Everyone is aware that having a motor vehicle can be costly which is why, whenever we purchase a new or second hand car, it is advisable to make sure it has some type of motor warranty. However, a motor warranty is not always a sure ride to reducing costs as it will eventually run out. This is why many people opt to take out an extended motor warranty once their original warranty has run out.

What exactly is a motor warranty?

A motor warranty is a form of protection provided to the owner of a vehicle upon purchase that covers mechanical problems that may affect the running of a car.  The length of a motor warranty depends on the brand and model of car, and whether it is new or second hand.

What does it cover and exclude?

A typical motor warranty will cover major mechanical components of your car including:

  • Engine
  • Transmission system
  • Fuel and ignition systems
  • Cooling systems
  • Electrics
  • Gearbox
  • Steering
  • Suspension
  •  Non-frictional clutch
  • Brakes
  • Air-conditioning systems

It excludes:

  • Day to day wear and tear on tyres, exhausts, brakes, clutch
  • Damage to bodywork paint, glass and lights
  • Damage to the audio system and satellite navigation systems

What is an extended motor warranty?

An extended motor warranty is a type of top-up insurance that you can take out once your original motor warranty expires. For an extra monthly fee, it will cover costly mechanical breakdowns just like a motor warranty, helping you keep your car running in good condition. It is beneficial to take out an extended motor warranty because you are protecting yourself against major unexpected costs if anything were to happen to your vehicle.

How much will it cost?

Every insurance house will offer you different deals for an extended plan. It is all about finding the best deal that will suit both your needs and budget. Together with Motor Engage, MoneyShop offers you a budget-friendly range of motor plans where you will only pay for the cover you need. Our policies are easy to understand with no hidden clauses and will give you peace of mind.