Extended Warranty worth it?

Extended Warranty worth it?

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Discussion

Jazzer

1,674 posts

204 months

Thursday 12th April 2018
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TREMAiNE said:
Do you know how it 'works' with the 111 point check.
Hypothetically would Porsche say that I need to replace my tyres (that are at about 2.5mm) or they won't extend the warranty, thus wasting the cost on the 111 point check that I booked in for next week?

Or do they only look at warranty parts?

My car is completely standard.

987.2 S, PDK + Sports Chrono
The check is essentially to ensure the car is in good nick before they cover it....a bit like a medical for life assurance.

I think they’d have to allow legal tyres, but perhaps they would advise replacement when dipping below 3mm?

We’ll soon find out!!

49neil

84 posts

219 months

Friday 13th April 2018
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Twinfan said:
I won't be taking out the extended warranty next year. I have Zunsport grilles protecting the radiators and condensers on my CGTS and there's no way I'm removing them, given the protection they provide. One large stone would give a serious bill not covered under warranty.

The warranty is basically giving you engine, gearbox and electrics cover. It doesn't cover wear and tear parts, and the 981 has proven to be solid so far, so I'll be comfortable without it
My warranty was extended by Tonbridge OPC with Zunsport grilles fitted, no issues

Twinfan

10,125 posts

104 months

Friday 13th April 2018
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What does the extended warranty say about modifications? Does it invalidate the entire warranty, or just parts affected by the modification?

I know the initial manufacturer warranty is the latter, I don't think I've ever seen what the situation is with the extended warranty.

Twinfan

10,125 posts

104 months

Friday 13th April 2018
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Wriggle room for the warranty providers then, I thought so.

I'll have to have another chat with my OPC nearer the time and see if they'll overlook my grilles. Mind you, it might be a moot point if I decide to do further mods.

woodysnr

1,024 posts

228 months

Friday 13th April 2018
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Jazzer said:
The check is essentially to ensure the car is in good nick before they cover it....a bit like a medical for life assurance.

I think they’d have to allow legal tyres, but perhaps they would advise replacement when dipping below 3mm?

We’ll soon find out!!
Tyres have to be no older that 6yrs as well

woodysnr

1,024 posts

228 months

Friday 13th April 2018
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Twinfan said:
Wriggle room for the warranty providers then, I thought so.

I'll have to have another chat with my OPC nearer the time and see if they'll overlook my grilles. Mind you, it might be a moot point if I decide to do further mods.
Why not remove the Zunsport grilles would be the obvious and then get the warranty then refit .
My son fitted ones to his 997GTS last week and said it was a simple job coming from some one who has no technical skills was surprised how easy it was

Twinfan

10,125 posts

104 months

Friday 13th April 2018
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woodysnr said:
Why not remove the Zunsport grilles would be the obvious and then get the warranty then refit .
My son fitted ones to his 997GTS last week and said it was a simple job coming from some one who has no technical skills was surprised how easy it was
I fitted my own grilles, which was fine, but the clips holding them on have massive teeth - they're designed as fit once only. Taking them off will be tricky and completely wreck the plastic bumper inserts. Also, having them fitted when a fault occurs would allow Porsche to potentially blame the grilles for an engine fault e.g. reduced airflow.

You have to play by the rules 100% or not at all IMHO.

n4aat

458 posts

212 months

Friday 13th April 2018
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anonymous said:
[redacted]
Interesting to know. Feel lucky to have passed the 111 point check with a clean bill of health and no extra costs.

Maxym

2,040 posts

236 months

Friday 13th April 2018
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Maxym said:
Interesting; thanks. I'll need to mull over again whether to renew the Porsche warranty on my CGTS when it expires (the warranty, that is) in September. Might be an issue over the Zunsport front grilles though... rolleyes
Been thinking about this. Sounds great but if there's a buck to be had, why pass it on to the customer (most unusual...). Unless it's seen as a way of keeping folk within the OPC network... in which case why not be more open about it?

I'll be chatting to my friendly OPC in due course... wink

Maxym

2,040 posts

236 months

Saturday 14th April 2018
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anonymous said:
[redacted]
Porsche granting lower prices means that a) the warranty insurer gets a bigger profit margin, or b) is able to pass on some of the cost savings to the customer via a lower price, or c) possibly a combination of the two. Scenario b) is passing on the benefit/bucks to the customer. You yourself talk about 'offering the insurance product at a price people will actually pay.' That's a subsidy in favour of the customer. So we're in agreement there. Insurers generally negotiate deals to reduce claims costs for the benefit of shareholders, although competition helps the cause of the punter to some extent. (I work in the insurance world BTW.)

The next question is why Porsche would give up some of its massive mark-up on parts. If that achieves what you refer to as an 'insurance product at a price people will actually pay' then I can't see that having much of a benefit beyond keeping folk within the official dealer network (obviously good for the OPCs).

If what you say about parts prices is true and that some of the benefit of lower warranty claims are passed on to the customer, then Porsche are maybe missing a trick by not mentioning value in its promotional messaging. I'm now interested on that basis (lower maintenance repair costs over the long term), whereas previously I wasn't.

Discussions with OPC will be a subtle exploration. Mind you, if there's no subsidy in respect of labour costs, I wonder how big the £ saving may be.

Maxym

2,040 posts

236 months

Saturday 14th April 2018
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anonymous said:
[redacted]
That's not in dispute, not at issue.

You're like a dog with a bone... With each successive post the value you offer readers progressively diminishes.

Maxym

2,040 posts

236 months

Saturday 14th April 2018
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See what I mean?

Pinball

457 posts

130 months

Saturday 14th April 2018
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Does the extended warranty also include breakdown cover? I’d assume or at least hope it does. I took out extended cover on my previous car, a BMW. The rear diff fell apart about three weeks after the original one had expired following its end of warranty check. Cover was about £400 for a year. They waived the £250 excess, on the repair, too. Repair cost was over £1200. The service guy mentioned that the repair would have been more costly if I wasn’t claiming my under warranty. Can’t remember the exact amount but at least 25% more.

Twinfan

10,125 posts

104 months

Saturday 14th April 2018
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Porsche Assistance costs extra, and can be bought separately to the extended warranty cover.

Pinball

457 posts

130 months

Saturday 14th April 2018
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Thanks. That’s annoying yet unsurprising from Porsche. I had the breakdown cover included with the extended BMW warranty. Makes the costs of extended warranties a bit more palatable when they do.

n4aat

458 posts

212 months

Sunday 15th April 2018
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Pinball said:
Thanks. That’s annoying yet unsurprising from Porsche. I had the breakdown cover included with the extended BMW warranty. Makes the costs of extended warranties a bit more palatable when they do.
Not sure I understand the comment. Porsche separate the costs giving you choice. BMW wrap the costs together restricting choice.

The Porsche warranty at £560 per annum is so cheap given the typical repair cost. A similar BMW or Audi warranty is around double that I believe.

Edited by n4aat on Sunday 15th April 09:59

Wollemi

326 posts

132 months

Friday 20th April 2018
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My OPC has said no problem with warranty with Zunsport grilles being fitted, in fact they recommended that I get them.
And they have just replaced the entire roof on my eight year old Boxster because the elastics have failed.
I’m pretty glad that I have maintained the extended warranty!

Jim A

3 posts

65 months

Friday 16th November 2018
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Having just had a fan go on my Cayman (3 hrs labour plus the value of the part at approx £100), I would say absolutely yes.

PowerMalc

222 posts

144 months

Thursday 11th April 2019
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I will probably renew the Porsche warranty when it's due.
Can anybody point me in the direction of the Porsche website where I can find the
prices for extended warranties? I see now the all the prices for fixed price servicing are online
but no mention of warranty prices.

r1flyguy1

1,568 posts

176 months

Thursday 11th April 2019
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PowerMalc said:
I will probably renew the Porsche warranty when it's due.
Can anybody point me in the direction of the Porsche website where I can find the
prices for extended warranties? I see now the all the prices for fixed price servicing are online
but no mention of warranty prices.
Just give your local OPC a call, IIRC the warranty is a fixed price for your model so shouldn't vary other than if you want 1 or 2 years cover.