Stuart21UK Posted June 13, 2016 Report Share Posted June 13, 2016 So today I had a courtesy call from OPC Silverstone to check I was happy with the work done last week...amazing how well that works as I called back to book in for an MOT and warranty extension for early Septemeber (thought I'd better get it booked to secure a loan car as they were booked up around 3-4 weeks ahead of time when I called about the fan issue). So costs quoted at: £54.85 for MOT plus £260 for 111 point check to assess for warranty extension, I negotiated this down from £260, to £30 off, to a final £96 inc vat plus £169 for a single year Porsche Assistance and £275 for two plus £660 for a single year warranty and £1190 for two So total cost for all and 2 year warranty/PA/111 check = £1561 or for 1 year of each £925 (both plus MOT) I never extended the standard 'used' warranty on the 987, I'm more minded to do so on the 981. It's odd I feel different about it, maybe it's because the car is worth more than the 987 was at the point its initial 2 years expired (and it was a little bit older too). It's booked in, I have 10 weeks to reflect and cancel if I change my mind... Question is what would you do? take 1 year take 2 years or take none? Link to comment Share on other sites More sharing options...
Stuart21UK Posted June 13, 2016 Author Report Share Posted June 13, 2016 BTW car value probably in the mid £30's, obviously just coming up to 3 years old..had a couple of warranty items attended to over the last 33 months..has 26,000 miles on it with no known issues as it stands Link to comment Share on other sites More sharing options...
Ringer250 Posted June 13, 2016 Report Share Posted June 13, 2016 These can be expensive cars to repair, so if it's a keeper, I would go the 2 year OPC route but no harm in comparing with a third party during the 10 weeks. Link to comment Share on other sites More sharing options...
Gorsh Posted June 13, 2016 Report Share Posted June 13, 2016 Two year warranty worth it for peace of mind IMO - even if you plan to sell in the next two years it should help secure a good price on a private sale. Link to comment Share on other sites More sharing options...
Musicboffin Posted June 13, 2016 Report Share Posted June 13, 2016 Think it's worth the 2yr option if you're covering approx 9k miles per year. There's also added value if you decide to move it on during that period. Link to comment Share on other sites More sharing options...
Buzzfox Posted June 13, 2016 Report Share Posted June 13, 2016 45 minutes ago, boxsternoob56 said: BTW car value probably in the mid £30's, obviously just coming up to 3 years old..had a couple of warranty items attended to over the last 33 months..has 26,000 miles on it with no known issues as it stands Crystal ball time really, a roll of the dice. You've got to have 925 quid's worth of problems per year to break even and so far you've had a couple of issues over 2 1/2 years. What would they have cost if not covered under warranty, £925 per year or more? Part of me thinks manufacturing related problems are likely to show themselves in the first 2 or 3 years so after that manufacturers are going to blame wear and tear and it'll be a battle to get warranties to cover much. On the other hand what price is peace of mind? Link to comment Share on other sites More sharing options...
mike597 Posted June 13, 2016 Report Share Posted June 13, 2016 It all comes down to your approach to risk, I'm sure Stuart you understand that as well as any of us. The insurance premium is essentially a stop-loss bet or a hedge against potential loss. The downside to insurance is once the premium is spent it is unrecoverable. The alternative approach is to put the premium costs to one side and if you need to spend it, you can, if not you get to use it for something else which you cannot with a premium. The risk assessment is how likely it is you'll need to spend significantly more than the premium on the car i.e. what's the chances of something major blowing up in the 2 years or so that will wipe out the 2k of premium plus a whole lot more. Personally, I'm not a gambler, but I'd take that chance. Link to comment Share on other sites More sharing options...
mike597 Posted June 13, 2016 Report Share Posted June 13, 2016 BTW can't believe it's 3 years now you've had that....that's passed quickly Link to comment Share on other sites More sharing options...
topradio Posted June 13, 2016 Report Share Posted June 13, 2016 If I have either of the known problems that Stuart has had and my car was no longer under warranty I would have a pretty big argument with the dealer if he wasn't prepared to do the work at no cost. (or at least significant discount). In fact I might have to get all DJMC with them. Link to comment Share on other sites More sharing options...
JohnSyn Posted June 13, 2016 Report Share Posted June 13, 2016 Its about peace of mind Stuart, I'd definitely go for the two year extension. As Steve says, they are expensive cars and certainly a big problem would make what you paid be small change. Link to comment Share on other sites More sharing options...
RBD914 v2 Posted June 14, 2016 Report Share Posted June 14, 2016 What does the Porsche Assistance give you? Link to comment Share on other sites More sharing options...
Simo_UK Posted June 14, 2016 Report Share Posted June 14, 2016 33 minutes ago, RBD914 v2 said: What does the Porsche Assistance give you? Breakdown cover..... Link to comment Share on other sites More sharing options...
r1flyguy Posted June 14, 2016 Report Share Posted June 14, 2016 Hey Stuart, My my cars over 8 years old & ive had a 2 year warranty/breakdown extension on it for peace of mind. just a point of note, my previous 2 MOT's were done at Formula1 auto centres booking online it was £25. when I had my car serviced I asked about the MOT cost & they price matched considering all the other costs I'd just incurred Only a small saving but every penny helps as they say. Link to comment Share on other sites More sharing options...
Nobbie Posted June 14, 2016 Report Share Posted June 14, 2016 If you want peace of mind then definitely avoid 3rd party warrantees as many seem to do there utmost to avoid paying out by making you pay to have suspect parts removed and sent to them for inspection and putting caps on labour costs which would rule out OPC and many specialist garages. OPCs will do the work themselves and the process will be much easier. Not saying they won't reject some things for 'wear and tear', but they have a reputation to uphold so should play relatively fair. anyone know any different? Link to comment Share on other sites More sharing options...
Menoporsche Posted June 14, 2016 Report Share Posted June 14, 2016 It depends. Does it cover roof scuffing? Link to comment Share on other sites More sharing options...
Nimmo12 Posted June 14, 2016 Report Share Posted June 14, 2016 Although my warranty doesn't run out until next April I've been thinking what to do when the time comes. If an issue comes up with the 111 check presumably, if still within the 3 years, it will be covered by your existing warranty. If something needs fixed, or indeed if the car is clean, can you then decide to opt out of the warranty extension or by accepting the check are you then committed? From what you have said before the car could be a keeper in which case continuing the cover might be sensible. How about other providers of breakdown assistance to keep costs lower? Or is there an advantage to Porsche's version? My instinct as having 'a glass half full' disposition would be to look upon it as part of Porsche ownership and reluctantly go for the extension for two years and then forget about it. Cheers Alex Link to comment Share on other sites More sharing options...
RBD914 v2 Posted June 14, 2016 Report Share Posted June 14, 2016 13 hours ago, Simo_UK said: Breakdown cover..... Seems very expensive when you can it get as part of your car insurance...? Link to comment Share on other sites More sharing options...
spyderman8 Posted June 14, 2016 Report Share Posted June 14, 2016 So long as I fully expect to keep the car for that long, I'd get a two year Porsche warranty extension and skip the recovery as I get that free with my bank account. Link to comment Share on other sites More sharing options...
Stuart21UK Posted June 14, 2016 Author Report Share Posted June 14, 2016 13 hours ago, Menoporsche said: It depends. Does it cover roof scuffing? do you know I looked at the roof again today and TBH it is probably worth extending for that alone.... Link to comment Share on other sites More sharing options...
Stuart21UK Posted June 14, 2016 Author Report Share Posted June 14, 2016 3 hours ago, Nimmo12 said: Although my warranty doesn't run out until next April I've been thinking what to do when the time comes. If an issue comes up with the 111 check presumably, if still within the 3 years, it will be covered by your existing warranty. If something needs fixed, or indeed if the car is clean, can you then decide to opt out of the warranty extension or by accepting the check are you then committed? From what you have said before the car could be a keeper in which case continuing the cover might be sensible. How about other providers of breakdown assistance to keep costs lower? Or is there an advantage to Porsche's version? My instinct as having 'a glass half full' disposition would be to look upon it as part of Porsche ownership and reluctantly go for the extension for two years and then forget about it. Cheers Alex the 111 point check was knocked down in price so presumably I could pay for the full price of it and not go for the warranty, given the warranty is insurance backed anyway so it's the 111 point check that is really only the 'labour part' they will have carried out.. Link to comment Share on other sites More sharing options...
Stuart21UK Posted June 14, 2016 Author Report Share Posted June 14, 2016 2 hours ago, RBD914 v2 said: Seems very expensive when you can it get as part of your car insurance...? the porsche Assistance is covered by the AA or RAC (it switched from one to the other a years or so ago IIRC)...£169 for a year is more than the cost if you buy it direct, £275 for 2 years becomes a bit more competitive and it should be noted that a £100 policy direct with AA/RAC will become £200 on renewal anyway (Skanking b*st*rds) unless you rebroke it completely. Link to comment Share on other sites More sharing options...
Stuart21UK Posted June 14, 2016 Author Report Share Posted June 14, 2016 just reading the Porsche Assistance guide it states under exclusions - 'not complying with Porsche N rating or other technical requirements' Link to comment Share on other sites More sharing options...
Pandy Posted June 15, 2016 Report Share Posted June 15, 2016 On 6/13/2016 at 10:03 PM, Buzzfox said: Part of me thinks manufacturing related problems are likely to show themselves in the first 2 or 3 years so after that manufacturers are going to blame wear and tear and it'll be a battle to get warranties to cover much. On the other hand what price is peace of mind? Although I've taken extended warranty on my previous Boxsters, I had been thinking along similar lines that I wouldn't bother this time around. Then a couple of weeks before the 3 years was up a fault developed with a brake sensor - OPC sorted under warranty. So I bit the bullet and bought 2 years cover without roadside assistance - which as others have mentioned is a lot cheaper elsewhere. Wear and tear v's warranty is a frustrating grey area - leaking PASM shocks for example were excluded on my previous car, although I do get piece of mind that in the event of a really serious/expensive failure, however unlikely, I would probably be covered. Link to comment Share on other sites More sharing options...
drcarrera Posted June 17, 2016 Report Share Posted June 17, 2016 You do get a replacement car under the Porsche breakdown cover, although would you expect to get one from the Dealer / Porsche anyway if the car is under warranty? Link to comment Share on other sites More sharing options...
spyderman8 Posted June 17, 2016 Report Share Posted June 17, 2016 Yes but not necessarily a Porsche. I got an Astra - with almost zero fuel in. Link to comment Share on other sites More sharing options...
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