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Are car warranties worthwhile and why do people buy them?
Can you please explain why car warranties are bought and whether they are worth while. If they are necessary can you recommend a reliable company?
Asked on 25 July 2017 by DVR
Answered by
Honest John
People buy them as an insurance against having to pay big repair bills. Cover can vary according to age of vehicle, mileage of vehicle, underwriting risk of problems with that particular vehicle and price paid for the policy. We are in partnership with MotorEasy, which is self-insured. For the sake of balance, WarrantyWise operates similarly.
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