Extended Warranty

[Vish_ster]

Folks,

I browsed thru a bunch of topics on this but I'm just trying to understand if

1) As part of the Pre-Purschase Inspection - things looked normal in the car

2) No major carfax issues

3) Rides fine today

What things could I possibly be looking at fixing in the next 2 yrs (say if I plan to switch to a better P-car, after this time)?

Also the 90s Boxsters had a number of engine rebuild requirements? Is this still the case into the 2000 - more so 2000?

How do I find out if any major work has been done to this car - It was purchased from a private party who purchased it from a private part 9 months ago and who in turn bought it from a (non-Porsche) car dealer.

Would the latter be a good starting point?

From your experience of owning a 2000 model (say S too), should I seriously consider an extended warranty for 2-3yrs?

Warranty Direct quotes me at 2700 for a 2yr on this car. If I do end up selling this in 2 yrs - is it really worth packing in 2.7K during this time in warranty, given this mileage?

It just completed the 60K service along with front brakes/rotors replacement.

Appreciate your thoughts on this,

Vish

[Topless]

Vish,

It sounds like the car has changed hands a lot in 6yrs. This is a red flag to me although it is pretty common with most roadsters. There is nothing wrong with a 2000 model year car. How do you feel about extended warranties in general? What Exactly does the warranty cover and what are your responsibilities regarding maintenance? Some EW are really very good (like factory warranties) and some are so full of holes that they virtually cover nothing. Read the fine print. I buy a lot of used cars and I am not an EW guy. I trust my instincts take my chances and have done pretty well so far. If you factor the EW into the price is the car still a good deal? If so it might be worth the $$ on this one considering the mileage and fragmented history.

Edited September 18, 2006 by Topless

[Vish_ster]

Vish,

It sounds like the car has changed hands a lot in 6yrs. This is a red flag to me although it is pretty common with most roadsters. There is nothing wrong with a 2000 model year car. How do you feel about extended warranties in general? What Exactly does the warranty cover and what are your responsibilities regarding maintenance? Some EW are really very good (like factory warranties) and some are so full of holes that they virtually cover nothing. Read the fine print. I buy a lot of used cars and I am not an EW guy. I trust my instincts take my chances and have done pretty well so far. If you factor the EW into the price is the car still a good deal? If so it might be worth the $$ on this one considering the mileage and fragmented history.

Hi Topless,

Thank you for the reply here.

To give more detail on the actual ownership history, the car was bought in CA, moved in CO and came to AZ 2 yrs ago. The total number of owners (as per Carfax(Although it is kinda of weird when I looked up my current daily rider - it shows up as 4 owners - though I've had it from Day 1 in 2000. Must be the move between States that can cause to register as a new owner)) is 5 excluding me. The original/3rd owner drove it for 2 yrs and since then it has been changing hands.

I was wary about the number of owners too (if Carfax is accurate on the exact count of the # of ppl who

owned" this car) but was told by the Porsche Independant Mechanic (who did the PPI) that this is quite common on roadsters too. The sale was contingent on the PPI and the PPI was quite clean for the car.

I was contemplating a used S2000 or a Boxster S with a budget of 25K so the Boxster S at 22.8K was a steal with 57.5K miles on it. Hence I went ahead with the Boxster S (which according to KBB, even with those high miles should be a PP sale for 27.5K).

I also checked with the local dealer (Scottsdale Porsche) on any major issues/recalls on the this one via the VIN # - none at all.

The extended warranty is from WarrantyDirect.com. I have seen some other members also use this.

I was thinking of the 25K (or 2 yrs) warranty for 2.7K with a 100 deductible for the "Major Care" one. I'm going thru the fine print (did mention that they won't cover the clutch/assembly) now.

Having read quite a few article on 98/99 Boxster engine blowouts etc, I was worried on this one especially given the fact that it is 6yrs old/ on the 6th hand now/ with nearing 60K (How ironic on the 6s ;))...

But that 2.7K is a lil pricey for 25K though :cursing:

Hence was wondering how many things could fundamentally go wrong with this - say I decide to only drive it for 2yrs. The mechanic said - 3.2L are better engines compared and atmost I may need a new clutch sometime in the next 20K miles as long as I do the regular PM work.

V

[Topless]

Vish,

Trust your mechanic. He has actually driven and tested your car. If he has done this for a while he knows the difference between a sweetie and a car that has been beat on. New clutch...maybe. New coolant reservoir...maybe. New gearbox or engine... not likely. Insurance companies are like Casino owners. They are betting that you won't have to spend half of that $2700 over the next two years. They are usually right.