Hi,

I was quoted $4700 for a 4 year/48K miles Fidelity Warranty with a $250 deductible through a local Porsche dealer in SoCal. I have 42k miles on my car now and my CPO ends in 3 months. Is this good deal? Any other companies I should consider other than EasyCare as they are even higher cost and I don't think worth it. Anyone use the CarMax warranty company?

 

Look up cacu.com. It's a credit union in Kansas and I was just quoted 1300 for a 3 year 36k warranty. This was on a purchase so it may be different for you. This was on a 2009 with 50k miles.

 

My understanding, and my experience when shopping to add an after-market extended warranty to my car, was if you have less than 10K miles it is much cheaper to buy a warranty. Once you hit 10K miles the cost goes up. In my searching, and I am not an insurance expert, the Fidelity Platinum warranty appeared to be the best and ultimately what I ended up buying to cover my car to 2020 or 109,000 miles with a $100 deductible and fully transferable.

I will sleep easier at night knowing the car is covered. My factory warranty expires in November of 2014 BTW and the car was not a CPO as I bought from a private party and our local P-car dealerships would not even discuss CPO coverage since they did not sell it.

 

Do your home work with any aftermarket warrenty.....

 

Mine will expire in 45 days. When I checked cost, and since i put about 20k/yr, warranty would cost me about $1,800.00. I plan on going self-insured.

Check Costco also.

 

I had very good luck/service from Warranty Direct warranties years ago, on an AWD Aerostar van we had...notorious transfer case problems. Saved me a bundle.

Now shopping P cars and I think most are trying to insure against a catastrophic engine failure?? I mean what else would be worth $2000 to insure? A transmission I guess, but you rarely if ever hear of transmission failure. Covering a power steering unit is one thing...covering a $20,000 engine is entirely different. I imagine most engine claims filed are fought tooth and nail! They might roll over for a $5000 repair but you present that engine failure and it's going to level 3 customer service review immediately. I think a guy on Rennlist had a replacement via CNA warranty.

 

I checked Costco. They use Century Warranty Company and their prices were so rediculous it was a joke.

 

How much did you buy the Fidelity warranty for and what was the mileage when you bought it?

 

Now you know why I'm going self insured.

Let me know what you find. If it's low enough, I might reconsider.

 

I have a really stupid question, is there anyway to check if u have any aftermarket warranty on the car?

 

That's high. I have the same coverage (Gold Plus, I believe) and I paid around $3700.

 

I got 48 months, no deductible, full bumper-to-bumper from Mercury for about $4K (I think). It can be refunded pro rata less any warranty payments at any time. I have already used mine for a the 2006 alternator cable problem ($1500) and water pump failure and rear axle boot ($1000?, can't remember). I thought it was a good choice since I bought my car private with 46K miles.

 

I paid $4600 for a 60 month EasyCare policy on my GT3. 3 months later, had a pothole damage claim on rear wheel ($2000 wheel) and they rejected the claim. Argued with their head office but to no avail. Dealer was zero help (and they sold me the policy). I figured if they would not cover simple wheel damage, it was a crapshoot for something serious later,especially when I do some Porsche Club Drivers Ed events that they could hold against me. Cancelled the policy and got a refund for most of it back. Based on this experience, the "uncertainty" of a getting a major claim approved in the future was worse than the "possibility" of getting a major claim approved in the future for me. I'm not worried about nickel and dime stuff (as if there were such a thing with a GT3).

 

I am not aware of any extended warranty policy that would cover pothole damage to a wheel. That seems to me to be insurance claim and not a warranty claim.

 

I have CNA national. I bought their highest coverage warranty through my local Porsche dealer. It has $0 of deductible if I bring it to the dealer that I purchased the warranty from ($100 for any other dealer). It cost me about $3200 for 4 years/24k miles. My car had about 9000 miles when I bought the warranty. Price is only one consideration of aftermarket warranty. If you go bargain basement and have an issue, the last thing you want is the warranty company to give you hassle over your claim. These companies are just like insurance companies. It is in their best interest to deny claims if it is legal for them to do so.



The warranty has already paid for itself in that my entire engine was replaced about a month ago. I never had to pick up the phone and talk to CNA directly, it was all handled by the dealer (see this thread).