Many Used Car Owners Risk Costly Repairs, Says What Car?

A NEW survey conducted by What Car? Magazine has revealed that the majority of used car buyers have opted not to invest in an extended warranty. The poll for whatcar.com highlighted 57 per cent of buyers choosing to pass on extra cover.

On top of that, only a third of warranty-holders had researched the market themselves to find the right policy for their needs. The remaining two thirds could suddenly find that a costly failure on their car isn’t covered by their policy.

Commenting on the survey results, What Car? editor-in-chief Chas Hallett said: “The average cost of a visit to the garage for used car owners is approximately £350, which is similar to the cost of an extended warranty. That’s why we’d urge everyone to get a warranty included in any used car deal, to future proof themselves against any nasty surprises.”

However, What Car? also warns that not all extended warranties offer the same protection, making it vital to read policy small print carefully before signing up.

In general, used car warranties do not cover ‘wear and tear’ claims, including tyres, bulbs, wiper blades, brake pads, water and oil pumps, drive belts, electric window motors and fuel injectors.

Chas Hallett continued: “The onus is very much on the buyer to study the policy small print before purchasing a warranty. In general, extended warranties can save the motorist a lot of money if the car has a problem but only if the right warranty has been selected. We advise buyers not to accept the first warranty the car dealer offers and not to select on price alone.”

By Press Association reporters