Can anyone recommend a good car warranty company please?

Lum

poohbear59 wrote: »

Eight years ago my Ford Galaxy gear box exploded and pierced the clutch and starter motor. The Ford warranty paid out for everything. So I have had good experience with a warranty company.

Manufacturers warranties are the only warranties worth having, but there's a reason they tend to stop at 3-7 years.

All 3rd party warranties are worthless. If you really need one, look here.

poohbear59

Lum,Thank you I looked where you recommended and read Martin's advice to pay off debts first before starting to save. The question is 'Do I continue to pay off debts and then only save for emergencies/breakdowns when the debt is paid off?' Or pay £45 per month for a warranty?

Strider590

poohbear59 wrote: »

The last vehicle we bought had a cracked cylinder head within 6 months and cost us around £1500 in repairs so we are hoping to find a way to take some of the pressure off us if something goes wrong.

Non-manufacturer warranties generally don't cover anything that can go wrong. They give you a nice big list of stuff they do cover and if you look closely it's things that simply cannot fail.

Lum

poohbear59 wrote: »

Lum,Thank you I looked where you recommended and read Martin's advice to pay off debts first before starting to save. The question is 'Do I continue to pay off debts and then only save for emergencies/breakdowns when the debt is paid off?' Or pay £45 per month for a warranty?

If it's credit card debt then you may as well just chip away at that and then if you are unlucky enough to need a big repair you can pay for it on the credit card. Obviously this doesn't apply so easily if your card is already at the limit.

The point I was making in that post, which Strider has helpfully made in a less sarcastic manner, is that the 3rd party warranties you can buy will not pay out for anything that is actually likely to to wrong with your car. So where you could be paying £45 per month off your credit card instead you will be throwing £45 per month down the toilet and still have a large bill on your credit card if something goes wrong with your car.

That said, it is worth getting breakdown cover, and if you can get a manufacturers warranty then they are actually good (usually).

thenudeone

poohbear59 wrote: »

Or pay £45 per month for a warranty?

That's probably too much.

For a 3-6 year old car, it should be around £300-£350 pa.

forgotmyname

But your not looking at manufacturer/main dealer warranties now.

Your looking at standalone used car waranties which only cover parts that dont break or wear out.

thenudeone

How old is the car, and what's the mileage? This is important.

For example Vauxhall offer a so-called "all component" cover, including wear and tear, on cars up to 6y/60000m at inception. They also offer a lower warranty on cars over these limits.

For any car over 8y / 100,000 miles, a manufacturer warranty probably isn't available, and my guess is that the cost - exclusions - risk balance would make a warranty very poor value.

poohbear59

thenudeone wrote: »

How old is the car, and what's the mileage? This is important.

For example Vauxhall offer a so-called "all component" cover, including wear and tear, on cars up to 6y/60000m at inception. They also offer a lower warranty on cars over these limits.

For any car over 8y / 100,000 miles, a manufacturer warranty probably isn't available, and my guess is that the cost - exclusions - risk balance would make a warranty very poor value.

It is a Mitsubishi L200, 56000 miles and 9 years old.

Tomby1

I purchased a Ford Focus around a year ago. Took out a 1 year warranty with VGS - part of WMS (http://wmsgroupuk.com/)

Had a problem within two months where my wheel would judder over 50 mph which was something broken (can't remember what) and managed to claim the warranty on that.

Then, about three months later, I lost all fuel injection and couldn't start the car. Again, it was a part (£300+ not including labour) that had to be replaced.

I've sold the car so all the documentation is gone now, or I would have what the issues were in front of me.

Either way, VGS were excellent with both claims and I had no issues both times I claimed (all in all, I think I claimed for around £1000 worth of parts and labour) and didn't have to pay a penny. All off my £125 policy.

forgotmyname

Over 5 years and Over 50,000 miles so down to the 4* cover or less.... The vehicle maybe outside these limits during the policy term.

So your down from covers all parts except some exclusions to only covers certain components.


Excluded from cover all parts not listed above. And there are a LOT of parts not listed. And some parts that are listed that will fail their inspection after its failed.

Overheating and cracked heads not covered? Seized calipers are not covered, Steering oil leaks not covered, Excuding fuel injectors, Suspension excluding bushes....