[MaggieMoon]

Hello everyone - just found this site whilst browsing warranties - and basically I dont know whether to renew my 3 yr old on Dec 10th 206's warranty? I do not intend - cant afford to - change the car for the next 3 yrs - I have only done 20,000 miles to date - and I haved to make up my mind by above date? i have been online and got quotes from various ones ... about 220 per year - I think the Peugeot one is about the same ... but what do you think - ??? I have had no trouble with it so far ... but not sure how much theses little cars are rated re reliability after a few years. Any advice would be very very welcome.

Thank you

MaggieMoon

[Orange_Van]

Extended W

Definately renew , any unforseen repair bills in the next 3 years are more than likely going to cost more than the warranty , it just makes sense :)

[MaggieMoon]

Hi there -thank you very much. I am going that way .... altho I have had no trouble at all ..... as I intend to keep it for the next 3 years ..... I would have peace of mind .... only thing is - if I take out the Peugeot warranty it has to go to their garage and they charge mega bucks per hour - there seem to be quite comprehensive ones out there - eg RAC via LLoys - which are about the same price - what do you think?? And these can go to a reg garage where the prices are not so much thank MaggieMoon

[renaulthater]

i wouldn't renew your warranty, id sell the car and catch the bus! at least that way you know you will get to your destination!

[Teabag]

Check the T's and C's of your warranty first. Some warranties have long, long lists of exclusions that render them practically worthless. And then put the money you saved towards a non-French car!

[SMRHCHILL]

RAC Warranties

Do not buy an RAC warranty, they are an absolute waste of time. Read reviews on the web.
I consider that I am an honest fair person (never had a claim on insurance in over 30 years)
I had a totally legitimate claim that was just dismissed. They will not even communicate with the policy owner (and openly admit to this).
I am considering legal action against the RAC for miss selling and missleading me.
ABSOLOUTLY DO NOT BUY ONE OF THESE WARRANTIES

[wagolynn]

I have never bought an extended warranty because I read the terms and conditions. I noticed the only thing they guaranteed was to take my money. Put the money in a separate savings bank account, plus divide the annual charge by 12 for a warranty and put that amount into the bank for next year and so on. Should you have a repair bill draw from this pot of money, you could also dump another £25 to £30 per month to cover annual service.

[SMRHCHILL]

I agree with you, however this repair is definatley covered within their specifications. They argue the time of occurance, although it failed about a week after purchase, they claim it happened prior to sale. My independentant engineer report states that this would not have been the case and their assessor has best guessed in the favour of the RAC (probably on some commision basis). They are totally unfair.

[Rolebama]

I have worked for the agents of some of these warranty companies, and I would not recommend using them. It seems tha all wear and tear items and expendables are excluded. You are usually only covered for component breakages, and there isn't that much that actually breaks on a car.

[Snowball]

I purchased my first brand new car in 2005, and took out a 4-year manufacturer's service and maintenance warranty.
This included the everything except tyres (my choice), and even the cost of the MoT fee. It cost me a monthly payment of £20.48.
Just before the 4 years were up, I took the car for its second MoT and, with 33,000 miles on the clock,the maufacturers instructed the service dept to fit a new timing belt before carrying out the MoT. It cost me nothing but, had I not had the cover, the decision to change the belt or not would have been down to my cost/risk.
I can only say that I considered it to be good value for money; you do have the benefit of being able to set a known budget for your motoring.
I changed my car for another new one this March. The monthly cost has increased to £27, but still worth having.
Assuming that I may not change at the end of the present 4-year period, I will decide on whether to extend the cover at that time; depending upon cost versus amount I can set aside for unknown future repairs.

Personally, I would not advise anyone one way or the other; it is a decision too intimate to personal circumstances.

[smudger]

I have always been very wary of these warrant schemes, ever since I bought a fairly now car a long time ago.

It broke down a few weeks after I bought it, and they tried to get out of repairing it under the warranty scheme, saying that the cam shaft " was not a major moving part of the engine":eek: and this was their own 3 month warranty:mad:

Ever since then, I have never bought one, not even for all the electrical goods that we have bought, I think they are a con, but that's only my personal opinion, based on my past experience.

[Snowball]

Mainly agree, Smudger. With over four years experience of good service, I am happy with the manufacturers service and warranty on my current new car.

With other things, like electrical items, I look for the best length of warranty provided as standard.

I have taken out warranties in the past, but it's still a lottery. Don't take out a warranty, and the thing packs up prematurely. Take out a warranty and it goes on working for ages, and by the time you get to claim you have paid for the thing anyway; perhaps overpaid the price new.

Catch 22 again; heads you lose, and tails they win.

[Gizmo78]

An intersting website is www.reliabilityindex.co.uk

This gives you a figure (called the reliability index) of what you would spend on average in a year on repairs for a particular model not including scheduled servicing, MOTs, etc. It is calculated from a warranty company's (Warranty Direct) figures. It multiplies the proportion of the model in question that go wrong in any given year by the average annual cost of repairs for the model.

For a Pug 206 it has an average repair cost of £206.60 and a just under 28% chance of going wrong in any given year. On average it should therefore cost £57.46 a year on repairs.

Compare this figure to the warranty costs.