Although cars are more reliable than ever, they can still be damaged. Modern cars can go up to 150,000 miles without any problems. All new vehicle should come with a car warranty, but you can buy warranties for used Rustproofing has also improved. However, cars are more complicated than ever. Electrical systems regulate the engines to ensure optimal performance and low emissions. Not to mention all of the gadgetry to make driving a car comfortable and relaxing.
Extended warranty for your car
If a car’s warranty is less generous, you may be able to extend the coverage at the end. This can be costly and vary from manufacturer to manufacturer. We recommend getting a quote from a third-party warranty provider. It’s important to verify any policy coverage that you are considering. Some third-party policies may not be as comprehensive as those offered by manufacturers.
Warranty exclusions
As mentioned, warranties don’t cover brakes, clutches, tires, or windscreen wipers. These items are considered consumable ‘wear and tear items, along with many others. In some cases, coverage may be offered if the tires have worn out prematurely due to a mechanical fault.
Warranty on used cars
Used cars may come with a warranty depending on the policy of the seller’s garage. The warranty on used cars typically lasts three, six, or twelve months, and older vehicles are often covered with shorter policies. Franchised dealers often market cars under an “approved used” scheme, and they generally offer a 12-month warranty.
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Many policies that are included with used cars sold by independent garages can be obtained from third-party companies. You should always verify the warranty policy you have to cover your vehicle, and some policies are more extensive than others. Contrary to what garages might suggest, you don’t need to purchase a warranty, and you may choose to take the chance and not pay the additional expense.
Many second-hand sellers, especially those in the lower end of the market, sell cars without a warranty. The Consumer Rights Act says that any car should be of satisfactory quality, as described, and fit for purpose when it is sold. Dealers are legally obligated to correct any defects if any of these criteria are not met. You are entitled to a full refund if repairs do not fix the fault. You’ll likely find it easier to have repairs performed under the Consumer Rights Act within the first six months of your purchase. Report any faults to the dealer immediately.
What is a car warranty?
A new car warranty should generally cover mechanical and electrical faults and protect the appearance and development of rust for at least three years.
What are the different types of warranties?
There are three types: dealer policies, manufacturer policies, and third-party coverage. Every new car comes with a manufacturer’s warranty, and however, you will need to contact the dealer if you want to claim this.
Any warranty that you get if you buy from a franchised dealer is likely to be dealer-backed. Many smaller dealers use third-party companies to provide warranties. Some charge an additional fee if you wish to purchase a policy. It’s worth going through the paperwork and getting another quote. You may be able to get a better warranty for less.
Third-party warranties can be purchased
Several companies will offer a warranty from a third party (or ‘aftermarket) for less than 12 years old cars. However, premiums tend to be higher for older vehicles, cars that cost more when new, and cars that have high mileage.
If you are satisfied with the price and find a good aftermarket plan, you will be reimbursed for any repairs you need during the warranty period. Third-party warranties are more limited than manufacturer warranties, and some only cover the engine and transmission.
You will likely need to request a repair quote to confirm the fault and verify that the costs are within your policy’s budget. Before you get any quotes, make sure you contact the warranty company. If your policy does not cover the problem, you will have to pay for it yourself.
Although some warranties aftermarket are excellent, others leave much to be desired. Make sure you read the policy documents thoroughly to ensure that you are clear on what is and what is not covered. Some companies may contest your claim, so you will want to double-check what you are entitled to.
How to file a warranty claim
Although it shouldn’t be costly, claiming a warranty can be complicated. A claim against the manufacturer’s warranty for a new vehicle should be straightforward. It won’t cost anything, and most dealerships will provide a courtesy car to help you while your car is being repaired.
A franchised dealer should make it easy for you to file a warranty claim on your used car. Although you might not get the same level of service as with a new vehicle, it should be seamless. You may also be offered a courtesy car.