2022 Taycan RWD pricing

[SubiWhale]

Recalls are always covered, even out of warranty.

It’s an emotional purchase because the math is really bad on extended warranties. According to studies, most (55%) never have a single claim on the extended warranty. And even those that do, most of the claims are less than the cost of the warranty.

They price the warranty based on the risk and cost of repairs and constantly raise it if the risk/cost goes up.

Only in an extremely rare situation would a warranty company get the math completely wrong and you get a super cheap warranty with a car that has frequent high repair costs.

And our “expensive stuff” is covered for 8 years.

I've been mulling over this decision and came to the same conclusion as you. An additional 3 years on top of the two year CPO and up to 100,000 miles (I drive a lot) for my '22 would be nearly $7,000. A heater fix will not cost $7000. Financially it just doesn't make sense and I'd be gambling either way. I'll be taking the risk as the powertrain is covered up to 8 years, 100k miles anyways.

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[whitex]

A heater fix will not cost $7000.

Heater warranties have been extended already by Porsche.

 

[prj]

I'll be taking the risk as the powertrain is covered up to 8 years, 100k miles anyways.

The powertrain isn't, only the battery is, and there are problems with front power inverters...

 

[AutoX]

Nope.
It just means they charge you more for the warranty. The profit margin is still there and still significant.

In fact the formula being an electric car is even worse for us because all the expensive stuff is covered under the powertrain warranty. And the high voltage battery in particular is extremely expensive compared to most gas engines. It’s super rare your entire engine would be replaced under warranty in a gas car but battery replacements are more common.

And again, you don’t need an extended warranty for battery coverage.

It’s ok to buy an extended warranty. Just know that the extra “peace of mind” isn’t a financial decision but an emotional one. And that’s ok if it is.

This can be applied to any insurance product, i.e. life insurance, home owner insurance, car insurance, health insurance, etc.

The question you got to ask yourself is if you're willing to accept the financial hit of a potentially 10k+ repair bill, or multiple bills for that matter.

Any repair done by porsche is at minimum 2-3k.

 

[69Mach390]

The powertrain isn't, only the battery is, and there are problems with front power inverters...

In the US the battery, motors and related electrical components are all covered for the 8 years. This should include the inverters.

In the US it’s federal law to cover the battery and “related components.”

What’s interesting is that it was spelled out in my last EV (Ford) in the warranty manual. I read through the Porsche manual and it only mentions the battery but notably doesn’t mention the “related components.”

Trying to find the actual wording of the law is proving harder than I thought.

I found this California law requiring coverage of “high priced propulsion related parts.” https://www.law.cornell.edu/regulations/california/13-CCR-1962.8

I’ll keep digging though.

Here is the updated law for 2027+ that lowers the coverage to 8 yrs 80,000 miles as stated:

“

1. Warranty. For both light- and medium-duty BEVs and PHEVs, EPA has also finalized its designation of the high-voltage battery and associated electric powertrain components as “specified major emission control components” under Clean Air Act Section 207(i)(2), subjecting these parts to a warranty period of 8 years or 80,000 miles.”

https://www.gibsondunn.com/us-epa-r...ctical-takeaways-for-the-automotive-industry/

Ok- here is the old “emissions related components coverage” from the EPA dating back to 1995- https://nepis.epa.gov/Exe/ZyPDF.cgi?Dockey=P100NNQH.pdf

And as you can see from the above- the battery related components are defined as “emissions related components.”


Phew….. not sure why that was so stinking hard to find.

 

[prj]

Interesting, definitely not covered in the EU.

 

[69Mach390]

Interesting, definitely not covered in the EU.

Even though it “should” be covered in the US, be prepared for a fight with the service department and possibly the manufacturer.

The issue is that these cars are just getting past the bumper to bumper and heading into that battery warranty zone. And lots of people seem to go CPO or extended warranty.

So if it comes up, you’ll likely be the first person your service department has had to figure out who to bill for what.

Saw this on the Mach E forums when people ran past the 3/36 bumper to bumper and into the 5/60 powertrain and 8/100 battery warranty.

The parts in the service center system weren’t even coded properly so electric motors or battery system components were being denied by warranty even though they’re clearly spelled out as covered in the warranty language.

The owner had to get the Ford corporate BEV team involved to sort it all out.

https://www.macheforum.com/site/thr...t-covered-under-warranty-almost-solved.40448/

 

[whitex]

Even though it “should” be covered in the US, be prepared for a fight with the service department and possibly the manufacturer.

The issue is that these cars are just getting past the bumper to bumper and heading into that battery warranty zone. And lots of people seem to go CPO or extended warranty.

So if it comes up, you’ll likely be the first person your service department has had to figure out who to bill for what.

Saw this on the Mach E forums when people ran past the 3/36 bumper to bumper and into the 5/60 powertrain and 8/100 battery warranty.

The parts in the service center system weren’t even coded properly so electric motors or battery system components were being denied by warranty even though they’re clearly spelled out as covered in the warranty language.

The owner had to get the Ford corporate BEV team involved to sort it all out.

https://www.macheforum.com/site/thr...t-covered-under-warranty-almost-solved.40448/

I've seen something like this even with Tesla. Apparently there was a service center which changed out a drive unit under warranty, but still ended up charging the customer $1,500 for some drive unit gasket which they claimed was not covered. Took some major escalations to get it resolved.

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