996 Warranty
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996 Warranty
I just purchased a 2003 996 Mk2 w/ 42,000 miles. I am looking to purchase an aftermarket warranty for the car. I have a quote from Direct buy warranty and Easy care. Fidelity will not warranty the car. Has anyone had experience with either of those companies, or can you recommend a warranty you currently have? My main concern is an IMS failure.
#3
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I understand that the IMS upgrade is roughly $2200 for my car, but I would rather spend $4000 on a big fat warranty on my car that will cover everything. If the IMS fails then that gets taken care of plus I still have the rest of my car covered.
#4
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Beware of aftermarket warranties... They rarely cover as much as you think, and it's usually a fight to get anything.
Most aftermarket warranties have language similar to what's shown below for engine coverage, and deny coverage for IMS-related damage because it is not an internally oil lubricated part. Either way, you are far better off preventing an engine problem for $1,500 or less than fighting an insurance claim for a $15k-$20K repair.
By the way, the underlying basis of the Porsche IMS lawsuit was similar, but with Porsche extended warranty... The named plantiffs had certified pre-owned (CPO) warranty cars with IMS failures and Porsche denied CPO warranty coverage to them.
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Most aftermarket warranties have language similar to what's shown below for engine coverage, and deny coverage for IMS-related damage because it is not an internally oil lubricated part. Either way, you are far better off preventing an engine problem for $1,500 or less than fighting an insurance claim for a $15k-$20K repair.
By the way, the underlying basis of the Porsche IMS lawsuit was similar, but with Porsche extended warranty... The named plantiffs had certified pre-owned (CPO) warranty cars with IMS failures and Porsche denied CPO warranty coverage to them.
.....................
Covered Components -
Engine - All internal components of the engine that require oil lubrication for operation....
Engine - All internal components of the engine that require oil lubrication for operation....
#6
Contact your local, trusted Porsche indy and ask what warranty company they had a positive experience with. Then contact that company and ask if they will cover IMSB failure and ask for that reply in writing. Buy that warranty that says YES in writing.
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#9
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Beware of aftermarket warranties... They rarely cover as much as you think, and it's usually a fight to get anything.
Most aftermarket warranties have language similar to what's shown below for engine coverage, and deny coverage for IMS-related damage because it is not an internally oil lubricated part. Either way, you are far better off preventing an engine problem for $1,500 or less than fighting an insurance claim for a $15k-$20K repair.
By the way, the underlying basis of the Porsche IMS lawsuit was similar, but with Porsche extended warranty... The named plantiffs had certified pre-owned (CPO) warranty cars with IMS failures and Porsche denied CPO warranty coverage to them.
.....................
Most aftermarket warranties have language similar to what's shown below for engine coverage, and deny coverage for IMS-related damage because it is not an internally oil lubricated part. Either way, you are far better off preventing an engine problem for $1,500 or less than fighting an insurance claim for a $15k-$20K repair.
By the way, the underlying basis of the Porsche IMS lawsuit was similar, but with Porsche extended warranty... The named plantiffs had certified pre-owned (CPO) warranty cars with IMS failures and Porsche denied CPO warranty coverage to them.
.....................
Covered Components -
Engine - All internal components of the engine that require oil lubrication for operation....
Engine - All internal components of the engine that require oil lubrication for operation....
#10
The stock IMS is sealed and lubricated by grease and not engine oil. Aftermarket open bearings such as LN is splash lubricated by engine oil.
However, whether the bearing REQUIRES engine oil lubrication is arguable...maybe it does but just doesn't get it by design...
However, whether the bearing REQUIRES engine oil lubrication is arguable...maybe it does but just doesn't get it by design...
#11
Rennlist Member
I have an Easy Care policy that I bought through a Porsche Dealer. Easy Care has been in business since the mid eighties. I didn't get the whole works, the one step up from base warranty, which covers the engine, trans, and fuel system. I paid $2500 for 3 years or 36000 miles. Based on the numbers in the class action suit against Porsche, the failure rate for IMS shaft/bearing/cam chain gear or what ever failued...is 2%...or roughly 3500 failures out of 235,000 cars. As noted in this thread, a $2500 drive train warranty covers a lot more than just one bearing.
#12
#13
Consider that if you desire a car with a good warranty, maybe a 10-15 year old sports car is not the right choice. Fact is, there isn't much else that goes wrong, you don't really need a big fat warranty. The more you read here, the more you realize that the problems are greatly overstated. Failures are quite rare. Look at the IMSB as a maintenance item at clutch time and the car will last a long time.
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Consider that if you desire a car with a good warranty, maybe a 10-15 year old sports car is not the right choice. Fact is, there isn't much else that goes wrong, you don't really need a big fat warranty. The more you read here, the more you realize that the problems are greatly overstated. Failures are quite rare. Look at the IMSB as a maintenance item at clutch time and the car will last a long time.