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Extended warranty - do I or don't I?

ORIGINAL: smiffy555 As I'd just had a 111point check done, as I wanted to make sure the car was good before it came out of Porsche warranty, they said that a further inspection wasn't necessary. But form memory I think you take it to one of their nominated garages and they check it over at no cost......I think. Better to read the UVW blurb on that one.
Cheers. Definitely worth considering. Thanks for your feedback.
 
Peter, Is this info. still current? I'm not sure that link is still there - or maybe I'm missing something. Regards, Clive.
ORIGINAL: Peter Bull Hi I called the UVW that Brendan has told you about and got the same quote to. I used the code from the PCGB website and without any negotiating it came out the same. As an aside I also asked if this covered the Sat Nav and OPC servicing and it did. It is cheaper if you don’t want OPC repairs. If you go to the clubs website and click the homepage link it will send you to the page where you can get the discount code It well worth a look.
 
ORIGINAL: daly 747 Hi Dan If you go to the Club's website you will see that one of our business partners is "Used Vehicle Warranty" UVW, I have just taken out a warranty with them and after much horse trading I have managed to secure an excellent deal for Club Members. I have paid £798.51 for a 24 month warranty on my 997 C2S, which includes: unlimited claims, up to the current market value of the vehicle, with main dealer repairs and a free initial inspection. Having resourced many other offers I can say that this the best deal going. Warmest regards Brendan Daly RO6 Operations Director Motorsport Director PCGB.
I phoned UVW today for a quote for my 2005 987 Boxster S, all I can say is are we talking about the same company?!? If your car is over 5 years / 60k miles old, they will only cover you for up to 3 claims with a £5k limit on each. But the real issue is the fact that 'consequential damage' is not covered. Therefore, if my IMS bearing decides to lunch itself, the warranty will not pay for damage caused by the failure of the bearing wrecking the entire engine but will pay for a bearing.... What a complete waste of time. Would appreciate someone's thoughts, especially seeing as this was specifically put together for PCGB members.
 
ORIGINAL: Lancerlot Peter, Is this info. still current? I'm not sure that link is still there - or maybe I'm missing something. Regards, Clive.
Hi Clive - Your right it's no longer there - but it should be. I will get onto it tomorrow.
ORIGINAL: Boxstercol I phoned UVW today for a quote for my 2005 987 Boxster S, all I can say is are we talking about the same company?!? If your car is over 5 years / 60k miles old, they will only cover you for up to 3 claims with a £5k limit on each. But the real issue is the fact that 'consequential damage' is not covered. Therefore, if my IMS bearing decides to lunch itself, the warranty will not pay for damage caused by the failure of the bearing wrecking the entire engine but will pay for a bearing.... What a complete waste of time. Would appreciate someone's thoughts, especially seeing as this was specifically put together for PCGB members.
When I had my 997 and the Porsche warranty was about to expire I had hoped to go with UVW and found that they had changed there stance with the policy. They told me that I could have unlimited claims up to a max of £25,000 with a max of £5,000 per claim. Not much good when an engine or gearbox goes pop. They quoted me around £700 pa so it was just not worth it against the Porsche policy of around £850 ( without Porsche assistance - as I had European cover with my insurance) Unfortunately when we took UVW on in good faith the number of resultant claims means the they can no longer offer the good deal that Brendan had in the early days. I guess it's the same across all types of insurance, so it pays to shop around.
 
ORIGINAL: Peter Bull
ORIGINAL: Lancerlot Peter, Is this info. still current? I'm not sure that link is still there - or maybe I'm missing something. Regards, Clive.
Hi Clive - Your right it's no longer there - but it should be. I will get onto it tomorrow.
ORIGINAL: Boxstercol I phoned UVW today for a quote for my 2005 987 Boxster S, all I can say is are we talking about the same company?!? If your car is over 5 years / 60k miles old, they will only cover you for up to 3 claims with a £5k limit on each. But the real issue is the fact that 'consequential damage' is not covered. Therefore, if my IMS bearing decides to lunch itself, the warranty will not pay for damage caused by the failure of the bearing wrecking the entire engine but will pay for a bearing.... What a complete waste of time. Would appreciate someone's thoughts, especially seeing as this was specifically put together for PCGB members.
When I had my 997 and the Porsche warranty was about to expire I had hoped to go with UVW and found that they had changed there stance with the policy. They told me that I could have unlimited claims up to a max of £25,000 with a max of £5,000 per claim. Not much good when an engine or gearbox goes pop. They quoted me around £700 pa so it was just not worth it against the Porsche policy of around £850 ( without Porsche assistance - as I had European cover with my insurance) Unfortunately when we took UVW on in good faith the number of resultant claims means the they can no longer offer the good deal that Brendan had in the early days. I guess it's the same across all types of insurance, so it pays to shop around.
Thanks for your reply. Does this mean that they have had a large number of claims on Porsche cars which has led them to review their offer in just a 12 month period??
 
All As good as my cayman has been over the last 2 years I don't feel confident enough to run it without the Porsche warranty. I shall be buying a further 2 years on March 1st 2014. This is the first car I have ever felt i needed to which is not good for a prestige car image. Concern over a large bill (scare mungering according to my OPC) being the reason. The one claim I had to make was dealt invisibly by my OPC Trevor
 
ORIGINAL: Cayman295 All As good as my cayman has been over the last 2 years I don't feel confident enough to run it without the Porsche warranty. I shall be buying a further 2 years on March 1st 2014. This is the first car I have ever felt i needed to which is not good for a prestige car image. Concern over a large bill (scare mungering according to my OPC) being the reason. The one claim I had to make was dealt invisibly by my OPC Trevor
I'm not confident to run my 987 Boxster without one either, which is why I paid the premium to buy a car with OPC warranty. My warranty runs out at the end of this year & seeing as the car will be 9 & a half years old then i either pay for 12 month renewal of OPC warranty (but only get 6 months cover as OPC warranty will not cover cars over 10 years old) or find a decent aftermarket warranty instead. When I first read the thread that the club had struck a deal with UVW I thought that my prayers had been answered, unfortunately that doesn't appear to be the case.... Back to the drawing board methinks!
 
For them to change the cover they offer, does that mean they were too generous with their original offer? or their industry experience didn't prepare them for the rate of Porsche claims to be higher than they estimated. I.e. they thought the cars were more reliable?
 
Hmmm There is third angle which is loosely connected to your second one - as an example people being charged 3 times what the cost of part replacement is through OPC as opposed to using an indy. The whole scaremongering thing does my head in, however I suspect this is a combo of an not-so-well-researched getting into the market situation coupled to some of the rip offs we see floating around where the Porsche fairy dust seems to move the decimal point to the right at least one place and occasionally more.
ORIGINAL: flat6 For them to change the cover they offer, does that mean they were too generous with their original offer? or their industry experience didn't prepare them for the rate of Porsche claims to be higher than they estimated. I.e. they thought the cars were more reliable?
 
It seems that the representative of UVW at the time all this was set up with the owner club has 'moved on' to pastures new! Maybe he was writing cover that he shouldn't have been i.e covering cars over 5yrs old, cars covered to be repaired at OPC's unlimited claims.......luckily I had all this written down in my policy and as some of you know I've had to have some new gear linkage cables recently. When I rang UVW up to get it fixed they did say that it could not be taken to Porsche, but after producing the email chain between Alistair Lepper (UVW rep') and myself they told me that it was fine as I had OPC repair cover on my policy along with unlimited cover and wear and tear! So glad I kept the email. Dan.
 
ORIGINAL: smiffy555 It seems that the representative of UVW at the time all this was set up with the owner club has 'moved on' to pastures new! Maybe he was writing cover that he shouldn't have been i.e covering cars over 5yrs old, cars covered to be repaired at OPC's unlimited claims.......luckily I had all this written down in my policy and as some of you know I've had to have some new gear linkage cables recently. When I rang UVW up to get it fixed they did say that it could not be taken to Porsche, but after producing the email chain between Alistair Lepper (UVW rep') and myself they told me that it was fine as I had OPC repair cover on my policy along with unlimited cover and wear and tear! So glad I kept the email. Dan.
Good result. Let's hope that someone in the club can negotiate a decent deal from another warranty company as the 'revised' UVW policy isn't worth the paper it's written on.
 
Anybody know of any current alternatives to OPC warranties? I only have a two month gap before I pick up my new car, so what I am after really is reassurance of cover for a big failure, without paying for 12 months cover. OPC are currently saying its 12 or nowt, £800 for two months cover is way too much.
 
That's a very good point. Anybody looking to buy privately would be very reassured to see a car that has just passed the multi point checks and had 10 months transferable Porsche warranty on it. I think you would possibly even get your full money back? If you were otherwise going to part exchange, the car with official warranty may sell very quickly privately and at a better price than trade value too?
 

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