Save your hard earned money by taking out a warranty
Purchasing a new car can be an exciting time, and it can be easy to overlook any potential issues whilst getting hung up on the good parts, so what if you buy a car and it suddenly turns into an expensive money pit, requiring lots of unexpected repairs?
Well, it’s going to cost you a lot of money – but you can avoid this in one of 2 ways.
1. You can take someone with you to look at your potential purchase, preferably someone who knows about cars, and who has no vested interest in whether or not you buy the car – don’t take your mate who’s going to get a free ride to work every day when you buy a car, he has something to gain from you purchasing, even if it’s not in the best of condition. Taking a mechanic friend, or paying for an AA report is the best way to do it.
2. Failing the above, or if you’ve already purchased a car and are worrying about expensive bills in the future, it would be worth looking at purchasing an extended car warranty – similar to the warranty you would have got had you purchased a brand new car, with a few subtle differences.
So what are the differences? Well – it varies, but in general, an aftermarket warranty will use cheaper parts when repairing your vehicle, that isn’t as bad as it sounds though – we all know how expensive a part can be from a main dealer, as they use manufacturer parts, originals if you will. Non OEM parts are usually bulk produced by another supplier, and are often a lot cheaper than OEM parts, but they are often as good as the “real deal” so don’t worry too much about that.
What’s included? This also varies, and can be from “not a lot” to absolutely everything, depending on the warranty you sign for. In general you can expect everything that can not be classed as “wear and tear” or a “service item” to be included, so exclusions would normally be things which wear over time and are expected to need replaced at some point – clutch, tyres, brakes, oil, air filters, oil and fuel filters etc, whilst items you would expect to last the lifetime of the car, such as the engine, chasis, steering system etc would be covered under warranty.
It is important you know what level of cover you are getting, because the only thing worse than having an expensive garage bill with no warranty in place, is receiving an expensive garage bill, thinking it will be covered by your warranty and being told that it actually isn’t.
Do your due dilligence when purchasing, try to find reviews from real users, and decide based on them (and the quoted price, and level of cover) whether or not you would be happy to use that company in the event of a repair being required. If the answer is yes, you would be happy, great! If it’s no, or even “maybe” then I would suggest walking away, and finding one which is 100% yes.
Good luck and happy motoring!