What types of car warranty are there?
There are different types of warranties available for new and used cars:
Warranties for new cars
New cars typically come with a manufacturer's warranty, offering coverage for three years or up to 60,000 miles, whichever comes first. As this coverage nears its end, it's the perfect time to reach out to MotorEasy for an extended car warranty.
While the manufacturer's warranty usually provides sufficient protection during the initial years of ownership, once it expires, additional coverage becomes essential. Although you may have the option to extend your warranty directly with the manufacturer, these extensions often fall short in coverage compared to MotorEasy and are usually more expensive.
With MotorEasy, you can enjoy comprehensive, cost-effective protection for your car beyond the manufacturer's warranty, ensuring peace of mind for years to come.
Warranties for used cars
Dealers and retailers often include a warranty with second-hand cars, typically lasting up to a year but often as little as three months. However, this coverage is usually limited, so upgrading your warranty might be a smart move for better protection.
Take the time to review what the dealer or retailer's warranty covers, how long it lasts, and whether additional charges apply if you need to make a claim. In many cases, opting for an extended warranty from MotorEasy can provide more comprehensive coverage at a lower cost.
Be aware that some dealers and retailers may impose high excess fees for warranty repairs. To avoid unexpected costs, double-check the terms and ensure you're getting the best value for your peace of mind.
Car warranty versus car insurance
A warranty is a promise that covers the cost of repairs for a specific product. In the case of car warranties, they're designed to cover the parts and labour costs needed to repair unexpected mechanical or electrical faults that arise with your vehicle.
However, car warranties don't cover accidental damage or repairs resulting from accidents - those are typically handled by your car insurance. Warranties also don't extend to consumable, friction, or service parts, such as brake pads, wiper blades, clutch plates, and filters, unless they are deemed faulty from the outset.
On the other hand, car insurance is a legal requirement if you plan to drive. It provides financial protection in the event of accidents, fire, or theft. Car insurance not only covers the cost of vehicle damage or a write-off but also includes coverage for injuries to passengers, other drivers, pedestrians, and property. MotorEasy GAP Insurance covers the difference between the original purchase value of your car and its value at the time it's written off.
Do you need a car warranty?
Not sure if you really need a car warranty? Explore our Reliability Hub to get a deeper understanding of how reliable your car truly is. We've compiled valuable insights, including detailed reports on common issues, repair costs, and how your car's performance stacks up over time.
Whether you're concerned about unexpected breakdowns or just want to make sure you're prepared, our hub can help you assess your car's reliability and decide if a warranty is the right choice for you.
