Used Car Warranty Adelaide
A used car warranty on used cars Adelaide can help you avoid or minimise large, unexpected repair bills and help you to protect one of your biggest investments and assets – your used car. Let’s face it a used car is a complex piece of machinery, with thousands of moving parts, so it is inevitable that at some time there is going to be a mechanical failure. A used car warranty is a way of minimising the financial burden when that happens – and depending on what breaks down; it could cost you thousands without a used car warranty.
Below are explanaitions about the different used car warranty types including the manufacturer warranty. This is also one of the benefits of buying from a used car dealer Adelaide has, as opposed to buying a used car privately.
Statutory Warranty Adelaide
A used car warranty is an agreement that your vehicle will be repaired if it suffers a mechanical failure during a fixed period of time for components covered under the warranty, and subject to the terms of the warranty. The Trade Practices Act (1974) protects buyers when they purchase goods in Australia, including vehicles, entitling purchasers to certain basic rights. These rights are known as statutory rights; hence the term Statutory Warranty.
Used cars Adelaide bought from a licensed motor vehicle dealer, including used Holdens Adelaide, used Toyota Adelaide, used Nissan Adelaide and used Fords Adelaide may also come with a statutory warranty. The conditions under which a statuatory warranty is required by law vary by state, and depend on the age of of the car and the kilometres it has travelled done. Warranty conditions are also be affected by the purchase price of the vehicle in some states.
Dealer Statutory Warranty for Used Cars Adelaide South Australia:
- Vehicle purchase price: $3,001 to $6,000 the statutory warranty covers you for 2 months / 3,000 km
- More than $6,000 you are covered for 3 months / 5,000 km
Note: A Statutory Warranty doesn’t apply to cars that are sold for $3,000 or less, cars that have travelled over 200,000 km, or cars that were first registered more than 15 years ago.
Statutory warranties basically cover items that make the car roadworthy under the law; i.e. the car cannot be defect-able.
Tip: Buying a used car privately does not give you any rights under a statuatory warranty, this is only when you purchase a used car from a licensed motor vehicle dealer.
A Manufacturers warranty is the most comprehensive warranty and comes with the purchase of a new car only. Each manufacturer will have a list of what is covered, and for how long, but as a general rule of thumb, you are covered for mechanical failure for a period of 3 to 5 years. Additionally you may also be covered for non mechanical items.
Extended Manufaturers Warranty
An extended manufacturers warranty is available through many used car dealers Adelaide has, as well as through warranty companies such as National Warranty Company, and gives you the chance to extend your original manufacturer’s warranty for an additional period of time. There are a range of extended warranty products available at a range of different prices, and each of these used car warranties also comes with different conditions and inclusions.
Ideally, your extended warranty coverage should cover a wide range of your vehicle’s components for mechanical and electrical failure. Other services such as roadside assistance may also be available.
Tip: It’s important to fully read and understand the terms of an extended warranty to ensure you know what you are covered for, and what your responsibilities are.
Used Car Warranty
A good quality used car warranty is your insurance against the cost of potential future repairs and labour on used cars in Adelaide. A used car warranty can be arranged at the time of purchase of your used car, from a used car dealer, and can be included within your used car finance. As cars become increasingly more complex, with sophisticated computer-assisted driving aids and high-performance engineering, repairs are also less simple. Labour hours quickly mount up, not to mention the price of parts. Before you know it, the cost of fixing the problem can quickly run into the thousands. A good quality used car warranty product will protect thousands of your vehicle’s components from mechanical and electrical failure with only a minimal – or even zero – excess payable by you.
Benefits of a Used Car Warranty
Having a used car warranty offers a number of benefits for used car owners and drivers in Adelaide South Australia:
- Your asset and or investment is protected – know that your used car is covered for a wide range of mechanical and electrical faults with little or no excess to be paid.
- Peace of mind – opt for a used car warranty to limit your exposure to unexpected major repairs.
- Choose a used car warranty to suit you – pay for high or low kilometre cover, more or less covered components, higher premium with lower excess- it’s your choice.
- Payment flexibility – make a single upfront payment or pay in monthly instalments.
- Add value to your car – if you decide to sell – receive a pro-rata refund for your remaining cover, and add resale value, as most are transferable to future owners (for a small fee).
- Roadside Assist – select optional roadside assistance with your warranty for additional piece of mind.
Your used car is the second biggest purchase many of us will make next to our homes, and for many people we rely on having our car on the road all the time, so it makes sense to have a used car warranty to protect us from unexpected problems and costs.