Unexpected bills add up

Warrantywise.co.uk data has found that buying a used car can come with unexpected bills of around £603.

The research took average repair costs from the most popular models on its books and found that the average bill can vary from £406 to £833 depending on manufacturer.

Among the most popular manufacturers, Warrantywise found it was Peugeot, Ford and Suzuki that had the cheapest average repair costs, with claims on average coming to £406, £421 and £424 respectively. As a result, Peugeot has the cheapest average warranty cost, with six months of Warrantywise Platinum cover for just £103.

Representing the ‘best value for money’ according to Warrantywise is Toyota, with data showing the average repair bill comes to £592, while the average WarrantyWise cover comes to £117 for six months.

Buyers looking at more exotic models from the likes of BMW and Porsche could be hit by surprise repair costs averaging £721 and £807 respectively, while Subaru models also rack up hefty bills, averaging £791 per claim.

Lawrence Whittaker, CEO of Warrantywise, said, ‘If your car is over three years old, there’s an 84% chance of mechanical or electrical breakdown over the next three years, so a big bill is often waiting around the corner. Our data shows that repair costs can vary wildly by manufacturer and, in the case of some, come in at well over £700 on average. That’s why we always recommend that those looking at buying a used car also look at buying an aftermarket warranty.’

Car Manufacturer Average policy cost Average claim Comparison in price
Toyota £117 £592 506%
Hyundai £123 £577 469%
Mazda £128 £617 482%
BMW £178 £721 405%
Volkswagen £133 £537 403%
Porsche £504 £807 106%
Land Rover £335 £623 186%
Audi £240 £643 268%
Peugeot £103 £406 394%
Subaru £255 £791 310%
Ford £117 £421 360%
Nissan £151 £521 345%
Suzuki £109 £424 389%

 

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