Whether you're in QLD or NSW, a used car warranty can save you tons of money. Brisbane and Lismore drivers can reduce repair costs for covered parts with various warranty plans, but how long does the warranty for a used car last, and should drivers think about getting an extended warranty?
In general, the warranty for a used car will last for 5,000 km or three months. Used car dealerships offer this three-month guarantee to cover the costs of any repairs the vehicle might need because of defective components. This warranty period is standard across Australia. You will have the benefit of this warranty, also called a statutory warranty, no matter which dealership you purchase your used car from and regardless of the age of the car.
After your statutory warranty expires, you may want to consider getting an extended warranty for your vehicle. Because your vehicle will no longer be covered by Australian Consumer Law, an extended warranty can help you avoid high repair costs for covered vehicle components, such as the powertrain, drivetrain, or electrical system.
The length of an extended warranty for a used car will vary depending on the warranty provider and the make of the vehicle. Some automakers offer extended warranties directly, while other drivers will need to find a third-party provider. Most extended warranties come in different tiers, so you can choose the level of coverage you want.
Some used cars may not be eligible for an extended warranty. If you purchase a vehicle that is older than 10 years or one that has clocked over 140,000 km on the odometer, you may not be able to purchase extended coverage. Additionally, to keep your warranty active, you may need to follow certain requirements. Some warranty providers require you to have the vehicle serviced only at approved service locations; otherwise, your repairs will not be covered by the warranty.
The best time to buy an extended warranty for a used car is after the dealership's statutory warranty and the manufacturer warranty have expired. While the statutory warranty for a used car will last for three years, the manufacturer warranty on your used car may last for a few years, depending on the age of the car and the automaker.
You can check the remaining length of the manufacturer warranty when you purchase your second-hand car. When you can time the start of your used car extended warranty to begin when the other warranties on the vehicle expire, you can increase the length of your covered repairs.
The statutory warranty for used vehicles in Australia will last for three months, although the remaining manufacturer warranty for a vehicle may last much longer. After this period, drivers will be able to purchase an extended warranty for eligible vehicles. It's important to time the coverage periods for your vehicle warranty, so you can maximise the length of your vehicle protection.