718 Finance exit options
Discussion
Hi Guys,
I've had a 718 Boxster on a 3 year PCP for nigh on two years and there have been a few problems.
Around a month ago the EGR valve failed and the PDK had a wobble with the reverse gear not being available for selection
No problem, it's under warranty so I called out the AA and they did a tow to the dealer where they identified the EGR issue and replaced it under warranty and advised that the PDK was basically fed bad info from the turbo and disabled itself so no problem.
This weekend I'm heading down the M6 for a wedding and the PDK fails again, only this time it's every gear other than 5th that's not selectable.
So again I get a tow to the local dealer and they are now saying that the gearbox is faulty and needs replacing, it's under warranty but there is a one-month delay in getting the parts.
At this stage I don't care about the car, I've lost confidence in it. Once happens, twice there is a problem.
What should Porsche be offering at this stage and what are my best options for getting out of the PCP (I'm about £5k to the good) without it hitting me badly financially?
I've had a 718 Boxster on a 3 year PCP for nigh on two years and there have been a few problems.
Around a month ago the EGR valve failed and the PDK had a wobble with the reverse gear not being available for selection
No problem, it's under warranty so I called out the AA and they did a tow to the dealer where they identified the EGR issue and replaced it under warranty and advised that the PDK was basically fed bad info from the turbo and disabled itself so no problem.
This weekend I'm heading down the M6 for a wedding and the PDK fails again, only this time it's every gear other than 5th that's not selectable.
So again I get a tow to the local dealer and they are now saying that the gearbox is faulty and needs replacing, it's under warranty but there is a one-month delay in getting the parts.
At this stage I don't care about the car, I've lost confidence in it. Once happens, twice there is a problem.
What should Porsche be offering at this stage and what are my best options for getting out of the PCP (I'm about £5k to the good) without it hitting me badly financially?
Porsche should be offering to fix it under warranty, which they are doing by the sound of it. I'd see if you can get a bit of goodwill too, maybe a free service?
I think your exit options are to sell the car, pay off the finance and pocket the profit (either privately or via We Buy Any Car or similar) or cancel the whole PCP and walk away with nothing if you've paid the required amount off the deal that allows you to do so.
I think your exit options are to sell the car, pay off the finance and pocket the profit (either privately or via We Buy Any Car or similar) or cancel the whole PCP and walk away with nothing if you've paid the required amount off the deal that allows you to do so.
Twinfan said:
Porsche should be offering to fix it under warranty, which they are doing by the sound of it. I'd see if you can get a bit of goodwill too, maybe a free service?
I think your exit options are to sell the car, pay off the finance and pocket the profit (either privately or via We Buy Any Car or similar) or cancel the whole PCP and walk away with nothing if you've paid the required amount off the deal that allows you to do so.
I think your exit options are to sell the car, pay off the finance and pocket the profit (either privately or via We Buy Any Car or similar) or cancel the whole PCP and walk away with nothing if you've paid the required amount off the deal that allows you to do so.
- this above. **
Or sell it to the highest bidder once repaired/WBAC/Motorway/OPC etc etc.
At the least they must be offering you a loan car? Mine did for 2 weeks.
Your in a lucky position at the moment that you have value in your car. You can take the cash and run or wIt a yearvintil the end of your agreement, but you will now run the risk of prices dropping due to real world problems, which seems to be pretty likely.
Your in a lucky position at the moment that you have value in your car. You can take the cash and run or wIt a yearvintil the end of your agreement, but you will now run the risk of prices dropping due to real world problems, which seems to be pretty likely.
thanks for the advice guys.
I'm currently in an Audi Q2 loaner while they try to source the part.
Talking to the service guy it appears it's an array of solenoids that change the gears as per the ECU demands that is the problem but the particular part is difficult to get hold of.
I'll see what the outcome is but I can't think if a single car currently available that does what the Boxster does in the way that it does it at that price point.
I'm currently in an Audi Q2 loaner while they try to source the part.
Talking to the service guy it appears it's an array of solenoids that change the gears as per the ECU demands that is the problem but the particular part is difficult to get hold of.
I'll see what the outcome is but I can't think if a single car currently available that does what the Boxster does in the way that it does it at that price point.
randalf said:
thanks for the advice guys.
but I can't think if a single car currently available that does what the Boxster does in the way that it does it at that price point.
So 2 optionsbut I can't think if a single car currently available that does what the Boxster does in the way that it does it at that price point.
1. Pay the GFV and keep what you have
2. Get the best value you can for it (most likely not from an OPC) and buy a newer version
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