ICE extended warranty revision

[wab172uk]

Should the 125k miles or 15yrs be increased for ICE cars as many owners won't want an EV but will want the peace of mind a warranty gives.

More servicing work for OPCs too.

I'd be happy with 180k/15yrs (12k per year).

Discuss?

Why would Porsche extent the warranty further? They would rather you bought a new car.

Plus, parts for 15 year old cars might then become hard to get hold of, so why would they want the hassle?

[andreas]

But think... OPCs service income will drop with EVs being much simpler to service.

EVs are much easier to service, but that won't stop Porsche demanding regular "services" to keep OPCs in business. Ask Taycan owners.

Tesla are about the only EV maker to be honest enough to say that no routine servicing is needed.

[Col Lamb]

I bought the extension then did not renew.

So after 4 more years without warranty I now have £3,000 in my Bank which would not have been there if I had taken out warranty extensions.

In another four years as long as I do not have to dip into said £3,000 there will then be £6,000 in my Bank rather than in Porsche’s coffers.

Can do a lot of repairs with £6,000.

[Moriarty]

A lot of uncertainties about the future of motoring these days, and that’s not going to improve soon. I can imagine a world fifteen years from now in which governments have stuck to their guns about EV conversion, customers still won’t or can’t adopt EV, and it will be like Cuba where a whole industry grows around keeping old cars on the road. Though I think their 1950s American cars are prettier than what we will have.

[DJMCUK]

I bought the extension then did not renew.

So after 4 more years without warranty I now have £3,000 in my Bank which would not have been there if I had taken out warranty extensions.

In another four years as long as I do not have to dip into said £3,000 there will then be £6,000 in my Bank rather than in Porsche’s coffers.

Can do a lot of repairs with £6,000.

There are risk takers (like you) and risk averse.
This thread is directed at risk averse.

Do you insure your house contents... your life...? I'm guessing not, as it's better to put the premiums into your bank. That's absolutely fine.

[Wing Commander]

I bought the extension then did not renew.

So after 4 more years without warranty I now have £3,000 in my Bank which would not have been there if I had taken out warranty extensions.

In another four years as long as I do not have to dip into said £3,000 there will then be £6,000 in my Bank rather than in Porsche’s coffers.

Can do a lot of repairs with £6,000.

There are risk takers (like you) and risk averse.
This thread is directed at risk averse.

Do you insure your house contents... your life...? I'm guessing not, as it's better to put the premiums into your bank. That's absolutely fine.

It’s putting things into perspective though.

Folks like Col and I (and others on here) choose to self-insure rather than to pay for an expensive warranty, and we appreciate the risk involved. If need be, we could find a few thousand pounds for a car repair.

I could not, however, lay my hands on enough cash to rebuild my house if it burned down, so I do insurance my property (for a fraction of the cost of buying a Porsche warranty for my car).

[andreas]

I bought the extension then did not renew.

So after 4 more years without warranty I now have £3,000 in my Bank which would not have been there if I had taken out warranty extensions.

In another four years as long as I do not have to dip into said £3,000 there will then be £6,000 in my Bank rather than in Porsche’s coffers.

Can do a lot of repairs with £6,000.

Plus, as well as not paying for the warranty, you also have the option of using independents for service and repairs, which will save thousands more. I'm fairly certain I won't renew my extended warranty in a year's time.

[DJMCUK]

Should the 125k miles or 15yrs be increased for ICE cars as many owners won't want an EV but will want the peace of mind a warranty gives.

More servicing work for OPCs too.

I'd be happy with 180k/15yrs (12k per year).

Discuss?

Why would Porsche extent the warranty further? They would rather you bought a new car.

Plus, parts for 15 year old cars might then become hard to get hold of, so why would they want the hassle?

They may rather I buy a new car but I can't.
They won't have one to sell me.
As things stand they won't have another ICE Macan to sell me and so, like millions of other ICE drivers I'll keep what I have going.

Rather than less parts being available for older cars, more will need to be made as those older cars aren't going to be scrapped as soon as they would if the owners could carry on buying a new ICE model every 2/3 years.

No new cars being made means used ICE cars become scarcer, more in demand, kept in service for longer.
That means a higher demand for spares for older models.

Unless things change of course, and a realistic alternative to EVs comes forward. I suspect that will simply be alternative, net zero, fuels so ICE cars can once again start production. Not long now.

[DJMCUK]

In five months since purchase our Macan has needed...

New battery - £600
New lighting ECU - £1,800
New rear window - £1,200
New rear USB socket - £190
New rear washer pressure relief valve - £1,400
Repair to driver's door mechanism - £340

All covered under warranty. All with home collection/delivery and Macan loan car full of fuel.

I think we'll be renewing come June 2026, hence being rather risk averse when it comes to Macans.

[Wing Commander]

In five months since purchase our Macan has needed...

New battery - £600
New lighting ECU - £1,800
New rear window - £1,200
New rear USB socket - £190
New rear washer pressure relief valve - £1,400
Repair to driver's door mechanism - £340

All covered under warranty. All with home collection/delivery and Macan loan car full of fuel.

I think we'll be renewing come June 2026, hence being rather risk averse when it comes to Macans.

You’ve been unusually unlucky, so I can appreciate your risk averse attitude.

On average, claims are less than premiums paid for warranties, otherwise they’d lose money for the insurance companies, so would not be offered.

Your unusually unlucky first five months will be outweighed by numerous warranty purchasers who have not claimed.

Warranties are, in a way, like a casino or a bookies - odds are stacked in their favour.