Has anybody bought the PCNA warranty for a car they have owned from new ? AS I understand it, the car has to be "inventory " for the dealer. If I seel my car to the dealer and buy it back, I can pay the 1500 for the PCNA warranty ( which for me is up Feb 2006). ANy thoughts versus other company offeringS? Thanks PS one RMS leak last year but none since...
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YOUR RESEARCHPorsche Extended Warranty- 2002 C4S
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I don't think you'll want to sell to the dealer and buy back. Unless you're a licensed broker, I think you'll have to pay sales tax on the car when you buy it back from the dealer - there must be a better way...
CPO warranty is not comprehensive like the new car warranty. I'd just bank the $2k and spend it on future repair.
When I was negotiating for a 996 last year, the salesman told me that the Porsche extended warranty was identical to the original in terms of coverage. It doesn't surprise me that my salesman was wrong since he thought the 996 had 8 cylinders. Is the CPO's coverage limited to the drivetrain? Actually that's not a bad deal since most of the big ticket items involve the drivetrain.
Waste of money, you're betting you're gonna have a huge problem, probably won't.
The Porsche extended warranty is identical to the new car warranty except that it's extended. The non-Porsche warranty's are the ones's that are different. I leased my car new from the dealer, then bought it at the end of the lease period as a CPO car. I track my car quite a bit, and I figure the warranty is worth it. Some other dealers may deny warranty if you track your car, though.
CPO warranties are not identical to original. There is a list from porsche which details all items covered. It is not bumper to bumber like original warranty.
I pondered this forever and decided to just bank $3500 and hope for the best. Hopefully I'll come out ahead.
when buying my last porsche, i spoke extensively to my local GM about the CPO warranty and he candidly told me that it was marginal at best - nothing near the original warranty. the only real reason to pursue it is for the big things - like tranny's and engines
I think CPO warranty is better than any other aftermarket warranty because the chance of a claim denial is less unlike most aftermarket warranty. If you read the CPO warranty brochure or contract, it mentions covereage and it's not bumper to bumper. For example, battery will not be covered under CPO but is under original warranty.
I agree that CPO is the best option for any out of original warranty car. I did not look at any cars not certified. My main concerns were the drivetrain/RMS/need for engine replacement/etc. Also the resale/ ability to tranfer CPO is more comforting. There are no issues about the existence of the warramty when your are at the dealer. It also seems that there is some leeway about getting things in or out of coverage depending on your relationship with the service advisor at the dealership. BE NICE.
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