cars, utes

Thinking about buying a new or used car? Then it’s time to have a think about whether you want to purchase an extended vehicle warranty.

Cars are one of our most expensive assets, so it’s important we have a safeguard in place should something go wrong. Given this, a new or used extended vehicle warranty that covers thousands of parts is something you should really consider. They can save you a huge amount of money - and headaches - should something electrical or mechanical in your car fail once the standard car warranty has lapsed (Murphy’s Law dictates it happens a day out).

Broken down car

 

 

To get started, though, let’s take a look at what standard vehicle warranties cover.

 

Standard car warranties

 

A vehicle warranty is a guarantee that your vehicle will be repaired if certain problems occur during a fixed period of time.

Australia has varying standards when it comes to standard vehicle warranties for used cars, depending on the state you’re in (see table below). New car warranties can also differ slightly based on the make you buy.

 

Dealer Statutory Warranties for Used Vehicles

 

Qualifying Vehicles (max age / KM at sale)

Warranty Length

(max time / KM)

VIC

10 years old / 160,000 km

3 months / 5,000 km

 

NSW

 

10 years old / 160,000 km

 

3 months / 5,000 km

 

QLD

 

Under 10 years old / 160,000 km

 

3 months / 5,000 km

Over 10 years old / 160,000 km

1 month / 1,000 km

 

NT

 

10 years old / 160,000 km

 

3 months / 5,000 km

 

ACT

 

10 years old / 160,000 km

 

3 months / 5,000 km

 

TAS

 

7 years old / 120,000 km

 

3 months / 3,000 km

 

WA*

 

10 years old / 150,000 km

 

3 months / 5,000 km

10 to 12 years old /

150,000 to 180,000 km

1 month / 1,500 km

 

SA**

 

$3,001 to $6,000

 

2 months / 3,000 km

More than $6,000

3 months / 5,000 km

* Motor vehicles must have a purchase price of $4000 or more.

** Warranty doesn't apply to cars that are sold for $3,000 or less, cars that have travelled over 200,000 km, nor cars that were first registered more than 15 years ago.

Looking at the top five car brands according to VFACTS sales data in 2019 (as reported by Carsales), we can see there’s no difference between new car standard warranties. Toyota, Mazda, Hyundai and Ford all offer 5 year/unlimited kilometre warranties, Mitsubishi a five year/100,000 kilometre warranty.

 

Benefits of getting an extended warranty for your vehicle

 

There are a few reasons why we strongly suggest opting for an extended car warranty. Best of all, perhaps, is that because you know you’re covered if there are any issues, you have total peace of mind.

 

Plus, if and when you decide to sell, you’ll receive a pro-rata refund for your remaining cover. Alternatively, you can sell with a transferable warranty which can be great for resale value.

 

What’s the best extended car warranty out there?

 

There are quite a few options out there to choose from, each with different inclusions and conditions and with varied prices. So, while it’s pretty difficult to say what the best extended car warranty in Australia is for you and your specific needs, we recommend doing plenty of research before making your choice.

Funnily enough, we actually offer an exclusive 5-Star Platinum Extended Warranty which provides an additional three years/100,000 or 200,000 kilometre (your choice) warranty above and beyond your standard warranty. We can work with you whether you’re buying new or used and can develop a package to match your requirements.

 

Chat with us about vehicle extended warranty now

 

Keen for a chat to find out more about the extended warranty we offer? Give our friendly team here at Stratton Finance a call now on 1300 787 288. Alternatively, send us an online message and we’ll respond to you soon.

We’ll also help you get into your new car hassle-free. Our far-reaching network of lenders and car dealerships means we’ll not only find the best price on the make and model you’re after - we can get you the best car financing deal for you. To start, get your obligation-free quote here!

Buying a new car? Speak to none other than our new car buying partner carconnect who can source your car for the best price in the market.

 

 

Looking for more information?

We've made it easy for you to find everything you need here.

EXCEPTIONAL, as good as Customer Service gets

I’ll keep this simple, if you want the BEST advice, the BEST service and the BEST product for your c... Product Review

Can't Recommend Highly Enough!!

Have purchased two vehicles through Stratton Finance and each time the service has been fantastic. S... Product Review

Stratton Finance A++

I've purchased 3 vehicles using Stratton and every time it has been hassle free. Not hidden nasties ... Product Review

Meet our network partners

With over 22 years experience, we have built an unmatched panel of finance and insurance partners which gives you access to products for your needs.

Pepper Money

Macquarie

RateSetter

AMMF

Liberty

Westpac

ANZ

Latitude

Redbook

Thorn Group

Bank of Queensland

Carsales

Metro

Get Capital

Axsess Today

Carconnect

Finance1

Capital Finance

Ready to get started?

Get an instant quote or apply now online.