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Aftermarket Warranty, anyone have it?

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Old 10-12-2015 | 07:05 AM
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Aftermarket Warranty, anyone have it?

I recently purchased my 09 997.2S cabriolet with only 5000miles on it and since I plan to catch up fast on miles I was thinking about the aftermarket warranty, I usually just save my money and take the risk since I don't beat my toys up anymore.


Thoughts ?
 
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Old 10-12-2015 | 08:58 AM
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I bought one - there are some really expensive mechanisms in these cars. I'm more concerned about a random failure rather than failure from abuse - especially with a first gen PDK car. But even things like a mirror motor or door glass motor could nickel and dime you to death. My advisor said the best thing to do is not make a claim (for minor issues) until a number of issues accumulate so the deductible is applied to all of it.

It's a gamble and the warranty companies have to win mostly otherwise they'd go out of business, so...my theory has always been expensive German cars without a warranty is swimming in deep water, but I mostly had BMWs and not a Porsche, so maybe it's different. Will be curious to see what others say.
 
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Old 10-12-2015 | 10:50 AM
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Never considered it, I had to replaced tie rods and probably need a new starter or cables, it's slow to start but both are wear and tear items that will not be covered under any warranty.
 
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Old 10-12-2015 | 04:10 PM
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I would! I have a "Fidelity Platinum Warranty" which has been a great help! It also covers suspension items such as tie rods, upper & lower control arms, struts,water pump,etc.etc...also covers a starter! I paid also $4,000 for 6 yr./60,000 miles.
 

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Old 10-12-2015 | 10:21 PM
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I have Fidelity Platinum Warranty. my '06 997 had 20,150 mi. paid $4,000 for 6 yr/60,000 mile
 
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Old 10-13-2015 | 09:13 AM
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Don't want to rain on anyone's parade but as far as Fidelity goes I think that this link is worth reading...

http://www.consumeraffairs.com/auto_.../fidelity.html
 
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Old 10-13-2015 | 12:35 PM
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Originally Posted by Astur
Don't want to rain on anyone's parade but as far as Fidelity goes I think that this link is worth reading...

http://www.consumeraffairs.com/auto_.../fidelity.html
I would not consider after reading the link... even if only a few of the stories are true.
 
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Old 10-15-2015 | 12:53 PM
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Originally Posted by HOUSE Motorsports
We've had great experiences with Fidelity PLATINUM.

Like I've written before - a lot of it comes down to who is submitting your claim, and what they do/do not know. When the inspector comes out, it's almost always a judgement call. If you have someone well versed, educated, and can explain why things must be replaced/covered - they cover it. If you have someone who lets the inspector decide, guess what - they will probably deny it.
+ 100

i have Fidelity Warranty. I think its Platinum coverage. Bought it a year ago when i got my 06 carrera 4 with 43K miles. Paid something like $3400+ for 2 years. Yes pricey, i know but a year later and 4 visits to the dealer they paid out about 5 grand worth.
Coils, some sort of computer module in steering wheel, ball joint, steering rack, shift cables and getting fixed now leaking Main and IMS seals.
Considering i do not have a garage to work in and at the mercy of dealer rates, id say it was a good investment.
 
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Old 10-20-2015 | 12:02 PM
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So I'm a couple years into my 2007 997.1 Turbo with 29k miles. Just picked up Fidelity Platinum 6yr/60k miles $250 deductible for $4.5k. Elliot Dawson @ Circle Porsche took care of it for me. My local dealer was much more expensive.
 
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Old 11-16-2015 | 07:25 PM
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Originally Posted by rdrozd
So I'm a couple years into my 2007 997.1 Turbo with 29k miles. Just picked up Fidelity Platinum 6yr/60k miles $250 deductible for $4.5k. Elliot Dawson @ Circle Porsche took care of it for me. My local dealer was much more expensive.
Wow that's a great price.
I'm glad i got mine. It paid out more than 9 grand in a touch more than one year.
Unfortunately my deductible is 250 as well. and between at least 6 visits, two tows and a few things that warranty would not cover, over 2 grand came out of my pocket.
 
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Old 11-16-2015 | 11:56 PM
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Originally Posted by Tomp
I recently purchased my 09 997.2S cabriolet with only 5000miles on it and since I plan to catch up fast on miles I was thinking about the aftermarket warranty, I usually just save my money and take the risk since I don't beat my toys up anymore.


Thoughts ?
Never bought one that didn't pay for itself. On CPO coverage now but the 4-year policy I had on the -09 C4S cost me $3,200 and paid out almost $16,000 in two years including a $14K PDK replacement.
 
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Old 11-18-2015 | 07:00 AM
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Originally Posted by HOUSE Motorsports
We've had great experiences with Fidelity PLATINUM.

Like I've written before - a lot of it comes down to who is submitting your claim, and what they do/do not know. When the inspector comes out, it's almost always a judgement call. If you have someone well versed, educated, and can explain why things must be replaced/covered - they cover it. If you have someone who lets the inspector decide, guess what - they will probably deny it.

Full disclosure: We don't sell any aftermarket warrantys here at the shop, but we submit claims about once a week for our customers who have them. We've been able to save our customers a good amount of money for what they paid for, so long as the items fall under the covered items in your tier of coverage. My advice, would be to get the Platinum level, or don't do it at all.

+1

Fidelity paid for a silly expensive replacement of the TPMS sensors for $1200 (dealer price). The adjuster did not even inspect but talked to the service manager with whom they have an existing, trusting relationship. If you follow the rules and the service advisor is respectful of those rules, Fidelity will pay for covered items.
 
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Old 11-18-2015 | 09:43 AM
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I also have fidelity platinum warranty for 2008 997TT for 6 years/60k miles cost $2400. It already paid for charcoal canister which is part of the emission for $800 with $250 deductible. SA called them and they authorize the repair without any issue, it was easy process he said. Well worth my sleep at night worrying about this car breakdown.
 
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Old 11-18-2015 | 06:41 PM
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My CPO expired this past July ('08 C2S cab with 58k miles then, 60k now), and I debated long and hard whether to purchase an extended warranty. Due to the relatively high miles on the car, it would have been ridiculously expensive.

However, prior to the CPO expiring, my local dealer (not where I bought the car): replaced the charcoal canister; replaced the TPMS sensors; replaced the battery cables; replaced the water pump; and replaced the rear struts; all under warranty. Close to $10K worth of work.

Of course, wouldn't you know that the driver side door handle cable broke two weeks after the warranty expired, which cost $400 to replace. But all things considered, I'm reasonably confident that I can drive the car another 60K miles without an extended warranty and without undue risk of massive maintenance costs.
 
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Old 11-20-2015 | 06:35 PM
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Bought car with 11k miles and the warranty was running out in next couple monrhs. I bought the Fidelity 3 year/36k before it expired for approx $3,000, don't remember actual #. It was worth it just for peace of mind.
 


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