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Originally Posted by z12358
Regarding previous discussions we've had about Porsche reliability and repair costs...
Unless this company is negligent, fraudulent, inexperienced, incompetent, or just plain run by idiots, this is saying that the total expected (i.e. average) repair costs over 4 years for an average 4 year old Boxster must be less than $1,374 -- or else the company would have gone (or will go) bankrupt. Or am I missing something?
Z.
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Actually, you are almost on the money with your assessment. More precisely, the net proceeds after paying commissions and administration expenses would be less than half of that figure. So, for ~$700 on average, to cover claims over a 4 year period, one can safely conclude that the plan in question is not designed to cover much!