Ask Honest John

Honest John Ask Honest John » Is extended warranty a good idea?

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.

10 warranty myths exposed

Here’s how to sort the fact from the fiction when it comes to car warranties.

Cheap Car Warranties
Similar questions
I'm buying a 2011 Fiat with 58,000 miles on the clock and have been given the option to pay an extra £500 for a two year warranty. Do you think the warranty is worth it or should I pass?
Hi, I bought a Mini Cooper S 2009 plate just over 3 months ago (1/10/15) and a few days ago the engine cut out - the rac towed me to the nearest mini dealer and they think the timing chain/belt has snapped...
I am thinking of buying a four year old Mazda 2. Is it worth buying an extended warranty at all for peace of mind?
Related models
Neatly styled and easy to drive. Room for five. Most come with full size spare. High quality interior. Double folding rear seats give flat load area. Frugal 1.2 TDI BlueMotion.