Extended Warranty - 986 Forum - The Community for Porsche Boxster & Cayman Owners

NJkayaker · 12-19-2007, 08:17 AM

hi:

I have a 99 Boxster w/64K miles. Everything seems fine and the PPI (bought it in August) didn't turn up anything. However, it is an older car with a few miles on it and I can imagine having issues down the road. I will probably put no more than 6K per yaer on it. I have been researching warranties. Warranty Direc, which several people on the board seem to think is good, won't do a warranty for this car.

I found a company that has several options. The full warranty for this company that covers everything is just too expensive. It is a little over $3K for 24 months. I'll risk that in the next 12K miles I won't have a major problem. Howevr they offer a power train warranty that goes for five years/100K for $700. This seems to cover all I would want in the engine and transmission. I hav attached the link. The company, Great American Insurance, is a large well rated company. I think I am ok there.

Any opinions on whether this warranty itself is worth it?

Tahnks in advance for your input.

http://www.autowarrantybroker.com/extended_auto_warranty_plans_CoverageDuraLube.aspx

derb · 12-19-2007, 08:42 AM

The limit of liability per engine/water pump claim is $3000 ($2000 for transmission). That's not enough money if you need a new engine. But it's better than you having to pay it all.
Also, you might want to ask if an RMS leak would be covered.

Regards,
mike

racer_d · 12-19-2007, 11:24 AM

Self insure. Take the $3k that the warranty would cost you an use that money (or invest some of thta money) to pay for things as they break.

blinkwatt · 12-19-2007, 11:35 AM

You have a 99' w/ over 50k,you should be fine. I've only heard of normal wear like wheels bearings and torn c.v. boots at that mileage.

Most of the MAJOR problems like cracked sleeves occur under 50k so just take that $3k and save it for minor repairs.

I had a 99' for 2 years and put 6k on it,it had 56k when I totaled it. The ONLY problems I had with it were owner related,like installing a K & N oil filter. It started every time I fired it up,never made a sound or did anything out of the ordinary,it was the most reliable car I had ever seen. I'm sure it would have hit 100k w/o an issue.

Drive it like you stole it!

NJkayaker · 12-19-2007, 11:35 AM

I was not going with the $3K option for the reasons you give. However I thought the $700 5yr/100K option might be worth it over the next 5 years (if I keep it that long..I'd like to switch to a 2000/2001 S). the warranty is transferable.

12-19-2007, 11:40 AM

NJkayaker, if you decide to get the power train warranty product, first request a copy of the contract, and read it front-to-back and clearly understand what is and what is not covered. Then make your final decision.

turbo23dog · 12-19-2007, 12:04 PM

NJKAYAKER,

Can you provide a link to this 5 year $700 power train warranty so we can all see what it says?

saaber · 12-20-2007, 01:53 PM

Quote:

Originally Posted by NJkayaker

I was not going with the $3K option for the reasons you give. However I thought the $700 5yr/100K option might be worth it over the next 5 years (if I keep it that long..I'd like to switch to a 2000/2001 S). the warranty is transferable.

Don't know about the one you refer to but many cover "internally lubricated parts" and exclude cracked heads, head gasket failure, and cracked blocks. Also I would wonder if water pumps and coolant tanks (you will need one for sure eventually I think) would be covered.

Most of these companies also require the dealer to check if there are any stage 2 "events" where someone revved it past the limiter, not that you would do that... just so you know.

Also, it sure would be nice to know which companies are good to work with once it is time for repairs and which ones will fight you like crazy on any repair. The Porsche dealer told me some of these warranty companies just fight you and the dealer like crazy (several weeks even) expecting you to eventually give up and get it fixed just so you can get your car back. So I think it is important to research it and get some real world (not company marketing) testimonials if possible. Might not hurt to make friends with the dealer service rep. either as they are your ally when it comes time to actually using the warranty (I assume a private repair shop would be teh same also, it just so happens that the local dealer here has an outstanding service dept. in terms of service).

Brucelee · 12-20-2007, 01:54 PM

If I were buying a used porsche today, I would buy a good quality drivetrain warranty. These birds are just too expensive to fix.

IMHO.