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YOUR RESEARCHRecertification of out of Warranty 911
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Use 911's
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This makes it a bit less stressful when looking at used 911's that are out of warranty.
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I have established a relationship with a dealer that I know I will use the next time I am ready to buy another Porsche.
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I know I have seen some references but has anyone successfully extended the warranty of their car after the originally warranty has expired? The in-service date of my car was 3/99.
I can't seem to get a straight answer. I have heard that I might be able to sell the car to the dealer, have them perform the certification and then buy back at no profit.
If anyone has pulled this off I would love to hear about this.
Interesting idea. Although I have not heard of this, I can tell you from having just purchased a certified car that at a minimum you are going to have to pay for:
1) - Any repairs (parts & labor) needed to bring the car into spec for certification
2) -The cost of the tech to do the inspection. I have been told that this is $300-$500
3) - Lastly, the dealer has to pay a fee directly to Porsche of approximately $1,500
Hope this helps - My numbers may not be totally accurate, but they are what I was able to glean based upon my negotiations with a couple of different dealers.
Let us know how this works out..
Dave,
Thanks for the information. The car will be due shortly for the 30,000 mile service work so perhaps I can kill two birds with one stone on the inspection.
Please keep us posted, I'm also very interested. I've had a friend do what you've stated (getting the car certified through the process you've described) but it was for his BMW.
One of the dealer sales reps told me that it usually runs around $2000-$2500 to get it certified. And then you can only get a 2yr/100K warranty on it. I'm not sure if the warranty is included in the certification cost or if it's extra. Seems like a lot to pay for only a 2yr warranty.
I ended up buying a 3yr 1SourceAutoWarranty for $1569.
Let us know what you find out...
I would hope that in the end the cost for the Porsche warranty (if I can get it) would be in the $2,000 to $2,500 range. I would pay the premium versus third party. I will certainly let you know what I hear. I buy a fair amount of cars so I am hoping I can leverage a relationship to get what I want. The bottom-line as I see it is if the dealer could buy the car at auction and certify it for resale they should be able to do the same for me. Wether they want to or not is another matter.
My situation was a little different, but some of it may be useful to what you're trying to accomplish.
I bought a 1999 996 whose warranty had just expired one month before I was purchasing the car. I found the car on the Internet and initially it was not at a Porsche dealer. However, the dealer I was working with was affiliated with a Porsche dealer. So before I bought the car, they sold it to their Porsche affiliate. Then I paid the Porsche dealer for the standard Porsche extended warranty, which is for 2 yr/100K miles. This is a new Porsche program that only became available in June 2003 (the month I bought my car). The list price for this extended warranty was $1,569 (I believe -- I don't have the paperwork in front of me right now). They put my car-to-be through a 100-point inspection, and I was responsible for the cost of any repairs that would be needed to bring my car up to Porsche certified specs. In my case, I had to pay only $32 for something incredibly minor to be repaired, and then I paid ~$1K for the actual certified extended warranty. I bargained that price as part of the deal I was making for buying this car.
Anyway, I am thrilled with my Porsched certified extended warranty, as I've already gotten more than $1K worth of repairs done to my car under warranty, at no additional cost to me. So I whole heartedly endorse this program.
My dealer (just bought a certified 01 C2, my first Porsche) said they can only do the certification for cars they sell and that they wouldn't do a dummy sale to get around that.
He also said that they hate certifying out of warranty cars because if the car is still under bumper to bumper when it's certified then the warranty typically covers any defects that are found, otherwise it's out of their pocket. In your case, this would be out of your pocket, and it could be a lot (new motor in the case of my car - RMS).
C.
Well, I will see what happens. I fully expect that I would have to pay for any work that needs to be done to get the car to spec before they would write the warranty. The reality is I have to do that anyway since there is no warranty and I want to treat the car right.
It took a while because of my travel schedule but I was able to get the Porsche Certified warranty on my car. There were a number of factors:
1. The dealer bought the car from the individual I was purchasing the car from and then I purchased it from the Porsche dealer. This is important since you have to pay sales tax on the purchase. If you had purchased a car and transferred the title it would be next to impossible.
2. The car had to be go through the normal 100 point inspection that Porsche requires. The car was due for the 30,000 mile service work so I rolled it into one service visit.
3. Any outstanding service issues have to be addressed. Mine had none.
So now the car has another 2 years warranty up to 100,000 miles direct from Porsche. I have established a relationship with a dealer that I know I will use the next time I am ready to buy another Porsche.
This makes it a bit less stressful when looking at used 911's that are out of warranty. The dealer might not always have what you want and if they are willing to broker the transaction you can get piece of mind. My guess is the whole thing cost me around $1,300 and I feel it is money well spent.
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