Third party warranty

chillinpenguin

Hi Guys

Im due to take receipt of a 141 volvo V40 in the next few days. The dealer is now trying to sell me an extended unlimited millage warranty from a third party.

The cost for the year is €350

Its a Volvo and only 3 years old it should be grand....but if not it could be money well spent.

Has anyone here gotten it? Is it easy to get a claim processed if something does go wrong?

coylemj

What about the warranty that he offers as standard?

You're entitled to a warranty when you buy from a dealer -that's why you pay more than in a private sale where you have virtually no consumer rights ('caveat emptor') so ask him what warranty he is providing if you decline the one he is asking you to pay for.

bazz26

The majority of those third party warranties are useless due to the amount of exclusions in them and/or the hopes the warranty company put you through before they will pay out. They are more an insurance policy against mechanical failures than a proper warranty. They can also be used as a get out of jail card by the dealer in that they tell you go deal with the warranty company. I'd rather push for the dealer to extend their in house warranty.

Del2005

coylemj wrote: »

What about the warranty that he offers as standard?

You're entitled to a warranty when you buy from a dealer -that's why you pay more than in a private sale where you have virtually no consumer rights ('caveat emptor') so ask him what warranty he is providing if you decline the one he is asking you to pay for.

You aren't entitled to a warranty, there is a EU law which gives a 2 year warranty on all new goods which we never introduced as our laws are better. You have the protection of the sale of goods and supply of services act which far superior to any 3rd party warranty. That is why you pay more from a dealer.

road_high

chillinpenguin wrote: »

Hi Guys

Im due to take receipt of a 141 volvo V40 in the next few days. The dealer is now trying to sell me an extended unlimited millage warranty from a third party.

The cost for the year is €350

Its a Volvo and only 3 years old it should be grand....but if not it could be money well spent.

Has anyone here gotten it? Is it easy to get a claim processed if something does go wrong?

I bought a used S40 back in 2008 and thought the same...it actually never let me down per se, but was easily the worst and most expensive car (for repairs) I ever owned. I think the V40 is better so hopefully you'll be fine.

coylemj

Del2005 wrote: »

You aren't entitled to a warranty, there is a EU law which gives a 2 year warranty on all new goods which we never introduced as our laws are better.

OP is buying a secondhand car.

Del2005 wrote: »

You have the protection of the sale of goods and supply of services act which far superior to any 3rd party warranty. That is why you pay more from a dealer.

That act talks about goods being 'fit for purpose' and (in the case of mechanically propelled vehicles) that it is free from any defects which would render it a danger to use, there is no mention of a specific warranty term for new or secondhand goods.

Del2005

coylemj wrote: »

OP is buying a secondhand car.



That act talks about goods being 'fit for purpose' and (in the case of mechanically propelled vehicles) that it is free from any defects which would render it a danger to use, there is no mention of a specific warranty term for new or secondhand goods.

So for a 2nd hand vehicle a warranty is useless.

Statute of limitations is the limit under the sale of goods act. It covers defects when you purchase from a retailer.

Toyotafanboi

Del2005 wrote: »

So for a 2nd hand vehicle a warranty is useless.

I wouldn't say that. A good, honest warranty will probably protect you even better than the sale of goods act I'd say.

Not a hope I'd be paying €350 for a 1 year 3rd party money, you'd be better off putting the money under the mattress. They basically cover nothing and then when they cover something, most garages won't work for the pittance they offer.

I'd say the dealer is offering you 12 months in house and the opportunity to extend to 24 months for the €350. If so I'd take the 12 months in house and leave it at that.

coylemj

Del2005 wrote: »

So for a 2nd hand vehicle a warranty is useless.

Hardly 'useless' if you buy from a reputable dealer? It may not be a warranty against every defect and breakage per a new product warranty but it will cover some breakages and faults.

Del2005 wrote: »

Statute of limitations is the limit under the sale of goods act. It covers defects when you purchase from a retailer.

Isn't a motor dealer who sells to the public a 'retailer'?