Nov 122018
 

Extended Car WarrantyShould I buy an extended warranty? If you’ve ever bought a used car or kept a new car for over three years until the standard, manufacturer warranty expired, you’ve almost certainly asked yourself this question. If you’re struggling to find the answer, this guide should help!

What Exactly Is an Extended Warranty?

All new cars come with a manufacturer warranty, which typically lasts for three years. This warranty, minus a few exceptions, will cover anything that goes wrong with the car within that timescale.

An extended warranty from a warranty provider such as Warranty Direct, is designed to be an easy way for you to extend this coverage after the manufacturer warranty expires, giving you protection in the event of unexpected vehicle failure.

Why Not Just Get The Parts Repaired or Replaced Myself?

The cost of parts and labour can be expensive and repairs are inevitable when you own a car. Things happen! Engines, fuel pumps, radiators, and other essential car parts have an average lifespan and, without an extended warranty or a manufacturer warranty, the burden of payment will fall entirely on you!

With an extended warranty, you pay a fee up front for peace of mind that, in the case of engine failure, for example, you’ll be covered.

What’s Covered With An Extended Warranty?

At Warranty Direct, we offer a core coverage as standard with the option to add on additional cover . With the core coverage, your engine, gearboxes, transmissions, ECUs & computers, casings, supercharger, turbocharger, and flywheels & drive plates are all protected minus a few exceptions. You’ll also have a choice of labour rates, parts contribution and excess.

Can I Take Out a Policy on a Used Car?

Of course! Provided your car is not older than 12 years old, and has travelled under 120,000 miles, then it could be eligible for an extended warranty. Get a quote for your used car here.

If I Get an Extended Warranty, Do I Still Need Car Insurance?

Yes. Extended warranties cover repairs that aren’t related to collisions, accidents, or other damage from outside sources. Instead, they cover the repair or replacement of parts due to wear and tear or a factory defect.

Car insurance is required by law and also protects other drivers on the road in case you cause an accident.

Avoid expensive repairs and drive with confidence that you’re covered by taking out an extended warranty today. More questions? Get in touch!

 

Warranty Cover is arranged and administered by BNP Paribas Cardif Limited, trading as Warranty Direct. Warranty policies are underwritten by Pinnacle Insurance plc. BNP Paribas Cardif Limited is a company, registered in England and Wales No.3233010 at Pinnacle House, A1 Barnet Way, Borehamwood, Herts, WD6 2XX and is authorised and regulated by the Financial Conduct Authority, Register No.309075

 

 

Oct 122018
 

Buying A Used CarWhen buying a car, there’s a lot to consider. When buying a used car, there’s even more to consider. It’s obvious that you’ll want to avoid a used car that’s been badly damaged, illegally altered, or that is prone to break downs…but can you know for sure that you’re making the right choice?

Follow these 10 tips to make sure you pick the right second-hand car at the right price.

10. Look for a car that’s around three years old

New cars start losing their value the moment they’re driven off the lot. By the end of the first year, most are down 40 percent in value. That means that the original owner has taken that financial hit and you won’t have to. What’s more, the market for used cars that are three years old is massive. Why? Many cars are bought on finance which, after 36 months, runs out.

  1. Do your research on car insurance and car tax

Many people mistakenly think that the price of the car itself is the only cost involved in getting on the road. Unfortunately, that isn’t the case. A relatively inexpensive second-hand car could incur massive bills over time. For example, sporty cars often come with higher insurance premiums. For car tax, you’ll have to consider its fuel type, engine type and CO2 emissions. Make sure you get quotes before signing anything.

  1. Review the car’s history

If the owner can’t offer up garage bills, MOT certificates and service records, that should raise alarm bells. If you do have access to this paperwork, look over it carefully. Look for consistent problems and consider, given how old the car is, what maintenance work will be needed soon.

  1. Look at the mileage

The mileage will give you insights into the value at purchase vs. sale and – perhaps more importantly – the potential costs of servicing and maintenance. Certain car parts need to be serviced or replaced after so many miles and many of these parts come with a hefty price tag. If you notice that a part hasn’t been replaced or serviced at the recommended interval, it’s probably not a good idea to buy.

  1.  Check the exterior and interior

This should go without saying but when we say ‘check’ we mean really look. It’s best to do this during the day when it isn’t raining or foggy. Look at the car from all angles, taking special care to look for dents, mismatched colours and misaligned panels. This would indicate that there has been work done.

While ideally the interior would be spotless, seats and carpets are easy enough to clean or have cleaned.

  1. Take it for a spin

You should never buy a car before test driving it. Make sure it starts easily and, while driving, make sure it handles well and performs how you would expect. A grinding sound coming from the brakes is a bad sign and a rumbling or smoking engine indicates a serious problem. It’s also a good idea to check that all of the features inside work. Flip on the radio, listen to the speakers, see if the air conditioning cools effectively. Also consider if you feel comfortable driving the car. Does it go faster than you expected? Does the steering wheel pull to one side?

  1.  Make sure the seller has a V5C document

This document shows the registered keeper, not the legal owner. Of course, the registered keeper should be the one selling you the car. If it isn’t, or if the seller isn’t willing to show you the V5C, you should walk away.

  1. If you think it’s too good to be true, it probably is

Unfortunately, you can encounter a lot of scams when buying a used car. Clocking, cloning and cut-and-shuts are worst case scenarios, but they could still happen. The best way to avoid a scam is by doing research, carefully inspecting the car, and trusting your gut. It’s better to pay more for a car that has all the relevant paperwork than less for a car with none.

  1.  Make sure it ticks all the boxes

What are your essential requirements? Does there need to be room for the whole family? Does it need to fit in a particularly small space? Do you need a large boot? Were you hoping for something eco-friendly? Make sure you get what you came to get and don’t settle on something else for an attractive price or because you feel pressured.

  1. Get a receipt

Once you’ve made your decision, make sure you and the seller agree exactly what is included in the price and get a receipt that includes the vehicle details, terms of the deal, your name and the seller’s name, and the date.

With that, congratulations on your new (used) car! Lastly, it’s always wise to cover your car in the event of unexpected vehicle failure, and you can do that with an extended warranty from Warranty Direct! Why not get a quote to see how we can help you?

Policies underwritten by Pinnacle Insurance plc. Arranged and administered by Warranty Direct. Authorised and regulated by the Financial Conduct Authority

 

Apr 032017
 

Tips on getting the best sale price for your motor

A car is one of the biggest financial investments that many of us will make and it can be an important part of everyday travel. However, there may come a time where you and your beloved motor must part ways. You may have a desire to upgrade to a newer and/or a more economical model. You may have to change your vehicle type to be more accommodating for business or family life. Your income from selling your current motor should help contribute to your next purchase, so it pays to have made the effort to keep your car in good condition. Not only will this help you get the best possible price when you’re ready to sell but it will also be safe and reliable for its new owner as well.

Warranty Direct has complied some straight forward tips that can help you with selling your motor.

First impressions count

When selling your car, make sure that it is clean and tidy inside and out. A buyer will want to visualise themselves in your vehicle, and that will be a lot harder to do if the vehicle doesn’t look appealing.

A grubby, unwashed vehicle exterior may also give the impression your car hasn’t been looked after properly to a buyer. As well as giving the car a good wash, it’s worth paying attention to the condition of the car’s body. Any scratches that can be buffed out, small chips filled in and dents removed will make your vehicle instantly more desirable and add value.

On the inside, the interior should be as equally appealing. A floor littered with old receipts, sweet wrappers, CDs and empty water bottles for example will not help you sell. Another cost-effective tip is to change any worn interiors, such as old floor mats – you will be surprised at how small tweaks can smarten up your car’s overall appearance.

Provide a valid MOT, service & warranty

A valid MOT is essential for any car on the road. If it is close to running out, it should be renewed before selling. No one wants to purchase a vehicle and then immediately have to shell out for unknown faults, due to poor maintenance. A recent MOT will give the buyer more confidence in the vehicle, as opposed to a car which may not have been professionally checked for a while.

Arranging a complete service history will also help give any potential buyers a full informed background into how your vehicle has been maintained throughout your ownership. It’s important to make sure you have the vehicle’s V5 or Logbook documentation as it will also show the necessary information. You’ll also need it if you do complete a sale as the V5 / Logbook will need updating to reflect the new owner’s details.

It is also useful to check the status of your warranty, whether it is a manufacture’s or an extended one, as selling with one that is still valid could allow you to get more money for your vehicle. For a car’s warranty to be binding it will need to have been serviced in the last 12 months and any issues fixed prior to sale.

An added benefit of most extended warranties is that they are often transferable (for a small fee) if you sell before your policy expires. This can add value and make your car more attractive to buyers, but make sure you check with your provider if there are any reasons why transferring may not be possible.

Ensure the price is right

Once you have checked on the warranty status and MOT, you will need to decide how much you want to list your car for. Online research through car buying websites such as Auto Trader can provide a good indication of price by allowing you to see how much similar cars have been selling for.

It might also be worth checking your car’s depreciation from the original purchase value. This can help give you an idea of a realistic expectation of value from any potential buyers.

List your vehicle correctly

When listing your vehicle, it is essential to describe it as accurately as possible. The car make, model and year the car was first registered is vital. It also helps to inform any potential buyers looking at your listing about any faults that may currently exist with the vehicle – even if they’re small and not necessarily required following the last service or MOT.

The more informative and accurate your listing is, the better the chance of being able to attract the right buyer. A lack of information or exaggeration of facts can hinder any potential sales. The buyer knows exactly what they are getting for their cash and letting them know clearly with your listing is the best way to do that.

You must detail the year the car was registered and ensure all its documents are up-to-date and passed onto the new owner.

Completing the sale

If you’ve managed to sell your car, it is important and a legal requirement that you let the DVLA know you no longer own the vehicle and it has a new owner. Updating and sending the vehicle’s V5 documentation will allow the DVLA to update its records accordingly. You must also make sure you cancel your current vehicle tax. The new owner of the car will have to tax the vehicle themselves.

Informing the DVLA and making the required changes to documentation and tax can protect you from any parking tickets, speeding fines, tax or SORN fines that may happen with the new owner. So, make sure the DVLA are informed of the sale as soon as possible otherwise you may be handed any future offences of the new owner.

If applicable, your warranty company will need to know about the sale as well. Whilst most providers are more than happy to swap a warranty, the new owner’s details will still need to be checked and logged. Failure to do so will make the warranty void.

Dec 262015
 

 

 

 

 

 

 

If you want some expert advice on the latest scams, plus paperwork and checklists to give you the edge when buying a used car then HPI has the answer, or rather its free guide is here to help.

HPI provider of the HPI Check® is helping used car buyers get it right, when it comes to parting with their hard earned money, with the launch of its digital HPI Used Car Buyer’s Guide. In all the excitement of buying a car, it’s easy to overlook the essentials or even fall prey to common scams. HPI’s comprehensive guide aims to encourage consumers to do their homework to minimise the risks, as well as highlighting the latest scams fraud sellers are carrying out.  It also acts as an important reminder to buyers to conduct a vehicle history check via www.hpicheck.com.

Buying a used car is exciting, but it can also be daunting, which is why HPI has created the Used Car Buyer’s Guide,” explains Neil Hodson, Managing Director for HPI. “Throughout the online pages of this guide, consumers will get advice on how to decide what the best buy is for them, what to look out for when viewing and test driving a potential purchase and how to get the best deal.”

The HPI Used Car Buyer’s Guide gives advice on what to do if people are buying privately or from a dealer, the importance of conducting professional inspections, as well as practical top tips on conducting a thorough test drive. Crucially, HPI’s expert advice includes a section on the most common used car buying scams – clocking, cloning, ringing and cut ‘n’ shuts – giving advice on how to spot one and explaining what the very real risks are.

The guide doesn’t stop at the point when someone decides they want to purchase a vehicle. HPI offers tips on negotiating a good price with the seller, as well as looking into getting the best warranty and insurance deals to make the buyer’s purchase decision financially sound.     Fundamentally, the Guide gives buyers advice on what to do if the purchase goes wrong; 1 in 3 cars checked with HPI have something to hide.

Neil Hodson concludes, “The launch of our new Used Car Buyer’s Guide is part of HPI’s ongoing commitment to helping consumers understand the risks, giving them the tools they need to shop and buy with confidence. Of course, a vehicle check, such as the www.hpicheck.com remains one of the best ways to ensure a vehicle isn’t a write-off, recorded with the police as stolen, clocked or on outstanding finance. Together with this new guide, HPI is helping used car buyers avoid purchasing a lemon, ensuring they drive off into the sunset with the car of their dreams.”

The HPI Check includes a mileage check against the National Mileage Register as standard, now with over 200 million mileage readings. HPI also confirms whether a vehicle is currently recorded as stolen with the police, has outstanding finance against it or has been written off, making it the best way for consumers to protect themselves from fraudsters looking to make a fast profit. In addition, the HPI Check offers a £30,000 Guarantee* in the event of the information it provides being inaccurate, offering added financial peace of mind to used car buyers.

* – subject to terms and conditions. See HPI Check website for more details.

Sep 252015
 

Skoda RoomsterVauxhall Meriva

 

 

 

 

 

 

Skoda Roomster vs Vauxhall Meriva

Small, practical and slightly funky cars are all the rage and perfect for equally funky families.

Why Buy?

We buy cars on looks and when we do that we end up with a Roomster. Cheaper to buy and run than the Yeti, with a less odd name but bags of space. The Meriva is good to drive and has groovy doors as the rear ones hinge the other way. Lots of space inside of course.

Which models?

The Skoda Roomster dates from 2005. There is a Scout model which made it look a lot more like an off roader, so its all for show and no 4 x 4 go. 2010 is when the Meriva became really interesting with those hand clap style doors. Also more refined and better to drive too.

Are they reliable?

On the whole both vehicles are pretty reliable and the Skoda seems to have faults spread around the fewest components. Both the Vauxhall and the Skoda suffer from the modern malady which is electrical issues. Both though rate above average according to Warranty Direct.

How much do they cost?

The Roomster can now be bought below £2000 and at the other end of the scale a two year old example is just over £12,000. You might get a 2010 Meriva with high mileage for £3300 rising to £13,500.

Sum Up: Both are great small family cars. The Roomster does not look it, but is the more conventional. Most of all both are interesting.

Skoda Roomster

Average Repair Cost: £333.75

Electrical: 45.45*

Axle/Suspension: 18.18%*

Gearbox: 13.64*

Warranty Direct Rating: Above Average to Good

* failure rate

Vauxhall Meriva

Average Repair Cost: £287.23

Electrical: 32.95%*

Steering System: 16.76%*

Transmission: 13.29*

Warranty Direct Rating: Above Average