Extended warranty - pros and cons?
Discussion
3 year warranty ends May. Thinking of extending by 2 years for circa £1300 via my OPC. Mileage will be 34k.
Is the extended Porsche warranty akin to the first two years cover, or the lesser third year, or is it worse still?
Has anyone gone 3rd party warranty and why?
What are downsides to the official extended warranty? E.g. battery then has to be £250 Porsche one rather than £80 Bosch.
Thanks for any suggestions/info.
Is the extended Porsche warranty akin to the first two years cover, or the lesser third year, or is it worse still?
Has anyone gone 3rd party warranty and why?
What are downsides to the official extended warranty? E.g. battery then has to be £250 Porsche one rather than £80 Bosch.
Thanks for any suggestions/info.
tyres battery etc etc
no point going 3rd party imo
have a slush fund or go Porsche.
Not a lot is covered though, not the bits what wear out any way, rads, diff, clutch, brakes, sus, nothing covered !
Body is covered for 10 years, every thing else wears out and is not covered, so you are buying an engine and gearbox warranty and that model has no engine issues.
every thing else your slush fund would cover.
no point going 3rd party imo
have a slush fund or go Porsche.
Not a lot is covered though, not the bits what wear out any way, rads, diff, clutch, brakes, sus, nothing covered !
Body is covered for 10 years, every thing else wears out and is not covered, so you are buying an engine and gearbox warranty and that model has no engine issues.
every thing else your slush fund would cover.
Yes, I had the same thoughts. I saw on car SOS there is a company in Sheffield (iirc) which tests a sample of oil to tell you how "well" your engine is. Measures metal deposits of differing types to explain what is wearing internally and by what percentage. My 981 has never used a single drop of oil but that doesn't preclude a catastrophic failure.
I presume electrical stuff is covered, so you'd be buying an engine/gearbox/electricals warranty. I'm not sure it's worth the cost given the amount of consumable stuff that isn't covered - suspension, radiators/condensors, discs/pads, clutch, tyres etc. Putting the money into a slush fund makes more sense to me.
There's much more than engine, gearbox covered. Electrical as said (excerpt battery) suspension(excerpt shocks)/radiators/compressors etc are all covered. Roof mechanism/leaks, brakes (but not pads/disk). I fact anything that you would expect is covered.
The down side is the cost and the requirement to keep the car original spec. If totally depends on your attitude to risk. Do you fork out £1300 + over 2 years or nothing but risk £5k -£10k when your are the very unfortuanate one whose PDK dies.
If you look at the Harlech or Revolution maintenance plans £100/month then the Porsche warranty doesn't look too bad.
The down side is the cost and the requirement to keep the car original spec. If totally depends on your attitude to risk. Do you fork out £1300 + over 2 years or nothing but risk £5k -£10k when your are the very unfortuanate one whose PDK dies.
If you look at the Harlech or Revolution maintenance plans £100/month then the Porsche warranty doesn't look too bad.
One really has to think of it being an engine and gearbox warranty imo.
The following non-exclusive list of parts can be affected by wear and tear:
• Exhaust system including catalytic converter
• Spark plugs
• Drive belt
• Drive shaft bellows
• Synchroniser rings
• Differential lock
• Clutch incl. release bearing
• Steering-joint bellows
• Shock absorbers
• Tyres
• Tyre sealing system
• Wheel bearings
• PDCC reservoir
• Brake pads
• Brake discs
• Air conditioning refrigerant
• Fuses
• Batteries
• Wiper blades
• Floor mats
• Fire extinguisher
• Door seals
• All filters, hoses, fluids,oils and greases
• All bulbs
The following non-exclusive list of parts can be affected by wear and tear:
• Exhaust system including catalytic converter
• Spark plugs
• Drive belt
• Drive shaft bellows
• Synchroniser rings
• Differential lock
• Clutch incl. release bearing
• Steering-joint bellows
• Shock absorbers
• Tyres
• Tyre sealing system
• Wheel bearings
• PDCC reservoir
• Brake pads
• Brake discs
• Air conditioning refrigerant
• Fuses
• Batteries
• Wiper blades
• Floor mats
• Fire extinguisher
• Door seals
• All filters, hoses, fluids,oils and greases
• All bulbs
Under my one year extended warranty, I had the "sticking" heater fan motor replaced as well as the infamous brake pedal rubber bush.
In total, the 2 bills would have been virtually the same as the cost of the warranty (£660). In neither case was there any query from my OPC as to whether or not the warranty covered these repairs.
When this warranty expired, I took out a new 2 year warranty for £1190. At the equivalent cost of 3 pints of beer a week, this is not expensive for a hard driven sports car such as a Porsche and given the complexities of the PDK box, a high revving engine and highly complex electronics. By comparison, Mercedes wanted £860 for a 1 year extended warranty for my 3 year old diesel C Class chugger.
Yes, there is the option of self insuring and sticking the money under the mattress. Each to their own.
In total, the 2 bills would have been virtually the same as the cost of the warranty (£660). In neither case was there any query from my OPC as to whether or not the warranty covered these repairs.
When this warranty expired, I took out a new 2 year warranty for £1190. At the equivalent cost of 3 pints of beer a week, this is not expensive for a hard driven sports car such as a Porsche and given the complexities of the PDK box, a high revving engine and highly complex electronics. By comparison, Mercedes wanted £860 for a 1 year extended warranty for my 3 year old diesel C Class chugger.
Yes, there is the option of self insuring and sticking the money under the mattress. Each to their own.
From my warranty docs, Below is an exhaustive list of items that if they fail due to wear and tear will not be covered:
Wipers
Tyres
Brake pads/disks
Shocks
Clutch disk and pressure plate
Drive belt/tension roller
Spark plugs
Batteries
Expansion tank PDCC
Refrigerant
Bulbs (except xenon and led)
Filters fluids, oils and grease
Bear in mind if any of these fail prematurely they are still covered, I don't think anyone would reasonably expect a warranty to cover the above indefinitely.
Wipers
Tyres
Brake pads/disks
Shocks
Clutch disk and pressure plate
Drive belt/tension roller
Spark plugs
Batteries
Expansion tank PDCC
Refrigerant
Bulbs (except xenon and led)
Filters fluids, oils and grease
Bear in mind if any of these fail prematurely they are still covered, I don't think anyone would reasonably expect a warranty to cover the above indefinitely.
craigjm said:
There is a huge list of exclusions. My car threw its drive belt when under extended warranty. They covered the belt and labour and I ended up having to pay for a seized engine pully which caused the break as they said it was a consumable!
Haha!! Jokers. How much was the bill?V800MJH said:
craigjm said:
There is a huge list of exclusions. My car threw its drive belt when under extended warranty. They covered the belt and labour and I ended up having to pay for a seized engine pully which caused the break as they said it was a consumable!
Haha!! Jokers. How much was the bill?Jabbah said:
How about the PDK clutch?
PDK internals are good for the life of the car. They never need replacing. The only issue would be a "failure" but these are very rare I understand. My E46 330ci was good for 125k miles, engine wise, at which point it was sold, but the manual transmission had to come out when the stick stopped returning to centre around 100k.
Didn't extend the warranty on that £40k+ car so why am I so bothered with the Cayman? I guess the 981 engine is more expensive, but why should it be prone to failure any more than the BMW's?
DJMC said:
Didn't extend the warranty on that £40k+ car so why am I so bothered with the Cayman? I guess the 981 engine is more expensive, but why should it be prone to failure any more than the BMW's?
It isnt and all the issues you hear on here about scored bores and IMS valves etc are for earlier engines and I suspect blown out of proportion on motoring sites like this vs the huge number of people not using this kind of media.Any warranty is just to insure a risk. Whether you take it is down to your level of acceptance of risk
DJMC said:
PDK internals are good for the life of the car. They never need replacing. The only issue would be a "failure" but these are very rare I understand.
I know that's what they say, but the PDK clutches are wet multiplate ones which will inevitably wear to some extent (unlike torque converters which don't - only the oil deteriorates). I have to think that there are circumstances - eg an ex PEC car where launch control has been used many times - where one of the clutches did wear out. Given the high cost of the fix I'd want that to be fixed - but I somehow doubt it is covered.
bcr5784 said:
I know that's what they say, but the PDK clutches are wet multiplate ones which will inevitably wear to some extent (unlike torque converters which don't - only the oil deteriorates). I have to think that there are circumstances - eg an ex PEC car where launch control has been used many times - where one of the clutches did wear out.
Given the high cost of the fix I'd want that to be fixed - but I somehow doubt it is covered.
Fortunately I don't have launch control, but the car was a PGB staff car for the first six months of its life at HQ in Reading. That "unknown" period of its life leans toward a warranty. The first owner was very laid back and the car shows no signs of abuse. It too treat it with kid gloves until up to temp and even then don't thrash it. Well... apart from the "half day warm up" at the PEC when I first bought it. But even that has a positive slant, in that nothing broke!Given the high cost of the fix I'd want that to be fixed - but I somehow doubt it is covered.
DJMC said:
Fortunately I don't have launch control, but the car was a PGB staff car for the first six months of its life at HQ in Reading. That "unknown" period of its life leans toward a warranty. The first owner was very laid back and the car shows no signs of abuse. It too treat it with kid gloves until up to temp and even then don't thrash it. Well... apart from the "half day warm up" at the PEC when I first bought it. But even that has a positive slant, in that nothing broke!
I can understand that since you do a relatively high mileage. However I would want clarity over PDK - it's a non-repairable item and the cost of replacement is going to be over £6000, so I believe.My 3rd year warranty expires in May this year, CGTS 9k miles. Earlier this week I had a new dynamic engine mount fitted, second one in just under three years, at an approx cost of £700 plus labour.
I asked about extended warranty costs for a further two years and was told I would have to have the car inspected, approx £200, around £800 without recovery and approx £1200 with recovery.
I will probably go with the £800 without recovery....sorry I can't be more accurate on the costs ;-)
I asked about extended warranty costs for a further two years and was told I would have to have the car inspected, approx £200, around £800 without recovery and approx £1200 with recovery.
I will probably go with the £800 without recovery....sorry I can't be more accurate on the costs ;-)
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