Best answer: How does Porsche extended warranty work?

How much does a Porsche extended warranty cost?

Some owners report paying between $3,500 and $4,000 for extended coverage. If you’re interested in extended warranty plans, you can contact your local Porsche dealership for more information regarding costs.

Is Porsche term protection worth it?

A Porsche warranty is worth it for most car owners because of the high cost of maintaining a Porsche. With a Porsche extended warranty, you know you are protected against expensive repairs. Even if you don’t end up using the coverage often, the peace of mind can be worth it.

Are extended warranties a waste of money?

Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. … In most cases, it’s best to skip the extended warranty and use your extra cash to build up an emergency fund.

Does Porsche warranty cover oil changes?

No, the Porsche warranty does not cover routine maintenance, lubricants, refrigerant, and other fluids or services such as tire alignment.

How much is Porsche 911 extended warranty?

While Porsche doesn’t publish prices, we found Porsche owners report paying $4,000 to $6,600 for a plan. You’ll also have to negotiate with a Porsche dealer for coverage. Our research has found that dealers often mark up warranty costs by several hundred dollars.

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What voids Porsche warranty?

This warranty does not cover:

Batteries damaged from storage, lack of normal vehicle use, or non-Porsche Approved electrical or accessory installation. Tires damaged by road hazard. (If you need further assistance, contact your authorized Porsche automobile dealer.) Tires damaged by premature wear.

How good is a Porsche CPO warranty?

Porsche Certified Pre-Owned (CPO) Warranty

Porsche’s warranty for its certified pre-owned models is excellent. You get any remaining portion of the original new vehicle warranty plus another two years/unlimited miles of coverage.

Does Porsche have free maintenance?

Porsche offers the optional prepaid ‘Scheduled Maintenance Plan’ for its new vehicles. There were changes to the plan more recently, as all new cars now include a complimentary first annual or 10K mile service. Some of these maintenance plans on offer, can run into multiple thousands of dollars.

Is Porsche extended warranty transferable?

In the event of a resale, the Porsche Approved Warranty even enhances the value of your Porsche, as it is fully transferable providing the car is sold privately or to a Porsche Centre. The benefits of the Porsche Approved Warranty: … Coverage for Porsche vehicles up to 15 years old.

Why should you avoid extended warranties?

A March study from Stanford University found that consumers may overpay for extended warranties because they overestimate the likelihood that a product will need a repair. Still, nearly a third of consumers have purchased one, with those buying exercise machines and major appliances most likely to to do so.

Will extended warranty cover engine?

Generally, your warranty will cover major mechanical components like the engine, the transmission and major moving parts like the drive axle.

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How is an extended warranty prorated?

You can cancel an extended warranty at any time and you’ll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won’t drop, but you may pay off the car sooner after the refund is deducted from your balance.