Non franchise warranties for older cars - any recommendations?

M

MikeZ4man

Member
 North West
Hi all,

Not for my Z4 as that is under manufacturers warranty, but I also have a Porsche Cayenne which is almost 10 years old (low miles) and from this year can't be covered by Porsche's iron clad warranty. Any recommendations of companies who warranty older cars (and pay out) most welcome :)

I am presently seeking quotes from the main ones eg Warrantywise, Warranties Direct etc but they seem to be more costly that Porsche's own (which as said I can't renew from this year! Any other suggestions welcome.

Thanks

Mike
 
You have to read the small print on these, make sure you know exactly what is covered. Personally I'd put aside the cash each month rather than paying for expensive warranties that may not cover you.
 
MikeZ4man said:
Hi all,

Not for my Z4 as that is under manufacturers warranty, but I also have a Porsche Cayenne which is almost 10 years old (low miles) and from this year can't be covered by Porsche's iron clad warranty. Any recommendations of companies who warranty older cars (and pay out) most welcome :)

I am presently seeking quotes from the main ones eg Warrantywise, Warranties Direct etc but they seem to be more costly that Porsche's own (which as said I can't renew from this year! Any other suggestions welcome.

Thanks

Mike
Click to expand...

On a ten year old car there will be more clauses and get outs than any payout you will ever receive. Your best way forward is to stick the warranty premium in a bank account and hope that covers any problems.
 
As above having had many cars over 10 years old (some over 20) the best thing is to have an annual budget assigned to maintenance and not touch it. If you dont use it all roll it over, if you didnt budget enough you will have to re-assess next year..
 
if you do need to buy a warranty my choice is warrantywise. they are the best of a bad bunch, so to speak!
 
Tried Warranty Direct once, they were a complete pain to deal with, continually tried to wriggle out of paying. Once they approved the repairs (which took 2 months of continual telephoning by both myself and the dealer) I then had to pay the full cost of the repair and submit a claim form. I was eventually paid back some 6 weeks later.

I am now firmly in the "put money aside each month" camp, and pay the amount I was sending to WD into a rainy day fund.
 
Thanks all,

Sound advice given that one of the quote was about £1700 per annum and point taken about the exclusions. Having had years of no hassle warranties with Porsche (had the car 5 years) or BMW (had E46 for 8.5 years under extended BMW warranties and now new Z4), I am not looking forward to the thought of warranty argie-bargie, so I think going with the views here looks sensible.

Mike
 
Welcome aboard. I also did some research on the after-market warranties and found them all to be dubious in their coverage. The majority of items that are potential issues can be found with the right motivation. Folks on this forum are well versed and quite helpful and DIY is quite rewarding. The only warranty I would consider is drivetrain/powertrain and those are much more affordable.
 
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