Renewing OPC warranty for resale value?

[Beknown]

My Cayman is currently under warranty but it will have expired by the time I put it on the market.

I am thinking about paying for another year so that it will sell easier/command a premium.

Do you think this is worth while? I certainly wouldn't buy a a £30,000 car with no warranty (I will be selling privately), so I may have answered my own question.

[mollytherocker]

I guess it depends how old your Cayman is really?

[Alpinestars]

Even if you don't get another warranty, you could save yourself a few quid by passing the 111 point check which should give a buyer more confidence.

[thegoose]

You can put the warranty on at any time so I wouldn't bother - let your buyer decide if they'd like to spend c£1200 on it.

[Eleven]

thegoose said:

You can put the warranty on at any time so I wouldn't bother - let your buyer decide if they'd like to spend c£1200 on it.

From memory you have to own the car for 3 months before being able to claim on the policy. Last time, I got the previous owner to warranty it and transfer it to me.

[TheBMWDriver]

When I was buying a Gen 1 997 I was willing to pay upto 4K more for a car that had a 2 year warranty because the warranty is worth around 2k and there will always be a couple of thousand worth of work to be done to get a warranty put on.

The newer DFI cars seem to be much better put together so a warranty is a bonus and I would pay an extra £2k for a car with a warranty but its not as big a deal as it was in the past.

Personally if I was you I would put a warranty not the car you can push them to give you the 111p check for free and drop the emergency service which will keep the cost down.

[TheHound]

DELETED: Comment made by a member who's account has been deleted.

This...If I was buying a modern Porsche privately, I would want a car with warranty.

[countmark]

TheBMWDriver said:

When I was buying a Gen 1 997 I was willing to pay upto 4K more for a car that had a 2 year warranty because the warranty is worth around 2k and there will always be a couple of thousand worth of work to be done to get a warranty put on.

The newer DFI cars seem to be much better put together so a warranty is a bonus and I would pay an extra £2k for a car with a warranty but its not as big a deal as it was in the past.

Personally if I was you I would put a warranty not the car you can push them to give you the 111p check for free and drop the emergency service which will keep the cost down.

Me too

[countmark]

But make sure you're selling privately!

I renewed mine and then part-exchanged it. It had no real value to the new dealer although I did persuade them to offer me 1.5K more in part-ex due to the certainty that it had just passed its 111 checks.

Tip - you can can cancel the warranty within 15 days of taking it out, for a full refund - which I then did in the above case ...

[Adam B]

I bought my 997 turbo with a warranty because it came with one from a non-OPC dealer, but would happily have bought privately without a warranty for £1k less if it passed a 9E PPI with same flying colours. My opinion would be different on a non-Mezger engined car.

Of course an OPC warranty would be a big advantage, but I wanted a good low mileage manual car and beggars can't be choosers.

Edited by Adam B on Friday 17th April 20:36

[Fl0pp3r]

Far. Easier. To. Sell. With. The. Warranty. :-)

[c4sman]

Been said above but do the warranty, car will sell easier and worst case is you will get your warranty money back if not with a premium. Alternative is just pay tor the 111 check whilst still in warranty. Still worthwhile as long as it is definitely a private sale.