Aftermarket Warranties, Any Ideas

Looking to purchase a pre-owned 2002 C4S. I'm scaried to death of the possibility of something going wrong and the cost associated with the repairs. Anyone know of a good aftermarket warranty company?

Heh. I spent a few months dithering about this last year and didn't do it. The two companies I was considering just folded. Put your money in the bank.

GE Finance has a warranty available. Check with your dealer to see who they resell.

If you can't afford to fix the car, don't buy it. Sorry to be so blunt.

That's more elitist than blunt. Anyone who would rather pay $10k to a dealer for problems a $3k warranty would cover just seems stupid to me. Sorry for being so blunt.

"That's more elitist than blunt. Anyone who would rather pay $10k to a dealer for problems a $3k warranty would cover just seems stupid to me. Sorry for being so blunt." A Harsh reply, but well deserved after what he said I can certainly afford one as well, but after hearing about possible engine blowups (10-14k repair) I'd consider a warranty as well. __________________

In the same boat as you. After looking around I will probably consider 2 options: CPO or Warranty Direct. I have no firsthand experience but Warranty Direct seems to compare favorably to other extended warranty companies from what I have heard.

warranty direct doesn't cover the porsche 911.. i tried to get them... no luck.. no extended reputable warranty company that i've ever seen covers the porsche 911 due to the potential for catrastrophic failure and costs associated with it.. but they will cover an old 1980s benz, bmw or other german car..

Are you sure? I just got an online quote for a 2002 C4S from the website and a telephone sales rep assured me they will insure a 2002 C4S. At what point in the application process did Warranty Direct deny coverage? Was the car a TT? I think I read somewhere they won't insure any twin turbo vehicles.

Seems like they cover 911 - I know for sure that they cover Boxsters - I had talked with their rep about covering mine.

I purchased an EasyCare Warranty through my dealer when the factory warrantly was expiring. In almost 2 years I haven't had a claim, but I have heard good things from others on their coverage. My car (2000 C4) had about 25K mi. when I bought it, extended for 4 yrs., 75K mi. for about $2,600. The fact that it is sold by the Porsche dealer provided some comfort, but a local independant also works with EasyCare. You might wnat to check them out.

i've had pretty good success with warrantybynet.com i purchased the extention when mine expired on my '99 C4. had about 25K miles and added 5 yrs/100K, $100 deductible for around $2,000. no major problems with the car but small stuff has more than covered the policy. company has been easy to work with and pays claims quickly. works with both my dealer and my indie shop. so far they're still in biz but not sure if they are still covering p-cars.

Bob - they didn't cover your 911 because they know you bought it at a Ford dealership!

go to www.warrantydirect.com and choose porsche 911.. it says they do not insure the vehicle when you click on it..

Put $10,000 in tax free municipal bonds - nothing major should go wrong with the car, but if it does, pull out your interest and a little of the principal and repair the car. Most aftermarket warranties don't seem to be worth it.

Look I wasn't trying to be an A-hole, just pointing out a fact. The guy genuinely sounds like he's worried about buying a Porsche, I'm just being a devils advocate. Are you absolutely freakin sure your $3000 warranty will cover everything?? Most refuse to cover anything with a rubber component....RMS etc. Then guess who pays for it. What are you gonna do when the warranty runs out? Dump the car? if that's the case nobody would ever own an old Porsche. I've had my car for 6 years, lots of track time, no major problems. I also do lots of my own work and the car is meticulously maintained. I've been off warranty for 2 years and I sleep at night. The aftermarket company wanted $4200 for a 4yr OR 100K warranty, that's like betting I'll have a major failure in 4 years or the next 20K (I usually put about 5k/year on the car). Buying a worthless warranty from a belly up company is stupid in my book. Now go and chill out.

Fellas, Fellas, Fellas, I'm not worried about buying a Porsche, I was just getting some feed back as to what others were doing. I'm just doing a little research before making the investment. I have decided though with the help of the many post on this forum, that I will go with a CPO and purchase additional warranty on top of that.

Why would you buy an additional warranty on top of CPO???

Your first response was very short, and heavier on criticism than advice so it seemed like you were trying to be a jerk . I sympathize with anyone who is considering a used car and/or extended warranty. As someone who does not turn my own wrenches, I typically only buy new and trade out long before the bumper-to-bumper warranty is gone - if you're used to that (regardless of your financial situation), the idea of repairs draining your wallet is daunting. Your second post makes it easier to see your viewpoint, which I respect even if I don't wholly agree. We all good?

Allow me to apologize as well since I miscontrued your first statement. You happen to be right about warranty coverage being very limited even if they say otherwise. I purchased an extended warranty for my benz which included electronincs (no suprise considering mecedes electronics reputation) and the few things that have gone wrong <suprise suprise!> always seemt o be items NOT covered. The only reason I would buy one for a Porsche is for the engine failures I've been reading about. I don't mind paying for new sensors, a window regulator etc, but an 11,000 engine scares the heck out of me. In fact, I would get just drivetrain coverage for the peace of mind, from what I've also heard the Porsche is rock solid reliable for most other things. Has this been other owners experience? Do you rarely have stuff like a "steering angle sensor" go wrong? My benz, wile a fantastic car, tends to have these problems more than you'd expect for it's cost.

I purchased a 5yr. 60,000 mile warranty with the emissions coverage and zero deductible for an 2002 996 C2 from Warranty Direct at the end of November 05. I went with them based on some of my own research and a positive response from the dealers service department on their dealings with WD on a Cayenne. The dealer did have some information on several other companies, but the cost was higher and didn't include seals and gaskets. I did get an email from WD in mid Nov. stating that some coverage changes were going to happen in Jan 06, so if I wanted to get the above coverage to get it before changes occur. I just went to their site and Porsche 911 was available to cover. However that was in my state, I don't know if that matters.

No worries guys.

It must have something to do with where you live. In case you were curious, a 5 year, 100,000 mile, zero deductible bumper to bumper warranty on my 03 C2 with 12,000 miles was $5,000.

With whom? I have an 03 C2 with 14,000 miles. I don't think I think anything that big or comprehensive, but I would't mind something to get me to 50k.

The best question to ask is will they be in business 3-5 years from now, unfortunately these companies seem to go into business collect money then declare bankruptcy only to pop back up under another name. Best of luck.

When buying a CPO (btw, that stands for certified preowned right??) vehicle from a Porsche dealership what kind of warranty do you get ?

From the www.warrantydirect.com link bobporsche996 had in his posting. He said that they don't cover 911's. I got a quote when I was buying my car in November, but decided not to buy the warranty. The quote is still there on the warrantydirect site so it is still available. I have no clue whether the coverage or the company is any good. I was just saying that their refusal to cover 911's on bobporsche996 inquiry must have something to do with where he lives.

Is that a good idea? CPO is only "big ticket item" insurance and is valued at about a $1,500 premium and lasts 2 years or 100K. 3rd party insurers will also sell "big ticket item" insurance or "bumper to bumper" coverage. If you buy both you will end up paying for double coverage and I'll bet they won't double pay you for a single repair. BTW, I can't remember where I read it, but I recall that some 3rd party insurers will not pay for engine replacement if the engine in the car has already been replaced. I don't think CPO has that restriction. As in any contract, read the fine print carefully.

If you feel that way, then you should seriously consider a certified preowned car with an additional 2 year warrantee (or better, get a new newer car with some of the original warrantee + 2 year CPO). I am glad I did. Do a search on 996 reliability and see my entry for it: https://rennlist.com/forums/showthre...ht=reliability Porsche probably spent an addition 10kUS$ on warrantee work on that car.

stay far away from aftermarket warranties.

I can't take it any longer - I have to dive into this conversation. I've been in the auto industry for 19 years and have in depth knowledge of service contracts and pretty much any other type of auto related insurance/financial product on the market. There is a huge amount of misinformation out there about these products but the basic rule is buy a quality product from a quality company - you get what you pay for. The company I work for has been in business since 1922. If you want to buy a service contract, I can help you with that. I don't offer this for any financial gain, just as help for fellow rennlisters. Here's a link to our service contract - keep in mind that this is designed for auto dealers to look at, not consumers: http://www.universalunderwriters.com/uug/autodealer.nsf/d4e740013bafa31885256c6a005f098a/584f46fff384af2685256ca60066b1f5!OpenDocument Yes, I'm one of the guys that trains dealers on how to sell you more products when you buy a car. The difference with me is that I usually also insure the dealership so if they do things illegally and get sued, I pay, so we train dealers how to treat people right and still make money. Anyway, let me know if I can help... Anyway, feel free to a