Do You Really Need Van Warranty? Your Questions Answered
- 2 Jul 2024
Everyone wants their van to perform well, stand the test of time and just generally perform at its very best all of the time. But life doesn’t always go to plan, and it’s a good idea to plan for any eventuality. In the world of vans, this is where a van warranty comes in.
New vans, nearly new vans, and obviously, used vans can develop faults at any point, but with the correct measures in place, this won’t be half as big an issue.
Understanding Van Warranties
If the pandemic has taught us anything, it is that life is unpredictable. No one really knows what is going to happen in the coming month. The best move to make is planning. When it comes to a topic like van warranties, you will want to ensure you will never be caught short.
With any vehicle, be it van, car or bike, what might seem like a minor fault in the beginning could turn into a whole blown failure costing you thousands. A van warranty aims to remove this risk. Essentially, a van warranty is an insurance policy. Depending on the terms and conditions a van warranty will cover the cost of parts and labour.
How Long Does a Van Warranty Last?
The duration of a van warranty depends on the type of warranty you have. Typically, they will last anywhere from 3 months to 5 years. However, the most common fixed term is 3 years.
If you are buying an older or used van, it's a bit different. The age, mileage, and MOT and servicing condition of the van may restrict the type of policy issued.
What are The Different Types of Van Warranty?
There are three main types of van warranty for you to consider:
Manufacturer's Van Warranty
If you have bought a van fresh off the forecourt of a manufacturer, you will most likely benefit from a manufacturer’s warranty. This will typically last between 3-5 years. However, this said, if you find a warranty with better cover, there is nothing stopping you from opting for this option instead.
If you are buying a second hand, older van, there is every chance the manufacturer’s warranty will have run out and you’ll be looking for a used car warranty, with an external provider.
Independent Dealer Van Warranty
If you purchase your van from a dealership or garage, the seller may offer you a warranty. Typically, this type of warranty lasts for about three months, although you may have the option to extend the coverage period for an additional fee.
Extended Van Warranty
An extended van warranty, sometimes referred to as ‘after-market’ warranties, are available for both new and used vehicles, regardless of whether you already have another warranty in place. The cost and coverage options vary based on the age and model of your van. You will typically need to demonstrate that your van has been recently serviced and holds a valid MOT certificate.
What Does a Van Warranty Cover?
A good van warranty should cover the cost of mechanical and electrical failures. When choosing one, you will want to make sure this encompasses:
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Engine Parts
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Transmissions System
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Fuel System
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Electrical Components
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Cooling System
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Air Conditioning
Some van warranties might also offer coverage for steering systems, breaking systems and suspension components.
It is worth noting, despite a van warranty boasting many coverage advantages, they do not generally cover damage resulting from accidents, routine maintenance or parts subject to normal wear.
Benefits of a Van Warranty
A van warranty offers several benefits that can provide peace of mind and financial protection to vehicle owners. Here are some of the key advantages:
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Reduced Repair Costs: One of the primary benefits of a van warranty is the potential to save on expensive repair costs. If a covered component fails, the warranty can significantly reduce or even eliminate the cost of parts and labour.
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Increased Resale Value: A van with an active warranty can be more attractive to potential buyers, as it suggests the vehicle has been well-maintained and may still be protected against future mechanical failures. This can help maintain or even increase the resale value of the van.
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Budget Predictability: Unexpected repair costs can be disruptive, but a warranty provides a safety net that can help manage these unforeseen expenses.
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Peace of Mind: Knowing that you are covered in case of certain mechanical failures can reduce stress and provide reassurance, especially if you rely on your van for work or daily activities.
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Coverage Options: Warranties can often be customised to suit different needs and budgets.
Disadvantages of Van Warranty
The disadvantages of taking out van warranty are far outweighed by the benefits. That said, there are still a number of considerations to make:
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Coverage Limitations: Not all parts or types of damage are covered under a van warranty. Normal wear and tear, routine maintenance items, and damages due to accidents typically aren't included. This can lead to confusion and frustration if you assume something is covered when it isn't.
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Repair Restrictions: Some warranties may require that repairs be carried out at specific dealerships or approved service centres.
Understanding these potential drawbacks can help you make a more informed decision about whether a van warranty is the right choice for your needs and circumstances.
If you’re currently in the market for a new van in alignment with checking out warranties, head over to Discount Van Sales and browse their full collection of new and pre-reg vans today.
Comparing van warranty quotes can be time consuming and stressful. Ensuring you have identified the best van warranty provider for you is essential. It's crucial to find the right policy that offers the necessary coverage at an affordable price. If you think you’re ready to consider a van warranty, whether it's for a used van or extended van warranty, get in touch with Best4 Warranty. Simply browse our van warranty options on their site and start your cover today.