[Zmonsta]

New to group and I wanted to share my Porsche VSP extended warranty experience. Two months ago, I bought a full dealer maintained 16’ S from a private seller in LA (SoCal)with 52k miles and 2.5 yrs left on his Porsche VSP platinum extended plan by SafeGuard. Initial PPI immediately caught the Transfer case issue, SouthBay dealer fixed it in three days. Follow up PPI showed some oil leak and the Indy mentioned it was valve cover. I bought the car mainly bc it had the Porsche extended warranty.

Two weeks in, on a short 10min trip home, the car say “overheat, pull over!” as I was pulling into the garage with coolant spillling from underneath. no warning, coolant smell, or anything right before that 10min drive. Had to expedite the warranty transfer with Porsche Warranty dept in GA, it was a bit painful as I didn’t have the registration in my name yet as I financed the car. Glad they worked with me when I told them the car broke.

The local (San Diego) dealer fixed it in 4 weeks, they found leaks at timing cover, valve cover, and coolant vent pipe. Safeguard did not approve the initial dealer repair quote (labor wise), I panicked a bit, but kept patient as Jon the SA was super helpful and reassuring. The overall experience was really fantastic! They were low on loaners at first, but got 2020 base loaner with sport chrono two weeks later. Fun car with that option!! I put more miles on that loaner than my S thus far, the S is definitely more refined and not as rough during gear changes (even in comfort).

The insurance bill for the repair was $10k with $530 out of my pocket for the 10k mile service that was due and I approved for. Apparently, if this repair was not under safe guard warranty, it would cost me $14k!

When I was shopping couple months back, I read the various known issues, thanks to this forum. And told my wife we needed buy this one due to the extended warranty. Just glad I did!

 

[CourtneyNYC]

Do you really want a rice burner?

Part of the beauty is that different folks have differing views about cars. I was with a co-worker on Saturday. Her 2006 Toyota Highlander tuned over 515,000 last week. Ever had any repairs done? . . "nah, just normal maintenance". Woman making $400k a year . . . just could care less about "new". There polar opposite of a wife who things an R8 Cabriolet looks like a "fun car".

I skirted the entire extended warranty question with MBI. . . . I'm good for another 50,000 and the car will be long gone before then.

 

[wwahl]

Part of the beauty is that different folks have differing views about cars. I was with a co-worker on Saturday. Her 2006 Toyota Highlander tuned over 515,000 last week. Ever had any repairs done? . . "nah, just normal maintenance". Woman making $400k a year . . . just could care less about "new". There polar opposite of a wife who things an R8 Cabriolet looks like a "fun car".

I skirted the entire extended warranty question with MBI. . . . I'm good for another 50,000 and the car will be long gone before then.

I test drove a Toyota Highlander once right after they came out. Was this co-worker wrapped in mummy cloth? It was the most boring, stupidest car ever in my hands. I continued forward with my 1989 Nissan Pathfinder for 28 total years (second stupidest car). My girl friend bought it from me and it has another four untroubled boring years. Please, car gods, keep me in Porsche types forever more.

 

[CourtneyNYC]

Please, car gods, keep me in Porsche types forever more.

We are of one mind.

I confess to my weakness and frailties in terms of certain items. I spend lots and lots of time in cars and both me, and my better half, place value in making driving an exciting part of our life.

Your experience with the Highlander is familiar. Several years ago I purchased, on a whim while driving past a local dealer, a top of the line Subaru Outback. It was, without a doubt, the best engineered car I had ever owned. Things worked, the symmetrical AWD system is the envy of the world (check out those YouTube videos) and the technology systems, such as ACC, were flawless . . . unlike the Porsche systems which are an embarrassment and a reflection of how behind the times Germans are when it comes to technology.

But . . . and this is where we converge . . . . the car was boring. And, in the spirit of total candor and honesty, my partner (a veteran of nearly a dozen Porsches include something on the order of 8 well kitted 911 variants) found the passenger seat uncomfortable.

So . . . as quickly as it had arrived . . . it left and Placed an order for a Macan having never so much as seen, other than a distance, one or sat in one. Didn't even know the dealer . . just sent and "order me one and let me know how much and where to wire the deposit". Months later we were landing in Atlanta, enjoying our day at PEC and starting a road trip back to NYC. The little Macan, a nicely fitted bass, cost more than twice what the Subaru did. Where the Subaru was flawless . . .the Porsche was just ok. But, in terms of driving satisfaction, handling and experience . . it was without peer. We knew better than to fool ourselves that buying an SUV had about nothing to do with buying a "performance" car . . that's what an R8 or a 911 is for . . . we wanted something that was just plain fun. The Macan performed, and continues to, perform brilliantly.

But . . . I also know that different folks have widely varying metrics of what they want in a car. It's a reason a beloved friend, who just got a check for $182M from his firm's IPO . . .bought a used Acura . .. citing "Honda reliability" and a "good deal" . . this while others are paying $25k for a watch, $7k for a fountain pen and so forth without batting an eye.

The key is not fooling yourself into thinking that each and every car . .. from the Renault LeCar (arguably the worst car ever made) to the AMC Pacer . . to the Ford Pinto (I actually had a Pinto wagon) to the Lamborghini Urus have their place.

It's passion and our common fire in the belly enthusiasm that gather us round this virtual campfire . . . and while I really enjoy the Porsche and likely have a couple more in my future . . . . I respect, admire and continue to respect people for choosing what works best for them.

It's what make living a blast.

 

[santastico]

We are of one mind.

I confess to my weakness and frailties in terms of certain items. I spend lots and lots of time in cars and both me, and my better half, place value in making driving an exciting part of our life.

Your experience with the Highlander is familiar. Several years ago I purchased, on a whim while driving past a local dealer, a top of the line Subaru Outback. It was, without a doubt, the best engineered car I had ever owned. Things worked, the symmetrical AWD system is the envy of the world (check out those YouTube videos) and the technology systems, such as ACC, were flawless . . . unlike the Porsche systems which are an embarrassment and a reflection of how behind the times Germans are when it comes to technology.

But . . . and this is where we converge . . . . the car was boring. And, in the spirit of total candor and honesty, my partner (a veteran of nearly a dozen Porsches include something on the order of 8 well kitted 911 variants) found the passenger seat uncomfortable.

So . . . as quickly as it had arrived . . . it left and Placed an order for a Macan having never so much as seen, other than a distance, one or sat in one. Didn't even know the dealer . . just sent and "order me one and let me know how much and where to wire the deposit". Months later we were landing in Atlanta, enjoying our day at PEC and starting a road trip back to NYC. The little Macan, a nicely fitted bass, cost more than twice what the Subaru did. Where the Subaru was flawless . . .the Porsche was just ok. But, in terms of driving satisfaction, handling and experience . . it was without peer. We knew better than to fool ourselves that buying an SUV had about nothing to do with buying a "performance" car . . that's what an R8 or a 911 is for . . . we wanted something that was just plain fun. The Macan performed, and continues to, perform brilliantly.

But . . . I also know that different folks have widely varying metrics of what they want in a car. It's a reason a beloved friend, who just got a check for $182M from his firm's IPO . . .bought a used Acura . .. citing "Honda reliability" and a "good deal" . . this while others are paying $25k for a watch, $7k for a fountain pen and so forth without batting an eye.

The key is not fooling yourself into thinking that each and every car . .. from the Renault LeCar (arguably the worst car ever made) to the AMC Pacer . . to the Ford Pinto (I actually had a Pinto wagon) to the Lamborghini Urus have their place.

It's passion and our common fire in the belly enthusiasm that gather us round this virtual campfire . . . and while I really enjoy the Porsche and likely have a couple more in my future . . . . I respect, admire and continue to respect people for choosing what works best for them.

It's what make living a blast.

The Toyota Highlander is the typical rental car. Boring, weak engine but takes family and luggage from A to B. I think that once you have a Porsche you become very picky. Went to Colorado last week with family for a quick vacation. Rented a Volvo XC90 from Sixt. What a disappointment. The car was always screaming for more power. Electronics were a nightmare to figure out. There was absolutely nothing exciting about that car.

 

[NateE]

I used to work at a performance shop in Florida back in the early 2000’s that also did repairs and maintenance. CarShield/American Auto Shield were typically used by cars that came through there and we rarely had issues with getting them to pay for repairs and services. But back then the internet was still in its infancy (2002-5ish I want to say) and finding reviews for anything wasn’t as easy as it is today

Fast forward to today where the internet is prevalent and I find TONS of bad press, not just for CarShield, but even the ones my local Porsche dealer says they utilize/sell. Talk to different shop and it’s almost unanimous that CarShield likes to hassle and not pay for all or any of some repairs. And that can be said for any of these aftermarket warranties.

If you have a local indy or dealer you use, ask them who they work with most and have the least issues with or even like. If they’re gonna be doing your work and they don’t have issues, use that company even if the internet says it’s bad. For whatever reason the place you will be bringing your car to has a good relationship with them and deals regularly with successfully, it doesn’t matter what the internet says.

 

[Seks]

Got an email yesterday Friday that the dealership has a slot for my 22 S. I was informed order will be locked in about 3 weeks time.

One thing that is not in my order currently is the Porsche Approved Extended Warranty - 36 months which I want to get.

Should I get that added now? Or can I just wait until furthur down the road (way after the order is already locked)?

 

[Jim Clement - Calgary]

when do you have to / how long can you wait to add the extended warrenty ?

 

[95bRS]

On Porsches, they typically pay off.

 

[Stoofpilot]

Find out if the extended warranty starts at your date of purchase or end of factory warranty.

 

[wwahl]

Find out if the extended warranty starts at your date of purchase or end of factory warranty.

Also buy it before the OEM warranty runs out.

 

[Seks]

Find out if the extended warranty starts at your date of purchase or end of factory warranty.

This is what it says on the configurator

The Porsche Approved Limited Warranty Extension applies worldwide and can be redeemed in every Porsche Centre. It covers 100% of the cost of parts and labour for components under warranty. It also boasts unlimited mileage so you can enjoy every kilometer behind the wheel. And during the warranty period you will pay no deductible in the event of a claim.

Your Porsche Approved Limited Warranty Extension will begin right after your factory warranty expires (either after 4 years or 81,000 km) and will remain active for the opted term.

So end of factory warranty

 

[kevinjessie0522]

We just got my 2022 Macan. Dealer tries to sell the extended warranty like 8 yrs / 100K for ~ $6900. What is your thoughts and experiences on this?

 

[jzwu]

You can always buy extended warranty before the factory warranty expires, so why pay now?

 

[kevinjessie0522]

You can always buy extended warranty before the factory warranty expires, so why pay now?

I see. Because dealer says if i buy the extended warranty later for the same years/mileages, the cost will be higher than current price.

 

[jzwu]

Not really. This extended warranty is basically extra 4 years/50k miles for $6900. That’s $1725/year, not cheap in any way.

 

[Miami2022]

Our dealer offered a $500 discount at delivery for a 2 or 3 year extended warranty. That would have made the 3 year $4695 CDN but we didn’t go for it. We’d rather get to know the car over the next 4 years and decide at that time if we want to extend.

 

[///Bruce]

Who is your insurance through? If Geico, you might have overpaid. MBI is cheap if purchased while new. I've been paying $24/mo for a 6/100 since new at 09/18. Just rolled off the 4/50 factory warranty. I have 2/50 left.

 

[Seks]

We just got my 2022 Macan. Dealer tries to sell the extended warranty like 8 yrs / 100K for ~ $6900. What is your thoughts and experiences on this?

Is that 8 yrs on top of the 4 yrs to make it total 12?

 

[[email protected]>@W]

I see. Because dealer says if i buy the extended warranty later for the same years/mileages, the cost will be higher than current price.

This is a fact.

Another fact is you may not be able to obtain coverage on an older, higher mileage vehicle, depending on your location.


While extended warranties are not necessarily low cost, consider the out of pocket alternative. All it takes is one (1)
serious issue and the cost of the extended warranty will have paid for itself.

It's like any other type of insurance policy. You pay your premiums and wait to see if you'll recover any of the cost.
How about health insurance? Imagine what procedures would be out of pocket w/out that form of insurance...