Join Date: Mar 2011
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To warranty or not to warranty?
...that is the question.
We're going to buy (approximately) a 2005-6 Espace Initiale 3.0 cDi Auto for around £5k privately. Probably around 50,000 miles.
Currently we have a Volvo XC70, and pay Warranty Direct around £330/yr for a full warranty. On a car now worth £7k that feels about right.
But when I priced a Renault warranty through them they wanted nearly £800/yr
I *assume* is is the fabled Renault reliability going into the mix. My question is - on a £5k car should we pocket it and pay out for repairs if they ar needed?
All thoughts welcome.
Currently in MikeStead's garage:
'56 Grand Espace Initiale 3.0 dCi