This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ferrari has introduced two new extendedwarranties for their plug-in hybrids. That likely helps to explain why the company has introduced two new extendedwarranty plans for plug-in hybrid models including the SF90 Stradale , SF90 Spider, SF90 XX Stradale, SF90 XX Spider, 296 GTB and 296 GTS.
Here’s a straightforward guide to the most common dealership terms you’ll hear at UK dealerships. Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. It’s worth comparing APRs from different lenders, as your credit score and loan term will affect the rate offered.
The warranty period will extend each year at the time of service until the vehicle reaches a total of eight years. For full terms and conditions, click here. The post Honda Australia rewards new and existing customers with extendedwarranty appeared first on Drive.
All new Nissans sold in Australia from January 1, 2021 will continue to be covered by the brand’s standard five-year, unlimited-kilometre warranty, however, owners will be able to extend this to 10 years and 300,000km (once again whichever comes first). Hundreds of new car deals are available through CarExpert right now.
More are coming every year, and each one has unique warranty periods and terms. This is intended to provide information on what the average buyer can expect from each brand in terms of their standard warranties, with caveats and disclaimers explained within each section where possible or necessary.
One of the most contentious areas within this realm is the extendedwarranty services that dealerships often promote. Recently, allegations have surfaced suggesting that a finance manager in a prominent dealership may have acted dishonestly concerning these warranties. In the automotive industry, trust is paramount.
Do You Need an ExtendedWarranty for Your Car? What is an extendedwarranty? An extendedwarranty is like a protection plan that you can buy for your car. It provides coverage for repairs and replacements of certain parts after the manufacturer’s warranty expires. How reliable is your car?
That track record, she said, gives Nissan the utmost confidence in the durability and long-term performance of its hybrid system. For Australian customers in particular, Nissan has sweetened the deal by offering a 10-year, 300,000-kilometre warranty (as long as the vehicle is serviced by Nissan).
This seems odd to me: most batteries are covered by extendedwarranties, EVs have fewer moving parts that can break and people often still buy old Alfa Romeos despite literal warning lights. People dont tend to like the unknown, and there are many scare stories about failing batteries and other issues.
This seems odd to me: most batteries are covered by extendedwarranties, EVs have fewer moving parts that can break and people often still buy old Alfa Romeos despite literal warning lights. People dont tend to like the unknown, and there are many scare stories about failing batteries and other issues.
Dealer Add-Ons : Some dealerships may push unnecessary add-ons like extendedwarranties or paint protection. Financing Costs : If youre financing your car, be mindful of interest rates and loan terms.
Financing Offers: Attractive financing terms, like 0% APR or deferred payment options. Longer Warranties: Extendedwarranty offers can be a part of year-end promotions, offering consumers peace of mind with their purchase. Understanding financing options can lead to better long-term value.
Resale Value: Students must also consider how well the car holds its value over the long term. New or Used Cars While new cars are purchased with warranties and cutting-edge features, used cars yield more value and less depreciation. Certified Pre-Owned (CPO) programs exist as a compromise, ensuring quality with extendedwarranties.
And then there’s Ferrari’s plan to offer a battery subscription for extendedwarranty coverage on its hybrid models for a measly $7,500 per year ! BMW, for example, installs adaptive suspension hardware in some vehicles but charges $27.50
Mazda offers free repairs and extendedwarranties for models with faulty valve seals. Under the terms of the settlement, the automaker will provide compensation to eligible owners and lessees of these affected vehicles. Owners of affected models can claim refunds for costs tied to excessive oil use.
An effective CRM will identify customers who are ready for a vehicle upgrade, need service maintenance (open recalls), or could be interested in additional products like extendedwarranties or accessories. Improving lead quality doesnt have to be complicated, but it does have to be consistent.
When you’re dealing with car dealerships, whether buying a new car or getting service on your existing vehicle, you might encounter several terms that aren’t immediately clear. The F&I manager will also offer additional products such as extendedwarranties and GAP insurance. Doc fees vary by state and dealership.
A prevalent strategy among dealers is to utilize price markdowns, dealer trades and extendedwarranty offers to manage inventory carryover. Limited dealership space and rising holding costs further exacerbate this issue, highlighting the need for more effective inventory management solutions.
a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, has announced in a press release a strategic agreement with EVSTAR to introduce extendedwarranty coverage options for Blink customers. Blink Charging Co. ,
This guide will walk you through the key aspects of Toyota’s extendedwarranty, helping you understand the benefits and how to keep your vehicle covered. After this initial period, the warranty can be extended by an additional 12 months or 10,000 miles with each qualifying service, up to a maximum of 10 years or 100,000 miles.
This warranty covers defects in materials and workmanship for a specified period after the purchase date, providing consumers with peace of mind regarding the product’s quality. These contracts offer additional protection beyond what the manufacturer’s warranty covers, such as repairs, maintenance, and other services.
The Breakdown: Understanding Add-Ons and Backend Products Add-ons and backend products can consist of various components including vehicle service contracts, extendedwarranties, rustproofing, paint protection, and aftermarket enhancements. ExtendedWarranty $1,500 Covered repairs and peace of mind.
Cars that qualify for CPO status typically come with extendedwarranties and additional perks, such as complimentary maintenance services or roadside assistance. Dealerships often have access to various financial institutions and lenders, allowing them to offer competitive rates and terms.
Create a Positive Impression at the Store and Online The impression your dealership extends plays a significant role in influencing a customer’s decision and whether they become repeat customers. Enhance Relationship Building and Experience Building long-term relationships with customers is essential for repeat business and referrals.
For example, brands like Toyota, Honda, and Lexus often score high in long-term reliability. These vehicles have gone through detailed inspections and often come with extendedwarranties, so they’re generally more reliable than other used cars. Extendedwarranty The Bottom Line: Are Used Cars Reliable?
Now it has been revealed MG’s “offer” is not money back off the price of their current vehicle, nor free servicing, an extendedwarranty, or any other item for their current MG 4. Instead, customers will be eligible for a discount on the purchase of a new MG – provided they trade in their current car.
“What’s more, if a dealer upsells to longer terms, they could either reduce their warranty costs or, depending on the success of their upselling strategy, eliminate them entirely. In fact, many of our dealers have increased their profit per vehicle by as much as 25% through upselling extendedwarranties alone.
Certified Pre-Owned Vehicles Certified pre-owned (CPO) vehicles offer an attractive option for price-conscious buyers.Provide thorough inspections,certification processes,and extendedwarranties on CPO vehicles.This can attract customers who prefer the benefits of a new car experience at a more affordable price point.
Knowing how much room there is to negotiate and understanding where we can offer additional value, such as extendedwarranties or service packages, allows us to approach the negotiation with confidence. This not only ensures we stay within the customer's constraints but also considers our dealership's bottom line.
Kristian Appelt, Director at Iron Chef Imports , says that there is a chance that the brand may or may not honour the factory warranty. “As a general rule, no [the warranty is not valid], their terms will state it is only applicable in the country where the vehicle is sold new,” said Appelt.
These extras can range from extendedwarranty packages and maintenance plans to high-tech accessories like advanced infotainment systems. Warranty Extensions: Offering extendedwarranties can alleviate buyer anxiety about maintenance costs and vehicle reliability.
When it comes to cars, the term “wear and tear” gets thrown around a lot, especially in the automotive service and repair industry and abused by service providers including extendedwarranty companies/brokers and finance companies/brokers. But what does it actually mean?
Lexus vehicles are often praised for their long-term reliability and low maintenance needs. Models such as the Mitsubishi Outlander and Mitsubishi Lancer are praised for their robustness and long-term reliability. With their extendedwarranties and strong build quality, Kia models are a reliable choice for used car buyers.
” In terms of pricing, most Mazda models have either held steady or seen increases the Mazda 2 , BT-50 , and CX-3 are all more expensive in 2025. The tables turned again just a couple weeks ago, when Nissan Australia introduced a 10-year, 300,000km vehicle warranty , which remains the longest of any carmaker in the country.
Types of Used Car Warranties Manufacturer’s Certified Pre-Owned (CPO) Warranty: Offered by car manufacturers on certified pre-owned vehicles, typically covering a comprehensive range of components for a specific duration or mileage limit. They may offer different coverage levels and durations.
Our finance team works diligently to secure the best rates and terms for our customers, ensuring that purchasing a used car is as stress-free and affordable as possible. Many of our pre-owned cars come with extendedwarranties and additional benefits, further enhancing the value of your purchase.
This may help customers better evaluate long-term maintenance and repair costs. A handful of EV makers are introducing certified pre-owned programs that can also offer extendedwarranties. For example, if you purchase a Polestar from its pre-approved pre-owned program, it will also come with a minimum 24-month warranty.
The Basics of Used Car Warranties A used car warranty typically outlines the specific coverage and terms offered by the dealer. The warranty may have a duration specified in months or mileage. It’s important to carefully review the terms and conditions of the warranty to understand what is covered and for how long.
Book inspection Car finance companies often use contractual loopholes and legal interpretations to avoid paying for car repairs, particularly by relying on terms outlined in the Sales of Goods Act 1979 (as amended) and specific agreements between the car seller and the finance company.
Monthly Loan Payments If you’re financing, the monthly payment amount depends on the loan’s term and interest rate. Especially for vehicles above 8 years as unreliability factor is much greater and you are unable to get good extendedwarranty purely due to the age of the vehicle. Think about after vehicles reliability factor.
The car maker said the commercial use of its vehicles is restricted to a standard seven-year/150,000km warranty. However, over a decade later, a key figure within the brand said it has no intentions to follow the likes of Nissan, Mitsubishi and MG in increasing its warranty cover to 10 years.
Smoother Purchasing Process Instead of spending extra hours or days trying to get pre-approved for a loan through a third institution, in-house financing car lots ensure a quicker process with more benefits that can include extendedwarranties and flexible interest rates.
In the simplest terms, the fringe benefits tax (FBT) is a tax paid by employers on certain benefits provided to their employees. As tax time approaches, brush up on your fringe benefits tax knowledge and find out which cars are FBT-exempt in 2024.
This includes offering comprehensive after-sales services such as extendedwarranties, service packages, and easy access to maintenance records online. The availability of extendedwarranties provides customers with peace of mind, demonstrating a commitment to standing by the quality of their products post-purchase.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content