Ordered my Fidelity warranty - Page 5 - Porsche Macan Forum
User Tag List

 64Likes
Reply
 
LinkBack Thread Tools Search this Thread
post #41 of 193 (permalink) Old 01-08-2019, 07:01 PM
Senior Member
 
Join Date: Nov 2014
Location: San Jose, CA
Posts: 5,301
Mentioned: 227 Post(s)
Tagged: 0 Thread(s)
Quoted: 2055 Post(s)
Default

Quote:
Originally Posted by Stack24 View Post
The biggest thing is that Platinum is an exclusionary warranty so it covers everything except the things listed. The other one cover a lot less and specify what they DO cover from my research.

This was the most recent pricing for the the car if you have less than 25001 miles which is cheaper.

Vehicle: 2014 - 2018 Porsche Macan with 10,001 - 25,000 miles.

Fidelity Platinum w/ $250 deductible.

3 yr / 36K - $2177.00
4 yr / 48K - $3112.00
5 yr / 60K - $3631.00
5 yr / 75K - $4241.00
6 yr / 60K - $3999.00
6 yr / 72K - $4511.00
6 yr / 85K - $4846.00
6 yr / 100K- $5890.00
7 yr / 70K - $4777.00
7 yr / 100K- $6805.00


I did talk to a dealership that offered me I guess an actual Porsche warranty directly from them that they offer new cars, but it only adds about 2-3 years to the factory warranty since it's from the in service date. But the price is much higher. I guess it's the premium that it's an extension of the warranty from Porsche and tied to VIN in Porsches system. But don't think it's worth the almost double price tag.

Been doing as much research on the other stuff as I can while I continue to search for the right Macan to buy.


Sent from my iPhone using Tapatalk
Good info and comparison. In fact, both quotes are similar.

My quote is adding 6 yrs/60k to current 4 yr/35k to a total of 10 yrs/95k for $5668. Your quote adds 7 yrs/70k to current 2 yrs/25k to a total of 9 yrs/95k for $4777. Add one more year another ~$800 coverage to be the same length is about $5577.

2015 Macan S | white | agate grey | 19" turbo wheels | summer tires | premium pkg | 18-way seats | PASM | LCA | ventilated seats | 3-zone | gloss black trim | smoking pkg | ACC+PAS | comfort lighting | ordered 12/15/2014, built 1/30/2015 & delivered 3/28/2015 | H&R lowering springs @1370 miles, 5/15/2015
jzwu is offline  
Sponsored Links
Advertisement
 
post #42 of 193 (permalink) Old 01-08-2019, 07:20 PM
Member
 
Join Date: Dec 2018
Posts: 71
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 33 Post(s)
Default

Grandpa Davey a.k.a. Dave Ramsey claims that statistical probability of failure is 12% (cars, PCs, A/C units). So according to him buying extended service contracts is a waste of money to begin with.

Embarrassing ? Nah, that's called show business. ©
Finbar Hoad is offline  
post #43 of 193 (permalink) Old 01-08-2019, 07:49 PM
Senior Member
 
Join Date: Jun 2014
Location: New Jersey
Posts: 3,996
Mentioned: 187 Post(s)
Tagged: 1 Thread(s)
Quoted: 1599 Post(s)
Default

Quote:
Originally Posted by Finbar Hoad View Post
Grandpa Davey a.k.a. Dave Ramsey claims that statistical probability of failure is 12% (cars, PCs, A/C units). So according to him buying extended service contracts is a waste of money to begin with.
Using that logic you could argue that ANY insurance policy is a waste of money. If that were not the case, no insurer would ever underwrite the policy (knowing that the probability is they would pay out more claims they collected premiums).

As always, the answer is that "it depends". It depends on your risk tolerance, how affordable the potential loss is, and the expected loss versus the premium cost.

I doubt many of us would go without fire insurance on their house even though the probability of a claim is much lower than 12%. But is a billionaire wasting money buying a fire insurance policy on his/her $5 million house? Interesting question.
wspollack likes this.

'16 Turbo,Sapphire,Black Leather Int/Sport Classics/Window Trim/Roof Rails/Xenons, PDLS+,Tinted Tailights,Sport Design,PSE/PTV/AS/SC/ACC,Burmester,Prem/Comfort Lighting Packages,Leather Dashboard Trim,Seat Console,Steering Column,Rear View Mirror and Sun Visors, Leather Interior Trim in Pebble, Pebble Seatbelts, Headrest Crests, Armrest Logo, White Dials/SC Clock, Alum Fuel Cap, Spt Design Mirrors, Surround, Connect/Online Services,Painted Key,Leather Keypouch,Illum Door Sills
Shark is offline  
Sponsored Links
Advertisement
 
post #44 of 193 (permalink) Old 01-08-2019, 09:34 PM
Senior Member
 
Arnold_T's Avatar
 
Join Date: Sep 2016
Location: Canada
Posts: 561
Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 211 Post(s)
Default Ordered my Fidelity warranty

Quote:
Originally Posted by Shark View Post
... is a billionaire wasting money buying a fire insurance policy on his/her $5 million house?.

Yes, he is wasting money! He should self-insure. And invest in insurance companies. Hey, isnít that what Warren Buffet does?



Sent from my iPad using Tapatalk
grim likes this.

2017 Macan S ordered Sept 1st, 2016. (delivered Jan 23, 2017).
My first Porsche, and my first SUV ... config
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Last edited by Arnold_T; 01-09-2019 at 11:53 AM.
Arnold_T is offline  
post #45 of 193 (permalink) Old 01-09-2019, 01:18 AM
Member
 
Join Date: Dec 2018
Posts: 71
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 33 Post(s)
Default

What was that French saying, I'd much rather be healthy and rich, rather than sick and poor ?


Best part is when extended warranty companies realize they can't weasel out of paying for the repair, so they begin to drag it out by making you wait a couple days till their adjuster shows up to make sure that everything is on the level.

Embarrassing ? Nah, that's called show business. ©
Finbar Hoad is offline  
post #46 of 193 (permalink) Old 01-09-2019, 08:48 AM
Senior Member
 
Join Date: Jan 2015
Location: New York, USA
Posts: 1,151
Mentioned: 44 Post(s)
Tagged: 0 Thread(s)
Quoted: 338 Post(s)
Default

Quote:
Originally Posted by Shark View Post
If they refused to cover a expensive repair that you think should be covered, Iím curious what your rights are.

Can you sue them, or is there some kind of arbitration clause buried in the contract?
I found a Fidelity form online .... it has an arbitration provision.
reguy is offline  
post #47 of 193 (permalink) Old 01-09-2019, 09:00 AM
Member
 
Join Date: Aug 2016
Location: New York
Posts: 74
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 27 Post(s)
Default

I went through this process last year and talked to Troy, who had really good prices. Unfortunately the reviews of car owners online pushed me away from Fidelity.
There were 3 or 4 companies with really good reviews, but most of them didn't have protection for Macan Turbo (maybe because most of the cars were still under warranty when I researched). So I ended up with Concord, which is a local PA company, very good reviews and very personal process. I discussed with a few friends that have it and they said when needed, was a breeze. They just give Concord phone number to the dealer, they will call and pay all through the phone with their credit card.

My plan was a 4yr plan or 50k miles for $3,000. So basically I have bumper to bumper coverage until Oct 1st 2022, with $0 deductible.

In a car with so many electronic parts and expensive repair, it was a smart decision. I'm not a big fan of the new version, I don't plan to sell my soon and it only has 18k miles on it. So it was a way for me to keep it beyond the original warranty.

Happy to share contact of the seller at Concord if anyone wants.
wspollack likes this.

Andre Soares
2015 Macan Turbo, Jet Black
Andre Soares is offline  
post #48 of 193 (permalink) Old 01-09-2019, 09:44 AM
Senior Member
 
Join Date: Nov 2014
Location: San Jose, CA
Posts: 5,301
Mentioned: 227 Post(s)
Tagged: 0 Thread(s)
Quoted: 2055 Post(s)
Default

So a local PA insurance commission better and cheaper? If true, we’d better self insure.

2015 Macan S | white | agate grey | 19" turbo wheels | summer tires | premium pkg | 18-way seats | PASM | LCA | ventilated seats | 3-zone | gloss black trim | smoking pkg | ACC+PAS | comfort lighting | ordered 12/15/2014, built 1/30/2015 & delivered 3/28/2015 | H&R lowering springs @1370 miles, 5/15/2015
jzwu is offline  
post #49 of 193 (permalink) Old 01-09-2019, 10:07 AM
Senior Member
 
Join Date: Mar 2014
Location: New Jersey
Posts: 2,230
Mentioned: 113 Post(s)
Tagged: 0 Thread(s)
Quoted: 532 Post(s)
Default

My Dealer quoted over 6500 for another 3 years 30k miles with a 100.00 dollar deductible.The warranty is also a 3rd party company. My '15 S just got a new transfer case under the factory warranty which expires in two months from now (the warranty hopefully not the new transfer case..lol.). I have only 34k miles on my Macan so I am not going for the extended too costly warranty.
I think if one has a good relationship and is loyal to their dealer with service,etc, then maybe some repairs could be partially good willed.
I hope I'm not being too naive about that.

2015 Macan S in rhodium silver, black 14 ways,PASM, LCA, LKA,ACC,3 zone, smokers pkg (non smoker),comfort lights, trailer hitch, entertainment, premium pkg., 19" AS Michelins, 19" Turbo wheels.
Jshore is offline  
post #50 of 193 (permalink) Old 01-09-2019, 10:40 AM
Senior Member
 
RidgeRunner0207's Avatar
 
Join Date: Mar 2016
Location: Charleston, SC
Posts: 822
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 394 Post(s)
Default

Quote:
Originally Posted by Jshore View Post
My Dealer quoted over 6500 for another 3 years 30k miles with a 100.00 dollar deductible.The warranty is also a 3rd party company. My '15 S just got a new transfer case under the factory warranty which expires in two months from now (the warranty hopefully not the new transfer case..lol.). I have only 34k miles on my Macan so I am not going for the extended too costly warranty.
I think if one has a good relationship and is loyal to their dealer with service,etc, then maybe some repairs could be partially good willed.
I hope I'm not being too naive about that.

Your dealer is marking everything they offer you up as much as they think they can get away with.

I have sat across from finance managers filling out paperwork and been offered Extended Service Contracts during the closing paperwork, I always counter with an offer of 35% of what the quote is.........I had one bite in 2007 on a GMC Sierra I purchased at 50% or 1/2 of what the quote was, I figured if he could cut it in half that quickly they were still making money, I purchased it, used it one time in the warranty coverage period, it was a nightmare with trying to get the parts covered due to how they write the coverage's and exclusions...........after wasting time fighting I gave up.

I had paid 50% of the asking original cost, so I cancelled it, and got what I could out of it, and used that to purchase the parts and perform the repair myself.

After that I gave up with these extended service contracts.

I have a very good friend who does warranty work for many aftermarket warranty companies, his exact words........its always a nightmare to get them to pay for anything on these contracts.

If anyone has ever dealt with a vehicle insurance claim or homeowners claim its the same dance, the adjuster wants to pay little or nothing, and that is how insurance works.

2017 Macan GTS
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
2019 Boxster GTS - Atlanta PEC Delivery ON 12/12/2018

2019 GMC Denali 2500HD L5P Diesel
2009 Corvette/ZR1-3ZR Atomic Orange - 1 of 35 made
2013/427/Convertible Corvette-60th Anniversary

2014 Harley Davidson CVO Breakout - 110 cid
1968 Chevelle Malibu - Work in Progress
2016 GMC Denali 2500HD Diesel - SOLD
2015 Harley Davidson Electra Glide Ultra Limited - 103 cid SOLD
RidgeRunner0207 is offline  
Reply

Thread Tools Search this Thread
Show Printable Version Show Printable Version
Email this Page Email this Page
Search this Thread:

Advanced Search



Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome