First time buyer - need advice
#1
First time buyer - need advice
I've been reading up on the Porsche Panameras recently.
I'd like to stay below the $40k price range, so I've been looking at 2010-2012
I've test driven several (base, S, and turbo)
I've found a few base and S models ranging from 32k miles to 50k miles
I've found a turbo (fully loaded) at 82k miles
Several questions --
1. the car is out of factory warranty, so I would probably want to buy an extended warranty -- how much do these typically cost?
2. Some of these cars don't come up with a back-up camera -- how hard/how much is it to install this from aftermarket? I saw one here for $800, but I have no idea on installation costs: https://www.tadibrothers.com/product...-camera-system
3. How reliable are these cars? If I decide to get the turbo @ 82k miles, how much maintenance am I looking at?
Thanks,
Sohel
I'd like to stay below the $40k price range, so I've been looking at 2010-2012
I've test driven several (base, S, and turbo)
I've found a few base and S models ranging from 32k miles to 50k miles
I've found a turbo (fully loaded) at 82k miles
Several questions --
1. the car is out of factory warranty, so I would probably want to buy an extended warranty -- how much do these typically cost?
2. Some of these cars don't come up with a back-up camera -- how hard/how much is it to install this from aftermarket? I saw one here for $800, but I have no idea on installation costs: https://www.tadibrothers.com/product...-camera-system
3. How reliable are these cars? If I decide to get the turbo @ 82k miles, how much maintenance am I looking at?
Thanks,
Sohel
#2
Burning Brakes
Hey Sohel,
I'm also looking and learning as I hope to get something in the mid 40's in a couple years (shooting for a CPO), from the reading I've done here it seems they can be hit or miss on the reliability department, I personally would go for the one with the most documentation on the services which also has the fewest non-routine maintenance trips to the shop.
I'd be real interested to hear what you went with and your experiences
-Doug
I'm also looking and learning as I hope to get something in the mid 40's in a couple years (shooting for a CPO), from the reading I've done here it seems they can be hit or miss on the reliability department, I personally would go for the one with the most documentation on the services which also has the fewest non-routine maintenance trips to the shop.
I'd be real interested to hear what you went with and your experiences
-Doug
#4
Hey Doug, did some more research and these two videos were very helpful
It sounds like the V8 had some issues and that’s why Porsche switched to twin turbo V6 on later models, so may be better to stary away from early S models
i got a quote from Endurance for a warranty — looking at 6-7k. Better coverage for the low mileage cars.
It sounds like the V8 had some issues and that’s why Porsche switched to twin turbo V6 on later models, so may be better to stary away from early S models
i got a quote from Endurance for a warranty — looking at 6-7k. Better coverage for the low mileage cars.
#5
Hey Doug, did some more research and these two videos were very helpful
https://youtu.be/EPe_EkluHY0
https://youtu.be/3giueysuXdU
It sounds like the V8 had some issues and that’s why Porsche switched to twin turbo V6 on later models, so may be better to stary away from early S models
i got a quote from Endurance for a warranty — looking at 6-7k. Better coverage for the low mileage cars.
https://youtu.be/EPe_EkluHY0
https://youtu.be/3giueysuXdU
It sounds like the V8 had some issues and that’s why Porsche switched to twin turbo V6 on later models, so may be better to stary away from early S models
i got a quote from Endurance for a warranty — looking at 6-7k. Better coverage for the low mileage cars.
#6
Instructor
I have just purchased a 2012 Panamera Turbo S at 66,000 miles, only one owner, (known to the dealer) a clean Carfax report, no red flags and regularly maintained with no visits out of schedule. It has also just been inspected and test driven by the local Porsche dealer, the recalls like AH08 (cam adjuster bolts) taken care of and it has brand new Michelin tires and brake pads. I also have an independent Porsche mechanic in my town who has worked on Panamera's for future servicing/repairs at lower cost.
I am also researching warranties and have been quoted the following:
- $5,182 for a 12 month/12,000 mile Gold Plus warranty that covers everything including the air suspension.
- $6,909 for a 24 month/24,000 mile Gold warranty that covers most things but NOT the air suspension.
- $7,672 for a 48 month/48 ,000 mile Power Train only.
Looking for additional sources of warranties if anyone can suggest them. Seems that a figure in the $7K range is what I would be looking at. On the other hand I could bank the above or put aside up to $10,000 on the assumption I may need to spend that amount, but I may not. I intend to drive the car for 1-2 years before purchasing a newer model so my risk window at 15,000 miles a year is really between 66,000 and 96,000 miles.
I am also researching warranties and have been quoted the following:
- $5,182 for a 12 month/12,000 mile Gold Plus warranty that covers everything including the air suspension.
- $6,909 for a 24 month/24,000 mile Gold warranty that covers most things but NOT the air suspension.
- $7,672 for a 48 month/48 ,000 mile Power Train only.
Looking for additional sources of warranties if anyone can suggest them. Seems that a figure in the $7K range is what I would be looking at. On the other hand I could bank the above or put aside up to $10,000 on the assumption I may need to spend that amount, but I may not. I intend to drive the car for 1-2 years before purchasing a newer model so my risk window at 15,000 miles a year is really between 66,000 and 96,000 miles.
#7
Burning Brakes
[QUOTE=sohel83;14825696]
Thanks for sharing Sohel, I had seen the first one but not the second
Hey Doug, did some more research and these two videos were very helpful
It sounds like the V8 had some issues and that’s why Porsche switched to twin turbo V6 on later models, so may be better to stary away from early S models
i got a quote from Endurance for a warranty — looking at 6-7k. Better coverage for the low mileage cars.
/QUOTE]
It sounds like the V8 had some issues and that’s why Porsche switched to twin turbo V6 on later models, so may be better to stary away from early S models
i got a quote from Endurance for a warranty — looking at 6-7k. Better coverage for the low mileage cars.
/QUOTE]
Thanks for sharing Sohel, I had seen the first one but not the second
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#8
Burning Brakes
aquatone, congrats on the beast ;-)
With what you've told us, I would be inclined to just tuck away the $10k
I've pretty much decided that I'm either getting a CPO or going thru CarMax and getting one of their service contracts, just haven't heard a lot of good things about most 3rd party service contracts.
I hope to hear more from those that have them and have used them...
With what you've told us, I would be inclined to just tuck away the $10k
I've pretty much decided that I'm either getting a CPO or going thru CarMax and getting one of their service contracts, just haven't heard a lot of good things about most 3rd party service contracts.
I hope to hear more from those that have them and have used them...