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Warranty for 5yr+ old cars

Posted: Mon Jun 30, 2008 8:31 pm
by Wolverine
My car is now over 5 years old and I am no longer eligible for the Audi All Components Warranty. Instead I have been offered Named Components Cover which obviously as the name suggests is not as comprehensive but does seem to cover most items. The p*sser is this Named Component Cover is £1742, about £500 more than the All Components. Thats a significant increase ..... am wondering if goind down this route is worthwhile or whether sepnding a £1k with Warranty Direct is a better option. Thoughts guys ?

This is what the Audi Named cover includes :

Parts covered for cars over five years of any mileage:

Engine: All internal parts, timing belt and tensioner, turbocharger, supercharger, all solid-state sensors and control units (including immobiliser ECU) of the engine management system including supply relays, ignition switch, petrol or diesel injection and lift pumps, fuel injectors and pipes, starter motor, starter motor relay, alternator, water pump, thermostat, carburettor and engine mountings.

Catalytic converter: Internal failure of catalytic converter.

Clutch: Clutch cover, centre plate, release bearing, cable and adjuster, pedal, solenoid and switch.

Suspension: All parts including self-leveling system, wheel bearings, switchgear, ECU and relay, hydraulic pumps and valves.

Steering system: All parts including from the steering wheel to the track rod ends, rear wheel steering (if fitted) PAS system (excludes drive belt), solid-state sensors and relays.

Braking system: All parts including ABS system components, stop light switch, relays, discs, drums, cylinders, pipes and hoses.

Drive-line components: All parts including four wheel drive system, propeller or drive shafts including gaiters and centre bearing, differential and transfer box internal components, switchgear, ECU and relay.

Locking systems: All parts fitted as standard.

Heating and cooling: All parts relating to heating and air conditioning systems and engine cooling. (Excludes coolant pipes and hoses.)

Electrics: Control units and flash updating, switches, relays, motors and instrument clusters.

Oil leaks: Seals and gaskets replaced to rectify oil leaks on the components in this list of cover.

RE: Warranty for 5yr+ old cars

Posted: Mon Jun 30, 2008 8:34 pm
by Wolverine
Actually doesnt seem to mention gearbox or have I missed it somewhere?

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 9:38 am
by Rupert
Covered under the driveline components?

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 11:10 am
by Lig
Hi Wolverine.....

The view I have taken is to not have a warranty at all!! I had the DRC replaced by the dealer under my old warrantly so this is covered for the next 18 months. I have the car serviced / looked after by a specialist and not the main stealer so no issue with having FASH as I dont think this really makes a difference on a 6 yr old car so long as you stick to the service schedule and use Audi parts and Audi recommended Oil.

When I deliberated this, the specialist told me that £1K can go a long way for repairs and to be honest what can go wrong (he says with crossed fingers)?? The main thing, DRC, is covered and when it isnt you are talking £1300 for KWs. The other thing is the box which as I dont plan to chip the beast I expect it will last and I think the vast odds are that it will?!

Rather than take a warranty, I have just started putting £200 a month in my 'RS6' account for consumables (tyres, brakes, servicing etc) and to cover the unfortunate....It soon adds up and now up to £800 makes me feel pretty comfortable.

I had a TVR before this and took the same approach however with the RS6 I dont 'cringe' at all when i turn the key!!!

All IMHO of course.......

Regards,
Lig.

WARNING - Your car is at risk if you do not take out a suitable warranty and Lig cannot be held responsible should you choose to adopt his 'money in pocket' approach :-)

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 11:31 am
by DRC
Lig, I've been taking your approach for a couple of years....and I guess I've about broken even on repair cost against warranty premiums, although I'm too scared to calculate it exactly. :)

Now, after spending £600 on a new alternator I'm starting to see that it may be worth getting a warranty now that the car is over 5 years old where the chances of components failing increases.
Now, WarrantDirect have quoted me about £800. This seems reasonable as long as they don't try and wriggle out of any claim. I guess that they could always find a 'valid' reason not to pay out. Has anybody had any good/bad experiences with them?

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 11:39 am
by Lig
Hi DRC,

I know, thats the thing with warranties its all a chance game?!! From my research Warranty direct seem to be the best, however I am sure they will all try and 'wriggle' out of things - and then theres the hassle of waiting for them to respond etc.

When my DRC failed, an assesor came out and agreed to replace 3 shocks and both valves so this would have left one 70K miles shock - what was the point in that? so it ended up costing me around £400 for the fourth shock. If it had been two I would have paid myself and gone for a 3rd party setup.

You pays / saves your money you takes your chance??!!!??!!!

Lig.

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 11:39 am
by GardinerG
I pay about £55 for franchised dealer repairs through Warranty Direct. They phoned me back and offered the discount. Hope this helps.

Though I have not had to make a claim yet to be fair! :?

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 12:08 pm
by DRC
Lig, it is indeed a gamble...and come to think of it, my major expenses have been on stuff which is not covered anyway like tyres, brake disks/pads and servicing.
The two things which have broken have been the alternator (£600)and the DRC, which I replaced with PSS-9s for £1700. So that's £2300 in 2 years which is much cheaper than the Audi warranty would have been.

So, at <£800 per year, the WarrantyDirect route seems tempting and, as GardinerG points out, they seem very helpful, at least regarding signing you up.

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 12:45 pm
by Lig
They are all helpful at signing you up. A bit like insurance companies - Its when you claim that the fun starts!!

WOLVERINE - If you go for the Warranty direct, I would be really specific and ask them if the DRC would be covered (if you have it) and get it in writing, Shocks and the expensive two valves as there is a really grey area around wear and tear - if the shocks are leaking then this could be wear and tear even at 30K miles!! This is one of the reasons why I chose to have no warranty - Wear and tear can get them out of lots of things!!

Lig.

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 2:20 pm
by Golffather
Warranty Direct also state Wear and Tear under the policy i've just taken with them. They've been categoric in stating that all wear and tear is included except the listed exclusion (tyres, brakes etc).
£50 a month for the S6 but a £5k total claim limit. I'll be putting them to the test next week so we'll see what transpires.

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 2:33 pm
by DRC
This is one of WarrantyDirect's conditions:

"2. We will not pay for Breakdown of any insured part
within the first ninety days of your policy incepting
(unless it is a renewal) where the breakdown of
that part is caused primarily or in whole by wear
and tear."

On a 5 year old car, any breakdown can be considered 'wear and tear'. So the 12 month policy effectively becomes 9 months.
Now, I can see why they have this condition, and it may be that this just protects them from people who obviously sign up after things go wrong, and that they are in general an excellent company that work on a 'no quibble' basis on genuine claims.....or they may be a bunch of scam artists. I just don't know, so maybe the best thing is just not to bother....as Lig said all along. :)

I have asked them if no longer having a DRC qualifies for a discount.

GardinerG,
Do they know about your tuning stuff?

Wolvarine,
Apologies for hijacking your thread, although I think I'm keeping roughly on topic.

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 4:05 pm
by GardinerG
GardinerG,
Do they know about your tuning stuff?
Yep, I made damn sure they knew from the inception. But then I don't have DRC to go wrong, and they know about that too. :lol:

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 9:02 pm
by SteveH
From the two years that I paid for a warranty I definitely made a profit on the "investment". particularly when a thermostat is about £20 for the part and about £900 for labour!!??

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 9:30 pm
by Wolverine
Steve - I assume you made a profit as you went to an Audi servicing centre as opposed to an independent specialist ?

I had my Lamda sensors changed and Audi charged something like 23 hours of labour. However, a specialist quoted me 9 hours of labour .... said you didnt need to take out engine but simply tilt it enough to gain access.

RE: Warranty for 5yr+ old cars

Posted: Tue Jul 01, 2008 9:40 pm
by Golfather
[quote=Wolverine]My car is now over 5 years old and I am no longer eligible for the Audi All Components Warranty [/quote]

I've got an 02 reg Audi still with the full extended cover. Go to another dealer and demand an extension to your existing cover.
Any other warranty is not worth the paper its printed on.