Buying a used car, should i pay for extended warranty

claire8606

Hi

I am thinking about buying a used car from a garage, i have been doing some research and

The garage gives a 3 months WMS Parts & Labour Warranty with a £500 claim limit, and then i can upgrade for the prices below

• WMS 6 Months Warranty Cover worth £274 Upgrade price - £70
• WMS 12 Months Warranty Cover worth £299 Upgrade price - £120
• WMS 24 Months Warranty Cover worth £499 Upgrade price - £250
• RETURN TO INVOICE INSURANCE £299.99 inc Tax

Do you think it is worth it, or should i take the risk and pay for any repairs?


Kind regards

OddballJamie

Sale of goods act should cover you for non-wear and tear in the first six months.

I presume 'RETURN TO INVOICE INSURANCE £299.99 inc Tax' is gap insurance. This can be found online for cheaper, I paid less than half this on a brand new car.

How old is the car you are buying and what price? If it's older and not too pricey I wouldn't bother with gap unless you are having long term finance.

claire8606

Thank you for your reply

The car would be 2011 reg and would cost roughly £5,000 - £6,000

OddballJamie

2 years old, unless it has high miles or hasn't been serviced in line with the service book, it should still be under manufacturers warranty.
Depending on the make it could have 1-5 years left on it.

Gap insurance might be worth having if you are buying with finance, will be £100-£150 online, maybe less as you wouldn't need more than a few grand cover.