Vauxhall abandons its ‘lifetime warranty’ on new vehicles
Vauxhall has revealed that its much trumpeted ‘lifetime warranty’, which lasted 100,000 miles as well as an unlimited amount of time for the very first owner of the car, is being dropped as of January 2015, in favour of a traditional three year/ 60,000-mile transferable warranty.
Vauxhalls that have already been offered under the plan will still be covered by the lifetime warranty but the offer will no longer be offered on new Vauxhalls bought in 2015. The modification impacts the entire UK Vauxhall vehicle variety in addition to the Corsavan as well as Combo compact van.
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The Vivaro as well as Movano panel vans now get a guarantee of three years as well as 100,000 miles. The Ampera electric range-extender hatchback’s eight-year battery guarantee remains, although the rest of the vehicle falls under the new scheme.
The original lifetime guarantee was not transferrable to second owners, who instead had to make do with a three year/60,000 mile basic warranty. The new guarantee stays the exact same for any type of owners within that three-year, restricted mileage period.
The decision comes at an inopportune time for the Luton based arm of general Motors, which has only this week recalled 3,000 Adam as well as Corsa designs because of a steering problem, in which owners were told ‘not to drive their cars’ prior to a security inspection. It’s likewise the week of the Paris motor Show, a time that may even have been pinpointed by Vauxhall as a great moment to release this unfavorable news story.
Vauxhall declares that the lifetime guarantee scheme, which was only introduced in 2010, no longer makes ‘business sense’ because of the ‘changing ownership landscape’ for new cars. It likewise declares that its €4 billion investment in new powertain innovation means the plan isn’t economically viable.
The business cites the truth that 65% of retail vehicle sales in the UK are now finance-based, as well as 60% of them are PCP leases where the vehicle is provided back after three years. It therefore feels that such an extensive guarantee is no longer necessary for customers.
The new guarantee doesn’t sit favourably together with those offered by rivals such as Hyundai as well as Kia, who offer a five- as well as seven-year guarantee respectively. Toyota likewise offer a five-year warranty, as well as Renault offer a four-year deal. Vauxhall’s is, however, now similar with Ford’s as well as the VW Group’s present new vehicle guarantee provision.
Vauxhall is likewise offering a year’s free AA roadside assistance as well as the choice to prolong the guarantee at an additional cost.
What do you believe of Vauxhall’s decision to discontinue the lifetime guarantee scheme? let us understand in the comments section below.