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I have a 2016 Cayenne GTS with around 68,000 km on the odo (~42k miles). I bought it CPO and the CPO warranty is going to expire early next year. I am debating if I feel comfortable owning the car without a warranty, and want to hear your opinions.
I understand our cars are relatively reliable. While the transfer case has been replaced under warranty, I am a bit sceptical about the timing chain cover/bolt leak + air suspension failure.
Dealer is willing to extend CPO for around CA$3800+tax plus I have to perform the 60k km major service at a dealer to bring the service up to date in Porsche's system(~$1700+tax for oil+spark plugs+brake fluid flush, seems kinda steep to me). However, I already performed such service at a reputable indy shop a few months prior. So if I were to extend CPO, I could pay the dealer to perform the service again and pay for the cost for CPO itself.
The questions now are: should I pay to extend the CPO for another 2 years? or should I just take the chance and save the cash for future repairs if needed? what other common problems should I be expecting?
UPDATE: looks like fidelity is available in Canada, but none of the contacts in the forum could set up the policy for Canadian cars. Anyone in the group have contacts that provide Fidelity in Canada?
I’m in very similar position. Was planning to replace my ‘16 with an ‘18 once CPO expires in July. I didn’t realize dealers would extend CPO so I’ve contacted 2 dealers in my area to see what they will do...
I did have a third party warranty previously on a 955 Cayenne back in 2014 which was more than you have been quoted for CPO extension. I would be worried about coverage on 3rd party warranty. My experience of CPO has been very positive so all things being equal I would probably go that route.
We had a third party warranty on my wife's Audi A8 after factory ended. It was an outstanding experience. We have a Fidelity warranty on her Panamera S e-hybrid. What I like is that that the Fidelity was 6 years and 72,000 miles from when the warranty was purchased. Fidelity was not cheap, but it is extensive (I could not find differences between theirs and CPO), and I prefer the length and mileage (2 years goes by quickly), and that we can get a prorated refund or transfer it to the next owner. Our Porsche dealer prefers Fidelity over other warranty companies except for their own. As I understand it, most Porsche dealers like Fidelity and many sell Fidelity.
Good question,
If you do decide to go ahead, see if CPO in transferrable. And I would want to know what it covers specifically. It seems early to change a transfer case so I would lean towards over-insured. It also depends if you want a relationship with Porsche and invest your money there or look for better deals third party.
We just bought a CPO '16 Cayenne and it came with a two-year bumper-bumper warranty which was the major selling point for us.
Maintenance is very important and we just had the 60,000mi. service. I think it is well worth the money to service at Porsche because they know the cars better than anyone else. Also if you sell, Carfax will report you had serviced at Porsche which was another huge selling point for us. And Porsche will keep track of your history and only fix what needs fixing according to the maintenance schedules.
Just my opinions, good lucks
UPDATE: looks like fidelity is available in Canada, but none of the contacts in the forum could set up the policy for Canadian cars. Anyone in the group have contacts that provide Fidelity in Canada?
Interested here. Who are the local contacts for fidelity here?
I also have a 2016 GTS with CPO ending in May. Would like to keep another 2 years since it has less than 60k miles. I received a quote from my dealer and having a real challenge justifying the cost. Other than a complete engine pull any repair should be less. The vehicle has been dependable but the one concern is the cam cover oil leak which we are watching closely. I didn’t ask but suspect the warranty quote was back by Fidelity even though they said it was Porsche. Right now I am thinking roll the dice without a warranty but need a bit more analysis. If it becomes a repair burden I’ll likely swap it out. The Boxster CPO is also running out in May, not even considering an extended warranty.
I just received a quote from fidelity via Mike. 4 year for platinum would be ~12k for a 2016 porsche cayenne turbo s that's ~66k miles with 1 year cpo left. Decision decision decision
I am doing the same thing, our 2016 Cayenne S only has 21k miles ( CPO until 08/01,2022) miles but I wanted to look into it, and this is what I got via local dealer.
USWC Plan Platinum $100 Deductible
4 years and a total of 60K miles $3673 ( can be taken for service/work anywhere)
Safeguard or Porsche factory plan Platinum $100 Deductible
7 years from in service date of 3/2017 or 60K miles (3/2024) $4713 ( has to be done at the dealer)
So I am going to look into Fidelity also and get some numbers, does anyone have a contact I know there use to be a guy everyone used.
Good question,
If you do decide to go ahead, see if CPO in transferrable. And I would want to know what it covers specifically. It seems early to change a transfer case so I would lean towards over-insured. It also depends if you want a relationship with Porsche and invest your money there or look for better deals third party.
We just bought a CPO '16 Cayenne and it came with a two-year bumper-bumper warranty which was the major selling point for us.
CPO is transferrable under two conditions: private-party to private-party sale, or Porsche-dealer to Private Party sale (on one traded in and then resold by the dealer the original CPO transfers to the new owner.) CPO as defined by Porsche is quite inclusive, almost equal to the original factory warranty. The exclusions are "wear" items and some cosmetic items - but if you have a good dealer relationship they can frequently get Porsche to cover at least the cosmetic items.
CPO does not normally transfer if a used Porsche is sold by a non-Porsche dealership.
I was quite satisfied with the CPO policy I had on my first Cayenne ('06 ****)..
Originally Posted by mfreem
Maintenance is very important and we just had the 60,000mi. service. I think it is well worth the money to service at Porsche because they know the cars better than anyone else. Also if you sell, Carfax will report you had serviced at Porsche which was another huge selling point for us. And Porsche will keep track of your history and only fix what needs fixing according to the maintenance schedules.
Just my opinions, good lucks
I'm glad someone has the money to spend for Porsche service. That keeps the dealers in business... but many of us secondary owners feel the dealer service prices are prohibitively high (with some justification - the dealers have to pay for the coffee/danish they offer you, the fancy building, and all the service department tools, training the techs, loaner vehicles, the attractive receptionist when you enter the showroom, the highly-trained Service Advisers [trained to sell service], and of course some profit..) so we go DIY or with an independent mechanic. In some cases, there are independents who do dealer-level service at 2/3rds or less the price of the dealership. And some of them do report service to CarFax. I just keep all my receipts for service (done wherever) and parts.
As far as the dealer only fixing what's needed - I'm afraid some people have had a different experience. As an example - I got an estimate to fix in place the coolant pipe that is glued into the coolant distributor (this pipe comes loose with time and age on the earlier 958's) on the rear of the engine from the dealer - I was quoted $4,000+ (probably going to exceed $4k). I had it done by a Porsche independent specialist who charged me less than $900. The difference was - Porsche spec's engine removal for the job, although the Porsche technician confirmed it could be done without engine removal and would be much less expensive that way - but they wouldn't do that. An independent did it without engine removal. Once you get into engine removal - you're also into the replacement of HVAC parts, coolant, 4-wheel alignment, brake bleeding and lots of other rather costly things involved in dropping the engine out. And of course with engine removal - you get into "might as well.." expenses (engine mounts, all the hoses behind the engine, etc.) that add up quickly.
Anyway - thanks for the input on the thread, and once again - welcome to the forum!
Last edited by deilenberger; 03-10-2021 at 01:45 PM.
Hi 2GTS, I'm in Canada (GTA) and my 2015 Cayenne S CPO is just about to expire. I had several major items replaced under warranty last month - approximately $15K! (Transfer Case, Driveshaft, Valve covers and gaskets, and transmission cooling lines) and I'm concerned about owning without CPO! We're you able to get a Fidelity warranty? or did you go with the CPO?
Well I don't know about having the spare change to have the Cayenne serviced the the dealership. I did have an oil change done there since it needed warranty work. $318 for an oil service on a 2016 SeH. Ouch. But that said, they ended up having my Cayenne almost two weeks figuring out the problem and fixing it. Third time was a charm, LOL. Nice thing about the dealership is they put me in a new Macan so I got to try it out. Wife liked it but a little small for me (6"3" ; 255#). I did not know that they could extend the CPO warranty. Mine goes through 11/22 so I have time. So good to know.
Another Canadian option is securedrive.ca We just bought our 2016 Cayenne S with 90k km, and bought this warranty. I am not generally an extended warranty person, preferring to buy a car at under 100km, and run it to 200km using Indy mechanics and maintaining myself. I've usually found (BMW's and Audis) that this is my particular "sweet spot" of car value, with most major equipment on a well designed car lasting past 200km In this case, my first Porsche, we did decide to get the warranty from the dealer, actually a sister dealer to the local Porsche dealer, a Volvo dealer. Securedrive offers bronze/silver/gold packages. The bronze is drivetrain only, and was around $3K CAD for 4 years/40K kms (we are retired so 10k per year is okay) the silver is a better deal, covering almost everything but emissions, including electronics for around $5k CAD, and if you don't use the warranty, you get a credit at the end to apply to your next car's warranty or $2000 towards any purchase from the 'selling dealer' or $1000 cash. Their gold package did not seem to us to be worth it, as the extra coverage was only on a few items, and cost quite a bit more.
03-04-2021, 11:08 PM
Should I extend CPO warranty?
