Extended Warranty Question 4 years/75K Miles
#1
Extended Warranty Question 4 years/75K Miles
My Cayman S is now 4 years old and I don’t plan to get rid of her anytime soon. I have 24,900 miles on the car and my warranty expires in two weeks.
I spoke with the leasing group at Momentum Porsche in Houston Friday and they said if I purchase an extended warranty before 25,000 miles and before my warranty expires, this will save me over $1,000 on the warranty.
They said they would sell me an additional 4 years and up to 75,000 warranty with a $250 deductable for $2,800. They would also cover the cost of a “mandatory” 120-point inspection.
Finally, they require an oil change prior to the warranty going into effect. I just did my 20,000 mile service recently and a Porsche oil change is not cheap.
Is this a good deal? I have a meeting with the warranty person at Momentum at 5pm today to discuss further.
I spoke with the leasing group at Momentum Porsche in Houston Friday and they said if I purchase an extended warranty before 25,000 miles and before my warranty expires, this will save me over $1,000 on the warranty.
They said they would sell me an additional 4 years and up to 75,000 warranty with a $250 deductable for $2,800. They would also cover the cost of a “mandatory” 120-point inspection.
Finally, they require an oil change prior to the warranty going into effect. I just did my 20,000 mile service recently and a Porsche oil change is not cheap.
Is this a good deal? I have a meeting with the warranty person at Momentum at 5pm today to discuss further.
Last edited by brick; May 2, 2011 at 08:57 AM.
#4
Make sure you understand what you're getting.
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