Hey all,
Really quick question. Could someone please help me with this. Is Porsche platinum warranty worth it on a Certified preowned. The new car warranty expires in July 2024 and the dealer is saying I could get the additional platinum warranty for $7000.
Please help :) thank you
Solid analysis Any insurance is a risk balancing or mitigating tool. Its a gamble on paying X now to avoid a possible paying Y later.
7k now is about 10K Canadian. That buys a lot of standard repairs that would be covered under a policy. If it includes tires, I assume it does not cover normal wear but only damage?
I did the extended warranty on my CPO 911 I bought 10 years ago as the regular warranty was running out. It bought peace of mind though it was a number of years ago so the price was much less. In the end I didn’t come out anywhere near even let alone ahead.
Not sure what the average cost of ownership is on OPs Cayenne but that is an important factor if this becomes a calculation vs a gut decision
Thank you for this answer :) It doesn’t have the tires coverage but basically it gives you all the benefits of the new car warranty with this coverage. If I needed a tire insurance, they do have it as a separate option if I wanted one. I didn’t take that :)
It’s also my first car and my first Porsche, so I’m super duper stoked to own a cayenne and as you said I did get the VSP to have the peace of mind :)