Should I buy an extended warranty at point of sale.

[CoolDadLo]

I’m sure I can look back at multiple threads on here on this topic, so I apologize in advance. The time is almost near, the car has been in Florida port a few days and I should get it, I’d think in a few weeks at worst… maybe even days. Anyway, I wanted a fresh new thread about extended warranties. Real life decisions on if you decided to or not, but mainly based on when I should purchase it. Does it matter if it’s at time of purchase or simply before the 50k miles. Asking because I wonder if the car will get judged by high usage… which is shouldn’t because that could change, so long as I do it before the 50k limit.

onsiderations for me is that, I’ll daily drive 20k miles per year. Needless to say, the miles I’ll eat up quick. So unlimited plans work well for me.

Im financing it, and intend to keep long term…some of y’all know this. Im looking at adding 2-6 years of Unlimited mileage warranty. I’ve spoken to site sponsors and have numbers from the sales team. These are Porsche figures, that I’ve received from both sources so I don’t mind sharing for open transparency. These are not anything I’ve negotiated, nor if I have any wiggle room to.

2 yrs: $4781
3 yrs: $5843
4 yrs: $7720
5 yrs: $9866
6 yrs: $ 13275
This is all just nervous energy I suppose because. I’m looking at PPF cost( already doing it) and getting my mind right!!!!
Of course I’ll post picks for everyone and the mods I’m doing.. to make it my own

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[SergeyIndy]

I see no benefit of buying extended warranty at the time of purchase. I would just monitor prices as you progress through the miles (since years do not matter) and then get it before you reach 50k miles and make sure you are covered to 100k miles to align with the HV battery warranty.

Also, I would check the small print about what happens if the car is totaled while still under 50k miles since extended warranty does not start until 50k and then what happens after as you go through the miles. I would assume there is some form of prorated refund.

Speaking of being totaled, if that is to happen, the insurance payout would not be much even if the car is brand new, so I would rather be looking into gap insurance to protect yourself in this event, instead of extended warranty that does not matter until 50k miles. I tried to work with my insurance company, and they offered me no answers regarding gap.

 

[RAHRCR]

Theoretically, your leverage as a buyer is highest at the time of vehicle sale which could mean that you could get the best negotiated deal at that time.

That said, I believe that buying this type of insurance is very wasteful and I would never do it.

 

[CoolDadLo]

I see no benefit of buying extended warranty at the time of purchase. I would just monitor prices as you progress through the miles (since years do not matter) and then get it before you reach 50k miles and make sure you are covered to 100k miles to align with the HV battery warranty.

Also, I would check the small print about what happens if the car is totaled while still under 50k miles since extended warranty does not start until 50k and then what happens after as you go through the miles. I would assume there is some form of prorated refund.

I agree with you. I’ll definitely put gap insurance on it. I can do that with my insurance and or my loan however I don’t need both but both is an option in regards to the Warranty. I think it’s worthwhile to at least match the battery life so maybe the extra four years will get me close. I guess the real question is what opting to get it now be cheaper because that’s where we have leverage and the miles are really low and the price is cheaper versus the dealership making it sound like the price might be increased with more mileage on the car.



Speaking of being totaled, if that is to happen, the insurance payout would not be much even if the car is brand new, so I would rather be looking into gap insurance to protect yourself in this event, instead of extended warranty that does not matter until 50k miles. I tried to work with my insurance company, and they offered me no answers regarding gap.

I see no benefit of buying extended warranty at the time of purchase. I would just monitor prices as you progress through the miles (since years do not matter) and then get it before you reach 50k miles and make sure you are covered to 100k miles to align with the HV battery warranty.

Also, I would check the small print about what happens if the car is totaled while still under 50k miles since extended warranty does not start until 50k and then what happens after as you go through the miles. I would assume there is some form of prorated refund.

Speaking of being totaled, if that is to happen, the insurance payout would not be much even if the car is brand new, so I would rather be looking into gap insurance to protect yourself in this event, instead of extended warranty that does not matter until 50k miles. I tried to work with my insurance company, and they offered me no answers regarding gap.

I see no benefit of buying extended warranty at the time of purchase. I would just monitor prices as you progress through the miles (since years do not matter) and then get it before you reach 50k miles and make sure you are covered to 100k miles to align with the HV battery warranty.

Also, I would check the small print about what happens if the car is totaled while still under 50k miles since extended warranty does not start until 50k and then what happens after as you go through the miles. I would assume there is some form of prorated refund.

Speaking of being totaled, if that is to happen, the insurance payout would not be much even if the car is brand new, so I would rather be looking into gap insurance to protect yourself in this event, instead of extended warranty that does not matter until 50k miles. I tried to work with my insurance company, and they offered me no answers regarding gap.

I will definitely put gap insurance on it by my financial institution or insurance as they both offer it

 

[CoolDadLo]

Theoretically, your leverage as a buyer is highest at the time of vehicle sale which could mean that you could get the best negotiated deal at that time.

That said, I believe that buying this type of insurance is very wasteful and I would never do it.

I thought it was sacrilegious to not have an extended warranty.

I think the only unknown is what the price of the extended warranty would be later on a few years after you buy the car versus the upfront cost

 

[RAHRCR]

I thought it was sacrilegious to not have an extended warranty.

I think the only unknown is what the price of the extended warranty would be later on a few years after you buy the car versus the upfront cost

Personally, if thought that I needed to buy insurance for potential repairs for a given vehicle, I just wouldnt buy that vehicle.

 

[gnr3312]

I am the opposite, if I like the car and I know I’m going to be in it for a while then I’m buying the extended warranty now to save on inflation costs. What you have to consider, which are valid points, is what happens if you don’t keep it. You’ve sunk costs that won’t be reimbursed, so while I still advocate for warranty, I would buy it closer to the end of the miles to make sure it is still what I want.

 

[Jonathan S.]

These are Porsche figures

For an extension of the factory warranty from Porsche, or an aftermarket vehicle service plan from SafeGuard?

 

[CoolDadLo]

I am the opposite, if I like the car and I know I’m going to be in it for a while then I’m buying the extended warranty now to save on inflation costs. What you have to consider, which are valid points, is what happens if you don’t keep it. You’ve sunk costs that won’t be reimbursed, so while I still advocate for warranty, I would buy it closer to the end of the miles to make sure it is still what I want.

For an extension of the factory warranty from Porsche, or an aftermarket vehicle service plan from SafeGuard?

i’m talking about their extended warranty unlimited miles plan so this would take an effect after the four years or the 50,000 miles is hit whichever comes first. Again in my case I’m gonna chew up to 50,000 miles pretty quickly and intend to keep it long-term, so I’m looking at long-term stuff. The things I’m also considering are the wheel &Tire, but that’s completely separate.

 

[Jonathan S.]

^ Whose plan? Is this really an extension of the original factory warranty? If so, that’s an impressive option.

 

[CoolDadLo]

I am the opposite, if I like the car and I know I’m going to be in it for a while then I’m buying the extended warranty now to save on inflation costs. What you have to consider, which are valid points, is what happens if you don’t keep it. You’ve sunk costs that won’t be reimbursed, so while I still advocate for warranty, I would buy it closer to the end of the miles to make sure it is still what I want.

That makes sense. Agreed, I’m going into this wanting to like it and having good hopes for the future beyond the four years versus somebody looking to sell it quickly. There was a comment on here about if you’re worried about it then that might not be the car for you but really it’s a little more unique because it’s EV.

I guess it all just comes down to peace of mind for those of us who might put a little more miles than normal on it

 

[CoolDadLo]

^ Whose plan? Is this really an extension of the original factory warranty? If so, that’s an impressive option.

that’s Porsche‘s plan. I got it directly from the selling dealership. I’m liking the four or five-year option the most. But according to the finance office, adding the extension later on could affect the price, obviously due to the miles when I initiate any warranties.. so it may be cheaper to lock in the lower rates now

 

[gnr3312]

That makes sense. Agreed, I’m going into this wanting to like it and having good hopes for the future beyond the four years versus somebody looking to sell it quickly. There was a comment on here about if you’re worried about it then that might not be the car for you but really it’s a little more unique because it’s EV.

I guess it all just comes down to peace of mind for those of us who might put a little more miles than normal on it

Let me tell you my experience. I got a CPO 2024 4S in Dec 2025, with 8k miles and warranty coverage until 2030. I plan to extend my CPO for 2 more years until 2032 to match the battery warranty, and I’m hoping by then there is a warranty that covers it post 8y/100k miles.

 

[Darrell]

It’s my understanding that extra CPO years can only be purchased at the time of sale. I purchased a third year of CPO when I got my 2022 which covers me through 2029. You can buy an extended warranty later, but it’s not the same as the additional years of CPO.

 

[gnr3312]

It’s my understanding that extra CPO years can only be purchased at the time of sale. I purchased a third year of CPO when I got my 2022 which covers me through 2029. You can buy an extended warranty later, but it’s not the same as the additional years of CPO.

Both my dealership and Kelli here confirmed it is possible.

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