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Porsche Extended Warranty - is it worth it?

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As with all insurance obviously the answer is no, otherwise they wouldn't be making any money from it. So I am not going to ask for advice on whether or not to take it, I just want to know how many people have had a serious problem with their car between the 2nd and 3rd year of its life?

Now, the bathtub curve would suggest that, having made it through 2 years of life, my car will continue to run without problems until bit starts to wear out. Since it's a Porsche and pretty well engineered, I wouldn't expect this to happen before its third birthday. Which begs the question, why do Porsche offer such a stingy warranty, is there an engineering flaw (RMS problems?) just waiting to cause a major problem? Any advice welcome!
John
 
Between years 2 & 3 the aircon developed a problem that needed the dash out. Car was in the garage for 2 days. Aircon is covered by the warranty. At the time my car was covered by my employer, so they picked up the tab.

Don't forget the policy includes European breakdown assistance, so you should partition the policy cost accordingly.

By the way, I'm a convert to having the policy, when somebody pointed out hte cost of a new engine - rare maybe for a failure to need such a resolution, but self-insuring for that amount wasn't on.
 
I had an intermediate shaft failure at 19K miles and two months short of 3 years old - a new engine was needed. I had not taken out the extended warranty as the car does under 7K miles per year. However, the dealer and Porsche GB readily offered a new engine under goodwill. Their reaction to what could have been a disastrous episode was exemplary.
 
ivor

interesting in my 52 plate Boxster S I had a return drive shaft failure at 19k miles also this was well within warranty and also required a new engine - was this a common fault with that generation boxster S? Again the OPC didn't quibble and sorted a new engine out

After that experience I paid for the extended warranty, I did not want to take the risk. A point in the cars favour that was the only thing that went wrong with it in ~50,000 miles

its peice of mind vresus a very low likelhood of anything going wrong
 
I also had Int. Shaft bearing failure requiring a new engine in '03 at 27000kms..The extended waranty and dealer service was brilliant, in transporting the car to and from Sydney(800kms. round trip)& providing a rental car for the 3 weeks because they had to fly an engine in from Germany! It turned out to be a late 04 engine into the bargain. The new engine has 2 year waranty but they still insist on you paying the full amount for the annual extended waranty. However I was delighted with outcome.
At present in discussion about a "main bow push bar" socket failure repair under waranty.Hope they come to the party as the part --2 off is A$ 105 ea. It looks as though it would cost about A$10 to make , but after all it is a Porsche!!!!!!
Cheers,
Glenn
 
I recall from another thread, comment that if an item is not explicitly excluded in the policy then, in England at least, it is included. Hopefully discussion should be short once that is established.
 
I had no faults at all in 4 years and 57k miles in my old 986 2.7, and have so far had no faults in my current 987 however I will be taking out the extension whent the car reaches its second birthday in July.
 
A couple of thoughts....

A good number of cars are now approaching the cut-off point for Porsche Extended Warranty by virtue of their age or mileage.

It's a shame that the Club can not provide such cover at a reasonable price.
 
Good point

it would be nice if they did, I'm sure there'd be a good take up if it was offered.
 
John,

a warranty supplier that covers to 20 years old (from memory) was mentioned at the Board Meeting, so watch this space
 
Have to say Porsche sure try hard to please!
In my earlier post I said I had requested they consider the "main bow push bar socket" failure under the Extended Waranty.
Well they replied that it was not covered but as a good will gesture would supply the parts free of charge. It took me 30mins to fit and all is O.K.
Cheers,
Glenn
 
ORIGINAL: insatiable

Have to say Porsche sure try hard to please!
In my earlier post I said I had requested they consider the "main bow push bar socket" failure under the Extended Waranty.
Well they replied that it was not covered but as a good will gesture would supply the parts free of charge. It took me 30mins to fit and all is O.K.
Cheers,
Glenn
Click to expand...

I fail to see how it isn't covered?
 
It's all a but hit and miss with the warranty.
I had one OPC tell me my tangled fuel sender (giving me incorrect fuel readings) would not be covered under warranty.....another replaced it no questions asked.
 
The documentation is not good, but I maintain if it doesn't say it's excluded then it's included. Surely the test is the spirit of the agreement; that you've taken this warranty out to cover against parts failure, and unless it is brought to your attention at the time of entering into the contract, either in the booklet or perhaps verbally, then your expectation is that it is covered. Wear and tear might be a grey area - but that covers tyres, brakes and suspension components (dampers). I worked with contract attorneys on some fairly major contracts in my last role, which is why I think this way. I think a couple of members are in the legal profession, any comments? After all Porsche claims over 60% of its cars ever made are still on the road, a claim intended to indicate reliability rather than a dedicated owner base prepared to shell out for every fault to keep them there[;)]. And if tested in court, Porsche's financial performance is not going to gain favour when it comes to "I'm little and have pruchased a warranty, and the big corporation is making me pay for something I can't find any reason for not believing isn't covered."
 
Year three bought 3 split liners - new engine under extended warranty,

Sticks in my throat that I have to pay for it, bit it does buy a comforting blanket of security in the event of any thing major failing.

Had hoped the extended warranty would've covered a failed wheel bearing last year at 25k miles, but no. Apparently, according to Porsche GB, wheel bearings are "wear and tear" items The reason being they go "round and round"....thanks for the enlightening engineering lesson Porsche GB

Can't help but feel the success, or otherwise, of some warranty claims has a lot to do with how the OPC pushes Porsche GB for authorisation. Seems to be a few inconsistencies in what has been repaired and what hasn't around the bazaars - a bit hit and miss.

Amongst all my documentation I don't have anything that tells me what is and what isn't covered...anyone point me in the right direction please? (OPC's are too vague)
 
When they replaced my engine at 27000kms. under the Extended Waranty they also replaced a rear wheel brg. but did point out it was as a "goodwill gesture". Seems to me the Dealer/Porsche relationship might be a factor also how keen the dealer is to keep you as a customer!
Cheers,
Glenn
 
I had a wheel bearing replaced under the initial 2yr warranty. So how does that work then - doesn't it go round for the first 2 years?
 
So I took out the extended warranty after RMS failure... Thinking it might help if there were any other problems. (yes, I was feeling "flush" at the time...)

Guess what, the RMS "secondary" seal then fails.So phew! - warranty to the rescue...

I think that having a friendly dealer and Service Dept helps in these claims.
(I know all OPCs should be fair and equitable but..)
 
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