Porsche "advertised price includes optional warranty" etc

[bungle]

What am I missing here in my understanding? Why is the warranty and breakdown classed as "optional"? Will they give you a price without these if you ask for it, and how many people will actually buy a car without?

I may be being thick here, but what's the purpose of this statement? (some sort of tax trick, as if it's optional it's treated differently??).

Porsche website said:

Included in the advertised price of every approved pre-owned Porsche is a minimum of two years warranty and Porsche Assistance breakdown cover, as element of which may be optional.

[Porsche911R]

I some times only take 1 year.

[Koln-RS]

yes, because it's a financial product, you are entitled to take it or leave it.

[bungle]

Thanks both. So what sort of "discount" do they offer if you don't want them? (I would want them; I'm just interested in knowing though).

Never seen it with any other manufacturer, so just stood out as being odd.

[Twinfan]

Here are the current costs to buy it as an owner wishing to extend your warranty:

	12 mths	24 mths
Warranty	£660	£1,270
Porsche Assistance	£169	£275

[red997]

that differs to the letter i got in the post this morning !

Warranty extension 12 months, £1020, 24 months £1840
Stand alone Warranty 12 months £1100, 24 months £1920

either are subject to the 111 point vehicle condition check & subsequent rectification

Doesn't state that it includes recovery / assistance either !

[Magic919]

Costs vary across the Porsche range.

[Twinfan]

Yep, depends on the car. My figures are for 981 Boxster/Cayman I believe.

[zed4]

I just bought a used Porsche from an OPC. The car was £x, the invoice was made out as car = £x minus warranty cost, then warranty and recovery on a separate invoice line. Think it was nearly £2000 for two years warranty and recovery.

[jonttt]

Assuming you are talking used approved OPC cars It can be complicated and different for each car even depending on what warranty the car originally came with if pre the change to standard 3 years eg

Up only relatively recently a new car came with 12 months warranty and an optional 2 year extended warranty. So the first buyer had to choose which they wanted. Then porsche changed to a standard 3 years (to bring them in line with your actual statutory rights lol). So depending on the age of the used approved car they can be either.

Both of these initial warranties are offered by porsche “the manufacturer”.

When OPC sell / advertise used approved they include an additional “warranty” which is offered as not part of the intitial build / “porsche manufacture” warranty. This cost is automatically included in the price advertised. It is based on a 2 year period. If you just buy the car with it the actual effective warranty you get on the car can vary. Eg if there is 1 year of the original built warranty still on the car then you effectively get 3 years as the 2 years new approved warranty starts after the build warranty expires. This is what I got when I bought mine, effectively I got two warranties, 12 month of original build warranty plus 2 years used approved on top. This seemed very confusing for porsche as I kept on getting an incorrect warranty card, took me 4 versions for them to get the expiry date correct sigh....

nb the initial build warranty is transferable to any subsequent owner (subject to normal T&C’s) but the approved used warranty is only transferable if sold privately (ie not via trade whether that be OPC or none OPC) so far as I’m aware.

Any this is what I did,

Car was advertised at £58k (which included 2 years new approved warranty and recovery etc...)

I asked what the remaining build warranty was left, they confirmed it had 12 months left as the first owner had purchased the 2 years extension when new.

I was looking to buy the car for £55k cash and was happy with a 12 month warranty, anything more was a bonus so that was my bottom line.

I asked them how much the car would be without the extra 2 year new approved warranty, they said £55.5k so that valued the used approved warranty / recovery at £2.5k on the car.

30 min of negotiation later I walked away with .....

- balance of build warranty 12 months (give or take a week)
- 2 years used approved warranty and recovery starting on expiry of original warranty effectively giving me 3 years warranty (on a two year old car)
- Swisswax treatment
- agreed price £55k

I was more than happy with that as in my mind I got extra 2 year warranty for nothing..... it was the right spec car for me (I travelled 3 hours to view it) so I was just happy with the car and the extra warranty will add a value if I decide to resell within its term.

Also worth noting I had done the deal with them at £55k excluding swisswax. They put that on the table at the end and wanted £500 for it. I said no, they dscounted it to £300 and could tell I was tempted. My dilemma was I would normally just do this myself but I was to pick the car up at the start of a 3 day business trip the following week in February and so liked the idea of it being done before I got it dirty again and made the job harder. After a bit of a “chat” they gave it me for free (to my pocket) buy discounting the car further. The invoice showed the Swisswax at £500 on the invoice with the total price being £55k. I did ask if I could just have the further discount and they said no. It was obvious the “wax” treatment is just a dodge by them in terms of how profits are divided up on the invoice value. Was no concern to me as I just got the wax treatment for free (and the associated goody bag on collection).
Nb I believe they are all moving to the ceramic coatings now which have to be applied by 3rd party companies so probably not the same options now ie it does not cost them just the £50 for the “kit” anymore ?

The final invoice showed something like :

Car £52,000
2 years approved used warranty £2,500
Swisswax £500
Total £55,000

Could I have got the car for £52,000 with just the origiginal build warranty balance of 12 months ?..... no believe me I tried, the bottom line to them on the car was £55k so far as I could see, once the bottom line was established it was all about how the invoice was broken down and what I got included. They almost encouraged me to get he extended warranty and swisswax included so it was obvious that was much better for them in some way. I was a bit of a bizarre negotiation lol.

You also have to factor in the car had only just come up for sale (I was checking every day) and was one of the cheapest yet highest spec on the OPC network ie I’m confident the car was not overpriced, if anything it was underpriced which is why I jumped on it the day after.

Anyway, hope my experience helps explain how it seems to work in the real world (this was last Feb 2017)

Nb other things that may have been a factor, I was a cash buyer (funds where paid across striaght away) and although not known to that dealership I did turn up in a much more expensive car than I was buying ie they knew I was not a tyre kicker and a deal was to be done there and then, it was the end of Feb which in my experience is always a great time to do a deal to hit sales targets.

Edited by jonttt on Sunday 22 October 11:01

[bensimmo]

I never bother with Porsche assist as I have breakdown cover included in my insurance, also if the car breaks down (the last 3 cars have) then I have have it recovered to an OPC - if they can't turn it around in quick enough time they will provide you with a courtesy vehicle anyway.. £200+ for 2 years in my pocket .. thanks! Also note that when you buy the extensions to the warranty it adds the 2 year period to the end of the warranty not to the date of the purchase - if you can haggle on that at the point of purchase then it saves you having the 111 point check which in my experience is an opportunity for some of the OPCs to go over your car and fail it on anything they find and insist on you putting this right before they issues it... expensive don't let them take the mickey...

[jonttt]

Agreed I already have car recovery through my bank but the point was to me it was free ie the price I paid was the lowest I could get them to. If they include recovery and warranty in that price then its effectively free to me just down to how they want to split their profit up. It was a bizarre negotiation as I effectively just got £3k of the asking price which is what I set out to achieve, to get their was via a route I did not expect ie via negotiating the warranty split and getting 3 years where I had expected 2 years before I arrived.

To be clear re the warranty, I don’t have to get an inspection done at the changeover from build warranty to used car warranty as it’s seamless. I believe if there is a break in warranty then the inspection is required to add a warranty back on.

Edited by jonttt on Sunday 22 October 13:02

[DJMC]

jonttt said:

To be clear re the warranty, I don’t have to get an inspection done at the changeover from build warranty to used car warranty as it’s seamless. I believe if there is a break in warranty then the inspection is required to add a warranty back on.

Edited by jonttt on Sunday 22 October 13:02

Also, to be clear, at each warranty extension you to have the 111 point check done. Prior to my May'14 981's warranty expiring at the three year point I asked for a 2 year extended warranty. The 111 point check was mandatory.

[jonttt]

Mmmm why does mine not need an inspection then? Ie it just seamlessly moves from build warranty to used approved warranty. There must be various criteria so best to just check in each case.

[Magic919]

When you buy approved used it's possible to get more than a 2 year warranty. At the expiry of the extended warranty, the car will need an inspection to renew.

[tedblog]

Im pretty sure that the AA do Porsche's breakdown and recovery?

[Magic919]

tedblog said:

Im pretty sure that the AA do Porsche's breakdown and recovery?

https://www.youtube.com/watch?v=UtVjRG7PB_4

[Ness_ola]

Im looking at this right now with my car. Basically the warranty that was included when I purchased it is about to run out and Porsche West London said that they will only extend the warranty if it passes the 111 check which will cost me £216 first. It is also due a service which I have booked in for the start of Feb but I am worried that they will find any excuses under the 111 check to not warranty the car unless I fork out big ££ to fix things first that they find under the check.

What are your experience with this? Its my first Porsche (which Im in love with!!!!)

[Porsche911R]

Ness_ola said:

Im looking at this right now with my car. Basically the warranty that was included when I purchased it is about to run out and Porsche West London said that they will only extend the warranty if it passes the 111 check which will cost me £216 first. It is also due a service which I have booked in for the start of Feb but I am worried that they will find any excuses under the 111 check to not warranty the car unless I fork out big ££ to fix things first that they find under the check.

What are your experience with this? Its my first Porsche (which Im in love with!!!!)

Why would you fork out to fix things, the cars under warranty ! .

[Koln-RS]

And most OPCs don't charge for the 111 point check if the car is being serviced at the same time.