I guess this has been covered but I'm gonna ask again anyway.

Project 'dream vRS' will get underway in the next 6 weeks or so and while I spend way to long on the configurator, one thing I haven't really considered too much is the possibility of an extended warranty.

Now, this car will be a keeper, expected life with me is 5+ years and of course the standard warranty is 3 years.

Is the extension on the warranty worth it? You do hear quite a lot of stories about vehicles (not necessarily Skoda) failing big time just outside of warranty!

Or, is one of these third party extended warranty deals an option?

S*ds law says that if I buy it she will run sweetly forever and if I don't, it will go bang soon after!

Thoughts please.

Like all these things... there are pretty much 3 options:

 

1.  Buy the warranty, and enjoy the peace of mind;

2.  Don't buy the warranty, and take your chances;

3.  Don't buy the warranty, and put the money you save into a savings account and essentially self-insure (of course, you have to accept that the repair cost may exceed what you've saved depending on what goes wrong and how soon!).

 

Depends on your attitude to risk, really.

I'd say buy the warranty.  

 

If you keep the car for 5 years you have only wear and tear to worry about, and if you change your mind and decide to sell it after, say, 4 years, it'll be easier to shift with a proper warranty behind it.

If you're considering the DSG...buy the warranty

If you're considering the DSG...buy the warranty

For reasons stated elsewhere, I must have a DSG, are they that bad as the mileage piles on?

The manufacturers extended warranty (as ordered with the car) is definitely worth it as is a direct extension of the 3 year warranty.

The one bought at the dealer whilst Skoda branded is usually underwritten by a 3rd party and not so comprehensive.

Go for it I would for the sake of 500 notes or so. I'd get it next time round.

I was fortunate the final drive faiure at 42 months on my Octavia II 1.8TSI 4X4 was covered by the Skoda Approved Extended Warranty I bought when the manufacturer's warranty ended. I would opt to extend the warranty by 2 years when buying new if that option was available. JMTPW.

For reasons stated elsewhere, I must have a DSG, are they that bad as the mileage piles on?

No their really not. Like everything else they can go wrong and yes its fact that they can be expensive if they do but on the most part they are v reliable (particularly the 6 speed box as fitted to the vRS).

For reasons stated elsewhere, I must have a DSG, are they that bad as the mileage piles on?

 

Not really plenty on here with big miles and ok boxes, mines 5 years old with no issues - but better safe than sorry.

 

If it was me I'd buy the warranty. My mk2 had rear caliper failure a few months outside of the 3 year warranty, in my case Skoda kindly cover 90% of the cost.

Cheers guys.

When I saw your posts, it did make me wonder about the DSG but to me honest a manual is out of the question so it is what it is.

I bought the warranty with mine just for peace of mind, it's good value I reckon overall.

 

Plus, if I don't keep the car for the full 5 years it's a good thing to be able to say it has to help sell it on.

 

P

Edited 19 August, 201411 yr by paulobrien

I purchased the 2 year extra warranty when I recently purchased my Octy 3. Beaing in mind that as I'm now retired and I might keep this one for 5 years, my rationale was:

 

(1) The manufacturer extended warranty is only available at the time of purchase. Otherwise purchase of the extra warranty from Skoda at the end of the 3 years only provides an insurance backed warranty (albeit with a Skoda brand name). My experience of third party warranties purchased from insurance companies like Warranty Direct has been consistently bad.  I did this for my wifes Fabia and WD provided appalling service and don't ever wish to repeat the experience. 

(2) The cost was reasonable - compare it with what 2 years warranty will cost from a third party.

(3) Or if I do sell early then I will able to offer it with the remainder of a manufacturers warranty which must help in moving it on.

(4) The potential cost of repairs on some components (eg DSG, other key electronics) could be significant.

(5) The latest Which? report suggests that reliability (for most brands) begins to decline significantly after 3 years of age 

(6) Warranty Direct reliability tables indicate that the Octavia (across all years) is generally a reliable beast with an index rating of 96. (100 is average and a number lower than that is better than average). But the average cost of a repair if it is needed is £321.

 

So I purchased 5 years peace of mind at what I consider to be a reasonable cost.

 

But at the end of the day the decision is down to your own personal view of, and comfort with, risk. There is no absolutely correct decision for this.

The manufacturers extended warranty (as ordered with the car) is definitely worth it as is a direct extension of the 3 year warranty.

The one bought at the dealer whilst Skoda branded is usually underwritten by a 3rd party and not so comprehensive.

Go for it I would for the sake of 500 notes or so. I'd get it next time round.

I have had this confirmed by SUK - it is significantly more comprehensive.

I have had this confirmed by SUK - it is significantly more comprehensive.

Significantly more comprehensive than what exactly?

The insurance backed one you buy after the point of order.

 

For instance, electrical faults are not covered by the SUK extended warranty, but are covered by the factory standard warranty and the factory extended warranty. The warranty you can only buy at the point of order (or before the car is built) is a factory option and appears as a PR code in your service book and on the sticker under the boot carpet. It is a direct extension of the factory warranty.

 

Any warranty you buy after the car has been built is a Skoda UK insurance backed warranty, which has some significant exclusions.

The insurance backed one you buy after the point of order.

 

For instance, electrical faults are not covered by the SUK extended warranty, but are covered by the factory standard warranty and the factory extended warranty. The warranty you can only buy at the point of order (or before the car is built) is a factory option and appears as a PR code in your service book and on the sticker under the boot carpet. It is a direct extension of the factory warranty.

 

Any warranty you buy after the car has been built is a Skoda UK insurance backed warranty, which has some significant exclusions.

Ah I'm with you now.

 

My understanding is that the insurance based warranty is underwritten by AGA International, adminstered by Car Care Plan and branded by Skoda. This is a vanilla aftermarket warranty sold by lots of car manufacturers such as Jaguar and Nissan.  This type of warranty does have significant exclusions as you rightly say.

Yep, not saying it is a sub-standard warranty that SUK provide, just that the factory warranty is more comprehensive. People assume that if they extend the warranty through the dealer after purchasing it is the same warranty as if they had added it on to the factory order, but it isn't.

No brainer in my opinion.

These cars are riddled with complex electronics on top of the usual mechanics, and the MQB platform is still in its infancy... so for the price - vs - peace of mind, it's one of the top contenders.

It's also a major consideration in resale terms, as should you choose to sell the vehicle within the warranty period, it's appeal and value will be enhanced and you'll have an added USP over many others.

Ok guys, thank you all, this is beginning to look like a done deal, appreciate your thoughts on this.

Yep, not saying it is a sub-standard warranty that SUK provide, just that the factory warranty is more comprehensive. People assume that if they extend the warranty through the dealer after purchasing it is the same warranty as if they had added it on to the factory order, but it isn't.

Makes you wonder why the need to have car built with option ticked. Do they use different parts to build car, i.e. Manufacturered to last through the extended warranty period by the manufacturer.

Because it is a factory option????

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Makes you wonder why the need to have car built with option ticked. Do they use different parts to build car, i.e. Manufacturered to last through the extended warranty period by the manufacturer.

Exactly the same parts used, but they have your cash for the warranty as an extra. If you don't go for it at order they may never sell you a warranty in the future. Like others with the DSG I opted for it for peace of mind.

Just wondering if anyone has bought the extended warranty after 3 years and had to use it? I cant find much difference between named component cover and all component cover. My skoda warranty is ending soon. 

 

https://www.insurewithskoda.co.uk/library/pdf/SKODA_Extended_Warranty_Policy_06_01_2015.pdf 

Both says "We will pay for the costs of repairing or replacing the factory fitted mechanical and electrical components of your vehicle listed below that have suffered sudden failure during the period of cover subject to the maximum claim limit and the terms and conditions of this policy."

There are many exclusions for "all components cover" which makes me think what are the additional things that are covered. There is only £15 difference between all component and named component cover anyways.

On 8/19/2014 at 21:32, andyvee said:

Yep, not saying it is a sub-standard warranty that SUK provide, just that the factory warranty is more comprehensive. People assume that if they extend the warranty through the dealer after purchasing it is the same warranty as if they had added it on to the factory order, but it isn't.

 

When you say adding on to the factory order, do you mean I should have taken it when I first placed the order at the dealer, or can it be included at any point before I pick up the car? We weren't particularly given the option to include it at the point of sale yesterday, but are definitely considering it

31 minutes ago, alladin1616 said:

Just wondering if anyone has bought the extended warranty after 3 years and had to use it? I cant find much difference between named component cover and all component cover. My skoda warranty is ending soon. 

 

https://www.insurewithskoda.co.uk/library/pdf/SKODA_Extended_Warranty_Policy_06_01_2015.pdf 

Both says "We will pay for the costs of repairing or replacing the factory fitted mechanical and electrical components of your vehicle listed below that have suffered sudden failure during the period of cover subject to the maximum claim limit and the terms and conditions of this policy."

There are many exclusions for "all components cover" which makes me think what are the additional things that are covered. There is only £15 difference between all component and named component cover anyways.

 

I looked in to it and avoided because it's horrendously expensive. It seems to be ok a par with the Approved Used cover (which as I found wasn't quite as comprehensive as it sounds) and not as comprehensive as the Manufacturer's warranty.