In South Africa, unexpected car repairs can be a significant source of financial stress. Whether it’s a sudden engine failure or a complex electrical issue, these unforeseen expenses can quickly drain your savings. There is a solution that saves you money and your sanity: a vehicle Warranty.
What is a Vehicle Warranty?
A Vehicle Warranty is a contract that covers the cost of specific repairs or replacements for your car. In South Africa, there are several types of warranties available:
- Manufacturer’s Warranty: Typically comes with new cars and covers defects for a specified period.
- Extended Warranty: Prolongs the coverage after the Manufacturer’s Warranty expires.
- Aftermarket Warranty: Purchased separately, often for used vehicles.
Warranties work by agreeing to pay for certain repairs or replacements, subject to the terms and conditions of the contract. When a covered component fails, you’re protected from bearing the full cost of repairs.
What does a Vehicle Warranty cover?
Bidvest Insurance offers you vehicle warranties that are created to meet the needs of South African drivers, giving you comprehensive coverage for critical components of your car. Bidvest Insurance’s range of warranties typically encompass protection for your engine, which is considered the heart of your vehicle, ensuring you’re covered against potentially expensive repairs. The cover extends to both manual and automatic transmission systems, safeguarding you from costly transmission-related issues. The warranties often include protection for electrical systems, which can be particularly prone to failures and expensive to repair. Suspension components are also typically covered, helping to keep your car driving smoothly. Make sure you carefully review the terms and conditions of your specific Warranty plan to fully understand the extent of your cover and any limitations.
Common car repairs and their costs
To truly appreciate the value of your Vehicle Warranty, let’s look at some common car repairs South African drivers face and their associated costs:
Engine replacements
- Without Warranty: R60,000 – R150,000+
- With Warranty: Potentially R0 (subject to coverage limits)
Transmission repairs
- Without Warranty: R15,000 – R40,000
- With Warranty: Potentially R0 (subject to coverage limits)
Electrical system fixes
- Without Warranty: R5,000 – R20,000
- With Warranty: Potentially R0 (subject to coverage limits)
Suspension issues
- Without Warranty: R3,000 – R15,000
- With Warranty: Potentially R0 (subject to coverage limits)
These figures clearly show how important a Vehicle Warranty is, for your car, your budget, and your sanity.
Vehicle Warranty FAQs
Q: When is the best time to buy a Vehicle Warranty? A: The ideal time is before your Manufacturer’s Warranty expires or when purchasing a used vehicle.
Q: Can I get a Warranty for an older vehicle? A: Yes, Bidvest Insurance offers warranties for older vehicles, subject to certain conditions.
Q: Are all repairs covered under a Vehicle Warranty? A: Cover depends on your specific plan. Always review the terms and conditions for details on what’s included and excluded.
A Vehicle Warranty from Bidvest Insurance can save you a substantial amount of money, especially as your car ages. For South African drivers, it’s not just an expense – it’s an investment in protecting both your vehicle and your finances. Consider signing up for a Warranty for your vehicle, particularly if it’s approaching the end of its manufacturer’s coverage. With Bidvest Insurance, you can drive with confidence, knowing that you’re protected against costly surprises down the road.
Complete the form below to get a Warranty from Bidvest Insurance.
