|
|
Post by Hoovie on Jan 21, 2020 11:42:47 GMT
Yay or Nay? My Vauxhall Corsa is coming up to 3 years old at the end of March and I intend to keep the car for quite a while longer. It is low mileage (16K) and the annual mileage will remain low at around 5k or so. No problems with the car but I like the idea of not having any big surprise costs so am thinking maybe take out a Manufacturers Extended Warranty. Againsts: Low miles so chance of having an issue could be low; could also put the money that the warranty costs aside as a 'self-insurance' policy. Fors: Upfront payment should limit the exposure if anything significant happens to the car. Now I know there are those who will never ever ever ever take out an extended warranty as they consider them a waste of money. Those people are entitled to their opinions but I am looking for more considered replies from those who do and have taken a considered choice to buy or not buy after waying up the costs and benefits. So is this Policy - www.vauxhall-extendedwarranty.co.uk/complete-cover - worth £233 for a Years Cover? |
|
|
|
Post by davrav on Jan 21, 2020 12:18:51 GMT
How much for two years? Does that generate a discount?
Very fast read of what's covered but do Vauxhalls still have cable operated clutches?
Short of anything physically breaking, which is unlikely at the mileage you do, what else is covered that is likely to need attention? For example, I doubt you would be covered for corroded discs resulting from lack of use.
Are Corsas of that model and vintage known for any potentially expensive issues?
|
|
|
|
Post by firemac on Jan 21, 2020 12:51:30 GMT
I admit that I am one who goes for the security of a warranty. I prefer the manufacturer's extended terms as long as they are the same as the original warranty. So I would say go for it.
I would also advise getting a quote from Warranty Direct. I had very good experience with them on our original RAV when the gearbox ECU needed reflashing. They covered nearly all the cost with ECUtesting which virtually repaid the premium and no bureacracy or delay in settlement. :TU:
|
|
|
|
Post by clarki on Jan 21, 2020 12:53:14 GMT
I've never bothered. If something catastrophic was going to go wrong it would have by now.
The car is still very young/low miles, recon you've got a while until anything comes along that'll ££cost.
|
|
|
|
Post by shcm on Jan 21, 2020 13:32:32 GMT
I think these days, there's a little more vehicle specific fault data accessible than there used to be, even if a lot of it is anecdotal and I'd base my decision partly on that, if I could find enough data.
Was it a new(ish) model when purchased or had it been in production for a while? i.e. has it had enough time for reports of the more major faults to be reported on forums and in reliability surveys?
Statistically, you'll always get the odd "outlier" fault, but by spending some time trawling, you can usually get a feel for the more common faults.
e.g. for 4.2 we'd probably say the majority of faults were DMF, SCV, Gearbox ECU related. For 4.3, well, we are all aware of the early diesel engine problems, but what else?
What are your Corsa model's Achilles' heel? If the most apparent common faults are expense, take the warranty. If not, maybe it's not worth it. You can't know the future for certain, but you can predict it to some extent, given enough data.
It's a game of chance and the only thing you can do is attempt to reduce the odds.
I'd also ask myself whether I trust the most convenient dealer and whether I'd want them working on the fault, whether I'd just take my chances or whether I'd look for a decent warranty where an independent could do the work.
My 0.0001p worth.
|
|
|
|
Post by firemac on Jan 21, 2020 13:52:55 GMT
I admit that, generally speaking, cars are pretty reliable and robust these days; dare I say, there's no such thing as a bad car anymore? Having said that, the biggest risks for me with modern vehicles is the growing amount of electronic systems and software that is built in and that is the area that I would most want protected by a warranty. Some of that kit is hideously expensive to replace, it seldom seems that it can be repaired.
|
|
|
|
Post by unclebob on Jan 21, 2020 13:55:08 GMT
I have little time for aftermarket warranties but think the Toyota and Lexus ones are excellent, I know nothing about Vauxhall’s cover....if it only covers a part once it’s broken then it’s not worth a carrot 🤔
Toyota and Lexus will cover a noisy wheel bearing or alternators but some companies only cover an item once it’s failed 😳
|
|
|
|
Post by Hoovie on Jan 21, 2020 16:48:38 GMT
How much for two years? Does that generate a discount? Very fast read of what's covered but do Vauxhalls still have cable operated clutches? Short of anything physically breaking, which is unlikely at the mileage you do, what else is covered that is likely to need attention? For example, I doubt you would be covered for corroded discs resulting from lack of use. Are Corsas of that model and vintage known for any potentially expensive issues? I did ask about price for two years but it seems they only do them year-by-year. I need to check on the last point - I will have a look at the corsa forum (I haven't asked the question there as the typical Corsa driver does tend to be the stereotypical Boy Racer with either modded cars or cars on lease) I admit that I am one who goes for the security of a warranty. I prefer the manufacturer's extended terms as long as they are the same as the original warranty. So I would say go for it. I would also advise getting a quote from Warranty Direct. I had very good experience with them on our original RAV when the gearbox ECU needed reflashing. They covered nearly all the cost with ECUtesting which virtually repaid the premium and no bureacracy or delay in settlement. :TU: I will check with them as well :TU: I think these days, there's a little more vehicle specific fault data accessible than there used to be, even if a lot of it is anecdotal and I'd base my decision partly on that, if I could find enough data. Was it a new(ish) model when purchased or had it been in production for a while? i.e. has it had enough time for reports of the more major faults to be reported on forums and in reliability surveys? Statistically, you'll always get the odd "outlier" fault, but by spending some time trawling, you can usually get a feel for the more common faults. e.g. for 4.2 we'd probably say the majority of faults were DMF, SCV, Gearbox ECU related. For 4.3, well, we are all aware of the early diesel engine problems, but what else? What are your Corsa model's Achilles' heel? If the most apparent common faults are expense, take the warranty. If not, maybe it's not worth it. You can't know the future for certain, but you can predict it to some extent, given enough data. It's a game of chance and the only thing you can do is attempt to reduce the odds. I'd also ask myself whether I trust the most convenient dealer and whether I'd want them working on the fault, whether I'd just take my chances or whether I'd look for a decent warranty where an independent could do the work. My 0.0001p worth. This Model has effectively been in production quite a few years now. Had a face lift and tweaks of course, but the basic mechanicals have been used for many years. I'll double check on the Corsa Forum for common faults (and maybe Honest John?). My local Dealer is around 15 Miles away and I do go there for the annual service and they seem competant. I have taken the car there for two non-service issues .... 1:- The Speedo - both Analog Needle and Digital Display stopped working once. Needle didn't move, Digital just said "0". Fixed itself the next day but took it in anyway and they did a software update (which implied a s/w glith?) 2:- An Airbag light came on. Again, just went to garage and they fixed it and it has not reoccured. Think a s/w thing. Now both of those seem pretty simple and didn't affect my ability to use the car, but If I had to pay for both resets/updates would probably have been maybe 1 Hour of Dealer time at close to £100 an hour no doubt? It is this kind of thing that makes me think about Extended Warranties... the complexity of even run of the mill cars means so much has to be plugged into diagnostic computers and the hourly rate of dealers can make that an expensive process potentially. I must admit I treat these reliability surveys with a touch of wonderment. The most unreliable cars I have owned in terms of unscheduled work to be done have actually been .... Toyotas (plural) and Honda! both top performers. And the most reliable cars I have owned .... French ones! I admit that, generally speaking, cars are pretty reliable and robust these days; dare I say, there's no such thing as a bad car anymore? Having said that, the biggest risks for me with modern vehicles is the growing amount of electronic systems and software that is built in and that is the area that I would most want protected by a warranty. Some of that kit is hideously expensive to replace, it seldom seems that it can be repaired. And this is what is making me think a Warranty is more worthwhile then maybe in the past, as mentioned in a earlier bit of this reply. The dash is a mix of analog and digital like many cars now and beyond any kind of DIY repairs. The changes in the MOT around 18 months ago meant many warning lights that previously would be just informational for the driver are now regarded as MOT failures so MUST be fixed if lit. The 'Infotainment' system also incorporates vehicle setup features so if that were to fail, many aspects of the cars electrics could not be altered. As well as various features that are not essential but are nice to have and if failed would want working - Heated Seats, Heated Windscreen, Heated Steering Wheel, Self-Parking using electric steering and front and rear sensors, etc. The chance of any of those failing is fairly remote, but the cost of fixing them may not be insignificant. After typing the last bit of this, I am thinking the value of the Warranty is better than when I initially posted the question (and the actual cost of £233 isn't bad I think. It would also be better value for a high miler as this is the price for a car with 0-60,000 miles!) |
|
|
|
Post by 152bobby on Jan 21, 2020 19:42:57 GMT
I've just purchased the 24 month Toyota extended warranty for the Aygo I have just bought my daughter, cheap as chips and can pay interest free, a no brainer, especially the Toyota (Lexus) ones.
|
|
|
|
Post by Ravasher on Jan 22, 2020 7:42:07 GMT
I always extended the warranty on our cars and never had any issues when making a claim. The warranty always paid for itself. The MOT cover that was included in the warranty was an added bonus. Not sure if Vauxhall have that with their warranty.
If your intention is to keep the car for a while then I think I would take the extension.
|
|
|
|
Post by Rambler on Jan 25, 2020 16:42:46 GMT
Was very thankful for my extended warranty on the old Rav4.
And only low mileage.
Paid £300 ish for it , they paid out almost £9k after going through the various procedures.
|
|
northernlad
Club Regular
Posts: 205 
Primary Vehicle: RAV4 Hybrid
Year: 2018
Model Spec/Trim: Excel
Engine Capacity: 2500
Fuel Type: Hybrid
Transmission: Automatic
Drive Type: 4WD/AWD
|
Post by northernlad on Feb 26, 2020 20:28:46 GMT
Just renewed my warranty for another 2 years. The cover has been increased now to include 2 MOT’s as well as 2 yearsToyota Roadside Assistance for £495 which is cheaper than I paid last time.
|
|
