Golden Warranty

[Chrisp5782]

I've just had a DRIVELINE warranty quote from WarrantyWise that would protect my engine, gearbox and diff from any failure and by that I mean any failure (I rang and checked) provided my car is serviced as per the manafucturers schedule (doesn't have to be by the manafacturer)up to the retail value of my car.

For this I would have to pay £520 per year and the first £500 of any claim (volentary) with unlimited claims up to the value of the car.

So, IMS gone bang, £500 to pay for repair or replacement - it's a no brainer surely?!

I'm stumping up, why on earth wouldn't I?!

[Chrisp5782]

river_rat said:

That's weird, I got an online quote from them earlier today for a 997S I am thinking of buying, quote is £875.

It all seems watertight, covering bore scoring, etc - I just wonder if it is quite as good as they say when it comes to claiming though?

Mines only a 2007 Cayman 2.7 so that might account for the difference?

It does seem watertight and I've heard nothing but good things about WarrantyWise (I don't work for them I swear!!lol)

[Chrisp5782]

Chrisp5782 said:

river_rat said:

That's weird, I got an online quote from them earlier today for a 997S I am thinking of buying, quote is £875.

It all seems watertight, covering bore scoring, etc - I just wonder if it is quite as good as they say when it comes to claiming though?

Mines only a 2007 Cayman 2.7 so that might account for the difference?

It does seem watertight and I've heard nothing but good things about WarrantyWise (I don't work for them I swear!!lol)

Further to that I rang to get my quote and the girl went off to get authorisation for a further discount.

[Chrisp5782]

Soovy said:

Yeah, right. Of course.

And this person is a sales person right? Who won't decide whether the claim is paid or not. And won't be traceable either. And is paid commission to get you to sign up......

Use your loaf, mate!!!!

Firstly, I don't like being spoken to like that so don't.

Secondly, have you looked at WarrantyWise as a company, checked their payout history and looked at independant customer surveys? I did before I rang so I have been "using my loaf" thanks very much.

Oh and so we're clear, you're not my mate.

[Chrisp5782]

When I spoke to her I enquired specifically about IMS, scored bores and timing chain breakage. She knew exactly what I was talking about and cited where Porsche 911 engines had been repaired for those faults and covered completely by their DRIVETRAIN warranty.

It's a funny thing but one of the comments she made was about the company struggling to break free of the perceived view of warranty companies.

I really do think they're worth a look. They make a great deal about stating they have removed "weasel words" from the policies.

I quote "We offer the highest protection for your vehicle, there is no limited and restrictive list of parts, we simply include all mechanical and electrical parts. That's at least 5000 parts on most cars!"

thats for the full warranty, I was looking to only cover my engine, gearbox and diff - I can cover the cost of everything else.

Edited by Chrisp5782 on Wednesday 10th October 14:27

[Chrisp5782]

Soovy said:

Chrisp5782 said:

When I spoke to her I enquired specifically about IMS, scored bores and timing chain breakage. She knew exactly what I was talking about and cited where Porsche 911 engines had been repaired for those faults and covered completely by their DRIVETRAIN warranty.

I would suggest that anyone interested or the doubting Thomas's give them a call and ask your own questions before rubbishing my post. After all I put it on here in case people were interested....if you better of course.

At the risk of aggravating you further, which is not the intention, this is exactly my point. She can tell you anything she likes, but come claim time any representations she makes to you about what's covered and what's not are not worth the paper they're not written on.

Would it not be money better spent to get the Porsche cover?

Porsche cover on an '07 Cayman is restrictively expensive, ties me in to using OPC when I have a very, very indy locally (WarrantyWise will let me use them up to the cost of £100 an hour labour)no inspection fee and I only want to cover the drivetrain on the car.

Have a look at the website - www.warrantywise.co.uk you really might be surprised. I've a written quote coming in the post to ensure all I need is covered as I want it to be.

Also worth a look: www.warrantywise.co.uk/happy

[Chrisp5782]

Soovy said:

Chrisp5782 said:

Soovy said:

Chrisp5782 said:

When I spoke to her I enquired specifically about IMS, scored bores and timing chain breakage. She knew exactly what I was talking about and cited where Porsche 911 engines had been repaired for those faults and covered completely by their DRIVETRAIN warranty.

I would suggest that anyone interested or the doubting Thomas's give them a call and ask your own questions before rubbishing my post. After all I put it on here in case people were interested....if you better of course.

At the risk of aggravating you further, which is not the intention, this is exactly my point. She can tell you anything she likes, but come claim time any representations she makes to you about what's covered and what's not are not worth the paper they're not written on.

Would it not be money better spent to get the Porsche cover?

Porsche cover on an '07 Cayman is restrictively expensive, ties me in to using OPC when I have a very, very indy locally (WarrantyWise will let me use them up to the cost of £100 an hour labour)no inspection fee and I only want to cover the drivetrain on the car.

Have a look at the website - www.warrantywise.co.uk you really might be surprised. I've a written quote coming in the post to ensure all I need is covered as I want it to be.

Also worth a look: www.warrantywise.co.uk/happy

I'll check it out. As I said, sorry I offended you, but this particular issue is a hobby horse of mine - I've seen at least three people end up with busted engines and no help, and with a rebuild costing thousands there's only so much you can do with hot tea and kleenex.

Happy days, no offence taken.

I'm hoping these people really are as good as they say, I do believe they are. I'd at least hope that someone like Quentin Wilson wouldn't risk his reputation on a bonk product.

[Chrisp5782]

Porkupine said:

Diesel130 said:

Do a search on here first. I found this posting within 2 mins...

rem said:

When I bought my 2002 Boxster almost 3 years ago one of the conditions of sale was that it came with a 12 month warranty. I also stated (after researching on this forum) that the warranty must include for the rubber seal that causes the RMS oil leak.
A 12 month Warrantwise Gold policy (the best they did) was what I ended up with. The policy said it covered ALL seals & gaskets.
Sure enough the car developed an RMS leak so I tried to claim on the policy.

To cut a long (over 12 months) story short they point blank refused to pay out, saying due to the age & mileage (32k) of the car the leak was due to wear & tear.
I argued that they could say that about any seal at any time so why include it in the policy.

I then complained to the Lloyds compaint department who asked if I would settle for a 50% payout which I reluctantly agreed to.
However when they suggested this to Warrantywise, again they refused to pay a penny.
I got the distinct impression the guy at Lloyds thought the policy was crap when he said his job was not to judge how good the policy was, but if it covered the fault, or not.

I ended up getting nowt with a policy that said it covered all seals & gaskets.

This is just my experience, but IMHO I wouldn't touch them with a very long bargepole.

Very typical of what I have read in the past

Firstly, Warrantywise don't grade their policies in Gold, Silver or Bronze - RAC do I had one and it was toss.

Soovy,interesting and warrants further investigation and another call to them, watch this space.....

[Chrisp5782]

I'm not overly worried about the failure of my engine, I've been chatting with Grant at Hartech over the last few days in an attempt to actually prove on the forum that bore scoring and IMS failures are unlikely in the 2.7 Caymans due to the reduced engine capacity, something Grant agrees with in principle but he's writing me a detailed email for publication here in support of my view.

A little insurance if it's proper insurance at an affordable price can't be a bad thing though.....right?

[Chrisp5782]

Soovy said:

Chrisp5782 said:

Soovy,interesting and warrants further investigation and another call to them, watch this space.....

Thanks. Can we be mates now please?

Oh go on then, first pints on you.

[Chrisp5782]

Porkupine said:

Chrisp5782 said:

I'm not overly worried about the failure of my engine

So mainly you are worried about the gearbox and engine are you?

If you really aren't concerned about the engine, I would not bother with the warranty full stop as the gearbox is not really known for being a problem!

I can cover the cost of mostly everything else, as I've previously stated. The largest component on my car is the engine so yes, whilst I'm not overly worried, whats £500 if it helps with the unexpected in the future? The gearbox is covered because it's covered in the policy and can't be excluded.

I had an RAC Gold warranty on my Boxster that, when read carefully, was pump and thankfully was included in the sale rather paid for by me seperately.

Unlike many, I do actually have confidence in my car, but a little extra protection won't hurt.

[Chrisp5782]

gibbon said:

Porkupine said:

Go for it mate. But please do let us know what they do if something were to go wrong.

Hes not your mate.

Haha!! Very good!

[Chrisp5782]

I'm now on the phone to the technical department having asked specifically:

"Is IMS failure and resulting damage covered?"

"Is cam chain breakage covered?"

"Is cylinder scoring covered?"

I will post responses verbatum......

[Chrisp5782]

Just got off the phone....

"IMS is covered and known about by us, we've paid out for this in the past"

"Cam chain breakage and resulting damage is covered and has been paid out for in the past"

"Cylinder bore scoring is not covered by the DRIVELINE policy but is covered by our main policies"

I think that clears things up a little and ties in with Soovy's asessment.

My point to the thread was, in the unlikely event of IMS failure £500 spent now would save me, potentially, something in the region of £6500 for a rebuild assuming a £500 excess.

I'm not overly worried about my care but thats a £500 punt I'll take.

Others with older engines that, statistically speaking, are more prone to failure might want to do the same?

I don't know that's really that odd is it?

[Chrisp5782]

Blue62 said:

Chrisp5782 said:

I'm now on the phone to the technical department having asked specifically:

"Is IMS failure and resulting damage covered?"

"Is cam chain breakage covered?"

"Is cylinder scoring covered?"

I will post responses verbatum......

With respect Crisp, it's what you get in writing that counts. You seem to know your own mind, but the concensus of most old lag Pork owners around here is to go for the OPC warranty, otherwise you're pretty much wasting your money. Good luck whatever you decide, I think the car you're in is less blighted than most.

I quite agree, I'd not part with any money until I'd seen it written in front of me, hopeful of a good product I might be, foolish I'm not!

[Chrisp5782]

REALIST123 said:

Chrisp5782 said:

Firstly, Warrantywise don't grade their policies in Gold, Silver or Bronze - RAC do I had one and it was toss.

Soovy,interesting and warrants further investigation and another call to them, watch this space.....

Yes they do. Platinum, Gold, Silver and Bronze.

Posted in Car Warranty by Oliver Hammond
0
Two years after ex BBC Top Gear presenter and motoring journalist Quentin Willson joined Warranty Wise and designed our original one size fits all extended car warranty, we listened to customer feedback and let Quentin once again take the lead in designing a tailored, bespoke car warranty platform, calling our extended car warranty plans Platinum, Gold, Silver and Bronze.
Platinum is the most straightforward one, as it covers ALL mechanical and ALL electrical parts of your car against breakdown and failure. Despite naturally costing a bit more than Gold, we still find that the most popular extended car warranty motorists buy direct from us is indeed our Platinum plan.
But the reason we decided to offer used car buyers more choice is that we understand that all cars, circumstances and budgets are different, so giving people the freedom to choose is the best way. Platinum includes as standard Air Bag, Air Conditioning, Catalytic Convertor, Level 4 Main Dealer Labour Rates, MOT Failure and Multimedia (sat nav, audio system, etc), but we realise that not everyone has a sat nav, or a fancy stereo system in their car. So if you choose Gold, Silver or Bronze, you can upgrade it to include air bag cover, for example, if that’s something you’re particularly concerned about.
Our extended car warranty plans really are ‘build your own’ in a very positive sense, so we encourage you to browse the Warranty Wise website to compare the levels of car warranty cover you get from Bronze to Platinum, so you can choose the one you feel best suits your car and your pocket.

In light of the evidence, I stand corrected.

[Chrisp5782]

gibbon said:

thegoose said:

It's less than a grand to have an upgraded IMS bearing fitted which won't fail - job done.

Indeed.

Eeeeoooooowww.

And where would that be, you have to split the engine on a 987 to fit the bearing unlike a 986/996. The bearing is larger than the appature and cannot be changed in situ meaning engine removal and splitting. The bearing kit itself costs best part of £600.

I had an LN Engineering IMS upgrade done on a 2002 986 Boxster at Autofarm and it cost more than a grand.

[Chrisp5782]

We're actually getting away from the purpose of the post.

I was bringing to the attention of forum members the availability of, what appears to be, a decent warranty company that offers an alternative to OPC offered cover.

It isn't an IMS thread nor am I saying you should rush out and buy the warranty.

For the record, I'm not overly worried about the failure of my car.

I'm merely pointing out that, for me, the outlay might well be worth it in the VERY UNLIKELY event of a failure. I know my car is at the lower end of failure risk, I took that in to consideration when I bought it. £500 isn't a lot of money and, should the situation arise, I've saved some cash. i assume you insure your house against the very unlikely event of it burning down?

[Chrisp5782]

I just got off the phone to Porsche, they won't cover my car due to non-Porsche brakes and shocks so that's a no go.

The service manager however did tell me that he has dealt with WW and they pay out on time without quibble and they would be the next best choice.

I asked, out of interest, what it'd cost me if I was eligible:

£180+VAT for the 111 point check.
£740 for the policy for the year.
£1400 for two years.
Servicing done by them.

Not too bad at all and if everything on my car was genuine and hadn't only just been changed I probably would have gone for it.

[Chrisp5782]

gibbon said:

Chrisp5782 said:

We're actually getting away from the purpose of the post.

I was bringing to the attention of forum members the availability of, what appears to be, a decent warranty company that offers an alternative to OPC offered cover.

It isn't an IMS thread nor am I saying you should rush out and buy the warranty.

For the record, I'm not overly worried about the failure of my car.

I'm merely pointing out that, for me, the outlay might well be worth it in the VERY UNLIKELY event of a failure. I know my car is at the lower end of failure risk, I took that in to consideration when I bought it. £500 isn't a lot of money and, should the situation arise, I've saved some cash. i assume you insure your house against the very unlikely event of it burning down?

If the event is so unlickely why pay 1/6 of the event cost to insure against it?

Everyones perception is different, but by your own reasoning the policy is poor value.

Yes i insure my house, but i wouldnt at 1/6 ratio cost to cover. I'd buy a better door and locks.

Do doors and locks prevent fires?