Approved Warranty Renewal Year 7...
Discussion
I bought a 6 year old low mileage Discovery 5 SDV6 a couple of months back. Private sale, I'm the third keeper.
The former owner bought it from a franchised dealer and must have extended (and paid-up) the Approved Used warranty as it was transferred to me.
This was part of the appeal - as was the fact that it was rockin' a fairly fresh short engine & turbos (!) I have a copy of the 7-page invoice and my assumption was that it was done by a LR dealer *under goodwill*, and not under the warranty...
Although said warranties can be extended for up to 10 years /100,000 miles, it must be relatively uncommon for a car to remain covered for the full term and/or distance as relatively few of them will remain within the franchised network?
I'm now thinking that I will move it on after our summer holiday and was wondering if it was 'a no-brainer' for me to extend the warranty at the end of January? Not yet seen the quote but wouldn't be surprised if it was around £1,600.
I may try to sell privately upon which it would surely be a considerable plus point, but if I was to cave and sell via Motorway etc. I guess I wouldn't get any credit?
P.S. If you extend the Approved Warranty, I guess you can pay monthly, but if you want to transfer it, I read that the current owner must pay it up in full before the transfer can be processed....
The former owner bought it from a franchised dealer and must have extended (and paid-up) the Approved Used warranty as it was transferred to me.
This was part of the appeal - as was the fact that it was rockin' a fairly fresh short engine & turbos (!) I have a copy of the 7-page invoice and my assumption was that it was done by a LR dealer *under goodwill*, and not under the warranty...
Although said warranties can be extended for up to 10 years /100,000 miles, it must be relatively uncommon for a car to remain covered for the full term and/or distance as relatively few of them will remain within the franchised network?
I'm now thinking that I will move it on after our summer holiday and was wondering if it was 'a no-brainer' for me to extend the warranty at the end of January? Not yet seen the quote but wouldn't be surprised if it was around £1,600.
I may try to sell privately upon which it would surely be a considerable plus point, but if I was to cave and sell via Motorway etc. I guess I wouldn't get any credit?
P.S. If you extend the Approved Warranty, I guess you can pay monthly, but if you want to transfer it, I read that the current owner must pay it up in full before the transfer can be processed....
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