v6tas Posted February 26, 2008 Report Share Posted February 26, 2008 The R32 is coming up to the end of last years freebee extended warranty period and its time to choose another years cover (and pay for it this time unfortunately !!). Any one suggest or recommend a good company ? Link to comment Share on other sites More sharing options...
Merlot Posted February 26, 2008 Report Share Posted February 26, 2008 I wouldn't bother. Link to comment Share on other sites More sharing options...
Mook Posted February 26, 2008 Report Share Posted February 26, 2008 Ask yourself how much warranty work you've had done in the past three years and then decide whether to do it or not. VW will want a BIG chunk of money, or you could try someone like www.warrantydirect.co.uk, but be VERY careful with the T&Cs! Link to comment Share on other sites More sharing options...
Merlot Posted February 26, 2008 Report Share Posted February 26, 2008 Expressed far better than I did Mook. Link to comment Share on other sites More sharing options...
Mook Posted February 26, 2008 Report Share Posted February 26, 2008 Well that's not difficult... Link to comment Share on other sites More sharing options...
edo Posted February 26, 2008 Report Share Posted February 26, 2008 warranty works, warranty direct, they are all a bunch of arse. IMHO. Link to comment Share on other sites More sharing options...
Wallachie Posted February 26, 2008 Report Share Posted February 26, 2008 Does VW not offer an extended warranty? I just renewed mine with BMW, if for nothing else than helping with resale. Link to comment Share on other sites More sharing options...
theduisbergkid Posted February 26, 2008 Report Share Posted February 26, 2008 [ QUOTE ] Ask yourself how much warranty work you've had done in the past three years and then decide whether to do it or not. VW will want a BIG chunk of money, or you could try someone like www.warrantydirect.co.uk, but be VERY careful with the T&Cs! [/ QUOTE ] I used Warranty Direct on my T5R, it was an complete and utter waste of money, they were horrible to deal with and did everything to avoid paying out. Avoid. Link to comment Share on other sites More sharing options...
962C Posted February 26, 2008 Report Share Posted February 26, 2008 as above, I would not bother with a third party warranty. you would be better just saving your money - a contingency so to speak Link to comment Share on other sites More sharing options...
patently Posted February 26, 2008 Report Share Posted February 26, 2008 The fact that companies are willing to offer these warranties and are still in business after years of doing so is proof that, over the long term, it is cheaper to pay for the repairs as and when they need to be done. If it was not, the companies would either go bust, or would walk away, or would raise their prices so that it became so. So, in the long term, you're best off to finance these things yourself. Put the money aside, if you want, and over a lifetime you'll have some to spare - it's called "self-insurance", which is a useful comeback to pushy insurance salesmen. The potential pitfall in this is that you might be hit with a big bill before you've had the time to accumulate the funds. In that case, insurance would have been a good idea. So, the real question is what is the bigest bill you might reasonably have to face, and can you meet that out of your usual cashflow? For me, looking at the house and the 911, the answer is "no", so the house is insured and the 911 is under a Porsche warranty. For the BMWs, white goods, and electrical equipment, the answer (for me) is "yes", so I decline the extended warranties on those things. Link to comment Share on other sites More sharing options...
Mook Posted February 26, 2008 Report Share Posted February 26, 2008 [ QUOTE ] Does VW not offer an extended warranty? [/ QUOTE ] Yes they do, but it's bloody expensive! Link to comment Share on other sites More sharing options...
v6tas Posted February 26, 2008 Author Report Share Posted February 26, 2008 [ QUOTE ] Ask yourself how much warranty work you've had done in the past three years and then decide whether to do it or not. VW will want a BIG chunk of money, or you could try someone like www.warrantydirect.co.uk, but be VERY careful with the T&Cs! [/ QUOTE ] Do see your point mate. Im just worried ill not bother and something expensive will go tits up Link to comment Share on other sites More sharing options...
962C Posted February 26, 2008 Report Share Posted February 26, 2008 Relax. If something big breaks - clutch or gearbox for example - so be it. Just think how much money you are saving on depreciation with your mkiv over a new rapidly depreciating mkv! The new R32 must lose about 10k from new in the first two years. Chronic residuals compared to the almost-neverending honeymoon the now legendary mkiv enjoyed. VW warranty on yours would be about a bag of sand, hence pop this in an ISA and have it read just in case any unexpected bills come your way. If the year passes without issue, bingo, you are £1000 + £50 interest up. Link to comment Share on other sites More sharing options...
v6tas Posted February 26, 2008 Author Report Share Posted February 26, 2008 Yep it think my mind is made up to be honest. I do put money away each month towards the cars up keep so i think ill just cross my fingers and hope for the best !! (There is always the plastic to fall back on in an emergency) Link to comment Share on other sites More sharing options...
Sparticus Posted February 26, 2008 Report Share Posted February 26, 2008 They are a bunch of crooks who will find any way of not paying out. I have had warranties with AA, RAC, Warranty Direct ( who have a vey slick web site and tele sales outfit ). All the same. Mechanic once told me to stick £300 under my mattress instead. If I need any repairs I shop around, and use the web to buy parts. The savings of doing this is amazing and I end up with a much better knowledge of my car. Link to comment Share on other sites More sharing options...
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