Lease question manufacturer warranty?
Lease question manufacturer warranty?
Author
Discussion

the_bakerboy3685

Original Poster:

74 posts

127 months

Sunday 14th January 2018
quotequote all
As someone who has never leased a car before and is thinking about it, I'm not sure how this scenario would work.
If you take out a 48 month lease on a car which only has a 3 year manufacturer warranty, would it be down to me to pay the costs if there was a massive engine failure for example in year 4? This is an extreme scenario of course!
I just wondered how it works as I wouldn't "own the car" so not sure if it's down to lease company instead.

Fast Bug

13,185 posts

183 months

Sunday 14th January 2018
quotequote all
Yes it would be down to you. You could take it up with the lease company, but the it's pretty much down to you. I wouldn't run a lease outside of the warranty period.

andy101093

296 posts

110 months

Sunday 14th January 2018
quotequote all
48 month lease hires (PCH) are rarely ever good value for money, more so once you consider the cost of an extended warranty and an MOT.

the_bakerboy3685

Original Poster:

74 posts

127 months

Sunday 14th January 2018
quotequote all
Prob best sticking to 36 months max then.
Unless it's a Hyundai / Kia / Toyota with a decent warranty!

AlwynMike

555 posts

109 months

Sunday 14th January 2018
quotequote all
The conventional wisdom is to stick to 2 years.
No MOT. All in Warranty. No new tyres (hopefully). Maybe get away with one service only - or maybe none depending how you drive with a RBS system (like BMW for example).

Would you want to be running round in a Kia for 3 years???