Hi all
looking to buy our first Fiat (a 500, obvs...) and I was wondering on the topic of warranties. I've currently got a ten year old BMW 540 and pay a whopping £70 a month for its warranty, yet it's paid out on around £9k of repairs over the last three years.
The dealer (Arnold Clark) that we are looking to buy the 500 from offers a 2 year warranty at £249, which seems pretty good value, considering. I did a couple of quick googles on third party warranties and was astonished at the prices they were coming back with. They seemed to centre around £50 a month, which is a) not that much cheaper than a 10 year old V8 BMW and b) equate to £600 a year, or £1,200 compared to the Arnold Clark warranty.
So, I guess I have a whole bunch of questions;
Cheers
Scott
looking to buy our first Fiat (a 500, obvs...) and I was wondering on the topic of warranties. I've currently got a ten year old BMW 540 and pay a whopping £70 a month for its warranty, yet it's paid out on around £9k of repairs over the last three years.
The dealer (Arnold Clark) that we are looking to buy the 500 from offers a 2 year warranty at £249, which seems pretty good value, considering. I did a couple of quick googles on third party warranties and was astonished at the prices they were coming back with. They seemed to centre around £50 a month, which is a) not that much cheaper than a 10 year old V8 BMW and b) equate to £600 a year, or £1,200 compared to the Arnold Clark warranty.
So, I guess I have a whole bunch of questions;
- Are warranties actually required? What's the most expensive repair that a 500 would require?
- Does anyone have experience of 3rd party warranties on a 500, and what do you pay?
- Does anyone have experience of the Arnold Clark warranty?
- Is there such a thing, as there is with BMW, of a manufacturer extended warranty? I checked the Fiat website but could not spot anything
Cheers
Scott
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