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[pscocoa]

Phaeton is 5 years old today. Nothing has gone wrong other than service items and that means just the tyres. Two bulbs went when under warranty a couple of years ago but that happened the day before the service!!

I bought a warranty for years 4 and 5 from Warranty Wise for £420 a year which I have not had to call on.

Now of course at 5 years old the price is £70 a month for 1 year or £61 a month for 3 years.

If anything does go wrong it will be mega expensive eg - brake discs all round at a dealer will be £1100 which are not covered as a service item of course  - should I go indie???

Arguably to run a car like this for £61 a month plus your service items and road tax and fuel  is not bad value but it still narks. For that money I have a max single repair of £5000 no excess and no limit on number of claims, £200 per hour labour rate, and airbags, multimedia etc covered. Unlimited mileage as well.

Don't like to pay out for this but sod's law tells me that I am now entering the vulnerable years and if I don't do it I will get a problem.

On Phaeton website quite a mixed bag of views as you would expect but at £61 a month some think it is a no brainer to go for a warranty.

This is often the case.

Still, it's only £840 down the pan......

My Omega was costing a lot in years 4 and 5 - under warranty from VX who gave me an extra 2 years as I needed an engine rebuild on it in year 3 at 40000 miles and so they were recognising that I needed a comeback if anything went wrong!! In year 7 I had a new engine courtesy of VX after a problem cam belt change. The £840 was worth the peace of mind if there had been issues on level of Omega which had to have new electric sunroof, new media system etc.

[Sir Tigger KC]

How about this as a 'wildcard' suggestion.   

This mob do a basic warranty for £99 a year and you self insure everything that the warranty dosn't cover. That way you'll have some peace of mind and will be in profit if the car dosn't breakdown. 

http://www.gocarwarranty.co.uk/car-warranties/

Check out the T&C's carefully though....   

[pscocoa]

How about this as a 'wildcard' suggestion.   

This mob do a basic warranty for £99 a year and you self insure everything that the warranty dosn't cover. That way you'll have some peace of mind and will be in profit if the car dosn't breakdown. 

http://www.gocarwarranty.co.uk/car-warranties/

Check out the T&C's carefully though....   

This is a good call - I m onto it now. Interesting thing is  basic level of cover is £99 for all cars - if you go to the higher specs then it becomes as expensive as the others.

[pscocoa]

Go policy doesn't look bad for £99

This policy covers the following parts against mechanical breakdown as defined below.

Engine The rocker assembly, including hydraulic followers, inlet and exhaust valves [not burnt valves], springs and guides, cylinder head [not cracks and de-coking], cylinder head gasket [except skim], push rods, camshaft and followers, timing gears and chains [excluding tensioner], oil pump, pistons and rings, cylinder bores (excluding porous bores), con rods, gudgeon pins and bearings, crankshaft and bearings, inlet manifold, flywheel and ring gear. Timing belts are covered provided that the last due change of belt has taken place as specified by the manufacturer’s schedule [proof required]. 

Automatic gearbox Internal shafts, gears, clutches, brake bands, valve block, governor, oil pump, bearings and bushes, servo, drive plate and transfer gears. 

Torque converter Failure of any internal mechanical parts.

Differential Internal crown wheel and pinion, gears, shafts, bearings and bushes.

Wheel bearings Front and rear wheel bearings. 

Propshaft Universal joints and couplings. 

Engine cooling system Radiator, oil cooler, heater matrix, water pump, viscous fan coupling, thermostat and thermostat housing.

Steering [including power assisted steering] Steering rack and pinion [not gaiters], steering box, power steering rack and pump and idler box. 

Turbo charger [factory fitted] The turbo charger unit is covered. 

Brakes Brake master cylinder, wheel cylinders, restrictor valve, brake calliper seals. 

Anti locking brake system [ABS) [factory fitted)  The ABS modulator and sensors will be covered.

Electrical system Starter motor and solenoid, including pre-engagement mechanism and bendix drive, alternator/diode pack, indicator flasher relay, front and rear windscreen wiper and washer motors, horn.

Working materials Oils, oil filter and anti-freeze are covered only if it is essential to replace them because of the failure of a part which is covered under this policy.  Casings If any of the covered parts fail and this damages the casing, it will also be covered.

[05omegav6]

Go policy doesn't look bad for £99

This policy covers the following parts against mechanical breakdown as defined below.

Engine The rocker assembly, including hydraulic followers, inlet and exhaust valves [not burnt valves], springs and guides, cylinder head [not cracks and de-coking], cylinder head gasket [except skim], push rods, camshaft and followers, timing gears and chains [excluding tensioner], oil pump, pistons and rings, cylinder bores (excluding porous bores), con rods, gudgeon pins and bearings, crankshaft and bearings, inlet manifold, flywheel and ring gear. Timing belts are covered provided that the last due change of belt has taken place as specified by the manufacturer’s schedule [proof required]. 

Automatic gearbox Internal shafts, gears, clutches, brake bands, valve block, governor, oil pump, bearings and bushes, servo, drive plate and transfer gears. 

Torque converter Failure of any internal mechanical parts.

Differential Internal crown wheel and pinion, gears, shafts, bearings and bushes.

Wheel bearings Front and rear wheel bearings. 

Propshaft Universal joints and couplings. 

Engine cooling system Radiator, oil cooler, heater matrix, water pump, viscous fan coupling, thermostat and thermostat housing.

Steering [including power assisted steering] Steering rack and pinion [not gaiters], steering box, power steering rack and pump and idler box. 

Turbo charger [factory fitted] The turbo charger unit is covered. 

Brakes Brake master cylinder, wheel cylinders, restrictor valve, brake calliper seals. 

Anti locking brake system [ABS) [factory fitted)  The ABS modulator and sensors will be covered.

Electrical system Starter motor and solenoid, including pre-engagement mechanism and bendix drive, alternator/diode pack, indicator flasher relay, front and rear windscreen wiper and washer motors, horn.

Working materials Oils, oil filter and anti-freeze are covered only if it is essential to replace them because of the failure of a part which is covered under this policy.  Casings If any of the covered parts fail and this damages the casing, it will also be covered.

Cleverly worded that...

1.Cylinder head isn't covered if it needs skimming or if it's cracked...
eg... starts losing coolant. Diagnosis confirmed as head gasket failure.

Head comes off, gets sent away to be skimmed due to corrosion resulting in failure of HG (needs to be perfectly flat to pressure tested). You pay.

Head then fails pressure test due to undiscovered crack (due to running with water in one cylinder). You pay.

Head needs replacing. You pay, because it isn't covered against cracking.

2. Timing gear tensioner not covered. When the chain starts to wear, the tensioner will eventually be unable to compensate. Unfortunately for you, being a stupidly designed engine, the timing gear is between the engine and gear box, and essentially being an Audi design, the engine is mounted North/South as per the Omega, but to even assess which part of the timing gear has failed, you need to pull the engine, which means stripping everything infront of the bulkhead. Guess who pays for thast if the tensioner fails.

If that first example sounds far fetched, I had that very argument with a warranty company which ended up costing me £900 of an £1200 bill, and that was only a 2.0 Granada. About the only thing covered was the HG itself and the labour.

Personally,  I would take it back to the dealer from whence it came, have them carry out a complete inspection and ask them to quote a warranty based on the results...

[05omegav6]

Doesn't cover TC or gearbox seals either

[Sir Tigger KC]

It costs £99 and is a basic warranty, so of course it's got loopholes in it.  WTF do you expect Al? 

Pscocoa has done the research and it's more comprehensive than I expected to be honest.    and still worth considering assuming that he looks after his Phaeton. 

£99!  Do you really expect a fully comprehensive warranty for that sort of cash? Jeeeez!    

BTW what milage does your Phaeton have Pscocoa? 

[05omegav6]

It costs £99 and is a basic warranty, so of course it's got loopholes in it.  WTF do you expect Al? 

Pscocoa has done the research and it's more comprehensive than I expected to be honest.    and still worth considering assuming that he looks after his Phaeton. 

£99!  Do you really expect a fully comprehensive warranty for that sort of cash? Jeeeez!    

BTW what milage does your Phaeton have Pscocoa? 

A warranty would be a start

The age and mileage restrictions are horrific

[Sir Tigger KC]

The age and mileage restrictions are horrific

For £99, 10 years/100000 miles limit is fairly reasonable I'd think. 

It'd be nice if I could pay £99 for such cover on my 14 year/230000 car, but I'm kinda realistic about such things.......   

[pscocoa]

Sir Tigger - mileage on Phaeton is 49000

I think your solution is best so far.

[Diamond Black Geezer]

Phaeton is 5 years old today. Nothing has gone wrong other than service items and that means just the tyres. Two bulbs went when under warranty a couple of years ago but that happened the day before the service!!

I bought a warranty for years 4 and 5 from Warranty Wise for £420 a year which I have not had to call on.

Now of course at 5 years old the price is £70 a month for 1 year or £61 a month for 3 years.

If anything does go wrong it will be mega expensive eg - brake discs all round at a dealer will be £1100 which are not covered as a service item of course  - should I go indie???

Arguably to run a car like this for £61 a month plus your service items and road tax and fuel  is not bad value but it still narks. For that money I have a max single repair of £5000 no excess and no limit on number of claims, £200 per hour labour rate, and airbags, multimedia etc covered. Unlimited mileage as well.

Don't like to pay out for this but sod's law tells me that I am now entering the vulnerable years and if I don't do it I will get a problem.

On Phaeton website quite a mixed bag of views as you would expect but at £61 a month some think it is a no brainer to go for a warranty.

Agreed. I have a phone on effectively-unlimited contract for that very reason, peace of mind. I don't ever have to go into any settings, or check online, or wait for a statement or whatever to come through to see 'ah, I've just gone over... £110 on texts.... ooops' (yes, that happened once, new girlfriend  )

However, just looking at the brake discs you mention... £1100 fitted. I have no knowledge of the Phaeton's inner workings, but to replace the discs on one can't be greatly different from any other modern car. Wheels off, undo caliper bolts, hang out of the way, undo allen screw, disc off, new one on, refit is the reverse of removal... (happy to be disproven on this, though)

Found on a forum someone getting genuine discs from main dealer all round for £320 inc shipping, and that price comes down to £50 a pair if you want to go non-OEM. I'm a little intrigued to hear where the dealer is spending the missing £780... 

I can fully appreciate the repair costs of a brand-new / nearly new car are astronomical, because in your case, unlike the Omega, you just won't find one every week in a scrappy. Parts are specialist, or main dealer; and that's why you've gone down the warranty route. Just to play devil's advocate... if you'd put the £820 you'd spent on the warranty in 2 years into the Bank, that'd be about £850 now, and there as a 'kitty' should you have needed any repair work, which you haven't. At £70/month in another year, that'd grow to practically double = £1711, or at the £61/month 3 yr route = £3000+. It's a gamble, of course, that's warranties for you, maybe you will, maybe you won't. If the Phaeton's the reliable Omega-replacer you hope it to be, then no. On the other hand - consider the car's overall value in 3 year's time. If then it's only worth about or less than £3k, well, you've got more in your bank than the car's resale value, so then you'd be a very happy boy. 

Taxi Al makes a fine point, too - don't know if a warranty would replace a part like brakes, that are designed to wear away, any more than they would if it ran out of fuel because you hadn't topped it up.

I'm not wanting to appear negative, I'm simply offering another perspective  It's a decision only you can make, I think.

Thanks for this - sets out the dilemma very well. I have not renewed so as things stand now I have no warranty but the quote from Warranty wise is valid for 30days - some people have claimed a lot but I am only doing 10000 miles a year and only use it a few  times a month for long journeys. Omega takes the strain on everything else.

No worries at all, you're welcome. Just didn't want it to come across as me calling you, etc.. Hope that a fair solution to your wallet is found soon 

[05omegav6]

The age and mileage restrictions are horrific

For £99, 10 years/100000 miles limit is fairly reasonable I'd think. 

It'd be nice if I could pay £99 for such cover on my 14 year/230000 car, but I'm kinda realistic about such things.......   

Sounds like Phil has made his mind up, but for the warranty to actually cover anything, the premium jumps to £685 for the Phaeton for a year, not such a bargain Interestingly, the Ultimate plus is the same price...

[pscocoa]

Just spoke to Go Warranty and the £99 level only gives  you a pay out of £500 per claim so not much use for me.

Their 3 year Ultimate Cover is £40 per month equivalent with labour rate at £100 but no multimedia cover and excludes wear and tear.

continuing to check out.

[Sir Tigger KC]

Just spoke to Go Warranty and the £99 level only gives  you a pay out of £500 per claim so not much use for me.

Their 3 year Ultimate Cover is £40 per month equivalent with labour rate at £100 but no multimedia cover and excludes wear and tear.

continuing to check out.

Ah shame, that's why it's £99 then....   

I guess if you want cover for any eventuality then there's no way out but to carry on paying the £600 - 700 a year for a comprehensive warranty. You pays your money as the old saying goes. 

It might still be worth getting quotes for ancillary replacement at an indy garage or VW specialist?  Would £500 cover a alternator or water pump for example?    A far more likely scenario than something like HG failure I'd have thought? 

From experience on the Phaeton forum, what tends to go wrong on these cars at your age/mileage? 

[78bex]

Yes  keep payin in if it gives you peace of mind

Just out of interest, has anyone ever claimed on a non-manufacturers car warranty & got a result