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Recommended Posts

Posted

I'm in the market for a 2002-2003 C2/C4S with around 30k miles, probably 6sp.

I look seriously and I see/drive cars almost every weekend now. I'm going to purchase pretty soon, just looking for the best car/deal.

I am located in So California, LA area.

I don't want to get an overpriced Certified Preowned from the dealer, I think I'm better off buing a non-certified car & buy extended warranty.

I just don't now wich aftermarket warranty one is best for me. I noticed that many companies do not sell extended warranty in California. Some do, but not all cover cars older than 4 years (like Warranty Direct).

I want to ask you what is your opinion on this.

What companies do you recommend, what companies do cover older cars, with what companies have you had good experience in the past, and what to avoid.

I never purchase extended warranty before.

Thanks in advance.

razteo

  • 3 weeks later...
Posted

I did my research on extended warranties before buying my 2002 C2 earlier this year, and based on what I read, you should not buy one. Repairs during the coverage period would rarely equal the cost of expensive extended warranties, and, generally speaking, insurance companies will do all they can to avoid paying out on the policy because of carefully-worded exclusions.

If I were you, I would do your homework on the particular car you plan on buying (obtain a car fax report, check maintenance records, and have it checked by a mechanic) and avoid the extended warranty....

Posted
I did my research on extended warranties before buying my 2002 C2 earlier this year, and based on what I read, you should not buy one. Repairs during the coverage period would rarely equal the cost of expensive extended warranties, and, generally speaking, insurance companies will do all they can to avoid paying out on the policy because of carefully-worded exclusions.

If I were you, I would do your homework on the particular car you plan on buying (obtain a car fax report, check maintenance records, and have it checked by a mechanic) and avoid the extended warranty....

First of all thank you for your replay – most of the people here have extended warranties but they just don’t bother to answer my post – but I guess is not a very hot topic.

I did my own research here and there, I search in the archive here too, I spoke with a couple of mechanics and owners, I spoke with the people at dealer Service, and I’m still doing it.

I kind of found out what I want to know about the extended warranties and what dealers prefer, etc.

But my conclusions are a bit different. I got scared reading about the reliability of these engines and the dollar amounts for the repair costs. From this point of view, I definitely want to get extended warranty.

On the other hand, those warranties are very expensive, is very well possible that you overpay buying the warranty – like you said, the repairs may cost you the same, or even less.

But what if you need a new engine? We’re talking here more than $10k versus $3k the warranty for few years. And is not only the engine there..

Another turn off is the way that warranty companies are avoiding to pay at all costs – which is make me sick. Here is where is important what warranty you get & from where. Also, I noticed that a good warranty company which will work easier will also cost more.

I just don’t want to jeopardize, I may be to caution, I may think it too much, but I also never had a Porsche before and I’m not very relaxed when it comes to the $ numbers that I read & heard.

Thank you.

Posted

I got "Warranties 4 Wheels" for my first 996, a 99 Cabrio. Good reviews in BBB OnLine. I would not do that again, wasted $$, as you mentioned, they avoid paying at all costs.

My 03 Coupe I WANTED Cerfified, just for the warranty. My local dealer I trust and know if anything comes up, they will fix it on Porsche. I know the "Certification" is not a guarantee for a trouble free car, but I rather pay the same amount I would pay another warranty company to Porsche if they will stand behind their product for 3 more years. Just my experience.

Posted

I just went through the same drill in purchasing a 2002 C4S myself and had the same concerns as you in reading the posts having to do with the RMS issu for one and the associated costs.

I took the advice of many in this forum and looked for a car with an extended warranty and found a car with the warranty ( till March 2008) which allowed me "piece of mind". The warranty company is "Fidelity" and they have been more than accomodating in getting the coverage switched over to me with as little hassle as possible. I have the Gold Coverage whichcovers ALL mechanical issues B2B.

Good luck with your search and hope you find what you want in color and options. The advise of the forum was to be patient and they are spot on and make sure you get an independent PPI before purchase. I did and it made my purchase much easier and was well worth the $$'s. THe C4S was well worth the effort and I love the looks and feel of the C4S as I drive it in various road conditions. :drive:

demosan

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