Everyone hopes their new car will work flawlessly, at least for some time. They also know that in the time of need they can make use of the vehicle’s guarantee. However, many manufacturers try to tempt the customers with an additional extended guarantee. How much does this cost and what can you count on if you opt for it?
How much does the extended guarantee cost?
The answer is simple: it depends. Each manufacturer offers a different length of extended guarantee period, so it is understandable that this can affect the price. Here are some examples that illustrate this well:
- Dacia Duster: extending the guarantee for additional 2 years costs around 1,300 PLN (up to 80,000 km)
- Lexus NX 300h: last year, Lexus offered protection for additional two years (or half a million kilometres) for a price of almost 10,000 PLN.
- VW Passat: additional three years cost 3,500 PLN (up to 100,000 km)
- Honda Civic: additional two years: 2,100-3,500 PLN (up to 300,000 km)
- Alfa Romeo Giulia: for extending the guarantee for additional 3 years you’ll pay almost 8,000 PLN (up to 75,000 km)
By the way, based solely on the offered conditions of the extended guarantee, one can say (approximately) which car will cause problems in the future and which one will work flawlessly. This is a questionable approach, of course, but there’s some truth in it. Note the differences in mileage, ranging from 75 to 500 thousand kilometres.
There’s one more thing to mention when discussing the price for extending the car’s guarantee: the necessity of regular mandatory visits to an authorized service station. It can help you determine the cost-effectiveness of the additional protection.
Considering the cost of such service, many drivers will definitely reject the manufacturer’s (or dealer’s) proposal and stick by the standard guarantee. Speaking about authorized service stations: when repairing a car with an extended guarantee, you pay for it out of your own pocket, and then you settle the accounts with the insurer.
When should you choose an extended guarantee?
When considering the purchase of an extended guarantee, it’s worth weighing up how many kilometres you’ll drive annually and comparing it with the designated mileage limits. It seems that an extended guarantee will be the best solution mainly for those who drive relatively short distances per year. After two or three years of the validity of the standard guarantee, they’re left with a car with a small mileage but nevertheless, its price will have fallen sharply due to age. Buying an additional guarantee may increase its value in the eyes of the future buyer.
The owners of cars whose technical solutions are so complicated that there’s a higher risk of faults may find additional guarantee beneficial, too. Compared to a vehicle whose guarantee has already expired, one with an extended guarantee will simply make a better impression.
Extended guarantee: exclusions
This is probably the most interesting part of this text. It turns out that each brand approaches the subject a bit differently. Consumable parts, i.e. everything that is naturally consumed during the proper use of the car, are excluded from the extended guarantee.
What else can be excluded? For example, things that had broken due to our negligence, or such items as upholstering or windows. Here are some interesting examples of exclusions from the last year:
- Alfa Romeo Giulia: turbocharger
- BMW X3: unpleasant smells
- Toyota Auris: decorative elements
- Honda CR-V: door handles
Is the extended guarantee passed on to the next owner?
Finally, some good news for those who want to buy a car from the first owner. In the vast majority of cases, an extended guarantee can be passed on to the next buyer.