goodwood
- Thread starter Rufus
- Start date
BartyB
New member
I'm sure that the figure you quote includes breakdown and recovery which is optional if you read the small print meaning you could reduce it by a £100 or so. Up until this year I had extended the warranty but having added up the total cost of extending the warranty since purchase and the total cost of warranty work that has been done in that time, it worked out that the total cost of the warranty was twice that of the cost of all the work done. Bear in mind too that in order to maintain cover you must always use Porsche replacement parts. If I factor in the cost of replacing two of the useless Porsche branded Moll batteries (which failed and were not covered by the warranty) with one decent Bosch or Varta battery and things like windscreen wiper blades bought from PCs, the cost advantage swings more in favour of not renewing. And, if you do decide to go ahead, there's the 111 point pre-warranty inspection to get through. Anything untoward like an overspeed logged in the ECU will require further expense to check (£600 to do a compression check) before a new warranty policy can be issued. You pays your money...
Rufus, go have an holiday instead, I would be of the opinion that if it hasnt gone so far then its unlikely to go now. personally though i am comfortable with a bit of risk, Im also quite logical in that Porsche wouldnt offer a warranty if there was any chance they would pay out more on your car than the policy generates, and, as you know Porsche do quite well with the "only genuine Porsche parts" policy and of course they get the servicing too. I do accept that a major issue does cost Porsche a tidy packet but overall the policies generate more revenue than they pay out - this always leads me to never having extended warranty on anything- and so far - I'm well in pocket. Your first warranty extension probably cost you 2% of the value of your car - however, now its more like 10 to 15% - with figures like that id simply get an AA breakdown cover with relay and hire car and at least if the worst happened you could have the car taken to where you want the work doing, good Indies like Revolution are half the price and double the customer service.
Hi, You might want to take a look at warranty direct. They have a Secure Care Lite cover that covers you in the event of a roadside failure. I'm looking at this at the moment. The one year cost is £265, with discounts for 2 and 3 years. They also require parts cost contributions for vehicles over 6 years old. However, I guess labour charges are more of a problem! Cover ceases at 13 years old and although wear and tear IS covered, there is a 90 exclusion if the vehicle doesn't have a current warranty in place immediately before the new cover commences. Labour is covered upto £200 per hour. I'm still debating this myself, but it would cover a catastrophic failure. A link to the cover document is here: http://www.warrantydirect.co.uk/pdfs/SecureCareLite.pdf I'd be interested in everyone's thoughts on this. Cheers, Chris
Don't forget our Business Partner UVW (used vehicle warranty) who provide an excellent warranty tailored for Porsche Club Members. They offer 10% discount to members and PCGB gets some revenue from the sale of every warranty. There are no excesses to be paid and all work to be carried out at your local OPC. Limit is up to the value of the car. Full details are on the website (just click on UVW) and details can be found in Porschefile. I recently made a claim and the procedure was swift and painless. Brendan Daly Operations Director Chairman Motorsport PCGB
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