Importance of buying a warranty plan for your car

New cars are sold with a warranty included in the car’s list price. Warranties cover owners for defaults, defects, and repair/replacement of faulty mechanical items.

With nearly 5 times as many used car sales than new cars in the United Kingdom, you can purchase a warranty plan to cover your used car too.

Even though you have a warranty that insures your car for mechanical faults, not all items are covered though. You still must purchase some car parts such as wear-and-tear components. Read Car Parts 4 Less reviews to find out more about the types of parts they stock for your car brand and model. Car service reviews will help you figure out which service providers and services are near you.

What you should look for in a warranty plan for your car:

1) Ask for the value of claims you can make.

2) Check whether the warranty has an excess payment.

3) Make sure you read the fine print on annual or total mileage covered.

4) Learn how many claims you can actually lodge in a time.

5) Ask if the warranty insurance cover pays the total cost of repairs.

6) Ensure that they register the warranty provider with the ABI (Association of British Insurers)

7) Check whether the warranty plan has a maximum amount it will pay for labour charges.

8) Make a list of the warranty plan’s partner service providers who provide special rates.

As cars advance in design, features, and complexity, it is undoubted that as used cars in a few years they will require specialist repair and service. Think about the complicated electronics in the latest range of new vehicles, the plethora of touchscreens, and driver systems, and you’ll quickly understand that a warranty plan is a worthwhile investment to assist in the payment of expensive repair and maintenance costs.

As with new car warranties, a used car warranty has time and mileage restrictions. These warranties range from 3 months to 2 years in duration, and some from a few thousand miles per year to 30,000 or 40,000 miles per year.

Warranty service providers require specific information and data on a vehicle before they’ll accept the agreement. The car must be newer than 12 years old. As previously mentioned, used car warranties don’t cover wear-and-tear items such as tyres, windscreen wiper blades, car batteries, headlight and taillight bulbs, rust, body damage and body repairs, and damage caused by negligence.

Read all policy documentation so that you know what is and isn’t covered, how to lodge claims, and what to do when in situations such as car breakdowns.

Car parts don’t become cheaper over time. As cars become more sophisticated, you can’t tinker under the bonnet like your father did 30, 20 or even 10 years ago. You’d need specialist electronic diagnostic equipment to know what part and item is faulty. Labour rates are increasing year-on-year. Keeping your car running is important. A warranty plan will help you to keep your car running in tip-top condition.