Extended warranty - do I or don't I?

[Buddy]

I think our main concern on the Gen1 engines is cost of replacement! £12-13K is not something that most have around just to replace an engine which ought to last for many years, after all an engine of such cost should be designed, developed and built to last. Also the value of the replacement engines against a trade in are more than 50% and it won't be long before a wrecked engine under warranty may even cause the OPC's to offer a trade in value + to possibly allow the purchase of a Gen2. It could make financial sense but will it happen? Failure rates on the Gen1 engines are probably less than 5% but if it's yours it may as well be 100% as far as you're concerned at the time and the items which are more liable to fail are in the engine regardless of if you tune it for more power or not. Are there any such concerns becoming apparent on the Gen2 engines? Chains are even longer and so tensioners have more work to do, oil pumps? Water pumps? What warranty claims have the Gen2 owners had?

 

[Motorhead]

ORIGINAL: Buddy ...£12-13K is not something that most have around just to replace an engine which ought to last for many years, after all an engine of such cost should be designed, developed and built to last... ...Are there any such concerns becoming apparent on the Gen2 engines? Chains are even longer and so tensioners have more work to do, oil pumps? Water pumps? What warranty claims have the Gen2 owners had?

Regarding your first comment, I couldn't agree more Kevan. I think that Porsche have learnt something from their first foray into watercooled flat-6s and have incorporated a number of significant changes in the Gen 2 core engine which is used in all the current generation of vehicles (including the 911 Turbo and imminent GT3). The elimination of the IMS and the use of the Alusil rather than the Lokasil casting process for the cylinder blocks have presumably been introduced to address known durabilty problems and there are undoubtedly other development updates too. I don't think you'll find that the Gen 2 chain lengths are greater than those on the Gen 1 (if anything, they might be marginally shorter), so there shouldn't be any chain tensioner issues and the crankshaft-to-IMS chain has been eliminated. There are now more oil scavenge pumps and the pressure pump supplies oil "on-demand" - the meshing of the gears is controlled electronically to vary the oil flow. The DFI engine has meant the introduction of a high pressure fuel pump (there's been one recall already!) and more sophisticated fuel injectors. So, more complication and potential for problems, but we'll have to wait and see whether or not Porsche have put to bed their engine gremlins. Jeff

 

[tscaptain]

ORIGINAL: Motorhead I think that Porsche have learnt something from their first foray into watercooled flat-6s

15 years now?[] I think there are some pretty high mileage Gen 2 cars out there now of all models and certainly there do not seem to be any major engine issues - save the HP fuel pump you mentioned which affected all the early DFI engines I believe. That said I'm still taking out the extended warranty (in today as it happens) as other items, apart from the engine, can be a bit pricey to replace!

 

[smiffy555]

If you bought a gen1 car knowing that it had had a new engine due to failure - would you assume that the 'new' engine would be free from the inherent problems??

 

[smiffy555]

Well, the time is fast approaching now (5th March) - so mine is going in to the OPC this Friday for it's 111 point check. They will put right any thing that they find wrong with it under the current warranty policy. I will then go down to Cornbury House on Sunday morning and listen / chat to the UVW warranty representative and see if his policy is better / comparable / worse than the Porsche approved warranty policy (who is this under written by??), then on Monday 4th I will make my mind up which one to go for as my currrent policy runs out on the 5th. Anyone else going along to Cornbury oon Sunday??

 

[tscaptain]

ORIGINAL: smiffy555 the Porsche approved warranty policy (who is this under written by??),

Allianz Versicherungs-Aktiengesellschaft. Bet you're pleased you asked now![] (It is regulated by the FSA for conduct of business in the UK)

 

[smiffy555]

ORIGINAL: tscaptain

ORIGINAL: smiffy555 the Porsche approved warranty policy (who is this under written by??),

Allianz Versicherungs-Aktiengesellschaft. Bet you're pleased you asked now![] (It is regulated by the FSA for conduct of business in the UK)

Who?? []

 

[tscaptain]

A subsidiary of this lot....[] http://en.wikipedia.org/wiki/Allianz They seem to have a bit of money behind them![]

 

[Motorhead]

ORIGINAL: smiffy555 Well, the time is fast approaching now (5th March) - so mine is going in to the OPC this Friday for it's 111 point check. They will put right any thing that they find wrong with it under the current warranty policy. I will then go down to Cornbury House on Sunday morning and listen / chat to the UVW warranty representative and see if his policy is better / comparable / worse than the Porsche approved warranty policy (who is this under written by??), then on Monday 4th I will make my mind up which one to go for as my currrent policy runs out on the 5th. Anyone else going along to Cornbury oon Sunday??

Unfortunately I won't be able to be there on Sunday but, along with others no doubt, would be very grateful if you could give us a brief resume of what the UVW rep had to say. Jeff

 

[smiffy555]

ORIGINAL: Motorhead

ORIGINAL: smiffy555 Well, the time is fast approaching now (5th March) - so mine is going in to the OPC this Friday for it's 111 point check. They will put right any thing that they find wrong with it under the current warranty policy. I will then go down to Cornbury House on Sunday morning and listen / chat to the UVW warranty representative and see if his policy is better / comparable / worse than the Porsche approved warranty policy (who is this under written by??), then on Monday 4th I will make my mind up which one to go for as my currrent policy runs out on the 5th. Anyone else going along to Cornbury oon Sunday??

Unfortunately I won't be able to be there on Sunday but, along with others no doubt, would be very grateful if you could give us a brief resume of what the UVW rep had to say. Jeff

Of course - no problem.

 

[Peter_Bull]

ORIGINAL: JamieWilson ......I haggled with my local OPC to the best price for warranty... Checked with a few others also... Bottom line the warranty costs £660 no vat plus whatever they do the check for. If you can get the check for free, good call for £660 I think it's good value and you can sleep for 1 year. I got them to £750 for the full deal which is ok... Fingers crossed for a claim now??? Good luck[&:]

Hi Jamie No idea how you managed that price ! I went in the OPC (assuming its the same one we both use) and they quoted me over £1250 (inc) for a year! They will haggle over the cost of the inspection but that won't bring it down much. Is a Boxster warranty cheaper than a 997? I can't see why it should be. Even if it is there's a vast difference in the price you got and my quote.

 

[Dylan1]

ORIGINAL: Peter Bull

ORIGINAL: JamieWilson ......I haggled with my local OPC to the best price for warranty... Checked with a few others also... Bottom line the warranty costs £660 no vat plus whatever they do the check for. If you can get the check for free, good call for £660 I think it's good value and you can sleep for 1 year. I got them to £750 for the full deal which is ok... Fingers crossed for a claim now??? Good luck[&:]

Hi Jamie No idea how you managed that price ! I went in the OPC (assuming its the same one we both use) and they quoted me over £1250 (inc) for a year! They will haggle over the cost of the inspection but that won't bring it down much. Is a Boxster warranty cheaper than a 997? I can't see why it should be. Even if it is there's a vast difference in the price you got and my quote.

Yes it is a lot cheaper Peter - I paid £1450 for two years boxster warranty at my opc including the full European cover and 111 pt check

 

[rob.kellock]

ORIGINAL: JamieWilson ... Fingers crossed for a claim now???

Would Sir like a new steering rack with his warranty? Talk about tempting fate []

 

[zeb]

ORIGINAL: Peter Bull

ORIGINAL: JamieWilson ......I haggled with my local OPC to the best price for warranty... Checked with a few others also... Bottom line the warranty costs £660 no vat plus whatever they do the check for. If you can get the check for free, good call for £660 I think it's good value and you can sleep for 1 year. I got them to £750 for the full deal which is ok... Fingers crossed for a claim now??? Good luck[&:]

Hi Jamie No idea how you managed that price ! I went in the OPC (assuming its the same one we both use) and they quoted me over £1250 (inc) for a year! They will haggle over the cost of the inspection but that won't bring it down much. Is a Boxster warranty cheaper than a 997? I can't see why it should be. Even if it is there's a vast difference in the price you got and my quote.

He signed some autographs and flashed those pearly whites peter.....works everytime for young jamie you know [] That appearance on the X factor helps you know...[]

 

[Peter_Bull]

ORIGINAL: dyllan Yes it is a lot cheaper Peter - I paid £1450 for two years boxster warranty at my opc including the full European cover and 111 pt check

Thanks Dylan. I cant see why there should be such a difference in price. Just seems a little biased to me.

ORIGINAL: zeb He signed some autographs and flashed those pearly whites peter.....works everytime for young jamie you know [] That appearance on the X factor helps you know...[]

I need to take Jamie with me before I sign on the dotted line! Fancy a beer or two matey.................................???

 

[cayman]

I extended the warranty two years ago for two years and am thinking what to do now. Its a March 2009 Gen 2 Cayman, PDK, red leather & sports chrono plus etc, with only 9,500 miles on the clock. Yes must use more. The best I can get so far is:- Extend Warranty one year £829. Major service as 4 years old £610 Breakfluid £150 111 point £216 incl VAt Total cost £1,805 less no roadside assiatance £150 Total £1,655 Total price offfered £1,538 a saving of £127 to list price, not much of a deal given there must be overlap between the 111 point check and a major service. This incl PCGB membership discount I am told. Alternative is to go with UVW for the warranty at £377 a saving of £550 on the warranty and I think no need for a 111 point check. Must admit to being in two minds about buying the Porsche warranty, particularly as I cannot make up my mind about how much longer I wish to own this car. Views welcomed.

 

[Motorhead]

Martin, Any reason why they won't extend the warranty for 2 years on a 2009 Cayman? I thought that cars up to 8 years old and on warranty are elligible for another 2 years extended warranty. Jeff Edit: Apologies Martin, I submitted while you were editing your post. I'd certainly question why they're wanting to charge you the full price for the 111-point check when most of the items should be covered by the comprehensive 4-year service. If you can, get a competitive quote from another PC and confront them with that. Clearly, they're not that interested in your business. The UVW quote seems very cheap in comparison but no-one has posted their experiences on here about making a claim, so it's an unknown quantity at present. Jeff

 

[Buddy]

Martin, your car seems to have a good spec and as you say, you must get out in it more! Don't forget that if you sell privately or through non-franchised dealers the warranty can be transferred so it's a selling point.

 

[Wilsonjr]

Sorry to hear that Dylan! Thank god you had the warranty... I have just extended mine & they picked up on inspection a fault on the steering rack. replaced plus full geometry setup .... 2.5k ... Warranty paid for.... I won't run one without one for £750 a year it's a no brainer... Enjoy the engine Dylan []

 

[dominique]

Hi Guildford are waiving my inspection fee and I'm only having a minor service and MOT next week so I'd definitely push for that at least.