Warranty

  • Unlimited Claims
  • Includes general Wear and Tear
  • Nationwide warranty
  • Want to know more? Get in touch
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Best available rate

Total repayment

Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Hitatchi

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender

Warranty insurance

Whether it be to get to and from work, take a trip away, pick the kids up from school or even to make those seemingly endless trips to the supermarket, our cars often have a vital part to play.

So if your car breaks down, it can be inconvenient, frustrating and potentially expensive when faced with the repair bill.

Warranty insurance can offer a solution to this, covering the costs of repair bills and helping to get you back on the road quicker.

What is warranty insurance?

Warranty insurance - also known as motor warranty - covers your vehicle for a large number of mechanical and electrical failures. Another term used for warranty products like this is Mechanical Breakdown Insurance (MBI).

When buying a used vehicle, most dealerships tend to offer some kind of warranty policy, but this is usually very basic cover that lasts just a short amount of time. These policies often come with an excess and a low claims limit too. Should the warranty offered by the dealership expire, or should your new vehicle not come with any warranty at all, you will responsible for any repair costs if you run into car troubles.

If you add to this the fact that today's cars contain the latest technology, repair costs can end up much more expensive than they used to be, with the cost often in the thousands rather than the hundreds.

Warranty insurance policy can protect you from unexpected and costly repair bills for longer, and through making manageable monthly payments, you can provide yourself with that added peace of mind of knowing that you will be covered in such circumstances.

How does it work?

Warranty is a pretty simple concept - it is completely separate from any motor insurance, breakdown cover or GAP insurance that you might have already arranged, focusing solely on repairing your vehicle after it has suffered from a breakdown and/or other serious mechanical or electrical failures.

Just as with any other form of insurance, your policy documents explain in great detail what is and what isn't included in your cover - in this instance, the type of breakdowns and failures that qualify for a claim.

What are the benefits?

Warranty insurance policies can vary quite widely between providers in terms of the features, benefits and the cost.

We can offer bespoke extended warranties that are often substantially more comprehensive than the short-term, free warranties that you may be supplied with.

The cover we offer is a high level comprehensive warranty insurance, which provides you with the following benefits:

  • All mechanical and electrical failures are covered for parts, labour and VAT (subject to exclusions and the conditions of the policy)
  • Unlimited claims during the life of the policy – no matter how many mechanical or electrical failures you experience
  • Unlike most warranty policies, our warranty product can also cover failures that have been put down to general wear and tear
  • A choice of claim limits up to the purchase price of your vehicle with each individual claim
  • Unlimited mileage allowance during the term of the cover
  • As it's a nationwide warranty, you can take the car to any approved VAT registered garage
  • Hire car contribution in the event of a valid claim if your repair takes more than 24 hours
  • The policy can also contribute up to £100 towards the cost of roadside recovery, such as the expense of towing or transporting your vehicle to the nearest repairer
  • If your vehicle is a long way from home when you experience a sudden failure, meaning your car is unable to get you home safely, this policy will also contribute towards the costs related to any hotel expenses or return train fare home

Why should you consider purchasing a warranty?

For the same reason you buy any warranty, like for appliances such as your washing machine and TV, you purchase a warranty for the added peace of mind of knowing any sudden failures would be covered in the worst case scenario.

By purchasing a warranty, you are giving yourself a more affordable option to allow for any costly unexpected repair bills for your vehicle, which could potentially save you hundreds or sometimes even thousands of pounds in the long run!

Most importantly, rather than offering a warranty policy under the impression that 'one size fits all', we are able to offer tailored warranty solutions so that you can choose a level of cover that best suits you and your budget.

How can I purchase warranty insurance?

Arranging warranty insurance for your vehicle is simple, and can be arranged at any time, subject to your vehicle passing the eligibility criteria, simply contact one of our insurance advisors and they will talk you through the process.

How much will it cost?

The cost of warranty cover is dependent on the type of vehicle and the level of cover that you require, and we can talk you through all options in regards to cover upon enquiry.

You can opt to pay for your warranty insurance upfront, or by spreading the cost over 11 monthly installments, which can help to make the cost more affordable for you.

For a free no obligation quote or to find out more about GAP insurance call our Insurance team on 0161 850 5098

three members of staff looking at camera
Best available rate
Total repayment
Total cost of credit

Best available rate

Total repayment

Total cost of credit

We compare products from 18 of the UK's top lenders to get you the best deal.

Hitatchi

Representative example. Excellent Credit

Borrowing £7,500 over 48 months with a representative APR of 16.8%, an annual interest rate of 16.8% and a deposit of £0.00, the amount payable would be: £211.25 a month, with a total cost of credit of £2,640 and a total amount payable of £10,140.

CarFinance 247 is a broker and not a lender