Warranty on used range rover?

motorguy

Strider590 wrote: »

There is no such thing as "uncontrolled debt", you have no control over whether you can or cannot pay off those debts, that control always lies with others, whether employed or self-employed.

Most people are but one pay day away from losing everything. That means they're living beyond their means and once you fall through the crack, you'll find plenty of former "middle class" folk living rough on the streets.

You really have built up this alternate reality for yourself that allows you to justify why you're the bestest person because your bought your Vectruh for cash.

Sorry to burst that bubble, but heres reality.

• Most people are NOT one pay day away from losing everything. That is a ridiculous thing to say. I would love to see your real actual hard evidence of that.
• Your whole theory seems to be based on the assumption that people just cant help themselves and *have* to have a nice car above everything else.
• You've taken some extreme scenariso for a tiny minority and extrapolated that across an entire population which again is ridiculous.

In terms of finance and financing a car.

• Yes there is such a thing as controlled and managed debt. If you've budgeted for a monthly payment for a car and can afford it and thats what you want to do then you have control over the debt. Interest rates on car loans are not variable, and the repayment term cannot be changed by the finance company. If you are using a PCP or lease deal and the car drops to half its predicted value at the end of term, its not your problem. Its in many ways, the "ultimate" in control.
• The bulk of people buying a used car on finance trade their old one in, and pay the balance off over several years at little risk
• The bulk of people buying new cars chose to do so predominantly on a PCP or lease deal because they usually get preferential terms for doing so - "complimentary upgrades", "finance contribution", "interest free", and it wraps up potentially unpredictable depreciation, maintenance bills and servicing into one monthly payment. To a lot of people that makes a lot of sense and can be very low risk

In terms of running a used premium brand car

• Why not? If you want to and you're happy with the risk of the odd big bill OR can wrap that risk up in a warranty plan then great.
• There is also a certain satisfaction with buying a car used at a fraction of what someone has paid for it new, probably just a few years before.

I really cant work out whether your problem is extreme arrogance, because you think everyone else are sheep who cant think for themselves and simply must put themselves into extreme debt to drive a nice car, whereas you cruise about in your Vectruh that you've saved up for and bought for a few hundred cash but that makes you a better person OR whether its extreme paranoia whereby everyone else is trying to pretend they're better than they really are whereas you are the only person who can see how it really all is?

Have you thought about how it ACTUALLY is, that while you're in some wee menial job and eke out a living and drive a Vectruh, the rest of us are in better jobs and living nicer lives that we can comfortably afford?

darkmatter101

OP running a Range Rover out of warranty is expensive business, just like it is (although a little less for the Range) running an M3 without warranty.

I have BMW warranty on my E92 M3. Would I run it with it? No. If something ever did come up, the repair bill would be immense and I'm not willing to take that sort of risk. Cars such as these can't be taken to any independent garage, even if the mechanic is trustworthy. For me, I can only take my M3 to either the dealer or a BMW specialist who is knowledgeable on the M series and their labor rates normally runs high...

uknick

Strider590 wrote: »

Surely the point of buying a Range Rover (what £80'000 new?) is that you can afford anything that goes wrong with it? Otherwise, why buy it?

I'm an advocate for "if you can't afford to fix it when it goes wrong, then you shouldn't be buying it".
I suppose the same applies to fuel too, when filling up my £70 of fuel once a month, I see people drive in with BIG expensive cars, they drop £5 of fuel in and off they go to the next fuel station to use their 8th credit card for another £5 worth of fuel.

I bought a £40k Porsche brand new, not very MSE but what the heck, and I can afford to run it with regard to normal running costs.

However, I buy an official warranty each year, about £700, as I couldn't afford the £14k required to buy/rebuild a new engine if it went bang; Google Porsche engines and IMS/bearing failures.

Yes, I'll probably pay more for the warranty over the years than I get back in warranty work but that is the choice I make for peace of mind if the worst did happen.

To my mind it's like any other type of risk; insure against it or not.

So, please don't generalise somebody looking to warranty an expensive car can't afford to run it.

gilbert_and_sullivan

Daresay lots of us here could afford the constant repair costs of a RR.

I think they are lovely vehicles, with the right engine, V8 petrol or V8 Diesel as splendid place to spend your travelling time.

They just are not reliable or durable enough, therefore not worth the time and money involved to keep them in condition, thats only my opinion, other must feel differently as there is no shortage of buyers and fortunately their regular failures means a good band of LR workshops have sprung up to keep them going.

As for aftermarket warranties, generally not worth the paper they are printed on.

motorguy

uknick wrote: »

I bought a £40k Porsche brand new, not very MSE but what the heck, and I can afford to run it with regard to normal running costs.

However, I buy an official warranty each year, about £700, as I couldn't afford the £14k required to buy/rebuild a new engine if it went bang; Google Porsche engines and IMS/bearing failures.

Yes, I'll probably pay more for the warranty over the years than I get back in warranty work but that is the choice I make for peace of mind if the worst did happen.

To my mind it's like any other type of risk; insure against it or not.

So, please don't generalise somebody looking to warranty an expensive car can't afford to run it.

Yes, with your Porsche you're wrapping up any unexpected bills into a controlled warranty plan.

Makes a lot of sense.

motorguy

gilbert_and_sullivan wrote: »

Daresay lots of us here could afford the constant repair costs of a RR.

I think they are lovely vehicles, with the right engine, V8 petrol or V8 Diesel as splendid place to spend your travelling time.

They just are not reliable or durable enough, therefore not worth the time and money involved to keep them in condition, thats only my opinion, other must feel differently as there is no shortage of buyers and fortunately their regular failures means a good band of LR workshops have sprung up to keep them going.

As for aftermarket warranties, generally not worth the paper they are printed on.

Its almost like a Risk and Reward scenario isnt it?

If you're happy with the risk, then they're a great car to own.

Personally, i wouldnt be, but i am objective enough to know other people may well be happy with that.

Also i'm not so wrapped up in my own self importance to think that if someone does something different to me, then their way is wrong

Nodding_Donkey

darkmatter101 wrote: »

Cars such as these can't be taken to any independent garage, even if the mechanic is trustworthy.

You really do spout some rubbish don't you. For any car there will be a raft of independent specialists who usually have more knowledge and provide a far better value for money experience than a main stealer.

Yes, even your precious M3

uknick

Nodding_Donkey wrote: »

You really do spout some rubbish don't you. For any car there will be a raft of independent specialists who usually have more knowledge and provide a far better value for money experience than a main stealer.

Yes, even your precious M3

I'd have no hesitation in using the independent near me if the extended warranty allowed. But, unfortunately the current extended warranty insists on main dealer servicing.

However, the terms have changed (as they seem to do each year) and when I renew I'll be able to get non warranty work done outside of the main dealer network.


Mind you, when I do use the main dealer I do get a rather expensive car to blast around in for a couple of days

Strider590

motorguy wrote: »

Have you thought about how it ACTUALLY is, that while you're in some wee menial job and eke out a living and drive a Vectruh, the rest of us are in better jobs and living nicer lives that we can comfortably afford?

Haha, you have no idea........ I wasn't lying when I said i'd be able to finance a £60'000 motor.

Please note that your argument carries so little water, that you have resorted to personal attacks against myself in order to make your argument seem valid.

Have you ever heard of an Ad-hominem?

colino

Unfortunately, while tremendous cars while up and running, they can and do frequently fail. Not for nothing does a local 4x4 trader call LRs, even depressingly later Tata ones, cinquecentos. Everything fails and everything costs a multiple of 500 to put right.