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Is extended warranty a good idea?
We have been offered an extra 24 month warranty on a 2011 Volkswagen Polo for £700. However, the car is supplied with a 12 month warranty. Is £700 for an extra 12 month warranty good value for money?
Asked on 15 August 2014 by Matthew1982
Answered by
Honest John
Obviously you do not pay £700 for a warranty when you don't know what you are getting. Tell them you want a detailed description of what will and what will not be covered for this £700 of your money or you will consider taking the matter to the Financial Conduct Authority.
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