Flipping heck; have you seen Exige S warranty costs?
Discussion
The factory warranty (2yrs....not much eh?) on my car runs out in a few days. Guess how much for an extended warranty on an Exige S?
I'll put it in perspective; in 2006 I purchased a 2yr warranty for my '04 111S and that was £599.
The current warranty for such a car for 2yrs is £630. Quite reasonable, thought I.
Go on, guess how much for 2yr extended warranty on Exige S...?
£925.
I'll put it in perspective; in 2006 I purchased a 2yr warranty for my '04 111S and that was £599.
The current warranty for such a car for 2yrs is £630. Quite reasonable, thought I.
Go on, guess how much for 2yr extended warranty on Exige S...?
£925.
i think they may be underwritten by an insurer and based on value of the vehicle - you buy a £40K car and an aftermarket warranty is usually £1300ish a year etc so I guess its par for the course these days
They really ought to give a 3yr warranty though by now...or at least lift the mileage limit...I remember my 2002 car and early 2004 the exhaust rotted though, and Id done 35K miles at the time...then I found out it was a 2 year/20K mile warranty so Id actually gone past in about 9 months
They really ought to give a 3yr warranty though by now...or at least lift the mileage limit...I remember my 2002 car and early 2004 the exhaust rotted though, and Id done 35K miles at the time...then I found out it was a 2 year/20K mile warranty so Id actually gone past in about 9 months
bogie said:
i think they may be underwritten by an insurer and based on value of the vehicle - you buy a £40K car and an aftermarket warranty is usually £1300ish a year etc so I guess its par for the course these days
They really ought to give a 3yr warranty though by now...or at least lift the mileage limit...I remember my 2002 car and early 2004 the exhaust rotted though, and Id done 35K miles at the time...then I found out it was a 2 year/20K mile warranty so Id actually gone past in about 9 months
You had an exhaust for that long?? They really ought to give a 3yr warranty though by now...or at least lift the mileage limit...I remember my 2002 car and early 2004 the exhaust rotted though, and Id done 35K miles at the time...then I found out it was a 2 year/20K mile warranty so Id actually gone past in about 9 months
kevin ritson said:
bogie said:
i think they may be underwritten by an insurer and based on value of the vehicle - you buy a £40K car and an aftermarket warranty is usually £1300ish a year etc so I guess its par for the course these days
They really ought to give a 3yr warranty though by now...or at least lift the mileage limit...I remember my 2002 car and early 2004 the exhaust rotted though, and Id done 35K miles at the time...then I found out it was a 2 year/20K mile warranty so Id actually gone past in about 9 months
You had an exhaust for that long?? They really ought to give a 3yr warranty though by now...or at least lift the mileage limit...I remember my 2002 car and early 2004 the exhaust rotted though, and Id done 35K miles at the time...then I found out it was a 2 year/20K mile warranty so Id actually gone past in about 9 months
... supposedly stainless Magnex jobbie, had it fitted from new !Whilst its a healthy amount I don't think it is 'that' much compared to extended warranties for other brands I've heard of. MB wanted £1200 for an extra 2 years on the wife's SLK IIRC. If you think about it at main dealer labour rates £1000 isn't going to go that far.
Having said that I think you're probably wise to just stick it away and earn some interest on it. Also the fatc that the warranties are still only 2 years is truly s
te.
Having said that I think you're probably wise to just stick it away and earn some interest on it. Also the fatc that the warranties are still only 2 years is truly s
te.
Try www.csma.uk.com/motoring/ for after market warranty, although it only has a £1000 max claim limit! Cost around £500/year, but covers just about everything including MOT failure and electrics.
the problem with AA and aftermarket, non-manufacturer warranties with like £1K limits, is they are fine if you just have a 4 or 5 yr old Mondeo etc (what they are designed for) ...but if you have something with more expensive parts etc then it wont do.
In one year I had 2 warranty jobs on my Audi RS6 that cost £4K each !...thank feck for the £1300 extended warranty...another year I got bit with a Volvo S80 T6, just out of warranty, had been reliable, so I didnt pay the £1100 they wanted....cue some bills that year for £2k and £1.5K etc
its gambling really, or like insurance, you can pay it in the hope that you dont need it etc...or not pay it, put it in a bank...you may get luck for a few years and have a few grand in the bank..you may not...but once bitten, twice shy
In one year I had 2 warranty jobs on my Audi RS6 that cost £4K each !...thank feck for the £1300 extended warranty...another year I got bit with a Volvo S80 T6, just out of warranty, had been reliable, so I didnt pay the £1100 they wanted....cue some bills that year for £2k and £1.5K etc
its gambling really, or like insurance, you can pay it in the hope that you dont need it etc...or not pay it, put it in a bank...you may get luck for a few years and have a few grand in the bank..you may not...but once bitten, twice shy
It's a good point, bogie. Especially with main dealer labour rates and such it doesn't take very long at all to get a bill of a few k if something goes wrong; especially in a car like the Exige which is difficult to get access to.
Having just been offered a new job about 3 mins ago, I think I'm going to splash out on that warranty....
Thanks for the advice!
Having just been offered a new job about 3 mins ago, I think I'm going to splash out on that warranty....
Thanks for the advice!
Hi Tony, I have just extended my exige s warranty with lotus. Have you considered getting 3 years instead of 2. Even if you do not intend keeping the car that long the warranty as I understand will be transferable, making the car a more appealing purchase. Price breakdown as follows
1 Year £740
2 Years £925
3 Years 1065
1 Year £740
2 Years £925
3 Years 1065
)dasherdiablo1 said:
That's a bargain.....pays your money and have peace of mind!!!!
To put it in perspective; my wifes 911 was £895 for ONE year. My Z3Mcoupes ended up being well over 1k.
This is silly cheap, so don't argue!!!!!
You just said it yourself. A Z3 with a near 10 year old "proven" M engine was more than a 911 with 40 years tuning and heritage. A toyota corolla engine with a blower does not command that kind of money!To put it in perspective; my wifes 911 was £895 for ONE year. My Z3Mcoupes ended up being well over 1k.
This is silly cheap, so don't argue!!!!!
Don't get me wrong. These are great cars but they are not in the same league in terms of engine engineering as Porsche, BMW etc.
Gassing Station | Elise/Exige/Europa/340R | Top of Page | What's New | My Stuff