Extended Warranty... And My First Post

[svoshop]

First off, Hi.

I will introduce myself. I own a small auto repair shop in Cincinnati Ohio and have had the ability to own some pretty awesome cars.

My current stable is a 2011 Corvette ZR1, 2011 Corvette Z06 ( That is being traded in a few weeks ), a 2012 Corvette Grand Sport Convertible ( will be here in a few weeks ), my wife has a 2011 Porsche Cayenne S, and a 2010 Beetle... Aside from our daily cars 2007 Escalade for her, and 2011 Duramax Denali for me.

I just bought a 2008 Audi R8. 4.2 and a manual transmission. The car was well taken care of, and owned by a classy older man. It currently has 4300 miles on her. I love the looks of the car, and it is a nice car to ride and drive in.

My question is this. The factory warranty is up in June of 2012. I have the opportunity to certify it now, for about 6,000. It would be an Audi Certified vehicle and carry a full warranty for an additional two years, or 100k miles. The years would come way before the miles. I either do it now, or dont do it at all.

My history is that I either trade out of a car every few months, or if I keep it, I tend to modify the cars. ( I keep looking at heffner performance ) However, I know very little about this car, and from what I have read, they can be quite costly to repair.

There is a chance that I may not even have the car still in June. There is a chance that I will have modified it by then. There is a chance that I will just keep it stock and modify the apperance etc... I figure, even if I boosted the car, say the AC system went out, that would still be covered under the warranty as it would have no affect from modification. Or a body control module, etc...

So, new friends at R8Talk, what would you do...



That shows my ZR1 ( yellow ) my Carbon ( under cover ), The bug and the Cayenne S. The black Centennial is sold already and where the R8 is currently sitting.

Mike

[mngolfer]

You should get together with Kfab on this forum. He lives in the Cincinnati area and has owned three R8s. He has had a TT V8 so he really can answer your questions.

[SebringSilver]

I would get a bigger garage first, then get the extended warranty. There are so many things that you would have protection on beyond those that potentially would not owing to your potential modifications. The (high) likelihood of a subsequent owner means he/she will also be able to purchase your car with confidence.

[svoshop]

I would get a bigger garage first, then get the extended warranty. There are so many things that you would have protection on beyond those that potentially would not owing to your potential modifications. The (high) likelihood of a subsequent owner means he/she will also be able to purchase your car with confidence.

I was told that it does not transfer to the next owner. If it did, that would be a sure fit. However, that is not what I am being told.

Mike

[SebringSilver]

I was told that it does not transfer to the next owner. If it did, that would be a sure fit. However, that is not what I am being told.

Mike

Hmmm....I'll ask my dealer as well. But I'm sure another member will probably be able to answer that without having to check.

Welcome to the forum, by the way. And that's a nice stable you've got there.

[willyjp]

FWIW, the EW I purchased from my dealer when I bought my R8 IS transferrable. Without getting it out to read the fine print, my recollection is that the limitation on transferring was something to the effect that you had to transfer it to a "private buyer/end user"...that it was not transferrable, say, to a dealer at trade-in.

But anything is possible in a different contract. I think a transferrable EW SHOULD definitely be findable out there.

Your example of replacing the ac compressor would, I should think, EASILY amortize the cost of the EW you quoted! These cars are scary expensive to work on for several reasons, one being that you have to "take the rear end off"...and in many cases the engine out!...to GET AT a lot of the components. Thankfully, the tranny and clutch are right there when you open the "first layer!"

[rmicroys]

Love the hoists. I have one from Direct Lift in my garage as well. They are the cat's ass when it comes to making a little more space in the garage. Welcome aboard. Can't say anything about the costs vs benefits of the extended warranty. I know we didn't bother at all on our 2010 V10 R8.

[KfabR8]

Welcome to the wonderful world of the R8 SVO.

Where in Cincy are you? - pm me and I'll be more than happy to discuss what ever questions you may have about your new ride.

[NVRL8R8]

Nice collection! I would pass on the extended warranty @ 6k. ESPECIALLY if you plan on modding it.

[Jeff]

Another Cincinnatian! Nice!

Great looking collection of cars. I'll need a lift if I want another car. What are yours, and would you recommend them?