Yeti-ahoy! said:
Has anyone got a view on the Skoda extended warranty? I'm considering extending from 3 to 5 years for piece of mind, but not sure. Comments gratefully recieved
It's mostly about piece of mind and your attitude to risk but have a think on ththe items below:
Firstly if you get any warranty it must be as comprehensive as possible, this appears to be so.
If your mileage is very low it seems less good value.
Warranties are partly used as a device by manufacturers to tie you in to their dealer network. Plus if you do have a covered problem - you will feel less harshly about your product/manufacturer!
Remember that you are more likely to claim on years 4 & 5 than the 1st 3 years.
Before purchasing any warranties ensure that you have not done anything already that would invalidate any future claims. EG. Un ahthorised modifications to car or missed services/late services out side manufacturer paramaters.
It is unlikely to cover wear & tear items.
If you hydraulic the engine through going through a large puddle/flood - you will not be covered.
You could put the cost of the warranty away in a bank account and hope to cover any problems with that.
It's all still your choice though.
Sorry if post is a bit lengthy - but T&Cs for these products must be read prior to purchase - never make assumptions!
As you may have guessed I have worked in the past for a manufacturer's new & used warranty dept!