7 Year Warranty - bragging right?

7 Year Warranty - bragging right?

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Discussion

Pommy

Original Poster:

14,229 posts

215 months

Saturday 20th January 2018
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So, bloke at work gets new Kia - fair do’s seems alright but of all the things he talks about it’s the 7 year warranty that comes up time and again.

Is it supposed to be a bragging right/impressive?

It’s as if ‘hey if my car breaks I’m not going to have to pay to fix it’ leads to ‘man that’s awesome as I have to pay to fix my car’

I just don’t get why having a 7 year warranty (and let’s not get on to fuel consumption) has turned into motoring top trumps.

Surely mostly people don’t keep their new car for more than 3 or 4 year so a 7 yr warranty is only helpful for a) ease of resale and b) the 2nd or 3rd owner to not have pay £183.49 for a new leccy window switch in 5 years time

anonymous-user

53 months

Saturday 20th January 2018
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I'd love to see the figures, but I strongly suspect Hyundai/Kia have far more private and cash buyers than VW/Ford/Whoever and as such are more likely to be kept by the original purchaser for more than three years.

I do have to say that putting a 7 year warranty on your product does rather suggest you have more confidence in it that a company that will only warranty it for three. See for example Miele appliances with 5 year warranties as standard and 10 years available for £100 extra, or business spec laptops from Dell with 5 years next day on site cover vs the 12 months "say goodbye to it for 3 weeks" you get with the plastic ste from PC World.

Also this st matters a lot more to most car buyers than the stuff car bores like us care about.

classicyanktanks

295 posts

76 months

Saturday 20th January 2018
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The guys clearly pussy whipped and should not be bragging to a petrol head.

Bet the waranty is worth not a lot and is only valid if the cars serviced by Kia (apparently the servicing costs are horrendous).

AC43

11,433 posts

207 months

Saturday 20th January 2018
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My BIL has a 4WD of some description - think it's a Kia. Whatever it is it has a 7 year warranty.

He bought it when it was new-ish and it's now six years old.

The rear diff just failed just before Christmas and he had it replaced under the warranty no questions asked.

Not something to boast about but pretty handy.


Sa Calobra

37,000 posts

210 months

Saturday 20th January 2018
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For the warranty do you need to stick to their specified major minor annual servicing

vikingaero

10,256 posts

168 months

Saturday 20th January 2018
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Bragging about savings is the new bling - I bought this widget for £49 in a sale. It was £249 in Currys.

MDMA .

8,849 posts

100 months

Roger Irrelevant

2,898 posts

112 months

Saturday 20th January 2018
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dme123 said:
I'd love to see the figures, but I strongly suspect Hyundai/Kia have far more private and cash buyers than VW/Ford/Whoever and as such are more likely to be kept by the original purchaser for more than three years.
Indeed. While from reading the PH forums you'd be forgiven for thinking that everybody either leases/PCPs every three years, or buys second hand, there are still a significant number of people who buy new and then keep for ages. If you are one of those people then a seven year warranty vs a three year one is very attractive. We'd certainly consider a Kia for that reason when it comes to replacing our current Yaris runabout (probably not for a while though as it never goes wrong).

ambuletz

10,689 posts

180 months

Saturday 20th January 2018
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I'd much rather own a Honda or Toyota and have the 5 years warranty then a hyundai/kia.

as said, the appeal is mainly for people buying private, the cars are cheaper, have longer warranty. so as a white goods purchase make more money sense.

vikingaero

10,256 posts

168 months

Saturday 20th January 2018
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ambuletz said:
I'd much rather own a Honda or Toyota and have the 5 years warranty then a hyundai/kia.

as said, the appeal is mainly for people buying private, the cars are cheaper, have longer warranty. so as a white goods purchase make more money sense.
Why? The Japanese seem to have fallen behind the Koreans in terms of style and quality. It's strange but I now think Korean cars are more Japanese than Japanese cars!

David87

6,648 posts

211 months

Saturday 20th January 2018
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I must say, the warranty does seem like a very good thing, but does a Hyundai / Kia becomes almost worthless the moment it turns 8 years old? It’s USP has just disappeared! eek

kambites

67,460 posts

220 months

Saturday 20th January 2018
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Most white goods type cars are worth a pittance by 7 years old anyway.

DangerMonkey

587 posts

215 months

Saturday 20th January 2018
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David87 said:
I must say, the warranty does seem like a very good thing, but does a Hyundai / Kia becomes almost worthless the moment it turns 8 years old? It’s USP has just disappeared! eek
I doubt it, although some models were pretty damn cheap in the first place! in any case to have that level of confidence in the product makes me think I should keep our Sorrento for a long time to come. Ours is 6 years old now and I've no intention of switching it any time soon.

Not very exciting I grant you but it's utterly bomb / family proof (same thing).

DoubleD

22,154 posts

107 months

Saturday 20th January 2018
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Hes happy with his purchase, nothing wrong with that. A 7 year warranty is a fantastic thing to have, although I wouldnt brag about it.

loskie

5,143 posts

119 months

Saturday 20th January 2018
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for fleets and private buyers it is bound to have a positive effect on the residuals at sale time.

CS Garth

2,860 posts

104 months

Saturday 20th January 2018
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DoubleD said:
Hes happy with his purchase, nothing wrong with that. A 7 year warranty is a fantastic thing to have, although I wouldnt brag about it.
Correct, when I brag it's about decent stuff like my sexual stamina, what I can bench or how well I can handle a car after 12 pints. Warranties? wker

BoRED S2upid

19,641 posts

239 months

Saturday 20th January 2018
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To a Petrol head it’s not impressive I’ve had BMWs go 100’000 miles over 10 years with little more than servicing. I’d expect most new cars to easily get past 7 years with the same. It used to be the case that after the 7 years KIAs and Dewoos used to be worthless they would have depreciated so heavily.

Jag_NE

2,949 posts

99 months

Saturday 20th January 2018
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im quite particular about my cars and expect them to be spot on, most cars have quirks and someone like me would make the most of a 7 year warranty as there is nearly always something not quite right. someone like my wife on the other hand, would only use a warranty if the car was literally unable to drive! maybe the have a high % of owners in the latter category and it isn't as expensive to administer as you may think.

Willy Nilly

12,511 posts

166 months

Saturday 20th January 2018
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BoRED S2upid said:
To a Petrol head it’s not impressive I’ve had BMWs go 100’000 miles over 10 years with little more than servicing. I’d expect most new cars to easily get past 7 years with the same. It used to be the case that after the 7 years KIAs and Dewoos used to be worthless they would have depreciated so heavily.
If BMW can go 10 years without issue, where is their 7 year warranty? Surely they would just tap that one into the back of the net to clean up the last few punters that haven't bought into German bling.

I don't buy the depreciation thing either, most cars have done the bulk of their depreciating by 7 years and a Kia will have been cheaper in all likelihood than the car that came with less warranty, so they had less money tied up in the car in the first place.


exelero

1,890 posts

88 months

Saturday 20th January 2018
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I just checked AT for KIA's up to 7 yo. They start at 2k and there plenty between 2 and 3k. I don't think you can buy any other brand for the same price with manufacturer's warranty. I have read countless threads on here about mostly BMW's that fell apart 12 minutes after the warranty ran out. This new Hyundai i30n is nice as well, but ppl want the badge in general and not the quality (?).