Warranty on a Used Boxster S

[VROOOM]

I recently purchased a used 2001 Boxster S with 30k miles. I have been offered a warranty for $3300 for the next 5 yrs/75000 mi (that's 105,000 mi total). It would NOT cover wear and tear (brake liners/rotors, clutch, non-metal hoses) and could use remanufactured and non-original parts. It would cover engine, transmission, leaks and gaskets, AC, heater, electronics, convertable motor, suspension, ABS, etc.

The issue: Is it worth it? I will probably drive the car 9000 mi/yr which over the next 5 yrs which would bring me to 75000 mi. Should I expect to pay near $3300 on parts and labor for covered issues? This warranty is transferrable for $50 to the new owner if I sell it.

Help.

Thank you,

VROOOM

[Danyol]

Vrooom,

Who is the warrantee through?

[bnewport]

Seems expensive. My 99 911 (bought in 2003) warranty with repair master is same sort of deal but was 2500.

[VROOOM]

The warranty is through Vehicle One.

[djantlive]

Assuming zero deductible, I think it's a pretty good deal if they actually live up to their promises. Is it worth it? That depends on the car's repair history. If RMS has occured before and this warranty covers up to an engine replacemnt, I think it's worth considering. What is their coverage on labor rate? Dealer rates are often 2x the coverage so you'd be out of pocket unless you go to some crappy shop like Sears.

[ukchris]

I paid $2300 for 7 additional years 85,000 total miles on my 03S, $100 deductible. If you'd like contact details shoot me an email or PM.

[VROOOM]

ukchris,

Who is that through?

VROOOM

[pokey]

I have a warranty thru GE Financial. I got the warranty at a little over cost for $1590. Read the fine print because a warranty can exclude many items. My warranty is the GE 4 star with the addon options for electronics (instruments, elec ignition, etc.) and power tech (power windows, top, seats, mirors, cruise, etc.). So far the only thing it did not cover was the oil separator. So far it has worked well except for one thing beyonds GE's control - the dealer . . . My local dealer boosts their effective billing rate by increasing the number of labor hours for a job, and GE has a pre-established number of hours for each repair. My dealer bills me for the diff. Example: my dealer charges 12 hours for a rear main seal (RMS) replacement while GE reimburses for only 6 hours. Based on my inside knowledge, I understand that 6 hours is very feasible for a tech to do an RMS repair. In other words my dealer is effectively billing at over $200/hr! (yea, I no longer use that dealer)

[Danyol]

Pokey, Does GE financial sell policies direct or only through dealerships?

Ukchris, can you PM me on who your policy is with?

:help: