Mechanical Breakdown Cover often called Extended Warranty, safeguards you in the event of faults or breakdowns. It covers the major mechanical and electrical failures of your vehicle within generous limits to give you security and peace of mind.
We, at CarFinance.com.au, encourage you to protect yourself against these unfortunate surprises when buying new or used cars. These products give you similar protection to what you get when buying through a dealer.
These warranties cover the cost of repairs, parts and labour apart from normal wear and tear items such as light bulbs, tyres and other perishable items in general maintenance. Essentially the warranty will cover the bulk of those unexpected mechanical failures.
A new car will usually come with a 2 to 5-year limited manufacturer’s warranty.
You can arrange cover for your car up to an additional 3 years from the end of the manufacturer warranty. This is perfect for those intending to keep their new car for the long term without the worry of mechanical costs.
Your used car may look and drive great at first, but you have no idea how the previous owners treated your now treasured item. They could have mistreated it at some point or simply never serviced it.
We at Car Finance and Bike Finance strongly recommend you take out mechanical warranty for any used car purchase, even if it came from a reputable dealer. If it already comes with a warranty we can organise extended cover for up to 3 years beyond the end of the dealer warranty (maximum warrantable life 5 years from the date of purchase).
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