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pBunny

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Posts posted by pBunny

    Extended Warranty From Warranty Direct?

    in 986 Series (Boxster, Boxster S)

    Posted

    I have an 02 Boxster with 20K miles. I just got a quote from Warranty Direct for their basic coverage of 4 years/100KM, for ~$1850 with a $100 deductable. This is not their bumper-to-bumper plan!

    - I am mainly concerned with major engine/transmission failures in the future.

    - I have until year end 2006 to purchase this warranty.

    - I plan on doing all my own maintenance, and I am as good a DIY mechanic as can be reasonably expected (successful engine/tranny rebuilds under my belt). Is DIY a problem with extended warranty companies?

    - Generally speaking, I do not believe in extended warranties.

    - At this moment, money is tight but available.

    - But, this is a Boxster with potential for RMS leaks and engine replacements!

    Any caveats I should take into consideration prior to purchasing the extended warranty? Any and all input would be greatly appreciated.

    TIA

    I did a lot of D&D on Xwarranties and came to the conclusion WD had the best legal descriptions of covered events. "Wear and tear" is a major factor. Plus I checked with BBB and they do have a good track record in all 50 states. Meaning they do stand behind their contracts- which is what you want. Why else would any of us spend $2G+ for X coverage.

    I got mine for peace of mind, even though my 99 only has 9600 miles. Sounds like you got a great price/term/milage quote.

    As for DIY, I do believe it states YOU have the control over what form of repair to use. If aomething major blows, be aware they will send a REP to authorize it.

    In conclusion- Insurance is a gamble. If your confiident of your abilites put that money into the market and earn interest. If you need it for a blown engine- so be it. AND- as my PCA buds always chide- it's still only a car.

    Regards

    pBunny

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