IMS Upgrade or Extended Warranty

[JFP in PA]

Originally Posted by Jake Raby

The warranty companies I have dealt with had been less than impressive.. In fact they define "un-professional". They will screw around for weeks trying to complicate the red tape hoping that you'll just give up on the claim.

The last client that I did warranty work for (jhandy here on the 986 forum) had his car at my shop for two months screwing with the warranty idiots. They finally paid for his IMS replacement but only after they screwed around for over 6 weeks with the claim.

That experience was just too much... I no longer work with vehicles that will have repairs covered by some aftermarket warranty. Its just not worth the hassles, lies and red tape.

You are much better to save a hundred bucks a month as a "fix it fund" for a rainy day than paying for a headache with a bunch of cubicle sitting idiots that wouldn't know an IMS bearing if it fell out of the sky and landed on their desk.

BTW- The guy they sent out as an "Inspector" on this last job looked like he was ready for an African Safari with a dozen different flash lights, mirrors and gadgets.. we laughed our asses off for a week thinking about "Frank Buck"...

Jake, we got to the same place a long time ago. When someone comes into the shop and tells us they have “third party” warranty coverage, we point to a sign we have up (and on our billing/quotation documents) that says “We do not participate with any third party warranty companies or programs. All services are cash, check or credit card payment only.”

[Steve Tinker]

Last Friday I elected not to renew my Porsche used car warranty on my 2001 S.
The OPC wanted $US1,750 for the 12 month warranty plus a 12 monthly service is required before issuing the warranty @ $US630 - a total of $US2,380.
Considering the car has only done 4000 miles since its last service by the OPC when I bought it (and that's about my annual mileage anyway) I took the advice from members of this board and PPBB and decided to bank the money and wear the outcome.
I do do my own maintenance so this had a direct bearing on my decision, but I think a lot of people run scared after reading some of the horror stories that appear on the net. Just be vigilant and half the Porsche service intervals....

[jcb986]

Always read the fine print and if you can understand it, that's even better. Let's face it...you are buying insurance that your car may break. They have it written so that you usually will pay 30-40% of the bill. I just saw a 2000 3.2 engine with 200 miles on it on ebay. Asking price was $4995, but they were taking offers too. The market is now starting to show more engines for sale so the price usually will be negotiable. Maybe it's time to buy a spare...but then your engine may go 150,000 miles with no problems.