K3LVC

Thanks all - plenty of views there to reinforce my previous thoughts and I need to decide my appetite for risk

Final Q - is the Porsche Breakdown cover only available with warranty etc or can it be taken seperately without the 111pt check etc ?

3 months into ownership of my 25k mile 2009 2.9 and I need to make 'investment' decisions

Bought from a (non-Porsche) franchised dealer after a successful 31st December negotiation but had no service book - confirmed that early services done at OPC's and last one in March '20 at local specialist (together with plenty of work done/documented pre '21 MOT)

Do I

a) blow my bonus/become best friend of local OPC, get it serviced by them and throw 2 years Porsche Warranty/Breakdown at it whilst getting replacement service book etc

b) re-visit local specialist for servicing then run without warranty/ take generic breakdown cover - invest additional in replacement ICE

Any combination of the above ?

I'm expecting to double the mileage in the next couple of years - Alps/Monaco GP/Cornwall etc if that has any bearing 

On 1/6/2022 at 6:29 PM, dunks said:

But if the backside drops out then your replacement will be cheaper , the whole concept of insurance is you should be able to buy a replacement car in same condition, with same miles and same age as the car written off with the payout 

In which case I'm happy to insure, for a reasonable cost, against the negative equity created. Looks like the Total Loss protection might be a better way forward for my needs

17 hours ago, Stuart21UK said:

personally I wouldnt bother with Gap on a 10yr old car

Normally I wouldn't but if in 6mths the backside drops out of the current market I'm left with an insurance value of (maybe) 50% of what I paid with a loan still outstanding.

Looks like I'll investigate the 'agreed value' options

I've just finalised the purchase of my first Porsche (987.2 2.9) and looking for RTI GAP insurance but all seems to come with a 10yr age limit. 

Has anyone found anyone that offers on older vehicles or an alternative suggestion to cover the difference between replacement price and book price should the worst  happen ?