Warranty Direct

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Trev450

6,323 posts

172 months

Sunday 6th May 2018
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A big thank you to the OP for posting this up. I have just had a quote for £640 from them for my V10 R8 to include most of their options. That is with an optional £150 labour excess, an uncapped labour rate and no cost of parts contribution.

_Leg_

Original Poster:

2,798 posts

211 months

Sunday 6th May 2018
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Trev450 said:
A big thank you to the OP for posting this up. I have just had a quote for £640 from them for my V10 R8 to include most of their options. That is with an optional £150 labour excess, an uncapped labour rate and no cost of parts contribution.
Champion.

BlueIn2Red

399 posts

207 months

Monday 7th May 2018
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The one part of this that surprises me is them saying that low mileage cars experience fewer issues. The opposite (within reason) is actually the case, and it would worry me a bit that they think different!

_Leg_

Original Poster:

2,798 posts

211 months

Monday 7th May 2018
quotequote all
BlueIn2Red said:
The one part of this that surprises me is them saying that low mileage cars experience fewer issues. The opposite (within reason) is actually the case, and it would worry me a bit that they think different!
They're not talking about garage queens. They provide warranties across more day to day cars too, supercars will be a small proportion of that. When comparing their entire client base, which will include plenty of 70, 80, 90 thousand mile Fords, Vauxhalls etc, I can imagine their stats do show high mileage cars are more of a risk.

They consider my 19,000 mile, 4 year old 458 Spider very low miles. It should be on 60,000 miles I would imagine* compared to more every day cars. But anyone involved in supercars would consider it high miles because in isolation as a group, supercar users don't use their cars as much as Barry* uses his Focus.

*I didn't ask what they considered standard annual mileage but 12000 or 15000 has been used for years by all and sundry

**Focus drivers aren't all called Barry

BlueIn2Red

399 posts

207 months

Monday 7th May 2018
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Cool, that makes a lot more sense then. My 458 is six years old and has done 18000 miles, which is often bizarrely considered high mileage in the Ferrari world. I'm considering this warranty as a result, but will probably on balance continue to "self insure", because I fear that small print would always be found in the event of a significant claim.

_Leg_

Original Poster:

2,798 posts

211 months

Monday 7th May 2018
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BlueIn2Red said:
Cool, that makes a lot more sense then. My 458 is six years old and has done 18000 miles, which is often bizarrely considered high mileage in the Ferrari world. I'm considering this warranty as a result, but will probably on balance continue to "self insure", because I fear that small print would always be found in the event of a significant claim.
Well done on the mileage. Good man!

I've got the policy now. I know my way round contracts (from a commercial perspective, I am no lawyer) and in my opinion it's sound. I see no small print that says anything they didn't make me aware of nor that would allow them to wriggle out of a warranty claim that is for an item or event that is warranted so long as I have done what I've agreed to do in the contract.

Sheepshanks

32,788 posts

119 months

Monday 7th May 2018
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_Leg_ said:
*I didn't ask what they considered standard annual mileage but 12000 or 15000 has been used for years by all and sundry
UK average is apparently 8K, but I think that's done by surveying people rather than it being measured in some way.

Rock Studly

82 posts

212 months

Tuesday 8th May 2018
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I have just got a quote of nearly £2k for a 2011 40k miles California with £250 excess and all options.

After reading this post I had expectations of less. I know she has done more miles than most but at 8k a year not excessive by normal car standards.

They did say that as the product was only launched in March that weren't giving any discounts. My Power warranty doesn't expire until June so I may call back in a few weeks and see if they are more generous.


PrancingHorses

2,714 posts

207 months

Tuesday 8th May 2018
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@_Leg_ Thanks for the heads up pal - I called today and cancelled my policy I took out a couple of months back and started a new one and in the process saved myself over £1500 biggrin

Happy Days...Owe you a Beer or two!

_Leg_

Original Poster:

2,798 posts

211 months

Tuesday 8th May 2018
quotequote all
PrancingHorses said:
@_Leg_ Thanks for the heads up pal - I called today and cancelled my policy I took out a couple of months back and started a new one and in the process saved myself over £1500 biggrin

Happy Days...Owe you a Beer or two!
Nice. :-)