To warranty or not to warranty.....

[DavidP]

Chaps
As fonts of all knowledge, I would be very grateful for your thoughts.

My WH TVR Spirit comes to the end of its one year life at the end of next month. I'm a 1998 4.5 with 23k on th'clock.

Just had my 24k service. Nice and clean....no problems. The warranty stood me in good stead last year. Some bits and bobs, but about £1k for a slave and new clutch. It was unlimited claims up to the retail value of the car.

WH have just quoted £525 for another year, with unlimited claims BUT with a £1k per claim ceiling.

Now......as my company pays the first £2k per annum of servicing and repairs (yup - jammy git ), do you reckon it's worth getting the warranty. I'll do about 8k miles p.a.

Thanks in advance for your thoughts

[waddler]

I'd take it. It won't take much for you to get your 500 quid back. Also, it will also help if you decide to sell it.

[adamb]

I was in exactly the same dilema, same car , same age, same milage 2 weeks ago. Decided not to renew on the basis that almost everything on a Cerb is going to cost more than 1K.

I also recon that its got to be getting close to new clutch / gearbox time (based on age + milage) and WH wouldn't help with that.

Also I (fingers crossed) have a good one, its cost me little more than servicing and consumables in the last 3 years.

[waddler]

If the claim was more than 1K surely WH would pay the 1st thousand?

[DavidP]

quote:
If the claim was more than 1K surely WH would pay the 1st thousand?

Yes.....that's my understanding

Edit - Unless something unforseen happens, I won't be selling for another 2-years. I suppose there's an argument to say that if my company pays the first £2k of costs anyway, and they would therefore get the benefit of the first £1k claim, then they should have the option of taking (and paying for) the warranty. I think I'll ask

>> Edited by DavidP on Thursday 19th September 16:20

[DavidP]

Sorry guys (and thanks for your thoughts thus far), this is just my feeble ramblings.....but as the £525 premium would come of my £2k pa allocation, which it surely would, then it would be £525 off my budget for servicing and consumables for the year. If it was warrantyable work that was needed, there would be no net diference for me personally.

I think that's a no then. Or is my logic flawed?

[DavidP]

This is so sad
I've just run a spreadsheet with some what ifs. It does make sense for me for the company to pay for the warranty.

Close thread now ta and thanks again