the policy for $100 deductible. Want to purchase this in the next couple days. Appreciate the feedback.

daddyscar

I'd do the 7yr plan. $500 more over seven years to let you not have to watch the mileage as much isn't so bad.

[stop reading here as you didn't ask about this] Man 7 years sounds like such a long time to keep a car. For me, it would be tough to not consider swapping a tip for a pdk in a few years as prices keep falling.

tommy618

Save your money in your pocket. No need warranty.

BIG smoke

Of the 4 policies I have purchased. Three were a loss and a waste of money. Non were for Porsche's.
The fourth policy for my BMW x5? Cost me $35oo ish.
So far this year, oil filter housing gasket repair $12oo, then oil starvation 3oo kms later, smoking the bearing off the rod. I think related, though denied. New longblock @$25k, and just last week transmission cooler @$12oo.
By my math, I'm up by about 25k on the policy.
All of these are just insurance policies.
Depending on you mileage per year? I would push for the time, up the deductible. If you are buying the policy at a Porsche dealer? They will often give you a slight discount, as they will be getting the repairs most likely....
But you have to ask.

BIG smoke

Is the policy transferable to a subsequent/next owner? There would be greater value to you selling it to the next person???

911Finally

Yes, either fully transferable or prorated refund.

DC911S

I would only buy one if it covered bore scoring. Besides that it's a stout car. Better find out if it's exclusionary or not, and what's not covered. It's not a fair comparison of the Bremer to the Porsche. Go read the jalopnik story on crappy M motors that are designed to grenade after 5 years or so. So my vote is save your money

himself

I'd go for time. I don't daily my cars, so mileage isn't key. So when I wanted to resell, having more time for the new owner would hopefully sweeten the deal.

-td

911Finally

Want to also add this. I will not be tracking this car. I like a little spirited driving now and then but I'm not even close to abusing it. I don't drive it like a minivan but I also don't test it on ever curve I go through. I also will be garaging the car from say Nov. 30-March 15.

frankyluis23

Don't bother with a policy. Put the money into a savings account. Since you have an M97 engine with a Tiptronic transmission, you should be good to go.

Cbst09

I'd go for the 8 year policy if you have to get one of those warranties. Having come from NJ and knowing the roads, traffic, and winters, my guess is that you will drive less miles per year than you think.

jhbrennan

When was the last time you kept a car for 7 years? I'd think that would be an important fact to consider.

911Finally

Well I waited 40 years to get this car and spent a lot of money on it. right now it's my dream car and don't see the need to sell or buy another. Could change but I doubt it. It's pretty much a brand new car now. Owning for another 7-10 years is not a stretch at all.

Dennis C

These are always interesting discussions, and ultimately it comes down to how much risk you are willing to take. I've purchased extended warranties on two Porsches in the past, including my current 997 TT. I didn't use either of them, so they were a waste of money. I had the same experience with another car brand in the past. Personally, I will not buy another extended warranty. I think they are a waste of money. That being said, I'm sure there are plenty of stories out there about people who bought a warranty and it saved them thousands of dollars in repairs. Only you can make the choice that suits you....

verboten

Forget it! Insurance companies are the only ones gain from them. I've have numerous cars (porsches) and never had a warranty.